NOT LISTED FOR SALE

128 Indian Lake Dr Lebanon, ME 04027

Estimated Value: $351,328 - $414,000

3 Beds
1 Bath
1,025 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $237,000 $231 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,285/month

125 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 50 Feet of Waterfront
  • Home fronts a pond
  • Main Floor Bedroom

About This Home

As of March 2021

Here's a rare opportunity to live on serene Spaulding Pond in Lebanon, Maine. This three bedroom Ranch style home is nestled in the woods on Indian Lake Drive in a quiet neighborhood with 50 feet of privately owned frontage. Great for the bass fisher in the family or anyone who love the water. 103 acres, Spaulding Pond supports a multitude of warm water species. For more information check out http://www.eregulations.com/maine/fishing/. This well cared for modular home sits on a poured concrete foundation producing a large unfinished lower level just waiting for your finishing touch. Two bedrooms on the first floor, a full bath, kitchen, living and dining area both with great views of the pond below. A large open air deck right off the living and dining areas is a great place to sit and enjoy the natural surroundings, sites and sounds waterfront living provides. This lovely home has three sources of heat: oil fired Forced hot air, a wood pellet stove on the first floor and a wood stove on the lower level. Easy to heat and maintain so you can enjoy your time playing and not on house chores. Don't let this rare opportunity go by!!!

Last Agent to Sell the Property

Douglas Lachance

Century 21 North East Listed on: 12/30/2020

Last Buyer's Agent

Adam Hedio

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1991

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Level Lot

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,025 Sq Ft Home
  • 1 Fireplace
  • Water Views

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck

Mobile Home

  • Manufactured Home

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number LBNN-000010U-000000-000016

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,830

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Water Body Name: Spaulding Pond
  • MLS Status: Closed
  • Directions: From Rte 125 North out of Rochester, turn right on Spaulding Ave, cross bridge ant turn left onto Indian Lake Drive. GPS might say ''128 Indian Lake Drive, Berwick, Maine'' rather than Lebanon, home is on Maine side of Spaulding Pond.
  • Above Grade Finished Sq Ft: 1025.0
  • Architectural Style: Double Wide
  • Garage Yn: No
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1025.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Style:Double Wide: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Construction:Modular: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Dock: Yes
  • Heat Fuel:Pellets: Yes
  • Property Sub-Type Property Sub-Type: Manufactured Home
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Modular
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: LBNN-000010U-000000-000016
  • Zoning: standard

Tax Info

  • Tax Annual Amount: 1830.0
  • Tax Block: 000
  • Tax Book Number: 5850
  • Tax Lot: 15
  • Tax Map Number: U10
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 4, 2021
Sold by
Boston Patricia Jean Est
Bought by
Bouley Shawn and Bouley Desirae
Seller's Agent
Douglas Lachance
Century 21 North East
Buyer's Agent
Adam Hedio
Coldwell Banker Realty
List Price
$325,000
Sold Price
$237,000
Premium/Discount to List
-$88,000
-27.08%
Current Estimated Value
$379,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,332
Avg. Annual Appreciation
10.71%
Original Mortgage
$232,707
Outstanding Balance
$210,962
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$162,076
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
Bouley Shawn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouley Shawn $232,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $237,000 -27.1% $231 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $325,000 -- $317 / Sq Ft
Source: Maine Listings

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 $2,621 $275,930 $184,060 $91,870
2023 $2,539 $275,930 $184,060 $91,870
2022 $1,798 $117,160 $70,000 $47,160
2021 $1,769 $117,160 $70,000 $47,160
2020 $1,504 $117,160 $70,000 $47,160
2019 $1,830 $117,160 $70,000 $47,160
2017 $1,786 $117,160 $70,000 $47,160
2016 $1,786 $117,160 $70,000 $47,160
2015 $1,198 $78,600 $42,000 $36,600
2014 $1,788 $120,000 $42,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1471267

Maine Listings

APN: LBNN-000010U-000000-000016