NOT LISTED FOR SALE

56721 27th St Elkhart, IN 46516

Estimated Value: $143,000 - $240,000

4 Beds
3 Baths
1,884 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $160,000 $85 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,463/month

83 Days on Market

Highlights

  • Ranch Style House
  • Jimtown Intermediate School Rated A-
  • Forced Air Heating System

About This Home

As of December 2022

Wonderful opportunity to own a great income producing 3 unit property in Elkhart with just under $2000 in monthly rental income. The 3 units are made up by a duplex and a separate unit totaling 4 bedrooms and 3 full baths. Tucked away for privacy and sitting on just under a half an acre.

Last Agent to Sell the Property

Joseph Williams

The Home Source Group Listed on: 07/12/2022

Last Buyer's Agent

Jennea Schirr

McKinnies Realty, LLC Elkhart

McKinnies Realty, LLC Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1982

Lot Details

  • 0.43 Acre Lot
  • Irregular Lot

Home Design

  • 1,884 Sq Ft Home
  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Jimtown Elementary And Middle School
  • Jimtown High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 20-05-12-426-011.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1982
  • Age: 40
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: HASTINGS UNREC SEC 12 LOTS 8-11
  • Parcel Number ID: 20-05-12-426-011.000-001
  • Platted: Yes
  • Sp Lp Percent: 95.81
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1884
  • Total Finished Sq Ft: 1884
  • Above Grade Finished Sq Ft: 1884
  • Price Per Sq Ft: 84.93
  • Bedroom 1: Dimensions: 11x7, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Bedroom 4: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

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

Schools

  • School District: Baugo Community
  • Elementary School: Jimtown
  • Middle School: Jimtown
  • High School: Jimtown
  • Elementary School: Jimtown

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 18513
  • Estimated Lot Size Acres: 0.425
  • Lot Number: 8

Tax Info

  • Annual Taxes: 2116
  • Total Assessed Value: 78200

MLS Schools

  • High School: Jimtown
  • Middle School: Jimtown
  • School District: Baugo Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Dec 28, 2022
Sold by
Masonmyre Llc
Bought by
Lee Holdings Llc
Seller's Agent
Joseph Williams
The Home Source Group
Buyer's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
List Price
$172,000
Sold Price
$160,000
Premium/Discount to List
-$12,000
-6.98%
Views
147
Current Estimated Value
$192,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,076
Avg. Annual Appreciation
6.77%
Original Mortgage
$115,009
Outstanding Balance
$96,112
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$95,964

Purchase Details

Closed on
Sep 25, 2020
Sold by
Barber Matthew A
Bought by
Masonmyre Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2020
Sold by
Masonmyre Llc
Bought by
Barber Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2020
Sold by
Masonmyre Llc
Bought by
Barber Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2020
Sold by
Masonmyre Llc
Bought by
Barber Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2019
Sold by
Barber Matthew A
Bought by
Masonmyre Llc

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 22, 2019
Sold by
Barber Matthew A and Barber Jane E
Bought by
Masonmyre Llc
Seller's Agent
Nate Roll
Rock Auctioneers & Real Estate
Buyer's Agent
Nate Roll
Rock Auctioneers & Real Estate
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$86,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 7, 2018
Sold by
Elkhart Cattle & Land Llc
Bought by
Barber Matthew A and Barber Jane E
Seller's Agent
Nate Roll
Rock Auctioneers & Real Estate
Buyer's Agent
Nate Roll
Rock Auctioneers & Real Estate
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2018
Closed on
Nov 30, 2018
Sold by
Elkhart Cattle & Land Llc
Bought by
Barber Matthew A and Barber Jane E
Seller's Agent
Nate Roll
Rock Auctioneers & Real Estate
Buyer's Agent
Nate Roll
Rock Auctioneers & Real Estate
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Martin Matt
Bought by
Elkhart Cattle & Land

Purchase Details

Closed on
Jul 28, 2005
Sold by
Investment Capital Co Llc
Bought by
Martin Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2004
Sold by
Ricketts Alan D and Ricketts Shirley J
Bought by
Investment Capital Co Llc

