$700,000
SOLD NOV 27, 2024
5 Beds
5.5 Baths
6,298 Sq Ft
5.06 Acres

Recently Sold

$111 Per Sq Ft

55% Below List Price

347 Days on Market

Highlights

  • Pier or Dock
  • Private Beach
  • Primary Bedroom Suite
  • Homestead Senior High School Rated A
  • Spa
  • Waterfront

About This Home

As of November 2024

*NEW PRICE* LIVE THE QUINTESSENTIAL DREAM in this ultra-rare 5+ acre private oasis w/stocked pond, beach, multiple docks, pickleball/tennis courts, lush pro landscaping, multi-tier decks w/hot tub, and a custom 5 BR, 5.5 BA home on a walk-out lower level nestled in the coveted Devil’s Hollow subdivision. This custom, Joe Sullivan-built residence boasts luxe upgrades throughout including extensive wood trim & beams, hardwood flooring, built-ins galore, Grabill cabinetry, open foyer and staircases, floor-to-ceiling stone fireplaces, cathedral ceilings, large windows overlooking your outdoor paradise, and 3 primary en-suites (2 on the main floor including an “apartment” with its own separate entrance, kitchenette, family room, sunroom and washer/dryer). Bathed in natural light and designed for modern living and entertaining, the primary floor provides a seamless flow w/a fabulous foyer featuring open staircases to all levels, a sophisticated dining room, open-concept chef’s kitchen (newer appliances, granite counters) w/sliders to multiple outdoor decks, family room w/vaulted wood ceiling, 2-story stone fireplace, wet bar, office/sitting room, and two primary en-suites w/fabulous sunroom. Upstairs, you’ll discover two gracious en-suite bedrooms w/walk-in closets and the grand primary en-suite w/massive walk-in closet & safe room, two seating areas, dual vanity, jacuzzi tub, and tiled shower (and more built-ins!). Also expertly designed for entertaining, the walk-out lower level offers a wet bar w/mini fridge, theater/media area w/$40K in top-of-line stereo equipment (all stays, including 65" TV, 12 speakers/sub-wolf), workout room w/glass doors to patio, built-in mini office, 1/2 bath, a 2nd stone fireplace, and recreational/family room area. The 3-car attached garage is oversized with custom professional cabinetry and an additional attached "shed" with more custom shelving. Room for all of your 'toys', pond equipment, or even a golf cart! Enjoy all four seasons with your own backyard nature preserve amidst the conveniences of Southwest Allen County.

Last Agent to Sell the Property

Leslie Ferguson

Regan & Ferguson Group Brokerage Phone: 260-207-4648 Listed on: 10/19/2023

Co-Listed By

Heather Regan

Regan & Ferguson Group Brokerage Phone: 260-207-4648

Last Buyer's Agent

Ian Barnhart

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,922

Year Built

  • Built in 1999

Lot Details

  • 5.06 Acre Lot
  • Lot Dimensions are 604x274x315x110
  • Waterfront
  • Private Beach
  • Landscaped
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Sun Deck
  • Lake, Pond or Stream
  • Covered patio or porch

