NOT LISTED FOR SALE

1480 S 055 E Lagrange, IN 46761

Estimated Value: $274,000 - $326,000

3 Beds
2 Baths
1,568 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $295,000 $188 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,751/month

86 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Cathedral Ceiling
  • Open Floorplan
  • Backs to Open Ground
  • Corner Lot

About This Home

As of June 2023

New Price! Make Your "Someday" Dreams Come True! Located just outside town with a refreshingly country feeling you will find this 3 bedroom 2 bath home situated on 2 acres of land. When you walk in you will be greeted with 15 feet high cathedral ceilings, a wall of windows and 2 glass sliders. The open concept living, dining and kitchen areas makes this a great family space for the new owners. Owners suite has a jetted tub along with a stand up shower with a barn style sliding door. 2 more bedrooms, a full bath and a laundry room right off the garage round out the rest of the floor. Downstairs you will find a full basement along with the mechanicals. Plenty of opportunity for finishing off to suit your needs. The home has recently had new flooring and been been painted in neutral colors along with new appliances all in 2022. Part of the pond is on this property.

Last Listed By

Dale Kuzniar

Lake, Town & Country Realty Inc Listed on: 03/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $790

Year Built

  • Built in 2005

Lot Details

  • 2 Acre Lot
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Sloped Lot

Parking

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

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Location

  • Suburban Location

Schools

  • Lakeland Primary Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 44-07-31-200-005.001-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$790

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 18
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 1ST ADD TO HOPE ACRES LOT 1 1 AC and 1ST ADD TO HOPE ACRES LOT 2 1.01 AC
  • Parcel Number ID: 44-07-31-200-005.001-001
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceiling Fan(s), Countertops-Laminate, Deck Open, Dryer Hook Up Gas/Elec, Garage Door Opener, Jet/Garden Tub, Kitchen Island, Landscaped, Open Floor Plan, Six Panel Doors, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump
  • Location: City/Town/Suburb
  • Parcel Id2: 44-07-31-200-005.002-001
  • Sp Lp Percent: 98.37
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3136
  • Total Finished Sq Ft: 1568
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Sq Ft: 1568
  • Price Per Sq Ft: 188.14
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 23x12, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1568

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x21
  • Garage Sq Ft: 462
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Mainx6, On Level: 9
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Lakeland School Corp
  • Elementary School: Lakeland Primary
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr
  • Elementary School: Lakeland Primary

Lot Info

  • Lot Description: Corner, Cul-De-Sac, Irregular, Slope
  • Lot Dimensions: 575x150 Irr
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 790.46
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jun 16, 2023
Sold by
Creigh William P Le
Bought by
Smith Cody R and Smith Kasey L
Seller's Agent
Dale Kuzniar
Lake, Town & Country Realty Inc
Buyer's Agent
Linda Mynhier
RE/MAX Results - Angola office
List Price
$355,000
Sold Price
$295,000
Premium/Discount to List
-$60,000
-16.9%
Total Days on Market
86
Views
154
Current Estimated Value
$302,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,265
Avg. Annual Appreciation
1.30%
Original Mortgage
$289,656
Outstanding Balance
$283,267
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$18,998

Purchase Details

Closed on
Mar 31, 2022
Sold by
Lagrange County
Bought by
Eash Thaddeus and Eash Dawnette

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
Smith Cody R $295,000 Fidelity National Title
Eash Thaddeus $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Cody R $289,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $295,000 -1.6% $188 / Sq Ft
04/11/2023 04/11/23 Price Changed $299,900 -9.9% $191 / Sq Ft
03/31/2023 03/31/23 Price Changed $333,000 -6.2% $212 / Sq Ft
03/20/2023 03/20/23 For Sale $355,000 +119.0% $226 / Sq Ft
04/05/2017 04/05/17 Sold $162,100 +1.9% $103 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $159,000 -- $101 / 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 $894 $258,700 $29,700 $229,000
2023 $801 $251,900 $28,600 $223,300
2022 $900 $233,100 $24,900 $208,200
2021 $678 $196,700 $22,600 $174,100
2020 $707 $188,000 $22,000 $166,000
2019 $557 $175,000 $22,000 $153,000
2018 $595 $169,800 $22,000 $147,800
2017 $564 $162,100 $21,900 $140,200
2016 $603 $172,200 $21,900 $150,300
2014 $489 $153,500 $21,900 $131,600
2013 $489 $155,000 $21,900 $133,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202308038

Indiana Regional MLS

APN: 44-07-31-200-005.001-001