NOT LISTED FOR SALE

11546 E South Ave Walkerton, IN 46574

Estimated Value: $597,000 - $765,000

3 Beds
3 Baths
3,580 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $585,000 $163 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,445/month

124 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of October 2022

Welcome to Koontz Lake - Bring the family and come enjoy this 345 acre all sports lake in this great 3 bed 3 bath home. Enjoy your evenings on the huge stamped concrete patio with fire pit on the lake side, where there is plenty room for your family games or camp outs. 50 ft of beautiful sandy frontage, with beautiful view of the lake. Walk out basement. Lower Level "man cave" features electric start gas fireplace with an available professional grade pool table with matching high top table and chairs, bar room with built in wet bar, which features and available bar and stools. Large hobby area in the back of the Lower Level, perfect for crafting or storage of lake toys. This home is well built with 2x6 construction. Lots of closet space. Main floor laundry. Lots of family living space on both levels. Great kitchen with breakfast bar and lots of storage. 2 Car Attached garage finished flooring. Second garage has garage door on each end for ease of storing water toys. HUGE yard offers lots of additional parking places. Call to set up your private tour today.

Last Agent to Sell the Property

Rhonda Hurford

Collins & Company Realtors, Koontz Lake Listed on: 06/03/2022

Last Buyer's Agent

David Spillane

Berkshire Hathaway HomeServices - Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1926

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 348x50
  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • 1 Fireplace
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

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 Water Source

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 75-03-12-203-007.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,098

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1926
  • Age: 96
  • Style: One Story
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Andersons K L Lot 6
  • Parcel Number ID: 75-03-12-203-007.000-009
  • Platted: Yes
  • Amenities: Breakfast Bar, Closet(s) Walk-in, Deck Open, Deck on Waterfront, Garage Door Opener, Open Floor Plan, Range/Oven Hook Up Elec, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: Lake, Rural
  • Sp Lp Percent: 86.16
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3960
  • Total Finished Sq Ft: 3580
  • Above Grade Finished Sq Ft: 1980
  • Below Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 380
  • Price Per Sq Ft: 295.45
  • Basement: Yes
  • Basement Foundation: Partial Basement, Full Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Rec Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 22x17, On Level: Main
  • Kitchen: Dimensions: 10x14, On Level: Main
  • Dining Room: Dimensions: 10x17, On Level: Main
  • Family Room: Dimensions: 19x14, On Level: Main
  • Recreation Room: Dimensions: 22x27, On Level: Lower
  • Extra Room: Bar Room, Dimensions: 9x16
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 17x11, On Level: Main
  • Bedroom 3: Dimensions: 14x11, On Level: Main
  • Main Level Sq Ft: 1980
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1980

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 22x12
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 50
  • Water Name: Koontz Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x18
  • Garage Sq Ft: 396
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Private
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx11, On Level: 7
  • Water Type: Lake

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: Waterfront, 0-2.9999, Water View
  • Lot Dimensions: 348x50
  • Estimated Lot Sq Ft: 16988
  • Estimated Lot Size Acres: 0.39

Tax Info

  • Annual Taxes: 4098
  • Exemptions: Homestead, Supplemental

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
Jun 3, 2022
Closed on
Oct 25, 2022
Sold by
Nancy E Chapman 1983 Revocable Trust
Bought by
Smith Allyson and Smith Chris
Seller's Agent
Rhonda Hurford
Collins & Company Realtors, Koontz Lake
Buyer's Agent
David Spillane
Berkshire Hathaway HomeServices - Chicago
List Price
$679,000
Sold Price
$585,000
Premium/Discount to List
-$94,000
-13.84%
Views
19
Current Estimated Value
$678,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,157
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Sep 12, 2006
Sold by
Chapman Kenneth J and Chapman Nancy E
Bought by
Chapman Nancy E

Purchase Details

Closed on
Jun 22, 2006
Sold by
Landino Phillip S and Landino Justine H
Bought by
Chapman Kenneth J and Chapman Nancy E
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
Smith Allyson $585,000 --
Chapman Nancy E -- None Available
Chapman Kenneth J -- Meridian Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $585,000 -13.8% $163 / Sq Ft
09/05/2022 09/05/22 For Sale $679,000 +16.1% $190 / Sq Ft
09/04/2022 09/04/22 Off Market $585,000 -- --
07/06/2022 07/06/22 Price Changed $679,000 -6.9% $190 / Sq Ft
06/03/2022 06/03/22 For Sale $729,000 -- $204 / 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 $9,353 $577,300 $128,600 $448,700
2023 $9,390 $527,100 $116,900 $410,200
2022 $4,342 $448,300 $111,200 $337,100
2021 $4,149 $369,700 $105,900 $263,800
2020 $4,714 $359,400 $105,900 $253,500
2019 $4,647 $359,500 $105,900 $253,600
2018 $3,819 $348,100 $105,200 $242,900
2017 $3,545 $353,800 $105,200 $248,600
2016 $3,360 $344,000 $103,200 $240,800
2014 $3,334 $361,400 $103,000 $258,400
2013 $3,155 $357,100 $103,000 $254,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202221828

Indiana Regional MLS

APN: 75-03-12-203-007.000-009