NOT LISTED FOR SALE

1627 E Lake Dr W Elkhart, IN 46514

East Lake Neighborhood

Estimated Value: $245,000 - $319,582

3 Beds
3 Baths
3,398 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $255,000 $75 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,733/month

13 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Welcome to this unique mid-century modern home! Imagine cooking dinner in your vintage, canary yellow kitchen with views of East Lake and the neighborhood park. Floor to ceiling windows throughout the home and beautiful built in dressers in all 3 bedrooms. Primary suite bathroom has been nicely updated. Main living room leads to a lovely deck over looking the large back yard. Walk out basement is a great space for additional living and entertaining. Private neighborhood park offers beach acess to the lake for swimming and kayaking, tennis courts and covered pavillion. Home is being sold AS-IS.

Last Agent to Sell the Property

Megan Shultz

Century 21 Circle Listed on: 06/11/2023

Century 21 Circle

Last Buyer's Agent

Carlos Avelar

Fenix Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1964

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 149x148
  • Irregular Lot

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Schools

  • Pinewood Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • East Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-02-34-205-020.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1964

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Age: 59
  • Style: One Story
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT E1/2 W1/2 NE1/4 130x230x; 166.28FTx113.85FT SEC 24; 56A
  • Parcel Number ID: 20-02-34-205-020.000-027
  • Platted: Yes
  • Sp Lp Percent: 104.29
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3596
  • Total Finished Sq Ft: 3398
  • Above Grade Finished Sq Ft: 1798
  • Below Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 198
  • Price Per Sq Ft: 141.82
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1798

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Garden Shed, Dimensions: 16x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 29x25
  • Garage Sq Ft: 725
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Association Fees: 110
  • Association Fees Frequency: Annually

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Pinewood
  • Middle School: North Side
  • High School: Elkhart
  • Elementary School: Pinewood

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 149x148
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51

Tax Info

  • Annual Taxes: 2085.76

MLS Schools

  • High School: Elkhart
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 21, 2021
Sold by
Shoup John Jay and Shoup Penny J
Bought by
Dressler Brandon David and Dressler Tabitha Lynn
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Megan Shultz
Century 21 Circle
List Price
$218,000
Sold Price
$218,000
Current Estimated Value
$287,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,396
Avg. Annual Appreciation
7.04%
Original Mortgage
$211,460
Outstanding Balance
$194,083
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$92,464

Purchase Details

Closed on
Mar 5, 2020
Sold by
Shcup Penny J and Meyers Penny J
Bought by
Shoup John Jay and Shoup Penny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2002
Sold by
Noffsinger Joseph F and Noffsinger Esther P
Bought by
Meyers Penny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
6.79%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dressler Brandon David $218,000 Fidelity National Ttl Co Ll
Shoup John Jay -- Fidelity National Ttl Co Llc
Meyers Penny J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dressler Brandon David $211,460
Previous Owner Shoup John Jay $141,200
Previous Owner Meyers Penny J $100,000
Previous Owner Meyers Penny J $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $255,000 +4.3% $75 / Sq Ft
06/11/2023 06/11/23 For Sale $244,500 +12.2% $72 / Sq Ft
09/20/2021 09/20/21 Sold $218,000 0.0% $121 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $218,000 -- $121 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,400 $288,200 $46,600 $241,600
2022 $4,409 $206,900 $46,600 $160,300
2021 $2,086 $204,200 $46,600 $157,600
2020 $4,424 $204,200 $46,600 $157,600
2019 $4,406 $204,200 $46,600 $157,600
2018 $3,847 $177,000 $28,000 $149,000
2017 $1,850 $169,700 $28,000 $141,700
2016 $1,784 $164,100 $28,000 $136,100
2014 $1,367 $129,800 $28,000 $101,800
2013 $1,298 $129,800 $28,000 $101,800
Source: Public Records

Agents Affiliated with this Home

  • Megan Shultz

    Seller's Agent in 2023

    Megan Shultz

    Century 21 Circle

    (574) 538-9009

    6 in this area

    84 Total Sales

    Megan Shultz
    Section Image
  • Carlos Avelar

    Buyer's Agent in 2023

    Carlos Avelar

    Fenix Realty, LLC

    (574) 849-9022

    3 in this area

    245 Total Sales

    Carlos Avelar
    Section Image
  • Heidi Gaskill

    Seller's Agent in 2021

    Heidi Gaskill

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-7478

    2 in this area

    218 Total Sales

    Heidi Gaskill
    Section Image
  • Lori Snyder

    Seller Co-Listing Agent in 2021

    Lori Snyder

    Berkshire Hathaway HomeServices Elkhart

    (616) 866-1212

    2 in this area

    68 Total Sales

    Lori Snyder
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202320185

Indiana Regional MLS

APN: 20-02-34-205-020.000-027

Indiana Elkhart County Elkhart 46514 East Lake

1627 E Lake Dr W, Elkhart, IN

This home is located at 1627 E Lake Dr W, Elkhart, IN 46514 since 11 June 2023 and is currently estimated at $287,396, approximately $84 per square foot. This property was built in 1964. 1627 E Lake Dr W is a home located in Elkhart County with nearby schools including Pinewood Elementary School, North Side Middle School, and Elkhart High School's Freshman Division.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX 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. Information is deemed reliable but not guaranteed.

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