NOT LISTED FOR SALE

2040 Lane 200 Lake James Angola, IN 46703

Estimated Value: $643,435 - $847,000

3 Beds
2 Baths
2,164 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $510,000 $236 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,257/month

171 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of June 2019

Lake Living could not be more relaxing in this charming lakefront home! Located on Sowles Bay of Lake James this home is the perfect spot for your weekend getaway or year around residence. This home features 3 bedrooms and 2 full baths with a spacious master bedroom on the main floor. There are two walk-in closets with plenty customized storage from closet tamers. The main floor bath has new flooring and dual sinks. The main floor living features an open concept with spacious views of the water and abundance of natural light. The kitchen has plenty of storage with a breakfast bar overlooking the water. The laundry room is over-sized and doubles as a walk-in pantry with an extra 12 feet of upper cabinets. The french doors lead out to the spacious 12 x 20 deck and LEVEL lot leading out to the water. There is plenty of room for entertaining friends, family and the neighbors! Upstairs there are 2 spacious bedrooms which share a second full bathroom. There have been some fabulous features added to this home: hardwoods on the main level, plantation shutters added to the windows, tank-less water heater, and more. Outside there is plenty of space to enjoy all that lake living has to offer! There is a fire pit for bonfires, platform brock dock with plenty of boat parking, a beach area that was installed and plenty of room for the kids to play!

Last Agent to Sell the Property

Erica Amans

Coldwell Banker Real Estate Group Listed on: 11/30/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Christy Thomson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50x303
  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,164 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 76-06-03-440-208.000-011

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1968
  • Age: 51
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SE1/4 SE FR1/4 SEC 3 .25A |
  • Parcel Number ID: 76-06-03-440-208.000-011
  • Platted: Yes
  • Amenities: Breakfast Bar, Built-In Speaker System, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Ceramic, Deck Open, Disposal, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump
  • Location: Lake
  • Sp Lp Percent: 97.14
  • Special Features: None

Interior Features

  • Total Sq Ft: 2164
  • Total Finished Sq Ft: 2164
  • Above Grade Finished Sq Ft: 2164
  • Price Per Sq Ft: 235.67
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Extra Room: Main Level Bathroom, Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 25x17, On Level: Main
  • Bedroom 2: Dimensions: 16x14, On Level: Upper
  • Bedroom 3: Dimensions: 14x14, On Level: Upper
  • Other Room1: Bath-Upstairs, Dimensions: 8x4, On Level: Upper
  • Other Room 2: Foyer, Dimensions: 12x8
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake James

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx6, On Level: 12
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: MSD of Steuben County
  • Elementary School: Ryan Park
  • Middle School: Angola
  • High School: Angola

Lot Info

  • Lot Description: Level, Lake, Waterfront-Level Bank
  • Lot Dimensions: 50X303
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 2050.32
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jun 3, 2019
Sold by
Gundy Debra J and Pomeroy Christa J
Bought by
Reed Scott and Reed Stephanie
Seller's Agent
Erica Amans
Coldwell Banker Real Estate Group
Buyer's Agent
Christy Thomson
RE/MAX Results
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$752,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,609
Avg. Annual Appreciation
6.29%
Original Mortgage
$295,000
Outstanding Balance
$259,377
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$493,232

Purchase Details

Closed on
Feb 16, 2001
Sold by
Bolenbaugh Alfred L and Bolenbaugh Rita M
Bought by
Sheehan Jeffery N and Miceli Sheehan M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reed Scott -- Fidelity National Ttl Co Llc
Sheehan Jeffery N $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Scott $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $510,000 -2.9% $236 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $525,000 -- $243 / 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 $3,160 $649,100 $491,800 $157,300
2023 $2,774 $593,400 $447,100 $146,300
2022 $2,778 $544,900 $406,400 $138,500
2021 $2,498 $479,100 $362,900 $116,200
2020 $2,144 $430,200 $324,000 $106,200
2019 $1,897 $368,900 $270,000 $98,900
2018 $2,050 $372,300 $270,000 $102,300
2017 $2,050 $364,200 $270,000 $94,200
2016 $2,042 $363,700 $270,000 $93,700
2014 $2,133 $360,200 $270,000 $90,200
2013 $2,133 $366,500 $270,000 $96,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201852339

Indiana Regional MLS

APN: 76-06-03-440-208.000-011