NOT LISTED FOR SALE

55824 Alverstone Dr E Middlebury, IN 46540

Estimated Value: $517,000 - $691,846

4 Beds
4.5 Baths
4,206 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $630,000 $150 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,697/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Backs to Open Ground
  • Open Floorplan
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of May 2023

This incredible home welcomes you with it's warmth from the curb all throughout the home. Step onto the large covered front porch to the inviting foyer...you will find the den/office as you walk into Brazillian Cherry Hardwood throughout the Main Level. The Great room feautres a floor to ceiling stone fireplace, open floor plan, custom maple cabinetry, crown molding, new backsplash and new quartz counters, This amazing custom kitchen also features 2 pot fillers, one over the range, 2nd at the coffee bar. Split bedroom floorplan on both levels. The primary bedroom with ensuite also walks out to the deck through large patio doors, the secondary main level bedroom has a very private feel with it's own sitting room& bathroom. The walk-out lower level features another full kitchen, 2 bedrooms, 2 baths, family room with stone fireplace, workshop, under garage storage. Let's not forget the 4 CAR GARAGE+a walk up attic for storage

Last Agent to Sell the Property

Toni Bontrager

Berkshire Hathaway HomeServices Elkhart Listed on: 03/24/2023

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

David Rogers

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 2004

Lot Details

  • 0.91 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot
  • Irrigation

Parking

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

Home Design

  • Craftsman Architecture
  • Walk-Out Ranch
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-in Bookshelves
  • Built-In Features
  • Woodwork
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Workshop
  • Wood Flooring
  • Walkup Attic
  • Laundry on main level

Kitchen

  • Kitchenette
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Double Vanity
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • York Elementary School
  • Heritage Middle School
  • Northridge High School

Utilities

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

Community Details

  • The Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-08-04-376-011.000-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,912

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2004
  • Age: 19
  • Style: One and Half Story
  • Architectural Style: Walkout Ranch, Craftsman
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: THE SUMMIT SEC 3 LOT 136
  • Parcel Number ID: 20-08-04-376-011.000-034
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic-Walk-up, Built-In Speaker System, Built-In Bookcase, Built-In Entertainment Ct, Ceiling-9+, Ceiling Fan(s), Central Vacuum System, Countertops-Stone, Disposal, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Irrigation System, Landscaped, Natural Woodwork, Open Floor Plan, Patio Open, Porch Covered, Split Br Floor Plan, Twin Sink Vanity, Kitchenette, Workshop, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Sump Pump
  • Location: Rural Subdivision
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 96.94
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 7592
  • Total Finished Sq Ft: 4206
  • Above Grade Finished Sq Ft: 2678
  • Below Grade Finished Sq Ft: 1528
  • Above Grade Unfinished Sq Ft: 953
  • Below Grade Sq Ft: 2433
  • Price Per Sq Ft: 235.25
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished, Outside Entrance
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Bedroom 1: Dimensions: 20x22, On Level: Main
  • Bedroom 2: Dimensions: 18x15, On Level: Main
  • Bedroom 3: Dimensions: 17x15, On Level: Lower
  • Bedroom 4: Dimensions: 20x17, On Level: Lower
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 3961

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 24x48
  • Garage Sq Ft: 1152
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Middlebury Community Schools
  • Elementary School: York
  • Middle School: Heritage
  • High School: Northridge
  • Elementary School: York

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 39640
  • Estimated Lot Size Acres: 0.91

Tax Info

  • Annual Taxes: 4912
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Northridge
  • Middle School: Heritage
  • School District: Middlebury Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 12, 2023
Sold by
Rulli Salvatore and Rulli Mary
Bought by
Clark Joshua T and Clark Amy L
Seller's Agent
Toni Bontrager
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
David Rogers
Cressy & Everett- Elkhart
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Views
95
Current Estimated Value
$603,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,038
Avg. Annual Appreciation
-1.80%
Original Mortgage
$535,500
Outstanding Balance
$521,849
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$82,113

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 31, 2023
Sold by
Rulli Salvatore and Rulli Mary
Bought by
Clark Joshua T and Clark Amy L
Seller's Agent
Toni Bontrager
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
David Rogers
Cressy & Everett- Elkhart
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Outstanding Balance
$521,849
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$82,113

Purchase Details

Closed on
May 12, 2005
Sold by
Gt King Group Inc
Bought by
Rulli Salvatore and Rulli Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 7, 2005
Sold by
Segra Properties Llc
Bought by
Gt King Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.8%
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
Clark Joshua T $630,000 Metropolitan Title
Clark Joshua T -- Metropolitan Title
Rulli Salvatore -- Heritage Title Company Inc
Gt King Group Inc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Joshua T $535,500
Closed Clark Joshua T $535,500
Previous Owner Rulli Salvatore $275,000
Previous Owner Gt King Group Inc $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $630,000 -3.1% $150 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $649,900 -- $155 / 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 $6,100 $634,200 $46,200 $588,000
2022 $6,100 $543,300 $45,600 $497,700
2021 $4,912 $489,700 $45,600 $444,100
2020 $4,836 $482,100 $45,600 $436,500
2019 $4,629 $461,400 $45,600 $415,800
2018 $4,714 $469,900 $36,900 $433,000
2017 $4,469 $445,400 $36,900 $408,500
2016 $4,255 $424,000 $36,900 $387,100
2014 $3,950 $395,000 $36,900 $358,100
2013 $3,849 $384,900 $36,900 $348,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202308730

Indiana Regional MLS

APN: 20-08-04-376-011.000-034