NOT LISTED FOR SALE

53417 Old Farm Rd Elkhart, IN 46514

Estimated Value: $32,668 - $128,000

0.47 Acre
$167,140 Price per Acre
20,473 Sq Ft Lot

Last Sold August 18, 2023

Last sale price $23,000

Est. 242% increase in value since last sale

Current estimated payment $475/month

63 Days on Market

About This Lot

As of August 2023

Large Lot in Cobus Farms! This lot has been cleared and is ready to be built on! Great spacious lot in an already established neighborhood! Soil borings available for mound septic system.

Last Agent to Sell the Property

Leslee Onnink

eXp Realty, LLC Listed on: 05/25/2023

eXp Realty, LLC

Last Buyer's Agent

Leslee Onnink

eXp Realty, LLC Listed on: 05/25/2023

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $447

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 151x174
  • Property fronts a county road
  • Finished Lot(s)

Schools

  • Cleveland Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Heating System Uses Gas
  • Well Required
  • Septic System

Community Details

  • Cobus Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-01-27-252-008.000-005

Property Details

Property Type

Land

Est. Annual Taxes

$447

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: COBUS FARMS SECOND LOT 40
  • Parcel Number ID: 20-01-27-252-008.000-005
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 92
  • Parcel Description: Level
  • Restrictions: SqFt Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2021
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 151X174
  • Estimated Lot Sq Ft: 20473
  • Estimated Lot Size Acres: 0.47
  • Lot Number: 40

Tax Info

  • Annual Taxes: 12
  • Total Assessed Value: 600

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Shelby Ryan and Shelby Katelyn
Bought by
Yoder Larry J
Total Days on Market
63
Current Estimated Value
$78,556

Purchase Details

Listed on
Sep 15, 2022
Closed on
Jan 9, 2023
Sold by
Knight Nathanael and Knight Brieana
Bought by
Siade Michael and Filipski Bridget
Seller's Agent
Leslee Onnink
eXp Realty, LLC
Buyer's Agent
Leslee Onnink
eXp Realty, LLC
List Price
$25,000
Sold Price
$21,500
Premium/Discount to List
-$3,500
-14%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.95%

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 23, 2022
Sold by
Cobus Oaks Farm Inc
Bought by
Knight Nathanael and Knight Brieana
Seller's Agent
Dawn Collins
Cressy & Everett - South Bend
Buyer's Agent
Dawn Collins
Cressy & Everett - South Bend
List Price
$18,000
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.44%

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 18, 2022
Sold by
Cobus Oaks Farm Inc
Bought by
Knight Nathanael and Knight Brieana
Seller's Agent
Dawn Collins
Cressy & Everett - South Bend
Buyer's Agent
Dawn Collins
Cressy & Everett - South Bend
List Price
$18,000
Sold Price
$18,000
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
Yoder Larry J $32,500 Metropolitan Title
Siade Michael -- Metropolitan Title
Knight Nathanael -- Drake Andrew R
Knight Nathanael -- Drake Andrew R
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $23,000 -8.0% --
07/27/2023 07/27/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $25,000 +16.3% --
01/09/2023 01/09/23 Sold $21,500 -14.0% --
12/21/2022 12/21/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $25,000 +38.9% --
05/16/2022 05/16/22 Sold $18,000 0.0% --
03/30/2022 03/30/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $18,000 0.0% --
03/13/2022 03/13/22 Off Market $18,000 -- --
03/12/2021 03/12/21 For Sale $18,000 -- --
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 $447 $23,500 $23,500 --
2022 $447 $600 $600 $0
2021 $11 $600 $600 $0
2020 $10 $600 $600 $0
2019 $12 $600 $600 $0
2018 $13 $600 $600 $0
2017 $13 $600 $600 $0
2016 $13 $600 $600 $0
2014 $14 $600 $600 $0
2013 $15 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317288

Indiana Regional MLS

APN: 20-01-27-252-008.000-005