NOT LISTED FOR SALE

1536 E 225 S Winona Lake, IN 46590

Estimated Value: $280,000 - $346,000

3 Beds
2 Baths
2,054 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $259,900 $127 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,947/month

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Open Floorplan
  • Eisenhower Elementary School Rated A-
  • 0.98 Acre Lot
  • Lake, Pond or Stream

About This Home

As of December 2019

Masterfully crafted by the renowned Daniel Schlatter & his remarkable design team at Inglenook Designs. Known for their custom creations of “Inglenook” architecture, modern standards & domestic serenity. This one of a kind home exudes pride of ownership throughout both the interior and exterior areas. Greeting you with superb curb appeal & craftsmanship, you’ll find this welcoming home strategically nestled into your very own piece of nature. Open concept living awaits you inside with cathedral ceilings, exposed beams, bamboo floors throughout the dining, living room & kitchen. The kitchen, with two tone cabinets offers you quartz counter tops, a breakfast bar, and endless custom built ins maximizing every inch of space. Just around the corner, you’ll find even more built ins for extra storage & two of the three bedrooms. One, the master suite with private bath and walk in closet. The second, another bedroom with two closets & access to the guest bath. Down the hall, built in book cases lead the way to the finished walkout basement. The spacious family room with nature just a few steps away from the patio. Also the third bedroom, plenty of unfinished storage and laundry area. Whether entertaining or staying in, on either level, you’ll undeniably fall in love with the unobstructed views of nature’s beauty and your own private pond. All this and more sets this one acre property apart from any others. Additional amenities: solid doors, tiled shower walls, soft close cabinetry, ManaBloc plumbing and so much more!

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 10/21/2019

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 2013

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 243x170
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Walk-Out Ranch
  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Great Room
  • Water Views
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Partially Finished Basement

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

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Eisenhower Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-11-27-100-031.000-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,590

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2013
  • Age: 6
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 006-129-050 Tr Nw Pt N 1/2 Ne 27-32-6 1.12A
  • Parcel Number ID: 43-11-27-100-031.000-033
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Closet(s) Walk-in, Countertops-Solid Surf, Eat-In Kitchen, Garage Door Opener, Open Floor Plan, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Washer Hook-Up, Custom Cabinetry
  • Grid: 10 - Central Kosc.
  • Inside City Limits: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2254
  • Total Finished Sq Ft: 2054
  • Above Grade Finished Sq Ft: 1142
  • Below Grade Finished Sq Ft: 912
  • Below Grade Sq Ft: 200
  • Price Per Sq Ft: 227.58
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 11x20, On Level: Main
  • Kitchen: Dimensions: 25x23, On Level: Main
  • Family Room: Dimensions: 21x23, On Level: Lower
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Bedroom 3: Dimensions: 10x13, On Level: Lower
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1112

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x28
  • Garage Sq Ft: 616
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Lowerx7, On Level: 5
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Eisenhower
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Eisenhower

Lot Info

  • Lot Description: Partially Wooded, Rolling, Waterfront, 0-2.9999, Water View
  • Lot Dimensions: 243x170
  • Estimated Lot Sq Ft: 42689
  • Estimated Lot Size Acres: 0.98

Tax Info

  • Annual Taxes: 1590
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Dec 18, 2019
Sold by
Phelps Kyle D and Phelps Adrienne R
Bought by
Wickens Scott and Wickens Michele
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$269,900
Sold Price
$259,900
Premium/Discount to List
-$10,000
-3.71%
Current Estimated Value
$323,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,043
Avg. Annual Appreciation
3.88%
Original Mortgage
$246,905
Outstanding Balance
$193,029
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$130,914

Purchase Details

Closed on
Dec 5, 2012
Sold by
Schlatter Daniel
Bought by
Phelps Kyle D and Phelps Adrienne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,430
Interest Rate
3%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Wickens Scott -- None Available
Phelps Kyle D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wickens Scott $246,905
Previous Owner Phelps Kyle D $164,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $259,900 0.0% $127 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/18/2019 11/18/19 Price Changed $259,900 -3.7% $127 / Sq Ft
10/21/2019 10/21/19 For Sale $269,900 -- $131 / 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 $2,762 $297,400 $22,800 $274,600
2023 $2,629 $285,200 $22,800 $262,400
2022 $2,478 $253,600 $22,800 $230,800
2021 $2,127 $218,100 $22,800 $195,300
2020 $2,025 $205,800 $20,700 $185,100
2019 $1,617 $174,300 $20,700 $153,600
2018 $1,591 $168,700 $20,700 $148,000
2017 $1,438 $162,000 $20,700 $141,300
2016 $1,434 $158,600 $19,700 $138,900
2014 $1,217 $148,500 $19,700 $128,800
2013 $1,217 $88,600 $19,700 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201947394

Indiana Regional MLS

APN: 43-11-27-100-031.000-033