NOT LISTED FOR SALE

22898 Lake Shore Dr Elkhart, IN 46514

Estimated Value: $362,320 - $418,000

2 Beds
2 Baths
1,764 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $225,000 $128 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,237/month

86 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of September 2016

Vacation every day in this well maintained, updated, and charming Lakefront home on popular Heaton Lake; an ideal fishing and all sports Lake near every convenience and Toll Road Access! Open concept floor plan, main level laundry, hardwood floors, stainless steel appliances, island kitchen that is open to great room with gas log fireplace and sliding glass doors to a wonderful patio overlooking the Lake. Main level bedroom and upper level master suite with vaulted ceiling, skylights, walk-in closet, sliding glass door to private balcony and en-suite that includes a soaking tub, separate shower, and vaulted ceiling with skylight. Other amenities include all new plumbing and electrical in 2000, irrigation system pumped from the Lake, 4-8' sections of pier, and 4' crawl space for storage that is accessed from the great room. Home was recently appraised for $250,000!

Last Agent to Sell the Property

Wayne Pearce

RE/MAX Oak Crest - Elkhart Listed on: 05/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1900

Lot Details

  • 10,585 Sq Ft Lot
  • Lot Dimensions are 75 x 150
  • 75 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Irrigation

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Covered Patio or Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Private Sewer

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 20-02-24-106-004.000-026

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,001

Year Built

Built in 1900

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: HASTINGS HEATON LAKE LOT 11 & W1/2 LOT 12
  • Parcel Number ID: 20-02-24-106-004.000-026
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceilings-Vaulted, Deck Covered, Eat-In Kitchen, Foyer Entry, Home Warranty Included, Irrigation System, Kitchen Island, Landscaped, Open Floor Plan, Patio Covered, Patio Open, Skylight(s), Tub and Separate Shower, Main Floor Laundry
  • Location: City/Town/Suburb, Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1764
  • Total Finished Sq Ft: 1764
  • Above Grade Finished Sq Ft: 1764
  • Basement: Yes
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 27x20, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 20x17, On Level: Upper
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Main Level Sq Ft: 1176
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Garden Shed, Dimensions: 10x8
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 75
  • Water Name: Heaton Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Private
  • Water Utilities: Well
  • Laundry: Dimensions: 6xMain, On Level: 7
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 250
  • Association Fees Frequency: Annually
  • Other Fee Description: septic conservancy fee
  • Other Fees Dollar: 85

Lot Info

  • Lot Description: Waterfront, 0-2.9999
  • Lot Dimensions: 75 x 150
  • Estimated Lot Sq Ft: 10585
  • Estimated Lot Size Acres: 0.243

Tax Info

  • Annual Taxes: 2001
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 13, 2016
Sold by
Morgan Marty J and Morgan Tammy K
Bought by
Sherck Vincent
Seller's Agent
Wayne Pearce
RE/MAX Oak Crest - Elkhart
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$383,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,815
Avg. Annual Appreciation
6.01%
Original Mortgage
$213,750
Outstanding Balance
$170,845
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$215,485

Purchase Details

Closed on
Oct 1, 2001
Sold by
Cummings Robert L
Bought by
Morgan Marty J and Morgan Tammy K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sherck Vincent -- Hamilton Title
Morgan Marty J -- Cripe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherck Vincent $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2016 09/20/16 Sold $225,000 -10.0% $128 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $249,900 -- $142 / 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 $2,388 $321,400 $83,300 $238,100
2022 $2,388 $272,900 $83,300 $189,600
2021 $2,396 $266,100 $83,300 $182,800
2020 $2,500 $251,400 $83,300 $168,100
2019 $2,016 $213,500 $83,300 $130,200
2018 $2,030 $208,400 $85,400 $123,000
2017 $1,984 $200,400 $85,400 $115,000
2016 $2,038 $198,400 $85,400 $113,000
2014 $2,001 $193,700 $85,400 $108,300
2013 $2,069 $193,700 $85,400 $108,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wayne Pearce

    RE/MAX

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201620522

Indiana Regional MLS

APN: 20-02-24-106-004.000-026

Indiana Elkhart County Elkhart 46514

22898 Lake Shore Dr, Elkhart, IN

Not Listed for Sale

Detached

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