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(SOLD) $120,200

716 N Ward Street Elkhart, IN  46514-2311

  • 3 Beds
  • 2 Baths
  • 1,472 sq. Ft

Property Description for 716 N Ward Street Elkhart, IN 46514-2311

Discover an incredible investment opportunity with this charming duplex, offering a total of 1,472 square feet of living space. The property features two units: a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit. Each unit is currently rented on a month-to-month basis, providing a steady rental income. The 2/1 unit boasts beautiful hardwood floors throughout, with cozy carpet in the bedroom, and has an updated bathroom. The 1/1 unit has recently been upgraded with new cabinets, making it an attractive living space for tenants. Both units have been well-maintained, with the 2/1 unit's cabinets in great condition. Additional features include a 20 x 30 storage barn with an upstairs area located behind the home, offering ample storage space. The property has separate electrical meters, a 6-year-old electrical panel, and central air installed 6 years ago. The water heater is 10 years old, and the windows were replaced 5 years ago, ensuring energy efficiency and comfort. The duplex also includes an unfinished basement, providing potential for additional storage or future development. This well-kept property is perfect for investors looking for a reliable income stream and a promising long-term asset. SOLD AS IS

Address:716 N Ward Street Elkhart IN 46514-2311
Status:Sold
Sold On: 8/28/2024
Price:$119,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,472
Year Built:1892
Lot Size:0.12
County: Elkhart County
Township: Concord
School System : Elkhart Community
MLS #:202423590
Property Type:Duplex

Lot Dimensions:40X125
Directions:Beardsley to Ward
Total Sq. Ft. :1,472
Basement:Yes

Loan Price
$677
Price And Interest $627/month
Property Tax $0/month
MTG INS $0/month
HOME INS $50/month
Price
$120,200
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$600 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Family Room 700 x null Info Not Available

Tax Year:2023
Mandatory HOA Fee:$

City:Elkhart
Subdivision: None
Zip Code:46514-2311

School System:Elkhart Community
High School:Elkhart
Middle School:West Side
Elementary School:Mary Daly

Total Sq. Ft.:1,472

Listing provided courtesy of Gene Risner with At Home Realty Group

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

144
Avg. DOM
$153.42
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in Elkhart are not dropping at the moment. There has been a increase in price of $6,799.62. 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 $153.25 per square feet. At the moment, the amount of homes listed is exactly 921 houses, with 231 with active status, 82 with pending status and 608 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 $2,580.89. 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 58 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 26 minutes ago.

At the moment we have 3 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 2197.95 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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