NOT LISTED FOR SALE

11479 E Island Rd Walkerton, IN 46574

Estimated Value: $566,000 - $601,405

4 Beds
2 Baths
2,229 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $500,000 $224 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,771/month

225 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Ranch Style House

About This Home

As of July 2023

Get ready to enjoy the Summer! Price reduced-4/29/23. Want to live on an Island? Koontz Lake is a 346 acre all sport lake! This 4-5 bedroom, 2 full bath ranch home has amazing views and 280 feet of seawall. You can dock your boat in the front or back. Only 5 homes are on the Island with its own private road and bridge. 2229 finished sqft plus a must see 15x16 3 season room(6 sliding glass doors). Eat-in kitchen with granite countertops open to the living room with a fireplace, and vaulted log ceiling. Large den could be a 2nd kitchen area or 5th BR. The master bedroom is located on one side of the home, and the other side could be used for guest, or a Mother-in Law suite. The main BR has its own walk-in closet, full bath with a Jacuzzi tub, tiled shower and double sink vanity. Access to the side deck. Beautiful concrete and brick inlay patio. New carpet on east side of the home(Feb 2023). New roof June 2022. Newer gutters. 4" well. Regional community sewer. 2 car garage. Large shed. 4 section pier(32 feet). This owner has not been willing to part with this parcel for 48 years. Only cash or conventional loan approved Buyers. Roughly 24 miles from South Bend and 90 miles to Chicago. Call today!!

Last Agent to Sell the Property

Jason Kaser

Kaser Realty, LLC Listed on: 11/02/2022

Last Buyer's Agent

Jason Kaser

Kaser Realty, LLC Listed on: 11/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1972

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 140 x 126
  • 140 Feet of Waterfront
  • Lake Front
  • Private Streets
  • Rural Setting
  • Landscaped
  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Enclosed Patio or Porch
  • Shed

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Private Water Source
  • Private Company Owned Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 75-03-01-403-024.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,457

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1972
  • Age: 51
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Island Sub Lot 3.
  • Parcel Number ID: 75-03-01-403-024.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Beamed, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Eat-In Kitchen, Garage Door Opener, Landscaped, Patio Open, Porch Enclosed, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Tippecanoe Dr.
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake, Rural
  • Road Access: Private
  • Sp Lp Percent: 83.47
  • County Zoning: Unknown
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4458
  • Total Finished Sq Ft: 2229
  • Above Grade Finished Sq Ft: 2229
  • Below Grade Sq Ft: 2229
  • Price Per Sq Ft: 224.32
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 20x18, On Level: Main
  • Kitchen: On Level: Main
  • Family Room: Dimensions: 23x13, On Level: Main
  • Den: Dimensions: 13x10, On Level: Main
  • Extra Room: 3 Season, Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Bedroom 4: Dimensions: 12x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 2229

Exterior Features

  • Exterior: Brick, Vinyl, Wood
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None, Dimensions: 16x10
  • Channel Canal Frontage: 140
  • Lake Type: Ski Lake
  • Outbuilding2: Shed
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock, Recorded
  • Water Frontage: 140
  • Water Name: Koontz Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage Sq Ft: 440
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: Regional
  • Water Utilities: Private
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

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, 0-2.9999, Lake, Water View
  • Lot Dimensions: 140 x 126
  • Estimated Lot Sq Ft: 17637
  • Estimated Lot Size Acres: 0.4049

Tax Info

  • Annual Taxes: 4456.86
  • Exemptions: Homestead

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
Nov 2, 2022
Closed on
Jul 14, 2023
Sold by
John Francis Powers and John Carole Ann
Bought by
Ellis Thomas C and Ellis Leah L
Seller's Agent
Jason Kaser
Kaser Realty, LLC
Buyer's Agent
Jason Kaser
Kaser Realty, LLC
List Price
$675,000
Sold Price
$500,000
Premium/Discount to List
-$175,000
-25.93%
Views
383
Current Estimated Value
$585,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,101
Avg. Annual Appreciation
7.24%
Original Mortgage
$375,000
Outstanding Balance
$339,770
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$245,331

Purchase Details

Closed on
Aug 29, 2020
Sold by
Powers John Francis and Powers Carole Ann
Bought by
Powers John Francis and Powers Carole Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ellis Thomas C -- None Listed On Document
Powers John Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Thomas C $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $500,000 -16.5% $224 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
04/29/2023 04/29/23 Price Changed $599,000 -6.4% $269 / Sq Ft
03/27/2023 03/27/23 Price Changed $639,900 -1.6% $287 / Sq Ft
02/23/2023 02/23/23 Price Changed $650,000 -3.7% $292 / Sq Ft
11/02/2022 11/02/22 For Sale $675,000 -- $303 / 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 $8,024 $495,000 $228,200 $266,800
2023 $3,823 $434,200 $207,400 $226,800
2022 $3,823 $404,500 $197,300 $207,200
2021 $3,868 $351,900 $187,900 $164,000
2020 $4,394 $341,300 $187,900 $153,400
2019 $4,330 $341,300 $187,900 $153,400
2018 $3,640 $337,900 $186,700 $151,200
2017 $3,423 $347,400 $186,700 $160,700
2016 $3,254 $338,900 $183,000 $155,900
2014 $3,055 $340,200 $182,700 $157,500
2013 $2,840 $331,100 $171,900 $159,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202245312

Indiana Regional MLS

APN: 75-03-01-403-024.000-009