NOT LISTED FOR SALE

Estimated Value: $422,000 - $584,000

4 Beds
4 Baths
4,499 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $234,900 $52 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,055/month

5 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Community Pool
  • Summit Middle School Rated A-
  • Ranch Style House
  • 3 Car Attached Garage

About This Home

As of June 2013

Quality custom (Parade Home) built by Star Builders. 4500 finished square footage. Gorgeous vaulted greatroom with floor to ceiling gas log fireplace. Amazing view overlooking the pond. 3 season room. Harlan kitchen, new counter tops.

Last Agent to Sell the Property

Tamara Braun

Estate Advisors LLC Listed on: 04/18/2013

Last Buyer's Agent

Beth Walker

Fairfield Group REALTORS, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 133x208
  • Waterfront

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Living Room with Fireplace
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • Natural lighting in basement

Utilities

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

Additional Features

  • Lake, Pond or Stream
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-11-14-254-001.000-075

Community Details

Recreation

  • Waterfront Owned by Association
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

Built in 1985

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1985
  • Age: 28
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Oak Borough, Sec I, Lot 21
  • Parcel Number ID: 02-11-14-254-001.000-075
  • Platted: Yes
  • Amenities: Disposal
  • Location: City/Town/Suburb
  • Section Number: I
  • Sp Lp Percent: 97.92
  • Special Features: None

Interior Features

  • Total Sq Ft: 4588
  • Total Finished Sq Ft: 4499
  • Above Grade Finished Sq Ft: 2299
  • Below Grade Finished Sq Ft: 2200
  • Below Grade Sq Ft: 89
  • Price Per Sq Ft: 102.17
  • Basement Foundation: Daylight, Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 11x12, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Breakfast Room: Dimensions: 10x14, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 20x21, On Level: Main
  • Den: Dimensions: 17x23, On Level: Lower
  • Recreation Room: On Level: N/A
  • Extra Room: Extra Room, Dimensions: 31x32, On Level: Lower
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Bedroom 4: Dimensions: 10x12, On Level: Main
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2289

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Water Features: Assoc

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x31
  • Garage Sq Ft: 682

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 470
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Haverhill
  • Middle School: Summit
  • High School: Homestead

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 133x208
  • Lot Number: 21
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 2531.64
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 19, 2013
Sold by
Lux Douglas C and Lux Sandra E
Bought by
Drummond Richard C and Drummond R
Seller's Agent
Tamara Braun
Estate Advisors LLC
Buyer's Agent
Beth Walker
Fairfield Group REALTORS, Inc.
List Price
$239,900
Sold Price
$234,900
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$500,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,210
Avg. Annual Appreciation
6.30%
Original Mortgage
$199,665
Outstanding Balance
$142,849
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$357,261

Purchase Details

Closed on
May 30, 2008
Sold by
Smith Robert Lee
Bought by
Lux Douglas C and Lux Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Smith Robert Lee and Smith Martha Ann
Bought by
Smith Robert Lee and The Robert Lee Smith Revocable Living Tr
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 Buyer Sale Price Title Company
Drummond Richard C -- None Available
Lux Douglas C -- Riverbend Title
Lux Douglas C -- Riverbend Title
Smith Robert Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Richard C $199,665
Previous Owner Lux Douglas C $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2013 06/19/13 Sold $234,900 -2.1% $52 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $239,900 -- $53 / 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 $4,719 $428,600 $80,600 $348,000
2023 $4,719 $438,400 $41,000 $397,400
2022 $4,248 $391,500 $41,000 $350,500
2021 $3,816 $362,700 $41,000 $321,700
2020 $3,374 $320,000 $41,000 $279,000
2019 $3,235 $305,900 $41,000 $264,900
2018 $3,040 $287,100 $41,000 $246,100
2017 $2,734 $257,600 $41,000 $216,600
2016 $2,614 $245,300 $41,000 $204,300
2014 $2,541 $240,200 $41,000 $199,200
2013 $2,528 $237,700 $41,000 $196,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201303877

Indiana Regional MLS

APN: 02-11-14-254-001.000-075