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(SOLD) $480,000

25845 Lake Drive Elkhart, IN  46514

  • 6 Beds
  • 4 Baths
  • 4,812 sq. Ft
Property Description
Purchase your dream lake home and have it paid for by renters! Looking for an investment property? This property brings in $3800 a week and has the potential to be sold with bookings and all furnishings if you want them. Wow, this 6 Bedrooms and 4 Bathroom home sits on a premium piece of Simonton Lake property! The South side of Simonton Lake is home to the best sandy beaches, and this property is no exception. The property features an over-sized lot, concrete seawall, aluminum pier, decks on both the main and upper level and a screened in porch. The home has 4812 square feet and has had major renovations. All new flooring, bathrooms, roof and mechanicals. When you walk in the main entrance, you can head upstairs to the main part of the home where you'll find a nice kitchen with granite countertops. It's open concept kitchen, dining and living room with a fabulous view of Simonton Lake. The master bedroom and bathroom have had a makeover with tiled shower. There are two more bedrooms and a full bathroom upstairs. Back downstairs to the ground level you'll find 3 more full bedrooms and 2 bathrooms. There is also a bonus room den or office space, another large living room, dining and kitchen. There's a full laundry room and a big game room too. The street-side part of the home has a super-large driveway and oversized 3 car garage. This home is fully furnished and has great potential for a new owner to use it themselves, or vacation rent it out like the current seller has done. Simonton Lake is a 302 Acre spring-fed lake. Home can be purchased furnished for a negotiated price if buyer wants it that way.
Address:25845 Lake Drive Elkhart IN 46514
Sold On: 9/15/2020
Bedrooms:6 Beds
Bathrooms:4 Full Baths
Sq. Feet:4,812
Year Built:1966
Lot Size:0.37
County: Elkhart County
Township: Osolo
School System : Elkhart Community
MLS #:201945883
Property Type:Site-Built Home

Lot Dimensions:49 x 328
Lot Description:Waterfront,Lake
Directions:County Road 9 north to Lake Dr, then east.
Total Sq. Ft. :4,812
Loan Price
Price And Interest $2,504/month
Property Tax $1,260/month
MTG INS $0/month
HOME INS $200/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$2,400 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Master Bedroom 17 x 12 Upper
2nd Bedroom 13 x 12 Upper
3rd Bedroom 13 x 14 Upper
4th Bedroom 12 x 14 Main
5th Bedroom 12 x 10 Main
Annual Property Tax:$7,560
Tax Year:2018
Mandatory HOA Fee:$
Subdivision: None
Zip Code:46514
School System:Elkhart Community
High School:Elkhart Memorial
Middle School:North Side
Elementary School:Mary Feeser
Total Sq. Ft.:4,812
Exterior Features:Wood
Fuel:Forced Air
Fireplace(s):Family Rm
Cool:Central Air
Heat:Forced Air
Total Rooms:10
Connie Shaffer, REALTOR®/Broker, F. C. Tucker Company
Connie Shaffer
Additional Phone (574) 245-5040
F.C. Tucker Company

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Listing provided courtesy of David Miller with Berkshire Hathaway HomeServices Elkhart

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.