NOT LISTED FOR SALE

58677 Palace Ln Elkhart, IN 46517

Estimated Value: $247,144 - $261,000

4 Beds
2 Baths
1,846 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $130,000 $70 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,472/month

4 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Eat-In Kitchen
  • Jimtown Intermediate School Rated A-
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of October 2017

Well loved and ready for a new family! Walk to Jimtown schools from this home. Newer windows, newer white kitchen, great landscaping, finished basement, fenced yard and more. The finished basement offers a possible 4th basement (no egress ) and full bath. Enjoy the deck with a Sunsetter awning. Come take a look!

Last Agent to Sell the Property

Sally Hernandez

Berkshire Hathaway HomeServices Elkhart Listed on: 08/28/2017

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

David Singell

Myers Trust Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 138
  • Privacy Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Electric Dryer Hookup
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-05-24-302-010.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 57
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Palace Gardens Sub lot 9
  • Parcel Number ID: 20-05-24-302-010.000-001
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Range/Oven Hook Up Elec, Tub/Shower Combination, Sump Pump
  • Cross Street: Bernice
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2128
  • Total Finished Sq Ft: 1846
  • Above Grade Finished Sq Ft: 1064
  • Below Grade Finished Sq Ft: 782
  • Below Grade Sq Ft: 282
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Block, Poured Concrete
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 12x22, On Level: Main
  • Kitchen: Dimensions: 12x15, On Level: Main
  • Family Room: Dimensions: 13x33, On Level: Lower
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 12x15, On Level: Lower
  • Main Level Sq Ft: 1064
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1064

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Chain Link, Privacy

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x23
  • Garage Sq Ft: 552

Utilities

  • Heating Fuel: Electric, Baseboard, Radiant
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Cable Company: Comcast
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100 x 138
  • Estimated Lot Sq Ft: 13809
  • Estimated Lot Size Acres: 0.317

Tax Info

  • Annual Taxes: 582
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 3, 2017
Sold by
Stump Donald V and Stump Joyce L
Bought by
Justus Dilin C
Seller's Agent
Sally Hernandez
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$116,900
Sold Price
$130,000
Premium/Discount to List
$13,100
11.21%
Current Estimated Value
$254,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,536
Avg. Annual Appreciation
8.77%
Original Mortgage
$127,645
Outstanding Balance
$108,505
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$146,031

Purchase Details

Closed on
Jun 14, 2002
Sold by
Gerrish Sandra R
Bought by
Stump Donald and Stump Joyce L

Purchase Details

Closed on
Jul 31, 2001
Sold by
Gerrish Barry L
Bought by
Gerrish Sandra R
Source: Public Records

Range of Values:

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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
Justus Dilin C -- Title Resource Agency
Stump Donald -- Metropolitan Title
Gerrish Sandra R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Justus Dilin C $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2017 10/03/17 Sold $130,000 +11.2% $70 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $116,900 -- $63 / 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 $1,399 $176,600 $22,400 $154,200
2022 $1,399 $155,300 $22,400 $132,900
2021 $1,107 $137,700 $22,400 $115,300
2020 $958 $126,000 $22,400 $103,600
2019 $863 $117,500 $22,400 $95,100
2018 $743 $111,400 $22,400 $89,000
2017 $649 $96,800 $22,400 $74,400
2016 $597 $93,800 $22,400 $71,400
2014 $527 $89,100 $22,400 $66,700
2013 $593 $89,100 $22,400 $66,700
Source: Public Records

Agents Affiliated with this Home

  • Sally Hernandez

    Seller's Agent in 2017

    Sally Hernandez

    Berkshire Hathaway HomeServices Elkhart

    (574) 202-2357

    84 Total Sales

    Sally Hernandez
    Section Image
  • David Singell

    Buyer's Agent in 2017

    David Singell

    Myers Trust Real Estate

    (574) 536-1191

    158 Total Sales

    David Singell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201740003

Indiana Regional MLS

APN: 20-05-24-302-010.000-001

Indiana Elkhart County Elkhart 46517

58677 Palace Ln, Elkhart, IN

This home is located at 58677 Palace Ln, Elkhart, IN 46517 since 28 August 2017 and is currently estimated at $254,536, approximately $137 per square foot. This property was built in 1960. 58677 Palace 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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