3121 Cherry Tree Ln Elkhart, IN 46514
East Lake Neighborhood
4
Beds
2.5
Baths
3,417
Sq Ft
0.29
Acres
Highlights
- In Ground Pool
- Forced Air Heating and Cooling System
- Level Lot
- 2 Car Attached Garage
- Privacy Fence
About This Home
As of January 2025*** BACK ON MARKET DUE TO BUYERS FINANCES!! ** HOME INSPECTION WAS DONE AND APPRASIAL! WE ARE READY FOR A BUYER!!! Beautiful 2 story home with a huge 20 x20 family room with gas fire place, a formal dining room, spacious galley style kitchen with stainless steel appliances. 4 bedrooms, 2.5 baths. Master suite with walk in closet, newly remodeled masterbath room, a partially finished basement a recreation room complete with built in 5.1 surround speakers and two car attached garage. An incredible back yard with a huge deck and a 20' x 40' in ground saltwater pool. Great for entertaining and tons of summer fun! Great location by Walker Park and Bacon Hill
Last Agent to Sell the Property
Coldwell Banker Real Estate Group Listed on: 05/01/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,082
Year Built
- Built in 1975
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 91 x 40
- Privacy Fence
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- Partially Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- In Ground Pool
- Forced Air Heating and Cooling System
Community Details
- Community Pool
Listing and Financial Details
- Assessor Parcel Number 20-02-27-478-005.000-027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2024
Closed on
Jan 10, 2025
Sold by
Nesbitt Aaron Nickolas and Nesbitt Kelsey
Bought by
Knight Nicholas Brandon
Seller's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Amanda Kindley
Brick Built Real Estate
List Price
$374,900
Sold Price
$337,000
Premium/Discount to List
-$37,900
-10.11%
Total Days on Market
56
Views
189
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,260
Avg. Annual Appreciation
0.80%
Original Mortgage
$337,000
Outstanding Balance
$336,114
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
$2,393
Purchase Details
Closed on
Apr 15, 2022
Sold by
Claeys Casey J and Claeys Kathleen L
Bought by
Nesbitt Aaron Nickolas and Nesbitt Kelsey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
3.76%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 31, 2017
Sold by
Freehafer Leif M and Freehafer Kathryn A
Bought by
Claeys Casey J and Claeys Kathleen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,597
Interest Rate
4.12%
Mortgage Type
FHA
Similar Homes in Elkhart, IN
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title Compan | |
| Warranty Deed | $310,000 | Drake Andrew R | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,000 | VA | |
| Previous Owner | $304,385 | FHA | |
| Previous Owner | $226,000 | Credit Line Revolving | |
| Previous Owner | $210,597 | FHA | |
| Previous Owner | $170,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $35,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $337,000 | -3.7% | $118 / Sq Ft |
| 10/21/2024 10/21/24 | Price Changed | $349,900 | -4.1% | $122 / Sq Ft |
| 09/25/2024 09/25/24 | Price Changed | $364,900 | -1.4% | $128 / Sq Ft |
| 09/25/2024 09/25/24 | Price Changed | $369,900 | -1.3% | $129 / Sq Ft |
| 09/10/2024 09/10/24 | For Sale | $374,900 | +74.4% | $131 / Sq Ft |
| 10/05/2017 10/05/17 | Sold | $215,000 | -6.1% | $63 / Sq Ft |
| 06/26/2017 06/26/17 | Pending | -- | -- | -- |
| 05/01/2017 05/01/17 | For Sale | $229,000 | -- | $67 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,548 | $323,800 | $32,900 | $290,900 |
| 2022 | $3,548 | $257,600 | $32,900 | $224,700 |
| 2021 | $2,901 | $240,300 | $32,900 | $207,400 |
| 2020 | $3,066 | $234,500 | $32,900 | $201,600 |
| 2019 | $2,845 | $219,000 | $32,900 | $186,100 |
| 2018 | $2,531 | $193,500 | $26,200 | $167,300 |
| 2017 | $2,196 | $166,900 | $26,200 | $140,700 |
| 2016 | $2,097 | $158,400 | $26,200 | $132,200 |
| 2014 | $2,040 | $154,700 | $26,200 | $128,500 |
| 2013 | $3,289 | $154,700 | $26,200 | $128,500 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jennea Schirr
McKinnies Realty, LLC Elkhart
-
A
Buyer's Agent in 2025
Amanda Kindley
Brick Built Real Estate
-
J
Seller's Agent in 2017
Jackie Mahony
Coldwell Banker Real Estate Group
Map
Source: Indiana Regional MLS
MLS Number: 201718617
APN: 20-02-27-478-005.000-027
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