NOT LISTED FOR SALE

924 W Franklin St Elkhart, IN 46516

South Shore-Bridge Street Neighborhood

Estimated Value: $91,000 - $128,000

3 Beds
1 Bath
1,592 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $18,000 $11 Per Sq Ft

Est. 529% increase in value since last sale

Current estimated payment $699/month

117 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 5-minute walk to Rainbow Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2013

Good income opportunity, 1 unit currently rented on month to month lease, 1 unit is vacant.

Last Agent to Sell the Property

Martin Moeller

Realty Group Resources Listed on: 07/10/2013

Last Buyer's Agent

Elizabeth Barone

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x116
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 3 Bedrooms
  • 2-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Schools

  • East Side Elementary School
  • North Side Middle School
  • Elkhart Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 06-08-101-010-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1924
  • Style: Two Story
  • Bedrooms: 3
  • Legal Description: IN 40 FT X 7RDS SEC 8 .10A |
  • Parcel Number ID: 06-08-101-010-012
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement, Michigan Basement
  • Flooring: Carpet, Vinyl Tile

Exterior Features

  • Exterior: Wood
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: East Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40X116
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

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

Tax Info

  • Annual Property Tax: 587

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Nov 15, 2013
Sold by
Unique Management Llc
Bought by
Munoz Holdings Llc
Seller's Agent
Martin Moeller
Realty Group Resources
Buyer's Agent
Elizabeth Barone
RE/MAX Results
List Price
$39,800
Sold Price
$18,000
Premium/Discount to List
-$21,800
-54.77%
Current Estimated Value
$113,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,205
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Unique Investment Group Llc
Bought by
Unique Management Llc

Purchase Details

Closed on
Dec 28, 2011
Sold by
Kasar Investments Llc
Bought by
Unique Investment Group Llc

Purchase Details

Closed on
Jun 17, 2011
Sold by
The Bank Of New York Mellon
Bought by
Debroy Properties

Purchase Details

Closed on
Apr 27, 2011
Sold by
Beane Thi Thi
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 21, 2005
Sold by
Beane Thi Thi
Bought by
Tbs Investments Llc

Purchase Details

Closed on
Dec 27, 2001
Sold by
Hawkins Chris L and Hawkins Oneida J
Bought by
Beane Thi Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munoz Holdings Llc -- Lawyers Title
Unique Management Llc -- None Available
Unique Investment Group Llc -- Lawyers Title
Kasar Investments Llc -- Lawyers Title
Debroy Properties -- None Available
The Bank Of New York Mellon $55,683 None Available
Tbs Investments Llc -- --
Beane Thi Thi -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beane Thi Thi $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $18,000 -54.8% $11 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $39,800 -- $25 / 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 $1,258 $64,700 $11,800 $52,900
2022 $1,258 $31,700 $11,800 $19,900
2021 $658 $31,700 $11,800 $19,900
2020 $700 $31,700 $11,800 $19,900
2019 $938 $42,900 $3,400 $39,500
2018 $771 $34,900 $3,400 $31,500
2017 $773 $34,900 $3,400 $31,500
2016 $771 $34,900 $3,400 $31,500
2014 $731 $34,300 $3,400 $30,900
2013 $762 $38,100 $11,000 $27,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Martin Moeller

    Realty Group Resources

  • E

    Buyer's Agent in 2013

    Elizabeth Barone

    RE/MAX

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Map

Source: Indiana Regional MLS

MLS Number: 675613

Indiana Regional MLS

APN: 20-06-08-101-010.000-012

Indiana Elkhart County Elkhart 46516 South Shore-Bridge Street

924 W Franklin St, Elkhart, IN

Not Listed for Sale

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