100 South Michigan Street

Elkhart, IN 46514

$410,000
Price
2
Beds
1
Bath
1
1/2 Bath
5,970 Sq. Ft.
$69 / Sq. Ft.
5,970
Sq. Ft.
$69
per Sq. Ft.

Description

Great addition to your rental portfolio! This property is 4 unit building with 2 bedrooms 1/2 bathroom and full basement and private back patios for each unit. The interior of this building has been recently remodeled. New roof on property in 2022.Great addition to your rental portfolio! This property is 4 unit building with 2 bedrooms 1/2 bathroom and full basement and private back patios for each unit. The interior of this building has been recently remodeled. New roof on property in 2022.
  1. Listed by Michelle Bordeau • SUNRISE Realty

Property Details for 100 South Michigan Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 09/02/2024 12:38 PM

Property Details for 100 South Michigan Street

StatusActive
MLS #202410132
Days on Market222
Taxes$2,128 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1970
Lot Size0.24 AC / 10,454 SF
CountyElkhart County

Building Information for 100 South Michigan Street

Stories2Residences4Year Built1970Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 100 South Michigan Street

Summary
Location and General Information
  • Area: Elkhart County
  • City: Elkhart
  • Zip Code: 46514
  • State: IN
  • Township: Concord
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Fips Code: 18039
  • Directions To Property: Strong Ave, South on Michigan St
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 20-06-06-478-007.000-012
School Information
  • School District: Elkhart Community Schools
  • Elementary: Mary Daly
  • Middle School: West Side
  • High School: Elkhart
Parking
  • Number Of Parking Spaces: 8
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.24
  • Lot Dimensions: 180 x 80
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 5970.0
  • Approx Lot Size Sqft: 10454.0
  • Above Grade Finished Sqft: 5970.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 5970.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1970
  • Age: 54
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Countertops-Laminate, Countertops-Stone, Water Heater Gas, Washer Hook-Up
  • Exterior: Brick, Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number of Dishwashers: 4
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 4
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 4
  • Number of Washers: 0
  • Number Water Meters: 4
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: Central Air
  • Flooring: Carpet, Mixed, Vinyl
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 2
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 2
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 1
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 4
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $49,740
  • Annual Insurance Expense: $4,396
  • Annual Maint. Expense: $2,000
  • Annual Misc: $4,974
  • Annual Net Income: $36,242
  • Annual Property Tax: $2,128
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $4,145
  • Gross Monthly Rent: $4,145
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cooling, Electric, Heating, Water

Property History for 100 South Michigan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 100 South Michigan Street

Taxable ValueLand$12,000Additions$119,400Total$131,400
Tax Record2023$3,063 ($255 / month)
Home Facts
Total Finished SqFt5,970 SqFtAbove Grade Finished SqFt5,970 SqFtStories3Lot Size10,280 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningZO01CountyELKHARTAPN20-06-06-478-007.000-012

Schools near 100 South Michigan Street

This home is within Elkhart Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Daly Elementary School
PublicPK to 6

West Side Middle School
Public7 to 8

Elkhart High School
Public9 to 12

Elkhart Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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100 South Michigan Street is a multi-family home for sale in Elkhart, IN 46514. This property was listed for sale on March 27, 2024 by SUNRISE Realty, it's currently listed at $410,000. It has been on the market for a total of 222 days and was last sold on May 3, 2022. This listing's school district is Elkhart Community Schools. Nearby schools include Daly Elementary School, West Side Middle School and Elkhart High School. 100 South Michigan Street is a 2-bed, 1.5-bath, 5,970 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SUNRISE Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.