NOT LISTED FOR SALE

675 W Lexington Ave Elkhart, IN 46514

Estimated Value: $158,000 - $187,776

3 Beds
1 Bath
1,353 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $39,300 $29 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,125/month

20 Days on Market

Highlights

  • Covered patio or porch
  • Ceiling Fan
  • Level Lot
  • Luxury Vinyl Tile Flooring

About This Home

As of January 2019

Excellent investment property with 2 units. One side is vacant so you can see it readily. Tenants pay $750.00 per month and all utilities. 3 Bedrooms in each unit and 1 bath in each unit.

Last Agent to Sell the Property

Ruby Miller

Ruby Miller, Realtor Listed on: 11/14/2018

Last Buyer's Agent

Steve Miller

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 56 x 125
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 20-06-05-352-005.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,600
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1902
  • Age: 116
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Johnsons Riverside 23ft E SID Lot 139 & Johnsons Riverside |
  • Parcel Number ID: 20-06-05-352-005.000-012
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 67.76
  • Monthly Gross Income: 1500
  • Special Features: None

Interior Features

  • Total Sq Ft: 2706
  • Total Finished Sq Ft: 1353
  • Above Grade Finished Sq Ft: 1353
  • Below Grade Sq Ft: 1353
  • Price Per Sq Ft: 29.05
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1353
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1600
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56 X 125
  • Estimated Lot Sq Ft: 7000
  • Estimated Lot Size Acres: 0.1607

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
Kupty Adeeb and Kupty Wiam
Bought by
Awk Investments Llc
Current Estimated Value
$166,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 17, 2019
Sold by
Franks Jolene
Bought by
Kupty Adeeb and Kupty Wiam
Seller's Agent
Ruby Miller
Ruby Miller, Realtor
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$58,000
Sold Price
$39,300
Premium/Discount to List
-$18,700
-32.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.14%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Franks Robert and Franks Jolene
Bought by
The Bob & Jolene Franks Trust

Purchase Details

Closed on
Sep 24, 2015
Sold by
Baldwin Robert D
Bought by
Franks Jolene and Franks Christina

Purchase Details

Closed on
Feb 12, 2015
Sold by
Neild George L and Neild Kay E
Bought by
Neild George and Neild Kay

Purchase Details

Closed on
Dec 23, 2004
Sold by
Franks Robert and Franks Jolene
Bought by
Franks Robert and Franks Bob L

Purchase Details

Closed on
Oct 20, 2004
Sold by
Deutsche Bank Trust Co Americas
Bought by
Franks Robert and Franks Bob L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,792
Interest Rate
5.82%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2003
Sold by
Filbert James
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Purchase Details

Closed on
Sep 17, 2001
Sold by
Kramer Edward A
Bought by
Filbert James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
9.65%
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
Awk Investments Llc -- Near North Title Group
Kupty Adeeb -- Near North Title Group
The Bob & Jolene Franks Trust -- None Available
Franks Jolene -- None Available
Neild George -- None Available
Franks Robert -- None Available
Franks Robert -- Investors Titlecorp
Deutsche Bank Trust Co Americas $56,000 --
Filbert James $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Awk Investments Llc $82,000
Previous Owner Franks Robert $64,792
Previous Owner Filbert James $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $39,300 -32.2% $29 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $58,000 -- $43 / 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 $2,491 $129,600 $20,300 $109,300
2022 $2,491 $113,000 $20,300 $92,700
2021 $2,033 $99,500 $20,300 $79,200
2020 $2,030 $93,300 $20,300 $73,000
2019 $1,864 $86,000 $20,300 $65,700
2018 $1,801 $82,500 $20,300 $62,200
2017 $1,628 $74,300 $20,300 $54,000
2016 $1,595 $73,000 $20,300 $52,700
2014 $1,516 $71,100 $20,300 $50,800
2013 $1,464 $73,200 $20,300 $52,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ruby Miller

    Ruby Miller, Realtor

    Section Image
  • Steve Miller

    Buyer's Agent in 2019

    Steve Miller

    RE/MAX

    (574) 238-1436

    362 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201851308

Indiana Regional MLS

APN: 20-06-05-352-005.000-012

Indiana Elkhart County Elkhart 46514

675 W Lexington Ave, Elkhart, IN

This home is located at 675 W Lexington Ave, Elkhart, IN 46514 since 14 November 2018 and is currently estimated at $171,944, approximately $127 per square foot. This property was built in 1902. 675 W Lexington 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.

Nearby Homes