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$625,000

326 W Franklin Street Elkhart, IN  46516

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Property Description for 326 W Franklin Street Elkhart, IN 46516

Location, location, location! This beautiful, expansive office/business/home offers so much and is close to everything downtown Elkhart. Located on 3 lots, this home was purchased to begin an antique store on the main level, while the owner lived upstairs in the 2-bedroom, 1 full bath apartment with separate amenities and utilities. On the main level, there are 2 private offices and multiple work areas, 2 half-baths, and a kitchen. The attic and basement provide for plenty of storage. 6 parking spaces and a detached 484 sqft 2-stall garage provide for plenty of parking. There is incredible potential in this property!

Address:326 W Franklin Street Elkhart IN 46516
Status:Active
on site: 29 days
Price:$625,000
Bathrooms:0
Year Built:1890
Lot Size:0.32
County: Elkhart County
Township: Concord
MLS #:202445075
Property Type:Office

Lot Dimensions:83X169
Directions:From Main Street heading North, turn left (West) on West Franklin Street. Property on SW corner of West Franklin Street and Fourth Street.
Basement:Yes

Loan Price
$3,762
Price And Interest $3,260/month
Property Tax $242/month
MTG INS $0/month
HOME INS $260/month
Price
$625,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$242/month
Home Owner Insurance
$3,120 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Den 2 x 2496 Info Not Available

Semi-Annual Property Tax:$1,454
Tax Year:2023 pay 2024
Mandatory HOA Fee:$

City:Elkhart
Subdivision: None
Zip Code:46516

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Listing provided courtesy of Cody Kurtz with Berkshire Hathaway HomeServices Goshen

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Elkhart Market Report

158
Avg. DOM
$156.68
Avg. $ / Sq.Ft.
$ 250,000
Med. List Price

The house prices in Elkhart are not dropping at the moment. There has been a increase in price of $23,122.58. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Elkhart are going Up. The average house price is $250,000.00 and the average price per square feet is $157.74 per square feet. At the moment, the amount of homes listed is exactly 840 houses, with 243 with active status, 73 with pending status and 524 sold in Elkhart .

The most popular place to buy a home in Elkhart is 2001 - Elkhart - Cleveland. 2001 - Elkhart - Cleveland is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Elkhart .

The average amount of property taxes you would have to pay for a home in Elkhart is $2,458.18. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Elkhart are staying listed for an average of 60 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Elkhart was 149 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Elkhart is $2,995,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Elkhart is $1,400.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Elkhart in year 1870 and the newest built house is in year 2024.

The average size of properties in Elkhart is 2088.09 sq.ft. , the biggest one being 11953 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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