NOT LISTED FOR SALE

54788 State Road 13 Middlebury, IN 46540

Estimated Value: $204,479 - $241,000

3 Beds
3 Baths
1,844 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $175,000 $95 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,554/month

20 Days on Market

Highlights

  • Solid Surface Countertops
  • Forced Air Heating and Cooling System
  • Carpet
  • Shed

About This Home

As of March 2023

This home is located at 54788 State Road 13, Middlebury, IN 46540 since 17 February 2023 and is currently estimated at $224,120, approximately $121 per square foot. This property was built in 1946. 54788 State Road 13 is a home located in Elkhart County with nearby schools including Heritage Intermediate School, York Elementary School, and Northridge Middle School.

Last Agent to Sell the Property

ECBOR NonMember

NonMember ELK Listed on: 02/17/2023

Last Buyer's Agent

Gregory Hire

Hallmark Excellence Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1946

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 118 x 119 x 117 x 159
  • Irregular Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Block Basement Construction
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • York Elementary School
  • Northridge Middle School
  • Northridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, maintenance, snow removal
  • The owner pays for maintenance
  • Assessor Parcel Number 20-04-35-379-001.000-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,500
  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,423

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1946
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: IN S1/2 SW1/4 E OF ST RD 13 122.5FT ON HGY SEC 35 .50A (TIF 88)
  • Parcel Number ID: 20-04-35-379-001.000-032
  • Platted: Yes
  • Amenities: Countertops-Solid Surf
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2466
  • Total Finished Sq Ft: 1844
  • Above Grade Finished Sq Ft: 1844
  • Below Grade Sq Ft: 622
  • Price Per Sq Ft: 94.9
  • Basement: Yes
  • Basement Foundation: Slab, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 622
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5
  • Outbuilding: Garden Shed
  • Outbuilding Sq Ft: 120

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Middlebury Community Schools
  • Elementary School: York
  • Middle School: Northridge
  • High School: Northridge
  • Elementary School: York

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 118 x 119 x 117 x 159
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Rental Info

  • Lease Term: Renewal Options
  • Owner Pays: Maintenance
  • Tenant Pays: Cooling, Electric, Fuel, Maintenance, Snow Removal

Tax Info

  • Total Assessed Value: 157800
  • Annual Property Tax: 2422.72

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Northridge
  • Middle School: Northridge
  • School District: Middlebury Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 31, 2023
Sold by
Wood John S
Bought by
Beachy Loren and Beachy Regina
Seller's Agent
ECBOR NonMember
NonMember ELK
Buyer's Agent
Gregory Hire
Hallmark Excellence Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$241,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,800
Avg. Annual Appreciation
13.61%
Original Mortgage
$141,636
Outstanding Balance
$130,470
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$106,305
Source: Public Records

Range of Values:

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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
Beachy Loren $175,000 Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachy Loren $141,636
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $175,000 0.0% $95 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $175,000 -- $95 / 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 $2,759 $144,500 -- $144,500
2022 $2,759 $157,800 $0 $157,800
2021 $2,438 $137,200 $20,200 $117,000
2020 $2,242 $125,500 $20,200 $105,300
2019 $1,930 $110,300 $20,200 $90,100
2018 $1,841 $104,400 $20,200 $84,200
2017 $1,911 $105,200 $20,200 $85,000
2016 $1,710 $100,500 $20,200 $80,300
2014 $1,650 $94,000 $20,200 $73,800
2013 $1,835 $94,000 $20,200 $73,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    ECBOR NonMember

    NonMember ELK

  • Gregory Hire

    Buyer's Agent in 2023

    Gregory Hire

    Hallmark Excellence Realty

    (574) 238-7157

    56 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202311834

Indiana Regional MLS

APN: 20-04-35-379-001.000-032

Indiana Elkhart County Middlebury 46540

54788 State Road 13, Middlebury, IN

This home is located at 54788 State Road 13, Middlebury, IN 46540 since 17 February 2023 and is currently estimated at $224,120, approximately $121 per square foot. This property was built in 1946. 54788 State Road 13 is a home located in Elkhart County with nearby schools including Heritage Intermediate School, York Elementary School, and Northridge Middle 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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