NOT LISTED FOR SALE

524 Middlebury St Elkhart, IN 46516

Tipton Area Neighborhood

Estimated Value: $122,413 - $157,000

3 Beds
1 Bath
1,488 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $29,000 $19 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $860/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to Ludgwig Corner

About This Home

As of March 2021

Rented single family home on Middlebury St, 3 bedroom 1 bathroom, sold "as is". Sale subject to tenants rights.

Last Agent to Sell the Property

Andrew Myers

Myers Trust Real Estate Listed on: 01/27/2021

Last Buyer's Agent

Andrew Myers

Myers Trust Real Estate Listed on: 01/27/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 33x120
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 20-06-04-364-015.000-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BEESONS E1/2 LOT 64; (TIF 110)
  • Parcel Number ID: 20-06-04-364-015.000-012
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2400
  • Total Finished Sq Ft: 1488
  • Above Grade Finished Sq Ft: 1488
  • Below Grade Sq Ft: 912
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 912

Exterior Features

  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33x120
  • Estimated Lot Sq Ft: 3960
  • Estimated Lot Size Acres: 0.0909

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 763.39

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 4, 2021
Sold by
Lehman David and Lehman Janet N
Bought by
Equity Trust Company and Marcia Bechtel Roth Ira
Seller's Agent
Andrew Myers
Myers Trust Real Estate
Buyer's Agent
Andrew Myers
Myers Trust Real Estate
List Price
$29,900
Sold Price
$29,000
Premium/Discount to List
-$900
-3.01%
Current Estimated Value
$138,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,853
Avg. Annual Appreciation
39.06%

Purchase Details

Closed on
Jan 10, 2008
Sold by
Lehman David A
Bought by
Lehman David A and Lehman Janet N

Purchase Details

Closed on
Oct 10, 2007
Sold by
Wells Fargo Bank Na
Bought by
Lehman David A

Purchase Details

Closed on
Feb 21, 2007
Sold by
Scully Delores
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 10, 2004
Sold by
Sunnyview Farms Inc
Bought by
Scully Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
8.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2004
Sold by
Us Bank Na
Bought by
Sunnyview Farms Inc

Purchase Details

Closed on
Mar 2, 2004
Sold by
Mckenzie Gilbert
Bought by
Us Bank Na and New Century Home Equity Loan Tr Series
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Equity Trust Company $29,000 Fidelity National Ttl Co Llc
Lehman David A -- None Available
Lehman David A -- Investors Titlecorp
Wells Fargo Bank Na $63,307 None Available
Scully Delores -- Title Works Inc
Sunnyview Farms Inc -- Meridian Title Corp
Us Bank Na $37,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scully Delores $53,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $29,000 -3.0% $19 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $29,900 -- $20 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,568 $62,800 -- $62,800
2022 $1,568 $41,900 $9,200 $32,700
2021 $865 $41,900 $9,200 $32,700
2020 $920 $41,900 $9,200 $32,700
2019 $778 $35,500 $2,800 $32,700
2018 $742 $33,600 $2,800 $30,800
2017 $744 $33,600 $2,800 $30,800
2016 $742 $33,600 $2,800 $30,800
2014 $576 $27,000 $2,800 $24,200
2013 $422 $21,100 $9,100 $12,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew Myers

    Seller's Agent in 2021

    Andrew Myers

    Myers Trust Real Estate

    (574) 320-1214

    1 in this area

    151 Total Sales

    Andrew Myers
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Map

Source: Indiana Regional MLS

MLS Number: 202102955

Indiana Regional MLS

APN: 20-06-04-364-015.000-012

Indiana Elkhart County Elkhart 46516 Tipton Area

524 Middlebury St, Elkhart, IN

Not Listed for Sale

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