$19,000
SOLD JUN 7, 2013

705 W Franklin St Elkhart, IN 46516

West Central Neighborhood
-- Bed
-- Bath
2,768 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

36% Below List Price

197 Days on Market

About This Home

As of March 2016

Large side by side duplex with split utilities. Each unit has 3 bedrooms and 1.5 bathrooms. One unit is clean and rent ready, the other needs a little work. Large covered front porch, full basement. Nice income opportunity!

Last Agent to Sell the Property

Morgan Lytle

Realty Experts LLC Listed on: 11/15/2012

Realty Experts LLC

Last Buyer's Agent

Shelley Tucker

Assurance Property Management & Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 41x142

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,768 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 20-06-08-105-007.000-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Style: Two Story
  • Legal Description: MATHER EVANS & SCOLES W1/2 LOT 405 |
  • Parcel Number ID: 20-06-08-105-007.000-012
  • Platted: Yes
  • Sp Lp Percent: 79.17
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Sq Ft: 2768
  • Basement Foundation: Full Basement, Unfinished

Exterior Features

  • Exterior: Brick, Vinyl

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air

Lot Info

  • Lot Dimensions: 41x142

Tax Info

  • Annual Property Tax: 1638

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Mar 16, 2016
Sold by
G Group Property Management Llc
Bought by
Equity Trust Co and Roth Marcia Betchel
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Brad Beer
Heart City Realty LLC
List Price
$54,900
Sold Price
$28,000
Premium/Discount to List
-$26,900
-49%
Current Estimated Value
$168,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,418
Avg. Annual Appreciation
23.18%

Purchase Details

Listed on
Nov 15, 2012
Closed on
Jun 7, 2013
Sold by
Out Of The Box Llc
Bought by
G Group Property Management Llc
Seller's Agent
Morgan Lytle
Realty Experts LLC
Buyer's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
List Price
$29,900
Sold Price
$19,000
Premium/Discount to List
-$10,900
-36.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Statler Mary Jane
Bought by
Out Of The Box Llc

Purchase Details

Closed on
Apr 10, 2012
Sold by
Statler Mary Jane
Bought by
Our Of The Box Llc

Purchase Details

Closed on
Nov 30, 2004
Sold by
Stuart W Statler Living Trust and Statler Mary Jane
Bought by
The Stuart W Statler Living Trust
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Lawyers Title
Deed -- Lawyers Title
Deed -- Lawyers Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $28,000 -49.0% $10 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
05/01/2015 05/01/15 For Sale $54,900 +188.9% $20 / Sq Ft
06/07/2013 06/07/13 Sold $19,000 -36.5% $7 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $29,900 -- $11 / 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 $2,489 $70,700 -- $70,700
2022 $2,489 $54,000 $12,500 $41,500
2021 $1,110 $54,000 $12,500 $41,500
2020 $1,181 $54,000 $12,500 $41,500
2019 $1,079 $49,500 $3,800 $45,700
2018 $1,098 $50,700 $3,800 $46,900
2017 $1,100 $50,700 $3,800 $46,900
2016 $1,487 $68,700 $7,600 $61,100
2014 $1,505 $70,600 $7,600 $63,000
2013 $858 $42,900 $11,800 $31,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    2 in this area

    62 Total Sales

    Section Image
  • Brad Beer

    Buyer's Agent in 2016

    Brad Beer

    Heart City Realty LLC

    (574) 875-5149

    2 in this area

    307 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    Morgan Lytle

    Realty Executives

    (574) 304-9583

    1 in this area

    100 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 666096

Indiana Regional MLS

APN: 20-06-08-105-007.000-012

Indiana Elkhart County Elkhart 46516 West Central

705 W Franklin St, Elkhart, IN

This home is located at 705 W Franklin St, Elkhart, IN 46516 and is currently priced at $19,000, approximately $6 per square foot. This property was built in 1900. 705 W Franklin St is a home located in Elkhart County with nearby schools including Beardsley Elementary School, North Side Middle School, and Elkhart High School's Freshman Division.

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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