NOT LISTED FOR SALE

55780 Timber Ln Elkhart, IN 46514

Estimated Value: $252,000 - $317,000

3 Beds
2 Baths
2,563 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $210,000 $82 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,733/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Landscaped
  • Traditional Architecture
  • Porch
  • Ceiling height of 9 feet or more

About This Home

As of January 2023

Nestled in just under an acre, you'll love the tranquility, of this private slice of pie provides. If your looking for a home that has that perfect tucked away country feel but close to the city amenities, look no further. Located in the super desirable Cleveland School system, this two story, 2500 sq. ft. home has room for everyone to stretch out and relax. Soaring ceilings, nice sized bedrooms, and first floor laundry are just a few of the amazing opportunities this home has to offer. Lovely oversized eat in kitchen, large enough for a formal dining room table and fireplace create a space for everyone to spend time together and meal prep. Love to garden and need to keep your green thumb working? Don't miss the attached green house area off of the living. Just in time for the season, call today before you see this home sold.

Last Agent to Sell the Property

Kimberly Murrell

McKinnies Realty, LLC Listed on: 11/22/2022

McKinnies Realty, LLC

Last Buyer's Agent

Caleb Worm

Weichert Rltrs-J.Dunfee&Assoc.

Weichert Rltrs-J.Dunfee&Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1954

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 185 x 196
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Dining Room with Fireplace
  • Laundry on main level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Separate Shower

Outdoor Features

  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-05-03-476-001.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1954
  • Age: 68
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 196X185.03X199.17X185FT IN; SE1/4 SEC 3 .84A
  • Parcel Number ID: 20-05-03-476-001.000-005
  • Platted: Yes
  • Amenities: Ceiling-9+, Landscaped, Porch Open, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Old US 20
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 95.5
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3283
  • Total Finished Sq Ft: 2563
  • Above Grade Finished Sq Ft: 2563
  • Below Grade Sq Ft: 720
  • Price Per Sq Ft: 81.94
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Dining Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 32x16, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Extra Room: All Season, Dimensions: 15x14, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 17x14, On Level: Upper
  • Bedroom 3: Dimensions: 17x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Shed, Dimensions: 6x8

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 11
  • 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: Corner, Level, 0-2.9999
  • Lot Dimensions: 185 x 196
  • Estimated Lot Sq Ft: 36260
  • Estimated Lot Size Acres: 0.8324

Tax Info

  • Annual Taxes: 1985.52
  • Exemptions: Homestead, Mortgage

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
Nov 22, 2022
Closed on
Jan 9, 2023
Sold by
Lewis Sandra Kay
Bought by
Patel Vipul
Seller's Agent
Kimberly Murrell
McKinnies Realty, LLC
Buyer's Agent
Caleb Worm
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Total Days on Market
10
Views
53
Current Estimated Value
$277,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,965
Avg. Annual Appreciation
10.36%
Original Mortgage
$206,196
Outstanding Balance
$200,871
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$66,494

Purchase Details

Closed on
Aug 4, 2020
Sold by
Kay Lewis Sandra
Bought by
Lewis Sandra Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2020
Sold by
Kay Lewis Sandra and Bellaire Sandra
Bought by
Lewis Sandra Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 24, 2019
Sold by
Woodsmall James V and Estate Of Barbara W Wich
Bought by
Bellaire Sandra
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Shelly Mobus
McKinnies Realty, LLC Elkhart
List Price
$179,900
Sold Price
$174,900
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$169,653
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Patel Vipul -- Metropolitan Title Agency
Lewis Sandra Kay $230,755 New Title Company Name
Lewis Sandra Kay $230,755 New Title Company Name
Bellaire Sandra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vipul $206,196
Previous Owner Lewis Sandra Kay $173,500
Previous Owner Lewis Sandra Kay $173,500
Previous Owner Bellaire Sandra $169,653
Previous Owner Bellaire Sandra $169,653
Previous Owner Harmon Louise $169,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $210,000 -4.5% $82 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $219,900 +25.7% $86 / Sq Ft
07/25/2019 07/25/19 Sold $174,900 -2.8% $58 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $179,900 -- $60 / 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 $2,158 $261,200 $27,500 $233,700
2022 $2,158 $219,200 $27,500 $191,700
2021 $1,686 $188,100 $27,500 $160,600
2020 $1,528 $179,800 $25,600 $154,200
2019 $1,717 $174,200 $25,600 $148,600
2018 $1,640 $163,300 $25,600 $137,700
2017 $1,566 $154,000 $25,600 $128,400
2016 $1,566 $154,300 $25,600 $128,700
2014 $1,436 $139,300 $25,600 $113,700
2013 $1,410 $139,300 $25,600 $113,700
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Murrell

    Seller's Agent in 2023

    Kimberly Murrell

    McKinnies Realty, LLC

    (574) 276-4275

    120 Total Sales

    Kimberly Murrell
    Section Image
  • Caleb Worm

    Buyer's Agent in 2023

    Caleb Worm

    Weichert Rltrs-J.Dunfee&Assoc.

    (574) 240-9676

    73 Total Sales

    Caleb Worm
    Section Image
  • Heidi Gaskill

    Seller's Agent in 2019

    Heidi Gaskill

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-7478

    233 Total Sales

    Heidi Gaskill
    Section Image
  • Shelly Mobus

    Buyer's Agent in 2019

    Shelly Mobus

    McKinnies Realty, LLC Elkhart

    (574) 993-6364

    268 Total Sales

    Shelly Mobus
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202247664

Indiana Regional MLS

APN: 20-05-03-476-001.000-005

Indiana Elkhart County Elkhart 46514

55780 Timber Ln, Elkhart, IN

This home is located at 55780 Timber Ln, Elkhart, IN 46514 since 22 November 2022 and is currently estimated at $277,965, approximately $108 per square foot. This property was built in 1954. 55780 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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