NOT LISTED FOR SALE

11 Fairlane Dr Warsaw, IN 46580

Estimated Value: $481,712 - $530,000

3 Beds
2 Baths
2,181 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $230,000 $105 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,073/month

163 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Pier or Dock
  • Fireplace in Bedroom
  • Lincoln Elementary School Rated A-
  • Lake Property
  • Dock Rights

About This Home

As of May 2014

Spacious all brick ranch on a large channelfront lot a short distance from Winona Lake (562 acre all-sport lake). Flexible floor plan, "L" shaped living room with dining area, beamed-vaulted master bedroom with built-in bookshelves and gas log fireplace (previously used as a home office), waterside kitchen with cherry cabinets, newer appliances and breakfast area, waterside glassed sunroom leads to the two tiered PVC deck overlooking the picket fenced yard. Covered 6x21 front porch, hardwood floors, ceramic tile, new high efficiency GFA furnace and central AC (one month old), concrete seawall with sun patio area, concrete floored crawlspace, newer water heater (2 years), water softener (5 years), reverse osmosis system, in-ground irrigation (pumps from channel), finished 2 car garage (knotty pine interior with storage cabinets, natural gas unit heater, 220 v electric hook-up), concrete driveway & more!. Great channel and lake views. Convenient in-town low traffic location.

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 10/28/2013

Last Buyer's Agent

Dan Widaman

Brian Peterson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 105x130
  • 105 Feet of Waterfront
  • Home fronts a canal
  • Picket Fence
  • Vinyl Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Suburban Location

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 004-074-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,389

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1962
  • Age: 52
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-074-014 S Ft of Lot 10 & Lot 11 Fair Lane SD 1
  • Parcel Number ID: 004-074-014
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Ceilings-Beamed, Ceilings-Vaulted, Central Vacuum System, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Foyer Entry, Garage Door Opener, Porch Covered, Six Panel Doors, Split Br Floor Plan
  • Grid: 15 - Central Kosc. Water
  • Location: City/Town/Suburb, Lake
  • Parcel Id2: 43-11-16-400-224.000-032
  • Sp Lp Percent: 92.22
  • State Id: 0471201925
  • Special Features: None

Interior Features

  • Total Sq Ft: 2181
  • Total Finished Sq Ft: 2181
  • Above Grade Finished Sq Ft: 2181
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: 1st Bdrm, Gas Log
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 15x24, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Breakfast Room: Dimensions: 8x11, On Level: Main
  • Dining Room: Dimensions: 8x12, On Level: Main
  • Family Room: Dimensions: 12x20, On Level: Main
  • Extra Room: Foyer, Dimensions: 7x9, On Level: Main
  • Bedroom 1: Dimensions: 12x18, On Level: Main
  • Bedroom 2: Dimensions: 15x16, On Level: Main
  • Bedroom 3: Dimensions: 10x14, On Level: Main
  • Main Level Sq Ft: 2181
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 105
  • Fence: Picket, PVC
  • Lake Type: Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock
  • Water Frontage: 105
  • Water Name: Winona Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x24
  • Garage Sq Ft: 648

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Hot Water
  • Sewer: City
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: 5xMain, On Level: 11
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 105x130
  • Estimated Lot Sq Ft: 13650
  • Estimated Lot Size Acres: 0.3133
  • Zoning: R-1 Residential

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 2389
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Winn Gregory A
Bought by
Wolf Bruce S and Wolf Jackie L
Current Estimated Value
$497,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$206,656
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$302,135

Purchase Details

Listed on
Oct 28, 2013
Closed on
May 16, 2014
Sold by
Hepler Todd W and Hepler Vickie L
Bought by
Winn Gregory A
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
Dan Widaman
Brian Peterson Real Estate
List Price
$257,000
Sold Price
$230,000
Premium/Discount to List
-$27,000
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$184,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Wallace John Henry
Bought by
Hepler Todd W and Hepler Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,090
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 1998
Sold by
Lightfoot Milo W Estate
Bought by
Watkins Sterling L and Watkins Sarah J
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
Wolf Bruce S $330,000 Meridian Title Corporation
Winn Gregory A -- None Available
Hepler Todd W -- None Available
Watkins Sterling L $145,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Bruce S $230,000
Previous Owner Winn Gregory A $184,000
Previous Owner Hepler Todd W $28,900
Previous Owner Hepler Todd W $211,000
Previous Owner Hepler Todd W $216,090
Previous Owner Wallace Helen M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $230,000 -10.5% $105 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $257,000 -- $118 / 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 $4,581 $441,800 $110,200 $331,600
2023 $4,311 $414,200 $104,000 $310,200
2022 $3,748 $358,900 $93,600 $265,300
2021 $3,434 $327,100 $93,600 $233,500
2020 $2,861 $272,800 $93,600 $179,200
2019 $2,754 $262,200 $93,600 $168,600
2018 $2,760 $262,200 $93,600 $168,600
2017 $2,644 $250,700 $93,600 $157,100
2016 $2,572 $243,700 $93,600 $150,100
2014 $2,389 $238,900 $93,600 $145,300
2013 $2,389 $238,900 $93,600 $145,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201316428

Indiana Regional MLS

APN: 43-11-16-400-224.000-032