NOT LISTED FOR SALE

1299 W Drake Rd Kendallville, IN 46755

Estimated Value: $393,307 - $434,000

6 Beds
2 Baths
2,902 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $244,900 $84 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,339/month

645 Days on Market

Highlights

  • 28.74 Acre Lot
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Traditional Architecture
  • Workshop
  • Eat-In Kitchen

About This Home

As of September 2020

An amazing opportunity awaits! This large two story home sits on 28.7 acres. Location Is Everything! This spacious two story home is the perfect opportunity to customize this charming home and make it your own! This property is located just west of the stoplight at St. Rd 3 and Drake Road. A Large Traditional older home with a large Garage and Attached Pole Building located behind the home. This home is located at the corner of the 28.7 acres that stretches to 700E (Beacon Rd). There is endless possibilities for this property!

Last Agent to Sell the Property

Jennifer Streich

Hosler Realty Inc - Kendallville Listed on: 09/27/2018

Co-Listed By

Gregg Pyle

Hosler Realty Inc - Kendallville

Last Buyer's Agent

Shelbi Brown

Sterling Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1900

Lot Details

  • 28.74 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Workshop
  • Storm Doors
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Schools

  • North Side Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 57-09-05-400-025.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 120
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W1/2N of Ditch Ex 2a Nw Cor & Ex 75'x150' Nw1/4 Sec 5 28.302a |
  • Parcel Number ID: 57-09-05-400-025.000-003
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Eat-In Kitchen, Patio Covered, Porch Covered, Storm Doors, Workshop, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 90.74
  • Year Taxes Payable: 17/18
  • Special Features: None

Interior Features

  • Total Sq Ft: 4353
  • Total Finished Sq Ft: 2902
  • Above Grade Finished Sq Ft: 2902
  • Below Grade Sq Ft: 1451
  • Price Per Sq Ft: 84.39
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance Only
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 16x12, On Level: Main
  • Family Room: Dimensions: 13x11, On Level: Main
  • Extra Room: upper kitchen, Dimensions: 11x10, On Level: Upper
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 15x13, On Level: Main
  • Bedroom 3: Dimensions: 16x11, On Level: Upper
  • Bedroom 4: Dimensions: 15x13, On Level: Upper
  • Bedroom 5: Dimensions: 16x12, On Level: Upper
  • Main Level Sq Ft: 1451
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1451

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x36, 1440

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 36x40
  • Garage Sq Ft: 1440
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air, Space
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx9, On Level: 16
  • Well Type: Private

Schools

  • School District: East Noble Schools
  • Elementary School: North Side
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: North Side

Lot Info

  • Lot Description: Irregular, Rolling, Pasture
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1252002
  • Estimated Lot Size Acres: 28.742

Tax Info

  • Annual Taxes: 1158.34

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Sep 18, 2020
Sold by
Mertz R B & L H L Tr
Bought by
Richardville Ranee and Fisher Dominic J
Seller's Agent
Jennifer Streich
Hosler Realty Inc - Kendallville
Buyer's Agent
Shelbi Brown
Sterling Realty Advisors
List Price
$295,000
Sold Price
$244,900
Premium/Discount to List
-$50,100
-16.98%
Current Estimated Value
$417,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,536
Avg. Annual Appreciation
11.02%
Original Mortgage
$220,410
Outstanding Balance
$195,599
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$221,837
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
Richardville Ranee $275,512 Assurance Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardville Ranee $220,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $244,900 -9.3% $84 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
02/24/2020 02/24/20 Price Changed $269,900 -5.3% $93 / Sq Ft
02/02/2020 02/02/20 Price Changed $285,000 -3.4% $98 / Sq Ft
10/18/2019 10/18/19 For Sale $295,000 0.0% $102 / Sq Ft
10/18/2019 10/18/19 Price Changed $295,000 +20.5% $102 / Sq Ft
09/28/2019 09/28/19 Off Market $244,900 -- --
07/17/2019 07/17/19 Price Changed $299,900 -6.3% $103 / Sq Ft
03/29/2019 03/29/19 For Sale $319,900 0.0% $110 / Sq Ft
03/29/2019 03/29/19 Price Changed $319,900 +30.6% $110 / Sq Ft
03/28/2019 03/28/19 Off Market $244,900 -- --
09/27/2018 09/27/18 For Sale $349,900 -- $121 / 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 $1,800 $291,900 $91,900 $200,000
2023 $1,802 $263,500 $78,700 $184,800
2022 $1,539 $251,000 $67,700 $183,300
2021 $1,413 $222,500 $61,300 $161,200
2020 $839 $183,700 $55,400 $128,300
2019 $1,013 $173,900 $62,200 $111,700
2018 $1,224 $163,000 $59,200 $103,800
2017 $1,158 $167,400 $65,300 $102,100
2016 $1,174 $169,100 $68,000 $101,100
2014 $1,136 $162,900 $70,300 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201843818

Indiana Regional MLS

APN: 570905400025000003