NOT LISTED FOR SALE

2401 S Salamonie Dam Rd Lagro, IN 46941

Estimated Value: $478,944 - $558,000

3 Beds
3 Baths
3,840 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $243,750 $63 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,090/month

31 Days on Market

Highlights

  • Vaulted Ceiling
  • Workshop
  • 3 Car Attached Garage
  • Covered patio or porch
  • Walk-In Pantry
  • Tile Flooring

About This Home

As of August 2013

CUSTOM BUILT AND LOADED W/STORAGE AND SPACE THROUGHOUT!! Open concept w/loft overlooking formal LR, DR, Entry, beautiful wooden step stairway to bdrm on L2 + full bath, open loft area is separated into 2 parts. Formal LR, DR, Beautiful Entry, Kitchen w/built-ins & amazing space! Family Rm has new carpet, custom ceiling, opens to spacious deck. Master bdrm/bath on main flr along w/another bdrm and full bath. Attach 3+C garage, so much to offer close to Salamonie Resv and Forest!! Subject to new legal/split, more ground available, ask agent for details. MOTIVATED SELLERS RELOCATING OUT OF AREA - BRING OFFER!! MOVE RIGHT IN, DO NOTHING!

NON-ASSOCIATION AGENT

NON-ASSOCIATION Listed on: 06/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1997

Lot Details

  • 5.82

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Walk-In Pantry
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Septic System

Additional Features

  • Covered patio or porch
  • 5.82 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 85-15-13-200-012.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 002-01645-00 PT NE1/4 13-27-7
  • Parcel Number ID: 85-15-13-200-012.000-003
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Pantry-Walk In, Porch Covered, Workshop
  • Special Features: None

Interior Features

  • Total Sq Ft: 3840
  • Total Finished Sq Ft: 3840
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 26x17, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 17x21, On Level: Main
  • Bedroom 1: Dimensions: 21x12, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Main
  • Bedroom 3: Dimensions: 12x15, On Level: Upper
  • Other Room1: Dimensions: 26x20, On Level: Upper
  • Total Below Grade Sq Ft: 2352

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 42x32

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 12xMain, On Level: 12

Schools

  • School District: MSD of Wabash County Schools

Lot Info

  • Lot Dimensions: 5.82
  • Estimated Lot Size Acres: 5.82

Tax Info

  • Annual Taxes: 850
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2013
Closed on
Aug 9, 2013
Sold by
Reed Michael R and Reed Susan L
Bought by
Cole James Robert and Cole Laura Ellen
Buyer's Agent
NON-ASSOCIATION AGENT
NON-ASSOCIATION
List Price
$235,000
Sold Price
$243,750
Premium/Discount to List
$8,750
3.72%
Total Days on Market
31
Current Estimated Value
$518,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,722
Avg. Annual Appreciation
5.51%
Original Mortgage
$195,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Bitzer Todd A and Bitzer Diana F
Bought by
Reed Michael R and Reed Susan L

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
Cole James Robert -- None Available
Reed Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole James Robert $107,500
Closed Cole James Robert $48,000
Closed Cole James Robert $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $243,750 +3.7% $63 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/09/2013 06/09/13 For Sale $235,000 -- $61 / 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 $2,590 $339,400 $39,800 $299,600
2023 $2,438 $330,000 $39,800 $290,200
2022 $1,990 $312,600 $39,800 $272,800
2021 $1,963 $280,600 $36,800 $243,800
2020 $1,789 $263,900 $36,800 $227,100
2019 $1,585 $246,600 $36,800 $209,800
2018 $1,542 $242,100 $36,800 $205,300
2017 $1,469 $242,500 $38,200 $204,300
2016 $1,128 $242,400 $38,200 $204,200
2014 $876 $215,000 $38,200 $176,800
2013 $807 $213,000 $38,200 $174,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 757739

Indiana Regional MLS

APN: 85-15-13-200-012.000-003