NOT LISTED FOR SALE

1627 E Lake Dr W Elkhart, IN 46514

East Lake Neighborhood

Estimated Value: $267,000 - $295,000

3 Beds
3 Baths
3,398 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 07, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $1,785/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 Listed By

Megan Shultz

Century 21 Circle Listed on: 06/11/2023

Century 21 Circle

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
Jun 11, 2023
Closed on
Jul 31, 2023
Sold by
Dressler Brandon David and Dressler Tabitha Lynn
Bought by
Navarro Manuel Otero and Hernandez Valeria Hernandez
Seller's Agent
Megan Shultz
Century 21 Circle
Buyer's Agent
Carlos Avelar
Fenix Realty, LLC
List Price
$244,500
Sold Price
$255,000
Premium/Discount to List
$10,500
4.29%
Total Days on Market
13
Views
174
Current Estimated Value
$282,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,977
Avg. Annual Appreciation
5.69%
Original Mortgage
$250,381
Outstanding Balance
$245,780
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$37,197

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$211,460
Interest Rate
2.8%
Mortgage Type
New Conventional

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Elkhart, IN

  • 1661 Brookwood Dr, Elkhart, IN 46514

    $339,900

    • 4 Beds
    • 2.5 Baths
    • 2,634 Sq Ft
    • 1661 Brookwood Dr
    • Elkhart, IN

    Welcome to your new oasis of relaxation and entertainment! This massive 2-story home, perfectly situated on a large corner lot with an inviting circular driveway, is exactly what you need to embrace the summer season. With three spacious living areas—living room, family room, and den—there's ample space for everyone to spread out and enjoy their own slice of comfort. The abundance of windows and

    Brad Beer Heart City Realty LLC

    Section Image
  • 1523 Ash Dr W, Elkhart, IN 46514

    $300,000

    • 5 Beds
    • 3.5 Baths
    • 3,198 Sq Ft
    • 1523 Ash Dr W
    • Elkhart, IN

    Back on the market due to NO FAULT OF THE SELLER. Large 5 bedroom, 3.5 bathroom home with an inground pool located in the propular East Lake Estate neighborhood. Home offers two primary suites - one on the main level and one on the 2nd level. Main level laundry room. Large Family room with a gas fireplace and wonderful built-in cabinets. Curl up in front of the wood burning fire place in the

    Megan Shultz Century 21 Circle

    Section Image
  • 3110 N East Lake Dr, Elkhart, IN 46514

    $339,000

    • 4 Beds
    • 2.5 Baths
    • 3,060 Sq Ft
    • 3110 N East Lake Dr
    • Elkhart, IN

    Spacious Home with Water Views & Private Beach Access! Discover the perfect blend of comfort, style, and location in this beautifully maintained home offering stunning water views and access to a private beach, pavilion, and association amenities. This home features a wonderful open-concept layout on the main level, seamlessly connecting the family room with beautiful gas fireplace and wonderful

    Tara Lochmandy Cressy & Everett- Goshen

    Section Image
  • 1843 Crabtree Ln, Elkhart, IN 46514

    $335,500

    • 4 Beds
    • 2.5 Baths
    • 2,673 Sq Ft
    • 1843 Crabtree Ln
    • Elkhart, IN

    Welcome to this beautifully maintained 4-bedroom, 2.5-bath home in the highly sought-after Eastlake Estates. With a formal entry, living, and dining areas, this home offers both comfort and elegance. Real hardwood floors flow throughout entry and kitchen, complemented by a cozy wood-burning fireplace that creates a warm, inviting atmosphere.The kitchen features high-end appliances, including a

    TaSheena Abrams Rooted Realty

    Section Image
  • 1600 Osolo Rd, Elkhart, IN 46514

    $289,900

    • 3 Beds
    • 3 Baths
    • 1,960 Sq Ft
    • 1600 Osolo Rd
    • Elkhart, IN

    New Price * Open House April 27 1-3 pm* Stunning Newer Build – This home is perfect for anyone looking for comfort and convenience. Step inside to discover an open-concept main floor with abundant natural light, kitchen features a large island with lots of cabinets and laundry. Split bedroom location offers privacy and convenience. The completely finished lower level adds even more living space,

    Wilma Mcdougle McKinnies Realty, LLC Elkhart

    Section Image
  • 53893 Kershner Ln, Elkhart, IN 46514

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,762 Sq Ft
    • 53893 Kershner Ln
    • Elkhart, IN

    Great opportunity to make this 3-bedroom, 2-bathroom ranch-style home that combines comfort, style, and convenience. Featuring an open-concept layout with vaulted ceilings, this home has great potential with a little TLC. The master bedroom features a private en suite, offering a relaxing retreat. The partially finished basement includes a versatile bonus room—perfect for a home office, studio,

    Giselle Hernandez Berkshire Hathaway HomeServices Elkhart

    Section Image
  • 53911 Kershner Ln, Elkhart, IN 46514

    $292,500

    • 3 Beds
    • 3 Baths
    • 2,358 Sq Ft
    • 53911 Kershner Ln
    • Elkhart, IN

    Don't miss this totally rehabbed ranch in Elkhart's popular Northeast Side. The list of NEW items in the home is long and impressive: new roof, furnace, A/C, LVP flooring everywhere, kitchen (cabinets, appliances, countertops), bathrooms (tile, vanities, flooring, fixtures), windows and many new doors. The main floor features a large open concept Living Room/Kitchen with peninsula island,

    Patrick Ladewski Irish Realty

    Section Image
  • 1830 Greenleaf Blvd, Elkhart, IN 46514

    $329,000

    • 3 Beds
    • 2 Baths
    • 3,184 Sq Ft
    • 1830 Greenleaf Blvd
    • Elkhart, IN

    Move in ready 3-bedroom, 2 full bath ranch on desirable Greenleaf Blvd. This home has newer roof, new LVP flooring, woodburning fireplace in family room, nice size living room, formal dining room, main level laundry & master bed/bath. Full spacious basement has not one, but two recreation rooms, office/den & an extra room that has endless possibilities. Enclosed sunroom offers extra space for

    Maria Pendley Keller Williams Realty Group

    Section Image
  • 3601 Holly Dr, Elkhart, IN 46514

    $285,000

    • 3 Beds
    • 2 Baths
    • 2,593 Sq Ft
    • 3601 Holly Dr
    • Elkhart, IN

    View of St Joseph River from 2nd floor MBR. Great Floorplan with a large updated kitchen w/ solid surface counters , Abundant cabinet and counter area, Electric cooktop plus gas Range. Formal DR and very large area off kitchen for dining. Kitchen Dining area has a bar area to use for serving large events or breakfast. Huge F.R. w/ F.P. that is open to Kitchen / D.R. off kitchen and opens to

    Bruce Gordon Hallmark Real Estate, Inc.

    Section Image
See All Homes in Elkhart

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
Navarro Manuel Otero $255,000 Fidelity National Title Compan
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 Navarro Manuel Otero $250,381
Previous Owner 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 $2,400 $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

    5 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

    248 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

    232 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

    71 Total Sales

    Lori Snyder
    Section Image
See All Agents

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

Homes for Sale in Elkhart, IN

This home is located at 1627 E Lake Dr W, Elkhart, IN 46514 since 11 June 2023 and is currently estimated at $282,977, approximately $83 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.

Nearby Homes