NOT LISTED FOR SALE

1940 Bramble Trace Chesterton, IN 46304

Estimated Value: $661,000 - $870,000

0.34 Acre
$2,197,450 Price per Acre
14,810 Sq Ft Lot

Last Sold May 12, 2016

Last sale price $66,000

Est. 1,026% increase in value since last sale

Current estimated payment $4,427/month

321 Days on Market

About This Lot

As of May 2016

Build your dream home in prestigious Sand Creek! Come and enjoy resort-like services and facilities, an award-winning 27 hole golf course, fitness center, outdoor pool, 50,000 sq ft clubhouse. Located just minutes from shopping, award-winning schools, the shores of Lake Michigan, entertainment, and major expressways. For a complete list of available homesites please see the attached documents.

Last Agent to Sell the Property

Jeanne Sommer

Century 21 Alliance Group License #RB14023558 Listed on: 06/26/2015

Last Buyer's Agent

David Gring

Century 21 Alliance Group License #RB14048924

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot

Community Details

  • Sand Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640707227025000007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Other
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA693
  • Subdivision Name: Sand Creek
  • Reso Other Structures: None
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.34

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: .34 acres
  • Lot Size Sq Ft: 14810
  • Parcel #: 640707227025000007

Rental Info

  • LeaseType: Net

Tax Info

  • Year: 2014
  • Tax Annual Amount: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Stiner Homes Ltd
Bought by
Gotta Michael J and Gotta Marie T
Current Estimated Value
$742,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,099
Outstanding Balance
$309,218
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$437,915

Purchase Details

Listed on
Jun 26, 2015
Closed on
May 16, 2016
Sold by
Sand Creek Development Llc
Bought by
Steiner Homes Ltd
Seller's Agent
Jeanne Sommer
Century 21 Alliance Group
Buyer's Agent
David Gring
Century 21 Alliance Group
List Price
$66,000
Sold Price
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.46%
Original Mortgage
$339,200
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 26, 2015
Closed on
May 10, 2016
Sold by
Bramble Development Investors Llc
Bought by
Sand Creek Development Llc
Seller's Agent
Jeanne Sommer
Century 21 Alliance Group
Buyer's Agent
David Gring
Century 21 Alliance Group
List Price
$66,000
Sold Price
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 22, 2010
Sold by
First Midwest Bank
Bought by
Bramble Development Investors Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Gotta Michael J $462,901 Fidelity National Title
Steiner Homes Ltd -- Fidelity National Title Co
Sand Creek Development Llc -- Fidelity National Title Co
Bramble Development Investors Llc -- None Available
First Midwest Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gotta Michael J $372,099
Previous Owner Steiner Homes Ltd $339,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $66,000 0.0% --
04/12/2016 04/12/16 Pending -- -- --
06/26/2015 06/26/15 For Sale $66,000 -- --
Source: Northwest Indiana Association of REALTORS®

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 $6,968 $633,400 $116,600 $516,800
2023 $6,948 $619,900 $111,000 $508,900
2022 $6,237 $551,900 $111,000 $440,900
2021 $5,871 $518,100 $111,000 $407,100
2020 $5,642 $498,100 $111,000 $387,100
2019 $5,688 $502,100 $111,000 $391,100
2018 $5,240 $502,100 $111,000 $391,100
2017 $3,096 $275,300 $111,000 $164,300
2016 $16 $700 $700 $0
2014 $18 $700 $700 $0
2013 -- $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Sommer

    Seller's Agent in 2016

    Jeanne Sommer

    Century 21 Alliance Group

    (219) 405-5051

    16 in this area

    222 Total Sales

    Jeanne Sommer
    Section Image
  • David Gring

    Buyer's Agent in 2016

    David Gring

    Century 21 Alliance Group

    (219) 462-2090

    2 in this area

    97 Total Sales

    David Gring
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 375090

Northwest Indiana Association of REALTORS®

APN: 64-07-07-227-025.000-007

Indiana Porter County Chesterton 46304

1940 Bramble Trace, Chesterton, IN

Not Listed for Sale

Lots

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