NOT LISTED FOR SALE

525 W Franklin St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $95,000 - $159,000

3 Beds
2 Baths
1,424 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 02, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $676/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 Agent to Sell the Property

Jaime Perez

Century 21 Circle Listed on: 03/14/2023

Century 21 Circle

Last Buyer's Agent

Dan Wiseman

RE/MAX 100

RE/MAX 100

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
  • Style: Two Story
  • 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
  • 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
  • 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

  • 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%
Views
343
Current Estimated Value
$123,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,594
Avg. Annual Appreciation
4.73%
Original Mortgage
$70,000
Outstanding Balance
$68,128
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$55,466
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
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

    3 in this area

    181 Total Sales

    Jaime Perez
    Section Image
  • Dan Wiseman

    Buyer's Agent in 2023

    Dan Wiseman

    RE/MAX

    (574) 971-7302

    1 in this area

    53 Total Sales

    Dan Wiseman
    Section Image
  • Micki Olson

    Seller's Agent in 2021

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    2 in this area

    146 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

    159 Total Sales

    Carmen Ramirez Montenegro
    Section Image
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Map

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

Not Listed for Sale

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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.

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