NOT LISTED FOR SALE

615 W Marion St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $71,000 - $127,537

5 Beds
1 Bath
2,076 Sq Ft
$47/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $32,000 $15 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $731/month

Highlights

  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2018

Pending at print. Electric and gas have been split. Sold as part of a 5 building package.

Last Listed By

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 07/01/2018

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1900

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Dimensions are 40x165

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Basement
  • Michigan Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Elkhart Memorial High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for water
  • Assessor Parcel Number 20-06-08-126-019.000-012

Community Details

Overview

  • 2 Units
  • Concord Valley Subdivision

Building Details

  • Fuel Expense $1,421
  • Insurance Expense $1,000
  • Maintenance Expense $1,470
  • Water Sewer Expense $753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$758

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: J R Math 40FT W Sid Lot 432 |
  • Parcel Number ID: 20-06-08-126-019.000-012
  • Platted: Yes
  • Amenities: Fireplace
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 330
  • Monthly Gross Income: 1456
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 2576
  • Total Finished Sq Ft: 2076
  • Above Grade Finished Sq Ft: 1314
  • Below Grade Finished Sq Ft: 762
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 24.35
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1262
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 9

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1421
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1470
  • Annual Water Sewer Expense: 753
  • Number Of W D Hookups: 1

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Daly
  • Middle School: West Side
  • High School: Elkhart Memorial
  • Elementary School: Mary Daly

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40x165
  • Estimated Lot Sq Ft: 6599
  • Estimated Lot Size Acres: 0.1515
  • Lot Number: 432

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 34900
  • Annual Property Tax: 758

Multi Family

  • Gross Monthly Rent: 1456
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Elkhart Memorial
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Freedom River Three Llc
Bought by
Myle Properties Llc
Total Days on Market
0
Current Estimated Value
$97,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,625
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 20, 2018
Sold by
Barna Richard I
Bought by
Freedom River Three Llc
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$30,000
Sold Price
$32,000
Premium/Discount to List
$2,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%
Original Mortgage
$139,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 18, 2018
Sold by
401 Investment Llc
Bought by
Barna Richard I
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$30,000
Sold Price
$32,000
Premium/Discount to List
$2,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 5, 2018
Sold by
Barna Richard I
Bought by
Freedom River Three Llc
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$30,000
Sold Price
$32,000
Premium/Discount to List
$2,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 21, 2018
Sold by
401 Investment Llc
Bought by
Barna Richard I
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$30,000
Sold Price
$32,000
Premium/Discount to List
$2,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2018
Sold by
1 Elkhart Ivnestments Llc
Bought by
615 Investments Llc

Purchase Details

Closed on
Aug 24, 2015
Sold by
615 W Marion St Land Trust
Bought by
1 Elkhart Investments Llc

Purchase Details

Closed on
Jul 18, 2013
Sold by
Jones Glendon N and Jones Shirley A
Bought by
615 W Marion St Land Trust

Range of Values:

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Average Value
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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
Myle Properties Llc $75,000 Fidelity National Title Compan
Freedom River Three Llc -- Fidelity National Title
Barna Richard I $184,870 Fidelity National Title
Freedom River Three Llc -- Fidelity National Title
Barna Richard I $184,870 Fidelity National Title
615 Investments Llc -- Fidelity Natl Title Co Llc
1 Elkhart Investments Llc -- None Available
615 W Marion St Land Trust -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myle Properties Llc $81,250
Closed Myle Properties Llc $78,625
Previous Owner Barna Richard I $139,000
Previous Owner Barna Richard I $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $32,000 +6.7% $15 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $30,000 -- $14 / 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 $2,266 $57,200 $7,800 $49,400
2022 $1,110 $49,900 $7,800 $42,100
2021 $1,080 $52,500 $7,800 $44,700
2020 $1,064 $48,600 $7,800 $40,800
2019 $976 $0 $0 $0
2018 $771 $34,900 $3,900 $31,000
2017 $773 $34,900 $3,900 $31,000
2016 $771 $34,900 $3,900 $31,000
2014 $731 $34,300 $3,900 $30,400
2013 $762 $38,100 $12,200 $25,900
Source: Public Records

Agents Affiliated with this Home

  • Joshua Schirr

    Seller's Agent in 2018

    Joshua Schirr

    McKinnies Realty, LLC Elkhart

    (574) 534-4415

    1 in this area

    102 Total Sales

    Joshua Schirr
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Source: Indiana Regional MLS

MLS Number: 201829430

Indiana Regional MLS

APN: 20-06-08-126-019.000-012

Indiana Elkhart County Elkhart 46516 West Central

615 W Marion St, Elkhart, IN

Homes for Sale in Elkhart, IN

This home is located at 615 W Marion St, Elkhart, IN 46516 since 01 July 2018 and is currently estimated at $97,884, approximately $47 per square foot. This property was built in 1900. 615 W Marion St is a home located in Elkhart County with nearby schools including Mary Daly Elementary School, West Side Middle School, and Elkhart 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.