NOT LISTED FOR SALE

29972 Velma Ln Elkhart, IN 46514

Estimated Value: $245,000 - $271,000

4 Beds
2 Baths
1,536 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $175,000 $114 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,522/month

36 Days on Market

Highlights

  • Whirlpool Bathtub
  • 2 Car Attached Garage
  • 1-Story Property
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Nice well maintained 4 bedroom 2 bath home, that is move in ready. Home is located close to schools and shopping. Home has many updates that have been done over the last few years. Master bath features a Jet tub and heated floors with a large walk in closet. Home has newer updated Kitchen, generator and hookup and the ability to have main floor laundry if wanted and new windows installed in 2016 and A/C (2018). You will love the back yard and all the space and feel of being alone in the county, but still close to everything. The yard is fenced and has several decks including a large 16x14 covered deck. Don't let this home slip past without seeing it.

Last Agent to Sell the Property

Erick Jones

RE/MAX Oak Crest - Elkhart Listed on: 01/12/2020

RE/MAX Oak Crest - Elkhart

Last Buyer's Agent

Courtney Vanslager

Howard Hanna SB Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,037

Year Built

  • Built in 1978

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 101x200
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laundry on main level
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cleveland Elementary School
  • West Side Middle School
  • Elkhart Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Generator Hookup
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Cleveland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-01-26-302-002.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,037

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 42
  • Style: One Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: CLEVELAND ESTATES LOT 15
  • Parcel Number ID: 20-01-26-302-002.000-005
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Deck Open, Disposal, Eat-In Kitchen, Garage Door Opener, Jet Tub, Generator Ready, Patio Covered, Main Floor Laundry
  • Sp Lp Percent: 100.06
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3072
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Below Grade Sq Ft: 1536
  • Price Per Sq Ft: 113.93
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 8x8, On Level: Main
  • Bedroom 4: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1536

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Cleveland
  • Middle School: West Side
  • High School: Elkhart Memorial
  • Elementary School: Cleveland

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 101x200
  • Estimated Lot Sq Ft: 20212
  • Estimated Lot Size Acres: 0.464

Tax Info

  • Annual Taxes: 1037

MLS Schools

  • High School: Elkhart Memorial
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Feb 26, 2020
Sold by
Peterson Rodney L and Peterson Anne Karen
Bought by
Newbraugh Preston and Newbraugh Alexis
Seller's Agent
Erick Jones
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Courtney Vanslager
Howard Hanna SB Real Estate
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$258,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,005
Avg. Annual Appreciation
7.16%
Original Mortgage
$171,830
Outstanding Balance
$152,467
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$105,538

Purchase Details

Listed on
Jan 12, 2020
Closed on
Feb 20, 2020
Sold by
Peterson Rodney L and Peterson Anne Karen
Bought by
Newbraugh Preston and Newbraugh Alexis
Seller's Agent
Erick Jones
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Courtney Vanslager
Howard Hanna SB Real Estate
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Outstanding Balance
$152,467
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$105,538

Purchase Details

Closed on
Jun 3, 2008
Sold by
Peterson Rodney L and Clark Lucille A
Bought by
Peterson Rodney L and Peterson Karen Anne

Purchase Details

Closed on
Mar 1, 2005
Sold by
Schrock Thomas E and Schrock Mark E
Bought by
Peterson Rodney L and Clark Lucille A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,850
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Newbraugh Preston $173,548 Metropolitan Title
Newbraugh Preston $173,548 Metropolitan Title
Peterson Rodney L -- None Available
Peterson Rodney L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbraugh Preston $171,830
Closed Newbraugh Preston $171,830
Previous Owner Peterson Rodney L $114,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $175,000 +0.1% $114 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $174,900 -- $114 / 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 $1,852 $218,800 $19,100 $199,700
2022 $1,190 $189,000 $19,100 $169,900
2021 $1,546 $177,300 $19,100 $158,200
2020 $1,205 $151,700 $19,100 $132,600
2019 $1,182 $138,800 $19,100 $119,700
2018 $1,037 $124,500 $19,100 $105,400
2017 $1,022 $120,900 $19,100 $101,800
2016 $923 $114,000 $19,100 $94,900
2014 $973 $113,900 $19,100 $94,800
2013 $1,069 $113,900 $19,100 $94,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Erick Jones

    RE/MAX

    Section Image
  • Courtney Vanslager

    Buyer's Agent in 2020

    Courtney Vanslager

    Howard Hanna SB Real Estate

    (574) 315-3247

    151 Total Sales

    Courtney Vanslager
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202001342

Indiana Regional MLS

APN: 20-01-26-302-002.000-005

Indiana Elkhart County Elkhart 46514

29972 Velma Ln, Elkhart, IN

This home is located at 29972 Velma Ln, Elkhart, IN 46514 since 12 January 2020 and is currently estimated at $258,005, approximately $167 per square foot. This property was built in 1978. 29972 Velma Ln is a home located in Elkhart County with nearby schools including Cleveland Elementary School, West 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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