NOT LISTED FOR SALE

16507 Lincoln Hwy E New Haven, IN 46774

Estimated Value: $229,000 - $261,000

4 Beds
1 Bath
2,784 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $222,000 $80 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,387/month

106 Days on Market

Highlights

  • 1.31 Acre Lot
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Woodwork

About This Home

As of August 2024

Don't miss the opportunity to make this historic haven your own! This large 4-bedroom home is such a great value for the square footage and has so much character. You'll immediately fall in love with the original wood floors and beautiful trim to match. The main floor boasts a spacious kitchen, and you'll be delighted by the bonus room on the second floor. Located on a private lot lined with mature trees, you'll enjoy all the allure of country living, but within minutes of town. OPEN HOUSE April 6th, 1-3pm.

Last Agent to Sell the Property

Theresa Baysinger

Minear Real Estate Brokerage Email: Theresabaysinger@kw.com Listed on: 03/04/2024

Last Buyer's Agent

Susan Kinney

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1900

Lot Details

  • 1.31 Acre Lot
  • Lot Dimensions are 125 x 244
  • Rural Setting
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Heritage Elementary And Middle School
  • Heritage 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 02-14-22-226-004.000-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,025

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SE135 OF NW 462 OF S 231.36 FT N OF US 30 E1/2 NE1/4 SEC 22
  • Parcel Number ID: 02-14-22-226-004.000-046
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Natural Woodwork, Porch Open, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Road Surface: Paved
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3659
  • Total Finished Sq Ft: 2784
  • Above Grade Finished Sq Ft: 2784
  • Below Grade Sq Ft: 875
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 21x16, On Level: Main
  • Dining Room: Dimensions: 16x14, On Level: Main
  • Extra Room: Dimensions: 16x12, On Level: Upper
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 21x16, On Level: Upper
  • Bedroom 3: Dimensions: 15x14, On Level: Upper
  • Bedroom 4: Dimensions: 15x12, On Level: Upper
  • Main Level Sq Ft: 1552
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 875

Exterior Features

  • Exterior: Brick
  • Roof Material: Slate
  • Outbuilding1: None
  • Fence: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Heritage

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 125 x 244
  • Estimated Lot Sq Ft: 57063
  • Estimated Lot Size Acres: 1.31

Tax Info

  • Annual Taxes: 1025

MLS Schools

  • High School: Heritage
  • Middle School: Heritage
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jul 30, 2024
Sold by
E & A Enterprises Llc
Bought by
Spessert Todd Wayne
Seller's Agent
Theresa Baysinger
Minear Real Estate
Buyer's Agent
Susan Kinney
Coldwell Banker Real Estate Group
List Price
$269,999
Sold Price
$222,000
Premium/Discount to List
-$47,999
-17.78%
Views
272
Current Estimated Value
$247,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,158
Avg. Annual Appreciation
8.68%
Original Mortgage
$162,000
Outstanding Balance
$160,167
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$86,991

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jul 26, 2024
Sold by
E & A Enterprises Llc
Bought by
Spessert Todd Wayne
Seller's Agent
Theresa Baysinger
Minear Real Estate
Buyer's Agent
Susan Kinney
Coldwell Banker Real Estate Group
List Price
$269,999
Sold Price
$222,000
Premium/Discount to List
-$47,999
-17.78%
Views
272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$160,167
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$86,991

Purchase Details

Closed on
Aug 14, 2023
Sold by
Gusching Jacob S
Bought by
E & A Enterprises Llc

Purchase Details

Closed on
Aug 11, 2023
Sold by
Gusching Jacob S
Bought by
E & A Enterprises Llc

Purchase Details

Closed on
May 22, 2015
Sold by
Lortie Celeste C and Lortie John B
Bought by
Gusching Jocob S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,244
Interest Rate
3.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spessert Todd Wayne -- None Listed On Document
Spessert Todd Wayne $222,000 None Listed On Document
E & A Enterprises Llc -- None Listed On Document
E & A Enterprises Llc $165,000 None Listed On Document
Gusching Jocob S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spessert Todd Wayne $162,000
Closed Spessert Todd Wayne $162,000
Previous Owner Gusching Jocob S $112,244
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $222,000 -3.5% $80 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $229,999 -8.0% $83 / Sq Ft
04/04/2024 04/04/24 Price Changed $249,999 -3.8% $90 / Sq Ft
03/27/2024 03/27/24 Price Changed $259,999 -3.7% $93 / Sq Ft
03/12/2024 03/12/24 For Sale $269,999 0.0% $97 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $269,999 -- $97 / 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 $1,082 $168,000 $34,600 $133,400
2022 $896 $141,300 $34,600 $106,700
2021 $769 $120,400 $34,600 $85,800
2020 $590 $112,900 $34,600 $78,300
2019 $558 $108,000 $34,600 $73,400
2018 $539 $103,700 $34,600 $69,100
2017 $563 $103,600 $34,600 $69,000
2016 $538 $101,200 $34,600 $66,600
2014 $297 $97,300 $34,600 $62,700
2013 -- $96,000 $34,600 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202406894

Indiana Regional MLS

APN: 02-14-22-226-004.000-046