NOT LISTED FOR SALE

2375 W 700 N Columbia City, IN 46725

Estimated Value: $111,956 - $160,000

1 Bed
1 Bath
640 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $52,000 $81 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $819/month

30 Days on Market

Highlights

  • Lake Property
  • 1-Story Property
  • Level Lot
  • Bungalow
  • Waterski or Wakeboard

About This Home

As of May 2020

Summer cottage on Loon Lake. Home is on a double lot with easement to Loon Lake, newer roof, pier access is on island created by DNR on Oak Hill Property. Skiing from 1-4 pm.

Last Agent to Sell the Property

Kevin Ewing

Orizon Real Estate, Inc. Listed on: 03/17/2020

Last Buyer's Agent

Kevin Ewing

Orizon Real Estate, Inc. Listed on: 03/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 72x81
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $4 per month

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

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

Schools

  • Northern Heights Elementary School
  • Indian Springs Middle School
  • Columbia City High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Propane
  • Private Company Owned Well
  • Well

Community Details

  • $4 Other Monthly Fees
  • Oak Hill / Oakhill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 92-03-06-402-022.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1925

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 95
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 21 and Lot 22 Oak Hill Second Addition To Loon Lake Resort
  • Parcel Number ID: 92-03-06-402-022.000-011
  • Platted: Yes
  • Location: Lake
  • Parcel Id2: 920306402021000011
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 104.21
  • County Zoning: R1
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 640
  • Total Finished Sq Ft: 640
  • Above Grade Finished Sq Ft: 640
  • Price Per Sq Ft: 81.25
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 16x11, On Level: Main
  • Kitchen: Dimensions: 9x13, On Level: Main
  • Extra Room: Dimensions: 6x15, On Level: Main
  • Bedroom 1: Dimensions: 9x8, On Level: Main
  • Main Level Sq Ft: 640
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 8x12, 96
  • Lake Type: Ski Lake
  • Outbuilding2: Shed, Dimensions: 12x8, 96
  • Water Name: Loon Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Propane, Wall Heater
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Recycle
  • Other Fees Dollar: 53

Schools

  • School District: Whitley CO Cons Schools
  • Elementary School: Northern Heights
  • Middle School: Indian Springs
  • High School: Columbia City
  • Elementary School: Northern Heights

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72x81
  • Lot Number: 21

Tax Info

  • Annual Taxes: 855.92

Multi Family

  • Water Access: Easement/Other

MLS Schools

  • High School: Columbia City
  • Middle School: Indian Springs
  • School District: Whitley CO Cons Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 29, 2020
Sold by
Smith Jeremy J and Smith Kari K
Bought by
Arnold Kelsie
Seller's Agent
Kevin Ewing
Orizon Real Estate, Inc.
Buyer's Agent
Kevin Ewing
Orizon Real Estate, Inc.
List Price
$49,900
Sold Price
$52,000
Premium/Discount to List
$2,100
4.21%
Current Estimated Value
$140,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,739
Avg. Annual Appreciation
20.37%
Original Mortgage
$49,977
Outstanding Balance
$44,383
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$96,356

Purchase Details

Closed on
Nov 6, 2008
Sold by
Dennis A Chandler
Bought by
Scott Richards
Source: Public Records

Range of Values:

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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
Arnold Kelsie $50,476 Simplifile Lc E-Recording
Scott Richards $7,400 Whitley County Auditor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Kelsie $49,977
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $52,000 +4.2% $81 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $49,900 -- $78 / 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 $794 $65,400 $17,400 $48,000
2023 $295 $61,600 $16,600 $45,000
2022 $182 $58,500 $15,100 $43,400
2021 $213 $49,700 $15,100 $34,600
2020 $138 $43,600 $14,700 $28,900
2019 $755 $42,500 $14,700 $27,800
2018 $785 $43,000 $14,700 $28,300
2017 $794 $42,900 $14,700 $28,200
2016 $735 $42,600 $14,700 $27,900
2014 $616 $40,600 $14,700 $25,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202010144

Indiana Regional MLS

APN: 92-03-06-402-022.000-011