NOT LISTED FOR SALE

670 Strong Ave Elkhart, IN 46514

Riverside Neighborhood

Estimated Value: $199,041 - $237,000

38 Beds
19 Baths
11,852 Sq Ft
$19/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,250,000 $105 Per Sq Ft

Current estimated payment $1,452/month

69 Days on Market

Highlights

  • 0.67 Acre Lot
  • Hot Water Heating System
  • Carpet
  • Ceiling Fan
  • Level Lot

About This Home

As of May 2022

Four, 4 unit multi family houses, and one 3 unit multi family house in popular Strong Avenue area.

Last Agent to Sell the Property

ECBOR NonMember

NonMember ELK Listed on: 12/02/2021

Last Buyer's Agent

Heidi Gaskill

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,548

Year Built

  • Built in 1926

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 221 x 151
  • Level Lot

Parking

  • 20 Parking Spaces

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 38 Bedrooms
  • 19 Full Bathrooms

Schools

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

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 20-06-06-440-004.000-012

Community Details

Overview

  • 19 Units

Building Details

  • Electric Expense $7,500
  • Fuel Expense $4,435
  • Insurance Expense $4,000
  • Maintenance Expense $5,000
  • Water Sewer Expense $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,548

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1926
  • Style: Two Story
  • Bedrooms: 38
  • Number Above Grade Bedrooms: 38
  • Total Bathrooms: 19
  • Total Full Bathrooms: 19
  • Legal Description: SS STRONGS RIVERSIDE ADD S 68 FT LOT 97 AND SUB OF A PT OF JOHNSONS RIVERSIDE W 16FT LOT 270 LOT 271JOHNSONS S D W 16FT LOT 270; LOT 271 AND SUB OF A PT OF JOHNSONS RIVERSIDE EX 13FT E SIDE LOT 269 E 19FT LOT 270 AND SUB OF A PT OF JOHNSONS RIVERSIDE LOT 268 E 13FT LOT 269 AND SUB OF A PT OF JOHNSONS RIVERSIDE LOT 267
  • Parcel Number ID: 20-06-06-440-004.000-012
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan
  • Sp Lp Percent: 100
  • Monthly Gross Income: 13515
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 17429
  • Total Finished Sq Ft: 11852
  • Above Grade Finished Sq Ft: 11852
  • Below Grade Sq Ft: 5577
  • Price Per Sq Ft: 105.47
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 5577
  • Number Of Ranges Ovens: 19
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 7500
  • Annual Fuel Expense: 4435
  • Annual Insurance Expense: 4000
  • Annual Maintenance Expense: 5000
  • Annual Water Sewer Expense: 1600

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 221 x 151
  • Estimated Lot Sq Ft: 29185
  • Estimated Lot Size Acres: 0.67

Rental Info

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 13515
  • Number Of Refrigerators: 19
  • Number Of Units: 19
  • Num Of2 Bedrooms: 19
  • Num Of Units Rented: 19

Tax Info

  • Annual Property Tax: 7548

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Roundstone Financial Llc
Bought by
Gilbert Housing Initiative Llc
Current Estimated Value
$221,510

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jun 14, 2022
Sold by
Anthony Wydajewski
Bought by
Roundstone Financial Llc
Seller's Agent
ECBOR NonMember
NonMember ELK
Buyer's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-44.10%
Original Mortgage
$2,598,865
Interest Rate
4.72%
Mortgage Type
New Conventional
Source: Public Records

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
Gilbert Housing Initiative Llc -- Fidelity National Title Compan
Gilbert Housing Initiative Llc $2,425,000 Fidelity National Title Compan
Roundstone Financial Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roundstone Financial Llc $2,598,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $1,250,000 0.0% $105 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $1,250,000 -- $105 / 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 $2,812 $144,400 $13,000 $131,400
2022 $2,766 $90,300 $13,000 $77,300
2021 $1,716 $83,900 $13,000 $70,900
2020 $1,447 $117,100 $13,000 $104,100
2019 $1,385 $103,000 $13,000 $90,000
2018 $1,290 $58,900 $3,500 $55,400
2017 $1,293 $58,900 $3,500 $55,400
2016 $1,290 $58,900 $3,500 $55,400
2014 $1,256 $58,900 $3,500 $55,400
2013 $1,500 $75,000 $13,000 $62,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    ECBOR NonMember

    NonMember ELK

  • Heidi Gaskill

    Buyer's Agent in 2022

    Heidi Gaskill

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-7478

    4 in this area

    232 Total Sales

    Heidi Gaskill
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Map

Source: Indiana Regional MLS

MLS Number: 202218426

Indiana Regional MLS

APN: 20-06-05-303-011.000-012

Indiana Elkhart County Elkhart 46514 Riverside

670 Strong Ave, Elkhart, IN

This home is located at 670 Strong Ave, Elkhart, IN 46514 since 02 December 2021 and is currently estimated at $221,510, approximately $18 per square foot. This property was built in 1926. 670 Strong Ave 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.

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