2 months on rocket

1040 Middlebury St, Elkhart, IN, 46516

$120,000

Home List Price

$1,425*

Closing Credit

0 Baths
Multi

Location

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1040 Middlebury St, Elkhart$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1895
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s)
MLS #202432516
Lot Size0.16 Acres
StatusActive

About 1040 Middlebury St

WELCOME TO THIS VERSARILE ONE - AND - A - HALF STORY HOME, OFFERING A FANTASTIC INVESTMENT OPPORTUNITY . THIS IS A 2-BEDROOM , 2-BATHROOM PROPERTY IS PERFECT FOR THOSE LOOKING TO GENERATE EXTRA INCOME OR EXPAND THEIR REAL ESTATE PORTFOLIO . THE HOME IS ZONED R-5 , MAKING IT SUITABLE FORA VARIETY OF POTENTIAL USES. Property being SOLD - As - Is

Property Details

Property Features

Property Information:

  • Year Built: 1895
  • Stories: 1

Listing Office:

  • Office Name: Cressy & Everett- Elkhart
  • Office Phone: (574) 349-1300
  • Listing Agent: Jenniffer Panzo-Hernandez

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  • Virtual Tour: 1040 Middlebury St
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Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Elkhart Central High School, Public District Grades 9-12
  • Pierre Moran Middle School, Public District Grades 7-8
  • Riverview Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: LEFT ON PRAIRE , RIGHT ON MIDDLEBURY STREET , DESTINATION ON THE LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000

Tax Information:

  • Annual Amount: $380
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Elkhart, IN.

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Elkhart, IN

City

Med. Sold Price

$235.3K

Med. Price/SqFt

$128

# of Sold Homes

72

1040 Middlebury St vs Elkhart

72 DAYS ON ROCKET

$120,000

-$115.3K Less

KEY TAKEAWAY

This property is $115.3K less than the Median Sold Price in Elkhart, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202432516

Listing Office:

  • Office Name: Cressy & Everett- Elkhart
  • Office Phone: (574) 349-1300
  • Listing Agent: Jenniffer Panzo-Hernandez

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 17, 2006Home Sold
$64,000

Tax History

YEARPROP. TAXASSESSMENT
2021$380$17,600
2019$481$21,700
2018$484$21,700
2017$482$21,500

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2091718
5
/10

  • Riverview Elementary School

  • 2509 Wood St

  • 0.96 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2091719
4
/10

  • Pierre Moran Middle School

  • 200 W Lusher Ave

  • 1.31 miles

  • Public District Grades 7-8

High School

school-card-donut-2091720
4
/10

  • Elkhart Central High School

  • 1 Blazer Blvd

  • 0.42 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,723. The majority of Elkhart, IN residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Elkhart, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Elkhart, IN?

Elkhart's housing market is diverse, offering a range of options from historic homes to newer constructions. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include ranch, colonial, and bungalow. The market also features a selection of apartments and townhouses, accommodating various housing preferences. The homeownership rate in Elkhart is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Elkhart, IN a good place to live?

Elkhart is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on its musical history, often referred to as the 'Band Instrument Capital of the World', and hosts several festivals throughout the year that showcase its musical and artistic talents. The community's character is further defined by its scenic riverwalk and well-maintained parks, which provide residents with ample outdoor recreational opportunities.

Are things conveniently located in Elkhart, IN?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Elkhart boasts several healthcare facilities, offering a range of services from primary care to specialized medical treatments. The city's public library system supports lifelong learning with a variety of programs and resources. Retail and dining options in Elkhart reflect the local culture, with a mix of national chains and independent businesses that contribute to the city's unique charm.

What does the transportation in Elkhart, IN look like?

Elkhart's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and states, with the Indiana Toll Road being a notable route for commuters. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used by residents for added convenience.

Rocket Homes›Indiana›Elkhart County›Elkhart›46516›1040 Middlebury St

This home is located at 1040 Middlebury St in Elkhart, IN and zip code 46516. This home was built in 1895. It has been listed on Rocket Homes since August 25, 2024 and is currently priced at $120,000.

In October 2024 more than 18 listings in Elkhart, IN were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 26 were sold below. The inventory of homes for sale in Elkhart, IN between September 2024 and October 2024 increased by 15.5%.

From Rocket Homes Real Estate and based on county public records data.

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