NOT LISTED FOR SALE

16061 E Lake Shore Dr N Hope, IN 47246

Estimated Value: $334,000 - $403,000

4 Beds
2 Baths
1,908 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $225,000 $118 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,340/month

168 Days on Market

Highlights

  • Bay Window
  • Fireplace in Basement
  • Fire Pit
  • Woodwork
  • Shed
  • Garage

About This Home

As of June 2017

Enjoy lake living year round or as a getaway w/this 4 bdrm/2ba home on Schaeffer Lake. With almost an acre of land, you'll have plenty of space for yard games, picnics & family time by the lake. The deck overlooks the lake & is accessible from the mst bdrm. There are many updates: newer windows, kit appl's & LL. Other features are lots of storage in the kit w/a built-in pantry & hdwd flr, wood-burning FP in FR, a lrg 2car gar w/work bench & storage barn by the lake for all the water activities.

Last Agent to Sell the Property

Nancy Waller

Berkshire Hathaway Home Listed on: 11/29/2016

Berkshire Hathaway Home

Co-Listed By

Sandy Benson

Last Buyer's Agent

Richard Trevey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1972

Lot Details

  • 1.04 Acre Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Bay Window

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Fireplace in Basement
  • Laundry in Basement
  • Basement Lookout

Parking

  • Garage
  • Driveway

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Window Unit Cooling System
  • Well
  • Septic Tank

Community Details

  • Schaefer Lake Subdivision
  • Property managed by President Schaeffer Lake Homeo

Listing and Financial Details

  • Assessor Parcel Number 030728130002400012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1972
  • Co List Office Phone: 812-378-3331
  • Garage Y N: Yes
  • Lot Size Acres: 1.0402
  • Subdivision Name: SCHAEFER LAKE
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Enjoy lake living year round or as a getaway w/this 4 bdrm/2ba home on Schaeffer Lake. With almost an acre of land, you'll have plenty of space for yard games, picnics & family time by the lake. The deck overlooks the lake & is accessible from the mst bdrm. There are many updates: newer windows, kit appl's & LL. Other features are lots of storage in the kit w/a built-in pantry & hdwd flr, wood-burning FP in FR, a lrg 2car gar w/work bench & storage barn by the lake for all the water activities.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Window Bay Bow, WoodWorkStain/Painted
  • Living Area: 1908
  • Other Equipment: Not Applicable
  • Room Count: 9
  • Areas Interior: Laundry in Basement
  • Eating Area: Formal Dining Room,Eat In Kitchen,Kitchen Some Updates,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1132
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Deck
  • Total Sq Ft: 1908
  • Below Grade Sq Ft: 776
  • Upper Level Sq Ft: 76
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Asphalt, Fire Pit
  • Foundation Details: Block
  • List Price: 230000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached
  • Num Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Municipal Water Available
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: President Schaeffer Lake Homeo

Fee Information

  • Mandatory Fee: 500

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 030728130002400012
  • Acres: 1/2-1 Acre
  • Lot Information: Dock Owned,Lakefront,Rural In Subdivision,Tree Mature
  • Lot Number: 68
  • Lot Size: 45,313

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1736
  • Semi Annual Property Tax Amt: 868
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Flat Rock-Hawcreek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
Jun 16, 2017
Sold by
Ronald Albert
Bought by
Robert
Seller's Agent
Nancy Waller
Berkshire Hathaway Home
Buyer's Agent
Richard Trevey
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$363,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,390
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jul 16, 2003
Sold by
Hunt David L
Bought by
Albert Ronald and Albert Marcia E

Purchase Details

Closed on
Sep 20, 2000
Sold by
Ward James J and Ward Marjorie E
Bought by
Hunt David L
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
Robert $225,000 --
Funke Robert L $225,000 First American Title
Albert Ronald $164,000 --
Hunt David L $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $225,000 -2.2% $118 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
03/09/2017 03/09/17 Price Changed $230,000 -3.8% $121 / Sq Ft
01/05/2017 01/05/17 Price Changed $239,000 -2.4% $125 / Sq Ft
11/29/2016 11/29/16 For Sale $245,000 -- $128 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $4,207 $267,600 $70,900 $196,700
2023 $4,159 $255,900 $70,900 $185,000
2022 $4,273 $256,100 $70,900 $185,200
2021 $4,572 $239,900 $45,400 $194,500
2020 $3,722 $195,900 $45,400 $150,500
2019 $3,577 $185,600 $45,400 $140,200
2018 $3,487 $185,600 $45,400 $140,200
2017 $1,755 $196,900 $59,600 $137,300
2016 $1,735 $199,000 $56,500 $142,500
2014 $1,287 $144,200 $40,000 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21454755

MIBOR Broker Listing Cooperative®

APN: 03-07-28-130-002.400-012