2860 S 575 W Albion, IN 46701
Estimated Value: $367,000 - $632,976
4
Beds
3
Baths
2,288
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Waterfront
- Open Floorplan
- Contemporary Architecture
- 10.95 Acre Lot
- ENERGY STAR Certified Homes
- Wooded Lot
About This Home
As of July 2020*Sale contingent on buyer financing. Showing for back up offers only.* Modern farmhouse built in 2017 with sustainable design on the most beautiful 11 acres you can imagine in northern Indiana. This rare property is adjacent to the Merry Lea Environmental Nature Sanctuary and is rich with trails, wildlife, and even lakefront access to High Lake. Live well in the unspoiled views of nature from every room in this well planned design built by Miller Brothers. The unfinished walkout lower level is plumbed for a bath and can easily be finished with another bedroom suite, recreation room, and still have lots of storage. The open great room and kitchen boasts high ceilings and plenty of space for entertaining. The main floor den plus a guest suite make this home perfect for any generation. Enjoy summer nights on the covered front porch or evening sunsets from the back yard. Welcome winter with this Blaze King Wood stove which adds to the sustainability and the ambiance. The Pro Via windows offer a higher R value for insulation and the high efficiency heat pump is friendly to your budget. Where else can you enjoy the beauty of nature in a new home with budget and environmentally friendly features? Come see all this land and home has to offer. There are no restrictions against adding an outbuilding, hunting, fishing or possibly subdividing for another home. Get back to nature on the established trails or relax to the sounds of nature around a fire pit. It's all here!
Last Buyer's Agent
Heather Palan
Minear Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,199
Year Built
- Built in 2017
Lot Details
- 10.95 Acre Lot
- Lot Dimensions are 590x1084x425x432
- Waterfront
- Backs to Open Ground
- Rural Setting
- Sloped Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
- Off-Street Parking
Home Design
- Contemporary Architecture
- Poured Concrete
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Insulated Windows
- Entrance Foyer
- Living Room with Fireplace
- Walk-Out Basement
Kitchen
- Electric Oven or Range
- Kitchen Island
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient HVAC
- Energy-Efficient Insulation
- ENERGY STAR Certified Homes
- ENERGY STAR/Reflective Roof
Schools
- Wolf Lake Elementary School
- Central Noble Middle School
- Central Noble High School
Utilities
- SEER Rated 16+ Air Conditioning Units
- Heat Pump System
- Heating System Uses Wood
- Private Company Owned Well
- Well
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 57-19-18-300-249.000-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2020
Closed on
Jul 24, 2020
Sold by
Pontius and Laura
Bought by
Parker Benjamin Michael and Parker Melissa L
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Heather Palan
Minear Real Estate
List Price
$420,000
Sold Price
$440,000
Premium/Discount to List
$20,000
4.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,494
Avg. Annual Appreciation
4.56%
Original Mortgage
$440,000
Outstanding Balance
$397,901
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$149,896
Similar Home in Albion, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parker Benjamin Michael | $440,000 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parker Benjamin Michael | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Sold | $440,000 | +4.8% | $192 / Sq Ft |
| 06/22/2020 06/22/20 | For Sale | $420,000 | -- | $184 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,832 | $424,400 | $81,500 | $342,900 |
| 2023 | $2,858 | $413,900 | $78,000 | $335,900 |
| 2022 | $3,178 | $440,100 | $77,600 | $362,500 |
| 2021 | $2,680 | $398,100 | $68,000 | $330,100 |
| 2020 | $2,628 | $352,000 | $60,200 | $291,800 |
| 2019 | $2,199 | $308,400 | $55,700 | $252,700 |
| 2018 | $2,139 | $295,800 | $54,800 | $241,000 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Goldsmith
Seller's Agent in 2020
Beth Goldsmith
North Eastern Group Realty
(260) 414-9903
249 Total Sales
-
H
Buyer's Agent in 2020
Heather Palan
Minear Real Estate
Map
Source: Indiana Regional MLS
MLS Number: 202023452
APN: 571918300249000009
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