Seller's Agent in 2021
Barbara Hendrick
Coldwell Banker Real Estate Group
(260) 833-4698
203 Total Sales
1540 Lane 110 West Otter Lake Angola, IN 46703
Estimated Value: $239,000 - $257,000
1
Bed
1
Bath
1,428
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- 89 Feet of Waterfront
- Private Beach
- Lake Property
- Prairie Heights Senior High School Rated 9+
- Open Floorplan
- Backs to Open Ground
About This Home
As of April 2021Contingent-Accepting Back Up Offers. Far reaching views with 89 ft of lakefront and a nice beach! West Otter Lake is a quiet lake with 118 acres of water surface and great fishing! The home is situated on a level lot and includes a 10x12 storage shed and plenty of parking. Open concept living room, dining room and kitchen with a lakeside screen room and full bathroom. The kitchen has a skylight and all appliances are included. The upper level has 1 private bedroom and a large 13x24 landing currently used as dorm style sleeping. New 5 inch well in 2007, new water softener and water heater in Oct. 2020. New interior paint throughout the home including ceilings and walls in March of 2021. Property is in a flood plain. Flood insurance will be required with a mortgage. A quote for flood insurance was obtained in the amount of $486.88 for 50% or more occupancy. For a 2nd home and less than 50% occupancy quote would be 50% more. If you were to tear down and rebuild, the new structure could be removed from the flood plain.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,318
Year Built
- Built in 1968
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 89x100x89x97
- 89 Feet of Waterfront
- Lake Front
- Private Beach
- Backs to Open Ground
- Level Lot
Parking
- Driveway
Home Design
- Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 1,428 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Ceiling Fan
- Screened Porch
- Water Views
- Crawl Space
- Laminate Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Separate Shower
Outdoor Features
- Seawall
- Lake Property
- Lake, Pond or Stream
Schools
- Prairie Heights Elementary And Middle School
- Prairie Heights High School
Utilities
- Baseboard Heating
- Private Company Owned Well
- Well
Community Details
- Community Fire Pit
Listing and Financial Details
- Assessor Parcel Number 76-05-29-420-134.000-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2021
Closed on
Apr 23, 2021
Sold by
Schroeder Todd E and Schroeder Jennifer M
Bought by
Munroe Michele and Munroe Sarah
Seller's Agent
Barbara Hendrick
Coldwell Banker Real Estate Group
List Price
$199,000
Sold Price
$183,000
Premium/Discount to List
-$16,000
-8.04%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,275
Avg. Annual Appreciation
8.08%
Purchase Details
Closed on
Jun 28, 2007
Sold by
Williams Perry C and Williams Sara J
Bought by
Schroeder Todd E and Schroeder Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munroe Michele | -- | None Available | |
| Schroeder Todd E | $165,000 | Riverbend Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schroeder Todd E | $92,000 | |
| Previous Owner | Schroeder Todd E | $132,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2021 04/26/21 | Sold | $183,000 | -8.0% | $128 / Sq Ft |
| 03/29/2021 03/29/21 | For Sale | $199,000 | -- | $139 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,088 | $245,400 | $97,600 | $147,800 |
| 2023 | $2,057 | $235,900 | $93,300 | $142,600 |
| 2022 | $2,127 | $232,400 | $90,600 | $141,800 |
| 2021 | $1,206 | $122,200 | $25,600 | $96,600 |
| 2020 | $1,133 | $111,100 | $23,200 | $87,900 |
| 2019 | $1,179 | $115,100 | $54,600 | $60,500 |
| 2018 | $1,261 | $121,900 | $59,000 | $62,900 |
| 2017 | $1,030 | $121,700 | $59,000 | $62,700 |
| 2016 | $1,010 | $121,000 | $59,000 | $62,000 |
| 2014 | $1,002 | $118,800 | $59,000 | $59,800 |
| 2013 | $1,002 | $124,100 | $59,000 | $65,100 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hendrick
Map
Similar Homes in Angola, IN
Source: Indiana Regional MLS
MLS Number: 202110080
APN: 76-05-29-420-134.000-005
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