NOT LISTED FOR SALE

40 Ems B74 Ln Warsaw, IN 46582

Estimated Value: $116,000 - $203,074

2 Beds
1 Bath
575 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $195,000 $339 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,061/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Lake Property
  • Water Views
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of June 2023

Don't miss out on this fully renovated, impeccably decorated 2bed/1bath seasonal cottage with easement access to Little Barbee Lake! Enjoy dining outdoors on the cement patio that is just steps away from the association easement access and brand new community pier, this property really has so much to offer! With BRAND NEW everything (luxury vinyl plank flooring, 200amp electrical, plumbing, roof, on-demand water heater, kitchen cabinetry, doors/locks, 2 window A/C units) this place is being sold partially furnished and is truly MOVE-IN READY! The open concept floor plan makes this efficient and cozy space great for small gatherings and spending quality time with the family. The beautiful bathroom has been completely redone and offers a stand up shower, tankless water heater, new tile flooring and vanity. You even have a ventless, stackable washer/dryer combo, great for drying your beach towels after a day on the lake. Cottage is fully insulated and does have a gas line run for easy installation of a heating unit to make this a year-round residence. 2 inch well was redone just 3 years ago. Pier space belonging to property is the 2nd finger on the right when standing on shoreline facing the community pier ($100 renewal fee/yr). Property would make a great VRBO! Barbee Chain of Lakes is a chain of lakes that offer recreational enjoyment from skiing on a couple of the lakes to fishing and floating on the rest of the lakes! Great Area for enjoying lake life. (please note - photos reflect old dock- association is replacing dock and is in process of doing so currently)

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Listed on: 05/09/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Justin Woods

F.C. Tucker Fort Wayne

F.C. Tucker Fort Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 65x55
  • Backs to Open Ground
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Cabin
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 575 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling Fan
  • Double Pane Windows
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 43-08-28-100-053.000-023

Community Details

Overview

  • $8 Other Monthly Fees

Recreation

  • Pier or Dock
  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1930

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 93
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 005-109-324 Lot 17 Jamisons Add to Lakeview Park
  • Parcel Number ID: 43-08-28-100-053.000-023
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Open Floor Plan, Patio Open, Range/Oven Hook Up Gas, Stand Up Shower, Main Floor Laundry, Washer Hook-Up
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Road Surface: Gravel
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 575
  • Total Finished Sq Ft: 575
  • Above Grade Finished Sq Ft: 575
  • Price Per Sq Ft: 339.13
  • Basement Foundation: Crawl
  • Flooring: Tile, Vinyl
  • Living Great Room: Dimensions: 16x8, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 8x8, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 12x10
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock, Walk to Lake Access, Assoc, Deeded
  • Water Name: Little Barbee Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Water Type: Lake
  • Well Size: 2 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 150
  • Association Fees Frequency: Annually
  • Other Fee Description: Pier space renewal
  • Other Fees Dollar: 100

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Description: Level, Flood Plain, 0-2.9999, Lake, Water View
  • Lot Dimensions: 65x55
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Green Features

  • Energy Efficient: Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 672.78
  • Exemptions: Mortgage

Multi Family

  • Water Access: Easement/Other

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 16, 2023
Sold by
Slick Sherry L and Slick Thomas B
Bought by
Delarosa Reginaldo and Delarosa Elizabeth Ivette
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Justin Woods
F.C. Tucker Fort Wayne
List Price
$195,000
Sold Price
$195,000
Total Days on Market
2
Views
46
Current Estimated Value
$172,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,981
Avg. Annual Appreciation
-6.14%
Original Mortgage
$146,250
Outstanding Balance
$134,371
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$37,648

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 14, 2021
Sold by
Mckinney Terry
Bought by
Slick Sherry L and Slick Thomas B
Seller's Agent
Theresa Taylor
Trump Realty, LLC
Buyer's Agent
Theresa Taylor
Trump Realty, LLC
List Price
$64,900
Sold Price
$65,000
Premium/Discount to List
$100
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.16%
Original Mortgage
$51,920
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1999
Sold by
Terry Mckinney
Bought by
Rockenbaugh Sara E

Purchase Details

Closed on
Aug 7, 1997
Sold by
Shawn Mckinley
Bought by
Not Provided
Source: Public Records

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Range of Values:

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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
Delarosa Reginaldo $195,000 None Listed On Document
Slick Sherry L -- First American Mortgage Sln
Rockenbaugh Sara E -- --
Not Provided $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delarosa Reginaldo $146,250
Previous Owner Slick Sherry L $51,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $195,000 0.0% $339 / Sq Ft
05/09/2023 05/09/23 For Sale $195,000 +200.0% $339 / Sq Ft
05/14/2021 05/14/21 Sold $65,000 +0.2% $113 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $64,900 -- $113 / 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 $1,030 $105,000 $17,600 $87,400
2023 $746 $74,100 $17,600 $56,500
2022 $673 $66,500 $17,600 $48,900
2021 $453 $46,300 $15,000 $31,300
2020 $405 $43,500 $13,800 $29,700
2019 $386 $42,200 $13,800 $28,400
2018 $341 $40,900 $13,800 $27,100
2017 $336 $39,600 $13,800 $25,800
2016 $278 $37,900 $13,800 $24,100
2014 $296 $36,800 $13,800 $23,000
2013 $296 $36,500 $13,800 $22,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202314865

Indiana Regional MLS

APN: 43-08-28-100-053.000-023