NOT LISTED FOR SALE

60181 County Road 101 Elkhart, IN 46517

Estimated Value: $817,837

3 Beds
2 Baths
1,880 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $800,000 $426 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,438/month

45 Days on Market

Highlights

  • 1,500 Feet of Waterfront
  • 59.33 Acre Lot
  • Partially Wooded Lot
  • Jimtown Intermediate School Rated A-
  • Farm
  • Traditional Architecture

About This Home

As of July 2017

Have you ever dreamed of owning a farm with land, cows, woods, and a stream?? This farm has went through an extensive renovation in 2015 from foundation walls and beyond. The 1855 home has been completely remodeled and modernized while still leaving a touch of the old character doors and trim. You will find a 3 bedroom 2 bath home. Main level master and two bedrooms on the second floor with a kids play room. New kitchen and stainless appliances! Additional items include all new electric, well, septic, roof, windows, fireplace, floors, doors and etc. There is a whole house automatic start generator as well. You will find a 1940 post and beam bank barn that has been repainted a complete cattle shoot system added in the lower level. Many possibilities with this "old barn". All cattle fencing has been replaced, and the farm is set up for two hay fields, two pastures, and a 30 acre leased field. Farmer would be willing to lease all acreage including pastures if buyer chose to do that. Farm is offered with beef cattle or can be purchased without cattle. Seller will consider splitting farm house with 30 acres for a price of $525,000. Broker owned.

Last Agent to Sell the Property

Josh Hendricks

Creekstone Realty Listed on: 05/26/2017

Last Buyer's Agent

Josh Hendricks

Creekstone Realty Listed on: 05/26/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1855

Lot Details

  • 59.33 Acre Lot
  • 1,500 Feet of Waterfront
  • Creek or Stream
  • Rural Setting
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Land Lease

Parking

  • 3 Car Detached Garage
  • Aggregate Flooring

Home Design

  • Traditional Architecture
  • Farm
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Stone or Rock in Basement

Outdoor Features

  • Covered Patio or Porch

Farming

  • Farm
  • Livestock Fence
  • 16 Acres of Pasture
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Whole House Permanent Generator
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 20-05-35-100-008.000-001

Property Details

Property Type

Other

Est. Annual Taxes

$4,780

Year Built

Built in 1855

Lot Details

0

Parking

3

Listing Details

  • Class: FARM/RANCH
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1855
  • Age: 162
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E1/2 NW EX 10.422A FOR HWY EX 5.05A EX 5.19A SEC 35 59.338A
  • Parcel Number ID: 20-05-35-100-008.000-001
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Gas/Elec, Garden Tub, Generator-Whole House, Kitchen Island, Natural Woodwork, Pantry-Walk In, Porch Covered, Range/Oven Hk Up Gas/Elec, Twin Sink Vanity, Tub and Separate Shower, Main Floor Laundry, Sump Pump
  • Location: Rural
  • Sp Lp Percent: 92.49
  • Type of Sale: Traditional
  • Special Features: None

Interior Features

  • Total Sq Ft: 2480
  • Total Finished Sq Ft: 1880
  • Above Grade Finished Sq Ft: 1880
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 425.53
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement, Unfinished
  • Basement Material: Poured Concrete, Stone
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x19, On Level: Main
  • Kitchen: Dimensions: 15x16, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 19x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 600

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None, Dimensions: 70x40, 2800
  • Fence: Farm
  • Water Frontage: 1500

Garage/Parking

  • Driveway: Aggregated
  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 37x22
  • Garage Sq Ft: 814
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Laundry: Dimensions: 5xMain, On Level: 7
  • Water Type: Creek
  • Well Size: 4 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling, Waterfront, 15+, Pasture, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 2584415
  • Estimated Lot Size Acres: 59.33
  • Leased Acres: Yes
  • Number Pasture Acres: 16
  • Numbertillable Acres: 41
  • Numberwooded Acres: 1
  • Type Of Farm: Multi-Purpose

Tax Info

  • Annual Taxes: 4780.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2023
Sold by
Traco Llc
Bought by
Cormican Cris and Cormican Deborah K
Current Estimated Value
$817,837

Purchase Details

Listed on
May 26, 2017
Closed on
Aug 9, 2017
Sold by
Traco Llc
Bought by
Koehn Vaughn A and Koehn Sharla R
Seller's Agent
Josh Hendricks
Creekstone Realty
Buyer's Agent
Josh Hendricks
Creekstone Realty
List Price
$865,000
Sold Price
$800,000
Premium/Discount to List
-$65,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$180,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 27, 2017
Sold by
Creekstone Investments Inc
Bought by
Traco Llc
Seller's Agent
Josh Hendricks
Creekstone Realty
Buyer's Agent
Josh Hendricks
Creekstone Realty
List Price
$865,000
Sold Price
$800,000
Premium/Discount to List
-$65,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2014
Sold by
Dimension Holdings Llc
Bought by
Creekstone Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Wernicke James R and Wernicke Helen L
Bought by
Dimension Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.68%
Mortgage Type
Seller Take Back
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
Cormican Cris -- Heritage Parke Title
Koehn Vaughn A -- Hamilton Title
Traco Llc -- Hamilton Title
Creekstone Investments Inc -- Fidelity Natl Title Co Llc
Dimension Holdings Llc -- Meridian Title Corp
Wernicke James R -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koehn Vaughn A $180,000
Previous Owner Creekstone Investments Inc $488,000
Previous Owner Dimension Holdings Llc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $800,000 -7.5% $426 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $865,000 -- $460 / 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 $1,022 $66,800 $66,800 --
2022 $1,022 $43,900 $43,900 $0
2021 $714 $37,700 $37,700 $0
2020 $707 $37,500 $37,500 $0
2019 $871 $45,700 $45,700 $0
2018 $845 $47,100 $47,100 $0
2017 $5,085 $252,900 $89,600 $163,300
2016 $4,796 $239,000 $93,300 $145,700
2014 $3,283 $164,000 $96,400 $67,600
2013 $3,314 $164,300 $99,300 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201723356

Indiana Regional MLS

APN: 20-05-35-100-008.000-001