NOT LISTED FOR SALE

727 W Franklin St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $54,000 - $106,000

5 Beds
2 Baths
1,890 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $98,500 $52 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $555/month

46 Days on Market

Highlights

  • Porch
  • Level Lot
  • Carpet
  • Forced Air Heating System

About This Home

As of June 2024

BACK ON MARKET DUE TO NO FAULT OF THE SELLERS. Welcome to this beautifully remodeled duplex! Newly upgraded with modern cabinets, flooring, lighting, and fresh paint. Enjoy the convenience of a modern kitchen with ample storage, complemented by new flooring that flows seamlessly throughout. This could be your next investment that's rent ready or live in it and enjoy the updated features! Don't miss out on this opportunity to experience the comfort and elegance of this recently renovated duplex.

Last Buyer's Agent

Leah Sarber

RE/MAX 100 Elkhart

RE/MAX 100 Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1860

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33x115
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Natural lighting in basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Multiple Heating Units
  • Forced Air Heating System

Community Details

  • 2 Units
  • Albrights Jonas Subdivision

Listing and Financial Details

  • Tenant pays for fuel
  • The owner pays for tax
  • Assessor Parcel Number 20-06-08-105-002.000-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$520

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1860
  • Age: 164
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Mathers Evans & Scoles 27Ft E Side Lot 408 6 1/4Ft W Side Lot 407
  • Parcel Number ID: 20-06-08-105-002.000-012
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Near Walking Trail, Porch Open
  • Sp Lp Percent: 98.6
  • Monthly Gross Income: 1800
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2260
  • Total Finished Sq Ft: 1890
  • Above Grade Finished Sq Ft: 1890
  • Below Grade Sq Ft: 370
  • Price Per Sq Ft: 52.12
  • Basement: Yes
  • Basement Foundation: Daylight, Partial Basement
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 370
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33x115
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Owner Pays: Tax
  • Tenant Pays: Fuel

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

Tax Info

  • Annual Property Tax: 520.4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Garcia Maria Magdalena
Bought by
Garcia Maria M and Cruz Gladis D
Current Estimated Value
$88,484

Purchase Details

Listed on
Feb 9, 2024
Closed on
Jun 7, 2024
Sold by
Wildman Enterprises Inc
Bought by
Garcia Maria Magdalena
Buyer's Agent
Leah Sarber
RE/MAX 100 Elkhart
List Price
$99,900
Sold Price
$98,500
Premium/Discount to List
-$1,400
-1.4%
Views
259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.80%
Original Mortgage
$96,715
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 9, 2024
Closed on
Jun 3, 2024
Sold by
Wildman Enterprises Inc
Bought by
Garcia Maria Magdalena
Buyer's Agent
Leah Sarber
RE/MAX 100 Elkhart
List Price
$99,900
Sold Price
$98,500
Premium/Discount to List
-$1,400
-1.4%
Views
259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,715
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 30, 2024
Sold by
All Star Realty
Bought by
Garcia Maria Magdalena
Buyer's Agent
Leah Sarber
RE/MAX 100 Elkhart
List Price
$99,900
Sold Price
$98,500
Premium/Discount to List
-$1,400
-1.4%
Views
259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,715
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 18, 2023
Sold by
727 Franklin Land Trust
Bought by
All Star Realty and Wildman Enterprises Inc
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
List Price
$38,000
Sold Price
$31,500
Premium/Discount to List
-$6,500
-17.11%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
694.75%
Original Mortgage
$55,000
Interest Rate
7.76%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 1, 2023
Sold by
Brightrock Llc
Bought by
727 Franklin Land Trust
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
List Price
$38,000
Sold Price
$31,500
Premium/Discount to List
-$6,500
-17.11%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.76%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 11, 2012
Closed on
Dec 21, 2012
Sold by
Ivery Saundra
Bought by
Brightrock Llc
Seller's Agent
Ann Connolly
RE/MAX 100 Elkhart
Buyer's Agent
Michelle Tucker
Realty Group Resources
List Price
$19,900
Sold Price
$19,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Dec 17, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Ivery Saundra

