$525,000
SOLD MAY 30, 2025

51002 Beach Dr Elkhart, IN 46514

Simonton Lake Neighborhood
3 Beds
2 Baths
1,628 Sq Ft
0.33 Acres

Recently Sold

$322 Per Sq Ft

3% Below List Price

82 Days on Market

Highlights

  • 109 Feet of Waterfront
  • 3 Car Attached Garage
  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Central Air
  • Wood Burning Fireplace

About This Home

As of May 2025

This meticulously maintained 3 bed, 2 bath waterfront property, owned by a single owner for decades, is nestled on a quiet cul-de-sac with 109 feet of channel frontage. Brand new carpet in the basement and Boasting newer luxury hardwood floors, a beautifully landscaped yard with a waterfall centerpiece, and a main level that has been tastefully updated with flooring, kitchen appliances, cabinets. The upstairs' bathroom has also been recently renovated. This tri-level home offers both charm and modern comfort. Enjoy the all-sport Simonton Lake for summer activities, or relax by the wood-burning fireplace in winter. Features include a lawn irrigation system that uses lake water, repoured driveways, pads and steps, three stall garage, regularly serviced mechanicals, and a "floating" boat tie. Cradled by its lake and channel, this move-in-ready residence can also be your escape.

Last Agent to Sell the Property

Jeffrey Binkley

McKinnies Realty, LLC Elkhart Brokerage Phone: 574-849-9258 Listed on: 02/20/2025

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Jill Robinson

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 109x130
  • 109 Feet of Waterfront
  • Home fronts a canal

Parking

  • 3 Car Attached Garage

Home Design

  • Tri-Level Property
  • Masonry Siding
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 1,628 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Exterior Basement Entry
  • 1 Bathroom in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 20-02-15-102-001.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,813

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1973
  • Age: 52
  • Style: Tri-Level
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: In Sw Sw Sec 10 & Pt Nw Nw1/4 Sec 15 .41A
  • Parcel Number ID: 20-02-15-102-001.000-026
  • Platted: Yes
  • Sp Lp Percent: 97.24
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1628
  • Total Finished Sq Ft: 1628
  • Above Grade Finished Sq Ft: 1628
  • Price Per Sq Ft: 322.48
  • Basement: Yes
  • Basement Foundation: Outside Entrance
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 14x10, On Level: Upper
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl, Masonry
  • Outbuilding1: None
  • Channel Canal Frontage: 109
  • Lake Type: Ski Lake
  • Water Frontage: 109
  • Water Name: Simonton Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 28x18
  • Garage Sq Ft: 504
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Water Utilities: City
  • Water Type: Lake

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 109x130
  • Estimated Lot Sq Ft: 14157
  • Estimated Lot Size Acres: 0.33

Tax Info

  • Annual Taxes: 2813

Multi Family

  • Water Access: Channel Front/Canal

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 20, 2025
Closed on
May 30, 2025
Sold by
Massart Terry and Chupp Tracey L
Bought by
Arms Adam L and Arms Brenda
Seller's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
Buyer's Agent
Jill Robinson
eXp Realty, LLC
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Views
73
Current Estimated Value
$522,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,492
Avg. Annual Appreciation
-1.52%
Original Mortgage
$52,500
Outstanding Balance
$52,294
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$470,214

Purchase Details

Closed on
Aug 30, 2023
Sold by
Adams Shirley A
Bought by
Adams Shirley A and Massart Terry
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 -- Metropolitan Title
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,500 New Conventional
Open $420,000 New Conventional
Previous Owner $652,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $420,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $40,000 Credit Line Revolving
Previous Owner $40,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $525,000 -2.8% $322 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $539,900 0.0% $332 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $539,900 -- $332 / 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 $2,813 $329,500 $70,900 $258,600
2022 $2,813 $299,200 $70,900 $228,300
2021 $2,555 $260,800 $70,900 $189,900
2020 $2,597 $240,800 $70,900 $169,900
2019 $2,536 $240,800 $70,900 $169,900
2018 $2,334 $217,800 $69,100 $148,700
2017 $2,124 $196,900 $69,100 $127,800
2016 $1,766 $185,400 $69,100 $116,300
2014 $1,892 $186,700 $69,100 $117,600
2013 $1,973 $186,700 $69,100 $117,600
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Binkley

    Seller's Agent in 2025

    Jeffrey Binkley

    McKinnies Realty, LLC Elkhart

    (574) 849-9258

    4 in this area

    88 Total Sales

    Jeffrey Binkley
    Section Image
  • Jill Robinson

    Buyer's Agent in 2025

    Jill Robinson

    eXp Realty, LLC

    (574) 250-9980

    3 in this area

    116 Total Sales

    Jill Robinson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202505574

Indiana Regional MLS

APN: 20-02-15-102-001.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

51002 Beach Dr, Elkhart, IN

This home is located at 51002 Beach Dr, Elkhart, IN 46514 and is currently priced at $525,000, approximately $322 per square foot. This property was built in 1973. 51002 Beach Dr is a home located in Elkhart County with nearby schools including Osolo 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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