NOT LISTED FOR SALE

57823 Frances Ave Elkhart, IN 46517

Estimated Value: $213,000 - $238,000

4 Beds
2 Baths
1,581 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $205,000 $130 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,386/month

8 Days on Market

Highlights

  • Eat-In Kitchen
  • Shed
  • 1-Story Property
  • Laundry in Utility Room
  • Central Air

About This Home

As of June 2024

Multiple offers asking for H&B by 12:00 noon 5/12/24. Charming brick duplex with 2 bedrooms in each unit (Both units are currently rented through December - 2024) ... This property has been well maintained with each unit having its own basement with laundry area (One unit comes with a washer and dryer - nice feature to offer potential renters). Also each unit has its own shed for added storage for those fun summer toys! Plenty of parking space for guests. A must see. Schedule your private showing today! Long term tenants.

Last Agent to Sell the Property

Jennea Schirr

McKinnies Realty, LLC Elkhart Brokerage Email: McKinniesRealty@gmail.com Listed on: 05/07/2024

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Travis Bontrager

Bontrager Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 103x135

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Outdoor Features

  • Shed

Schools

  • Concord West Side Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 20-06-16-352-009.000-009

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,267
  • Maintenance Expense $1,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,371

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Age: 53
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: KLUTHS SD LOT 4
  • Parcel Number ID: 20-06-16-352-009.000-009
  • Platted: Yes
  • Amenities: Basement, Eat-In Kitchen, Washer Hook-Up
  • Sp Lp Percent: 102.55
  • Monthly Gross Income: 1700
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 3162
  • Total Finished Sq Ft: 1581
  • Above Grade Finished Sq Ft: 1581
  • Below Grade Sq Ft: 1581
  • Price Per Sq Ft: 129.66
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1581
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 64

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Insurance Expense: 1267
  • Annual Maintenance Expense: 1920
  • Number Of W D Hookups: 2

Schools

  • School District: Concord Community Schools
  • Elementary School: Concord West Side
  • Middle School: Concord
  • High School: Concord
  • Elementary School: Concord West Side

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 103X135
  • Estimated Lot Sq Ft: 13896
  • Estimated Lot Size Acres: 0.32
  • Lot Number: 4

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1700
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2371.22

MLS Schools

  • High School: Concord
  • Middle School: Concord
  • School District: Concord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 5, 2024
Sold by
King Kay E
Bought by
Frey Elvie J and Frey Sonya L
Seller's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Travis Bontrager
Bontrager Realty, LLC
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
50
Current Estimated Value
$223,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,272
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Dec 19, 2022
Sold by
Garman Vernon L
Bought by
Garman Vernon L and King Kay E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frey Elvie J $205,000 Fidelity National Title Compan
Garman Vernon L -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $205,000 +2.6% $130 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $199,900 -- $126 / 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 $2,371 $136,800 $16,800 $120,000
2022 $2,371 $108,500 $16,800 $91,700
2021 $2,171 $107,600 $16,800 $90,800
2020 $2,434 $107,600 $16,800 $90,800
2019 $1,886 $88,600 $8,600 $80,000
2018 $1,608 $78,100 $8,600 $69,500
2017 $1,502 $78,100 $8,600 $69,500
2016 $1,471 $74,600 $8,600 $66,000
2014 $1,740 $73,600 $8,600 $65,000
2013 $1,568 $78,400 $13,400 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202416009

Indiana Regional MLS

APN: 20-06-16-352-009.000-009