NOT LISTED FOR SALE

1401 Nelson Dr Chesterton, IN 46304

Estimated Value: $1,499,000 - $1,557,521

5 Beds
6 Baths
8,654 Sq Ft
$176/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $975,000 $113 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,341/month

134 Days on Market

Highlights

  • 0.56 Acre Lot
  • Great Room with Fireplace
  • Whirlpool Bathtub
  • Brummitt Elementary School Rated A
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of October 2015

Once in a lifetime opportunity to acquire your own custom home in the gated community of Sand Creek. Rich in character, high on style; this 5 bed, 6 bath home blends endless amenities with quality finishes. Make an entrance into the 2 story grand foyer featuring a stunning arched staircase. Sunlit main level includes gourmet kitchen, top of the line appliances, & center island/breakfast bar that opens to a family rm with coffered ceilings, fp, & wet bar. Relax in your all seasons solarium, or step outside to your private patio with full kitchen. Formal living rm with built-ins & fireplace, dining rm, & in-law/au-pair suite complete the main level. Upstairs, the luxurious master suite with sitting area, spa bath, steam shower & dressing rm with center island, 3 more bdrms, & 2nd laundry rm. Lower level was built to entertain with wet bar, rec rm with fp, custom built theatre, & play rm. The 3 car garage is heated and has an add'l bay for your golf cart. Less than an hr away from Chicago

Last Agent to Sell the Property

Julie Elisha

McColly Real Estate License #RB14044351 Listed on: 05/04/2015

McColly Real Estate

Last Buyer's Agent

David Taylor

McColly Real Estate License #RB14023719

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,106

Year Built

  • Built in 2004

Lot Details

  • 0.56 Acre Lot
  • Home fronts a stream
  • Cul-De-Sac
  • Landscaped
  • Wooded Lot

Parking

  • 3.5 Car Attached Garage

Home Design

  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Natural lighting in basement
  • Home Security System

Kitchen

  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • First American Management Association, Phone Number (219) 464-3536
  • Sand Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640705302017000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,106

Year Built

Built in 2004

Lot Details

0.56 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Landscaped, Level, On Golf Course, Paved, Sprinklers In Front, Sprinklers In Rear, Wooded
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA1241
  • Subdivision Name: Sand Creek
  • Above Grade Finished Sq Ft: 6087
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Disposal, Double Oven, Exhaust Fan, Freezer, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Primary Downstairs, Vaulted Ceiling(s), Wet Bar, Whirlpool Tub
  • Basement: Daylight, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2567
  • Fireplace Features: Great Room, Living Room, Recreation Room
  • Fireplaces: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Gas Grill, Lighting, Other
  • Acres: 0.564
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Construction Type: Stone, Stucco
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Garage Spaces: 3.5
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1104
  • Association Name: First American Management
  • Phone: 219-464-3536
  • Association: Yes

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 24568
  • Parcel #: 640705302017000023

Tax Info

  • Year: 2015
  • Tax Annual Amount: 10106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Oct 16, 2015
Sold by
Elsherif Mohamed A and Harb Mariam
Bought by
Monaco Michael J and Monaco Camille L
Seller's Agent
Julie Elisha
McColly Real Estate
Buyer's Agent
David Taylor
McColly Real Estate
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,522,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,507
Avg. Annual Appreciation
4.37%
Original Mortgage
$325,000
Outstanding Balance
$241,645
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,280,862

Purchase Details

Listed on
Dec 12, 2013
Closed on
Dec 22, 2014
Sold by
Vansessen Ronald F and Vansessen Kimberly
Bought by
Elsherif Mohamed A and Harb Mariam
Seller's Agent
Dawn Bernhardt
Blackrock Real Estate Services
Buyer's Agent
Julie Elisha
McColly Real Estate
List Price
$940,000
Sold Price
$940,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monaco Michael J -- Community Title Co
Elsherif Mohamed A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monaco Michael J $325,000
Previous Owner Elsherif Mohamed A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2015 10/16/15 Sold $975,000 0.0% $113 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $975,000 +3.7% $113 / Sq Ft
12/22/2014 12/22/14 Sold $940,000 0.0% $109 / Sq Ft View Prior Sale
11/20/2014 11/20/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $940,000 -- $109 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $15,981 $1,392,900 $168,700 $1,224,200
2024 $16,651 $1,399,600 $168,700 $1,230,900
2023 $16,631 $1,339,600 $156,200 $1,183,400
2022 $15,568 $1,238,200 $156,200 $1,082,000
2021 $11,702 $1,021,000 $156,200 $864,800
2020 $10,613 $927,500 $148,800 $778,700
2019 $10,717 $936,500 $148,800 $787,700
2018 $9,739 $852,500 $148,800 $703,700
2017 $10,188 $891,100 $148,800 $742,300
2016 $10,279 $898,900 $199,700 $699,200
2014 $10,127 $895,600 $234,000 $661,600
2013 -- $817,600 $225,200 $592,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 371322

Northwest Indiana Association of REALTORS®

APN: 64-07-05-302-017.000-023

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