$50,000
SOLD NOV 21, 2024

2521 S Stone St Albion, IN 46701

2 Beds
1 Bath
864 Sq Ft
0.28 Acres

Recently Sold

$58 Per Sq Ft

33% Below List Price

83 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Bathtub with Shower
  • Baseboard Heating
  • Lake Property
  • 1-Story Property
  • Level Lot

About This Home

As of November 2024

Handyman Special! Bring your tools and imagination to this 2-bedroom, 1-bath home in need of significant repairs. Perfect for a buyer looking to invest in a fixer-upper and create something truly unique. This property also features a shared easement for lake access, offering the opportunity to enjoy lake living once the home is restored. A fantastic opportunity to invest in a property with potential, whether you're an investor or a DIY enthusiast.

Last Agent to Sell the Property

Nicholas Krauter

Schrader RE and Auction/Fort Wayne Listed on: 08/29/2024

Last Buyer's Agent

Brandon Krauter

Schrader RE and Auction/Fort Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • 40 Feet of Waterfront
  • Rural Setting
  • Chain Link Fence
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Wolf Lake Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

  • Baseboard Heating
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 57-19-18-300-028.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$216

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 74
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SAND POINT 2ND ADD HIGH LAKE LOTS 28 & 29
  • Parcel Number ID: 57-19-18-300-028.000-009
  • Platted: Yes
  • Amenities: Tub/Shower Combination, Main Floor Laundry
  • Location: Lake, Rural
  • Sp Lp Percent: 76.92
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 864
  • Total Finished Sq Ft: 864
  • Above Grade Finished Sq Ft: 864
  • Price Per Sq Ft: 57.87
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 20x12, On Level: Main
  • Kitchen: Dimensions: 12x15, On Level: Main
  • Bedroom 1: Dimensions: 12x18, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 12x24
  • Channel Canal Frontage: 40
  • Fence: Chain Link
  • Lake Type: Non Ski Lake
  • Outbuilding2: Shed, Dimensions: 8x6, 48
  • Water Frontage: 40
  • Water Name: High Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Wood, Baseboard
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Wolf Lake

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100X120
  • Estimated Lot Sq Ft: 11979
  • Estimated Lot Size Acres: 0.28

Tax Info

  • Annual Taxes: 216

Multi Family

  • Water Access: Easement/Other

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Nov 21, 2024
Sold by
King Kevin M Estate
Bought by
Mcclellan Terry Jay
Seller's Agent
Nicholas Krauter
Schrader RE and Auction/Fort Wayne
Buyer's Agent
Brandon Krauter
Schrader RE and Auction/Fort Wayne
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Views
121
Current Estimated Value
$86,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,995
Avg. Annual Appreciation
96.62%

Purchase Details

Listed on
Aug 10, 2015
Closed on
Jun 30, 2016
Sold by
Jade R Gay
Bought by
Kevin M King
Seller's Agent
Danielle Genth
Minear Real Estate
Buyer's Agent
Josh Rosenogle
Orizon Real Estate, Inc.
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
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 Type Sale Price Title Company
Deed $50,000 Assurance Title Company Llc
Deed $44,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $50,000 -23.1% $58 / Sq Ft
09/16/2024 09/16/24 Price Changed $65,000 -13.3% $75 / Sq Ft
08/29/2024 08/29/24 For Sale $75,000 +70.5% $87 / Sq Ft
06/30/2016 06/30/16 Sold $44,000 -11.8% $51 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $49,900 -- $58 / 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 $211 $78,800 $32,000 $46,800
2023 $261 $76,800 $30,700 $46,100
2022 $202 $75,500 $30,700 $44,800
2021 $175 $69,500 $29,700 $39,800
2020 $163 $58,700 $25,000 $33,700
2019 $149 $56,100 $23,900 $32,200
2018 $152 $54,900 $23,900 $31,000
2017 $149 $54,600 $23,900 $30,700
2016 $134 $52,500 $23,900 $28,600
2014 $144 $48,700 $21,500 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202433177

Indiana Regional MLS

APN: 571918300028000009