NOT LISTED FOR SALE

1560 Lane 105 Lake James Angola, IN 46703

Estimated Value: $603,000 - $882,000

2 Beds
1 Bath
1,327 Sq Ft
$547/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $800,000 $603 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,488/month

64 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Private Beach
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of August 2023

Cottage with character, lots of potential and 94.88 Ft of lakefront on Lake James! Enjoy sunset views and an excellent sandy beach with Pokagon State Park at your back door. This cottage has been in the same family since the 1930's. Vintage cottage is open concept living room and dining area with a full updated kitchen. One bedroom on the main level plus a large open bunk room on the upper level. The full bathroom has a washer and dryer. Includes all kitchen appliances, washer, dryer, wall heater/air and pier. Two side by side lots. The cottage and detached garage are situated on one lot and the other lot is vacant land. Use the cottage as is or tear down and build. You could build two homes here. Lots of possibilities! Selling "As Is" please include As Is Addendum with offer.

Last Agent to Sell the Property

Barbara Hendrick

Coldwell Banker Real Estate Group Listed on: 06/12/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Barbara Hendrick

Coldwell Banker Real Estate Group Listed on: 06/12/2023

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 94.88x139x120x129
  • 95 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Backs to Open Ground
  • Property is zoned L1

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Shingle Roof
  • Stone Exterior Construction
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Water Views
  • Crawl Space
  • Laundry on main level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Ryan Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 76-06-04-120-219.000-011

Community Details

Overview

  • Lone Tree Point Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,876

Year Built

Built in 1900

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Age: 123
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LONE TREE POINT Lot 15 & 14
  • Parcel Number ID: 76-06-04-120-219.000-011
  • Platted: Yes
  • Amenities: Antenna, Cable Available, Ceiling Fan(s), Near Walking Trail, Open Floor Plan, Main Floor Laundry
  • Location: Lake
  • Parcel Id2: 76-06-04-120-220.000-011
  • Sp Lp Percent: 91.43
  • County Zoning: L1
  • Year Taxes Payable: 2022/2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1327
  • Total Finished Sq Ft: 1327
  • Above Grade Finished Sq Ft: 1327
  • Price Per Sq Ft: 602.86
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 24x13, On Level: Main
  • Kitchen: Dimensions: 14x7, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x33, On Level: Upper
  • Main Level Sq Ft: 931
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Cedar, Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 94.88
  • Water Name: Lake James

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Baseboard
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 14
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Steuben County
  • Elementary School: Ryan Park
  • Middle School: Angola
  • High School: Angola
  • Elementary School: Ryan Park

Lot Info

  • Lot Description: Waterfront, Lake, Water View
  • Lot Dimensions: 94.88x139x120x129
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Tax Info

  • Annual Taxes: 5876.3

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Angola
  • Middle School: Angola
  • School District: MSD of Steuben County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 17, 2023
Sold by
Waggoner Sarah J
Bought by
Majid Farzin Zogagi
Seller's Agent
Barbara Hendrick
Coldwell Banker Real Estate Group
Buyer's Agent
Barbara Hendrick
Coldwell Banker Real Estate Group
List Price
$875,000
Sold Price
$800,000
Premium/Discount to List
-$75,000
-8.57%
Views
155
Current Estimated Value
$739,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,183
Avg. Annual Appreciation
-4.81%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Dorothy Mundinger
Bought by
Waggoner Sarah J and Waggoner John M
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
Majid Farzin Zogagi $800,000 Metropolitan Title
Waggoner Sarah J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $800,000 -8.6% $603 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $875,000 0.0% $659 / Sq Ft
07/14/2023 07/14/23 Price Changed $875,000 -2.2% $659 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $895,000 -- $674 / 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 $5,386 $613,700 $439,800 $173,900
2023 $3,885 $439,200 $285,500 $153,700
2022 $3,807 $429,300 $277,100 $152,200
2021 $3,897 $417,700 $277,100 $140,600
2020 $3,393 $373,300 $247,500 $125,800
2019 $3,054 $318,800 $198,000 $120,800
2018 $2,766 $274,700 $146,100 $128,600
2017 $2,346 $227,400 $130,700 $96,700
2016 $2,364 $226,400 $130,700 $95,700
2014 $2,461 $223,200 $130,700 $92,500
2013 $2,461 $389,900 $336,000 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202319974

Indiana Regional MLS

APN: 76-06-04-120-219.000-011