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$460,000
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Property Description
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.
Full Property Details
Full Property Details for 55300 Falling Water Dr
General
- Sold For: $460,000
- HOA FEE: $10/month
- HOA FEE FREQ.: Annually
- Taxes: $3,966 (2025)
- Status: Closed
- Type: Single Family
- Source: Indiana_Regional_MLS
- MLS ID: 202620743
- Added to Site: 89 day(s) ago
Interior
- Number of Rooms: 14
- Number of Fireplaces: 2
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Vinyl
- Color: Vinyl
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: Attached
Location
- Subdivision: 88X115
- Driving Directions: From McKinley Hwy/ Old US 20 head North on Spring Run Turn Left on Falling Waters Ct Home is on the right
School Information
- Elementary School: Elkhart Community Schools
- Middle School: West Side
- High School: Elkhart
Community
- Optional Amenities: Bar, Landscaped, Open Floor Plan, Pantry-Walk In, Main Floor Laundry, Sump Pump
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Gas, Forced Air
- Heating Fuel: Gas, Forced Air
Utilities
- Sewer: City
Structural Information
- Architectural Style: One Story
- Exterior Const.: Vinyl
- Basement Entrance: 46514
- Basement Desc.: Poured Concrete
- Square Feet: 2
- Finished Above Grnd: 1,958 Sq. Ft.
- Finished Below Grnd: 1,300 Sq. Ft.
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,106
- Street/Road Desc.: Frontage Lot
- Lot Description: Rolling, Waterfront-Level Bank
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Creek
Financial Considerations
- Price Per Sq. Ft.: $234.93
- Association Fee: $120
- Assoc Fee Freq.: Annually
- Assessment Year: 15
- Tax Amount: $3,966
- Tax Year: 2025
Timeshare
- Fractional Own: Yes
Disclosures and Reports
- Restrictions: Yes
- Lot Number: 15
Listed by Irish Realty, Stephen Smith
Sold by Open Door Realty, Inc, Marvin Moore
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Schools
Schools serving 55300 Falling Water Dr
School District:Elkhart Community Schools
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Elkhart, IN 53403 County Road 1 North, Elkhart, IN 46514 | K-6 | 0.5 mi |
West Side Middle School 101 South Nappanee Street, Elkhart, IN 46514 | 7-8 | 2.4 mi |
Elkhart High School 2608 California Road, Elkhart, IN 46514 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55300 Falling Water Dr
Date
Details
Price
Change
Source
8/17/2026
Sold
$460,000
-1.05%
MLS
6/22/2026
Price Reduced
$464,900
-2.11%
MLS
5/29/2026
Listed
$474,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
55300 Falling Water Drive, Elkhart, IN 46514 (MLS# 202620743) is a Single Family property that was sold at $460,000 on August 17, 2026. Want to learn more about 55300 Falling Water Drive? Do you have questions about finding other Single Family real estate for sale in Elkhart? You can browse all Elkhart real estate or contact a Coldwell Banker agent to request more information.

