NOT LISTED FOR SALE

1320 N Finlandia Way Albion, IN 46701

Estimated Value: $448,000 - $475,000

3 Beds
2.5 Baths
3,252 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $292,500 $90 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,781/month

1 Day on Market

Highlights

  • 103 Feet of Waterfront
  • RV Parking in Community
  • Open Floorplan
  • Pier or Dock
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of October 2018

This spacious, lakefront home is located in the quiet Finlandia neighborhood southwest of Albion, an easy drive to Fort Wayne and Columbia City. The house sets on a partially wooded, nearly one acre lot. The open concept great room, kitchen, and dining areas are lined with windows that provide both sunlight and a beautiful view of Lower Long Lake, a 65 acre fishing lake with Muskie, Blue Gill, Crappie, and Bass. Appliances stay with the large kitchen surrounded by granite countertops. A cathedral ceiling with skylight adds to the spacious feel of this amazing home. Two bedrooms and laundry area are located on the main level, with another bedroom downstairs. The master bedroom has a walk-in closet and master bath with double sink. The lower level provides a family room with kitchenet, storage room, bedroom, half bath, bonus room and utility area. On the lakeside of the home is a screened-in covered porch, patio, and an inviting fire-pit picnic area. Recent updates include new roof in 2016, 12 X 24 storage shed, reverse osmosis water system, expanded driveway, and new addition to the pier.

Last Listed By

Beverly Hile

Hosler Realty Inc - Kendallville Listed on: 09/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1994

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 104 x 378
  • 103 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Pocket Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Workshop
  • Screened Porch

Kitchen

  • Gas Oven or Range
  • Solid Surface Countertops
  • Utility Sink

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 57-15-28-200-005.000-021

Community Details

Recreation

  • Pier or Dock

Additional Features

  • RV Parking in Community
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1994
  • Age: 24
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Finlandia Lt1 |
  • Parcel Number ID: 57-15-28-200-005.000-021
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Detector-Smoke, Dryer Hook Up Gas, Firepit, Foyer Entry, Garage Door Opener, Landscaped, Natural Woodwork, Open Floor Plan, Pocket Doors, Porch Covered, Porch Screened, Range/Oven Hook Up Gas, Six Panel Doors, Skylight(s), Split Br Floor Plan, Storm Doors, Storm Windows, Twin Sink Vanity, Utility Sink, RV Parking, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Washer Hook-Up
  • Location: Lake, Rural Subdivision
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.53
  • Special Features: None

Interior Features

  • Total Sq Ft: 3504
  • Total Finished Sq Ft: 3252
  • Above Grade Finished Sq Ft: 1752
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 252
  • Price Per Sq Ft: 166.95
  • Basement: Yes
  • Basement Foundation: Daylight, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 14x8, On Level: Main
  • Family Room: Dimensions: 19x13, On Level: Lower
  • Den: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1752

Exterior Features

  • Exterior: Brick, Cedar, Vinyl
  • Roof Material: Asphalt, Shingle, Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 24x12, 288
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 103
  • Water Name: Lower Long Lake

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Private
  • Water Utilities: Well
  • Electric Company: REMC
  • Cable Company: Dish Network
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx7, On Level: 10
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, Waterfront, Lake
  • Lot Dimensions: 104 X 378
  • Estimated Lot Sq Ft: 39204
  • Estimated Lot Size Acres: 0.9

Tax Info

  • Annual Taxes: 1518.26
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2018
Closed on
Oct 24, 2018
Sold by
Lambert Donald J and Lambert Carlene I
Bought by
Clevenger Chase J
Seller's Agent
Beverly Hile
Hosler Realty Inc - Kendallville
Buyer's Agent
Beverly Hile
Hosler Realty Inc - Kendallville
List Price
$299,900
Sold Price
$292,500
Premium/Discount to List
-$7,400
-2.47%
Total Days on Market
1
Current Estimated Value
$464,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,993
Avg. Annual Appreciation
7.34%
Original Mortgage
$277,875
Outstanding Balance
$245,762
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$218,731

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
Clevenger Chase J $347,343 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clevenger Chase J $277,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $292,500 -2.5% $90 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $299,900 +15.3% $92 / Sq Ft
08/15/2017 08/15/17 Sold $260,000 -4.7% $80 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $272,900 -- $84 / 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 $2,459 $429,500 $91,200 $338,300
2023 $2,484 $418,700 $87,800 $330,900
2022 $2,498 $401,900 $87,800 $314,100
2021 $1,997 $338,700 $79,700 $259,000
2020 $1,837 $293,700 $67,300 $226,400
2019 $1,697 $280,300 $64,100 $216,200
2018 $1,513 $254,400 $64,100 $190,300
2017 $1,519 $250,800 $64,100 $186,700
2016 $1,406 $248,700 $62,200 $186,500
2014 $1,405 $254,600 $62,200 $192,400
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201843114

Indiana Regional MLS

APN: 571528200005000021