NOT LISTED FOR SALE

32 Fairlane Dr Warsaw, IN 46580

Estimated Value: $404,000 - $470,000

3 Beds
2.5 Baths
2,021 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $355,000 $176 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,657/month

3 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Primary Bedroom Suite
  • Ranch Style House
  • Lincoln Elementary School Rated A-
  • Lake Property
  • 2 Car Attached Garage

About This Home

As of June 2022

Just in time for #lakelife at #WinonaLake This beautiful brick ranch offers a spacious floor plan with sunken living room and 100' of water frontage! Enjoy the lifestyle that the Fair Lane Subdivision offers you. Being directly on the water and just a short drive to schools, Downtown Warsaw & Village at Winona. Where you can enjoy fine dining, specialty shopping, community festivals and the magnificent Fourth of July fireworks show! This three bedroom, two and a half bath ranch features a flare of the popular, mid-century modern vibe. As you enter the through the front door, you're greeted by a sunken living room with views of the waterfront. Adjacent dining room, nearby kitchen and around the corner, a generous size family room with beautiful hand-scraped style flooring. From here and dining area, you can access the lakeside sunroom and back yard. Down the hall, the primary bedroom with renovated en-suite. Beautiful new vanity, linen cabinet and tiled walk in shower. The laundry room leads you to the garage where you'll find built in storage and newer furnace. Additional amenities include concrete seawall, custom window shades throughout, family room gas log fireplace and so much more. Come enjoy the lake season now and live here year round while adding your personal updates.

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 05/19/2022

Last Buyer's Agent

Adam Noblitt

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 105x115
  • 101 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

  • Lincoln Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Fair Lane / Fairlane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-11-16-400-218.000-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1975
  • Age: 47
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 004-074-035 LOT 32 LESS S 5' FAIR LANE SD 1
  • Parcel Number ID: 43-11-16-400-218.000-032
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Grid: 15 - Central Kosc. Water
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 101.46
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2021
  • Total Finished Sq Ft: 2021
  • Above Grade Finished Sq Ft: 2021
  • Price Per Sq Ft: 175.66
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 30x14, On Level: Main
  • Kitchen: Dimensions: 13x7, On Level: Main
  • Dining Room: Dimensions: 15x17, On Level: Main
  • Family Room: On Level: Main
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Main Level Sq Ft: 2021
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 101
  • Lake Type: Ski Lake
  • Water Frontage: 101
  • Water Name: Winona Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x29
  • Garage Sq Ft: 638
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx8, On Level: 5
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Lincoln
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level, Lake
  • Lot Dimensions: 105x115
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 32

Tax Info

  • Annual Taxes: 3888.27
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 27, 2022
Sold by
Michael G Noel Revocable Trust
Bought by
Wallen Ross Michael and Wallen Mary
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Adam Noblitt
eXp Realty, LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$421,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,177
Avg. Annual Appreciation
7.66%
Original Mortgage
$284,000
Outstanding Balance
$272,562
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$174,703

Purchase Details

Closed on
Jul 21, 2021
Sold by
Noel Michael G
Bought by
Noel Michael C and Michael G Noel Revocable Trust
Source: Public Records

Range of Values:

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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
Wallen Ross Michael -- Metropolitan Title
Noel Michael C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallen Ross Michael $284,000
Previous Owner Noel Leonora G $119,500
Previous Owner Noel Leonara G $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $355,000 +1.5% $176 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $349,900 -- $173 / 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 $4,209 $406,000 $105,700 $300,300
2023 $3,963 $380,900 $99,800 $281,100
2022 $6,487 $312,000 $89,800 $222,200
2021 $2,988 $284,700 $89,800 $194,900
2020 $2,926 $278,600 $89,800 $188,800
2019 $2,785 $264,900 $89,800 $175,100
2018 $2,792 $264,900 $89,800 $175,100
2017 $2,677 $253,500 $89,800 $163,700
2016 $2,603 $246,300 $89,800 $156,500
2014 $2,400 $240,000 $89,800 $150,200
2013 $2,400 $240,000 $89,800 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202219286

Indiana Regional MLS

APN: 43-11-16-400-218.000-032