NOT LISTED FOR SALE

340 Ln 221b Hamilton Lake Hamilton, IN 46742

Estimated Value: $513,000 - $800,000

4 Beds
3.5 Baths
2,337 Sq Ft
$288/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $530,000 $227 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,986/month

5 Days on Market

Highlights

  • 42 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Traditional Architecture

About This Home

As of August 2020

Breathtakingly beautiful LAKEFRONT YEAR-ROUND HOME on ALL SPORT Hamilton Lake overlooking Fee bay! Room for everyone in this 4 Bed/3.5 Bath move-in-ready home. Open concept design features 1st and 2nd level Living areas, 1st and 2nd level Master Suites, LL Covered Deck, New Furnace/HVAC W/ Dual Zone electronic heating. Gorgeous LL Chef’s kitchen area with Beautiful granite counter tops, ample custom cabinets, stylish tile back splash,and all new stainless steel appliances. Separate dining area perfect for indoor gatherings. Walkout to massive covered deck and relax with gorgeous panorama views of the lake. MAIN FLOOR boasts LvRm with cathedral ceilings and full wall of windows to take in more beautiful scenery. Main level features guest Bedrm and 2nd smaller Master Bedrm suite. with separate bath. 1st staircase to UP level features 3rd Bedrm/game rm, w/in closet and built-in storage. 2nd staircase to separate UP level features even Larger Mst Bedrm boasting floor to ceiling windows, W/in Closet and triple gorgeous lake views. UP level M.Bath showcases exquisite walk-in tile shower boasting high end shower assembly, dual vanities, and views of 2 separate lake bays. Tons of walk-in closets/storage spaces. Large 2 car garage with 2 service doors and storage closet. Additional 8 car parking space in attached driveway. Outdoor seating includes LL Covered Porch/deck area as well as mid level deck seating and also lake level concrete pad for seating. Concrete seawall is deep and has plenty of space to walk. Built in storage for lake toys under deck. 30’ Dock and speaker wiring stays. Indoor furnishings stay with home with great offer. Spectacular panoramic views. Clear sandy bottom for swimming. WON'T LAST LONG!!

Last Agent to Sell the Property

Laura Brune

CENTURY 21 Bradley Realty, Inc Listed on: 06/28/2020

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Craig Walker

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1991

Lot Details

  • 5,780 Sq Ft Lot
  • Lot Dimensions are 87x100x41x108
  • 42 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Sloped Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Schools

  • Hamilton Elementary School
  • Hamilton Middle School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 76-10-28-340-208.000-010

Community Details

Overview

  • Penn Park Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,648

Year Built

Built in 1991

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1991
  • Age: 29
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 036-01359-01 PENN PARK LOT 16 & 036-01352-00 PENN PARK LOT 17
  • Parcel Number ID: 76-10-28-340-208.000-010
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Deck Covered, Dryer Hook Up Electric, Eat-In Kitchen, Landscaped, Natural Woodwork, Open Floor Plan, Range/Oven Hook Up Elec, Skylight(s), Main Level Bedroom Suite, Custom Cabinetry
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Sp Lp Percent: 100.02
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2337
  • Total Finished Sq Ft: 2337
  • Above Grade Finished Sq Ft: 1493
  • Below Grade Finished Sq Ft: 844
  • Price Per Sq Ft: 354.99
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile, Hardwood Floors
  • Living Great Room: Dimensions: 21x13, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Lower
  • Dining Room: Dimensions: 11x13, On Level: Lower
  • Family Room: Dimensions: 21x14, On Level: Lower
  • Bedroom 1: Dimensions: 16x14, On Level: Upper
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 11x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 844

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 42
  • Water Name: Hamilton Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x20
  • Garage Sq Ft: 460
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees: 50
  • Association Fees Frequency: Annually

Schools

  • School District: Hamilton Community
  • Elementary School: Hamilton
  • Middle School: Hamilton Middle
  • High School: Hamilton
  • Elementary School: Hamilton

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 87x100x41x108
  • Estimated Lot Sq Ft: 5780
  • Estimated Lot Size Acres: 0.1327

Tax Info

  • Annual Taxes: 1648
  • Exemptions: Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Hamilton
  • Middle School: Hamilton Middle
  • School District: Hamilton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Aug 13, 2020
Sold by
Elking Andy and Elking Meredith
Bought by
Monroe Matthew P and Monroe Angela L
Seller's Agent
Laura Brune
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Craig Walker
Coldwell Banker Real Estate Group
List Price
$529,900
Sold Price
$530,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$671,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,651
Avg. Annual Appreciation
3.97%
Original Mortgage
$424,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2018
Sold by
Greve Richard L
Bought by
Andy Elking

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Monroe Matthew P -- Fidelity National Ttl Co Llc
Andy Elking $450,000 --
Elking Andy $450,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monroe Matthew P $424,000
Previous Owner Elking Andy $342,900
Previous Owner Elking Andy $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $530,000 0.0% $227 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $529,900 -- $227 / 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 $3,655 $533,000 $132,100 $400,900
2023 $3,243 $480,500 $117,900 $362,600
2022 $3,336 $469,200 $117,900 $351,300
2021 $3,579 $442,000 $109,200 $332,800
2020 $2,822 $354,400 $99,300 $255,100
2019 $5,214 $354,400 $99,300 $255,100
2018 $4,333 $275,600 $103,400 $172,200
2017 $3,255 $216,200 $103,400 $112,800
2016 $3,584 $229,500 $112,400 $117,100
2014 $3,264 $225,200 $112,400 $112,800
2013 $3,264 $220,000 $112,400 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202024443

Indiana Regional MLS

APN: 76-10-28-340-208.000-010