NOT LISTED FOR SALE

729 W Marion St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $87,000 - $148,000

6 Beds
4 Baths
3,520 Sq Ft
$34/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $85,000 $24 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $783/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Vinyl Flooring
  • Corner Lot
  • Energy-Efficient Windows

About This Home

As of April 2020

Renovated 4 plex with new windows, roof, furnaces, flooring, appliances, and much more. The main floor units have 2 bedrooms and the upper units have 1 bedroom each. Great property with all separated utilites.

Last Agent to Sell the Property

Jeff Chupp

McKinnies Realty, LLC Elkhart Listed on: 03/05/2020

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

David Singell

Myers Trust Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42x105
  • Corner Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

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

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Hawthorne Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 20-06-08-126-001.000-012

Community Details

Overview

  • 4 Units
  • Mathers Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Fuel Expense $800
  • Insurance Expense $1,200
  • Maintenance Expense $800
  • Trash Expense $720
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 120
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Mathers N 105 Ft. W 1/2 Lot 421
  • Parcel Number ID: 20-06-08-126-001.000-012
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 600
  • Monthly Gross Income: 2598
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 5018
  • Total Finished Sq Ft: 3520
  • Above Grade Finished Sq Ft: 3520
  • Below Grade Sq Ft: 1498
  • Price Per Sq Ft: 24.15
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 1498
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Annual Electric: 800
  • Annual Fuel Expense: 800
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 800
  • Annual Trash Expense: 720
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Hawthorne
  • Middle School: Pierre Moran
  • High School: Elkhart Central
  • Elementary School: Hawthorne

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 42x105
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Green Features

  • Energy Efficient: Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2598
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1569

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Panchos Land Development Llc
Bought by
Schwartz James D
Current Estimated Value
$118,936

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 6, 2020
Sold by
Aurora Capital Management Llc
Bought by
Panchos Land Development Llc
Seller's Agent
Jeff Chupp
McKinnies Realty, LLC Elkhart
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 31, 2020
Sold by
Aurora Capital Management Llc
Bought by
Panchos Land Development Llc
Seller's Agent
Jeff Chupp
McKinnies Realty, LLC Elkhart
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$85,000
Sold Price
$85,000

Purchase Details

Closed on
Dec 18, 2015
Sold by
729 W Marion St Land Trust
Bought by
Indiana 729 Land Trust

Purchase Details

Closed on
Dec 10, 2011
Sold by
Martin David and Martin Sharon
Bought by
Martin Marcia

Purchase Details

Closed on
Sep 5, 2008
Sold by
Rohrer Daniel R and Rohrer Diana E
Bought by
729 W Marion St Land Trust

Purchase Details

Closed on
May 1, 2006
Sold by
Rohrer Richard E
Bought by
Rohrer Diana and Rohrer Daniel
Source: Public Records

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
Schwartz James D $86,400 Fidelity National Title
Panchos Land Development Llc -- Fidelity National Title
Panchos Land Development Llc -- Fidelity National Title
Aurora Capitol Management Llc -- Fidelity National Ttl Co Llc
Indiana 729 Land Trust -- None Available
Martin Marcia -- Fidleity National Title
729 W Marion St Land Trust -- Lawyers Title
Rohrer Diana -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $85,000 0.0% $24 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $85,000 -- $24 / 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 $1,825 $94,800 $10,900 $83,900
2022 $1,825 $90,800 $10,900 $79,900
2021 $1,832 $89,600 $10,900 $78,700
2020 $1,740 $79,900 $10,900 $69,000
2019 $1,565 $72,100 $10,900 $61,200
2018 $1,585 $72,500 $10,900 $61,600
2017 $1,508 $68,800 $10,900 $57,900
2016 $1,463 $66,900 $10,900 $56,000
2014 $878 $41,200 $3,500 $37,700
2013 $1,050 $52,500 $10,700 $41,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeff Chupp

    McKinnies Realty, LLC Elkhart

    (574) 536-1110

    41 Total Sales

    Jeff Chupp
    Section Image
  • David Singell

    Buyer's Agent in 2020

    David Singell

    Myers Trust Real Estate

    (574) 536-1191

    1 in this area

    159 Total Sales

    David Singell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202008309

Indiana Regional MLS

APN: 20-06-08-126-001.000-012

Indiana Elkhart County Elkhart 46516 West Central

729 W Marion St, Elkhart, IN

This home is located at 729 W Marion St, Elkhart, IN 46516 since 05 March 2020 and is currently estimated at $118,936, approximately $33 per square foot. This property was built in 1900. 729 W Marion 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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