NOT LISTED FOR SALE
18 Beds
8 Baths
7,920 Sq Ft
0.31 Acres

Last Sold June 15, 2018

Last sale price $220,000 $28 Per Sq Ft

1 Day on Market

About This Home

As of June 2018

Remodeled 8 unit apartment building with all separate utilities. This building is built solid and is a mix of 2 and 3 bedroom apartments. Newer roof and major rehab on units including kitchen, flooring and bathrooms.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 03/25/2018

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 03/25/2018

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1972

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 88 x 157

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 7,920 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for lawn maintenance, trash collection, water
  • Assessor Parcel Number 20-06-09-126-007.000-012

Community Details

Overview

  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $6,020
  • Insurance Expense $2,100
  • Maintenance Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,369

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1972
  • Age: 46
  • Style: Two Story
  • Bedrooms: 18
  • Number Above Grade Bedrooms: 18
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: Halls 2ND K G Lot 51 |
  • Parcel Number ID: 20-06-09-126-007.000-012
  • Platted: Yes
  • Amenities: Cable Ready
  • Sp Lp Percent: 91.67
  • Monthly Gross Income: 4915
  • Special Features: None

Interior Features

  • Total Sq Ft: 7920
  • Total Finished Sq Ft: 7920
  • Above Grade Finished Sq Ft: 7920
  • Price Per Sq Ft: 27.78
  • Flooring: Carpet, Concrete, Vinyl
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 6020
  • Annual Insurance Expense: 2100
  • Annual Maintenance Expense: 3000
  • Annual Trash Expense: 1200
  • Annual Water Sewer Expense: 3200
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Beck
  • Middle School: Pierre Moran
  • High School: Elkhart Memorial

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 88 x 157
  • Estimated Lot Sq Ft: 13678
  • Estimated Lot Size Acres: 0.314
  • Lot Number: 51

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Lawn Maintenance, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Total Assessed Value: 109400
  • Annual Property Tax: 2369

Multi Family

  • Gross Monthly Rent: 4915
  • Number Of Dryers: 1
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 6
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 8

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $220,000 -8.3% $28 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $240,000 +23.1% $30 / Sq Ft
09/19/2016 09/19/16 Sold $195,000 -9.3% $24 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $215,000 +10.3% $26 / Sq Ft
03/12/2014 03/12/14 Sold $195,000 -13.3% $49 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $225,000 -- $57 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201811823

Indiana Regional MLS