NOT LISTED FOR SALE

280 Lane 120 Lime Lake Angola, IN 46703

Estimated Value: $808,000 - $1,130,510

4 Beds
3.5 Baths
4,572 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $775,000 $170 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,126/month

235 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Pier or Dock
  • Living Room with Fireplace
  • Prairie Heights Senior High School Rated 9+
  • Contemporary Architecture
  • Lake, Pond or Stream

About This Home

As of December 2023

Perhaps you are familiar with Webster's Dictionary? If so it defines the word "exquisite" as of special beauty and charm. This home clearly reflects the definition in every way from top to bottom. Sitting on one acre the views from this home are tremendous accross tranquil Lime Lake. This home is waiting for that special owner who values their privacy and comfort. If you desire you may quickly access beautiful Lake Gage a prized all sports lake which is just a short boat ride away through the nearby channel. Every feature has been given to detail in the quality construction of this home. Just to name a few of the many features this home boasts is a beautiful kitchen and dining room, granite tops, custom cherry cabinets, built in oven and microwave , two on demand gas hot water heaters, a great room with vaulted wood ceilings and gas fireplace, a finished walk out basement with a gas fireplace, elevator, professional landscaping, irrigation system, slate and flagstone decks, gazebo, a huge garage, security system and a whole house generator all add up to what you desire in a home not just a house. Boat size may limit passage under the bridge to Lake Gage. There is NO homestead exemption currently on the property.

Last Agent to Sell the Property

Brad Cookson

RE/MAX Results - Angola office Brokerage Phone: 260-667-4121 Listed on: 08/17/2023

RE/MAX Results - Angola office

Co-Listed By

Mark Pontecorvo

RE/MAX Results - Angola office Brokerage Phone: 260-667-4121

Last Buyer's Agent

Brad Cookson

RE/MAX Results - Angola office Brokerage Phone: 260-667-4121 Listed on: 08/17/2023

RE/MAX Results - Angola office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,250

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Partially Wooded Lot

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Stone Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • 2 Bathrooms in Basement
  • 3 Bedrooms in Basement

Outdoor Features

  • Seawall
  • Lake, Pond or Stream

Schools

  • Prairie Heights Elementary And Middle School
  • Prairie Heights High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 76-04-35-230-209.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,250

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2005
  • Age: 18
  • Architectural Style: Contemporary
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: SHADY NOOK #2 LOT 91 & W PT VAC PUBLIC WAY ADJ, SHADY NOOK #2 LOT 99, SHADY NOOK #2 LOT 98, SHADY NOOK #2 LOT 97, SHADY NOOK #2 LOT 96 & E PT VAC PUBLIC WAY ADJ, SHADY NOOK #2 LOT 95 & E PT VAC PUBLIC WAY ADJ, SHADY NOOK #2 LOT 94 & E PT VAC PUBLIC WAY ADJ, SHADY NOOK LOT 93 & W PT VAC PUBLIC WAY ADJ, SHADY NOOK #2 LOT 92 & W PT VAC PUBLIC WAY ADJ, SHADY NOOK #2 LOT 90 & W PT VAC PUBLIC WAY ADJ.
  • Parcel Number ID: 76-04-35-230-209.000-007
  • Platted: Yes
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 91.18
  • Year Taxes Payable: 22/23
  • Special Features: None

Interior Features

  • Total Sq Ft: 5172
  • Total Finished Sq Ft: 4572
  • Above Grade Finished Sq Ft: 2286
  • Below Grade Finished Sq Ft: 2286
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 339.02
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile, Stone
  • Bedroom 1: Dimensions: 22x15, On Level: Main
  • Bedroom 2: Dimensions: 16x16, On Level: Lower
  • Bedroom 3: Dimensions: 13x14, On Level: Lower
  • Bedroom 4: Dimensions: 13x13, On Level: Lower
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2886

Exterior Features

  • Exterior: Stone
  • Outbuilding1: None
  • Channel Canal Frontage: 175
  • Lake Type: Access to Ski Lake
  • Sea Wall Type: Rip Rap
  • Water Features: Pier/Dock
  • Water Frontage: 300
  • Water Name: Lime Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 40x24
  • Garage Sq Ft: 960
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Prairie Heights Community
  • Elementary School: Prairie Heights
  • Middle School: Prairie Heights
  • High School: Prairie Heights
  • Elementary School: Prairie Heights

Lot Info

  • Lot Description: Cul-De-Sac, Partially Wooded, Waterfront
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 43298
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 11250.12

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Prairie Heights
  • Middle School: Prairie Heights
  • School District: Prairie Heights Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Dec 28, 2023
Sold by
Magley Donna R
Bought by
Raymond Charles
Seller's Agent
Brad Cookson
RE/MAX Results - Angola office
Buyer's Agent
Brad Cookson
RE/MAX Results - Angola office
List Price
$1,050,000
Sold Price
$775,000
Premium/Discount to List
-$275,000
-26.19%
Views
149
Current Estimated Value
$1,002,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,170
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Timmer George C
Bought by
Timmer George C and Timmer Kimberly R

Purchase Details

Closed on
Sep 20, 2010
Sold by
Timmer Geroge C and Timmer Kimberly R
Bought by
Timmer George C and George C Timmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,105
Interest Rate
4.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Timmer George C and Timmer Kimberly R
Bought by
Timmer George C and George C Timmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2000
Sold by
Timmer George C
Bought by
Timmer George C
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
Raymond Charles $775,000 Fidelity National Title Compan
Raymond Charles $775,000 Fidelity National Title Compan
Timmer George C -- None Available
Timmer George C -- None Available
Timmer George C -- None Available
Timmer George C -- None Available
Timmer George C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timmer George C $85,105
Previous Owner Timmer George C $85,105
Previous Owner Timmer George C $400,000
Previous Owner Timmer George C $417,000
Previous Owner Timmer George C $105,000
Previous Owner Timmer George C $580,000
Previous Owner Timmer George C $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $775,000 -8.8% $170 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $850,000 -5.5% $186 / Sq Ft
10/16/2023 10/16/23 Price Changed $899,000 -5.4% $197 / Sq Ft
09/12/2023 09/12/23 Price Changed $950,000 -2.6% $208 / Sq Ft
08/31/2023 08/31/23 Price Changed $975,000 -2.0% $213 / Sq Ft
08/18/2023 08/18/23 Price Changed $995,000 -5.2% $218 / Sq Ft
08/17/2023 08/17/23 For Sale $1,050,000 +35.5% $230 / Sq Ft
08/15/2023 08/15/23 Off Market $775,000 -- --
07/06/2023 07/06/23 Price Changed $1,050,000 -4.5% $230 / Sq Ft
04/30/2023 04/30/23 For Sale $1,100,000 +12.8% $241 / Sq Ft
03/15/2016 03/15/16 Sold $975,000 -18.8% $213 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
08/07/2015 08/07/15 For Sale $1,200,000 -- $262 / 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 $7,976 $1,371,100 $17,600 $1,353,500
2023 $5,267 $988,600 $16,600 $972,000
2022 $9,575 $1,009,500 $16,600 $992,900
2021 $8,821 $892,200 $15,800 $876,400
2020 $8,068 $785,700 $13,800 $771,900
2019 $7,961 $773,200 $21,600 $751,600
2018 $7,748 $744,300 $21,600 $722,700
2017 $3,637 $426,400 $23,500 $402,900
2016 $2,618 $311,400 $23,500 $287,900
2014 $2,609 $306,000 $23,500 $282,500
2013 $2,609 $312,100 $23,500 $288,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202313514

Indiana Regional MLS

APN: 76-04-35-230-209.000-007