NOT LISTED FOR SALE

54865 Shorelane W Elkhart, IN 46514

Estimated Value: $376,800 - $467,000

3 Beds
2.5 Baths
3,188 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $199,900 $63 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,441/month

24 Days on Market

Highlights

  • 107 Feet of Waterfront
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Primary Bedroom Suite
  • Ranch Style House
  • Built-in Bookshelves

About This Home

As of July 2014

Beautiful brick ranch home sits on corner of Upper St. Joe. river channel. Home has ceramic, carpeting and hardwood floors. 3 bedrooms, 2-1/2 updated baths with granite, formal dining room, gorgeous formal living room with woodburning fireplace. Has gas fireplace in main level family room and basement family room. Basement has 2nd kitchen. View of river from patio, poured concrete seawall.

Last Agent to Sell the Property

Darla Brock

SUNRISE Realty Listed on: 05/30/2014

Last Buyer's Agent

Robert Beck

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1967

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 107 x 92
  • 107 Feet of Waterfront
  • Home fronts a canal

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Built-in Bookshelves
  • Multiple Fireplaces
  • Entrance Foyer
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 20-02-35-402-000.000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1967
  • Age: 47
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Shorelane Estates Lot 4
  • Parcel Number ID: 20-02-35-402-000.000-000
  • Platted: Yes
  • Amenities: Built-In Bookcase, Foyer Entry, Garage Door Opener, Main Level Bedroom Suite
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 3576
  • Total Finished Sq Ft: 3188
  • Above Grade Finished Sq Ft: 1788
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 388
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Fireplace: Family Rm, Living/Great Rm, Basement, Three +
  • Living Great Room: Dimensions: 12x21, On Level: Main
  • Kitchen: Dimensions: 10x14, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 11x16, On Level: Main
  • Bedroom 1: Dimensions: 14x19, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Main Level Sq Ft: 1788
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1788

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Channel Canal Frontage: 107
  • Water Frontage: 107

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624

Utilities

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

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Eastwood
  • Middle School: North Side
  • High School: Elkhart Central

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 107 x 92
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Tax Info

  • Annual Taxes: 1600
  • Exemptions: Homestead

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Tom Shane
Bought by
Coryn Scott
Current Estimated Value
$418,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$388,396
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$30,304

Purchase Details

Closed on
Jun 18, 2020
Sold by
Shawn R And Erin E Schrader Trust
Bought by
Tom Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2020
Sold by
Shawn R And Erin E Schrader Trust and Schrader Erin E
Bought by
Tom Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Schrader Shawn R and Schrader Erin E
Bought by
Schrader Shawn R and Schrader Erin E

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 29, 2014
Sold by
Kimes Robert L and Kimes Jean
Bought by
Schrader Shawn P and Schrader Erin E
Seller's Agent
Darla Brock
SUNRISE Realty
Buyer's Agent
Robert Beck
Century 21 Affiliated
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$159,900
Interest Rate
4.11%
Mortgage Type
New Conventional
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
Coryn Scott -- Metropolitan Title
Tom Shane -- Metropolitan Title
Tom Shane -- Metropolitan Title
Schrader Shawn R -- None Available
Schrader Shawn P -- Fidelity Natl Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coryn Scott $392,000
Previous Owner Tom Shane $0
Previous Owner Schrader Shawn P $159,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 Sold $199,900 0.0% $63 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $199,900 -- $63 / 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 $2,656 $316,800 $62,800 $254,000
2022 $2,679 $281,900 $62,800 $219,100
2021 $2,531 $264,200 $62,800 $201,400
2020 $2,694 $248,700 $62,800 $185,900
2019 $2,482 $234,300 $62,800 $171,500
2018 $2,555 $231,100 $70,100 $161,000
2017 $2,599 $230,000 $70,100 $159,900
2016 $2,065 $203,200 $70,100 $133,100
2014 $1,955 $191,600 $70,100 $121,500
2013 $1,916 $191,600 $70,100 $121,500
Source: Public Records

Agents Affiliated with this Home

  • Darla Brock

    Seller's Agent in 2014

    Darla Brock

    SUNRISE Realty

    (574) 596-1394

    278 Total Sales

    Darla Brock
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Beck

    Century 21 Affiliated

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Map

Source: Indiana Regional MLS

MLS Number: 201421031

Indiana Regional MLS

APN: 20-02-35-452-001.000-026

Indiana Elkhart County Elkhart 46514

54865 Shorelane W, Elkhart, IN

This home is located at 54865 Shorelane W, Elkhart, IN 46514 since 30 May 2014 and is currently estimated at $418,700, approximately $131 per square foot. This property was built in 1967. 54865 Shorelane W is a home located in Elkhart County with nearby schools including Eastwood Elementary School, North Side Middle School, and Elkhart High School's Freshman Division.

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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