NOT LISTED FOR SALE

525 W Franklin St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $92,000 - $114,000

3 Beds
2 Baths
1,424 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $110,000 $77 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $620/month

50 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2023

Enjoy this 3 bedroom, 2 bath, two-story home with plenty of living space for everyone. This home features 2 kitchens, dining room, living room, and more. Property used to be a duplex with 2 kitchens, and 2 electric meters. Could be converted back into a duplex by adding a doorway near the bottom of the stairs. Property is being sold as is.

Last Listed By

Jaime Perez

Century 21 Circle Listed on: 03/14/2023

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $807

Year Built

  • Built in 1900

Lot Details

  • 3,746 Sq Ft Lot
  • Lot Dimensions are 38x99
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Beardsley Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-387-002.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$807

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BEARDSLEYS 2ND S & W 38FTX6RDS NE COR LOT 204
  • Parcel Number ID: 20-06-05-387-002.000-012
  • Platted: Yes
  • Sp Lp Percent: 91.67
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1904
  • Total Finished Sq Ft: 1424
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Sq Ft: 480
  • Price Per Sq Ft: 77.25
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 12x10, On Level: Main
  • Kitchen: Dimensions: 13x8, On Level: Main
  • Dining Room: Dimensions: 13x8, On Level: Main
  • Extra Room: 2ND Kitchen, Dimensions: 10x6, On Level: Upper
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 480

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

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

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Beardsley
  • Middle School: North Side
  • High School: Elkhart
  • Elementary School: Beardsley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38X99
  • Estimated Lot Sq Ft: 3746
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 204

Tax Info

  • Annual Taxes: 806.97
  • Exemptions: Homestead

MLS Schools

  • High School: Elkhart
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jun 19, 2023
Sold by
Moreno Irma L Cruz
Bought by
Machovec Tommi
Seller's Agent
Jaime Perez
Century 21 Circle
Buyer's Agent
Dan Wiseman
RE/MAX 100
List Price
$139,000
Sold Price
$110,000
Premium/Discount to List
-$29,000
-20.86%
Total Days on Market
50
Views
343
Current Estimated Value
$106,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,123
Avg. Annual Appreciation
-1.48%
Original Mortgage
$70,000
Outstanding Balance
$68,568
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$38,309

Range of Values:

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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
Machovec Tommi $110,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machovec Tommi $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $110,000 -8.3% $77 / Sq Ft
04/25/2023 04/25/23 Price Changed $120,000 -7.7% $84 / Sq Ft
03/28/2023 03/28/23 Price Changed $130,000 -6.5% $91 / Sq Ft
03/14/2023 03/14/23 For Sale $139,000 +215.9% $98 / Sq Ft
06/10/2021 06/10/21 Sold $44,000 -8.3% $31 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $48,000 -- $34 / 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 $340 $45,400 $9,700 $35,700
2022 $340 $29,900 $9,700 $20,200
2021 $492 $23,500 $9,700 $13,800
2020 $522 $23,500 $9,700 $13,800
2019 $604 $27,400 $9,700 $17,700
2018 $459 $20,500 $3,000 $17,500
2017 $456 $20,300 $3,000 $17,300
2016 $455 $20,300 $3,000 $17,300
2014 $431 $20,200 $3,000 $17,200
2013 $538 $26,900 $9,700 $17,200
Source: Public Records

Agents Affiliated with this Home

  • Jaime Perez

    Seller's Agent in 2023

    Jaime Perez

    Century 21 Circle

    (574) 606-7876

    4 in this area

    204 Total Sales

    Jaime Perez
    Section Image
  • Dan Wiseman

    Buyer's Agent in 2023

    Dan Wiseman

    RE/MAX

    (574) 971-7302

    1 in this area

    41 Total Sales

    Dan Wiseman
    Section Image
  • Micki Olson

    Seller's Agent in 2021

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    3 in this area

    173 Total Sales

    Micki Olson
    Section Image
  • Carmen Ramirez Montenegro

    Buyer's Agent in 2021

    Carmen Ramirez Montenegro

    St. Joseph Realty Group

    (574) 520-2560

    3 in this area

    140 Total Sales

    Carmen Ramirez Montenegro
    Section Image
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Map

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Source: Indiana Regional MLS

MLS Number: 202307416

Indiana Regional MLS

APN: 20-06-05-387-002.000-012

Indiana Elkhart County Elkhart 46516 West Central

525 W Franklin St, Elkhart, IN

Homes for Sale in Elkhart, IN

This home is located at 525 W Franklin St, Elkhart, IN 46516 since 14 March 2023 and is currently estimated at $106,877, approximately $75 per square foot. This property was built in 1900. 525 W Franklin St is a home located in Elkhart County with nearby schools including Beardsley Elementary School, North Side Middle School, and Elkhart High School's Freshman Division.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.