NOT LISTED FOR SALE

51318 Forest Rd Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $472,000 - $714,000

33 Acres
$17,314 Price per Acre
1,444,014 Sq Ft Lot

Last Sold October 01, 2013

Last sale price $135,000

Est. 325% increase in value since last sale

Current estimated payment $3,567/month

22 Days on Market

About This Lot

As of October 2013

BUILD YOUR DREAM HOME ON SIMONTON LAKE! ONE OF LARGEST LOTS ON SIMONTON LAKE WITH 169 FT OF LAKE FRONTAGE AND A SEAWALL. THIS LOT IS LOCATED AT THE END OF A CUL-DE-SAC STREET AND IS ALSO LOCATED AT THE BEGINNING OF A CHANNEL. GREAT BOATING COMMUNITY VISIT THE THE SIMONTON LAKE WEB SITE TO SEE WHAT IT IS ALL ABOUT. HTTP://WWW.SIMONTONLAKE.ORG. SIMONTON LAKE IS LOCATED ON THE NORTHSIDE OF ELKHART COUNTY. EASY ACCESS TO THE TOLL ROAD.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 07/31/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tim Murray

Coldwell Banker Real Estate Group Listed on: 07/31/2013

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,889

Lot Details

  • Lot Dimensions are 152x95
  • Waterfront
  • Finished Lot(s)

Listing and Financial Details

  • Assessor Parcel Number 51318FORESTRD

Property Details

Property Type

Land

Est. Annual Taxes

$1,889

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Suburan EstatesSD-Lot 2 |
  • Parcel Number ID: 51318FORESTRD
  • Platted: Yes
  • Grid: Elkhart
  • Sp Lp Percent: 0.85
  • State Id: 51318FORESTRD
  • Parcel Description: Waterfront
  • Special Features: None

Schools

  • School District: Elkhart Community Schools

Lot Info

  • Lot Dimensions: 152x95

Tax Info

  • Annual Taxes: 1889

MLS Schools

  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Oct 1, 2013
Sold by
Risner David W
Bought by
Ballard Mary Anne
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$230,000
Sold Price
$135,000
Premium/Discount to List
-$95,000
-41.3%
Current Estimated Value
$573,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,954
Avg. Annual Appreciation
13.35%
Original Mortgage
$108,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2007
Sold by
Risner Dorothy L
Bought by
Risner Dorothy L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ballard Mary Anne -- None Available
Risner Dorothy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Mary Anne $50,000
Open Ballard Mary Anne $337,300
Closed Ballard Mary Anne $337,300
Closed Ballard Mary Anne $50,000
Closed Ballard Mary Anne $50,000
Closed Ballard Mary Anne $338,400
Closed Ballard Mary A $336,000
Closed Ballard Mary Anne $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2013 10/01/13 Sold $135,000 -41.3% --
08/22/2013 08/22/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $230,000 -- --
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 $5,091 $530,600 $93,000 $437,600
2022 $4,873 $487,900 $93,000 $394,900
2021 $4,600 $441,000 $93,000 $348,000
2020 $4,811 $415,200 $93,000 $322,200
2019 $4,538 $395,100 $93,000 $302,100
2018 $4,453 $378,100 $93,000 $285,100
2017 $4,302 $361,600 $93,000 $268,600
2016 $3,560 $325,000 $93,000 $232,000
2014 $1,908 $93,000 $93,000 $0
2013 $2,035 $93,000 $93,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Murray

    Seller's Agent in 2013

    Tim Murray

    Coldwell Banker Real Estate Group

    (574) 286-3944

    10 in this area

    364 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 677388

Indiana Regional MLS

APN: 20-02-16-252-002.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

51318 Forest Rd, Elkhart, IN

This home is located at 51318 Forest Rd, Elkhart, IN 46514 since 31 July 2013 and is currently estimated at $573,954. 51318 Forest Rd 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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