$73,000
SOLD AUG 27, 2015

1340 Lane 110 West Otter Lake Angola, IN 46703

2 Beds
1 Bath
760 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

17% Below List Price

137 Days on Market

Highlights

  • Home fronts a canal
  • Lake Property
  • Forced Air Heating and Cooling System
  • Prairie Heights Senior High School Rated 9+
  • Screened Porch
  • Sun Deck

About This Home

As of November 2020

Relax and enjoy nature in the older cottage with many updates. Sits on the edge of the lake on the channel. Paved lot across the road included in the purchase price for extra parking.

Last Agent to Sell the Property

Deborah Rodriguez

Mike Thomas Associates Listed on: 03/08/2015

Mike Thomas Associates

Last Buyer's Agent

Brad Cookson

RE/MAX Results - Angola office

RE/MAX Results - Angola office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $210

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x141
  • Home fronts a canal
  • Rural Setting
  • Sloped Lot

Parking

  • Stone Driveway

Home Design

  • Cabin
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Screened Porch
  • Carpet
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Block Basement Construction
  • 1 Bedroom in Basement

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 76-05-29-000-000.703-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$210

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 75
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: IN W PT N1/2 sec 1/4 Sec 29 .14 A
  • Parcel Number ID: 76-05-29-000-000.703-005
  • Platted: Yes
  • Amenities: Deck on Waterfront, Dryer Hook Up Electric, Porch Screened
  • Location: Lake, Rural
  • Number Below Grade Bedrooms: 1
  • Road Surface: Paved
  • Sp Lp Percent: 91.36
  • Special Features: None

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 760
  • Above Grade Finished Sq Ft: 560
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 200
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet
  • Living Great Room: Dimensions: 10x19, On Level: Main
  • Kitchen: Dimensions: 8x10, On Level: Main
  • Dining Room: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Bedroom 2: Dimensions: 18x7, On Level: Basement
  • Other Room1: Bath, Dimensions: 6x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x15
  • Channel Canal Frontage: 40
  • Lake Type: Non Ski Lake
  • Water Name: West Otter Lake

Garage/Parking

  • Driveway: Stone

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: 9xMain, On Level: 4
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Prairie Heights Community
  • Elementary School: Prairie Heights
  • Middle School: Prairie Heights
  • High School: Prairie Heights

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 40x141
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 210

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 30, 2020
Sold by
Nietling Bruce E and Nietling Lynda K
Bought by
Maples John R and Maples Mary K
Seller's Agent
Christy Thomson
RE/MAX Results - Angola office
Buyer's Agent
Tony Isa
RE/MAX Results - Angola office
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Current Estimated Value
$201,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,774
Avg. Annual Appreciation
8.59%
Original Mortgage
$66,525
Outstanding Balance
$60,080
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$136,525

Purchase Details

Listed on
Mar 8, 2015
Closed on
Aug 27, 2015
Sold by
Grandin Andrew
Bought by
Nietling Bruce E and Nietling Lynda K
Seller's Agent
Deborah Rodriguez
Mike Thomas Associates
Buyer's Agent
Brad Cookson
RE/MAX Results - Angola office
List Price
$87,500
Sold Price
$73,000
Premium/Discount to List
-$14,500
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$58,400
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1999
Sold by
Klockow Michael J
Bought by
Grandin Andrew

Purchase Details

Closed on
Jan 30, 1998
Sold by
Standard Federal Bank
Bought by
Klockow Michael J
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Ttl Co Llc
Warranty Deed -- None Available
Warranty Deed $62,000 --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $66,525 New Conventional
Previous Owner $58,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $134,000 -4.2% $176 / Sq Ft
09/19/2020 09/19/20 For Sale $139,900 +91.6% $184 / Sq Ft
08/27/2015 08/27/15 Sold $73,000 -16.6% $96 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $87,500 -- $115 / 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 $343 $114,000 $27,800 $86,200
2023 $960 $110,100 $25,400 $84,700
2022 $996 $108,800 $24,700 $84,100
2021 $1,012 $102,400 $24,700 $77,700
2020 $738 $71,900 $22,900 $49,000
2019 $488 $47,800 $22,900 $24,900
2018 $490 $46,900 $22,900 $24,000
2017 $400 $46,700 $22,900 $23,800
2016 $368 $46,500 $22,900 $23,600
2014 $108 $62,000 $22,900 $39,100
2013 $108 $62,400 $22,900 $39,500
Source: Public Records

Agents Affiliated with this Home

  • Christy Thomson

    Seller's Agent in 2020

    Christy Thomson

    RE/MAX

    (260) 316-9940

    189 Total Sales

    Christy Thomson
    Section Image
  • Tony Isa

    Buyer's Agent in 2020

    Tony Isa

    RE/MAX

    (260) 319-0633

    132 Total Sales

    Tony Isa
    Section Image
  • Deborah Rodriguez

    Seller's Agent in 2015

    Deborah Rodriguez

    Mike Thomas Associates

    (260) 316-6148

    140 Total Sales

    Deborah Rodriguez
    Section Image
  • Brad Cookson

    Buyer's Agent in 2015

    Brad Cookson

    RE/MAX

    (260) 667-4121

    63 Total Sales

    Brad Cookson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201508875

Indiana Regional MLS

APN: 76-05-29-420-122.000-005

Indiana Steuben County Angola 46703

1340 Lane 110 West Otter Lake, Angola, IN

This home is located at 1340 Lane 110 West Otter Lake, Angola, IN 46703 and is currently priced at $73,000, approximately $96 per square foot. This property was built in 1940. 1340 Lane 110 West Otter Lake is a home located in Steuben County with nearby schools including Prairie Heights Elementary School, Prairie Heights Middle School, and Prairie Heights Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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