NOT LISTED FOR SALE

530 W Beardsley Ave Elkhart, IN 46514

Christiana Creek Neighborhood

Estimated Value: $164,000 - $208,000

4 Beds
3 Baths
2,012 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $155,000 $77 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,288/month

3 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet
  • Covered Patio or Porch

About This Home

As of September 2022

**Multiple Offers** Highest and best due by September 15th 5PM** Awesome opportunity to own a great income producing 3 unit property in Elkhart! Apt A is newly renovated and ready for a tenant of your choice with rent amount of your liking. Apt B is nicely maintained by the current occupant. Apt C was renovated in the past 2 years. New metal roof within the past 3 years. Tenants pay Gas. Owner pays Electric and Water. Value add with the option to increase rents at the end of the current lease terms. Professionally Managed. Schedule your showing today! *Agents please read private remarks*

Last Agent to Sell the Property

Natashia Bontrager

McKinnies Realty, LLC Listed on: 09/12/2022

McKinnies Realty, LLC

Last Buyer's Agent

Wilma Mcdougle

McKinnies Realty, LLC Elkhart

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1880

Lot Details

  • 6,768 Sq Ft Lot
  • Lot Dimensions are 47 x 144
  • Corner Lot

Home Design

  • Triplex
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for fuel
  • The owner pays for building insurance, electric, sewer, tax, water
  • Assessor Parcel Number 20-06-05-106-010.000-012

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,183
  • Insurance Expense $926
  • Water Sewer Expense $302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,191

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Age: 142
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: NORTH ELKHART W 47 FT LOT 130
  • Parcel Number ID: 20-06-05-106-010.000-012
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Cable Ready, Countertops-Laminate, Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 103.4
  • Monthly Gross Income: 1885
  • County Zoning: R-3 Multiple-Family Residential District
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2762
  • Total Finished Sq Ft: 2012
  • Above Grade Finished Sq Ft: 2012
  • Below Grade Sq Ft: 750
  • Price Per Sq Ft: 77.04
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 750
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Annual Electric: 2183.18
  • Annual Insurance Expense: 926
  • Annual Water Sewer Expense: 302.22
  • Number Electric Meters: 1
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 47 X 144
  • Estimated Lot Sq Ft: 6768
  • Estimated Lot Size Acres: 0.1553

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Sewer, Tax, Water
  • Tenant Pays: Fuel

Multi Family

  • Gross Monthly Rent: 1885
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1190.98

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
Sep 12, 2022
Closed on
Sep 26, 2022
Sold by
R & R Properties
Bought by
Beardsley 530 Llc
Seller's Agent
Natashia Bontrager
McKinnies Realty, LLC
Buyer's Agent
Wilma Mcdougle
McKinnies Realty, LLC Elkhart
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%
Views
23
Current Estimated Value
$189,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,568
Avg. Annual Appreciation
7.37%

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 15, 2019
Sold by
Brouillette Richard L
Bought by
R & R Properties
Seller's Agent
Molly Miller
SUNRISE Realty
Buyer's Agent
Rese Dempsey
Brick Built Real Estate
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%
Original Mortgage
$68,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 10, 2019
Sold by
Brouillette Richard L and Brouillette Paulette
Bought by
R & R Properties
Seller's Agent
Molly Miller
SUNRISE Realty
Buyer's Agent
Rese Dempsey
Brick Built Real Estate
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2005
Sold by
Kay Street Llc
Bought by
Brouillette Richard L and Brouillette Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2005
Sold by
Ransel J Richard
Bought by
Kay Street Llc
Source: Public Records

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
Beardsley 530 Llc -- --
R & R Properties -- None Listed On Document
R & R Properties -- Mtc
Brouillette Richard L -- Meridian Title Corp
Kay Street Llc $60,000 Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R & R Properties $68,000
Previous Owner Brouillette Richard L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $155,000 +3.4% $77 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $149,900 +76.4% $75 / Sq Ft
07/10/2019 07/10/19 Sold $85,000 -14.9% $42 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $99,900 -- $50 / 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 $3,064 $159,700 $18,100 $141,600
2022 $3,064 $54,900 $18,100 $36,800
2021 $1,134 $54,900 $18,100 $36,800
2020 $1,207 $54,900 $18,100 $36,800
2019 $911 $41,400 $4,600 $36,800
2018 $1,028 $46,500 $4,600 $41,900
2017 $1,030 $46,500 $4,600 $41,900
2016 $1,027 $46,500 $4,600 $41,900
2014 $978 $45,700 $4,600 $41,100
2013 $1,156 $57,600 $18,100 $39,500
Source: Public Records

Agents Affiliated with this Home

  • Natashia Bontrager

    Seller's Agent in 2022

    Natashia Bontrager

    McKinnies Realty, LLC

    (574) 202-2752

    1 in this area

    140 Total Sales

    Section Image
  • Wilma Mcdougle

    Buyer's Agent in 2022

    Wilma Mcdougle

    McKinnies Realty, LLC Elkhart

    (574) 612-3252

    3 in this area

    161 Total Sales

    Section Image
  • Molly Miller

    Seller's Agent in 2019

    Molly Miller

    SUNRISE Realty

    (574) 322-9166

    22 Total Sales

    Section Image
  • Rese Dempsey

    Buyer's Agent in 2019

    Rese Dempsey

    Brick Built Real Estate

    (574) 361-7949

    16 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202238042

Indiana Regional MLS

APN: 20-06-05-106-010.000-012

Indiana Elkhart County Elkhart 46514 Christiana Creek

530 W Beardsley Ave, Elkhart, IN

This home is located at 530 W Beardsley Ave, Elkhart, IN 46514 since 12 September 2022 and is currently estimated at $189,568, approximately $94 per square foot. This property was built in 1880. 530 W Beardsley Ave is a home located in Elkhart County with nearby schools including Beardsley Elementary School, North Side Middle School, and Elkhart High School.

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.

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