NOT LISTED FOR SALE

172 Ems W23 Ln North Webster, IN 46555

Estimated Value: $249,000 - $274,000

2 Beds
1.5 Baths
1,072 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $130,000 $121 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,541/month

242 Days on Market

Highlights

  • 81 Feet of Waterfront
  • Lake Property
  • Covered patio or porch
  • Pier or Dock
  • Dock Rights
  • Balcony

About This Home

As of May 2014

Immediate possession available with this refreshed tri-level with walk-out lower level on a slight hillside double lot on Backwater Lake. Spacious upper level living room with glass slider leading to 26x10 open balcony offering panoramic lakefront views. Lower level family room with atrium door leading to the covered patio. Modern kitchen is open to the lakeside dining room, updated bath (with skylight and laundry hook-up), asphalt driveway and parking, chain link fenced lakeside yard, concrete seawall, two piers, aluminum boat lift plus a PWC lift. South side location eliminates sun glare on the water. Lower level not reported as finished sq ft but ceilings are finished: family room, half bath, and 2 additional rooms (possible bedrooms). Backwater Lake is located at the southeast edge of Lake Webster (they are connected via water), combined water surface area is 640 acres.

Last Listed By

David Blackwell

Blackwell Real Estate Listed on: 08/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $955

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120
  • 81 Feet of Waterfront
  • Lake Front
  • Chain Link Fence
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Tri-Level Property
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement
  • Crawl Space

Outdoor Features

  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Covered patio or porch

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 005-051-084

Home Details

Home Type

Single Family

Est. Annual Taxes

$955

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1959
  • Age: 55
  • Style: Tri-Level
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lots 46 & 48 2nd Add to Backwater Gardens
  • Parcel Number ID: 005-051-084
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Ceiling Fan(s), Deck Open, Detector-Smoke, Dryer Hook Up Electric, Patio Covered, Range/Oven Hook Up Elec, Skylight(s)
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Parcel Id2: 43-08-13-300-209.000-023
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 97.74
  • State Id: 0571500670
  • Special Features: None

Interior Features

  • Total Sq Ft: 1748
  • Total Finished Sq Ft: 1072
  • Above Grade Finished Sq Ft: 1072
  • Below Grade Sq Ft: 676
  • Price Per Sq Ft: 121.27
  • Basement Foundation: Crawl, Partial Basement, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 12x19, On Level: Upper
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Dining Room: Dimensions: 8x21, On Level: Main
  • Family Room: Dimensions: 11x19, On Level: Lower
  • Bedroom 1: Dimensions: 11x12, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Other Room1: Possible BR, Dimensions: 9x11, On Level: Lower
  • Other Room 2: Possible BR, Dimensions: 10x12, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 676

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Chain Link
  • Lake Type: Access to Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock, Pier/Dock Available
  • Water Frontage: 81
  • Water Name: The Backwaters

Utilities

  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Slope, Waterfront
  • Lot Dimensions: 80x120
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22
  • Zoning: R Residential

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 955
  • Exemptions: Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
May 27, 2014
Sold by
Reiff Timothy E
Bought by
Hofmann Friedrich
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
Timothy Hatcher
Hatcher Real Estate LLC
List Price
$135,500
Sold Price
$130,000
Premium/Discount to List
-$5,500
-4.06%
Total Days on Market
242
Current Estimated Value
$260,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,930
Avg. Annual Appreciation
6.38%
Original Mortgage
$82,000
Outstanding Balance
$28,261
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$227,859

Purchase Details

Closed on
Jun 28, 2013
Sold by
Osborn Gary Charles
Bought by
Reiff Timothy E

Range of Values:

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Average Value
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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
Hofmann Friedrich -- None Available
Reiff Timothy E $73,760 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Friedrich $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2014 05/27/14 Sold $130,000 -4.1% $121 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
08/09/2013 08/09/13 For Sale $135,500 -- $126 / 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 $1,135 $233,200 $77,200 $156,000
2023 $1,063 $224,000 $74,000 $150,000
2022 $984 $194,600 $61,600 $133,000
2021 $760 $156,800 $50,300 $106,500
2020 $637 $147,600 $50,300 $97,300
2019 $1,409 $146,100 $50,300 $95,800
2018 $1,257 $142,600 $50,300 $92,300
2017 $1,244 $138,300 $50,300 $88,000
2016 $1,069 $137,300 $50,300 $87,000
2014 $905 $103,200 $42,800 $60,400
2013 $905 $104,100 $41,500 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 676922

Indiana Regional MLS

APN: 43-08-13-300-209.000-023