NOT LISTED FOR SALE

701 Main St Elwood, IN 46036

Estimated Value: $58,000 - $109,000

3 Beds
1 Bath
950 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $52,000 $55 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $472/month

6 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2021

GREAT FIND!!! Main house is a 2 BEDROOM with GIANT FULL BATH and Spacious Kitchen. 2nd unit occupied and could be PERFECT for STUDENT or Parent-in-laws. The back unit is a 1 BEDROOM, 1 BATH with attached garage. CONVENIENT and close to downtown Elwood. Both units have private driveways. ACT QUICKLY, THIS WON'T LAST LONG!

Last Agent to Sell the Property

Tara Windsor

Epique Inc License #RB21000293 Listed on: 07/15/2021

Co-Listed By

Diana Dunham

Keller Williams Indy Metro NE License #RB14040772

Last Buyer's Agent

Kalie Courtney

Karen Tanner Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1935

Lot Details

  • 6,098

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Wood Siding
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot

Community Details

  • Elwood Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 480416201119000027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$628

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1935
  • Co List Office Phone: 317-564-7100
  • Lot Size Acres: 0.14
  • Structure Type: Duplex
  • Subdivision Name: ELWOOD
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood Siding, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • List Price: 45000

Garage/Parking

  • Garage Spaces: 1
  • Carport Spaces: 1
  • Unit Parking: 1 Car Garage,On Street,1 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 480416201119000027
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Storm Sewer
  • Lot Number: 1
  • Lot Size: 43X142

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 628
  • Semi Annual Property Tax Amt: 314
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Elwood Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 30, 2021
Sold by
Kothe Holding Llc
Bought by
Summers Cody Mikel and Summers Jamie
Seller's Agent
Tara Windsor
Epique Inc
Buyer's Agent
Kalie Courtney
Karen Tanner Real Estate Group
List Price
$45,000
Sold Price
$52,000
Premium/Discount to List
$7,000
15.56%
Current Estimated Value
$71,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,921
Avg. Annual Appreciation
12.14%
Original Mortgage
$41,600
Outstanding Balance
$37,880
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$43,802

Purchase Details

Listed on
Jul 15, 2021
Closed on
Jul 8, 2021
Sold by
Kothe Charles and Roszko Kathryn
Bought by
Kothe Holdings Llc
Seller's Agent
Tara Windsor
Epique Inc
Buyer's Agent
Kalie Courtney
Karen Tanner Real Estate Group
List Price
$45,000
Sold Price
$52,000
Premium/Discount to List
$7,000
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Outstanding Balance
$37,880
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$43,802

Purchase Details

Closed on
Jan 24, 2020
Sold by
Kothe Reality Enterprises Llc
Bought by
Kothe William and Kothe Charles

Purchase Details

Listed on
Jun 13, 2014
Closed on
Aug 11, 2014
Sold by
Hickman Irmgard M
Bought by
Kothe William H
Seller's Agent
Ray Watson
Bill Brogdon Realty
Buyer's Agent
Ray Watson
List Price
$39,900
Sold Price
$27,000
Premium/Discount to List
-$12,900
-32.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Source: Public Records

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
Summers Cody Mikel -- Fidelity National Title
Kothe Holdings Llc -- None Available
Kothe William -- None Available
Kothe William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Cody Mikel $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $52,000 +15.6% $55 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $45,000 +66.7% $47 / Sq Ft
08/11/2014 08/11/14 Sold $27,000 -32.3% $28 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $39,900 -- $42 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $936 $46,800 $11,300 $35,500
2023 $697 $34,600 $10,800 $23,800
2022 $695 $34,000 $10,200 $23,800
2021 $708 $34,100 $10,200 $23,900
2020 $627 $30,700 $9,700 $21,000
2019 $629 $30,800 $9,700 $21,100
2018 $601 $29,400 $9,700 $19,700
2017 $589 $29,300 $9,700 $19,600
2016 $604 $56,100 $9,700 $46,400
2014 $942 $46,800 $9,700 $37,100
2013 $942 $46,800 $9,700 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Tara Windsor

    Seller's Agent in 2021

    Tara Windsor

    Epique Inc

    (317) 993-5858

    5 in this area

    9 Total Sales

    Section Image
  • Diana Dunham

    Seller Co-Listing Agent in 2021

    Diana Dunham

    Keller Williams Indy Metro NE

    (765) 623-7113

    129 in this area

    172 Total Sales

    Section Image

  • K

    Buyer's Agent in 2021

    Kalie Courtney

    Karen Tanner Real Estate Group

    Section Image

  • R

    Seller's Agent in 2014

    Ray Watson

    Bill Brogdon Realty

    (765) 552-5801

    90 in this area

    115 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21798303

MIBOR Broker Listing Cooperative®

APN: 48-04-16-201-119.000-027

Indiana Madison County Elwood 46036

701 Main St, Elwood, IN

This home is located at 701 Main St, Elwood, IN 46036 since 15 July 2021 and is currently estimated at $81,682, approximately $85 per square foot. This property was built in 1935. 701 Main St is a home located in Madison County with nearby schools including Elwood Elementary School, Elwood Intermediate School, and Elwood Junior-Senior 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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