NOT LISTED FOR SALE

11437 E Island Rd Walkerton, IN 46574

Estimated Value: $491,000 - $576,000

2 Beds
2 Baths
1,742 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $425,000 $244 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,513/month

27 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Primary Bedroom Suite
  • 89 Feet of Waterfront
  • Parking available for a boat
  • Open Floorplan

About This Home

As of October 2021

AMAZING VIEWS OF THE WATER FROM ALL WINDOWS ON AN ALL SKI LAKE! This updated all brick home on Koontz Lake features waterfront on three sides and is Move-in ready! 2 bedrooms, 2 full bathrooms and a main floor laundry! Fully updated in 2019 with New Windows, Kitchen, Bathrooms, Flooring, Paint, and Water Heater. The Eat-In Kitchen has new cabinets, 2 yr old Stainless Steel appliances, and a Breakfast Bar. A one car detached garage was built in 2019 and is perfect for storage of your lake toys. A Fire Pit with a paved patio was added in 2020 and is an amazing spot to relax by the water. A New 320 linear ft Sea Wall was just finished in 2021!! Nothing to do but move-in and enjoy the lake! Call for your private showing today!! Located less than 2 hours from Chicago.

Last Agent to Sell the Property

Karen Benner

Listing Leaders, NCI-Plymouth Listed on: 09/04/2021

Listing Leaders, NCI-Plymouth

Last Buyer's Agent

Rhonda Hurford

Collins & Company Realtors, Koontz Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1975

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 89 x 106
  • 89 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking available for a boat

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Oregon-Davis Elementary School
  • Oregon-Davis Junior-Senior High Middle School
  • Oregon-Davis Junior-Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 75-03-01-304-052.000-009

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 1975

Lot Details

0

HOA Fees

$13 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1975
  • Age: 46
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Island Sub Lot 6
  • Parcel Number ID: 75-03-01-304-052.000-009
  • Platted: Yes
  • Amenities: Alarm System-Security, Breakfast Bar, Ceiling Fan(s), Ceilings-Beamed, Detector-Smoke, Dryer Hook Up Gas, Eat-In Kitchen, Firepit, Garage Door Opener, Open Floor Plan, Patio Covered, Skylight(s), Wiring-Security System, Alarm System-Sec. Cameras, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020 pay 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1742
  • Total Finished Sq Ft: 1742
  • Above Grade Finished Sq Ft: 1742
  • Price Per Sq Ft: 243.97
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, 2nd Bdrm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Den: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 17x16, On Level: Main
  • Bedroom 2: Dimensions: 15x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Rubber
  • Outbuilding1: None
  • Channel Canal Frontage: 60
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock Available, Boat Lot, Deeded
  • Water Frontage: 89
  • Water Name: Koontz Lake

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x14
  • Garage Sq Ft: 336
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 150
  • Association Fees Frequency: Annually

Schools

  • School District: Oregon-Davis School Corp.
  • Elementary School: Oregon-Davis Elementary
  • Middle School: Oregon-Davis Junior-Senior High
  • High School: Oregon-Davis Junior-Senior High
  • Elementary School: Oregon-Davis Elementary

Lot Info

  • Lot Description: Level, Waterfront, Lake, Waterfront-Level Bank
  • Lot Dimensions: 89 x 106
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Tax Info

  • Annual Taxes: 7305

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Oregon-Davis Junior-Senior High
  • Middle School: Oregon-Davis Junior-Senior High
  • School District: Oregon-Davis School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Oct 29, 2021
Sold by
Hull Patrick A and Valera Michael J
Bought by
Fitzpatrick Patricia A and Fitzpatrick James G
Seller's Agent
Karen Benner
Listing Leaders, NCI-Plymouth
Buyer's Agent
Rhonda Hurford
Collins & Company Realtors, Koontz Lake
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$541,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,019
Avg. Annual Appreciation
6.30%
Original Mortgage
$340,000
Outstanding Balance
$310,720
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$230,299

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 30, 2019
Sold by
F & H Real Estate Properties Llc
Bought by
Hull Patrick A and Varela Michael J
Seller's Agent
Carole Noble
KOONTZ LAKE REALTY
Buyer's Agent
Karen Benner
Listing Leaders, NCI-Plymouth
List Price
$323,000
Sold Price
$285,000
Premium/Discount to List
-$38,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.95%
Original Mortgage
$185,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Millice Rene G and Lauzon Rene Gabriele
Bought by
Mcmahan Keith and Anderson Jodi

Purchase Details

Closed on
Jan 11, 2018
Sold by
Massura Eileen K
Bought by
F&H Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2018
Sold by
Indiana Land Trust Co
Bought by
F & H Real Estate Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Fitzpatrick Patricia A -- Mtc
Hull Patrick A $285,000 Meridian Title Corp
Mcmahan Keith -- None Available
F&H Llc $180,000 --
F & H Real Estate Properties Llc -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Patricia A $340,000
Previous Owner Hull Patrick A $185,000
Previous Owner F & H Real Estate Properties Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $425,000 0.0% $244 / Sq Ft
09/04/2021 09/04/21 For Sale $425,000 +49.1% $244 / Sq Ft
05/30/2019 05/30/19 Sold $285,000 -8.7% $164 / Sq Ft View Prior Sale
05/16/2019 05/16/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $312,000 -3.4% $179 / Sq Ft
03/08/2019 03/08/19 For Sale $323,000 +13.3% $185 / Sq Ft
03/07/2019 03/07/19 Off Market $285,000 -- --
06/11/2018 06/11/18 Price Changed $323,000 -7.2% $185 / Sq Ft
04/03/2018 04/03/18 For Sale $348,000 -- $200 / 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 $7,589 $468,100 $187,300 $280,800
2023 $7,787 $436,800 $170,200 $266,600
2022 $6,597 $392,900 $161,900 $231,000
2021 $6,503 $326,500 $154,200 $172,300
2020 $7,147 $319,400 $154,200 $165,200
2019 $6,785 $308,500 $154,200 $154,300
2018 $3,037 $287,900 $153,200 $134,700
2017 $2,752 $286,600 $153,200 $133,400
2016 $2,624 $280,000 $150,200 $129,800
2014 $2,466 $282,100 $150,000 $132,100
2013 $2,346 $280,100 $150,000 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202137184

Indiana Regional MLS

APN: 75-03-01-304-052.000-009