NOT LISTED FOR SALE

55093 Cobus Ln Elkhart, IN 46514

Estimated Value: $293,000 - $323,668

4 Beds
2.5 Baths
3,060 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $270,000 $88 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,703/month

17 Days on Market

Highlights

  • 114 Feet of Waterfront
  • Covered Patio or Porch
  • Cul-De-Sac
  • Vaulted Ceiling
  • Community Fire Pit
  • 2 Car Attached Garage

About This Home

As of May 2023

Amazing Views of Cobus Creek! 4 Bedrooms, 2.5 baths home Large living room and large kitchen with Plenty of counter space, breakfast bar, pantry, also Walkout basement family room with brick fireplace, 2 car attached garage, plus additional spot which is 1/2 car with door for your riding lawnmower. Deck overlooks simply gorgeous view of Cobus Creek, enjoy a small firepit, make this house your home! Seller needs to secure suitable housing.

Last Agent to Sell the Property

Jill Robinson

eXp Realty, LLC Listed on: 04/03/2023

eXp Realty, LLC

Last Buyer's Agent

Tina Seniff

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1977

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 135x135
  • 114 Feet of Waterfront
  • Creek or Stream
  • Cul-De-Sac
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Sun Deck
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 20-05-03-126-004.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,690

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1977
  • Age: 46
  • Style: Tri-Level
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: COBUS CREEK ACRES LOT 8
  • Parcel Number ID: 20-05-03-126-004.000-005
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling Fan(s), Ceilings-Vaulted, Countertops-Laminate, Deck Open, Deck on Waterfront, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Patio Open, Porch Covered, Stand Up Shower, Tub/Shower Combination
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 90.03
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3360
  • Total Finished Sq Ft: 3060
  • Above Grade Finished Sq Ft: 2240
  • Below Grade Finished Sq Ft: 820
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 120.54
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: On Level: Lower
  • Den: On Level: N/A
  • Bedroom 1: Dimensions: 14x13, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 9x13, On Level: Upper
  • Bedroom 4: Dimensions: 9x14, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1120

Exterior Features

  • Exterior: Brick, Cedar, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Water Frontage: 114
  • Water Name: Cobus Creek

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, 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
  • Elementary School: Cleveland

Lot Info

  • Lot Description: Cul-De-Sac, Level, Waterfront, Flood Plain, Water View
  • Lot Dimensions: 135X135
  • Estimated Lot Sq Ft: 18208
  • Estimated Lot Size Acres: 0.42
  • Lot Number: 8

Tax Info

  • Annual Taxes: 1690
  • Total Assessed Value: 210600
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Frontage Lot

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 2, 2023
Sold by
Taylor Chris
Bought by
Smith Thomas and Sayles Corey
Seller's Agent
Jill Robinson
eXp Realty, LLC
Buyer's Agent
Tina Seniff
Berkshire Hathaway HomeServices Elkhart
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Views
192
Current Estimated Value
$282,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,952
Avg. Annual Appreciation
4.23%
Original Mortgage
$261,900
Outstanding Balance
$256,271
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$39,848

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 5, 2018
Sold by
Bennett Mary A
Bought by
Taylor Chris
Seller's Agent
Sue Scott
Coldwell Banker Real Estate Group
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$183,767
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 18, 2018
Sold by
Bennett Mary A
Bought by
Taylor Chris
Seller's Agent
Sue Scott
Coldwell Banker Real Estate Group
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,767
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Sep 16, 2013
Closed on
May 23, 2014
Sold by
Leonard Quinton R and Leonard Joann
Bought by
Benneti Mary A
Seller's Agent
Jan Cawley
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Sue Scott
Coldwell Banker Real Estate Group
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$117,948
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Smith Thomas $270,000 Metropolitan Title
Taylor Chris $180,091 Metropolitan Title
Taylor Chris $180,091 Metropolitan Title
Benneti Mary A -- Fidelity Natl Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Thomas $261,900
Previous Owner Taylor Chris $183,767
Previous Owner Taylor Chris $183,767
Previous Owner Benneti Mary A $117,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $270,000 -10.0% $88 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $299,900 +66.7% $98 / Sq Ft
05/18/2018 05/18/18 Sold $179,900 0.0% $59 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $179,900 +24.2% $59 / Sq Ft
05/23/2014 05/23/14 Sold $144,900 0.0% $47 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $144,900 -- $47 / 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 $1,852 $227,400 $25,400 $202,000
2022 $1,852 $210,600 $25,400 $185,200
2021 $1,705 $190,600 $25,400 $165,200
2020 $1,407 $174,400 $22,900 $151,500
2019 $1,588 $169,800 $22,900 $146,900
2018 $1,110 $158,500 $22,900 $135,600
2017 $1,088 $152,000 $22,900 $129,100
2016 $1,067 $146,700 $22,900 $123,800
2014 $1,331 $133,000 $22,900 $110,100
2013 $1,295 $129,500 $22,900 $106,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202309937

Indiana Regional MLS

APN: 20-05-03-126-004.000-005