NOT LISTED FOR SALE

3449 SW Indian Trail Lake Rd Farmland, IN 47340

Estimated Value: $229,683 - $306,000

2 Beds
2 Baths
1,536 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $144,500 $94 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,604/month

114 Days on Market

Highlights

  • 376 Feet of Waterfront
  • Lake Property
  • Cathedral Ceiling
  • Pier or Dock
  • Traditional Architecture
  • Wood Flooring

About This Home

As of January 2019

Here is your chance to own a property on the water in the exclusive Indian Trail Lake Community! This unique 2 bed/2 bath home is situated just steps from the water and offers a screened porch and balcony deck. All of these amenities can be found on the south side of the lake on the property's over 1/2 acre with a great views of the water, personal dock, flower garden, and mature trees. It's the only property available so get here fast!

Last Agent to Sell the Property

Andrew Wagner

Wagner Auctioneering and Real Estate Listed on: 07/18/2018

Last Buyer's Agent

Curtis Cunningham

Wagner Auctioneering and Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1974

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 376x63
  • 376 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Rural Setting

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Screened Porch

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Union Elementary And Middle School
  • Union High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 68-14-08-241-053.000-011

Community Details

Overview

  • Indian Trail Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

Built in 1974

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1974
  • Age: 44
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Indian Trail Lots 47-48 |
  • Parcel Number ID: 68-14-08-241-053.000-011
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Deck Open, Porch Screened
  • Location: Lake, Rural Subdivision
  • Sp Lp Percent: 87.63
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 960
  • Below Grade Finished Sq Ft: 576
  • Price Per Sq Ft: 150.52
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Fireplace: Family Rm, Gas Log
  • Flooring: Carpet, Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 23x11, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 22x14, On Level: Lower
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 13x8, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 576

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 16x12
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 376
  • Water Name: Indian Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x16
  • Garage Sq Ft: 384
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 400
  • Association Fees Frequency: Annually

Schools

  • School District: Union School Corp.
  • Elementary School: Union
  • Middle School: Union
  • High School: Union
  • Elementary School: Union

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 376x63
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54

Tax Info

  • Annual Taxes: 877.92
  • Exemptions: Homestead, Supplemental, Vet

Multi Family

  • Water Access: Bayfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jan 11, 2019
Sold by
Spangler Phyllis J and Shockley Diana M
Bought by
Fluharty Keith and Fluharty Linda
Seller's Agent
Andrew Wagner
Wagner Auctioneering and Real Estate
Buyer's Agent
Curtis Cunningham
Wagner Auctioneering and Real Estate
List Price
$174,900
Sold Price
$144,500
Premium/Discount to List
-$30,400
-17.38%
Current Estimated Value
$255,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,921
Avg. Annual Appreciation
7.75%
Original Mortgage
$75,000
Outstanding Balance
$66,562
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$172,103

Purchase Details

Closed on
Oct 8, 2018
Sold by
Spangler Phyllis J
Bought by
Shockley Diana M and Shockley Douglas

Purchase Details

Closed on
Jun 26, 2018
Sold by
Spangler Charles W
Bought by
Spangler Phyllis J

Purchase Details

Closed on
May 4, 2010
Sold by
Shannon Andrew T
Bought by
Spangler Phyllis J and Spangler Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.05%
Mortgage Type
Credit Line Revolving
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
Fluharty Keith -- None Available
Shockley Diana M -- None Available
Spangler Phyllis J -- None Available
Spangler Phyllis J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fluharty Keith $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $144,500 -12.4% $94 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $164,900 -5.7% $107 / Sq Ft
07/18/2018 07/18/18 For Sale $174,900 -- $114 / 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 $2,606 $202,400 $44,500 $157,900
2023 $2,756 $215,100 $44,500 $170,600
2022 $2,748 $204,300 $44,500 $159,800
2021 $2,613 $184,100 $50,900 $133,200
2020 $2,772 $201,700 $50,900 $150,800
2019 $1,346 $195,500 $50,900 $144,600
2018 $980 $195,500 $50,900 $144,600
2017 $878 $186,300 $50,900 $135,400
2016 $678 $186,400 $50,900 $135,500
2014 $589 $185,000 $50,900 $134,100
2013 $589 $180,400 $50,900 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201831737

Indiana Regional MLS

APN: 68-14-08-241-053.000-011