NOT LISTED FOR SALE

55725 Timber Ln Elkhart, IN 46514

Estimated Value: $218,000 - $244,509

3 Beds
1 Bath
1,724 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $177,000 $103 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,372/month

Highlights

  • Wooded Lot
  • 1-Story Property
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Central Air
  • Wood Siding

About This Home

As of October 2020

Nature lovers be ready to fall in love with this walk out ranch located on 1.7 acres of wooded property with a man made waterfall and pond. 3 bedrooms, 1 bath. Eat-in kitchen and large sunroom addition 15 X 11.6 with new flooring through most of main level. Lower level has an extra living space with new carpet, laundry room and plenty of storage. Large Pole building 24x40 included on the property with electric and wood burning stove. Roof is only 4 months new!

Last Agent to Sell the Property

Chantel Boone

RE/MAX Results Listed on: 09/29/2020

RE/MAX Results

Last Buyer's Agent

David Miller

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1985

Lot Details

  • 1.7 Acre Lot
  • Lot Dimensions are 300x248
  • Rural Setting
  • Irregular Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Walk-Out Ranch
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Mary Feeser Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 20-05-03-403-023.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,265

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1985
  • Age: 35
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: HILLANDALE LOT 36, Hillandale Lot 34, Hillandale Lot 35
  • Parcel Number ID: 20-05-03-403-023.000-005
  • Platted: Yes
  • Amenities: Deck Open, Porch Covered, Porch Enclosed, Porch Open
  • Location: Rural Subdivision
  • Parcel Id2: 200503403021000005
  • Sp Lp Percent: 101.14
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2074
  • Total Finished Sq Ft: 1724
  • Above Grade Finished Sq Ft: 1124
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 350
  • Price Per Sq Ft: 157.47
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Fireplace: Wood Burning Stove
  • Flooring: Carpet, Vinyl
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 950

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Pole/Post Building, Dimensions: 24x40

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Lowerx12, On Level: 12
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, 0-2.9999, Wooded
  • Lot Dimensions: 300X248
  • Estimated Lot Sq Ft: 74052
  • Estimated Lot Size Acres: 1.7

Tax Info

  • Annual Taxes: 1265

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
Sep 29, 2020
Closed on
Nov 2, 2020
Sold by
Girten Charles R and Girten Donna J
Bought by
Tolen Alexander and Lowrance Tasha
Seller's Agent
Chantel Boone
RE/MAX Results
Buyer's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%
Current Estimated Value
$235,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,127
Avg. Annual Appreciation
5.90%
Original Mortgage
$168,100
Outstanding Balance
$149,585
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$85,542

Purchase Details

Listed on
Sep 29, 2020
Closed on
Oct 30, 2020
Sold by
Girten Charles R and Girten Donna J
Bought by
Tolen Alexander and Lowrance Tasha
Seller's Agent
Chantel Boone
RE/MAX Results
Buyer's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,100
Outstanding Balance
$149,585
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$85,542
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
Tolen Alexander $223,573 Near North Title Group
Tolen Alexander $223,573 Near North Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolen Alexander $168,100
Closed Tolen Alexander $168,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $177,000 +1.1% $103 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $175,000 -- $102 / 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 $1,507 $187,200 $21,000 $166,200
2022 $1,507 $157,900 $21,000 $136,900
2021 $1,118 $135,200 $21,000 $114,200
2020 $1,033 $130,100 $21,000 $109,100
2019 $1,110 $122,800 $21,000 $101,800
2018 $1,049 $115,300 $21,000 $94,300
2017 $982 $108,400 $21,000 $87,400
2016 $923 $104,400 $21,000 $83,400
2014 $855 $96,800 $21,000 $75,800
2013 $940 $96,800 $21,000 $75,800
Source: Public Records

Agents Affiliated with this Home

  • Chantel Boone

    Seller's Agent in 2020

    Chantel Boone

    RE/MAX

    (574) 202-4408

    205 Total Sales

    Chantel Boone
    Section Image
  • David Miller

    Buyer's Agent in 2020

    David Miller

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-4835

    315 Total Sales

    David Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202039305

Indiana Regional MLS

APN: 20-05-03-403-023.000-005

Indiana Elkhart County Elkhart 46514

55725 Timber Ln, Elkhart, IN

This home is located at 55725 Timber Ln, Elkhart, IN 46514 since 29 September 2020 and is currently estimated at $235,127, approximately $136 per square foot. This property was built in 1985. 55725 Timber Ln 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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