Purchase Details

Closed on
Jul 6, 2001
Sold by
Kiel Fredrick J and Kiel Linda L
Bought by
Ricketts Alan D and Ricketts Shirley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
7.27%
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
Lee Holdings Llc -- Fidelity National Title
Masonmyre Llc -- None Listed On Document
Barber Matthew A $117,705 Metropolitan Title
Barber Matthew A -- Metropolitan Title
Barber Matthew A $117,705 Metropolitan Title
Masonmyre Llc $5,000 None Listed On Document
Masonmyre Llc $5,000 None Listed On Document
Barber Matthew A $114,712 New Title Company Name
Barber Matthew A $114,712 New Title Company Name
Elkhart Cattle & Land $40,001 Lawyers Title
Martin Matt -- Title Works Inc
Investment Capital Co Llc -- --
Ricketts Alan D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Holdings Llc $115,009
Previous Owner Barber Matthew A $88,500
Previous Owner Barber Matthew A $88,500
Previous Owner Barber Matthew A $88,500
Previous Owner Barber Matthew A $86,250
Previous Owner Barber Matthew A $86,250
Previous Owner Martin Matt $81,000
Previous Owner Ricketts Alan D $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $160,000 0.0% $85 / Sq Ft
12/19/2022 12/19/22 Sold $160,000 -4.2% $85 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
10/03/2022 10/03/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $167,000 0.0% $89 / Sq Ft
09/21/2022 09/21/22 Price Changed $167,000 -2.9% $89 / Sq Ft
08/10/2022 08/10/22 For Sale $172,000 0.0% $91 / Sq Ft
08/10/2022 08/10/22 Price Changed $172,000 0.0% $91 / Sq Ft
08/10/2022 08/10/22 For Sale $172,000 0.0% $91 / Sq Ft
08/10/2022 08/10/22 Price Changed $172,000 -2.8% $91 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
08/01/2022 08/01/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $177,000 0.0% $94 / Sq Ft
06/21/2022 06/21/22 For Sale $177,000 +53.9% $94 / Sq Ft
12/03/2018 12/03/18 Sold $115,000 0.0% $66 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $115,000 -- $66 / 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 $5,341 $161,100 $18,300 $142,800
2022 $2,777 $125,700 $18,300 $107,400
2021 $2,131 $111,800 $18,300 $93,500
2020 $1,489 $78,200 $18,300 $59,900
2019 $1,505 $78,200 $18,300 $59,900
2018 $1,555 $85,800 $18,300 $67,500
2017 $1,091 $53,800 $10,100 $43,700
2016 $1,047 $51,600 $10,300 $41,300
2014 $966 $48,300 $10,300 $38,000
2013 $934 $46,700 $10,300 $36,400
Source: Public Records

Agents Affiliated with this Home

  • Joseph Williams

    Seller's Agent in 2022

    Joseph Williams

    The Home Source Group

    (269) 479-6510

    146 Total Sales

    Joseph Williams
    Section Image
  • Jennea Schirr

    Buyer's Agent in 2022

    Jennea Schirr

    McKinnies Realty, LLC Elkhart

    (574) 215-9291

    448 Total Sales

    Jennea Schirr
    Section Image
  • Nate Roll

    Seller's Agent in 2018

    Nate Roll

    Rock Auctioneers & Real Estate

    (574) 215-3866

    62 Total Sales

    Nate Roll
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202229171

Indiana Regional MLS

APN: 20-05-12-426-011.000-001

Indiana Elkhart County Elkhart 46516

56721 27th St, Elkhart, IN

This home is located at 56721 27th St, Elkhart, IN 46516 since 12 July 2022 and is currently estimated at $192,076, approximately $101 per square foot. This property was built in 1982. 56721 27th St is a home located in Elkhart County with nearby schools including Jimtown Intermediate School, Jimtown Elementary School, and Jimtown Junior 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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