NOT LISTED FOR SALE

Estimated Value: $424,000 - $505,000

0.29 Acre
$1,581,448 Price per Acre
12,632 Sq Ft Lot

Last Sold September 02, 2014

Last sale price $56,900

Est. 706% increase in value since last sale

Current estimated payment $2,825/month

639 Days on Market

Highlights

  • 87 Feet of Waterfront
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream

About This Lot

As of September 2014

Lake view, 1800 SQ. FT. MINIMUM RANCH - 2100 SQ. FT. MINIMUM 2 STORY

Last Agent to Sell the Property

Michael Thomas

Mike Thomas Assoc., Inc Listed on: 11/19/2012

Mike Thomas Assoc., Inc

Last Buyer's Agent

Non-mls Member

NonMember BED

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,435

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 103x129x87x133
  • 87 Feet of Waterfront
  • Finished Lot(s)

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Heating System Uses Gas

Community Details

Overview

  • The Fountain At Covington Subdivision

Recreation

  • Waterfront Owned by Association
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$4,435

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: The Fountains of Covington, Section 1, Lot 49 |
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 1
  • Sp Lp Percent: 100
  • State Id: ----.-
  • Parcel Description: Lake, Level
  • Restrictions: Sidewalk Required
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Exterior Features

  • Water Features: Assoc
  • Water Frontage: 87
  • Road Frontage: City

Utilities

  • Water Utilities: Public
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 250
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Dimensions: 103X129X87X133
  • Estimated Lot Sq Ft: 12807
  • Estimated Lot Size Acres: 0.29
  • Lot Number: 49

Tax Info

  • Annual Taxes: 15.68

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2014
Sold by
Carriage Place Homes Inc
Bought by
Matsyuk Ostap and Matsyuk Olena
Total Days on Market
639
Current Estimated Value
$458,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$23,436
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$445,530

Purchase Details

Closed on
Dec 6, 2013
Sold by
3030 Llc
Bought by
Carriage Place Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Matsyuk Ostap -- None Available
Carriage Place Homes Inc -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matsyuk Ostap $68,000
Previous Owner Carriage Place Homes Inc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2014 09/02/14 Sold $56,900 0.0% --
08/20/2014 08/20/14 Pending -- -- --
11/19/2012 11/19/12 For Sale $56,900 -- --
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 $4,435 $469,000 $78,100 $390,900
2022 $4,153 $382,800 $56,900 $325,900
2021 $3,650 $347,000 $56,900 $290,100
2020 $3,395 $321,900 $56,900 $265,000
2019 $3,370 $318,600 $56,900 $261,700
2018 $3,253 $307,000 $56,900 $250,100
2017 $3,243 $302,600 $56,900 $245,700
2016 $3,123 $292,400 $56,900 $235,500
2014 $1,625 $154,800 $49,500 $105,300
2013 $16 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201212098

Indiana Regional MLS

APN: 02-11-11-426-022.000-075