$467,000
SOLD JUN 5, 2025

4016 Timber Ln Elkhart, IN 46514

3 Beds
3 Baths
2,427 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

5% Below List Price

108 Days on Market

Highlights

  • Primary Bedroom Suite
  • Lake, Pond or Stream
  • Stone Countertops
  • Waterfront
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of June 2025

Better Than New in Timberstone Subdivision! This beautifully maintained 3-bedroom, 3-bath waterfront home blends modern design with thoughtful upgrades. The open-concept layout is ideal for both everyday living and entertaining, with a stylish kitchen featuring an generous island, ample storage, and a seamless flow into the living room and dining area. The spacious primary suite offers a peaceful retreat with a custom walk-in closet and en-suite bathroom, while a second bedroom, full bath, and conveniently located laundry room complete the main level. Step outside to the covered patio overlooking the pond perfect for morning coffee or evening relaxation. The lower level adds even more value with a bright family room, a third bedroom with egress windows, a full bath, and plenty of additional storage space. This move-in-ready home offers the perfect blend of style, function, and charm. Come see it for yourself and fall in love!

Last Agent to Sell the Property

Stephen Bizzaro

Howard Hanna SB Real Estate Brokerage Phone: 574-207-7777 Listed on: 02/14/2025

Last Buyer's Agent

Stephen Bizzaro

Howard Hanna SB Real Estate Brokerage Phone: 574-207-7777 Listed on: 02/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 2022

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x149
  • Waterfront
  • Irrigation

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Lake, Pond or Stream
  • Covered Deck

Schools

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

Utilities

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

Community Details

  • Timberstone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-02-25-177-018.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,941

Year Built

Built in 2022

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2022
  • Age: 3
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: TIMBERSTONE FOURTH DPUDLOT 121
  • Parcel Number ID: 20-02-25-177-018.000-027
  • Platted: Yes
  • Amenities: Built-in Desk, Ceiling-9+, Closet(s) Walk-in, Countertops-Stone, Deck Covered, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Irrigation System, Kitchen Island, Range/Oven Hook Up Gas, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 95.33
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3057
  • Total Finished Sq Ft: 2427
  • Above Grade Finished Sq Ft: 1496
  • Below Grade Finished Sq Ft: 931
  • Below Grade Sq Ft: 630
  • Price Per Sq Ft: 312.17
  • Basement: Yes
  • Basement Foundation: Partial Basement, Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 15x12, On Level: Lower
  • Main Level Sq Ft: 1496
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1561

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 425
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Waterfront, Water View
  • Lot Dimensions: 70X149
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24
  • Lot Number: 121

Tax Info

  • Annual Taxes: 3941
  • Exemptions: Homestead

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
Feb 14, 2025
Closed on
May 16, 2025
Sold by
Troyer Braxton and Troyer Lauren
Bought by
Nguyen Had P and Nguyen Thi Hong
Seller's Agent
Stephen Bizzaro
Howard Hanna SB Real Estate
Buyer's Agent
Stephen Bizzaro
Howard Hanna SB Real Estate
List Price
$489,900
Sold Price
$467,000
Premium/Discount to List
-$22,900
-4.67%
Views
213
Current Estimated Value
$454,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,516
Avg. Annual Appreciation
-8.94%
Original Mortgage
$319,997
Outstanding Balance
$319,175
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$135,309

Purchase Details

Listed on
Dec 21, 2022
Closed on
Aug 1, 2023
Sold by
Mj Construction
Bought by
Troyer Braxton and Troyer Lauren
Seller's Agent
Patricia Graham
Keller Williams Realty Group
Buyer's Agent
Patricia Graham
Keller Williams Realty Group
List Price
$442,100
Sold Price
$415,000
Premium/Discount to List
-$27,100
-6.13%
Views
536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$373,500
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2022
Sold by
Back Table Llc
Bought by
Mj Construction

Purchase Details

Closed on
Apr 19, 2022
Sold by
Back Table Llc
Bought by
Mj Construction
Source: Public Records

Range of Values:

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Average Value
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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 -- Meridian Title
Warranty Deed $415,000 Fidelity National Title Compan
Warranty Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,997 New Conventional
Previous Owner $373,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $467,000 -4.7% $192 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $489,900 0.0% $202 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $489,900 +18.0% $202 / Sq Ft
06/30/2023 06/30/23 Sold $415,000 -6.1% $167 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $442,100 -- $177 / 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 $3,956 $402,300 $40,900 $361,400
2022 $13 $400 $400 $0
2021 $12 $400 $400 $0
2020 $13 $400 $400 $0
2019 $13 $400 $400 $0
2018 $13 $400 $400 $0
2017 $13 $400 $400 $0
2016 -- $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202504791

Indiana Regional MLS

APN: 20-02-25-177-018.000-027