NOT LISTED FOR SALE

531 W Washington St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $80,000 - $111,987

3 Beds
1 Bath
812 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $95,000 $117 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $570/month

1 Day on Market

Highlights

  • 119 Feet of Waterfront
  • Fireplace in Basement
  • Forced Air Heating System
  • 1 Car Detached Garage
  • 1-Story Property
  • 3-minute walk to Langle Park

About This Home

As of September 2023

This absolutely adorable home is ready to move-in! Your opportunity to own property on the river at an affordable price, awaits. 3 bedroom 1 bath with detached garage and basement is situated on St Joe River with so much to offer. Whether you are sitting in the living room or standing in the kitchen you will be at home enjoying the amazing views. The brand new wooden fence provides privacy, while you enjoy a beautiful evening by the water. The basement is ready for you to put your finishing touches on it with so much potential.

Last Agent to Sell the Property

Bridgette Parker

Coldwell Banker Real Estate Group Brokerage Phone: 574-238-4327 Listed on: 07/01/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Michelle Bordeau

SUNRISE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $493

Year Built

  • Built in 1925

Lot Details

  • 7,362 Sq Ft Lot
  • Lot Dimensions are 115x64
  • 119 Feet of Waterfront
  • River Front

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • The river is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-161-001.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$493

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1925
  • Age: 98
  • Style: One Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Dunb N1/2 Lot 35
  • Parcel Number ID: 20-06-05-161-001.000-012
  • Platted: Yes
  • Sp Lp Percent: 95
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1624
  • Total Finished Sq Ft: 812
  • Above Grade Finished Sq Ft: 812
  • Below Grade Sq Ft: 812
  • Price Per Sq Ft: 117
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Basement
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 812

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Water Frontage: 119
  • Water Name: Saint Joseph River

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x16
  • Garage Sq Ft: 320
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: River

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 115X64
  • Estimated Lot Sq Ft: 7362
  • Estimated Lot Size Acres: 0.169

Tax Info

  • Annual Taxes: 492.58

Multi Family

  • Water Access: Riverfront

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
Jul 1, 2023
Closed on
Sep 7, 2023
Sold by
Denlinger Rachel
Bought by
Arshay Llc
Seller's Agent
Bridgette Parker
Coldwell Banker Real Estate Group
Buyer's Agent
Michelle Bordeau
SUNRISE Realty
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Views
69
Current Estimated Value
$99,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,247
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Jul 1, 2023
Closed on
Sep 1, 2023
Sold by
Denlinger Rachel
Bought by
Arshay Llc
Seller's Agent
Bridgette Parker
Coldwell Banker Real Estate Group
Buyer's Agent
Michelle Bordeau
SUNRISE Realty
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Views
69

Purchase Details

Listed on
Aug 2, 2017
Closed on
Apr 25, 2018
Sold by
Michael Donnelly
Bought by
Denlinger Rachel
Buyer's Agent
Janelle Clements
Berkshire Hathaway HomeServices Elkhart
List Price
$54,000
Sold Price
$48,000
Premium/Discount to List
-$6,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Original Mortgage
$46,560
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2017
Closed on
Apr 20, 2018
Sold by
Michael Donnelly
Bought by
Denlinger Rachel
Buyer's Agent
Janelle Clements
Berkshire Hathaway HomeServices Elkhart
List Price
$54,000
Sold Price
$48,000
Premium/Discount to List
-$6,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,560
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Interra Credit Union
Bought by
Donnelly Michael

Purchase Details

Closed on
Oct 27, 2010
Sold by
Estate Of Lyle Penner and Penner Douglas
Bought by
Interra Credit Union

Purchase Details

Closed on
Dec 29, 2005
Sold by
Looney Fairy Goldie
Bought by
Penner Lyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2004
Sold by
Looney Fairy Goldie
Bought by
Looney Fairy Goldie
Source: Public Records

Range of Values:

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Average Value
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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
Arshay Llc $95,000 None Listed On Document
Arshay Llc -- None Listed On Document
Denlinger Rachel $61,924 Fidelity National Title
Denlinger Rachel $61,924 Fidelity National Title
Donnelly Michael -- Elko Title Corp
Interra Credit Union $32,355 None Available
Penner Lyle -- Stewart Title Elkhart Cnty I
Looney Fairy Goldie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denlinger Rachel $46,560
Previous Owner Denlinger Rachel $46,560
Previous Owner Penner Lyle $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $95,000 -5.0% $117 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $100,000 +108.3% $123 / Sq Ft
04/20/2018 04/20/18 Sold $48,000 -11.1% $59 / Sq Ft
08/02/2017 08/02/17 For Sale $54,000 -- $67 / 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 $532 $72,000 $16,400 $55,600
2022 $454 $69,400 $16,400 $53,000
2021 $508 $68,600 $16,400 $52,200
2020 $469 $62,100 $16,400 $45,700
2019 $423 $56,800 $16,400 $40,400
2018 $542 $57,300 $16,400 $40,900
2017 $1,187 $54,000 $16,400 $37,600
2016 $1,158 $52,800 $16,400 $36,400
2014 $1,068 $50,100 $16,400 $33,700
2013 $1,048 $52,400 $16,400 $36,000
Source: Public Records

Agents Affiliated with this Home

  • Bridgette Parker

    Seller's Agent in 2023

    Bridgette Parker

    Coldwell Banker Real Estate Group

    (574) 238-4327

    1 in this area

    23 Total Sales

    Bridgette Parker
    Section Image
  • Michelle Bordeau

    Buyer's Agent in 2023

    Michelle Bordeau

    SUNRISE Realty

    (574) 339-8199

    1 in this area

    60 Total Sales

    Michelle Bordeau
    Section Image

  • J

    Buyer's Agent in 2018

    Janelle Clements

    Berkshire Hathaway HomeServices Elkhart

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202322831

Indiana Regional MLS

APN: 20-06-05-161-001.000-012

Indiana Elkhart County Elkhart 46514 Sherman

531 W Washington St, Elkhart, IN

This home is located at 531 W Washington St, Elkhart, IN 46516 since 01 July 2023 and is currently estimated at $99,247, approximately $122 per square foot. This property was built in 1925. 531 W Washington 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.

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