428 State Street

Elkhart, IN 46516

$109,900
Price
4
Beds
2
Baths
1,352 Sq. Ft.
$81 / Sq. Ft.
1,352
Sq. Ft.
$81
per Sq. Ft.

Description

Attention investors! Don't miss out on this great opportunity! This spacious duplex, conveniently located near downtown, is sure to bring you a solid income. The current owner resides in one unit and rents the other for $800 per month. Both units feature 2 bedrooms and 1 bathroom, with one unit on the main level and the other on the upper level. This property is in decent condition and offers an unfinished basement for all your storage needs. Schedule your private showing today!Attention investors! Don't miss out on this great opportunity! This spacious duplex, conveniently located near downtown, is sure to bring you a solid income. The current owner resides in one unit and rents the other for $800 per month. Both units feature 2 bedrooms and 1 bathroom, with one unit on the main level and the other on the upper level. This property is in decent condition and offers an unfinished basement for all your storage needs. Schedule your private showing today!
  1. Listed by Jennea Schirr • McKinnies Realty, LLC Elkhart
  2. Listed by Brycen Wrigley • McKinnies Realty, LLC Elkhart

Property Details for 428 State Street

Style
Two Story
Subdivision
None
Waterfront
No
Water Features
None
Pet Restrictions
No
LISTING UPDATED: 11/01/2024 07:38 PM

Property Details for 428 State Street

StatusActive
MLS #202427339
Days on Market153
Taxes$650 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1906
Lot Size0.05 AC / 2,178 SF
CountyElkhart County

Building Information for 428 State Street

Stories2Residences2Year Built1906Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 428 State Street

Summary
Location and General Information
  • Area: Elkhart County
  • City: Elkhart
  • Zip + 4: 3619
  • Zip Code: 46516
  • State: IN
  • Township: Concord
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Fips Code: 18039
  • Directions To Property: Main St to State St
Taxes and HOA
  • Assessed Value $: $81,700.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 20-06-04-354-017.000-012
School Information
  • School District: Elkhart Community Schools
  • Elementary: Riverview
  • Middle School: Pierre Moran
  • High School: Elkhart
Parking
  • Number Of Parking Spaces: 4
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.05
  • Lot Dimensions: 33X66
  • Lot Number: 26
  • Below Grade Unfin Sqft: 676.0
  • Total Square Feet: 2028.0
  • Approx Lot Size Sqft: 2178.0
  • Above Grade Finished Sqft: 1352.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 676.0
  • Total Finished Sqft: 1352.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 1906
  • Age: 118
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Cable Available, Porch Covered, Water Heater Gas
  • Exterior: Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 2
  • Number of Dryers: 1
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Basement Material: Block
  • Basement: No
  • Basement/Foundation: Unfinished
  • Cooling: None
  • Flooring: Carpet, Ceramic Tile, Vinyl Tile
  • Heating/Fuel: Gas, Forced Air, Wall Heater
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $2,200.00
  • Annual Fuel Expense: $1,000.00
  • Annual Gross Rent $: $9,600
  • Annual Insurance Expense: $850
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $4,120
  • Annual Property Tax: $650
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $780
  • Gross Monthly Income: $800
  • Gross Monthly Rent: $800
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $800
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: Yes
  • Unit 2-Currently Rented: No
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $0
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Other
  • Tenant Pays: Other

Property History for 428 State 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 428 State Street

Taxable ValueLand$6,700Additions$75,000Total$81,700
Tax Record2023$651 ($54 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,352 SqFtAbove Grade Finished SqFt1,352 SqFtStories2Lot Size2,178 SqFtStyleSingle Family ResidenceYear Built1906CountyELKHARTAPN20-06-04-354-017.000-012

Schools near 428 State 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
Riverview Elementary School
PublicPK to 6

Pierre Moran 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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428 State Street is a multi-family home for sale in Elkhart, IN 46516. This property was listed for sale on July 22, 2024 by McKinnies Realty, LLC Elkhart, it's currently listed at $109,900. It has been on the market for a total of 153 days and was last sold on March 10, 2019. This listing's school district is Elkhart Community Schools. Nearby schools include Riverview Elementary School, Pierre Moran Middle School and Elkhart High School. 428 State Street is a 4-bed, 2-bath, 1,352 sqft multi-family home built in 1906.

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 McKinnies Realty, LLC Elkhart

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.