STUNNING AND EXPANSIVE HOME! This sprawling ranch style home with a walk-out lower level offers ample space for both relaxation and entertainment. The large open-concept design seamlessly blends the living room, dining area and kitchen, creating a welcoming and connected atmosphere. This fantastic home on .43 acres, features over 4,000 sq. ft. with an inviting front porch/entry area, vaulted ceilings, 3 bedrooms, 3.5 baths, an office (could be a 4th bedroom), main level laundry room, spacious primary suite, large kitchen with breakfast bar, pantry and SO MUCH MORE! The beautifully finished lower level walk-out has a family room, rec area, putting (golf) green, a workshop, full bathroom and ample storage. New HVAC system in 2019 and new refrigerator in 2023. Cobus Creek meanders through the woods along the back of the property. This amazing home is a rare find and is ready to welcome new owners! Agents, see remarks.
Closed
$409,900
55400 Falling Water Dr, Elkhart, IN 46514
3beds
3,950sqft
Single Family Residence
Built in 2006
0.43 Acres Lot
$455,200 Zestimate®
$--/sqft
$3,349 Estimated rent
Home value
$455,200
$432,000 - $478,000
$3,349/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marilyn Mausar Cell:574-220-1380,
Cressy & Everett - South Bend
Bought with:
Wendi Scoles, RB18000884
SUNRISE Realty
Source: IRMLS,MLS#: 202425344
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Family room
- Level: Lower
- Area: 645
- Dimensions: 15 x 43
Kitchen
- Level: Main
- Area: 324
- Dimensions: 27 x 12
Living room
- Level: Main
- Area: 432
- Dimensions: 27 x 16
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Electric Range, Water Softener Owned
- Laundry: Main Level
Features
- 1st Bdrm En Suite, Breakfast Bar, Walk-In Closet(s), Stone Counters, Eat-in Kitchen, Custom Cabinetry
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,158
- Total interior livable area: 3,950 sqft
- Finished area above ground: 2,079
- Finished area below ground: 1,871
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Workshop
- Body of water: Cobus Creek
Lot
- Size: 0.43 Acres
- Dimensions: 218x85
- Features: Few Trees, 0-2.9999
Details
- Additional structures: Shed
- Parcel number: 200503251015.000005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Brook Side / Brookside
HOA
- Has HOA: Yes
- HOA fee: $100 annually
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $457,200
- Annual tax amount: $3,993
- Date on market: 7/10/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2024 | Sold | $409,900 |
Source:  IRMLS #202425344 Report a problem | ||
| 7/14/2024 | Pending sale | $409,900 |
Source: IRMLS #202425344 Report a problem | ||
| 7/10/2024 | Listed for sale | $409,900 |
Source: IRMLS #202425344 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,269 +7.3% | $457,200 +8.4% |
| 2024 | $3,978 +9.6% | $421,600 +6.5% |
| 2023 | $3,631 +5.7% | $395,700 +10.9% |
| 2022 | $3,433 +9.6% | $356,800 +5.7% |
| 2021 | $3,132 -9.2% | $337,400 +3.7% |
| 2020 | $3,450 +2.6% | $325,400 +2.5% |
| 2019 | $3,361 +4.4% | $317,600 +3.4% |
| 2018 | $3,220 +33.6% | $307,200 +5.1% |
| 2017 | $2,409 | $292,200 +27.9% |
| 2016 | $2,409 +4.9% | $228,400 +6.2% |
| 2014 | $2,297 +10.6% | $215,100 +3.6% |
| 2013 | $2,077 +0.6% | $207,700 +0.6% |
| 2012 | $2,064 -12.3% | $206,400 -12.3% |
| 2011 | $2,353 -1% | $235,300 -1% |
| 2010 | $2,377 +1.5% | $237,700 -7.4% |
| 2009 | $2,342 +34539.1% | $256,700 +64075% |
| 2007 | $7 | $400 |
Find assessor info on the county website
Neighborhood: 46514
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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.
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- Indiana
- Elkhart County
- Osceola
- 46514
- 55400 Falling Water Dr
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