NOT LISTED FOR SALE

10601 Lagoon Dr Grabill, IN 46741

Estimated Value: $512,000 - $604,000

5 Beds
2.5 Baths
4,428 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $557,500 $126 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,294/month

116 Days on Market

Highlights

  • 139 Feet of Waterfront
  • Pier or Dock
  • Primary Bedroom Suite
  • Cedarville Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of March 2024

First-Right Contingency Accepted Sprawling Ranch 5 Bedroom, 2.5 Bathroom with a Walkout Basement, Inground Pool overlooking the Cedarville Reservoir! One-of-a-Kind property, walk through the front door and you are welcomed with the beautiful views of water. The sunken formal living room has breathtaking views with access to the back deck. To the right of the foyer is a hall giving access to the private living spaces for 3 of the bedrooms. The Master offers a big bedroom ensuite, two closets, one being a nice walk-in, and a private jetted tub area. The two other bedrooms are good size with ample storage. A Full bathroom and multiple closets finish off the hall. The Kitchen has ample cabinet space connecting to the family room with a lovely brick fireplace wall and more gorgeous views of the Reservoir, and access to the back deck where you see the inground heated pool with safety cover. The basement offers another entertaining space that walks out into the pool area along with 2 decent sized bedrooms. Fishing, swimming, boating, and beautiful views await you outside all around this property. You have your own private pier to dock a boat or go fishing. This amazing haven awaits for its new owners.

Last Agent to Sell the Property

Angela Harouff

North Eastern Group Realty Brokerage Phone: 260-489-7095 Listed on: 10/06/2023

North Eastern Group Realty

Last Buyer's Agent

Brittany Meza

Keller Williams Realty Group

Keller Williams Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1969

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 156x150
  • 139 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Rural Setting
  • Corner Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • 2 Bedrooms in Basement

Outdoor Features

  • In Ground Pool
  • Sun Deck
  • Lake Property
  • Covered Patio or Porch

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

  • Forced Air Heating and Cooling System
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 02-03-27-127-001.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,471

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1969
  • Age: 55
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: FRL N 150 OF S 1480.2 OF W126.3 OF E 869.5 FT NW 1/4 0.53A SEC 27
  • Parcel Number ID: 02-03-27-127-001.000-042
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Jet Tub, Kitchen Island, Open Floor Plan, Patio Covered, Pocket Doors, Porch Covered, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Sump Pump, Custom Cabinetry
  • Location: Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 94.59
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4842
  • Total Finished Sq Ft: 4428
  • Above Grade Finished Sq Ft: 2767
  • Below Grade Finished Sq Ft: 1661
  • Below Grade Sq Ft: 414
  • Price Per Sq Ft: 201.48
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 20x15, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 23x14, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: Dimensions: 25x15, On Level: Basement
  • Extra Room: Storage Room, Dimensions: 23x15, On Level: Basement
  • Bedroom 1: Dimensions: 18x16, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 12x12, On Level: Basement
  • Bedroom 5: Dimensions: 12x12, On Level: Basement
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2075

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x15
  • Pool: Below Ground
  • Pool: Yes
  • Water Features: Pier/Dock
  • Water Frontage: 139
  • Water Name: Cedarville Reservoir

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x29
  • Garage Sq Ft: 725
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx8, On Level: 10
  • Water Type: River
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Cedarville

Lot Info

  • Lot Description: Corner, Irregular, Partially Wooded, Rolling, Waterfront, Lake, Water View
  • Lot Dimensions: 156x150
  • Estimated Lot Sq Ft: 23087
  • Estimated Lot Size Acres: 0.53

Tax Info

  • Annual Taxes: 2471
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Mar 19, 2024
Sold by
Jasperse Jay and Jasperse Marion
Bought by
Cripe Thomas and Cripe Jayne M
Seller's Agent
Angela Harouff
North Eastern Group Realty
Buyer's Agent
Brittany Meza
Keller Williams Realty Group
List Price
$599,900
Sold Price
$557,500
Premium/Discount to List
-$42,400
-7.07%
Views
518
Current Estimated Value
$569,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,047
Avg. Annual Appreciation
1.41%
Original Mortgage
$181,500
Outstanding Balance
$170,368
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$399,179

Purchase Details

Closed on
Jul 15, 2005
Sold by
Rich Linda K and Vukovich Linda K
Bought by
Jasperse Jay and Jasperse Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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 Buyer Sale Price Title Company
Cripe Thomas -- None Listed On Document
Jasperse Jay -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cripe Thomas $181,500
Previous Owner Jasperse Jay $279,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $557,500 -5.4% $126 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
11/24/2023 11/24/23 Price Changed $589,400 -0.9% $133 / Sq Ft
10/27/2023 10/27/23 Price Changed $594,900 -0.8% $134 / Sq Ft
10/06/2023 10/06/23 For Sale $599,900 -- $135 / 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 $3,296 $473,200 $46,400 $426,800
2023 $3,296 $411,100 $42,600 $368,500
2022 $2,471 $318,100 $42,600 $275,500
2021 $2,743 $325,900 $42,600 $283,300
2020 $2,656 $311,600 $42,600 $269,000
2019 $2,347 $306,700 $42,600 $264,100
2018 $2,339 $292,500 $31,700 $260,800
2017 $2,156 $263,300 $31,700 $231,600
2016 $1,984 $245,600 $31,700 $213,900
2014 $1,919 $240,600 $31,700 $208,900
2013 $2,016 $245,400 $31,700 $213,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202336801

Indiana Regional MLS

APN: 02-03-27-127-001.000-042