NOT LISTED FOR SALE

29973 Velma Ln Elkhart, IN 46514

Estimated Value: $237,763 - $265,000

3 Beds
2 Baths
1,400 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $92,000 $66 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,460/month

42 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Property is Fully Fenced
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of February 2013

3 BEDROOM 2 BATH RANCH ON DEEPLOT IN CLEVELAND ESTATES. NEW ROOF INSTALLED IN NOVEMBER OF 2012. THIS IS A GREAT FIRST ENTRY LEVEL HOME - DON'T MISS THE FAMILY ROOM ON THE FIRST FLOOR OR THE FINISHED REC ROOM IN THE BASEMENT.

Last Agent to Sell the Property

Carla Myers

RE/MAX 100 Listed on: 12/21/2012

RE/MAX 100

Last Buyer's Agent

Tracy Jones

Re/Max Excellence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 203x100
  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ventless Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 29973VELMALANE

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1977
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 18 Cleveland Estates
  • Parcel Number ID: 29973VELMALANE
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen
  • Grid: Elkhart
  • Sp Lp Percent: 0.97
  • State Id: 29973VELMALANE
  • Special Features: None

Interior Features

  • Total Sq Ft: 1400
  • Total Finished Sq Ft: 1400
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 600
  • Price Per Sq Ft: 65.71
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Fireplace: Ventless
  • Flooring: Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Basement
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1200

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Fence: Full

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

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

Schools

  • School District: Elkhart Community Schools

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 203x100

Tax Info

  • Annual Taxes: 612.96
  • Total Assessed Value: 112400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2012
Closed on
Feb 25, 2013
Sold by
Garver Iva Blanche and Garver Jacob Benjamin
Bought by
Borkholder Patricia
Seller's Agent
Carla Myers
RE/MAX 100
Buyer's Agent
Tracy Jones
Re/Max Excellence
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%
Current Estimated Value
$249,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,441
Avg. Annual Appreciation
8.21%
Original Mortgage
$90,333
Outstanding Balance
$66,167
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$183,274
Source: Public Records

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

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
Borkholder Patricia -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borkholder Patricia $90,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2013 02/25/13 Sold $92,000 -3.2% $66 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $95,000 -- $68 / 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 $1,652 $208,200 $18,900 $189,300
2022 $1,652 $183,800 $18,900 $164,900
2021 $1,482 $171,100 $18,900 $152,200
2020 $1,162 $151,600 $18,900 $132,700
2019 $1,155 $136,000 $18,900 $117,100
2018 $990 $120,400 $18,900 $101,500
2017 $1,009 $119,300 $18,900 $100,400
2016 $889 $111,000 $18,900 $92,100
2014 $897 $108,300 $18,900 $89,400
2013 $986 $108,300 $18,900 $89,400
Source: Public Records

Agents Affiliated with this Home

  • Carla Myers

    Seller's Agent in 2013

    Carla Myers

    RE/MAX

    (574) 993-0467

    48 Total Sales

    Carla Myers
    Section Image

  • T

    Buyer's Agent in 2013

    Tracy Jones

    RE/MAX

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 645627

Indiana Regional MLS

APN: 20-01-26-301-005.000-005

Indiana Elkhart County Elkhart 46514

29973 Velma Ln, Elkhart, IN

This home is located at 29973 Velma Ln, Elkhart, IN 46514 since 21 December 2012 and is currently estimated at $249,441, approximately $178 per square foot. This property was built in 1977. 29973 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.

Nearby Homes