NOT LISTED FOR SALE

57485 Phaeton Place Elkhart, IN 46516

Estimated Value: $398,000 - $545,000

3 Beds
3.5 Baths
4,291 Sq Ft
$109/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $275,000 $64 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,730/month

80 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 2 Car Attached Garage
  • Living Room with Fireplace
  • Ranch Style House
  • Double Pane Windows

About This Home

As of July 2014

Top tier model home quality construction! This home has it all and really shows it! Be the entertainer you've always wanted to be with these lavish features! Coffered ceilings throughout the main level. Spacious kitchen with plenty of glazed cabinetry and a center island. Formal dinning room and breakfast nook. Beautiful real hardwood floors. Full finished basement equipped with large family room, spacious gaming room, and another huge room that includes a full bar with built in kegerator, beverage cooler, and plenty of room for even more seating and entertaining. All three bedrooms have oversized walk-in closets making storage simple and neat. Built in central vacuum system on both levels makes cleaning fast and easy. Each level has a built in gas fire place to keep you warm and cozy. Main level den with custom built-in book shelves making a great office space. New professionally installed landscaping makes the outside feel just as elegant and inviting as the inside. New professionally installed custom fencing with locking gates adds just the right touch to make this house a home. Security cameras equipped both inside and outside the home. The neighborhood has a wonderful common area that includes two ponds, fountains, and a large paved walking path around the main pond and river. Come home to the feeling of comfort and extravagant living....come home to Auburn Estates!

Last Agent to Sell the Property

Cory White

Realty Group Resources Listed on: 04/09/2014

Realty Group Resources

Last Buyer's Agent

Cory White

Realty Group Resources Listed on: 04/09/2014

Realty Group Resources

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 2001

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 157x245
  • Waterfront
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Outdoor Features

  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 20-06-15-277-001.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,287

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: AUBURN ESTATES LOT 1 & INT IN COMMON AREA
  • Parcel Number ID: 20-06-15-277-001.000-009
  • Platted: Yes
  • Number Below Grade Bedrooms: 1
  • Special Features: None

Interior Features

  • Total Sq Ft: 4582
  • Total Finished Sq Ft: 4291
  • Above Grade Finished Sq Ft: 2291
  • Below Grade Finished Sq Ft: 2000
  • Below Grade Sq Ft: 291
  • Basement Foundation: Daylight, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Main Level Sq Ft: 2291
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2291

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Pond
  • Well Size: 4 Inches
  • Well Type: Private

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 157x245
  • Estimated Lot Sq Ft: 38333
  • Estimated Lot Size Acres: 0.88

Green Features

  • Energy Efficient: Appliances, Electrical/Lighting, HVAC, Insulation
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 2287
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jul 30, 2014
Sold by
Mikev Nicholas
Bought by
Adkins Joseph E and Adkins Samantha J
Seller's Agent
Cory White
Realty Group Resources
Buyer's Agent
Cory White
Realty Group Resources
List Price
$368,000
Sold Price
$275,000
Premium/Discount to List
-$93,000
-25.27%
Current Estimated Value
$469,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,134
Avg. Annual Appreciation
4.86%
Original Mortgage
$245,000
Outstanding Balance
$187,369
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$281,765

Purchase Details

Closed on
Oct 18, 2011
Sold by
Sabr Mortgage Loan 2008 1 Reo Subsidiary
Bought by
Mikev Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,616
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2011
Sold by
Gonyon Deana and Gonyon William
Bought by
Sabr Mortgage Loan 2008-1 Reo Subsidiary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,616
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2005
Sold by
Schrock Homes Inc
Bought by
Gonyon William and Gonyon Deana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,200
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
A J J M Llc
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
$338,200
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2001
Sold by
Innovative Developments Inc
Bought by
A J J M Llc
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
Adkins Joseph E -- Meridian Title Corp
Mikev Nicholas -- Premium Title Services
Sabr Mortgage Loan 2008-1 Reo Subsidiary $250,000 None Available
Gonyon William -- Stewart Title Of Elkhart Cou
Schrock Homes Inc -- Stewart Title Of Elkhart Cou
A J J M Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Joseph E $245,000
Previous Owner Mikev Nicholas $214,616
Previous Owner Gonyon William $338,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $275,000 -25.3% $64 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $368,000 -- $86 / 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 $3,145 $338,500 $62,300 $276,200
2022 $3,145 $320,200 $62,300 $257,900
2021 $3,060 $304,500 $62,300 $242,200
2020 $3,483 $288,500 $40,200 $248,300
2019 $3,467 $285,600 $40,200 $245,400
2018 $3,285 $270,500 $40,200 $230,300
2017 $3,099 $254,500 $40,200 $214,300
2016 $3,093 $254,000 $40,200 $213,800
2014 $2,819 $237,400 $40,200 $197,200
2013 $2,272 $227,200 $40,200 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201411580

Indiana Regional MLS

APN: 20-06-15-277-001.000-009