$1,145,000
SOLD AUG 7, 2024

23236 Shorelane Elkhart, IN 46514

7 Beds
10 Baths
11,496 Sq Ft
1.38 Acres

Recently Sold

$100 Per Sq Ft

99% Below List Price

514 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Indoor Pool
  • Contemporary Architecture
  • Pier or Dock
  • Fireplace in Bedroom
  • Vaulted Ceiling

About This Home

As of August 2024

THIS MAGNIFICENT OPEN CONCEPT 11,000 SQ. FT. HOME SITS ON 3 LOTS, TOTALING 1.34 ACRES, WITH 300' OF PRIME RIVER FRONTAGE. Upon entering the home, the winding staircase, soaring beamed ceiling living room with panoramic views will take your breath away. The Gourmet kitchen has been completely redone by Martin Brothers and features Viking Commercial appliances, custom cabinetry by Ayr's and a large walk-in pantry. The Master Suite is located on the main floor with a steam shower, jets tub, dressing room and private outdoor patio. Also on the main floor is a Den/Library with a private bar. The home has 7 bedrooms, 4 gorgeous fireplaces, 12 seat cinema and workout room. The outside pool area features Brazilian wood decking and a pool house with kitchen and 2 full bathrooms. A PARADISE SETTING AWAITS YOU.

Last Agent to Sell the Property

Dennis Bamber

Cressy & Everett- Elkhart Brokerage Phone: 574-532-3808 Listed on: 01/03/2023

Cressy & Everett- Elkhart

Co-Listed By

John Boles

Cressy & Everett- Elkhart Brokerage Phone: 574-532-3808

Last Buyer's Agent

Dennis Bamber

Cressy & Everett- Elkhart Brokerage Phone: 574-532-3808 Listed on: 01/03/2023

Cressy & Everett- Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,456

Year Built

  • Built in 1971

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 200x300
  • 300 Feet of Waterfront
  • River Front
  • Kennel
  • Privacy Fence
  • Landscaped
  • Level Lot
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Great Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Workshop
  • Utility Room in Garage
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Laminate
  • Stone
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Bedroom
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Indoor Pool
  • Sun Deck
  • Seawall
  • Balcony
  • Covered patio or porch

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-02-35-476-030.000-026

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,456

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1971
  • Age: 53
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 24
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 10
  • Total Full Bathrooms: 7
  • Total Number of Half Bathrooms: 3
  • Legal Description: Wooded acres Lots 11 through Lot 13
  • Parcel Number ID: 20-02-35-476-030.000-026
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Balcony, Bar, Breakfast Bar, Built-In Bookcase, Built-in Desk, Built-In Home Theatre, Cable Ready, Ceiling-9+, Ceilings-Beamed, Ceilings-Vaulted, Closet(s) Cedar, Closet(s) Walk-in, Countertops-Stone, Crown Molding, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Firepit, Garage Door Opener, Jet Tub, Jet/Garden Tub, Irrigation System, Kennel, Kitchen Island, Landscaped, Patio Covered, Porch Covered, Skylight(s), Utility Sink, Wet Bar, Stand Up Shower, Tub and Separate Shower, Workshop, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry, Sump Pump, Custom Cabinetry, Garage Utilities
  • Location: City/Town/Suburb
  • Sp Lp Percent: 84.88
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 12022
  • Total Finished Sq Ft: 11496
  • Above Grade Finished Sq Ft: 7426
  • Below Grade Finished Sq Ft: 4070
  • Below Grade Sq Ft: 526
  • Price Per Sq Ft: 154.19
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 4
  • Fireplace: Den, Extra Rm, Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Laminate, Slate, Vinyl, Stone, Brick, Ceramic Tile
  • Living Great Room: Dimensions: 18x29, On Level: Main
  • Kitchen: Dimensions: 18x16, On Level: Main
  • Dining Room: Dimensions: 18x18, On Level: Main
  • Family Room: Dimensions: 14x28, On Level: Main
  • Den: Dimensions: 14x20, On Level: Main
  • Extra Room: Bedroom, Dimensions: 15x17, On Level: Upper
  • Bedroom 1: Dimensions: 21x15, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 15x18, On Level: Upper
  • Bedroom 4: Dimensions: 15x17, On Level: Upper
  • Bedroom 5: Dimensions: 14x17, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 2
  • Total Below Grade Sq Ft: 4596

Exterior Features

  • Exterior: Brick, Masonry
  • Roof Material: Shake, Wood
  • Outbuilding1: Bath House, Dimensions: 48x27
  • Pool: Indoor
  • Pool: Yes
  • Fence: Privacy
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 300
  • Water Name: St. Joe River Upper

