NOT LISTED FOR SALE

54507 David Dr Elkhart, IN 46514

Estimated Value: $273,000 - $308,073

6 Beds
2.5 Baths
2,524 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $190,000 $75 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,709/month

240 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Fireplace
  • Walk-In Closet
  • Traditional Architecture
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of April 2020

Motivated sellers!! Enjoy the peaceful setting of this beautiful property on Cobus Creek! You will be amazed at the space in this 6 Bedroom 2 1/2 Bath Bi-Level with a living room on upper level and family room with wood burning stove on lower level. Enjoy the extra large master bedroom with huge walk in closet and 1/2 bath. 5 Bedrooms in lower level walk out with full bath and lots of storage space. NEW Metal Roof on home and NEW Shingled Roof on garage and lower level bedrooms!! NEW Furnace with A/C just installed. NEW water heater will be installed soon. Outside you will love all of the nature with Cobus Creek County Park trails adjacent to the property as well as the creek that is a dedicated trout stream and restocked yearly for you fishermen. In addition to the wood burning stove and furnace this home also features a passive solar heat system to use in the cold months to reduce heating bills.

Last Agent to Sell the Property

Dodie Gerger

SUNRISE Realty Listed on: 07/17/2019

Last Buyer's Agent

Kathy Nate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1974

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 100 x 293
  • 100 Feet of Waterfront
  • Home fronts a canal
  • Creek or Stream
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Wood Siding
  • Masonry Siding
  • Masonry

Interior Spaces

  • 2,524 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • 1 Bathroom in Basement

Eco-Friendly Details

  • Solar Heating System

Schools

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

Utilities

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

Community Details

  • Cobus Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-01-34-327-001.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1974
  • Age: 46
  • Style: Bi-Level
  • Architectural Style: Traditional
  • Total Number of Rooms: 13
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Cobus Terrace Lot 1
  • Parcel Number ID: 20-01-34-327-001.000-005
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Garage Door Opener, Landscaped, Tub/Shower Combination
  • Sp Lp Percent: 100
  • County Zoning: Unknown
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2524
  • Total Finished Sq Ft: 2524
  • Above Grade Finished Sq Ft: 2524
  • Price Per Sq Ft: 75.28
  • Basement: Yes
  • Basement Foundation: Outside Entrance, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 15x11, On Level: Upper
  • Kitchen: Dimensions: 12x9, On Level: Upper
  • Dining Room: Dimensions: 12x9, On Level: Upper
  • Family Room: Dimensions: 24x13, On Level: Lower
  • Extra Room: 6th Bedroom, Dimensions: 12x13, On Level: Lower
  • Bedroom 1: Dimensions: 27x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Lower
  • Bedroom 3: Dimensions: 9x10, On Level: Lower
  • Bedroom 4: Dimensions: 8x10, On Level: Lower
  • Bedroom 5: Dimensions: 11x13, On Level: Lower
  • Other Room1: Work Room, Dimensions: 12x9, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1

Exterior Features

  • Exterior: Wood, Masonry
  • Outbuilding1: Shed, Dimensions: 10x12
  • Water Frontage: 100
  • Water Name: Cobus Creek

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Solar, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Creek
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront, 0-2.9999
  • Lot Dimensions: 100 x 293
  • Estimated Lot Sq Ft: 29316
  • Estimated Lot Size Acres: 0.673

Tax Info

  • Annual Taxes: 1396
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Apr 23, 2020
Sold by
Hardy John P
Bought by
Shannon Anita
Seller's Agent
Dodie Gerger
SUNRISE Realty
Buyer's Agent
Kathy Nate
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$293,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,768
Avg. Annual Appreciation
8.25%
Original Mortgage
$171,000
Outstanding Balance
$151,198
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$142,570
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shannon Anita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Anita $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2020 04/23/20 Sold $190,000 0.0% $75 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $190,000 0.0% $75 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $190,000 -5.0% $75 / Sq Ft
09/05/2019 09/05/19 Price Changed $199,900 -4.8% $79 / Sq Ft
07/17/2019 07/17/19 For Sale $210,000 -- $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 $1,867 $227,500 $26,500 $201,000
2022 $1,195 $197,700 $26,500 $171,200
2021 $1,629 $178,900 $26,500 $152,400
2020 $1,210 $151,400 $24,800 $126,600
2019 $1,488 $156,900 $24,800 $132,100
2018 $1,411 $146,700 $24,800 $121,900
2017 $1,331 $137,600 $24,800 $112,800
2016 $1,179 $131,500 $24,800 $106,700
2014 $1,115 $122,700 $24,800 $97,900
2013 $1,171 $119,500 $24,800 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201930496

Indiana Regional MLS

APN: 20-01-34-327-001.000-005