NOT LISTED FOR SALE

50918 Cottage Ave Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $276,453 - $311,000

3 Beds
2 Baths
2,022 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $120,000 $59 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,811/month

134 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake, Pond or Stream
  • Porch
  • Primary Bedroom Suite
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of March 2015

Lake access without the lake price! Don't miss this 2022 square foot home with 3 bedrooms and 2 bathrooms. This home has updated kitchen and bathrooms. It sits on a large lot with an attached 2 car garage and extra parking along the side for your boat and/or jet ski! There is a great deck to enjoy on the back of the home. You can also entertain inside in your open concept living area. Main floor laundry.

Last Agent to Sell the Property

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 10/17/2014

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Patricia Miller

Century 21 Circle

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 125 x 112
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Lake, Pond or Stream
  • Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 20-02-08-478-002.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,017

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1985
  • Age: 30
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: COTTAGE PARK 2ND SD LOT 60
  • Parcel Number ID: 20-02-08-478-002.000-026
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Deck Open, Porch Open, Range/Oven Hook Up Gas, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.38
  • Special Features: None

Interior Features

  • Total Sq Ft: 3522
  • Total Finished Sq Ft: 2022
  • Above Grade Finished Sq Ft: 2022
  • Below Grade Sq Ft: 1500
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 20x27, On Level: Main
  • Kitchen: Dimensions: 10x13, On Level: Main
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 11x23, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 11x15, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1500

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Water Features: Walk to Lake Access, Deeded
  • Water Name: Simonton Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x22
  • Garage Sq Ft: 462

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 12xMain, On Level: 6
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 125 x 112
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Tax Info

  • Annual Taxes: 1017
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Mar 27, 2015
Sold by
Morton Pamela J
Bought by
Sebesta Barry
Seller's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Patricia Miller
Century 21 Circle
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
134
Current Estimated Value
$291,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,113
Avg. Annual Appreciation
9.08%
Original Mortgage
$96,000
Outstanding Balance
$56,836
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$234,277

Purchase Details

Closed on
Oct 26, 2007
Sold by
Lasalle Bank Na
Bought by
Morton Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Wilson Russell and Wilson Mandy
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Apr 15, 2004
Sold by
Raeder Clifford G and Raeder Dianna L
Bought by
Wilson Russell and Wilson Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Baldwin Chad M
Bought by
E R I Housing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.06%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Sebesta Barry -- Hamilton National Title Llc
Morton Pamela J -- Investors Titlecorp
Lasalle Bank Na $118,454 None Available
Wilson Russell -- --
E R I Housing Inc -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebesta Barry $96,000
Previous Owner Morton Pamela J $95,220
Previous Owner Morton Pamela J $9,500
Previous Owner Morton Pamela J $76,500
Previous Owner Wilson Russell $102,800
Previous Owner E R I Housing Inc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $120,000 -7.6% $59 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $129,900 -- $64 / 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 $2,127 $275,700 $21,200 $254,500
2022 $2,127 $230,100 $21,200 $208,900
2021 $1,552 $189,200 $21,200 $168,000
2020 $1,467 $167,400 $21,200 $146,200
2019 $1,328 $157,000 $21,200 $135,800
2018 $1,311 $150,800 $18,500 $132,300
2017 $1,223 $141,300 $18,500 $122,800
2016 $1,146 $136,900 $18,500 $118,400
2014 $1,078 $130,100 $18,500 $111,600
2013 -- $130,100 $18,500 $111,600
Source: Public Records

Agents Affiliated with this Home

  • Craig Culver

    Seller's Agent in 2015

    Craig Culver

    Berkshire Hathaway HomeServices Elkhart

    (574) 651-5341

    1 in this area

    114 Total Sales

    Craig Culver
    Section Image
  • Patricia Miller

    Buyer's Agent in 2015

    Patricia Miller

    Century 21 Circle

    (574) 202-1778

    1 in this area

    116 Total Sales

    Patricia Miller
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201446033

Indiana Regional MLS

APN: 20-02-08-478-002.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

50918 Cottage Ave, Elkhart, IN

This home is located at 50918 Cottage Ave, Elkhart, IN 46514 since 17 October 2014 and is currently estimated at $291,113, approximately $143 per square foot. This property was built in 1985. 50918 Cottage Ave 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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