54270 Silver St Elkhart, IN 46514
2
Beds
1
Bath
943
Sq Ft
8,276
Sq Ft Lot
Highlights
- Ranch Style House
- Forced Air Heating System
- Carpet
- 1 Car Attached Garage
About This Home
As of March 2025Investor Alert! Check out this low cost 2 bedroom home with a ton of potential for the right buyer. House needs a little clean-up/rehab, but could be a great rental, home to flip, or fix it up and live in it! Nice floor plan with large kitchen, dining room, and living room. Much desired one car attached garage. Seller will only consider cash, AS-IS offers ready to close quickly. Buyer/buyer's agent to verify room dimensions, SF, zoning, & schools. Mark your calendars! The seller will review the highest and best offers after 5 PM on Tuesday, March 11th. Don’t miss out on this fantastic opportunity to invest in a property with so much potential.
Last Agent to Sell the Property
Heart City Realty LLC Brokerage Phone: 574-596-0376 Listed on: 02/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $57
Year Built
- Built in 1946
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 65x121
- Rural Setting
- Property is zoned R-1 One Family Dwelling District
Parking
- 1 Car Attached Garage
Home Design
- 943 Sq Ft Home
- Ranch Style House
- Slab Foundation
- Shingle Roof
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Osolo Elementary School
- North Side Middle School
- Elkhart High School
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Forced Air Heating System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Community Details
- Spring Brook / Springbrook Subdivision
Listing and Financial Details
- Assessor Parcel Number 20-02-32-176-001.000-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2025
Closed on
Mar 19, 2025
Sold by
Hoosier Trusted Home Buyers Llc
Bought by
Superior Real Estate Investments Llc
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Natashia Bontrager
McKinnies Realty, LLC
List Price
$79,900
Sold Price
$81,125
Premium/Discount to List
$1,225
1.53%
Total Days on Market
11
Views
64
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.98%
Original Mortgage
$101,500
Outstanding Balance
$93,307
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
-$5,066
Purchase Details
Listed on
Feb 28, 2025
Closed on
Feb 19, 2025
Sold by
Drumm Glenn
Bought by
Hoosier Truste
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Natashia Bontrager
McKinnies Realty, LLC
List Price
$79,900
Sold Price
$81,125
Premium/Discount to List
$1,225
1.53%
Views
64
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Outstanding Balance
$93,307
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
-$5,066
Similar Homes in Elkhart, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title Compan | |
| Warranty Deed | -- | Fidelity National Title Compan |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $81,125 | +1.5% | $86 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $79,900 | -- | $85 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $57 | $86,200 | $10,500 | $75,700 |
| 2022 | $57 | $74,800 | $10,500 | $64,300 |
| 2021 | $54 | $67,100 | $10,500 | $56,600 |
| 2020 | $54 | $62,200 | $10,500 | $51,700 |
| 2019 | $53 | $58,600 | $10,500 | $48,100 |
| 2018 | $54 | $56,000 | $10,500 | $45,500 |
| 2017 | $54 | $52,800 | $10,500 | $42,300 |
| 2016 | $56 | $53,700 | $10,500 | $43,200 |
| 2014 | $13 | $48,500 | $10,500 | $38,000 |
| 2013 | $14 | $48,500 | $10,500 | $38,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Beer
Seller's Agent in 2025
Brad Beer
Heart City Realty LLC
(574) 875-5149
301 Total Sales
-
Natashia Bontrager
Buyer's Agent in 2025
Natashia Bontrager
McKinnies Realty, LLC
(574) 202-2752
131 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202506334
APN: 20-02-32-176-001.000-026
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