NOT LISTED FOR SALE

55326 Falling Water Dr Elkhart, IN 46514

Estimated Value: $347,000 - $417,000

4 Beds
3 Baths
3,320 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $265,000 $80 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,318/month

42 Days on Market

Highlights

  • 87 Feet of Waterfront
  • Wood Flooring
  • Community Fire Pit
  • Ranch Style House
  • Great Room
  • 2 Car Attached Garage

About This Home

As of July 2020

Newly updated ranch home located in desirable Brookside subdivision on Cobus Creek! This move in ready 4 bed, 3 bath home includes a walk out basement with over 3,300 square feet with an open floor plan. Newly installed hardwood floors throughout the home, stainless steel appliances, master suite with walk in closet, and fireplace in the great room are just a few amazing features. Master bathroom has new subway tile shower, lower level boasts enormous rec room complete with built-ins, spacious pantry in kitchen and neutral decor throughout make this home turn-key for any buyer. Enjoy the nature and creek view from the upper deck or large designated concrete fire pit area. Schedule your showing today!

Last Agent to Sell the Property

Tracy Hart

RE/MAX 100 Listed on: 05/18/2020

RE/MAX 100

Co-Listed By

Leah Hudson

RE/MAX 100

Last Buyer's Agent

Nancy Shaum

Myers Trust Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,045

Year Built

  • Built in 2006

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 87x251
  • 87 Feet of Waterfront
  • Creek or Stream

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Poured Concrete
  • Stone Exterior Construction
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • Great Room
  • Living Room with Fireplace
  • Water Views
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Elkhart Memorial High School

Additional Features

  • Energy-Efficient Windows
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-05-03-251-010.000-005

Community Details

Overview

  • Brook Side / Brookside Subdivision

Amenities

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,045

Year Built

Built in 2006

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2006
  • Age: 14
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Brookside Lot 18
  • Parcel Number ID: 20-05-03-251-010.000-005
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Deck Open, Firepit, Garage Door Opener, Great Room, Main Floor Laundry
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3600
  • Total Finished Sq Ft: 3320
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Finished Sq Ft: 1520
  • Below Grade Sq Ft: 280
  • Price Per Sq Ft: 147.22
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood Floors
  • Living Great Room: Dimensions: 23x20, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Family Room: Dimensions: 16x34, On Level: Main
  • Bedroom 1: Dimensions: 12x18, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 12x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1800

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Composite
  • Outbuilding1: None
  • Water Frontage: 87
  • Water Name: Cobus Creek

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: Creek

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: 0-2.9999, Water View
  • Lot Dimensions: 87x251
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Green Features

  • Energy Efficient: Windows

Tax Info

  • Annual Taxes: 2045
  • Exemptions: Homestead

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
May 18, 2020
Closed on
Jul 14, 2020
Sold by
Nelson Matthew
Bought by
Weldon Brandon G and Weldon Alyssa B
Seller's Agent
Tracy Hart
RE/MAX 100
Buyer's Agent
Nancy Shaum
Myers Trust Real Estate
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$387,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,108
Avg. Annual Appreciation
7.49%
Original Mortgage
$212,000
Outstanding Balance
$188,336
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$198,772

Purchase Details

Listed on
Mar 2, 2013
Closed on
Apr 19, 2013
Sold by
G & S Tucker Inc
Bought by
Nelson Matthew
Seller's Agent
Susie Tucker
Susie Tucker Realty
Buyer's Agent
Pamela Shultz
Century 21 Circle
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Cooper Lori N and Schenk Kori N
Bought by
G & S Tucker Inc

Purchase Details

Closed on
Jul 22, 2008
Sold by
Lipke Michael R and Lipke Nancy C
Bought by
Schenk Kori N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Weiss Homes Inc
Bought by
Lipke Michael R and Lipke Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,444
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Sessions Weiss Communities Llc
Bought by
Weiss Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.39%
Mortgage Type
Construction
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
Weldon Brandon G -- Near North Title Group
Nelson Matthew -- Lawyers Title
G & S Tucker Inc $131,000 Lawyers Title
Schenk Kori N -- Metropolitan Title
Lipke Michael R -- Metropolitan Title
Weiss Homes Inc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weldon Brandon G $212,000
Previous Owner Schenk Kori N $168,800
Previous Owner Lipke Michael R $163,444
Previous Owner Weiss Homes Inc $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2020 07/17/20 Sold $265,000 0.0% $80 / Sq Ft
05/29/2020 05/29/20 Price Changed $265,000 -3.6% $80 / Sq Ft
05/18/2020 05/18/20 For Sale $275,000 +41.0% $83 / Sq Ft
04/19/2013 04/19/13 Sold $195,000 -13.3% $59 / Sq Ft View Prior Sale
04/09/2013 04/09/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $225,000 -- $68 / 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 $3,094 $338,100 $24,600 $313,500
2022 $2,425 $287,100 $24,600 $262,500
2021 $2,679 $271,800 $24,600 $247,200
2020 $2,440 $262,400 $24,600 $237,800
2019 $2,779 $256,200 $24,600 $231,600
2018 $2,713 $248,000 $24,600 $223,400
2017 $2,585 $235,800 $24,600 $211,200
2016 $2,516 $230,200 $24,600 $205,600
2014 $2,335 $218,600 $24,600 $194,000
2013 $1,979 $197,900 $24,600 $173,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tracy Hart

    RE/MAX

    Section Image
  • Leah Hudson

    Seller Co-Listing Agent in 2020

    Leah Hudson

    RE/MAX

    (574) 849-8945

    92 Total Sales

    Leah Hudson
    Section Image

  • N

    Buyer's Agent in 2020

    Nancy Shaum

    Myers Trust Real Estate

    (574) 875-5149

    6 Total Sales

    Nancy Shaum
    Section Image
  • Susie Tucker

    Seller's Agent in 2013

    Susie Tucker

    Susie Tucker Realty

    (269) 641-5775

    105 Total Sales

    Susie Tucker
    Section Image

  • P

    Buyer's Agent in 2013

    Pamela Shultz

    Century 21 Circle

    (574) 293-2121

    15 Total Sales

    Pamela Shultz
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202017734

Indiana Regional MLS

APN: 20-05-03-251-010.000-005

Indiana Elkhart County Elkhart 46514

55326 Falling Water Dr, Elkhart, IN

This home is located at 55326 Falling Water Dr, Elkhart, IN 46514 since 18 May 2020 and is currently estimated at $387,108, approximately $116 per square foot. This property was built in 2006. 55326 Falling Water Dr is a home located in Elkhart County with nearby schools including Cleveland Elementary School, West 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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