NOT LISTED FOR SALE

722 W Lexington Ave Elkhart, IN 46514

Strong Neighborhood

Estimated Value: $92,000 - $427,000

2 Beds
1 Bath
1,204 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $157,000 $130 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,462/month

48 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

This is THE affordable and adorable craftsman bungalow you have been looking for! Are you looking for river views? This home is located right across the street from the river! Enjoy a cup of coffee in your enclosed porch while taking in your new view. Worried about parking? Don't! This home has a long driveway for plenty of off street parking for your guests while you have a 1 car garage in the back to keep your car covered this winter! This 2 bedroom home has been recently renovated while keeping true to the original charm! You will love the open floorpan, refinished original hardwood floors and the original built ins! The formal dining room is large enough to host the Holidays and it even has the original bench seating with storage! The kitchen has been completely updated with new appliances, a new counter top, tiled backsplash and flooring! Cabinets were freshly painted and there is fresh paint throughout the home! A new furnace and AC were just installed. The full bathroom located between both large bedrooms is completely new as well! The garage was also renovated and features new siding, new windows, new roof, and a new service door! This is the one you have been searching for. Don't wait and see it this weekend before someone else calls this house their new HOME! *AGENTS read remarks.*

Last Listed By

Leah Mark

Red Bow Realty Listed on: 12/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46 x 112

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-06-06-477-045.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 103
  • Style: One Story
  • Total Number of Rooms: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SPRING FOUNTAIN PLACE LOT 31
  • Parcel Number ID: 20-06-06-477-045.000-012
  • Platted: Yes
  • Parcel Id2: 20-06-06-477-032.000-012
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2380
  • Total Finished Sq Ft: 1204
  • Above Grade Finished Sq Ft: 1204
  • Below Grade Sq Ft: 1176
  • Price Per Sq Ft: 130.4
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1176

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x22
  • Garage Sq Ft: 308
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 46 x 112
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 2084.28

MLS Schools

  • High School: Elkhart
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 20, 2023
Sold by
Plus One Homes Llc
Bought by
Sellers Justin J
Seller's Agent
Leah Mark
Red Bow Realty
Buyer's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$157,000
Sold Price
$157,000
Total Days on Market
48
Views
147
Current Estimated Value
$259,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,500
Avg. Annual Appreciation
8.36%
Original Mortgage
$152,290
Outstanding Balance
$148,759
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$38,741

Purchase Details

Closed on
Jul 19, 2022
Sold by
Current Terry A
Bought by
Plus One Homes Llc

Purchase Details

Closed on
Oct 25, 2004
Sold by
Current Beverly
Bought by
Current Raymond and Current Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,200
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2003
Sold by
Rhinesmith Diane K
Bought by
Rhinesmith Diane K and Current Beverly

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
Sellers Justin J $157,000 Near North Title Group
Plus One Homes Llc $66,000 Griner Gary L
Current Raymond -- Standard Insurance Services
Current Beverly -- --
Rhinesmith Diane K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Justin J $152,290
Previous Owner Current Raymond $46,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $157,000 0.0% $130 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $157,000 -- $130 / 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 $281 $9,700 $3,700 $6,000
2022 $281 $8,800 $3,700 $5,100
2021 $242 $8,000 $3,700 $4,300
2020 $240 $7,600 $3,700 $3,900
2019 $227 $7,200 $3,700 $3,500
2018 $225 $7,100 $3,700 $3,400
2017 $216 $6,800 $3,700 $3,100
2016 $212 $6,700 $3,700 $3,000
2014 $204 $6,500 $3,700 $2,800
2013 $192 $6,400 $3,700 $2,700
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202248975

Indiana Regional MLS

APN: 20-06-06-477-032.000-012