55300 Falling Water Drive
Elkhart, IN, 46514 $ 474,900
Bedrooms5 Baths3.0 Sq 3,258 Monthly Estimate*
$ 2,924
for $474,900 with 5 bedrooms and 3 full baths. This 3,258 square foot home was built in 2005 on a lot size of 0.23.
This beautifully maintained 5-bedroom, 3-bathroom home offers over 3,000 square feet of thoughtfully designed living space, blending comfort, functionality, and scenic natural surroundings. The inviting main level showcases soaring vaulted ceilings, a stunning double-sided stone fireplace, and multiple skylights that fill the home with abundant natural light, creating a warm and welcoming atmosphere throughout. The spacious primary suite serves as a private retreat, featuring elegant coffered ceilings and a luxurious ensuite bath complete with a relaxing jetted garden tub. Just beyond, the four-seasons room offers the perfect place to unwind while enjoying peaceful views of the backyard creek and surrounding landscape year-round. The finished walkout basement provides exceptional additional living space, complete with a guest bedroom, home gym, bar area, and a second stone fireplace, ideal for entertaining or accommodating guests. Recent updates, including new carpeting, fresh paint, and the replacement of the central air conditioning, furnace, and water heater, offer both style and peace of mind. Step outside to enjoy the covered front porch, expansive rear deck, and oversized 3-car garage. Situated along picturesque Cobus Creek, which meanders directly behind the property, you'll appreciate the tranquil setting and frequent visits from local wildlife, including ducks, deer, and wild turkey.
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FeaturesGeneralSewer City
Heating Gas Forced Air
Cooling Central Air
Laundry Y/N Main
Fireplaces Yes
Water Access Type Frontage Lot
Garage Attached
Amenities Bar Landscaped Open Floor Plan Pantry-Walk In Main Floor Laundry Sump Pump
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 2005
New Construction No
Subdivision Brook Side / Brookside
Style One Story
Township Cleveland
Class RESIDENTIAL
Type Site-Built Home
Age 21
REO No
Status Detail 0
Area Elkhart County
High School Elkhart
City Elkhart
School District Elkhart Community Schools
HOA Fees $ 120
Total Sq Ft 3916
Elementary School Cleveland
Middle School West Side
Legal Description BROOKSIDE LOT 15
Virtual Tour https://www.zillow.com/view-imx/2201af19-8f8f-441a-8577-59315108e1b6?wl=true&setAttribution=mls&initialViewType=pano
Agent First Name Stephen
Agent Last Name Smith
DOM 12
Tax Year 2025
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InteriorBasement Full Basement Finished
Fireplace(s) 2
Beds 5
Total Rooms 14
Fireplace Living/Great Rm Gas Log Basement
Full Baths Main 2
Full Baths Upper 0
Above Grade Bedrooms 3
Below Grade Baths 1
Below Grade Bedrooms 2
Full Baths Below Grade 1
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 13
2nd Bedroom Length 12
2nd Bedroom Level Main
2nd Bedroom Width 11
3rd Bedroom Length 12
3rd Bedroom Level Main
3rd Bedroom Width 11
4th Bedroom Length 15
4th Bedroom Level Lower
4th Bedroom Width 11
5th Bedroom Length 15
5th Bedroom Level Lower
5th Bedroom Width 10
Basement Material Poured Concrete
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ExteriorExterior Vinyl
Water Frontage 100
Pool No
Waterfront Creek
Garage Length 21
Garage Width 33
Lot Size Area 10106
Lot Dimensions 88X115
Lot Description Rolling Waterfront-Level Bank
Garage Capacity 3
Waterfront Y/N Yes
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* Excluded FeaturesList ByStephen SmithListing Agent
steve.smith@irishrealty.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,924
- Monthly Property Taxes
- $331
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Elkhart, IN
Average List Price $369,941
Percent of Sale Price 22%
About Elkhart, IN 53,365 Population
-3% Since 2002
$ 39,230 Median Income
35.79 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
1236589 Elementary School
1237294 Middle School
Elkhart High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/30/2026 | $474,900 | | Listed Price |