$1,200,000
SOLD JUL 17, 2023
5 Beds
4.5 Baths
5,524 Sq Ft
0.67 Acres

Recently Sold

$217 Per Sq Ft

10% Below List Price

22 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Northpoint Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of July 2023

Spectacular two story home located in award winning Penn School District is perfectly situated on the water in Covington Shores! Over $350k in updates and remodeling! Gorgeous entry to this light bright and open floor plan with soaring ceilings to the great room with fireplace overlooking the water and lush landscaped backyard. Gourmet kitchen has been updated and boasts custom cabinetry, large island, stainless steel appliances, double oven, walk-in pantry and porcelain countertops. Main level primary suite features walk-in closets, twin vanity sinks, jetted tub and a separate glass shower. Second floor has en- suite with attached bathroom, and 2 bedrooms with Jack and Jill bathroom that has been updated. Amazing finished lower level walk-out features all new flooring, bar, family room, rec room/gym, 5th bedroom and full bath. Enjoy the private newly fenced in yard with a spacious back deck overlooking the water. Just minutes to Knollwood Country Club, Notre Dame University, restaurants, shopping & hospitals.

Last Agent to Sell the Property

Jan Lazzara

RE/MAX 100 Listed on: 05/26/2023

RE/MAX 100

Last Buyer's Agent

Jan Lazzara

RE/MAX 100 Listed on: 05/26/2023

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 2003

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 128.3x214.5
  • Waterfront
  • Backs to Open Ground
  • Property has an invisible fence for dogs
  • Landscaped

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

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

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

  • Northpoint Elementary School
  • Discovery Middle School
  • Penn High School

Utilities

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

Community Details

  • Covington Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-04-14-153-026.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,200

Year Built

Built in 2003

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 20
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 292 COVINGTON SHORES AT KNOLLWOOD PHASE 2 SEC 1
  • Parcel Number ID: 71-04-14-153-026.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Bar, Built-In Bookcase, Built-in Desk, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Kitchen Island, Landscaped, Open Floor Plan, Range/Oven Hook Up Gas, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 96.77
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5830
  • Total Finished Sq Ft: 5524
  • Above Grade Finished Sq Ft: 3424
  • Below Grade Finished Sq Ft: 2100
  • Below Grade Sq Ft: 306
  • Price Per Sq Ft: 350.47
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 19x19, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Breakfast Room: Dimensions: 11x13, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Den: Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 13x23, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x17, On Level: Upper
  • Bedroom 4: Dimensions: 15x12, On Level: Upper
  • Bedroom 5: Dimensions: 11x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2406

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Invisible

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 23x33
  • Garage Sq Ft: 759
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Pond
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 579
  • Association Fees Frequency: Annually

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Northpoint
  • Middle School: Discovery
  • High School: Penn
  • Elementary School: Northpoint

Lot Info

  • Lot Description: Waterfront, 0-2.9999
  • Lot Dimensions: 128.3X214.5
  • Estimated Lot Sq Ft: 29217
  • Estimated Lot Size Acres: 0.67
  • Lot Number: 292

Tax Info

  • Annual Taxes: 7200
  • Total Assessed Value: 841800

MLS Schools

  • High School: Penn
  • Middle School: Discovery
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Deborah A Cafiero Revocable Trust
Bought by
Lynn Tiffani L and Lynn Matthew
Total Days on Market
22
Current Estimated Value
$1,104,615

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 14, 2023
Sold by
Frank Jonathan A and Frank Lana
Bought by
Deborah A Cafiero Revocable Trust and Cafiero
Seller's Agent
Jan Lazzara
RE/MAX 100
Buyer's Agent
Jan Lazzara
RE/MAX 100
List Price
$1,340,000
Sold Price
$1,200,000
Premium/Discount to List
-$140,000
-10.45%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.29%

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 28, 2021
Sold by
Qadeer Usman and Qadeer Aisha
Bought by
Frank Jonathan A and Frank Lana
Seller's Agent
Jan Lazzara
RE/MAX 100
Buyer's Agent
Jan Lazzara
RE/MAX 100
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$828,750
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 1, 2019
Sold by
Topa Michael D and Topa Monica W
Bought by
Qadeer Usman Kareem and Qadeer Aisha Usman
Seller's Agent
Jan Lazzara
RE/MAX 100
Buyer's Agent
Jan Lazzara
RE/MAX 100
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$745,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2008
Sold by
Ladow David L and Ladow Stephanie
Bought by
Topa Michael D and Topa Monica W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,200,000 Metropolitan Title
Warranty Deed $975,000 Metropolitan Title
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,450 New Conventional
Previous Owner $645,000 New Conventional
Previous Owner $828,750 New Conventional
Previous Owner $737,500 New Conventional
Previous Owner $737,500 New Conventional
Previous Owner $745,000 Adjustable Rate Mortgage/ARM
Previous Owner $650,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $584,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $1,200,000 -3.2% $217 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/14/2023 06/14/23 Price Changed $1,240,000 -7.5% $224 / Sq Ft
06/08/2023 06/08/23 For Sale $1,340,000 0.0% $243 / Sq Ft
05/30/2023 05/30/23 Price Changed $1,340,000 +37.4% $243 / Sq Ft
10/28/2021 10/28/21 Sold $975,000 0.0% $178 / Sq Ft
09/24/2021 09/24/21 Off Market $975,000 -- --
09/24/2021 09/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $975,000 +30.9% $178 / Sq Ft
03/01/2019 03/01/19 Sold $745,000 -0.7% $136 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $750,000 -- $137 / 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 $8,069 $1,069,600 $122,200 $947,400
2023 $8,021 $833,100 $122,200 $710,900
2022 $8,418 $841,800 $122,200 $719,600
2021 $7,200 $715,200 $60,600 $654,600
2020 $5,983 $596,200 $50,000 $546,200
2019 $6,383 $633,500 $112,300 $521,200
2018 $6,417 $600,200 $116,500 $483,700
2017 $6,601 $592,200 $116,500 $475,700
2016 $5,572 $502,400 $98,000 $404,400
2014 $6,308 $529,200 $125,100 $404,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317666

Indiana Regional MLS

APN: 71-04-14-153-026.000-011