NOT LISTED FOR SALE

Estimated Value: $89,000 - $142,328

3 Beds
2 Baths
1,720 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $19,900 $12 Per Sq Ft

Est. 491% increase in value since last sale

Current estimated payment $806/month

81 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of March 2018

Investment opportunity! 2 unit building, fully occupied with good cash flow.

Last Listed By

Steve Miller

RE/MAX Results-Goshen Listed on: 11/06/2017

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,721 Sq Ft Lot
  • Lot Dimensions are 81 x 83
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, sewer, water
  • Assessor Parcel Number 20-06-08-108-009.000-012

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,788
  • Insurance Expense $468
  • Maintenance Expense $780

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 118
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MATHER & MCNAUGHTON EX 84FT N; END LOT 471
  • Parcel Number ID: 20-06-08-108-009.000-012
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 99.55
  • Monthly Gross Income: 938
  • Special Features: None

Interior Features

  • Total Sq Ft: 2730
  • Total Finished Sq Ft: 1720
  • Above Grade Finished Sq Ft: 1720
  • Below Grade Sq Ft: 1010
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1010
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1788
  • Annual Insurance Expense: 468
  • Annual Maintenance Expense: 780

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 81 x 83
  • Estimated Lot Sq Ft: 6721
  • Estimated Lot Size Acres: 0.1543
  • Lot Number: 471

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 938
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 770.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Feb 9, 2018
Sold by
Myhome Properties Llc
Bought by
Secor Todd W and Secor Stefanie M
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
David Myers
Myers Trust Real Estate
List Price
$22,900
Sold Price
$19,900
Premium/Discount to List
-$3,000
-13.1%
Total Days on Market
81
Current Estimated Value
$117,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,682
Avg. Annual Appreciation
28.07%

Purchase Details

Closed on
Mar 7, 2011
Sold by
The Bank Of New York Mellon
Bought by
Opportunity Acquisitions Inc

Purchase Details

Closed on
Sep 29, 2010
Sold by
Wright Pamela J
Bought by
The Bank Of New York Mellon and The Bank Of New York

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
Secor Todd W -- Meridian Title Co
Opportunity Acquisitions Inc -- Meridian Title Corp
The Bank Of New York Mellon $13,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $19,900 -13.1% $12 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
11/06/2017 11/06/17 For Sale $22,900 +34.7% $13 / Sq Ft
11/18/2015 11/18/15 Sold $17,000 -14.6% $6 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $19,900 -- $7 / 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 $1,851 $96,200 $10,100 $86,100
2022 $1,851 $37,400 $10,100 $27,300
2021 $773 $37,400 $10,100 $27,300
2020 $823 $37,400 $10,100 $27,300
2019 $832 $38,000 $5,000 $33,000
2018 $771 $34,900 $5,000 $29,900
2017 $514 $34,900 $5,000 $29,900
2016 $771 $34,900 $5,000 $29,900
2014 $731 $34,300 $5,000 $29,300
2013 $588 $29,400 $15,600 $13,800
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201751228

Indiana Regional MLS

APN: 20-06-08-108-009.000-012