NOT LISTED FOR SALE

51607 County Road 109 Elkhart, IN 46514

Simonton Lake Neighborhood

Estimated Value: $188,000 - $236,000

4 Beds
2 Baths
1,632 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $122,000 $75 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,216/month

Highlights

  • Access To Lake
  • Baseboard Heating
  • Carpet
  • Lake Property
  • Level Lot
  • 1-Story Property

About This Home

As of October 2019

Great location with Simonton Lake access on the same street! The unit showing in the pictures has just been updated and is currently under a one year lease (Oct 2019). The layout is the same in the neighboring unit. Duplex has had a very successful rental history since it was built in 1974. Both units come complete with kitchen appliances, window AC units and washer and dryer hook up. One unit has new kitchen cabinets, new carpet throughout and newer windows. Each has their own driveway for off street parking. Unlike many others in the area, these have full basements. Tucked away off of CR 4 but convenient to shopping, restaurants, toll road and lake access.

Last Agent to Sell the Property

Shannon Coulom

Milestone Realty, LLC Listed on: 06/04/2019

Last Buyer's Agent

Carolee Dalrymple

Irish Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1974

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 80 x 180
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Lake Property

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance
  • Assessor Parcel Number 20-02-16-328-006.000-026

Community Details

Overview

  • 2 Units
  • Simonton Lake Manor Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $900
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Age: 45
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SIMONTON LAKE MANOR LOT 29 |
  • Parcel Number ID: 20-02-16-328-006.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Washer Hook-Up
  • Cross Street: CR 4
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 90.37
  • Annual Miscellaneous: 250
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 3264
  • Total Finished Sq Ft: 1632
  • Above Grade Finished Sq Ft: 1632
  • Below Grade Sq Ft: 1632
  • Price Per Sq Ft: 74.75
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1632
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Water Features: Walk to Lake Access
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Paved, Private

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80 x 180
  • Estimated Lot Sq Ft: 14418
  • Estimated Lot Size Acres: 0.331
  • Lot Number: 29

Rental Info

  • Owner Pays: Building Insurance
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 77400
  • Annual Property Tax: 1562

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

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
Jun 4, 2019
Closed on
Oct 16, 2019
Sold by
Mast Nila L
Bought by
Miller Matthew Henry
Seller's Agent
Shannon Coulom
Milestone Realty, LLC
Buyer's Agent
Carolee Dalrymple
Irish Realty
List Price
$135,000
Sold Price
$122,000
Premium/Discount to List
-$13,000
-9.63%
Current Estimated Value
$202,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,766
Avg. Annual Appreciation
9.31%
Original Mortgage
$124,623
Outstanding Balance
$110,640
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$94,538
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
Miller Matthew Henry -- Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Matthew Henry $124,623
Closed Miller Matthew Henry $124,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $122,000 -9.6% $75 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $135,000 -- $83 / 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 $1,337 $195,100 $12,000 $183,100
2022 $1,140 $167,500 $12,000 $155,500
2021 $1,159 $148,800 $12,000 $136,800
2020 $1,155 $137,400 $12,000 $125,400
2019 $1,546 $81,700 $13,400 $68,300
2018 $1,617 $81,700 $13,400 $68,300
2017 $1,577 $77,400 $13,400 $64,000
2016 $1,551 $77,400 $13,400 $64,000
2014 $1,645 $80,200 $13,400 $66,800
2013 $1,605 $80,200 $13,400 $66,800
Source: Public Records

Agents Affiliated with this Home

  • Shannon Coulom

    Seller's Agent in 2019

    Shannon Coulom

    Milestone Realty, LLC

    (574) 222-6636

    1 in this area

    49 Total Sales

    Section Image
  • Carolee Dalrymple

    Buyer's Agent in 2019

    Carolee Dalrymple

    Irish Realty

    (616) 634-2358

    1 in this area

    53 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201923068

Indiana Regional MLS

APN: 20-02-16-328-006.000-026

Indiana Elkhart County Elkhart 46514 Simonton Lake

51607 County Road 109, Elkhart, IN

This home is located at 51607 County Road 109, Elkhart, IN 46514 since 04 June 2019 and is currently estimated at $208,346, approximately $127 per square foot. This property was built in 1974. 51607 County Road 109 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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