$375,000
SOLD JUL 10, 2023

1028 Terrace Lake Ln Crawfordsville, IA 52621

3 Beds
3 Baths
1,596 Sq Ft
1.04 Acres

Recently Sold

$235 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Attached Garage
  • Central Air
  • 1 Fireplace
  • Living Room
  • Dining Room

About This Home

As of March 2025

Quality built Ranch acreage with easy access to Hwy 218 and minutes to Mt. Pleasant, Washington and Iowa City in the well established community of Terrace Lake. Main floor offers kitchen with stainless steel appliances, eat at bar, solid surface countertops and beautiful solid wood cabinetry. Open concept dining room into living room offering wall to wall windows showcasing the stocked pond and access to large composite deck. Two bedrooms, 1 full bath, master bedroom with dual closets, master bathroom on suite offering walk in tile shower, tub, double sink vanity and heated floors. Mudroom with laundry located nicely off entrance from oversized 3 car garage (876 sq. ft). Lower level has walk out basement to patio, large family room with gas fireplace and beautiful mantel, wet bar area, non conforming bedroom/office/den, full bath, and lots of storage in utility area. Terrace Lake offers 2 mile walking path around the scenic landscape offering picturesque views of the lake.

Last Agent to Sell the Property

Renee Smith

Cottage Realty LLC License #*** Listed on: 06/03/2023

Last Buyer's Agent

Donald Whitaker

Skogman Realty

Skogman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 2010

Lot Details

  • 1.04 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Rural Water
  • Septic System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,194

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: TERRACE LAKE SD 2 PAR T
  • Municipality: Crawfordsville
  • Year Built: 2010
  • OFFICELIST_ADDRESS: 1028 Terrace Lake Lane
  • Distribute To Internet: Yes
  • List Office I D: 617
  • Sales Office I D: 2720
  • Selling Agent: 4389
  • Street Designation: Lane
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 3
  • Basement: Walkout, Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Main Floor Sq Ft: 1596
  • Price Per S Q F T: 234.96
  • Above Grade Finished Sq Ft: 1596
  • Above Grade Finished Sq Ft: 1596
  • Below Grade Finished Sq Ft: 1225
  • Below Grade Total Sq Ft: 1596
  • Fireplace: Yes
  • Total Finished Sq Ft: 1596

Exterior Features

  • Exterior: Brick/Stone, Vinyl
  • Foundation Size: 1596

Garage/Parking

  • Description: Attached Garage
  • Fuel: Electric, Propane

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 3
  • Heating: Heat Pump
  • Sewer: Septic System
  • Water: Rural/Municipality

Association/Amenities

  • Complex/Development/Subdivision: TERRACE LAKE

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 1.04
  • Geo Update Timestamp: 2023-06-05
  • Total Assessed Value: 346500
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: unknown
  • Lot Size Sq Ft: 45302
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 4194

MLS Schools

  • School District: 6700 - Waco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Mar 4, 2025
Sold by
Dilks Jacob and Mackenzie Leigh
Bought by
Kongable Michelle R and Beard William Marcus
Seller's Agent
Brad Oppedahl
Skogman Realty Co.
Buyer's Agent
Farrah Nelson
Skogman Realty Co.
List Price
$395,000
Sold Price
$395,000
Views
13
Current Estimated Value
$390,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,444
Avg. Annual Appreciation
-2.93%
Original Mortgage
$200,000
Outstanding Balance
$197,209
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$193,347

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jul 8, 2023
Sold by
Ganz Daniel T and Ganz Kathryn A
Bought by
Dilks Jacob and Dilks Mackenzie Leigh
Seller's Agent
Renee Smith
Cottage Realty LLC
Buyer's Agent
Donald Whitaker
Skogman Realty
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$325,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2021
Sold by
Ganz Daniel T and Ganz Kathryn A
Bought by
Ganz Daniel T and Ganz Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
2.2%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 24, 2016
Sold by
Fedler Jeffrey A and Fedler Shannon H
Bought by
Ganz Daniel T and Hensely Kathryn A
Seller's Agent
Holly Burden
Cottage Realty LLC
Buyer's Agent
Steve Gray
Cottage Realty LLC
List Price
$279,900
Sold Price
$273,000
Premium/Discount to List
-$6,900
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$218,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2012
Sold by
Reschly Bros
Bought by
Fedler Jeffrey A and Fedler Shannon H

Purchase Details

Closed on
May 28, 2010
Sold by
Reschly Construction Corp
Bought by
Fedler Jeffrey A and Fedler Shannon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 None Listed On Document
Warranty Deed $375,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $273,000 None Available
Warranty Deed -- None Available
Warranty Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Previous Owner $325,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $204,000 Construction
Previous Owner $218,400 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $170,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $395,000 0.0% $140 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $395,000 +5.3% $140 / Sq Ft
07/10/2023 07/10/23 Sold $375,000 +1.6% $235 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $369,000 +35.2% $231 / Sq Ft
03/28/2016 03/28/16 Sold $273,000 -2.5% $178 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $279,900 -- $182 / Sq Ft
Source: NoCoast 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 $4,548 $346,500 $35,300 $311,200
2023 $4,328 $346,500 $35,300 $311,200
2022 $4,194 $284,100 $35,300 $248,800
2021 $4,194 $286,500 $37,700 $248,800
2020 $4,128 $279,600 $37,700 $241,900
2019 $4,320 $279,600 $37,700 $241,900
2018 $3,828 $279,600 $37,700 $241,900
2017 $3,828 $256,800 $44,300 $212,500
2016 $3,784 $233,000 $0 $0
2015 $3,784 $209,700 $0 $0
2014 $3,520 $200,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6308456

NoCoast MLS

APN: 16-33-251-034