NOT LISTED FOR SALE

2524 Lake Shore Dr Long Beach, IN 46360

Estimated Value: $798,000 - $2,820,000

4 Beds
3.5 Baths
2,916 Sq Ft
$708/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $2,500,000 $857 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $12,939/month

89 Days on Market

Highlights

  • Lake Front
  • Fireplace in Primary Bedroom
  • No HOA
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

About This Home

As of June 2022

ULTIMATE BEACH HOUSE ON A 140 FEET LAKE FRONT LOT! Incredible 4Bd, 3.5Ba beach house offers every amenity on 140 ft of lake frontage w/capped seawalls. Gorgeous and inviting Lake Michigan views from every room. Wonderful living space and quality throughout. Chef's Kitchen w/custom tiled backsplash, pantry and storage, as well as a fireplace in the Living Room, open to the Dining Area and 2 quiet sitting areas for Office/Study. Primary Bedroom w/beautifully finished en suite bath, access to the upper-level deck and Guest Room with adjacent Bath, alllocated on the entry level. In Lower walk out level are 2 Bedrooms with a beverage center and a completely tiled Bath. Both of these bedrooms provide Doors for direct access to the beach/patios. Exquisite outdoor tiled kitchen, firepit conversation area, and steps downto yet another sitting area/access to the beach. Outdoor enclosed storage for beach toys. 2 Car Garage & ample amount of parking. This lakefront wonder truly has it all!

Last Agent to Sell the Property

Micky Gallas

@properties/Christie's Intl RE License #RB14034740 Listed on: 02/15/2022

@properties/Christie's Intl RE

Last Buyer's Agent

Jordan Gallas

@properties/Christie's Intl RE License #RB14039617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,673

Year Built

  • Built in 1920

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 140x130
  • Lake Front
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Dry Bar
  • Skylights
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lake Views
  • Home Security System
  • Basement

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 460114152036000023

Community Details

Overview

  • No Home Owners Association
  • Long Beach Add Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,673

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake On Lot, Landscaped, Level, Other, Paved
  • Road Surface Type: Paved
  • Reso View: Lake
  • ResoOtherEquipment: Other
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA2006
  • Subdivision Name: Long Beach Add
  • Above Grade Finished Sq Ft: 2052
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Microwave, Other, Oven, Range Hood, Refrigerator, Washer
  • Interior Amenities: Dry Bar, Primary Downstairs, Wet Bar
  • Basement: Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 864
  • Fireplace Features: Great Room, Living Room, Primary Bedroom
  • Fireplaces: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Gas Grill, Other, Storage
  • Acres: 0.4118
  • Waterfront Features: Lake Front, Lake Privileges
  • Construction Type: Brick, Cedar
  • Patio And Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 140x130
  • Lot Size Sq Ft: 17940
  • Parcel #: 460114152036000023

Tax Info

  • Year: 2020
  • Tax Annual Amount: 19673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jun 4, 2022
Sold by
Sullivan William E and Sullivan Suzanne M
Bought by
Napleton Stephen P and Napleton Madeline
Seller's Agent
Micky Gallas
@properties/Christie's Intl RE
Buyer's Agent
Jordan Gallas
@properties/Christie's Intl RE
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$2,065,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$434,898
Avg. Annual Appreciation
-4.21%
Original Mortgage
$1,250,000
Outstanding Balance
$1,181,139
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$993,626

Purchase Details

Closed on
Jul 23, 2012
Sold by
Phillips Mark L and Hoodwin Albert
Bought by
Sullivan William E and Sullivan Suzanne M

Purchase Details

Closed on
Aug 24, 2006
Sold by
Fitzsimmons Tommy Ann
Bought by
Sullivan William E and Sullivan Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

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
Napleton Stephen P -- Mcdonnell Barry F
Sullivan William E -- Meridian Title Corp
Sullivan William E -- Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Napleton Stephen P $1,250,000
Previous Owner Sullivan William E $750,000
Previous Owner Sullivan William E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $2,500,000 0.0% $857 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $2,500,000 -- $857 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $20,494 $2,073,800 $1,517,700 $556,100
2023 $20,422 $2,034,000 $1,517,700 $516,300
2022 $19,926 $1,984,200 $1,517,700 $466,500
2021 $19,676 $1,957,300 $1,602,000 $355,300
2020 $19,673 $1,957,300 $1,602,000 $355,300
2019 $19,727 $1,957,900 $1,602,000 $355,900
2018 $17,139 $1,698,700 $1,366,000 $332,700
2017 $15,805 $1,567,100 $1,162,500 $404,600
2016 $15,960 $1,583,100 $1,162,500 $420,600
2014 $9,761 $1,331,800 $1,016,400 $315,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 507591

Northwest Indiana Association of REALTORS®

APN: 46-01-14-152-036.000-023