NOT LISTED FOR SALE

57115 Phaeton Place Elkhart, IN 46516

Estimated Value: $571,000 - $708,553

5 Beds
4.5 Baths
6,126 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 10, 2014

Last sale price $400,000 $65 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,988/month

313 Days on Market

Highlights

  • River Front
  • Cathedral Ceiling
  • Formal Dining Room
  • Living Room with Fireplace
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of January 2014

BEAUTIFUL, SPACIOUS TWO STORY ON THE ELKHART RIVER BUILT BY SCHROCK HOMES! You will love the ambience from the time you walk in the front foyer w/high ceilings; open stairway to UL w/4 bdrms, master bath w/jacuzzi, hall bath & Jack & Jill bath. The kitchen features beautiful hickory cabinets & large pantry. Finished LL w/daylight windows, 2nd family rm, lg. wet bar w/granite countertops; 5th bdrm w/egress & 3/4 bath; att 3-car grg; lg. deck w/view of river & woods. Situated on a cul-de-sac in Concord Twp.

Last Agent to Sell the Property

Cindy Yoder

RE/MAX Results Listed on: 01/11/2013

RE/MAX Results

Last Buyer's Agent

Brandilyn Milsllagle

Realty Group Resources

Realty Group Resources

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 2002

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 193 x 330
  • River Front
  • Cul-De-Sac
  • Irrigation

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Home Security System
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 200615276014000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2002
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: AUBURN ESTATES LOT 33 & INT IN COMMON AREA
  • Parcel Number ID: 200615276014000009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Cable Ready, Ceiling-Cathedral, Deck Open, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Irrigation System, Wet Bar, Formal Dining Room, Main Floor Laundry
  • Number Below Grade Bedrooms: 1
  • Special Features: None

Interior Features

  • Total Sq Ft: 6377
  • Total Finished Sq Ft: 6126
  • Above Grade Finished Sq Ft: 4326
  • Below Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 251
  • Basement Foundation: Daylight, Full Basement, Finished
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Recreation Room: On Level: Lower
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Lower
  • Other Room1: Sun room/Bonus, On Level: Main
  • Other Room 2: Laundry, On Level: Main
  • Other Room 3: Main Floor Laundry
  • Main Level Sq Ft: 2051
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2051

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3

Utilities

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

Lot Info

  • Lot Description: Cul-De-Sac, 0-2.9999
  • Lot Dimensions: 193 x 330
  • Estimated Lot Sq Ft: 63598
  • Estimated Lot Size Acres: 1.46
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 3799.46
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Jan 10, 2014
Sold by
Mcclain Richard E and Mcclain Anita L
Bought by
Newburn Jason and Newburn Kimberly
Seller's Agent
Cindy Yoder
RE/MAX Results
Buyer's Agent
Brandilyn Milsllagle
Realty Group Resources
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Current Estimated Value
$658,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,888
Avg. Annual Appreciation
4.32%
Original Mortgage
$380,000
Outstanding Balance
$285,996
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$372,892

Purchase Details

Closed on
Sep 13, 2002
Sold by
Schrock Homes Inc
Bought by
Mcclain Richard E and Mcclain Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,300
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Innovative Developments Inc
Bought by
Schrock Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,300
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Newburn Jason -- Metropolitan Title
Mcclain Richard E -- Stewart Title Of Elkhart Cnt
Schrock Homes Inc -- Stewart Title Of Elkhart Cou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newburn Jason $380,000
Previous Owner Mcclain Richard E $435,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2014 01/10/14 Sold $400,000 -8.0% $65 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $435,000 -- $71 / 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 $6,268 $583,900 $68,600 $515,300
2022 $6,268 $562,700 $68,600 $494,100
2021 $6,326 $526,500 $68,600 $457,900
2020 $7,145 $523,300 $71,300 $452,000
2019 $7,102 $514,700 $71,300 $443,400
2018 $5,916 $457,500 $71,300 $386,200
2017 $5,652 $433,400 $71,300 $362,100
2016 $5,696 $431,900 $71,400 $360,500
2014 $5,283 $409,700 $71,400 $338,300
2013 $3,870 $356,500 $62,400 $294,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cindy Yoder

    RE/MAX

    Section Image
  • Brandilyn Milsllagle

    Buyer's Agent in 2014

    Brandilyn Milsllagle

    Realty Group Resources

    (574) 361-9859

    96 Total Sales

    Brandilyn Milsllagle
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 585922

Indiana Regional MLS

APN: 20-06-15-276-014.000-009

Indiana Elkhart County Elkhart 46516

57115 Phaeton Place, Elkhart, IN

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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