Location

  • Suburban Location

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-11-30-251-004.000-038

Community Details

Overview

  • Devils Hollow Subdivision

Recreation

  • Pier or Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,922

Year Built

Built in 1999

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1999
  • Age: 25
  • Style: Two Story
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: Devils Hollow Sec E Partial Replat Lot 74 A & Lot 75 A Se-Ly 15 Ft & 1.324 Ac Tr Bet Lot 74A Devils Hollow Sec E & Creek Nw 1
  • Parcel Number ID: 02-11-30-251-004.000-038
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Alarm System-Security, Attic Storage, Bar, Breakfast Bar, Built-In Bookcase, Built-in Desk, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Ceilings-Beamed, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Court-Tennis, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Generator-Whole House, Guest Quarters, Kitchen Island, Landscaped, Near Walking Trail, Porch Covered, Porch Florida, Range/Oven Hook Up Elec, Skylight(s), Twin Sink Vanity, Wet Bar, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb, Near Walking Trail
  • Section Number: E
  • Sp Lp Percent: 73.69
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 6581
  • Total Finished Sq Ft: 6298
  • Above Grade Finished Sq Ft: 4958
  • Below Grade Finished Sq Ft: 1340
  • Below Grade Sq Ft: 283
  • Price Per Sq Ft: 141.19
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 22x18, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Breakfast Room: Dimensions: 16x14, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Family Room: Dimensions: 27x20, On Level: Lower
  • Den: Dimensions: 18x15, On Level: Main
  • Recreation Room: Dimensions: 20x13, On Level: Lower
  • Extra Room: Sunroom, Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 34x28, On Level: Upper
  • Bedroom 2: Dimensions: 14x13, On Level: Main
  • Bedroom 3: Dimensions: 20x12, On Level: Main
  • Bedroom 4: Dimensions: 15x12, On Level: Upper
  • Bedroom 5: Dimensions: 15x13, On Level: Upper
  • Other Room1: Bedroom, Dimensions: 17x14, 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: 1623

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Water Features: Pier/Dock, Private Beach

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x35
  • Garage Sq Ft: 770
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 13
  • Water Type: Pond
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1000
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Covington

Lot Info

  • Lot Description: Level, Partially Wooded, Waterfront
  • Lot Dimensions: 604x274x315x110
  • Estimated Lot Sq Ft: 220283
  • Estimated Lot Size Acres: 5.06
  • Lot Number: 74

Tax Info

  • Annual Taxes: 14921.68
  • Exemptions: Homestead

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 20, 2024
Sold by
Kachmann Rudy A F and Kachmann Rhonda C
Bought by
Badgett Nick A and Badgett Amy L
Seller's Agent
Leslie Ferguson
Regan & Ferguson Group
Buyer's Agent
Ian Barnhart
Coldwell Banker Real Estate Group
List Price
$1,570,000
Sold Price
$700,000
Premium/Discount to List
-$870,000
-55.41%
Total Days on Market
347
Views
735
Current Estimated Value
$865,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,924
Avg. Annual Appreciation
50.54%
Original Mortgage
$250,000
Outstanding Balance
$249,096
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$616,828

Purchase Details

Closed on
Apr 12, 2011
Sold by
Kachmann Rudy A F
Bought by
Kachman Rudy A F and Kachmann Rhonda C
Source: Public Records

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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 $700,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $700,000 -26.3% $111 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $949,900 -4.9% $151 / Sq Ft
07/18/2024 07/18/24 Price Changed $999,085 -4.8% $159 / Sq Ft
06/05/2024 06/05/24 Price Changed $1,050,000 -16.7% $167 / Sq Ft
04/18/2024 04/18/24 Price Changed $1,260,000 -7.4% $200 / Sq Ft
03/26/2024 03/26/24 Price Changed $1,360,000 -7.5% $216 / Sq Ft
02/03/2024 02/03/24 Price Changed $1,470,000 -6.4% $233 / Sq Ft
10/19/2023 10/19/23 For Sale $1,570,000 -- $249 / 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 $14,922 $1,049,800 $166,000 $883,800
2023 $10,323 $1,095,400 $166,000 $929,400
2022 $8,362 $933,400 $166,000 $767,400
2021 $7,488 $810,500 $166,000 $644,500
2020 $7,442 $793,700 $166,000 $627,700
2019 $7,913 $812,500 $166,000 $646,500
2018 $7,663 $794,900 $166,000 $628,900
2017 $7,675 $748,200 $166,000 $582,200
2016 $8,010 $761,000 $166,000 $595,000
2014 $6,724 $647,600 $148,300 $499,300
2013 $6,867 $652,100 $92,800 $559,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202338622

Indiana Regional MLS

APN: 02-11-30-251-004.000-038