40 Ems B56 Ln Warsaw, IN 46582
Estimated Value: $90,000 - $220,000
2
Beds
1
Bath
576
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- 66 Feet of Waterfront
- Eat-In Kitchen
- 1-Story Property
- Lake Property
- Bungalow
- Landscaped
About This Home
As of July 2019Here’s another COMPLETELY FURNISHED lake home ready for you to walk in the front door and start enjoying lake life. This 2 bedroom, 1 bath lake front cottage is located on Big Barbee giving you access to 6 OTHER LAKES. This is a freestanding condo allowing for maintenance free ownership. The association takes care of mowing and maintenance as well providing each residence with their own pier space. The cottage has already been connected to the Lakeland Sewer District and comes with plenty of parking, a new rubber roof, and an updated kitchen! The Barbee Chain of Lakes is known for its excellent fishing with Big Barbee covering over 850 acres. Other lakes you’ll be able to access include: Little Barbee, Irish, Kuhn, Seachrist, Sawmill, and Banning. Schedule your private showing today!
Last Buyer's Agent
Toni Derry
ERA Crossroads
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $691
Year Built
- Built in 1926
Lot Details
- 0.38 Acre Lot
- 66 Feet of Waterfront
- Lake Front
- Landscaped
- Level Lot
HOA Fees
- $38 Monthly HOA Fees
Home Design
- Bungalow
- Slab Foundation
- Rolled or Hot Mop Roof
- Stucco Exterior
Interior Spaces
- 576 Sq Ft Home
- 1-Story Property
- Eat-In Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Waterski or Wakeboard
- Seawall
- Lake Property
- Lake, Pond or Stream
Schools
- North Webster Elementary School
- Wawasee Middle School
- Wawasee High School
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Private Water Source
- Shared Well
Community Details
- Barbee Villa Subdivision
Listing and Financial Details
- Assessor Parcel Number 43-08-28-100-372.000-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2020
Sold by
Dennison Terri L and Dennison Michael D
Bought by
Dennison Terri L
Total Days on Market
90
Current Estimated Value
Purchase Details
Listed on
Mar 13, 2019
Closed on
Jul 9, 2019
Sold by
Lorenz Donald P and Lorenz Tracy L
Bought by
Dennison Michael and Dennison Terri
Seller's Agent
Julie Hall
Patton Hall Real Estate
Buyer's Agent
Toni Derry
ERA Crossroads
List Price
$116,500
Sold Price
$105,000
Premium/Discount to List
-$11,500
-9.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$89,000
Outstanding Balance
$78,802
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$82,692
Similar Homes in Warsaw, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dennison Terri L | -- | None Available | |
| Dennison Michael | $105,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dennison Michael | $89,000 | |
| Previous Owner | Lorenz Donald P | $84,410 | |
| Previous Owner | Lorenz Donald P | $88,899 | |
| Previous Owner | Lorez Donld P | $89,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2019 07/09/19 | Sold | $105,000 | -9.9% | $182 / Sq Ft |
| 06/11/2019 06/11/19 | Pending | -- | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $116,500 | -- | $202 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,259 | $128,400 | $59,900 | $68,500 |
| 2023 | $1,184 | $117,600 | $54,800 | $62,800 |
| 2022 | $1,035 | $102,300 | $47,700 | $54,600 |
| 2021 | $916 | $87,600 | $42,600 | $45,000 |
| 2020 | $814 | $81,400 | $42,000 | $39,400 |
| 2019 | $795 | $80,800 | $40,400 | $40,400 |
| 2018 | $696 | $77,300 | $38,600 | $38,700 |
| 2017 | $691 | $75,200 | $38,600 | $36,600 |
| 2016 | $575 | $72,200 | $38,600 | $33,600 |
| 2014 | $634 | $72,300 | $38,600 | $33,700 |
| 2013 | $634 | $69,800 | $38,600 | $31,200 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Hall
Seller's Agent in 2019
Julie Hall
Patton Hall Real Estate
(574) 268-7645
987 Total Sales
-
T
Buyer's Agent in 2019
Toni Derry
ERA Crossroads
Map
Source: Indiana Regional MLS
MLS Number: 201908795
APN: 43-08-28-100-372.000-023
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