NOT LISTED FOR SALE

708 W Franklin St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $118,000 - $179,000

6 Beds
3 Baths
1,789 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $120,000 $67 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $969/month

7 Days on Market

About This Home

As of August 2024

LISTED FOR COMPARABLE PURPOSES ONLY

Last Listed By

Chelsea Revella

McKinnies Realty, LLC Elkhart Brokerage Email: McKinniesRealty@gmail.com Listed on: 08/12/2024

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1979

Lot Details

  • 8,843 Sq Ft Lot
  • Lot Dimensions are 92x96

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Mary Feeser Elementary School
  • Pierre Moran Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for alarm, cable, electric, heating, lawn maintenance, snow removal, sewer, tax, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 20-06-05-357-022.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,599

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1979
  • Age: 45
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT IN W1/2 SW1/4 ON N SIDE FRANKLIN ST TO RIVER SEC 5 .24A
  • Parcel Number ID: 20-06-05-357-022.000-012
  • Platted: Yes
  • Amenities: Basement, Cable Available, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 1900
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2684
  • Total Finished Sq Ft: 1789
  • Above Grade Finished Sq Ft: 1789
  • Below Grade Sq Ft: 895
  • Price Per Sq Ft: 67.08
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Unfinished
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 895
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • 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 Feeser
  • Middle School: Pierre Moran
  • High School: Elkhart
  • Elementary School: Mary Feeser

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 92X96
  • Estimated Lot Sq Ft: 8843
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Alarm, Cable, Electric, Heating, Lawn Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water

Tax Info

  • Total Assessed Value: 116500
  • Annual Property Tax: 2599.01

Multi Family

  • Gross Monthly Rent: 1900
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Elkhart
  • Middle School: Pierre Moran
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 22, 2024
Sold by
Sbre Llc and Sbre Properties Llc
Bought by
Fc Properties Llc
Seller's Agent
Chelsea Revella
McKinnies Realty, LLC Elkhart
Buyer's Agent
Cynthia Acosta
Century 21 Circle
List Price
$120,000
Sold Price
$120,000
Total Days on Market
7
Current Estimated Value
$135,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,660
Avg. Annual Appreciation
26.82%

Purchase Details

Closed on
Sep 26, 2022
Sold by
Marble Daren T and Marble Kelly E
Bought by
Sbre Llc

Purchase Details

Listed on
Aug 27, 2018
Closed on
Feb 1, 2019
Sold by
Siming Li
Bought by
Marble Daren T and Marble Kelly E
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Aaron Cowham
Howard Hanna SB Real Estate
List Price
$69,000
Sold Price
$59,000
Premium/Discount to List
-$10,000
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%

Purchase Details

Listed on
Aug 27, 2018
Closed on
Jan 27, 2019
Sold by
Siming Li
Bought by
Marble Daren T and Marble Kelly E
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Aaron Cowham
Howard Hanna SB Real Estate
List Price
$69,000
Sold Price
$59,000
Premium/Discount to List
-$10,000
-14.49%

Purchase Details

Closed on
Jul 16, 2010
Sold by
Simons Jeff
Bought by
Li Siming

Purchase Details

Closed on
Jun 20, 2008
Sold by
U S Bank Na
Bought by
Simons Jeff

Purchase Details

Closed on
Feb 21, 2007
Sold by
Adams Nancie C
Bought by
Us Bank Na

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
Fc Properties Llc $120,000 Fidelity National Title Compan
Sbre Llc -- Fidelity National Title
Marble Daren T -- New Title Company Name
Marble Daren T -- New Title Company Name
Li Siming -- Lawyers Title
Simons Jeff -- World Title Guaranty Inc
Us Bank Na $34,200 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $120,000 0.0% $67 / Sq Ft
08/12/2024 08/12/24 For Sale $120,000 +103.4% $67 / Sq Ft
01/31/2019 01/31/19 Sold $59,000 -14.5% $33 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $69,000 0.0% $39 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $69,000 -- $39 / 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 $2,599 $122,800 $22,500 $100,300
2022 $2,374 $17,800 $14,400 $3,400
2021 $376 $17,800 $14,400 $3,400
2020 $399 $17,800 $14,400 $3,400
2019 $2,002 $92,400 $17,200 $75,200
2018 $2,031 $93,100 $17,200 $75,900
2017 $2,100 $86,200 $17,200 $69,000
2016 $1,834 $84,000 $17,200 $66,800
2014 $1,718 $80,600 $17,200 $63,400
2013 $1,820 $91,000 $17,200 $73,800
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Revella

    Seller's Agent in 2024

    Chelsea Revella

    McKinnies Realty, LLC Elkhart

    (574) 309-4350

    1 in this area

    233 Total Sales

    Chelsea Revella
    Section Image
  • Cynthia Acosta

    Buyer's Agent in 2024

    Cynthia Acosta

    Century 21 Circle

    (574) 575-9348

    1 in this area

    220 Total Sales

    Cynthia Acosta
    Section Image

  • S

    Seller's Agent in 2019

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    2 in this area

    59 Total Sales

    Shelley Tucker
    Section Image
  • Aaron Cowham

    Buyer's Agent in 2019

    Aaron Cowham

    Howard Hanna SB Real Estate

    (574) 532-8412

    267 Total Sales

    Aaron Cowham
    Section Image
See All Agents

Map

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Source: Indiana Regional MLS

MLS Number: 202433136

Indiana Regional MLS

APN: 20-06-05-357-022.000-012

Indiana Elkhart County Elkhart 46514 West Central

708 W Franklin St, Elkhart, IN

Homes for Sale in Elkhart, IN

This home is located at 708 W Franklin St, Elkhart, IN 46516 since 12 August 2024 and is currently estimated at $135,660, approximately $75 per square foot. This property was built in 1979. 708 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.