NOT LISTED FOR SALE

55416 Falling Water Dr Unit 24 Elkhart, IN 46514

Estimated Value: $277,000 - $352,713

0.44 Acre
$724,779 Price per Acre
19,123 Sq Ft Lot

Last Sold June 04, 2020

Last sale price $16,000

Est. 1,889% increase in value since last sale

Current estimated payment $1,971/month

13 Days on Market

About This Lot

As of June 2020

Elkhart-Brookside Subdivision New Home site! Close to Elkhart General and all Shopping! Only Minutes to Granger /Mishawaka!Picture yourself with your own CREEK Lot to build a wonderful home at such a great price! City Utilities! Cobus Creek a Fresh Water Creek & Natural Rainbow Trout Stream how much better does it get?! Ideal for a Walk-out Lower Level & Daylight Windows! CLOSE to South Bend,Granger & Mishawaka! ..Last available Creek Lot in Brookside and it is a Beauty! Wooded, Gorgeous Building site! Build your custom home on this partially wooded lot Creek Lot - Located on the North Side of Old US 20 just East into Elkhart County from St.Joe County. Builders wonderful lot for a Spec home.

Last Agent to Sell the Property

Bobbie Vanosdal

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 05/04/2020

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Andrew Myers

Myers Trust Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $330

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 80 x 230
  • 82 Feet of Waterfront
  • Property fronts a state road
  • Property fronts an easement
  • Creek or Stream
  • Finished Lot(s)

HOA Fees

  • $8 Monthly HOA Fees

Schools

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

Utilities

  • Heating System Uses Gas

Community Details

  • Brook Side / Brookside Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 20-05-03-251-016.000-005

Property Details

Property Type

Land

Est. Annual Taxes

$330

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: BROOKSIDE LOT 24 |
  • Parcel Number ID: 20-05-03-251-016.000-005
  • Platted: Yes
  • Cross Street: Spring Run
  • Grid: 65 Elkhart Co. Water
  • Location: Subdivision
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 68.09
  • Zoning Description: Residential
  • Parcel Description: Cul-De-Sac, Slope, Waterfront, 0-2.9999, Cable Available, Water View
  • Road Frontage Description: Paved
  • Restrictions: Building Restrictions, Covenants, Easements, Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • County Zoning: Unknown
  • Year Taxes Payable: 2019 pay 2020
  • Special Features: None

Exterior Features

  • Water Frontage: 82
  • Water Name: Cobus Creek
  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Water Type: Creek
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 80 x 230
  • Estimated Lot Sq Ft: 18400
  • Estimated Lot Size Acres: 0.439
  • Lot Number: 24
  • Easements: Yes

Tax Info

  • Annual Taxes: 330.2
  • Total Assessed Value: 16400

Multi Family

  • Water Access: Frontage Lot

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

Closed on
Dec 11, 2020
Sold by
Myers Andrew D
Bought by
Potts Francesca L and Potts Maclean
Current Estimated Value
$318,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$222,783
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$134,153

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 8, 2020
Sold by
Wilson Kerry J and Wilson Gloria R
Bought by
Myers Andrew D
Seller's Agent
Bobbie Vanosdal
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Andrew Myers
Myers Trust Real Estate
List Price
$23,500
Sold Price
$16,000
Premium/Discount to List
-$7,500
-31.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.86%

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 3, 2020
Sold by
Wilson Kerry J and Wilson Gloria R
Bought by
Myers Andrew D
Seller's Agent
Bobbie Vanosdal
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Andrew Myers
Myers Trust Real Estate
List Price
$23,500
Sold Price
$16,000
Premium/Discount to List
-$7,500
-31.91%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Sessions Weiss Communities Llc
Bought by
Wilson Kerry J and Wilson Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,800
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
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
Potts Francesca L -- None Available
Myers Andrew D -- None Listed On Document
Myers Andrew D -- None Listed On Document
Wilson Kerry J -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Francesca L $247,000
Previous Owner Wilson Kerry J $29,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $16,000 -31.9% --
05/17/2020 05/17/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $23,500 -- --
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 $2,796 $313,700 $22,400 $291,300
2022 $281 $263,100 $22,400 $240,700
2021 $2,377 $246,600 $22,400 $224,200
2020 $281 $16,400 $16,400 $0
2019 $330 $16,400 $16,400 $0
2018 $344 $16,400 $16,400 $0
2017 $356 $16,400 $16,400 $0
2016 $356 $16,400 $16,400 $0
2014 $382 $16,400 $16,400 $0
2013 $420 $16,400 $16,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Bobbie Vanosdal

    Seller's Agent in 2020

    Bobbie Vanosdal

    Weichert Rltrs-J.Dunfee&Assoc.

    (574) 286-3815

    76 Total Sales

    Bobbie Vanosdal
    Section Image
  • Andrew Myers

    Buyer's Agent in 2020

    Andrew Myers

    Myers Trust Real Estate

    (574) 320-1214

    144 Total Sales

    Andrew Myers
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202015565

Indiana Regional MLS

APN: 20-05-03-251-016.000-005

Indiana Elkhart County Elkhart 46514

55416 Falling Water Dr Unit 24, Elkhart, IN

This home is located at 55416 Falling Water Dr Unit 24, Elkhart, IN 46514 since 04 May 2020 and is currently estimated at $318,178. 55416 Falling Water Dr Unit 24 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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