NOT LISTED FOR SALE

1048 S 250 W Albion, IN 46701

Estimated Value: $467,000 - $707,000

4 Beds
2.5 Baths
3,853 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $330,000 $86 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,588/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Great Room
  • 20.63 Acre Lot
  • Partially Wooded Lot
  • 2 Car Attached Garage

About This Home

As of April 2018

Check out this beautiful cape cod, sitting on over 20 acres of land in rural Albion. This home boasts over 3,000 square feet of living space, with 4 spacious bedrooms and 2½ baths, including a 12x8 master bath with jacuzzi tub & separate shower. Beautiful views from every room, each bedroom having its very own walk-in closet. This large, eat-in kitchen includes all stainless-steel appliances, and is perfect for families who like to cook, gather and socialize. The beautiful open floor plan adds warmth and richness throughout. The walk-out basement has its own elegant and spacious living room area, which could easily be used as an in-law suite, movie room or a massive entertainment area. One of the best features of this property, is the abundance of wildlife you’ll enjoy watching throughout the property – which has 8 acres of woods, as well as a winding creek where you can canoe right into beautiful Marl Lake from your front yard. There is also plenty of outdoor storage, including an 8 x 8 shed, a 20 x 20 carport , a barn and room to dig a pond if desired. This home has many energy & cost-saving features, including a 3 zone geothermal heating & cooling, Kinetico water softener system and a double bladder well tank!! Many more updates were made to this home in 2013, making it feel brand new! This home also features a Home Warranty for a worry free piece of mind. Don’t miss out on this beauty!! Schedule your personal tour today!

Last Agent to Sell the Property

Joe Sells

Hosler Realty Inc - Kendallville Listed on: 03/06/2018

Last Buyer's Agent

Vincent Crump

Hosler Realty Inc - Kendallville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 2004

Lot Details

  • 20.63 Acre Lot
  • Creek or Stream
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Wolf Lake Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 57-19-10-100-007.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2004
  • Age: 14
  • Style: Two Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: E 1/2 Nw 1/4 Ne 1/4 Sec 10 20.063a |
  • Parcel Number ID: 57-19-10-100-007.000-009
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Eat-In Kitchen, Garage Door Opener, Garden Tub, Home Warranty Included, Kitchen Island, Range/Oven Hook Up Elec, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Garage-Heated, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 101.57
  • Year Taxes Payable: 2017-2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4207
  • Total Finished Sq Ft: 3853
  • Above Grade Finished Sq Ft: 2453
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 354
  • Price Per Sq Ft: 134.53
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Living Great Room: Dimensions: 23x12, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 9x16, On Level: Main
  • Bedroom 3: Dimensions: 15x15, On Level: Upper
  • Bedroom 4: Dimensions: 15x15, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1754

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x25
  • Garage Sq Ft: 600
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Geothermal Hvac, Zoned Air Condtioning, Zoned Heating
  • Water Type: Creek
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Wolf Lake

Lot Info

  • Lot Description: Partially Wooded, Rolling, 15+
  • Lot Dimensions: 898,643
  • Estimated Lot Sq Ft: 898643
  • Estimated Lot Size Acres: 20.63

Tax Info

  • Annual Taxes: 1796.32
  • Exemptions: Geothermal, Homestead, Mortgage

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 16, 2018
Sold by
Schamberger Stephen C and Schamberger Lindsey A
Bought by
Dunton Russell E
Seller's Agent
Joe Sells
Hosler Realty Inc - Kendallville
Buyer's Agent
Vincent Crump
Hosler Realty Inc - Kendallville
List Price
$324,900
Sold Price
$330,000
Premium/Discount to List
$5,100
1.57%
Current Estimated Value
$622,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,721
Avg. Annual Appreciation
8.87%
Original Mortgage
$210,000
Outstanding Balance
$180,680
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$442,041

Purchase Details

Closed on
Jun 25, 2009
Sold by
Joshua T Golden
Bought by
Stephen Corey Schamberger and Schamberger Lindsey A
Source: Public Records

Range of Values:

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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
Dunton Russell E $262,600 Attorney Only
Stephen Corey Schamberger $155,000 Assurance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunton Russell E $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $330,000 +1.6% $86 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $324,900 -- $84 / 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 $3,436 $483,500 $139,500 $344,000
2023 $3,461 $478,400 $134,300 $344,100
2022 $3,651 $473,900 $134,300 $339,600
2021 $2,859 $406,300 $116,300 $290,000
2020 $3,014 $349,500 $99,100 $250,400
2019 $2,344 $305,200 $99,200 $206,000
2018 $2,166 $286,400 $98,200 $188,200
2017 $1,928 $261,600 $78,200 $183,400
2016 $1,796 $263,100 $78,200 $184,900
2014 $1,644 $260,700 $78,200 $182,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201808089

Indiana Regional MLS

APN: 571910100007000009