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    • $120,000

    420 Middlebury St, Elkhart, IN 46516

    3beds
    1,785sqft
    Triplex
    Built in 1900
    -- sqft lot
    $144,600 Zestimate®
    $--/sqft
    $1,248 Estimated rent

    Home value

    $144,600

    $111,000 - $179,000

    $1,248/mo

    Zestimate® history
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    Rent Zestimate®

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    $587/mo

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    What's special

    Don’t miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $600,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen DiJulius 574-250-0893,

    St. Joseph Realty Group

    Bought with:

    Stephen DiJulius

    St. Joseph Realty Group

    Source: IRMLS,MLS#: 202436623MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Flooring: Mixed
    • Basement: Full
    Interior area
    • Total structure area: 2,528
    • Total interior livable area: 1,785 sqft
    • Finished area above ground: 1,785
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch Covered
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 33X126
    • Features: Level, 0-2.9999
    Details
    • Additional structures: None
    • Parcel number: 200604362011.000012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Elkhart

    Financial & listing details

    • Tax assessed value: $97,800
    • Annual tax amount: $2,106
    • Date on market: 9/21/2024
    • Inclusions: Lease
    • Lease term: Month To Month,12 Months,Renewal Option
    • Total actual rent: 20880
    • Tenant pays: Cooling, Electricity, Heating, Trash Collection, Water

    Price history

    DateEventPrice
    5/13/2025Sold$120,000
    Source: IRMLS #202436623 Report a problem
    3/7/2025Pending sale$120,000
    Source: IRMLS #202436623 Report a problem
    2/7/2025Price change$120,000-14.3%
    Source: IRMLS #202436623 Report a problem
    1/8/2025Pending sale$140,000
    Source: IRMLS #202436623 Report a problem
    11/6/2024Listing removed$650
    Source: Zillow Rentals Report a problem
    11/5/2024Listing removed$140,000
    Source: IRMLS #202436623 Report a problem
    9/21/2024Listed for sale$140,000+17035.9%
    Source: IRMLS #202436623 Report a problem
    9/19/2024Listed for rent$650
    Source: Zillow Rentals Report a problem
    2/21/2011Sold$817
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,106 +6.4%$143,500 +37.8%
    2024$1,980 +127.7%$104,100 +6.4%
    2023$870 +6.9%$97,800 +128%
    2022$813 -6.1%$42,900 +7%
    2021$866 -11.5%$40,100
    2020$978 +32.1%$40,100 -21.1%
    2019$740 -1.1%$50,800 +48.5%
    2018$749 +4.8%$34,200 +1.2%
    2017$715 $33,800
    2016$715 -5.6%$33,800 -4.8%
    2014$757 +147.3%$35,500 +132%
    2013$306 $15,300
    2012$306 +8.5%$15,300 +8.5%
    2011$282 -68.2%$14,100 -68.2%
    2010$888 +0%$44,400
    2009$888 $44,400
    Find assessor info on the county website

    Neighborhood: Tipton Area

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mary Beck
    • Middle: Pierre Moran
    • High: Elkhart
    • District: Elkhart Community Schools

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $144,600
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    +$2,892
    With Zillow Showcase(estimated)
    $147,492

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