NOT LISTED FOR SALE

51078 Sail Bay Ct Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $642,407 - $671,000

4 Beds
4 Baths
3,434 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $412,000 $120 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,039/month

16 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Craftsman Architecture

About This Home

As of July 2020

MAKE AN OFFER! MOTIVATED SELLERS! Lovely custom ranch home on beautiful channel to Simonton Lake. Open concept, bright and airy. Custom built kitchen is top of the line, with stone countertops, double oven (one is convention), walk-in pantry. Handicap accessible from over sized garage to front handicap fitted bedroom (with its own full accessible shower.) Great room and dining room area have water views. View the water from the master bedroom also, with walk in closet. Ensuite bath has garden tub plus spacious tiled shower. Huge wrap around deck overlooking the water. Lower level has huge family room with water views from daylight windows, two more bedrooms, an office nook and full bath. North yard is fenced in. Nice 48 foot steel pier with room for multiple watercraft. Channel to all sports lake. Sewer comes from Simonton Lake Conservancy.

Last Listed By

Barbara Campbell

RE/MAX Oak Crest - Elkhart Listed on: 05/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 2010

Lot Details

  • 0.44 Acre Lot
  • 124 Feet of Waterfront
  • Home fronts a canal
  • Backs to Open Ground
  • Cul-De-Sac
  • Partially Fenced Property
  • Aluminum or Metal Fence
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement
  • Natural lighting in basement

Accessible Home Design

  • ADA Inside

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-02-15-105-005.000-026

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Sunset Bay Subdivision
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2010
  • Age: 10
  • Style: One Story
  • Architectural Style: Craftsman
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Sunset Bay Lot 7
  • Parcel Number ID: 20-02-15-105-005.000-026
  • Platted: Yes
  • Amenities: ADA Features, Alarm System-Security, Breakfast Bar, Cable Ready, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Gas, Eat-In Kitchen, Firepit, Garage Door Opener, Garden Tub, Landscaped, Open Floor Plan, Pantry-Walk In, Split Br Floor Plan, Utility Sink, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up, Custom Cabinetry
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 93.02
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4851
  • Total Finished Sq Ft: 3434
  • Above Grade Finished Sq Ft: 1717
  • Below Grade Finished Sq Ft: 1717
  • Below Grade Sq Ft: 1417
  • Price Per Sq Ft: 239.95
  • Basement: Yes
  • Basement Foundation: Daylight, Finished, Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 31x16, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: On Level: Main
  • Recreation Room: Dimensions: 34x20, On Level: Lower
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Lower
  • Bedroom 4: Dimensions: 11x7, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 3134

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None
  • Channel Canal Frontage: 124
  • Fence: Partial, Metal
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 124
  • Water Name: Simonton Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x24
  • Garage Sq Ft: 672
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx7, On Level: 10
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Waterfront, 0-2.9999, Lake, Water View
  • Lot Dimensions: 151 x 127 approx
  • Estimated Lot Sq Ft: 19166
  • Estimated Lot Size Acres: 0.44
  • Lot Number: 7

Tax Info

  • Annual Taxes: 4309
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 31, 2020
Sold by
Ferro Gregory A and Ferro Jodi L
Bought by
Messana Todd M
Seller's Agent
Barbara Campbell
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Mymi Nguyen
Tiffany Group Real Estate Advisors LLC
List Price
$459,900
Sold Price
$412,000
Premium/Discount to List
-$47,900
-10.42%
Total Days on Market
16
Current Estimated Value
$653,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,102
Avg. Annual Appreciation
9.57%
Original Mortgage
$329,600
Outstanding Balance
$298,064
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$340,218

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 22, 2020
Sold by
Ferro Gregory A and Ferro Jodi L
Bought by
Messana Todd M
Seller's Agent
Barbara Campbell
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Mymi Nguyen
Tiffany Group Real Estate Advisors LLC
List Price
$459,900
Sold Price
$412,000
Premium/Discount to List
-$47,900
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Outstanding Balance
$298,064
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$340,218

Purchase Details

Closed on
Jun 30, 2010
Sold by
Ferro Gregory A and Ferro Jodi L
Bought by
Ferro Gregory A and Ferro Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,015
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2010
Sold by
Ferro Gregory A and Ferro Jodi L
Bought by
Ferro Gregory A and Ferro Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,822
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Howell Family Lp
Bought by
Ferro Gregory A and Ferro Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Messana Todd M $438,368 Drake Andrew R
Messana Todd M $438,368 Drake Andrew R
Ferro Gregory A -- Meridian Title Corp
Ferro Gregory A -- Meridian Title Corp
Ferro Gregory A -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messana Todd M $50,000
Open Messana Todd M $329,600
Closed Messana Todd M $329,600
Previous Owner Ferro Gregory A $50,000
Previous Owner Ferro Gregory A $50,000
Previous Owner Ferro Gregory A $285,400
Previous Owner Ferro Gregory A $236,251
Previous Owner Ferro Gregory A $238,015
Previous Owner Ferro Gregory A $233,822
Previous Owner Ferro Gregory A $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $412,000 -7.0% $120 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $442,900 -1.6% $129 / Sq Ft
06/07/2020 06/07/20 Price Changed $449,900 -2.2% $131 / Sq Ft
05/27/2020 05/27/20 For Sale $459,900 -- $134 / 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 $5,021 $563,600 $81,300 $482,300
2022 $5,021 $492,200 $81,300 $410,900
2021 $4,457 $431,400 $81,300 $350,100
2020 $4,606 $395,100 $82,600 $312,500
2019 $4,638 $398,500 $82,600 $315,900
2018 $4,309 $365,600 $69,400 $296,200
2017 $3,880 $326,000 $69,400 $256,600
2016 $3,313 $305,400 $69,400 $236,000
2014 $2,536 $239,800 $69,400 $170,400
2013 $2,398 $239,800 $69,400 $170,400
Source: Public Records

Agents Affiliated with this Home

  • Barbara Campbell

    Seller's Agent in 2020

    Barbara Campbell

    RE/MAX

    Section Image
  • Mymi Nguyen

    Buyer's Agent in 2020

    Mymi Nguyen

    Tiffany Group Real Estate Advisors LLC

    (574) 344-6981

    1 in this area

    25 Total Sales

    Mymi Nguyen
    Section Image
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Map

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Source: Indiana Regional MLS

MLS Number: 202019163

Indiana Regional MLS

APN: 20-02-15-105-005.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

51078 Sail Bay Ct, Elkhart, IN

Homes for Sale in Elkhart, IN

This home is located at 51078 Sail Bay Ct, Elkhart, IN 46514 since 27 May 2020 and is currently estimated at $653,102, approximately $190 per square foot. This property was built in 2010. 51078 Sail Bay Ct 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.