NOT LISTED FOR SALE

3385 N 980 W Shipshewana, IN 46565

Estimated Value: $464,000 - $533,000

4 Beds
3 Baths
2,138 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $340,000 $159 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,757/month

83 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Meadowview Elementary School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of December 2020

Contingent offer accepted - accepting back up offers. Well maintained walkout ranch on 150 ft. of Shipshewana Lakefront. Home has many recent updates and extras that a new owner will appreciate. Geothermal heat, metal roof, ADT security system, maintenance free sea wall - just to name a few. A full itemized list is on file. Dine in or out! Dining room features French Doors leading out to the 16'x12' wood deck overlooking the lake. On the lower level the large family room features easy entertaining during summer or winter. Fireplace, Oak pool table and wet bar area complete with patio doors leading out tot the secluded hot tub area. Enjoy the outside patio with mood lighting and a covering over the hot tub. The lower level also features a large bedroom with ingress/egress window and a closet. Current owner is using this as a hobby room due to its size - 29'x26'. Lower level also includes a full bath with an up flush toilet. HSA Home Warranty is being offered. Come take a look - you won't be disappointed. Shipshewana Lake is a 202 acre non-ski lake.

Last Agent to Sell the Property

Susan Acree

Mike Thomas Associates Listed on: 08/04/2020

Mike Thomas Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1998

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 150x239
  • 150 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Walk-Out Ranch
  • Metal Roof
  • Metal Siding
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Woodwork
  • Wood Burning Fireplace
  • Heatilator
  • Workshop
  • Home Security System
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • ENERGY STAR/Reflective Roof

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Shipshewana Elementary School
  • Westview Middle School
  • Westview High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 44-05-04-300-000.055-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1998
  • Age: 22
  • Style: One Story
  • Architectural Style: Ranch, Walkout Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: STARWOOD HILLS N1/2 LOT 64 AND LOTS 65 AND 66 SHIPSHEWANA LAKE
  • Parcel Number ID: 44-05-04-300-000.055-014
  • Platted: Yes
  • Amenities: Alarm System-Security, Natural Woodwork, Open Floor Plan, Wet Bar, Workshop, Main Level Bedroom Suite, Main Floor Laundry
  • Number Below Grade Bedrooms: 1
  • Road Surface: Paved
  • Sp Lp Percent: 100.03
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2538
  • Total Finished Sq Ft: 2138
  • Above Grade Finished Sq Ft: 1338
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 254.11
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning, Heatilator
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x14, On Level: Main
  • Kitchen: Dimensions: 13x9, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 27x20, On Level: Lower
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Bedroom 4: Dimensions: 29x25, On Level: Lower
  • Other Room1: Utility room, Dimensions: 25x10, On Level: Lower
  • Main Level Sq Ft: 1338
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1200

Exterior Features

  • Exterior: Metal, Stone, Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 20x12
  • Lake Type: Non Ski Lake
  • Outbuilding2: Shed, Dimensions: 16x10, 160
  • Water Frontage: 150
  • Water Name: Shipshewana Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x26
  • Garage Sq Ft: 728
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 13
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Westview School Corp.
  • Elementary School: Shipshewana
  • Middle School: Westview
  • High School: Westview
  • Elementary School: Shipshewana

Lot Info

  • Lot Description: Partially Wooded, Waterfront, Lake
  • Lot Dimensions: 150x239
  • Estimated Lot Sq Ft: 35284
  • Estimated Lot Size Acres: 0.81

Green Features

  • Energy Efficient: Roofing

Tax Info

  • Annual Taxes: 1329.64
  • Exemptions: Geothermal, Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Westview
  • Middle School: Westview
  • School District: Westview School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 11, 2020
Sold by
Hjerpe William B and Hjerpe Kelly A
Bought by
Mercer Corey C
Seller's Agent
Susan Acree
Mike Thomas Associates
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Current Estimated Value
$491,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,188
Avg. Annual Appreciation
7.90%
Original Mortgage
$333,841
Outstanding Balance
$297,218
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$193,970
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
Mercer Corey C $337,179 Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Corey C $333,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $340,000 0.0% $159 / Sq Ft
10/21/2020 10/21/20 Price Changed $339,900 -2.9% $159 / Sq Ft
10/08/2020 10/08/20 Price Changed $349,900 -1.4% $164 / Sq Ft
09/21/2020 09/21/20 Price Changed $354,900 -2.8% $166 / Sq Ft
08/26/2020 08/26/20 Price Changed $365,000 -2.7% $171 / Sq Ft
08/04/2020 08/04/20 For Sale $375,000 -- $175 / 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 $1,839 $353,800 $58,300 $295,500
2023 $1,785 $364,900 $58,300 $306,600
2022 $1,905 $357,700 $50,700 $307,000
2021 $1,795 $321,700 $50,700 $271,000
2020 $1,350 $268,300 $50,700 $217,600
2019 $1,328 $266,100 $50,700 $215,400
2018 $1,294 $255,800 $50,700 $205,100
2017 $1,322 $254,800 $50,700 $204,100
2016 $1,296 $251,800 $50,700 $201,100
2014 $1,076 $220,900 $50,700 $170,200
2013 $1,076 $239,500 $67,500 $172,000
Source: Public Records

Agents Affiliated with this Home

  • Susan Acree

    Seller's Agent in 2020

    Susan Acree

    Mike Thomas Associates

    (260) 367-1013

    43 Total Sales

    Susan Acree
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Map

Source: Indiana Regional MLS

MLS Number: 202030552

Indiana Regional MLS

APN: 44-05-04-300-000.055-014

Indiana LaGrange County Shipshewana 46565

3385 N 980 W, Shipshewana, IN

This home is located at 3385 N 980 W, Shipshewana, IN 46565 since 04 August 2020 and is currently estimated at $491,188, approximately $229 per square foot. This property was built in 1998. 3385 N 980 W is a home located in LaGrange County with nearby schools including Meadowview Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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