T
Seller's Agent in 2020
Tina Craft
Hosler Realty Inc - Kendallville
(260) 564-0469
50 Total Sales
1855 S 475 W Albion, IN 46701
1
Bed
1
Bath
564
Sq Ft
8,799
Sq Ft Lot
Highlights
- Waterfront
- 1-Story Property
- 1 Car Garage
- Lake, Pond or Stream
- Ceiling Fan
- Lot Has A Rolling Slope
About This Home
As of December 2020The price stated on this property is the assessed tax value (for MLS purposes). This property is being sold at public auction on Saturday, June 24th at 11:00 am. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. Charming single family home with attached carport located on Bear Lake. GREAT INVESTMENT OPPORTUNITY! Located on Bear Lake, just minutes from Wolf Lake, this property is a great weekend getaway. Perfect place to call home. Get away from city life and enjoy fishing on this bountiful lake outside Albion, IN.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $473
Year Built
- Built in 1950
Lot Details
- 8,799 Sq Ft Lot
- Lot Dimensions are 55x160
- Waterfront
- Lot Has A Rolling Slope
HOA Fees
- $69 per month
Parking
- 1 Car Garage
- Carport
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 564 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Crawl Space
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Lake, Pond or Stream
Schools
- Wolf Lake Elementary School
- Central Noble Middle School
- Central Noble High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Well
Community Details
- $69 Other Monthly Fees
- Bear Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 57-19-08-300-053.000-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2020
Closed on
Dec 16, 2020
Sold by
Kim Pearson
Bought by
Crisp Duane W
Seller's Agent
Tina Craft
Hosler Realty Inc - Kendallville
Buyer's Agent
Tina Craft
Hosler Realty Inc - Kendallville
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%
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
$69,211
Avg. Annual Appreciation
21.60%
Original Mortgage
$35,000
Outstanding Balance
$31,847
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$60,700
Purchase Details
Listed on
Jun 5, 2017
Closed on
Jul 6, 2017
Sold by
Schortgen Herbert S
Bought by
Pearson Kim
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$31,400
Sold Price
$22,550
Premium/Discount to List
-$8,850
-28.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $37,500 | Assurance Title Agency | |
| Grant Deed | -- | Attorney Only |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $35,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2020 12/16/20 | Sold | $37,500 | -6.0% | $66 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $39,900 | +76.9% | $71 / Sq Ft |
| 07/06/2017 07/06/17 | Sold | $22,550 | -28.2% | $40 / Sq Ft |
| 06/24/2017 06/24/17 | Pending | -- | -- | -- |
| 06/05/2017 06/05/17 | For Sale | $31,400 | -- | $56 / 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 | $536 | $40,900 | $14,700 | $26,200 |
| 2023 | $561 | $37,900 | $13,400 | $24,500 |
| 2022 | $513 | $47,700 | $13,400 | $34,300 |
| 2021 | $564 | $43,100 | $12,800 | $30,300 |
| 2020 | $644 | $42,200 | $9,600 | $32,600 |
| 2019 | $549 | $37,600 | $9,600 | $28,000 |
| 2018 | $535 | $36,000 | $9,200 | $26,800 |
| 2017 | $491 | $33,200 | $7,400 | $25,800 |
| 2016 | $473 | $33,000 | $7,400 | $25,600 |
| 2014 | -- | $31,600 | $7,400 | $24,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2017
Tim McCulloch
Scheerer McCulloch Real Estate
(260) 740-6429
353 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201724938
APN: 571908300053000009
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