NOT LISTED FOR SALE

56599 Mars Dr Elkhart, IN 46516

Estimated Value: $17,000 - $175,000

0.19 Acre
$622,805 Price per Acre
8,276 Sq Ft Lot

Last Sold December 21, 2023

Last sale price $5,000 $3 Per Sq Ft

Est. 2,267% increase in value since last sale

Current estimated payment $745/month

22 Days on Market

About This Lot

As of December 2023

No Reserve Public Auction Auction date October 21, 2023 at 10 am Auction Location: Victoria's Kitchen Event Center 1205 Middleton Run Road Elkhart 46516 Terms: 10% down day of sale, cash closing in 30 days, 5% buyers premium. There is a house on this property that will be demolished by Elkhart County. House. Demolition cost will be disclosed at the auction and paid by the buyer via the 2024 tax bill. Directions North of Driftwood and south of Lantz Blvd

Last Agent to Sell the Property

Brad Hooley

Bartel & Company Brokerage Phone: 574-825-2115 Listed on: 09/29/2023

Last Buyer's Agent

Brad Hooley

Bartel & Company Brokerage Phone: 574-825-2115 Listed on: 09/29/2023

Property Details

Property Type

  • Land

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65 x 130
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Jimtown Elementary And Middle School
  • Jimtown High School

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 20-05-12-302-021.000-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: ELPACO MANOR 2ND LOT 88
  • Parcel Number ID: 20-05-12-302-021.000-001
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Parcel Description: Level
  • Type of Sale: Auction
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: 1088

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Unknown

Schools

  • School District: Baugo Community
  • Elementary School: Jimtown
  • Middle School: Jimtown
  • High School: Jimtown
  • Elementary School: Jimtown

Lot Info

  • Lot Dimensions: 65 x 130
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 1000

MLS Schools

  • High School: Jimtown
  • Middle School: Jimtown
  • School District: Baugo Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 21, 2023
Sold by
Davidhizar Ronald
Bought by
Cornerstone Property & Development Llc
Seller's Agent
Brad Hooley
Bartel & Company
Buyer's Agent
Brad Hooley
Bartel & Company
List Price
$100
Sold Price
$5,000
Premium/Discount to List
$4,900
4900%
Views
70
Current Estimated Value
$118,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,333
Avg. Annual Appreciation
497.51%

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 7, 2023
Sold by
Davidhizar Ronald
Bought by
Cornerstone Property & Development Llc
Seller's Agent
Brad Hooley
Bartel & Company
Buyer's Agent
Brad Hooley
Bartel & Company
List Price
$100
Sold Price
$5,000
Premium/Discount to List
$4,900
4900%
Views
70

Purchase Details

Closed on
Feb 27, 2008
Sold by
Grp Loan Llc
Bought by
Davidhizer Ronald

Purchase Details

Closed on
Apr 25, 2007
Sold by
Kuykendall Judith A
Bought by
Grp Loan Llc
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
Cornerstone Property & Development Llc $5,500 Near North Title Group
Cornerstone Property & Development Llc -- Near North Title Group
Davidhizer Ronald -- Stewart Title
Grp Loan Llc $69,585 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $5,000 -9.1% $3 / Sq Ft
10/22/2023 10/22/23 Price Changed $5,500 +5400.0% $3 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $100 -- $0 / 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 $10,993 $23,800 $23,800 --
2022 $10,993 $32,600 $23,800 $8,800
2021 $602 $31,000 $23,800 $7,200
2020 $562 $29,000 $23,800 $5,200
2019 $568 $29,000 $23,800 $5,200
2018 $535 $29,000 $23,800 $5,200
2017 $539 $26,200 $23,800 $2,400
2016 $829 $40,700 $23,800 $16,900
2014 $1,140 $57,000 $23,800 $33,200
2013 $1,140 $57,000 $23,800 $33,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202335643

Indiana Regional MLS

APN: 20-05-12-302-021.000-001