NOT LISTED FOR SALE

671 W Lexington Ave Elkhart, IN 46514

Estimated Value: $132,000 - $175,000

4 Beds
2 Baths
2,180 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $95,000 $44 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,065/month

36 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • Laundry in Utility Room

About This Home

As of August 2021

Great investment property with long term tenants that want to stay! Two newer furnaces, two newer water heaters, updated kitchens and appliances, vinyl replacement windows, new siding, newer front porch, and the roof is 10 years old. Tenants pay gas and electric and landlord pays water and sewer. Come take a look today!

Last Agent to Sell the Property

Heidi Gaskill

Berkshire Hathaway HomeServices Elkhart Listed on: 06/08/2021

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Natashia Bontrager

McKinnies Realty, LLC

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1902

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 125
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement
  • Michigan Basement
  • Laminate Countertops
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 20-06-05-352-006.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1902
  • Age: 119
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: JOHNSON RIVERSIDE LOT 141
  • Parcel Number ID: 20-06-05-352-006.000-012
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate
  • Sp Lp Percent: 95.1
  • Monthly Gross Income: 1250
  • Special Features: None

Interior Features

  • Total Sq Ft: 2180
  • Total Finished Sq Ft: 2180
  • Above Grade Finished Sq Ft: 2180
  • Price Per Sq Ft: 43.58
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Laminate
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 540
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33 x 125
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1250
  • 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: 918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Aug 9, 2021
Sold by
Casey Thomas J
Bought by
Propt Real Estate Llc
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Natashia Bontrager
McKinnies Realty, LLC
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Total Days on Market
36
Current Estimated Value
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,000
Avg. Annual Appreciation
16.05%
Source: Public Records

Similar Homes in Elkhart, IN

  • 1220 Harrison St, Elkhart, IN 46516

    $124,900

    • 2 Beds
    • 2 Baths
    • 1,306 Sq Ft
    • 1220 Harrison St
    • Elkhart, IN

    Updated duplex with lots to offer, new windows, new roof, new siding, flooring —makes an ideal double income rental property or perhaps you want to live in one & rent out the other, it can easily be converted to a single family also, (3 bedrooms 2 baths) no matter how you divide it up, this is a great opportunity to live, develop, or grow your investment portfolio! Located not far from downtown.

    Alex Lino Cressy & Everett- Elkhart

    Section Image
  • 301 W Jackson Blvd, Elkhart, IN 46516

    $179,900

    • 6 Beds
    • 3 Baths
    • 2,502 Sq Ft
    • 301 W Jackson Blvd
    • Elkhart, IN

    Spacious, clean well-maintained home with 4 BRS on upper level and a 5th BR in basement with egress window. Efficiency has a kitchen, full bath and a spacious living/sleeping room.

    Susan Burns Berkshire Hathaway HomeServices Elkhart

    Section Image
  • 810 W Hubbard Ave, Elkhart, IN 46516

    $125,000

    • 4 Beds
    • 1 Bath
    • 1,260 Sq Ft
    • 810 W Hubbard Ave
    • Elkhart, IN

    This spacious 4 bedroom, 1 bathroom home is a fantastic investment opportunity, currently occupied by long-term tenants. The property features a comfortable living space, a functional kitchen and a garage making it an attractive option for renters. This property is close to schools, parks and shopping centers, Its a perfect addition to any investment portfolio with a steady rental income

    Michelle Bordeau SUNRISE Realty

    Section Image
  • 115 W Cleveland Ave, Elkhart, IN 46516

    $150,000

    • 5 Beds
    • 3.5 Baths
    • 3,580 Sq Ft
    • 115 W Cleveland Ave
    • Elkhart, IN

    I found data stating 2-family dwelling, but zoning changes are always taking place. Buyers to verify zoning, sq. feet, taxes and schools. Walkout basement is finished could be owner occupied. Month to month leases currently. See MLS 202402506. Perfect home for family and extended family members. THE SALE FAILED BECAUSE OF REPAIRS. FOR A FULL PRICE OFFER THE SELLER WILL GIVE THE BUYERS A CERTIFIED

    Pat Roll RE/MAX Oak Crest - Elkhart

    Section Image
  • 1021 Princeton St, Elkhart, IN 46516

    $139,000

    • 6 Beds
    • 2 Baths
    • 1,882 Sq Ft
    • 1021 Princeton St
    • Elkhart, IN

    Great income producing property. Subject to tenant rights, do not disturb. Total gross monthly rents are $1800.

    Valerie Swihart Pyramid Realty LLC

    Section Image

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
Propt Real Estate Llc $95,000 Near North Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propt Real Estate Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $95,000 -4.9% $44 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $99,900 -- $46 / 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 $2,659 $139,200 $12,000 $127,200
2022 $2,659 $83,400 $12,000 $71,400
2021 $865 $41,900 $12,000 $29,900
2020 $920 $41,900 $12,000 $29,900
2019 $882 $40,300 $2,900 $37,400
2018 $823 $37,300 $2,900 $34,400
2017 $825 $37,300 $2,900 $34,400
2016 $823 $37,300 $2,900 $34,400
2014 $795 $37,300 $2,900 $34,400
2013 $842 $42,100 $12,000 $30,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202121503

Indiana Regional MLS

APN: 20-06-05-352-006.000-012