NOT LISTED FOR SALE

57203 Phaeton Place Unit 29 Elkhart, IN 46516

Estimated Value: $428,000 - $724,451

1.58 Acres
$355,135 Price per Acre
68,825 Sq Ft Lot

Last Sold April 14, 2017

Last sale price $42,000

Est. 1,236% increase in value since last sale

Current estimated payment $3,517/month

1,860 Days on Market

About This Lot

As of April 2017

River front lots. Only lots available on Elkhart River! Spacious wooded home sites - serene setting. Large pond, paved jogging path. Open to all quality builders with architectural control guidelines. Beautiful homes - desirable setting and convenient location.

Last Agent to Sell the Property

Steve Miller

RE/MAX Results Listed on: 02/07/2012

RE/MAX Results

Last Buyer's Agent

Steve Miller

RE/MAX Results Listed on: 02/07/2012

RE/MAX Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,142

Lot Details

  • 1.58 Acre Lot
  • 156 Feet of Waterfront
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Concord Ox-Bow Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Heating System Uses Gas
  • The river is a source of water for the property
  • Shared Well
  • Well Required
  • Septic System

Community Details

  • Auburn Estates Subdivision
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 200615276010000009

Property Details

Property Type

Land

Est. Annual Taxes

$6,142

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: AUBURN ESTATES LOT 29 & INT IN COMMON AREA. |
  • Parcel Number ID: 200615276010000009
  • Platted: Yes
  • Location: Rural, Subdivision
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Heavily Wooded, Slope, Waterfront, Rolling, Water View
  • Restrictions: Building Restrictions
  • Type of Sale: Traditional
  • Miscellaneous: Easy Access to Interstate
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: North
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Frontage: 156
  • Water Name: Elkhart River
  • Road Frontage: County

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: Well Needed
  • Water Type: River
  • Well Type: Shared
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Septic

Condo/Co-op/Association

  • Association Fees: 650
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Concord Ox-Bow

Lot Info

  • Lot Dimensions: 1.58 acre
  • Estimated Lot Sq Ft: 68838
  • Estimated Lot Size Acres: 1.58
  • Lot Number: 29
  • Numberwooded Acres: 1.58
  • Improvements: Street Lights, Storm Sewers, Underground Service

Tax Info

  • Annual Taxes: 87.98

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Concord
  • Middle School: Concord
  • School District: Concord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
Apr 14, 2017
Sold by
Innovation Development Inc
Bought by
Nine Jay and Nine Andrea
Seller's Agent
Steve Miller
RE/MAX Results
Buyer's Agent
Steve Miller
RE/MAX Results
List Price
$55,900
Sold Price
$42,000
Premium/Discount to List
-$13,900
-24.87%
Current Estimated Value
$561,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,113
Avg. Annual Appreciation
35.42%
Original Mortgage
$33,600
Outstanding Balance
$28,363
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$532,750
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
Nine Jay -- Fidelity National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nine Jay $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $42,000 -24.9% --
03/12/2017 03/12/17 Pending -- -- --
02/07/2012 02/07/12 For Sale $55,900 -- --
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 $6,142 $602,300 $50,900 $551,400
2022 $6,142 $572,500 $50,900 $521,600
2021 $5,898 $529,600 $50,900 $478,700
2020 $6,974 $547,600 $50,900 $496,700
2019 $6,935 $540,600 $50,900 $489,700
2018 $5,185 $403,000 $50,900 $352,100
2017 $80 $3,100 $3,100 $0
2016 $88 $3,100 $3,100 $0
2014 $87 $3,200 $3,200 $0
2013 $71 $2,800 $2,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Miller

    Seller's Agent in 2017

    Steve Miller

    RE/MAX

    (574) 238-1436

    351 Total Sales

    Steve Miller
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Map

Source: Indiana Regional MLS

MLS Number: 505989

Indiana Regional MLS

APN: 20-06-15-276-010.000-009

Indiana Elkhart County Elkhart 46516

57203 Phaeton Place Unit 29, 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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