NOT LISTED FOR SALE

3091 E State Road 8 Albion, IN 46701

Estimated Value: $69,000 - $156,000

1 Bed
1 Bath
800 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $20,000 $25 Per Sq Ft

Est. 462% increase in value since last sale

Current estimated payment $656/month

150 Days on Market

Highlights

  • 44 Feet of Waterfront
  • Spring water is a source of water for the property
  • Wood Siding
  • Lake Property
  • Level Lot
  • Cabin

About This Home

As of November 2016

Lakefront fixer upper on Skinner Lake! Not a room has been finished so this place is a clean slate for your creativity! Much of the "destruction" has been done on this fixer upper and is ready for you to go in, finish stripping it and transform it into your dream cottage or home. Virtually everything needs to be done on this house and it's being sold "as is" but at this price it won't last long!

Last Agent to Sell the Property

Trent Curtis

Curtis Auctions & Realty Listed on: 05/11/2016

Last Buyer's Agent

Trent Curtis

Curtis Auctions & Realty Listed on: 05/11/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50x135
  • 44 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Spring water is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 57-12-15-300-008.000-008

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1925
  • Age: 91
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 6
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Skinner Lake Resort Lot 1 (300-008) Skinner Lake Resort E5' Lot 2 & W4' E9' Lot 2 (300-009) Sw Cor (
  • Parcel Number ID: 57-12-15-300-008.000-008
  • Platted: Yes
  • Location: Lake
  • Sp Lp Percent: 57.14
  • Special Features: None

Interior Features

  • Total Sq Ft: 1600
  • Total Finished Sq Ft: 800
  • Above Grade Finished Sq Ft: 800
  • Above Grade Unfinished Sq Ft: 800
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x11, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Extra Room: Lakeside sitting room, Dimensions: 15x11, On Level: Main
  • Bedroom 1: Dimensions: 15x9, On Level: Upper
  • Bedroom 2: Dimensions: 15x11, On Level: Upper
  • Main Level Sq Ft: 400
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Frontage: 44
  • Water Name: Skinner Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: Public
  • Water Utilities: Spring
  • Water Type: Lake

Schools

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

Lot Info

  • Lot Description: Level, Lake, Waterfront-Level Bank
  • Lot Dimensions: 50x135
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 1044
  • Total Assessed Value: 64900

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Nov 8, 2016
Sold by
William J Wright
Bought by
Baker Wayne E and Baker Pamela J
Seller's Agent
Trent Curtis
Curtis Auctions & Realty
Buyer's Agent
Trent Curtis
Curtis Auctions & Realty
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%
Current Estimated Value
$112,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,500
Avg. Annual Appreciation
21.42%

Purchase Details

Closed on
Jun 10, 2013
Sold by
Geoffrey T Lung
Bought by
Wright Williams J and Wright Jill R
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
Baker Wayne E $20,000 Assurance Title Company Llc
Wright Williams J $6,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2016 11/08/16 Sold $20,000 -42.9% $25 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $35,000 -- $44 / 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 $718 $56,000 $24,200 $31,800
2023 $843 $56,700 $23,200 $33,500
2022 $704 $54,100 $23,200 $30,900
2021 $395 $31,100 $31,100 $0
2020 $427 $21,400 $21,400 $0
2019 $352 $25,800 $25,800 $0
2018 $284 $20,400 $20,400 $0
2017 $411 $20,600 $19,100 $1,500
2016 $924 $69,900 $46,200 $23,700
2014 $823 $62,900 $46,200 $16,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201620950

Indiana Regional MLS

APN: 571215300008000008