NOT LISTED FOR SALE

715 Bower St Elkhart, IN 46514

Bower Neighborhood

Estimated Value: $118,000 - $165,000

4 Beds
3 Baths
1,464 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $37,500 $26 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $880/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Baseboard Heating
  • Carpet
  • Covered Patio or Porch
  • Level Lot
  • 2-minute walk to Weston Park

About This Home

As of August 2016

Nice rate of return on this 3 unit building. Each unit is currently rented. Owner pays utilities. Building is very well maintained. Buyers to verify schools, taxes, square footage.

Last Agent to Sell the Property

Shelley Tucker

Assurance Property Management & Realty Inc Listed on: 08/08/2016

Last Buyer's Agent

Joshua Schirr

McKinnies Realty, LLC Elkhart

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $904

Year Built

  • Built in 1900

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 30 x 85
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Mary Daly Elementary School
  • North Side Middle School
  • Elkhart Memorial High School

Utilities

  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, fuel, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 20-06-06-429-007.000-012

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Water Sewer Expense $600

Property Details

Home Type

Apartment

Est. Annual Taxes

$904

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: STRONGS RIVERSIDE 40X85-2FT; W OF NE COR LOT 3 |
  • Parcel Number ID: 20-06-06-429-007.000-012
  • Platted: Yes
  • Amenities: Cable Available, Detector-Carbon Monoxide, Detector-Smoke, Porch Covered, Water Heater Gas
  • Cross Street: Michigan
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1968
  • Total Finished Sq Ft: 1464
  • Above Grade Finished Sq Ft: 1464
  • Below Grade Sq Ft: 504
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 504
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Rubber, Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Electric: 1800
  • Annual Fuel Expense: 600
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 600
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Mary Daly

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 30 x 85
  • Estimated Lot Sq Ft: 2400
  • Estimated Lot Size Acres: 0.0551

Rental Info

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

Tax Info

  • Annual Property Tax: 904.34

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3

MLS Schools

  • High School: Elkhart Memorial
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Jawad Real Estate Llc
Bought by
Saladin Realty Group Llc
Current Estimated Value
$144,893

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 31, 2016
Sold by
Diaz Blancia and Maldonado Raul A
Bought by
Jawad Real Estate Llc
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Ulery Herbert C
Bought by
Diaz Blanca and Maldonado Raul A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saladin Realty Group Llc -- None Listed On Document
Jawad Real Estate Llc -- None Available
Diaz Blanca $19,900 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $37,500 -6.0% $26 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $39,900 -- $27 / 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 $1,416 $73,500 $9,400 $64,100
2022 $1,416 $44,400 $9,400 $35,000
2021 $1,149 $55,900 $9,400 $46,500
2020 $1,144 $52,300 $9,400 $42,900
2019 $1,047 $48,000 $9,400 $38,600
2018 $1,011 $46,000 $9,400 $36,600
2017 $938 $42,500 $9,400 $33,100
2016 $916 $41,600 $9,400 $32,200
2014 $857 $40,200 $9,400 $30,800
2013 $828 $41,400 $9,400 $32,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    1 in this area

    62 Total Sales

    Shelley Tucker
    Section Image
  • Joshua Schirr

    Buyer's Agent in 2016

    Joshua Schirr

    McKinnies Realty, LLC Elkhart

    (574) 606-7771

    1 in this area

    90 Total Sales

    Joshua Schirr
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201637027

Indiana Regional MLS

APN: 20-06-06-429-007.000-012

Indiana Elkhart County Elkhart 46514 Bower

715 Bower St, Elkhart, IN

Not Listed for Sale

MultiFamily

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