NOT LISTED FOR SALE

398 S 50 W Albion, IN 46701

Estimated Value: $379,000 - $771,153

4 Beds
2.5 Baths
2,416 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $383,000 $159 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,406/month

35 Days on Market

Highlights

  • 600 Feet of Waterfront
  • 33.6 Acre Lot
  • Wooded Lot
  • Primary Bedroom Suite
  • Lake Property
  • Ranch Style House

About This Home

As of August 2018

This property contains 33.6 ac of rolling privacy with dozens of sugar and red maples producing sensational fall colors. The all brick and stone 2400 square foot ranch sits on an open full walkout basement. A 30x60 steel on concrete pole barn with 50 amp service. The home sits nearly 1000 feet of the road on a private lake. It is a beautiful property. House sits on a private lake called Miller Lake. House is partially remodeled and is being sold as is.

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty, Inc. Listed on: 07/01/2018

Last Buyer's Agent

Neal Sherk

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,437

Year Built

  • Built in 1987

Lot Details

  • 33.6 Acre Lot
  • 600 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Ceiling height of 9 feet or more
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Albion Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 57-19-01-400-002.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,437

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1987
  • Age: 31
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT S 1/2 NW 1/4 SEC 1 33.60A |
  • Parcel Number ID: 57-19-01-400-002.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling-9+, Main Level Bedroom Suite
  • Location: Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4832
  • Total Finished Sq Ft: 2416
  • Above Grade Finished Sq Ft: 2416
  • Below Grade Sq Ft: 2416
  • Price Per Sq Ft: 158.53
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x18, On Level: Main
  • Kitchen: Dimensions: 11x15, On Level: Main
  • Dining Room: Dimensions: 16x11, On Level: Main
  • Family Room: Dimensions: 23x23, On Level: Main
  • Recreation Room: Dimensions: 17x22, On Level: Basement
  • Extra Room: Office, Dimensions: 9x9, On Level: Basement
  • Bedroom 1: Dimensions: 12x21, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Bedroom 4: Dimensions: 9x11, On Level: Main
  • Other Room1: Storage, Dimensions: 17x22, On Level: Basement
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2416

Exterior Features

  • Exterior: Brick, Stone
  • Outbuilding1: Pole/Post Building, Dimensions: 30x60, 1800
  • Water Frontage: 600
  • Water Name: Millers Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

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

Schools

  • School District: Central Noble Community
  • Elementary School: Albion
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Albion

Lot Info

  • Lot Description: 15+, Lake, Wooded
  • Lot Dimensions: Irreg
  • Estimated Lot Sq Ft: 1463616
  • Estimated Lot Size Acres: 33.6

Tax Info

  • Annual Taxes: 1437
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 24, 2018
Sold by
Eric Brugh
Bought by
Sutton Nicholas B
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Neal Sherk
North Eastern Group Realty
List Price
$460,000
Sold Price
$383,000
Premium/Discount to List
-$77,000
-16.74%
Current Estimated Value
$575,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,051
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Aug 29, 2014
Sold by
John A Smith
Bought by
Eric Brugh
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
Sutton Nicholas B -- Attorney Only
Eric Brugh $437,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $383,000 0.0% $159 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/31/2018 07/31/18 Price Changed $383,000 -16.7% $159 / Sq Ft
07/01/2018 07/01/18 For Sale $460,000 -- $190 / 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 $4,281 $628,900 $143,300 $485,600
2023 $4,382 $614,500 $136,700 $477,800
2022 $4,516 $606,300 $134,900 $471,400
2021 $3,540 $520,400 $116,900 $403,500
2020 $3,203 $426,600 $100,200 $326,400
2019 $2,438 $286,300 $101,500 $184,800
2018 $1,990 $267,400 $100,700 $166,700
2017 $1,437 $226,100 $63,900 $162,200
2016 $1,479 $242,600 $64,600 $178,000
2014 $1,630 $280,500 $75,200 $205,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Waters

    Mentor Listing Realty, Inc.

    (214) 924-0450

    93 Total Sales

    Brian Waters
    Section Image
  • Neal Sherk

    Buyer's Agent in 2018

    Neal Sherk

    North Eastern Group Realty

    (260) 341-0714

    80 Total Sales

    Neal Sherk
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201828655

Indiana Regional MLS

APN: 571901400002000009

Indiana Noble County Albion 46701

398 S 50 W, Albion, IN

This home is located at 398 S 50 W, Albion, IN 46701 since 01 July 2018 and is currently estimated at $575,051, approximately $238 per square foot. This property was built in 1987. 398 S 50 W is a home located in Noble County with nearby schools including Central Noble Jr. - Sr. 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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