NOT LISTED FOR SALE

221 Ems B61 Ln Warsaw, IN 46582

Estimated Value: $461,000 - $611,952

3 Beds
2 Baths
1,528 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $600,000 $393 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,042/month

57 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Open Floorplan
  • Living Room with Fireplace
  • Pier or Dock
  • Lake Property
  • Traditional Architecture

About This Home

As of August 2024

Welcome to your dream retreat! Nestled on a picturesque .41-acre lot, this luxurious lakefront cottage offers the perfect blend of comfort, elegance, and space. Located on Little Barbee lake, this property is ideal for those seeking a tranquil escape or an entertainer's paradise. The home features three bedrooms and two bathrooms. The lower level offers a bedroom, living space, and a kitchenette for added privacy and convenience. An additional loft area provides extra sleeping space, a home office, or a cozy reading nook. The grand, vaulted ceiling in the main living area enhances the open and airy feel of the home, while the seamless flow between the kitchen, dining, and living areas makes it perfect for entertaining and everyday living. Enjoy stunning lake views from the large, lake-level screened porch, perfect for relaxing with a morning coffee or hosting evening gatherings. The expansive yard offers ample space for outdoor games, a firepit for cozy evenings, and plenty of room to soak up the sun. The property includes an additional lot with a spacious garage and shed, providing extra storage and parking. This lakefront cottage is a rare gem, offering a luxurious living experience in a beautiful natural setting. Don’t miss your chance to own this slice of paradise! Make this stunning lakefront cottage your forever home.

Last Agent to Sell the Property

Mindy Scaggs

Legacy Group Real Estate LLC Listed on: 06/13/2024

Last Buyer's Agent

Heather Sumner

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1949

Lot Details

  • 0.43 Acre Lot
  • 90 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2.5-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Utility Room in Garage
  • Washer and Electric Dryer Hookup
  • Water Views

Kitchen

  • Kitchenette
  • Breakfast Bar
  • Gas Oven or Range
  • Stone Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Sun Deck
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Balcony

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-08-28-400-075.000-023

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,126

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1949
  • Age: 75
  • Style: Two and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 005-110-028 Lots 15 & 16 Kuhns North Shore Park 005-110-037 Pt Lots 1 & 2 28-33-7 .03A PER SURVEY
  • Parcel Number ID: 43-08-28-400-075.000-023
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Countertops-Stone, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Firepit, Garage Door Opener, Landscaped, Open Floor Plan, Porch Enclosed, Porch Screened, Range/Oven Hook Up Gas, Kitchenette, Washer Hook-Up, Garage Utilities
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100.03
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1664
  • Total Finished Sq Ft: 1528
  • Above Grade Finished Sq Ft: 832
  • Below Grade Finished Sq Ft: 696
  • Below Grade Sq Ft: 136
  • Price Per Sq Ft: 721.15
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 17x18, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 10x14, On Level: Lower
  • Bedroom 1: Dimensions: 14x13, On Level: Lower
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Other Room1: storage, Dimensions: 10x8, On Level: Lower
  • Other Room 2: Screened porch, Dimensions: 31x10, On Level: Lower
  • Loft: Dimensions: 10x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 832

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 8x6
  • Lake Type: Access to Ski Lake
  • Outbuilding2: Shed, Dimensions: 10x14, 140
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 90
  • Water Name: Little Barbee Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Lowerx5, On Level: 7
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Description: Slope, Waterfront, Lake, Water View
  • Lot Dimensions: 90x162 and 106x58
  • Estimated Lot Sq Ft: 18731
  • Estimated Lot Size Acres: 0.43

Tax Info

  • Annual Taxes: 2125.54
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 9, 2024
Sold by
Lund Family Trust and Lund Dianne M
Bought by
Fisher Edward Lee and Fisher Reine Leslie
Seller's Agent
Mindy Scaggs
Legacy Group Real Estate LLC
Buyer's Agent
Heather Sumner
eXp Realty, LLC
List Price
$599,800
Sold Price
$600,000
Premium/Discount to List
$200
0.03%
Views
69
Current Estimated Value
$542,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,512
Avg. Annual Appreciation
-8.12%
Original Mortgage
$480,000
Outstanding Balance
$474,223
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$68,265

Purchase Details

Closed on
Jun 10, 2010
Sold by
Shaul Melvin and Shaul Phyllis
Bought by
Lund Joseph W and Lund Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.13%
Mortgage Type
New Conventional
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
Fisher Edward Lee $600,000 Fidelity National Title
Lund Joseph W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Edward Lee $480,000
Previous Owner Lund Joseph W $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $600,000 0.0% $393 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $599,800 -- $393 / 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 $2,367 $416,500 $203,400 $213,100
2023 $2,126 $381,800 $186,800 $195,000
2022 $1,968 $331,400 $161,900 $169,500
2021 $1,680 $281,700 $143,200 $138,500
2020 $1,241 $234,700 $140,200 $94,500
2019 $1,166 $225,900 $134,600 $91,300
2018 $1,005 $215,400 $128,200 $87,200
2017 $995 $210,300 $128,200 $82,100
2016 $813 $201,900 $128,200 $73,700
2014 $883 $199,800 $128,200 $71,600
2013 $883 $194,600 $128,200 $66,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202421489

Indiana Regional MLS

APN: 43-08-28-400-075.000-023