Seller's Agent in 2019
Lynn Reecer
Reecer Real Estate Advisors
(260) 434-5750
295 Total Sales
Estimated Value: $1,170,732 - $1,536,000
On the east shore of Lake Wawasee, the sunsets light the sky and a historic sandy bottom beach known as Natti Crow Beach, hugs a two-mile shoreline of private homes that have stayed within families for generations. Rarely do any of these cottages become available. And that’s one of the reasons 10525 N. Lung Lane is so very special. Situated on Natti Crow’s protected cove, this adorable open concept cottage comes with a bunk house and guest house. Its capacity to sleep nineteen is perfect for extensive family gatherings and retreats, and its 5-6 car garage ensures plenty of parking and boat storage. Walk the quiet lane to Morrison Island. Attend the annual social. Enjoy the peacefulness of the eastern shore and make this the retreat YOUR family’s lake home for generations to come. Lake Wawasee is Indiana's largest natural lake and offers over 3500 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, as well as great places to go by boat to dine. The main home features 2835 total square feet and 50 feet of lake frontage. The property has a total of six bedrooms and five baths. The main cottage has three bedrooms, three bathrooms, a great room, dining room, master bedroom with ensuite bath, kitchen, wood flooring, fireplace, new refrigerator, new dishwasher, tile in kitchen and bath, new front windows, newer HVAC, and newer water heater. The bunk house has one bedroom, one bathroom, a great room, baseboard heat, window A/C, and new Marvin windows. The guest house (4 years old) is 1,700+ sq. ft. and has two bedrooms, one bathroom, and a great room. It also features remote pull-down shades, a 5-6 car garage, and outdoor pergola and deck. The brick walkway leads to a large pier. Additional features are an irrigation system with drip lines and low-maintenance vinyl siding.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Groover Robert | -- | Fidelity National Title | |
| Groover Robert | -- | None Available | |
| Groover Robert | $1,300,000 | Metropolitan Title Of In Llc |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Groover Robert | $975,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2019 04/23/19 | Sold | $1,300,000 | -7.1% | $459 / Sq Ft |
| 03/24/2019 03/24/19 | Pending | -- | -- | -- |
| 02/27/2019 02/27/19 | For Sale | $1,399,900 | -- | $494 / Sq Ft |
| 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 | $6,252 | $1,092,700 | $934,400 | $158,300 |
| 2023 | $6,903 | $1,187,900 | $859,200 | $328,700 |
| 2022 | $6,406 | $1,044,400 | $747,500 | $296,900 |
| 2021 | $5,066 | $847,100 | $638,100 | $209,000 |
| 2020 | $4,307 | $793,000 | $615,300 | $177,700 |
| 2019 | $4,912 | $812,500 | $638,100 | $174,400 |
| 2018 | $7,385 | $812,500 | $638,100 | $174,400 |
| 2017 | $7,548 | $812,800 | $638,100 | $174,700 |
| 2016 | $6,580 | $812,800 | $638,100 | $174,700 |
| 2014 | $7,155 | $799,000 | $638,100 | $160,900 |
| 2013 | $7,155 | $789,900 | $638,100 | $151,800 |
Seller's Agent in 2019
Lynn Reecer
Reecer Real Estate Advisors
(260) 434-5750
295 Total Sales
Buyer's Agent in 2019
Leslie Ferguson
Regan & Ferguson Group
(260) 312-8294
327 Total Sales
Source: Indiana Regional MLS
MLS Number: 201906556
APN: 43-04-24-400-129.000-025