NOT LISTED FOR SALE

1232 N Finlandia Way Albion, IN 46701

Estimated Value: $373,000 - $555,997

3 Beds
2.5 Baths
2,846 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $307,000 $108 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,967/month

2 Days on Market

Highlights

  • 96 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of July 2019

Absolutely beautiful lake front home with full walk-out basement and set on a nearly 1 acre wooded lot with fantastic views of nature! As you enter this meticulously maintained home you will first notice the large wall of windows overlooking the lake trimmed in rich cherry wood and the one of a kind custom rock fireplace. The great room offers vaulted ceilings which open into the dining area and kitchen with eat-up bar. The custom wine bar and soon to be completed custom hickory shelving in the great room make this a great space to entertain and enjoy all that the lake has to offer. The main level is set with beautiful bamboo hardwood flooring and opens up to a nice composite deck overlooking the lake. Each bedroom offers vaulted ceilings and the master suite faces the lake. All of this is set on nearly an acre lot with room for ample parking.

Last Agent to Sell the Property

Adam Ertel

Coldwell Banker Real Estate Group Listed on: 06/24/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tina Craft

Hosler Realty Inc - Kendallville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 1995

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 96x375
  • 96 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned L1, Lake Residential

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Walk-Out Ranch
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Workshop
  • Utility Room in Garage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

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

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

Schools

  • Wolf Lake Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 57-15-28-200-012.000-021

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Finlandia Subdivision
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,737

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1995
  • Age: 24
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Finlandia Lot 8
  • Parcel Number ID: 57-15-28-200-012.000-021
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Built-In Bookcase, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Natural Woodwork, Open Floor Plan, Porch Covered, Range/Oven Hook Up Gas, Utility Sink, Workshop, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Location: Lake, Rural Subdivision
  • Sp Lp Percent: 99.06
  • Zoning Description: Lake Residential
  • County Zoning: L1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3692
  • Total Finished Sq Ft: 2846
  • Above Grade Finished Sq Ft: 1846
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 846
  • Price Per Sq Ft: 166.31
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, Vented
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood Floors
  • Living Great Room: Dimensions: 19x20, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Main
  • Dining Room: Dimensions: 12x15, On Level: Main
  • Family Room: Dimensions: 30x17, On Level: Lower
  • Bedroom 1: Dimensions: 13x15, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1846

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 96
  • Water Name: Lower Long Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x21
  • Garage Sq Ft: 504
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx8, On Level: 5
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Wolf Lake

Lot Info

  • Lot Description: Partially Wooded, Slope, Waterfront, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 96X375
  • Estimated Lot Sq Ft: 35981
  • Estimated Lot Size Acres: 0.826

Tax Info

  • Annual Taxes: 1736.8
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 27, 2019
Sold by
Jones Jon P P and Jones Debra R
Bought by
Mead Abby L
Seller's Agent
Adam Ertel
Coldwell Banker Real Estate Group
Buyer's Agent
Tina Craft
Hosler Realty Inc - Kendallville
List Price
$309,900
Sold Price
$307,000
Premium/Discount to List
-$2,900
-0.94%
Total Days on Market
2
Current Estimated Value
$492,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,499
Avg. Annual Appreciation
8.53%
Original Mortgage
$245,600
Outstanding Balance
$217,828
Interest Rate
3.8%
Mortgage Type
Construction
Estimated Equity
$280,296

Purchase Details

Listed on
May 30, 2012
Closed on
Sep 5, 2012
Sold by
Donald R Harreld
Bought by
Jones Jon-Paul P and Jones Debra R
Seller's Agent
Patrick Pfefferkorn
RE/MAX Results- Warsaw
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Source: Public Records

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Range of Values:

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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
Mead Abby L $307,000 North American Title
Jones Jon-Paul P $275,000 Lawyers Title Ins. Corp.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mead Abby L $245,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $307,000 -0.9% $108 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $309,900 +12.7% $109 / Sq Ft
09/05/2012 09/05/12 Sold $275,000 -4.8% $96 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $289,000 -- $101 / 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 $2,682 $464,100 $93,800 $370,300
2023 $2,707 $450,500 $90,300 $360,200
2022 $2,774 $443,500 $90,300 $353,200
2021 $2,225 $374,000 $82,000 $292,000
2020 $2,062 $326,700 $69,200 $257,500
2019 $1,861 $305,800 $65,900 $239,900
2018 $1,737 $284,400 $65,900 $218,500
2017 $1,705 $280,400 $66,600 $213,800
2016 $1,519 $269,600 $61,600 $208,000
2014 $1,533 $277,900 $61,600 $216,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201926294

Indiana Regional MLS

APN: 571528200012000021