NOT LISTED FOR SALE

56198 Outer Dr Elkhart, IN 46516

Estimated Value: $164,000 - $201,839

3 Beds
1 Bath
2,352 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $37,900 $16 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $1,098/month

About This Home

As of April 2014

This home is located at 56198 Outer Dr, Elkhart, IN 46516 and is currently estimated at $189,960, approximately $80 per square foot. 56198 Outer Dr is a home located in Elkhart County with nearby schools including Riverview Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Apr 7, 2014
Sold by
Secretary Of Hud
Bought by
Mikev Francis and Mikev Janice
Seller's Agent
Kathy Elliot
Century 21 Circle
Buyer's Agent
Lynn Hachey
RE/MAX Oak Crest - Elkhart
List Price
$53,000
Sold Price
$37,900
Premium/Discount to List
-$15,100
-28.49%
Current Estimated Value
$189,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,060
Avg. Annual Appreciation
15.16%
Original Mortgage
$29,900
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 26, 2013
Sold by
Alvardo Alexander and Alvarado Eddy
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 8, 2008
Sold by
Alvarado Alexander
Bought by
Alvarado Alexander and Alvarado Eddy

Purchase Details

Closed on
May 11, 2005
Sold by
1St Source Bank
Bought by
Alvarado Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,158
Interest Rate
6.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mikev Francis -- None Available
Secretary Of Hud -- None Available
Bank Of America Na $56,800 None Available
Alvarado Alexander -- Lawyers Title
Alvarado Alexander -- Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikev Francis $29,900
Previous Owner Alvarado Alexander $94,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2014 04/07/14 Sold $37,900 -28.5% $32 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $53,000 -- $45 / Sq Ft

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 $1,139 $152,800 $25,200 $127,600
2022 $1,139 $134,000 $25,200 $108,800
2021 $1,058 $118,300 $25,200 $93,100
2020 $1,007 $111,100 $25,200 $85,900
2019 $883 $102,000 $25,200 $76,800
2018 $833 $99,200 $25,200 $74,000
2017 $765 $94,200 $25,200 $69,000
2016 $558 $78,900 $25,200 $53,700
2014 $350 $97,400 $25,200 $72,200
2013 $1,893 $94,500 $25,200 $69,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kathy Elliot

    Century 21 Circle

  • L

    Buyer's Agent in 2014

    Lynn Hachey

    RE/MAX

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Map

Indiana Elkhart County Elkhart 46516

56198 Outer Dr, Elkhart, IN

This home is located at 56198 Outer Dr, Elkhart, IN 46516 and is currently estimated at $189,960, approximately $80 per square foot. 56198 Outer Dr is a home located in Elkhart County with nearby schools including Riverview Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

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.

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