NOT LISTED FOR SALE

1027 Chapman Lake Dr Warsaw, IN 46582

Estimated Value: $654,000 - $842,800

4 Beds
2.5 Baths
2,500 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $612,500 $245 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,237/month

93 Days on Market

Highlights

  • 57 Feet of Waterfront
  • Pier or Dock
  • Open Floorplan
  • Warsaw Community High School Rated A-
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of March 2019

Sunset views and sandy beaches. This newer Chapman Lake home is a custom Bob Buescher build. 2,500 square feet, 57 feet of lake frontage, 4 bedrooms, 2.5 baths, open concept floor plan, quartz countertops throughout, stainless appliances, commercial ice maker, walk-in pantry, fireplace, master bedroom with ensuite, tiled master shower, Jeld-wen windows, large yard, professional landscaping, concrete stamped patio, RO system, heated three-car garage, security cameras, LED lights throughout, pre-wired for hot tub and generator. Big & Little Chapman combine to make 638 surface acres of pristine water. Big Chapman is an all sports lake while Little Chapman has a 10 mph limit. There are multiple sandbars around the big lake. The Chapman Lake Conservation Club holds pancake breakfasts, fish fry's and 4th of July fireworks and parade.

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 11/13/2018

Last Buyer's Agent

Brian Peterson

Brian Peterson Real Estate Listed on: 11/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 2014

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 67x235
  • 57 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Shingle Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-07-25-300-986.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,786

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2014
  • Age: 5
  • Style: Two Story
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 029-099-032.A LOT 13 & LOT 12 LESS N 10' & STP TO WATERS EDGE ELMHURST PK |
  • Parcel Number ID: 43-07-25-300-986.000-016
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Countertops-Solid Surf, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Open Floor Plan, Patio Open, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 95.85
  • Special Features: None

Interior Features

  • Total Sq Ft: 2500
  • Total Finished Sq Ft: 2500
  • Above Grade Finished Sq Ft: 2500
  • Price Per Sq Ft: 245
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Family Room: On Level: N/A
  • Den: Dimensions: 12x11, On Level: Main
  • Recreation Room: On Level: N/A
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Bedroom 4: Dimensions: 17x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Shingle, Stone
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 57
  • Water Name: Big Chapman Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x33
  • Garage Sq Ft: 726
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 11
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Leesburg
  • Middle School: Lakeview
  • High School: Warsaw

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 67X235
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36
  • Lot Number: 13

Tax Info

  • Annual Taxes: 2785.98
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2018
Closed on
Mar 15, 2019
Sold by
Crouse Justin and Crouse Kristina
Bought by
Robinson Gay Donald J and Robinson Gay Danielle E
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$650,000
Sold Price
$612,500
Premium/Discount to List
-$37,500
-5.77%
Current Estimated Value
$721,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,700
Avg. Annual Appreciation
2.51%
Original Mortgage
$400,000
Outstanding Balance
$351,668
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$369,532

Purchase Details

Listed on
Apr 12, 2017
Closed on
Sep 22, 2017
Sold by
Shipley Scott E and Shipley Kelly S
Bought by
Crouse Justin and Crouse Kristina
Seller's Agent
Bev Ganshorn
Brian Peterson Real Estate
Buyer's Agent
Julie Tripp
Brian Peterson Real Estate
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$492,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2014
Sold by
Shipley Kelly S
Bought by
Shipley Scott E and Shipley Kelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Vitoux Robert E and Vitoux Debral L
Bought by
Hanlin Earle R and Hanlin Kelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Wiles John R and Wiles Donna J
Bought by
Vitoux Robert E and Vitoux Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robinson Gay Donald J $612,500 Center Title Services
Crouse Justin -- None Available
Shipley Scott E -- None Available
Hanlin Earle R -- None Available
Vitoux Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Gay Donald J $400,000
Previous Owner Crouse Justin $492,000
Previous Owner Shipley Scott E $459,000
Previous Owner Hanlin Earle R $234,000
Previous Owner Vitoux Robert E $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2019 03/15/19 Sold $612,500 -4.1% $245 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
12/29/2018 12/29/18 Price Changed $639,000 -1.7% $256 / Sq Ft
11/13/2018 11/13/18 For Sale $650,000 +5.7% $260 / Sq Ft
09/22/2017 09/22/17 Sold $615,000 -5.2% $246 / Sq Ft View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $649,000 -- $260 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,966 $717,000 $243,600 $473,400
2023 $4,373 $660,900 $231,600 $429,300
2022 $3,921 $566,300 $196,900 $369,400
2021 $3,320 $480,400 $178,300 $302,100
2020 $3,379 $478,100 $172,900 $305,200
2019 $2,999 $441,700 $159,300 $282,400
2018 $2,786 $415,700 $149,800 $265,900
2017 $2,522 $398,400 $149,800 $248,600
2016 $2,847 $410,500 $174,200 $236,300
2014 $1,772 $292,600 $174,200 $118,400
2013 $1,772 $292,600 $174,200 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201850689

Indiana Regional MLS

APN: 43-07-25-300-986.000-016