$37,500
SOLD DEC 16, 2020

1855 S 475 W Albion, IN 46701

1 Bed
1 Bath
564 Sq Ft
8,799 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • Lake Property
  • Baseboard Heating
  • Level Lot
  • 1-Story Property
  • 1 Car Garage
  • Carpet

About This Home

As of December 2020

Rustic property at Bear Lake! Walking distance to Public Beach area and boat launch. 1 Bedroom, attached wood frame carpor. 2 types of heat electric baseboard and gas wall furnace, wall A/C. 4" well, Public Sewer $71/mth. Affordable and economical living!

Last Agent to Sell the Property

Tina Craft

Hosler Realty Inc - Kendallville Listed on: 11/19/2020

Last Buyer's Agent

Tina Craft

Hosler Realty Inc - Kendallville Listed on: 11/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1950

Lot Details

  • 8,799 Sq Ft Lot
  • Lot Dimensions are 55 x 160
  • Level Lot

Parking

  • 1 Car Garage
  • Carport
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Lake Property

Schools

  • Wolf Lake Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 57-19-08-300-053.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$549

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 70
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Frl Pt Se 1/4 SW 1/4 Sec 8 .202 A
  • Parcel Number ID: 57-19-08-300-053.000-009
  • Platted: Yes
  • Amenities: Countertops-Laminate, Range/Oven Hk Up Gas/Elec, Tub and Separate Shower
  • Location: Lake
  • Sp Lp Percent: 93.98
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 564
  • Total Finished Sq Ft: 564
  • Above Grade Finished Sq Ft: 564
  • Price Per Sq Ft: 66.49
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 20x12, On Level: Main
  • Kitchen: Dimensions: 11x7, On Level: Main
  • Breakfast Room: Dimensions: 9x5, On Level: Main
  • Bedroom 1: Dimensions: 11x8, On Level: Main
  • Main Level Sq Ft: 564
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 16x10

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 28x13
  • Garage Sq Ft: 364
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Gas, Baseboard, Wall Heater
  • Sewer: Public
  • Water Utilities: Well
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Wolf Lake

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55 x 160
  • Estimated Lot Sq Ft: 8799
  • Estimated Lot Size Acres: 0.202

Tax Info

  • Annual Taxes: 549.4

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

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
$106,711

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%
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 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

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 $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

  • T

    Seller's Agent in 2020

    Tina Craft

    Hosler Realty Inc - Kendallville

    (260) 564-0469

    50 Total Sales

    Section Image
  • Tim McCulloch

    Seller's Agent in 2017

    Tim McCulloch

    Scheerer McCulloch Real Estate

    (260) 740-6429

    353 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202046553

Indiana Regional MLS

APN: 571908300053000009

Indiana Noble County Albion 46701

1855 S 475 W, Albion, IN

This home is located at 1855 S 475 W, Albion, IN 46701 and is currently priced at $37,500, approximately $66 per square foot. This property was built in 1950. 1855 S 475 W is a home located in Noble County with nearby schools including Central Noble Jr. - Sr. High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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