NOT LISTED FOR SALE

51040 Shady Ln Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $266,164 - $293,000

4 Beds
2.5 Baths
1,859 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $244,000 $131 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,695/month

39 Days on Market

Highlights

  • Waterfront
  • 2 Car Attached Garage
  • Patio
  • Lake, Pond or Stream
  • Eat-In Kitchen
  • Entrance Foyer

About This Home

As of October 2022

THIS HOME HAS SPACE GALORE, INCLUDING A LOVELY BACKYARD BY THE POND & GREAT DECK AND A PATIO FOR OUTSIDE ENTERTAINING. YOU'LL BE GREETED BY THE SOFT SOUND OF THE WATER FALL AS YOU ENTER YOUR FRONT DOOR. WITH A LIVING ROOM, FAMILY ROOM, DINING ROOM AND AN EXTRA ROOM ON THE LOWER LEVEL, YOU'LL HAVE PLENTY OF SPACE FOR INDOOR ENTERTAINMENT AS WELL. WITH YOUR TLC, YOU CAN MAKE EACH SPACE THE PERFECT SPACE YOU'VE ALWAYS DREAMED OF.

Last Agent to Sell the Property

Scott Hammontree

Cressy & Everett- Elkhart Listed on: 08/02/2022

Cressy & Everett- Elkhart

Last Buyer's Agent

Chantel Boone

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 106 x 191
  • Waterfront
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage

Home Design

  • Quad-Level Property
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • Entrance Foyer
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Schools

  • Mary Feeser Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

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

Community Details

  • Sturdy Oak Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-02-17-103-004.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,337

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1972
  • Age: 50
  • Style: Quad-Level
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: STURDY OAK SIXTH SD LOT 48
  • Parcel Number ID: 20-02-17-103-004.000-026
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Foyer Entry, Patio Open
  • Sp Lp Percent: 92.25
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2050
  • Total Finished Sq Ft: 1859
  • Above Grade Finished Sq Ft: 1499
  • Below Grade Finished Sq Ft: 360
  • Below Grade Sq Ft: 191
  • Price Per Sq Ft: 162.78
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 21x15, On Level: Lower
  • Recreation Room: Dimensions: 20x18, On Level: Basement
  • Bedroom 1: Dimensions: 16x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 551

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x21
  • Garage Sq Ft: 525
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 106 X 191
  • Estimated Lot Sq Ft: 20038
  • Estimated Lot Size Acres: 0.46

Tax Info

  • Annual Taxes: 1336.62

MLS Schools

  • High School: Elkhart
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 20, 2022
Sold by
Crouch Debora
Bought by
Eaton Joshua and Oliva Arlette Maria
Seller's Agent
Scott Hammontree
Cressy & Everett- Elkhart
Buyer's Agent
Chantel Boone
RE/MAX Results-Goshen
List Price
$275,000
Sold Price
$244,000
Premium/Discount to List
-$31,000
-11.27%
Total Days on Market
39
Views
113
Current Estimated Value
$283,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,291
Avg. Annual Appreciation
5.75%
Original Mortgage
$141,500
Outstanding Balance
$136,806
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$146,485

Purchase Details

Closed on
Mar 21, 2022
Sold by
Crouch Debora
Bought by
Crouch Debora and Crouch James Andrew
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Eaton Joshua -- Metropolitan Title
Crouch Debora -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton Joshua $141,500
Previous Owner Crough Deborah $45,500
Previous Owner Crouch Debora $78,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $244,000 -7.8% $131 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $264,500 -3.8% $142 / Sq Ft
08/02/2022 08/02/22 For Sale $275,000 -- $148 / 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 $1,326 $204,700 $27,000 $177,700
2022 $1,326 $186,200 $27,000 $159,200
2021 $1,352 $171,500 $27,000 $144,500
2020 $1,320 $155,900 $27,000 $128,900
2019 $1,222 $148,700 $27,000 $121,700
2018 $1,163 $139,700 $22,200 $117,500
2017 $1,151 $136,200 $22,200 $114,000
2016 $1,018 $127,400 $22,200 $105,200
2014 $992 $124,000 $22,200 $101,800
2013 $1,058 $124,000 $22,200 $101,800
Source: Public Records

Agents Affiliated with this Home

  • Scott Hammontree

    Seller's Agent in 2022

    Scott Hammontree

    Cressy & Everett- Elkhart

    (574) 849-8464

    7 in this area

    115 Total Sales

    Scott Hammontree
    Section Image
  • Chantel Boone

    Buyer's Agent in 2022

    Chantel Boone

    RE/MAX

    (574) 202-4408

    16 in this area

    229 Total Sales

    Chantel Boone
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202231912

Indiana Regional MLS

APN: 20-02-17-103-004.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

51040 Shady Ln, Elkhart, IN

This home is located at 51040 Shady Ln, Elkhart, IN 46514 since 02 August 2022 and is currently estimated at $283,291, approximately $152 per square foot. This property was built in 1972. 51040 Shady Ln is a home located in Elkhart County with nearby schools including Mary Feeser 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.

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