NOT LISTED FOR SALE

26059 Lake Terrace Cir Unit 12 Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $275,000 - $344,000

0.2 Acre
$1,545,760 Price per Acre
8,712 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $55,500

Est. 457% increase in value since last sale

Current estimated payment $1,991/month

47 Days on Market

About This Lot

As of October 2021

Build your dream home, close to Simonton Lake. Requirements: minimum 1200 sq ft home, must be on a full basement, have a cement sidewalk and driveway, must have an attached 2 stall garage or larger. An approved Modular home is acceptable. Must have cement pad for storage of boat, RV or motorhome, etc. Motorhome may be stored but not lived in on property and can only stay on the property for 9 months at any given year. Lots included 26059, 26082, 26132, 26106

Last Agent to Sell the Property

Pam French

Berkshire Hathaway HomeServices Goshen Listed on: 08/22/2021

Berkshire Hathaway HomeServices Goshen

Last Buyer's Agent

Tom Canarecci

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,219

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67x131
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Driveway

Utilities

  • Gas Available
  • Well Required

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 20-02-17-429-023.000-026

Property Details

Property Type

Land

Est. Annual Taxes

$4,219

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lake Terrace Lot 3
  • Parcel Number ID: 20-02-17-429-023.000-026
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.5
  • Parcel Description: Level
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

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

Lot Info

  • Lot Dimensions: 67x131
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 61.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Sweeney Mark and Sweeney Carrie
Bought by
Mccoy Joshua Louis and Sightes Abigail Rose
Current Estimated Value
$309,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,920
Outstanding Balance
$248,292
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$60,860

Purchase Details

Closed on
Dec 6, 2022
Sold by
Barak Group Llc
Bought by
Sweeney Mark and Sweeney Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,280
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2022
Sold by
Barak Group Llc
Bought by
Sweeney Mark and Sweeney Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,280
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2021
Closed on
Nov 3, 2021
Sold by
Rupright James M
Bought by
Barak Group Llc
Seller's Agent
Pam French
Berkshire Hathaway HomeServices Goshen
Buyer's Agent
Tom Canarecci
Coldwell Banker Real Estate Group
List Price
$20,000
Sold Price
$55,500
Premium/Discount to List
$35,500
177.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.47%

Purchase Details

Listed on
Aug 22, 2021
Closed on
Oct 22, 2021
Sold by
Rupright James M
Bought by
Barak Group Llc
Seller's Agent
Pam French
Berkshire Hathaway HomeServices Goshen
Buyer's Agent
Tom Canarecci
Coldwell Banker Real Estate Group
List Price
$20,000
Sold Price
$55,500
Premium/Discount to List
$35,500
177.5%
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
Mccoy Joshua Louis $314,900 Title Resource Agency
Sweeney Mark -- --
Sweeney Mark -- None Listed On Document
Barak Group Llc -- None Listed On Document
Barak Group Llc $13,875 Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Joshua Louis $251,920
Previous Owner Sweeney Mark $278,280
Previous Owner Sweeney Mark $278,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $55,500 +177.5% --
10/08/2021 10/08/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $20,000 -- --
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 $4,219 $293,200 $24,600 $268,600
2022 $4,219 $3,100 $3,100 $0
2021 $52 $3,100 $3,100 $0
2020 $59 $3,100 $3,100 $0
2019 $58 $3,100 $3,100 $0
2018 $61 $3,100 $3,100 $0
2017 $63 $3,100 $3,100 $0
2016 $62 $3,100 $3,100 $0
2014 $64 $3,100 $3,100 $0
2013 $68 $3,100 $3,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam French

    Seller's Agent in 2021

    Pam French

    Berkshire Hathaway HomeServices Goshen

    (574) 534-1010

    4 in this area

    125 Total Sales

    Pam French
    Section Image
  • Tom Canarecci

    Buyer's Agent in 2021

    Tom Canarecci

    Coldwell Banker Real Estate Group

    (574) 298-1153

    7 in this area

    54 Total Sales

    Tom Canarecci
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202134854

Indiana Regional MLS

APN: 20-02-17-429-023.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

26059 Lake Terrace Cir Unit 12, Elkhart, IN

This home is located at 26059 Lake Terrace Cir Unit 12, Elkhart, IN 46514 since 22 August 2021 and is currently estimated at $309,152. 26059 Lake Terrace Cir Unit 12 is a home located in Elkhart County with nearby schools including Mary Feeser Elementary School, North Side Middle School, and Elkhart High School.

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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