$148,777

Estimated payment $1,026/month

Total Views 156
6 Beds
2 Baths
3,016 Sq Ft
$49 Price per Sq Ft

Highlights

  • 86 Feet of Waterfront
  • The river is a source of water for the property
  • Vinyl Flooring
  • Forced Air Heating System

About This Home

Great Investment Opportunity – Renovated Duplex with River Access!Don't miss this updated duplex for sale, perfectly situated in a prime location with river access! Each unit features 2 bedrooms and 1 bathroom, offering comfortable and functional living spaces ideal for tenants or extended family. Recent renovations throughout both units provide a modern touch, including updated interiors and a brand-new roof for peace of mind. Each unit comes fully equipped with its own refrigerator and stove, making it move-in or rent-ready. Sitting on a rare double lot, this property includes 4 off-street parking spaces in the back, plus ample street parking—a huge bonus for tenants or guests. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this is a must-see opportunity. Attention investors: this is the one you've been waiting for!

Listing Agent

Barketa Kerns

Century 21 Circle Brokerage Phone: 574-293-2121 Listed on: 07/02/2025

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1910

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 33x148
  • 86 Feet of Waterfront
  • River Front

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 2 Bedrooms in Basement

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Mary Beck Elementary School
  • Pierre Moran Middle School
  • Elkhart High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • The river is a source of water for the property
  • Community Well

Listing and Financial Details

  • The owner pays for building insurance, parking
  • Assessor Parcel Number 20-06-09-128-004.000-012

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $600
  • Fuel Expense $400
  • Insurance Expense $1,900
  • Water Sewer Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 1910
  • Age: 115
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: STUDEBAKERS 33FT W SIDE LOT 318
  • Parcel Number ID: 20-06-09-128-004.000-012
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Number Below Grade Bedrooms: 2
  • Monthly Gross Income: 1672
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 4524
  • Total Finished Sq Ft: 3016
  • Above Grade Finished Sq Ft: 1508
  • Below Grade Finished Sq Ft: 1508
  • Below Grade Sq Ft: 1508
  • Price Per Sq Ft: 98.66
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Laminate, Vinyl
  • Total Below Grade Sq Ft: 3016
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Water Frontage: 86
  • Water Name: Saint Joseph River
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Water Type: River
  • Well Type: Community
  • Annual Electric: 600
  • Annual Fuel Expense: 400
  • Annual Insurance Expense: 1900
  • Annual Water Sewer Expense: 750

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 33X148
  • Estimated Lot Sq Ft: 4879
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 318

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Parking
  • Tenant Pays: Cable, Electric, Fuel, Heating, Sewer, Trash Collection, Deposit Value

Tax Info

  • Total Assessed Value: 96800
  • Annual Property Tax: 2500

Multi Family

  • Water Access: Riverfront
  • Gross Monthly Rent: 1672
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,851 $96,800 $6,300 $90,500
2022 $1,851 $96,100 $6,300 $89,800
2021 $1,821 $89,100 $6,300 $82,800
2020 $1,718 $79,100 $6,300 $72,800
2019 $1,537 $71,000 $6,300 $64,700
2018 $1,424 $65,300 $6,300 $59,000
2017 $1,397 $63,900 $9,700 $54,200
2016 $1,348 $61,800 $9,700 $52,100
2014 $1,290 $60,700 $9,700 $51,000
2013 $1,386 $69,300 $9,900 $59,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $148,777 +77.1% $49 / Sq Ft
01/03/2022 01/03/22 Sold $84,000 -6.7% $53 / Sq Ft
10/14/2021 10/14/21 Price Changed $90,000 -10.0% $56 / Sq Ft
09/15/2021 09/15/21 For Sale $100,000 +47.5% $63 / Sq Ft
09/10/2019 09/10/19 Sold $67,800 -5.1% $42 / Sq Ft
03/18/2019 03/18/19 For Sale $71,450 -- $45 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Metropolitan Title
Quit Claim Deed -- Metropolitan Title
Warranty Deed -- Mtc
Warranty Deed $67,630 Fidelity National Title
Warranty Deed $67,630 Fidelity National Title
Warranty Deed -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,000 New Conventional
Previous Owner $50,850 New Conventional
Previous Owner $50,850 New Conventional
Previous Owner $63,900 No Value Available
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202525668

Indiana Regional MLS

APN: 20-06-09-128-004.000-012