NOT LISTED FOR SALE

601 W Franklin St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $102,000 - $140,000

4 Beds
1 Bath
3,717 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $45,500 $12 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $834/month

30 Days on Market

About This Home

As of August 2013

Good income opportunity, all units occupied, renters are month to month lease. This property has had Lead Base Paint Remediation.

Last Listed By

Martin Moeller

Realty Group Resources Listed on: 07/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 41x87

Home Design

  • Wood Siding

Interior Spaces

  • 3,717 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 06-05-386-011-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$921

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Style: Two Story
  • Legal Description: Math EV & SCLS E 1/2 EX S 78 Ft Lot 400 |
  • Parcel Number ID: 06-05-386-011-012
  • Platted: Yes
  • Sp Lp Percent: 91.18
  • Monthly Gross Income: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Sq Ft: 3717
  • Basement Foundation: Michigan Basement, Partially Finished

Exterior Features

  • Exterior: Wood

Utilities

  • Heating Fuel: Gas, Forced Air

Lot Info

  • Lot Dimensions: 41X87

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Annual Property Tax: 920.98

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Steury Rob
Bought by
Rr4 Llc
Total Days on Market
30
Current Estimated Value
$127,118

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 17, 2013
Sold by
Unique Management Llc
Bought by
Steury Rob
Seller's Agent
Martin Moeller
Realty Group Resources
Buyer's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
List Price
$54,900
Sold Price
$45,500
Premium/Discount to List
-$9,400
-17.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Unique Investment Group Llc
Bought by
Unique Management Llc

Purchase Details

Closed on
Dec 28, 2011
Sold by
Kasar Investments Llc
Bought by
Unique Investment Group Llc

Purchase Details

Closed on
Feb 5, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Kasar Investments Llc

Purchase Details

Closed on
Nov 25, 2009
Sold by
Roberson Thomas G
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 15, 2006
Sold by
Guzzo Frank M and Guzzo Cynthia H
Bought by
Roberson Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,165
Interest Rate
6.22%
Mortgage Type
Unknown

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
Rr4 Llc -- None Available
Steury Rob -- Lawyers Title
Unique Management Llc -- None Available
Unique Investment Group Llc -- Lawyers Title
Kasar Investments Llc -- Prism Title & Closing Servic
Deutsche Bank National Trust Company $5,950 None Available
Roberson Thomas G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberson Thomas G $89,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold $45,500 -17.1% $12 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $54,900 -- $15 / 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 $1,556 $80,600 $9,800 $70,800
2022 $1,556 $77,200 $9,800 $67,400
2021 $1,564 $76,400 $9,800 $66,600
2020 $1,488 $68,200 $9,800 $58,400
2019 $1,340 $61,600 $9,800 $51,800
2018 $1,355 $61,900 $9,800 $52,100
2017 $1,261 $57,400 $9,800 $47,600
2016 $1,225 $55,900 $9,800 $46,100
2014 $1,121 $52,600 $9,800 $42,800
2013 $906 $45,300 $9,800 $35,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Martin Moeller

    Realty Group Resources

  • Craig Culver

    Buyer's Agent in 2013

    Craig Culver

    Berkshire Hathaway HomeServices Elkhart

    (574) 651-5341

    116 Total Sales

    Craig Culver
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Map

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Source: Indiana Regional MLS

MLS Number: 675634

Indiana Regional MLS

APN: 20-06-05-386-011.000-012

Indiana Elkhart County Elkhart 46516 West Central

601 W Franklin St, Elkhart, IN

Homes for Sale in Elkhart, IN

This home is located at 601 W Franklin St, Elkhart, IN 46516 since 10 July 2013 and is currently estimated at $127,118, approximately $34 per square foot. This property was built in 1900. 601 W Franklin St is a home located in Elkhart County with nearby schools including Beardsley Elementary School, North Side Middle School, and Elkhart High School's Freshman Division.

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.