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$474,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 3 Full Baths
  • 2 Sq. Ft.
  • Updated 2 days ago
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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 for 55300 Falling Water Dr

General

  • Price: $474,900
  • HOA FEE: $10/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,966 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Indiana_Regional_MLS
  • MLS ID: 202620743
  • Updated: 5/30/2026
  • Added to Site: 4 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.: $242.54
  • 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 and Irish Realty, Justin T Frey

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Listing agents

— 55300 Falling Water Dr —

  • Stephen Smith

    Irish Realty

  • Justin T Frey

    Irish Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 55300 Falling Water Dr

School District:Elkhart Community Schools
NameGradesDistance
Cleveland Elementary School, Elkhart, IN
53403 County Road 1 North, Elkhart, IN 46514
K-60.5 mi
West Side Middle School
101 South Nappanee Street, Elkhart, IN 46514
7-82.4 mi
Elkhart High School
2608 California Road, Elkhart, IN 46514
9-122 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$474,900
11.74%
MLS
12/10/2025
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 55300 Falling Water Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,967
—
$408,400
5%
2024
$3,967
9%
$390,300
7%
2023
$3,648
9%
$366,100
11%
2022
$3,351
17%
$330,100
6%
2020
$2,873
-10%
$312,700
3%
2019
$3,197
11%
$302,600
3%
2020
$2,888
-10%
$295,200
3%
2019
$3,212
8%
$285,500
5%
2017
$2,979
—
$271,300
9%
2017
$2,979
10%
$248,000
3%
2016
$2,713
3%
$241,500
3%
2015
$2,633
-13%
$234,300
4%
2013
$3,011
34%
$226,000
1%
2012
$2,239
—
$223,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Irish Realty, Stephen Smith and Irish Realty, Justin T Frey

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55300 Falling Water Drive, Elkhart, IN 46514 (MLS# 202620743) is a Single Family property with 2 bedrooms and 3 full bathrooms. 55300 Falling Water Drive is currently listed for $474,900 and was received on May 29, 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.

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