NOT LISTED FOR SALE

1296 E Legacy Ln Winona Lake, IN 46590

Estimated Value: $650,806 - $756,000

4 Beds
3.5 Baths
5,636 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $437,500 $78 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,258/month

417 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 1 Fireplace
  • Warsaw Community High School Rated A-
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of October 2015

Lakefront home in Heritage Lake Park offers the absolute best in indoor and outdoor living and entertaining. Spacious main living with split bedroom design & a gracious master suite. Newer hardwood flooring and granite in kitchen. Walk out lower level w'bar, indoor/outdoor fireplace, guest suite & storage. Patio w'indoor/outdoor fireplace & outdoor entertaining kitchen.

Last Agent to Sell the Property

Teresa Bakehorn

Our House Real Estate Listed on: 07/25/2014

Last Buyer's Agent

Teresa Bakehorn

Our House Real Estate Listed on: 07/25/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,791

Year Built

  • Built in 2001

Lot Details

  • 0.71 Acre Lot
  • Waterfront

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Disposal
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

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

Outdoor Features

  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 43-11-23-100-072.000-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,791

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Age: 14
  • Style: One Story
  • Total Number of Rooms: 18
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 006-113-074 Lot 51 Heritage Lake Park 1st Add
  • Parcel Number ID: 43-11-23-100-072.000-033
  • Platted: Yes
  • Amenities: Built-In Speaker System, Cable Available, Ceiling Fan(s), Central Vacuum System, Closet(s) Walk-in, Disposal, Dryer Hook Up Electric, Garage Door Opener, Porch Enclosed, Porch Open, Wet Bar
  • Grid: 10 - Central Kosc.
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 91.16
  • Special Features: None

Interior Features

  • Total Sq Ft: 5636
  • Total Finished Sq Ft: 5636
  • Above Grade Finished Sq Ft: 2818
  • Below Grade Finished Sq Ft: 2818
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 16x20, On Level: Main
  • Kitchen: Dimensions: 14x16, On Level: Main
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Family Room: Dimensions: 19x28, On Level: Lower
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Main
  • Bedroom 4: Dimensions: 13x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2818

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 25x38
  • Garage Sq Ft: 950

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Pond
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • School District: Warsaw Community
  • Elementary School: Jefferson
  • Middle School: Lakeview
  • High School: Warsaw

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 30928
  • Estimated Lot Size Acres: 0.71
  • Zoning: R Residential

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 3791
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Oct 8, 2015
Sold by
Elliott Paul and Elliott Jackie L
Bought by
Heeter Jack F and Heeter Stacey J
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$499,900
Sold Price
$437,500
Premium/Discount to List
-$62,400
-12.48%
Current Estimated Value
$684,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,202
Avg. Annual Appreciation
4.95%
Original Mortgage
$312,500
Outstanding Balance
$249,216
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$456,114

Purchase Details

Closed on
Feb 23, 2009
Sold by
Newport Jeffrey A and Newport Elenore A
Bought by
Elliott Paul and Elliott Jackie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2001
Sold by
Heritage Lake Development Co Llc
Bought by
Newport Jeffrey A and Newport Elenore A
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
Heeter Jack F -- Attorney
Elliott Paul $450,000 Lawyers Title Insurance
Elliiott Paul -- None Available
Newport Jeffrey A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heeter Jack F $312,500
Previous Owner Elliott Paul $115,000
Previous Owner Elliott Paul $257,700
Previous Owner Elliiott Paul $150,000
Previous Owner Newport Jeffrey A $92,500
Previous Owner Newport Jeffrey A $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $437,500 -12.5% $78 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
07/25/2014 07/25/14 For Sale $499,900 -- $89 / 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 $6,228 $611,600 $60,700 $550,900
2023 $5,804 $577,600 $60,700 $516,900
2022 $5,619 $536,600 $60,700 $475,900
2021 $5,054 $480,200 $60,700 $419,500
2020 $4,950 $469,300 $60,700 $408,600
2019 $4,883 $461,600 $60,700 $400,900
2018 $4,766 $450,000 $60,700 $389,300
2017 $4,536 $426,600 $60,700 $365,900
2016 $4,720 $443,400 $60,700 $382,700
2014 $3,861 $386,100 $47,500 $338,600
2013 $3,861 $377,900 $47,500 $330,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201433298

Indiana Regional MLS

APN: 43-11-23-100-072.000-033