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53337 E Cobus Dr, Elkhart, IN, 46514

4beds
3baths
3,224sqft
$424,500
$132price/sqft
$2,972/moest. monthly cost
$118,880/yrincome needed

About This Home

MOTIVATED SELLER, HURRY BEFORE ITS GONE!. Beautifully situated on Cobus Lake soothing sunrises and breathtaking sunsets.This lovely home offers everything. 4 bedrooms, 3 on main, 1 lower, 3 full baths, great room, dining room spacious kitchen with island and plenty of cabinetry. New light fixtures, newer flooring, finished walkout basement with bath and wet bar. Luxury vinyl flooring, HVAC less then 1 year. Basement and main level laundry's ,washer and dryer in basement stay. New composite deck overlooks the lake in this peaceful and tranquil setting. Buyers to verify, schools, measurements, taxes. Welcome Home!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
5/10
West Side Middle SchoolGrades 7-83.0 mi
2/10
Elkhart High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1991

Materials

  • Roof: Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Walkout Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Washer,Dryer-Gas,Gas Range,Gas Water Heater
  • Laundry features: Gas Dryer Hookup,Main Level

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Partially Finished,Concrete,Sump Pump

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Entrance Foyer,Kitchen Island,Main Level Bedroom Suite
  • Flooring: Carpet,Other
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,362
  • Finished area above ground: 1,862

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,724
  • Total interior livable area: 3,224 sqft

Property

Details

  • Parcel number: 200127276009.000005
  • Other equipment: Sump Pump

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Irrigation System
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Waterfront,Deck on Waterfront,Pier/Dock,Frontage Lot,Non Ski Lake,Lake
  • Waterbody name: Cobus Creek
  • Frontage length: Channel/Canal Frontage(0),Water Frontage(80)

Lot

  • Lot size: 0.36 Acres
  • Features: Sloped,City/Town/Suburb,Lake,Landscaped
  • Lot size dimensions: 100X155

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,146$25,752
Home Insurance *$224$2,688
Property Taxes $307$3,684
Electricity $295$3,546
Total$2,972$35,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,897/yr
40% on housing$89,160/yr
45% on housing$79,253/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 46514$143
Elkhart County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46514$134
Elkhart County$136

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$410,500
2026-08-06Price change$410,500
2026-07-11Price change$424,500
2026-07-05Price change$437,999
2026-06-26Price change$442,999
2026-06-08Price change$445,000
2026-05-25Listed for sale$450,000
2015-07-10Sold$236,000
2015-06-09Pending sale$239,900
2015-05-14Price change$239,900
2015-03-17Price change$249,900
2015-03-06Price change$255,000
2014-11-18Listed for sale$264,900
2008-05-09Listing removed$228,500
2008-03-05Listed for sale$228,500

For Sale by Agent

AgentJoydeen Smith
BrokerageSUNRISE Realty

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