Seller's Agent in 2022
Joseph Williams
The Home Source Group
(269) 479-6510
146 Total Sales
56721 27th St Elkhart, IN 46516
4
Beds
3
Baths
1,884
Sq Ft
0.43
Acres
Highlights
- Forced Air Heating System
- Partially Carpeted
- 1-Story Property
- Jimtown Intermediate School Rated A-
- Level Lot
About This Home
As of December 2022Wonderful 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,116
Year Built
- Built in 1982
Lot Details
- 0.43 Acre Lot
- Level Lot
Parking
- Driveway
Home Design
- Triplex
- Slab Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,884 Sq Ft Home
- 1-Story Property
- Laminate Countertops
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Location
- Suburban Location
Schools
- Jimtown Elementary And Middle School
- Jimtown High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electric, fuel, trash collection
- The owner pays for building insurance, tax
- Assessor Parcel Number 20-05-12-426-011.000-001
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,300
- Maintenance Expense $1,000
- Water Sewer Expense $400
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
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $117,705 | Metropolitan Title | |
| Warranty Deed | -- | Metropolitan Title | |
| Warranty Deed | $117,705 | Metropolitan Title | |
| Quit Claim Deed | $5,000 | None Listed On Document | |
| Quit Claim Deed | $5,000 | None Listed On Document | |
| Warranty Deed | $114,712 | New Title Company Name | |
| Warranty Deed | $114,712 | New Title Company Name | |
| Sheriffs Deed | $40,001 | Lawyers Title | |
| Corporate Deed | -- | Title Works Inc | |
| Receivers Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $115,009 | New Conventional | |
| Previous Owner | $88,500 | New Conventional | |
| Previous Owner | $88,500 | New Conventional | |
| Previous Owner | $88,500 | New Conventional | |
| Previous Owner | $86,250 | New Conventional | |
| Previous Owner | $86,250 | New Conventional | |
| Previous Owner | $81,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $70,200 | No Value Available |
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
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
-
Jennea Schirr
Buyer's Agent in 2022
Jennea Schirr
McKinnies Realty, LLC Elkhart
(574) 215-9291
448 Total Sales
-
Nate Roll
Seller's Agent in 2018
Nate Roll
Rock Auctioneers & Real Estate
(574) 215-3866
62 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202225025
APN: 20-05-12-426-011.000-001
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