NOT LISTED FOR SALE

1961 S 7th St Albion, IN 46701

Estimated Value: $196,000 - $288,876

2 Beds
1 Bath
1,264 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $149,900 $119 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,395/month

42 Days on Market

Highlights

  • Lake Front
  • Lake Property
  • 2 Car Detached Garage
  • Pier or Dock
  • Contemporary Architecture
  • Patio

About This Home

As of August 2013

On the shores of Bear Lake is an adorable Sweet Pea Cottage featuring 1264 sq ft, 2 BRs, stainless appliances, hardwood floors, lots of windows to maximize the beautiful lake views, 1-year old garage with 2nd story that could be finished for guest quarters, RV pad plumbed for water, public sewer, very energy-efficient home, sandy beach, great fishing and swimming. Relax and enjoy the nature and beauty of the peaceful surroundings at Sweet Pea.

Last Agent to Sell the Property

Ann Fahl

Orizon Real Estate, Inc. Listed on: 03/29/2013

Last Buyer's Agent

Ann Fahl

Orizon Real Estate, Inc. Listed on: 03/29/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 2009

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Vinyl Fence

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,264 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Electric Oven or Range
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Central Air
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 57-19-08-300-184.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2009
  • Age: 4
  • Style: One and Half Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Sandy Beach Add W 1/2 Lots 45 & 46 and Sandy Beach Add Lots 47 & 48
  • Parcel Number ID: 57-19-08-300-184.000-009
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Garage Door Opener, Patio Open, Range/Oven Hook Up Elec
  • Location: Lake
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1264
  • Total Finished Sq Ft: 1264
  • Above Grade Finished Sq Ft: 1264
  • Price Per Sq Ft: 118.59
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 14x8, On Level: Main
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 11x11, On Level: Upper
  • Bedroom 2: Dimensions: 18x8, On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Loft: Dimensions: 10x4, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 20x14, 280
  • Fence: PVC
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Name: Bear Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: 6xMain, On Level: 5
  • Water Type: Lake
  • Well Size: 5 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 45
  • Zoning: R1 One Family Residence

Tax Info

  • Annual Taxes: 1380.36

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Aug 20, 2013
Sold by
Timothy J Rottinghaus
Bought by
Richard Rex and Donna Rex
Seller's Agent
Ann Fahl
Orizon Real Estate, Inc.
Buyer's Agent
Ann Fahl
Orizon Real Estate, Inc.
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$243,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,819
Avg. Annual Appreciation
5.81%

Purchase Details

Listed on
Feb 6, 2012
Closed on
Mar 9, 2012
Sold by
Regina Leffers M
Bought by
Rottinghaus Timothy J and Rottinghaus Lee A
Seller's Agent
Timothy Brower
Orizon Real Estate, Inc.
Buyer's Agent
Ann Fahl
Orizon Real Estate, Inc.
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Nov 5, 2008
Sold by
William B Minnick
Bought by
Regina Leffers M
Source: Public Records

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Range of Values:

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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
Richard Rex $149,900 Lawyers Title Company
Rottinghaus Timothy J $135,000 Ruoff Settlement Services Llc
Regina Leffers M $20,000 Whitley Co Abstract & Title In
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2013 08/20/13 Sold $149,900 0.0% $119 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $149,900 +11.0% $119 / Sq Ft
03/09/2012 03/09/12 Sold $135,000 -3.5% $107 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $139,900 -- $111 / 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 $451 $197,600 $24,200 $173,400
2023 $501 $184,100 $22,100 $162,000
2022 $408 $181,400 $22,100 $159,300
2021 $375 $179,900 $21,000 $158,900
2020 $234 $156,100 $17,600 $138,500
2019 $174 $166,300 $26,300 $140,000
2018 $167 $163,300 $26,300 $137,000
2017 $176 $164,400 $27,600 $136,800
2016 $189 $149,600 $13,500 $136,100
2014 $115 $140,700 $13,500 $127,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201303025

Indiana Regional MLS

APN: 571908300181000009