Tucked into a quiet subdivision off Old US 20, between Osceola and Elkhart you will find this updated 3 bedroom, 2 bath ranch sitting right on Cobus Creek. Come in from the circular drive, and side entry garage to an open floor plan with loads of light. With all 3 bedrooms and laundry conveniently on the main floor, everything you need is right at your fingertips. The thoughtfully finished basement includes a rec room and 2 bonus rooms; so set up your home office, and a space for guests; or a workout room, and a movie room without sacrificing the ample storage of a full basement. Set up a small workshop in the in the oversized garage. You will fall in love with the incredible view from your huge back deck over Cobus Creek. This serene outdoor space is a perfect place to host summer BBQ's or just lounge and listen to the babbling brook in your own backyard. This home is close to everything that both the South Bend and Elkhart areas have to offer, so you won't want to miss out on this fantastic find!
Closed
$339,500
55370 Falling Water Dr, Elkhart, IN 46514
3beds
3,180sqft
Single Family Residence
Built in 2005
0.35 Acres Lot
$341,900 Zestimate®
$--/sqft
$3,197 Estimated rent
Home value
$341,900
$294,000 - $400,000
$3,197/mo
Zestimate® history
Owner options
List your home for rent
$3,197/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,197/mo
Rent Zestimate®
Refinance and save
$2,312/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,312/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Thoughtfully finished basementSide entry garageCircular drive
Zillow last checked:
Listing updated:
Listed by:
Stephanie Larimore Cell:206-619-1996,
RE/MAX 100
Bought with:
Susie Tucker, RB14036083
Susie Tucker Realty
Source: IRMLS,MLS#: 202603969
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Living room
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Range/Oven Hook Up Gas, Dishwasher, Microwave, Refrigerator, Gas Range, Gas Water Heater, Water Softener Owned
- Laundry: Main Level
Features
- Breakfast Bar, Walk-In Closet(s), Laminate Counters, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite
- Flooring: Carpet, Laminate
- Basement: Full,Finished,Concrete,Sump Pump
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,180 sqft
- Finished area above ground: 1,680
- Finished area below ground: 1,500
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck Covered
- Exterior features: Irrigation System
- Fencing: None
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront, Waterfront-High Bank, Frontage Lot, Creek
- Body of water: Cobus Creek
- Frontage length: Water Frontage(90)
Lot
- Size: 0.35 Acres
- Dimensions: 75X201
- Features: Few Trees, City/Town/Suburb
Details
- Parcel number: 200503251013.000005
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Brook Side / Brookside
HOA
- Has HOA: Yes
- HOA fee: $240 annually
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $270,300
- Annual tax amount: $2,600
- Date on market: 2/9/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $339,500-3% |
Source:  IRMLS #202603969 Report a problem | ||
| 4/22/2026 | Pending sale | $350,000 |
Source: IRMLS #202603969 Report a problem | ||
| 2/9/2026 | Listed for sale | $350,000+79.5% |
Source: IRMLS #202603969 Report a problem | ||
| 10/21/2019 | Sold | $195,000-7.1%$61/sqft |
Source: Agent Provided Report a problem | ||
| 8/23/2019 | Price change | $209,900-2.3%$66/sqft |
Source: South Bend - WEICHERT, REALTORS - Jim Dunfee and Associates #201926887 Report a problem | ||
| 7/5/2019 | Price change | $214,900-2.3%$68/sqft |
Source: South Bend - WEICHERT, REALTORS - Jim Dunfee and Associates #201926887 Report a problem | ||
| 6/27/2019 | Listed for sale | $219,900$69/sqft |
Source: Weichert Rltrs-J.Dunfee&Assoc. #201926887 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,626 +11.6% | $285,300 +5.5% |
| 2024 | $2,353 +2.2% | $270,300 +6.4% |
| 2023 | $2,302 +14% | $254,000 +10.5% |
| 2022 | $2,020 +12.6% | $229,800 +5.4% |
| 2021 | $1,795 -13.7% | $218,100 +3.6% |
| 2020 | $2,080 +0.6% | $210,500 +3.2% |
| 2019 | $2,067 +1.3% | $203,900 +3.8% |
| 2018 | $2,041 +11.3% | $196,400 +4.2% |
| 2017 | $1,833 | $188,400 +7.8% |
| 2016 | $1,833 +4.9% | $174,700 +6.2% |
| 2014 | $1,747 +10% | $164,500 +3.5% |
| 2013 | $1,589 +0.4% | $158,900 +0.4% |
| 2012 | $1,583 +6.6% | $158,300 -1.5% |
| 2011 | $1,485 -0.5% | $160,700 -1% |
| 2010 | $1,492 +1.3% | $162,300 -7.4% |
| 2009 | $1,472 -20.4% | $175,200 +5.6% |
| 2007 | $1,850 | $165,900 |
Find assessor info on the county website
Neighborhood: 46514
Nearby homes
- $363,0004 bd3 ba2.7k sqft55384 Falling Water Dr, Elkhart, IN 46514Sold
- $336,4003 bd1 ba1.7k sqft55356 Falling Water Dr, Elkhart, IN 46514Off Market
- $373,9003 bd2 ba2.5k sqft55381 Falling Water Dr, Elkhart, IN 46514Off Market
- $409,9003 bd4 ba3.9k sqft55400 Falling Water Dr, Elkhart, IN 46514Sold
- $346,7003 bd1 ba1.5k sqft55318 Falling Water Dr, Elkhart, IN 46514Off Market
- $339,9003 bd2 ba1.6k sqft55359 Falling Water Dr, Elkhart, IN 46514Sold
- $380,9004 bd3 ba2.4k sqft55340 Falling Water Dr, Elkhart, IN 46514Off Market
- $317,4003 bd2 ba1.5k sqft55310 Falling Water Dr, Elkhart, IN 46514Off Market
Nearby schools
GreatSchools rating
- 4/10Cleveland Elementary SchoolGrades: K-6Distance: 0.6 mi
- 5/10West Side Middle SchoolGrades: 7-8Distance: 2.3 mi
- 2/10Elkhart High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Cleveland
- Middle: West Side
- High: Elkhart
- District: Elkhart Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$341,900
2% more
+$6,838
With Zillow Showcase(estimated)
$348,738
- Indiana
- Elkhart County
- Osceola
- 46514
- 55370 Falling Water Dr
Nearby cities
Nearby zip codes
Other Osceola Topics
