NOT LISTED FOR SALE

51174 N Shore Dr Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $406,000 - $629,000

3 Beds
1.5 Baths
1,648 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $400,000 $243 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,130/month

99 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Vaulted Ceiling
  • 2 Car Detached Garage
  • Lake Property
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of February 2023

Step right in to this GORGEOUS Simonton Lake home! Wake up to waterfront views from the large master bedroom plus an additional 2 bedrooms and full bath on the main level. With over 1600SF of living space, with a great entryway, 1/2 bath, and open concept living room will pull you in. Cathedral ceiling is charming and the loft area is open for entertaining and an additional bedroom/play area. Two car detached garage and plenty of lake frontage on this all sports prime big lake location, sandy bottom, swimming is great! There is a new all stone seawall that will save you all the work. No matter the season, this property on Simonton Lake is a great place to call home!

Last Agent to Sell the Property

Darryl Riegsecker

RE/MAX Results Listed on: 10/10/2022

RE/MAX Results

Last Buyer's Agent

David Stump

Berkshire Hathaway HomeServices Goshen

Berkshire Hathaway HomeServices Goshen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 42 x 190
  • 40 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Partially Finished Basement
  • Michigan Basement
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Outdoor Features

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

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-02-17-226-023.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,290

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Age: 103
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: TBD it is lot 22
  • Parcel Number ID: 20-02-17-226-023.000-026
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Countertops-Laminate, Dryer Hook Up Gas, Garage Door Opener, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 89.09
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2432
  • Total Finished Sq Ft: 1648
  • Above Grade Finished Sq Ft: 1648
  • Below Grade Sq Ft: 784
  • Price Per Sq Ft: 242.72
  • Basement: Yes
  • Basement Foundation: Partial Basement, Michigan Basement, Unfinished
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 15x21, On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 17x11, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 784

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 40
  • Water Name: Simonton Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x23
  • Garage Sq Ft: 690
  • Garage: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999
  • Lot Dimensions: 42 x 190

Tax Info

  • Annual Taxes: 3290
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Lakefront

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
Oct 10, 2022
Closed on
Feb 15, 2023
Sold by
Saleh Abdallah R and Saleh Cami L
Bought by
Yoder Brenda R
Seller's Agent
Darryl Riegsecker
RE/MAX Results
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$579,000
Sold Price
$400,000
Premium/Discount to List
-$179,000
-30.92%
Views
122
Current Estimated Value
$519,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,109
Avg. Annual Appreciation
10.34%
Original Mortgage
$200,000
Outstanding Balance
$193,893
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$325,216

Purchase Details

Listed on
Oct 10, 2022
Closed on
Feb 13, 2023
Sold by
Saleh Abdallah R and Saleh Cami L
Bought by
Yoder Brenda R
Seller's Agent
Darryl Riegsecker
RE/MAX Results
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$579,000
Sold Price
$400,000
Premium/Discount to List
-$179,000
-30.92%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$193,893
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$325,216

Purchase Details

Closed on
Jul 16, 2021
Sold by
Franklin Molebash R and Franklin Martha A
Bought by
Saleh Abdallah R and Saleh Cami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2021
Sold by
Molebash Martha A and Parker Joan
Bought by
Saleh Abdallah R and Saleh Cami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
R Franklin Molebash 1997 Revocable Trust
Bought by
Revo Franklin R and Revo Martha A Molebash 2004
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 Buyer Sale Price Title Company
Yoder Brenda R $400,000 --
Yoder Brenda R -- None Listed On Document
Saleh Abdallah R -- None Listed On Document
Saleh Abdallah R -- Meridian Title
Revo Franklin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoder Brenda R $200,000
Closed Yoder Brenda R $200,000
Previous Owner Saleh Abdallah R $240,000
Previous Owner Saleh Abdallah R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2023 02/13/23 Sold $400,000 -10.9% $243 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $449,000 -10.0% $272 / Sq Ft
11/01/2022 11/01/22 Price Changed $499,000 -5.7% $303 / Sq Ft
10/14/2022 10/14/22 Price Changed $529,000 -8.6% $321 / Sq Ft
10/10/2022 10/10/22 For Sale $579,000 -- $351 / 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 $4,402 $522,300 $144,500 $377,800
2023 $4,402 $487,900 $144,500 $343,400
2022 $3,893 $381,400 $128,400 $253,000
2021 $3,289 $323,900 $128,400 $195,500
2020 $5,693 $289,200 $128,400 $160,800
2019 $5,168 $263,800 $128,400 $135,400
2018 $5,576 $272,400 $137,000 $135,400
2017 $5,157 $243,900 $137,000 $106,900
2016 $4,495 $225,800 $137,000 $88,800
2014 $4,544 $221,500 $137,000 $84,500
2013 $4,430 $221,500 $137,000 $84,500
Source: Public Records

Agents Affiliated with this Home

  • Darryl Riegsecker

    Seller's Agent in 2023

    Darryl Riegsecker

    RE/MAX

    (574) 534-1010

    18 in this area

    75 Total Sales

    Darryl Riegsecker
    Section Image
  • David Stump

    Buyer's Agent in 2023

    David Stump

    Berkshire Hathaway HomeServices Goshen

    (574) 238-0929

    3 in this area

    80 Total Sales

    David Stump
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202242089

Indiana Regional MLS

APN: 20-02-17-226-023.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

51174 N Shore Dr, Elkhart, IN

This home is located at 51174 N Shore Dr, Elkhart, IN 46514 since 10 October 2022 and is currently estimated at $519,109, approximately $314 per square foot. This property was built in 1920. 51174 N Shore Dr 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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