NOT LISTED FOR SALE

1220 Lane 110 West Otter Lake Angola, IN 46703

Estimated Value: $260,000 - $344,000

3 Beds
2.5 Baths
2,904 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 18, 2021

Last sale price $250,000 $86 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,826/month

26 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Pier or Dock
  • Forced Air Heating and Cooling System
  • Prairie Heights Senior High School Rated 9+
  • Lake Property
  • Carpet

About This Home

As of September 2021

Lakefront West Otter at affordable price. This two level year around lake home enjoys wonderful sunset views across the water. 40' of frontage with pier included. Three bedrooms, two and a half baths, modern kitchen with all appliances. Bonus room can be used as fourth bedroom or expanded family room. Large deck space for entertaining, and a lakeside storage basement for all the toys. Excellent fishing on this quiet lake.

Last Agent to Sell the Property

Mark Bock

Mike Thomas Associates Listed on: 06/28/2021

Mike Thomas Associates

Last Buyer's Agent

Mark Bock

Mike Thomas Associates Listed on: 06/28/2021

Mike Thomas Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,570

Year Built

  • Built in 1946

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 117x40
  • 40 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Sloped Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Water Views
  • Partially Finished Basement
  • 1 Bathroom in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Prairie Heights Elementary And Middle School
  • Prairie Heights High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 76-05-29-420-116.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,570

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1946
  • Age: 75
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN W PT N1/2 SE1/4 SEC 29 .14A
  • Parcel Number ID: 76-05-29-420-116.000-005
  • Platted: Yes
  • Location: Lake, Rural
  • Sp Lp Percent: 94.34
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2904
  • Total Finished Sq Ft: 2904
  • Above Grade Finished Sq Ft: 1936
  • Below Grade Finished Sq Ft: 968
  • Price Per Sq Ft: 129.13
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x12, On Level: Lower
  • Kitchen: Dimensions: 10x10, On Level: Lower
  • Dining Room: Dimensions: 11x16, On Level: Lower
  • Family Room: Dimensions: 15x15, On Level: Lower
  • Extra Room: bedroom or family, Dimensions: 15x15, On Level: Lower
  • Bedroom 1: Dimensions: 11x16, On Level: Main
  • Bedroom 2: Dimensions: 7x14, On Level: Main
  • Bedroom 3: Dimensions: 7x14, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 968

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 40
  • Water Name: West Otter Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Lowerx5, On Level: 12
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Prairie Heights Community
  • Elementary School: Prairie Heights
  • Middle School: Prairie Heights
  • High School: Prairie Heights
  • Elementary School: Prairie Heights

Lot Info

  • Lot Description: Slope, Lake, Water View
  • Lot Dimensions: 117x40
  • Estimated Lot Sq Ft: 4661
  • Estimated Lot Size Acres: 0.107

Tax Info

  • Annual Taxes: 2570

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Prairie Heights
  • Middle School: Prairie Heights
  • School District: Prairie Heights Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Oct 14, 2021
Sold by
Anspach Jim
Bought by
Clapp Jacob S and Clapp Libbey E
Seller's Agent
Mark Bock
Mike Thomas Associates
Buyer's Agent
Mark Bock
Mike Thomas Associates
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$300,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,707
Avg. Annual Appreciation
4.44%
Original Mortgage
$200,000
Outstanding Balance
$184,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,901

Purchase Details

Closed on
Sep 12, 2013
Sold by
Jimmie L
Bought by
Jim

Purchase Details

Closed on
Feb 13, 2001
Sold by
Amstutz David W and Amstutz Marcia
Bought by
Anspach James 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
Clapp Jacob S -- None Available
Jim $92,454 Burns Law Office
Anspach Jim -- None Available
Anspach James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapp Jacob S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2021 09/18/21 Sold $250,000 -5.7% $86 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $265,000 -- $91 / 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 $1,980 $234,200 $52,300 $181,900
2023 $1,973 $226,300 $50,000 $176,300
2022 $2,049 $223,900 $48,500 $175,400
2021 $1,595 $161,800 $22,200 $139,600
2020 $1,539 $150,700 $20,200 $130,500
2019 $1,280 $124,700 $34,700 $90,000
2018 $1,289 $124,300 $37,800 $86,500
2017 $1,045 $123,100 $37,800 $85,300
2016 $1,254 $149,900 $37,800 $112,100
2014 $791 $93,800 $37,800 $56,000
2013 $791 $94,400 $37,800 $56,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202125410

Indiana Regional MLS

APN: 76-05-29-420-116.000-005