Garage/Parking

  • Driveway: Asphalt, Circular
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 25x40
  • Garage Sq Ft: 1000
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx9, On Level: 10
  • Water Type: River
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999
  • Lot Dimensions: 200x300
  • Estimated Lot Sq Ft: 60113
  • Estimated Lot Size Acres: 1.38

Tax Info

  • Annual Taxes: 14455.64
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Riverfront

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
Jan 3, 2023
Closed on
Aug 7, 2024
Sold by
Myers James
Bought by
Makvandi Farhang
Seller's Agent
Dennis Bamber
Cressy & Everett- Elkhart
Buyer's Agent
Dennis Bamber
Cressy & Everett- Elkhart
List Price
$149,900,000
Sold Price
$1,145,000
Premium/Discount to List
-$148,755,000
-99.24%
Views
1281
Current Estimated Value
$1,113,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,918
Avg. Annual Appreciation
6.28%
Original Mortgage
$916,000
Outstanding Balance
$909,565
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$306,608

Purchase Details

Listed on
Jan 3, 2023
Closed on
Jun 10, 2024
Sold by
Myers James and Myers Maria
Bought by
Myers James
Seller's Agent
Dennis Bamber
Cressy & Everett- Elkhart
Buyer's Agent
Dennis Bamber
Cressy & Everett- Elkhart
List Price
$149,900,000
Sold Price
$1,145,000
Premium/Discount to List
-$148,755,000
-99.24%
Views
1281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,000
Outstanding Balance
$909,565
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$306,608

Purchase Details

Listed on
Jan 29, 2022
Closed on
Oct 12, 2022
Sold by
Downs Ronald K and Lain Ruch
Bought by
Myers James and Myers Maria
Seller's Agent
Julie Thatcher
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$1,800,000
Sold Price
$1,550,000
Premium/Discount to List
-$250,000
-13.89%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.33%
Original Mortgage
$1,240,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2003
Sold by
Vite Frank A and Vite Barbara A
Bought by
Downs Ronald K and Downs Lain Ruch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,351,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,145,000 Meridian Title
Quit Claim Deed -- None Listed On Document
Warranty Deed -- --
Warranty Deed -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $916,000 New Conventional
Previous Owner $1,240,000 New Conventional
Previous Owner $158,000 New Conventional
Previous Owner $1,280,000 New Conventional
Previous Owner $158,000 Credit Line Revolving
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $157,500 Unknown
Previous Owner $380,000 Future Advance Clause Open End Mortgage
Previous Owner $0 Undefined Multiple Amounts
Previous Owner $1,351,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $1,145,000 -15.1% $100 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $1,349,000 -3.6% $117 / Sq Ft
05/01/2024 05/01/24 Price Changed $1,399,000 -3.5% $122 / Sq Ft
03/01/2024 03/01/24 Price Changed $1,449,000 -3.3% $126 / Sq Ft
12/29/2023 12/29/23 Price Changed $1,499,000 -99.0% $130 / Sq Ft
12/29/2023 12/29/23 For Sale $149,900,000 0.0% $13,039 / Sq Ft
12/29/2023 12/29/23 Price Changed $149,900,000 +12991.7% $13,039 / Sq Ft
08/28/2023 08/28/23 Off Market $1,145,000 -- --
07/07/2023 07/07/23 For Sale $1,695,000 +48.0% $147 / Sq Ft
04/13/2023 04/13/23 Off Market $1,145,000 -- --
01/03/2023 01/03/23 For Sale $1,695,000 +9.4% $147 / Sq Ft
10/11/2022 10/11/22 Sold $1,550,000 -13.9% $135 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $1,800,000 +16.1% $157 / Sq Ft
05/03/2022 05/03/22 Off Market $1,550,000 -- --
02/18/2022 02/18/22 For Sale $1,800,000 -- $157 / 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 $15,427 $1,575,900 $409,500 $1,166,400
2022 $15,427 $1,196,100 $409,500 $786,600
2021 $14,471 $1,314,900 $409,500 $905,400
2020 $13,302 $1,098,900 $409,500 $689,400
2019 $12,621 $1,046,500 $409,500 $637,000
2018 $14,740 $1,142,700 $789,000 $353,700
2017 $14,873 $1,140,800 $789,000 $351,800
2016 $14,827 $1,144,300 $789,000 $355,300
2014 $14,144 $1,088,300 $789,000 $299,300
2013 $13,768 $1,088,300 $789,000 $299,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202300066

Indiana Regional MLS

APN: 20-02-35-476-030.000-026