Purchase Details

Closed on
Sep 24, 2008
Sold by
Camara Mohammed S
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 22, 2006
Sold by
First Interstate Wealthbuilders Llc
Bought by
Camara Mohamed S and 727 West Franklin Street Land Trust

Purchase Details

Closed on
May 16, 2006
Sold by
Camara Mohamed S
Bought by
First Interstate Wealthbuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2006
Sold by
Collins David S and Collins Judy S
Bought by
Camara Mohamed S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Garcia Maria M -- Fidelity National Title Compan
Garcia Maria Magdalena $98,500 Fidelity National Title
Garcia Maria Magdalena $98,500 Fidelity National Title Compan
Garcia Maria Magdalena -- Fidelity National Title
Garcia Maria Magdalena -- Fidelity National Title Compan
All Star Realty $55,000 Fidelity National Title Compan
727 Franklin Land Trust $31,500 Fidelity National Title
Brightrock Llc -- Lawyers Title
Ivery Saundra -- Investors Titlecorp
Hsbc Bank Usa National Association $25,925 Investors Titlecorp
Camara Mohamed S -- Metropolitan Title
First Interstate Wealthbuilders Llc -- Metropolitan Title
Camara Mohamed S -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Maria Magdalena $96,715
Previous Owner Garcia Maria Magdalena $96,715
Previous Owner Camara Mohamed S $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $98,500 -1.4% $52 / Sq Ft
04/05/2024 04/05/24 For Sale $99,900 0.0% $53 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 Price Changed $99,900 -4.8% $53 / Sq Ft
02/29/2024 02/29/24 Price Changed $104,900 -4.5% $56 / Sq Ft
02/24/2024 02/24/24 Price Changed $109,900 -4.4% $58 / Sq Ft
02/19/2024 02/19/24 Price Changed $114,900 -4.2% $61 / Sq Ft
02/09/2024 02/09/24 For Sale $119,900 +280.6% $63 / Sq Ft
11/15/2023 11/15/23 Sold $31,500 -17.1% $21 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $38,000 +91.0% $25 / Sq Ft
12/31/2012 12/31/12 Sold $19,900 0.0% $12 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $19,900 -- $12 / 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 $1,031 $53,200 $5,600 $47,600
2022 $1,031 $24,100 $5,600 $18,500
2021 $504 $24,100 $5,600 $18,500
2020 $535 $24,100 $5,600 $18,500
2019 $738 $33,600 $2,800 $30,800
2018 $740 $33,500 $2,800 $30,700
2017 $749 $33,800 $2,800 $31,000
2016 $747 $33,800 $2,800 $31,000
2014 $712 $33,400 $2,800 $30,600
2013 $724 $42,800 $5,600 $37,200
Source: Public Records

Agents Affiliated with this Home

  • Leah Sarber

    Buyer's Agent in 2024

    Leah Sarber

    RE/MAX

    (574) 575-8479

    4 in this area

    93 Total Sales

    Leah Sarber
    Section Image

  • S

    Seller's Agent in 2023

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    2 in this area

    63 Total Sales

    Shelley Tucker
    Section Image
  • Ann Connolly

    Seller's Agent in 2012

    Ann Connolly

    RE/MAX

    (574) 536-0675

    114 Total Sales

    Ann Connolly
    Section Image

  • M

    Buyer's Agent in 2012

    Michelle Tucker

    Realty Group Resources

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202404149

Indiana Regional MLS

APN: 20-06-08-105-002.000-012

Indiana Elkhart County Elkhart 46516 West Central

727 W Franklin St, Elkhart, IN

This home is located at 727 W Franklin St, Elkhart, IN 46516 since 09 February 2024 and is currently estimated at $88,484, approximately $46 per square foot. This property was built in 1860. 727 W Franklin St is a home located in Elkhart County with nearby schools including Mary Daly Elementary School, West Side Middle School, and Elkhart 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.

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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