NOT LISTED FOR SALE

1980 Lane 120 Hamilton Lake Hamilton, IN 46742

Estimated Value: $236,496 - $289,000

3 Beds
1.5 Baths
1,640 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $217,000 $132 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,660/month

98 Days on Market

Highlights

  • 245 Feet of Waterfront
  • Lake Property
  • Cathedral Ceiling
  • Open Floorplan
  • Backs to Open Ground
  • Eat-In Kitchen

About This Home

As of August 2021

AFFORDABLE LAKE LIVING ** SANDY BEACH ** 245 feet of shoreline! Very private outdoor space! Leased ground -$10,150 Annually- Hamilton Lake is an All Sports Lake with over 800 Acres of water. It is considered a natural Lake and the fishing is great! The home has 3 Bedrooms and 1-1/2 Baths. This home has been updated and can be used as a year round home. New back splash in the kitchen area, and the bathroom downstairs has been remodeled! The electrical has been updated and there is a washer and dryer hookup in the large storage area by the lower level patio. If you want to sit around the fire pit and watch the kids have fun at the lake-This home is for you!

Last Agent to Sell the Property

lisa furniss

Lakefront Real Estate Listed on: 04/26/2021

Last Buyer's Agent

Lindsay Walker-Moore

Century 21 Bradley-Lake Group

Century 21 Bradley-Lake Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1947

Lot Details

  • 10,454 Sq Ft Lot
  • 245 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

  • Hamilton Elementary School
  • Hamilton Middle School
  • Hamilton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Community Details

  • $884 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 76-10-27-000-029.050-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1947
  • Age: 74
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Cold Springs on Leased Ground #106
  • Parcel Number ID: 76-10-27-000-029.050-009
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceiling Fan(s), Deck on Waterfront, Dryer Hook Up Electric, Eat-In Kitchen, Kitchen Island, Open Floor Plan, Patio Open, Washer Hook-Up
  • Location: Lake
  • Sp Lp Percent: 96.44
  • Year Taxes Payable: 20/21
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2020
  • Total Finished Sq Ft: 1640
  • Above Grade Finished Sq Ft: 915
  • Below Grade Finished Sq Ft: 725
  • Below Grade Sq Ft: 380
  • Price Per Sq Ft: 237.16
  • Basement: Yes
  • Basement Foundation: Partial Basement, Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 18x23, On Level: Main
  • Kitchen: Dimensions: 16x13, On Level: Lower
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1105

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 245
  • Water Name: Hamilton Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Other Fee Description: Leased Ground-Rent
  • Other Fees Dollar: 10602.98

Schools

  • School District: Hamilton Community
  • Elementary School: Hamilton
  • Middle School: Hamilton Middle
  • High School: Hamilton
  • Elementary School: Hamilton

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: irr
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 968.29

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Hamilton
  • Middle School: Hamilton Middle
  • School District: Hamilton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Aug 9, 2021
Sold by
Gb Lansing 300 Llp
Bought by
Martin Katherine M
Seller's Agent
lisa furniss
Lakefront Real Estate
Buyer's Agent
Lindsay Walker-Moore
Century 21 Bradley-Lake Group
List Price
$225,000
Sold Price
$217,000
Premium/Discount to List
-$8,000
-3.56%
Current Estimated Value
$272,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,756
Avg. Annual Appreciation
6.38%
Original Mortgage
$173,600
Outstanding Balance
$159,549
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,317

Purchase Details

Listed on
Apr 12, 2018
Closed on
Sep 6, 2018
Sold by
Cook Arlene A
Bought by
Sara Hood
Seller's Agent
Jackie Clark
Coldwell Banker Real Estate Group
Buyer's Agent
Amber Rottinghaus
Coldwell Banker Real Estate Group
List Price
$77,912
Sold Price
$81,900
Premium/Discount to List
$3,988
5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.45%
Original Mortgage
$73,710
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale
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 Buyer Sale Price Title Company
Martin Katherine M $217,000 None Available
Sara Hood $81,900 --
Hood Eric $81,900 Riverbend Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Katherine M $173,600
Closed Martin Katherine M $173,600
Previous Owner Hood Eric $73,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $217,000 -3.6% $132 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $225,000 +15.4% $137 / Sq Ft
08/21/2020 08/21/20 Sold $195,000 0.0% $119 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $195,000 +138.1% $119 / Sq Ft
09/06/2018 09/06/18 Sold $81,900 +5.1% $50 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $77,912 -- $48 / 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 $2,000 $227,500 $0 $227,500
2023 $1,833 $205,300 $0 $205,300
2022 $1,394 $183,100 $0 $183,100
2021 $1,429 $126,400 $0 $126,400
2020 $1,292 $112,500 $0 $112,500
2019 $1,217 $108,000 $0 $108,000
2018 $1,114 $94,400 $0 $94,400
2017 $1,023 $93,100 $0 $93,100
2016 $1,075 $92,100 $0 $92,100
2014 $977 $89,300 $0 $89,300
2013 $977 $134,600 $0 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202114457

Indiana Regional MLS

APN: 76-10-27-000-029.050-009