NOT LISTED FOR SALE

56771 Spruce Ln Elkhart, IN 46516

Estimated Value: $155,000 - $206,323

3 Beds
1 Bath
1,388 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $97,000 $70 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,056/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Attached Garage
  • Level Lot
  • Jimtown Intermediate School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Fresh, modern, and updated Jimtown Gem. Move in ready. Great colors. Clean. New kitchen, bath. New appliances. Refinished hardwood floors. White vinyl privacy fenced rear lawn with oversized shed with electric ran to it.

Last Agent to Sell the Property

Cory White

Realty Group Resources Listed on: 06/13/2017

Realty Group Resources

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1973

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61x130
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-05-11-476-014.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$925

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1973
  • Age: 44
  • Style: Tri-Level
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Elpaco Manor 3rd Lot 300
  • Parcel Number ID: 20-05-11-476-014.000-001
  • Platted: Yes
  • Sp Lp Percent: 102.21
  • Special Features: None

Interior Features

  • Total Sq Ft: 1388
  • Total Finished Sq Ft: 1388
  • Above Grade Finished Sq Ft: 1388
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 9x14, On Level: Main
  • Family Room: Dimensions: 20x19, On Level: Lower
  • Bedroom 1: Dimensions: 13x10, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Main Level Sq Ft: 888

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 12x8

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x12
  • Garage Sq Ft: 216

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 61x130
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 925
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 19, 2017
Sold by
Elam Bradley R P
Bought by
Newell James W and Speed Erika M
Seller's Agent
Cory White
Realty Group Resources
List Price
$94,900
Sold Price
$97,000
Premium/Discount to List
$2,100
2.21%
Current Estimated Value
$180,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,081
Avg. Annual Appreciation
8.38%
Original Mortgage
$95,238
Outstanding Balance
$80,997
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$106,677

Purchase Details

Listed on
Mar 4, 2014
Closed on
Mar 31, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Elam Bradley R P
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Bradley Elam
Century 21 Affiliated 49
List Price
$47,900
Sold Price
$51,900
Premium/Discount to List
$4,000
8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%

Purchase Details

Listed on
Mar 4, 2014
Closed on
Feb 6, 2014
Sold by
Gallegos Jacques A
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Bradley Elam
Century 21 Affiliated 49
List Price
$47,900
Sold Price
$51,900
Premium/Discount to List
$4,000
8.35%

Purchase Details

Closed on
Sep 14, 2007
Sold by
Yost Rhonda and Wilson Rhonda
Bought by
Gallegos Jacques A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Baldwin Michael J and Baldwin Christine L
Bought by
Wilson Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage
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
Newell James W -- Hamilton Title
Elam Bradley R P -- Total Title
Federal Home Loan Mortgage Corporation -- None Available
Gallegos Jacques A -- Meridian Title Corp
Wilson Rhonda -- Titleworks Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newell James W $95,238
Previous Owner Gallegos Jacques A $91,000
Previous Owner Wilson Rhonda $77,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $97,000 +2.2% $70 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $94,900 +82.9% $68 / Sq Ft
03/31/2014 03/31/14 Sold $51,900 +8.4% $39 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $47,900 -- $36 / 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 $1,212 $173,600 $22,300 $151,300
2022 $778 $139,700 $22,300 $117,400
2021 $875 $118,400 $22,300 $96,100
2020 $793 $112,100 $22,300 $89,800
2019 $773 $109,700 $22,300 $87,400
2018 $550 $94,600 $22,300 $72,300
2017 $585 $87,100 $22,300 $64,800
2016 $618 $90,500 $22,300 $68,200
2014 $575 $87,800 $22,300 $65,500
2013 $547 $86,400 $22,300 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Cory White

    Seller's Agent in 2017

    Cory White

    Realty Group Resources

    (574) 264-2000

    148 Total Sales

    Cory White
    Section Image
  • David Miller

    Seller's Agent in 2014

    David Miller

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-4835

    314 Total Sales

    David Miller
    Section Image

  • B

    Buyer's Agent in 2014

    Bradley Elam

    Century 21 Affiliated 49

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201726702

Indiana Regional MLS

APN: 20-05-11-476-014.000-001

Indiana Elkhart County Elkhart 46516

56771 Spruce Ln, Elkhart, IN

This home is located at 56771 Spruce Ln, Elkhart, IN 46516 since 13 June 2017 and is currently estimated at $180,081, approximately $129 per square foot. This property was built in 1973. 56771 Spruce Ln is a home located in Elkhart County with nearby schools including Jimtown Intermediate School, Jimtown Elementary School, and Jimtown Junior 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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