NOT LISTED FOR SALE

407 Peninsula Dr Unit B3 Shelbyville, IN 46176

Estimated Value: $247,008 - $403,000

2 Beds
2 Baths
1,408 Sq Ft
$225/mo HOA Fee

Last Sold April 17, 2014

Last sale price $157,900 $112 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,009/month

8 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Mature Trees
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2014

Rare find in The Peninsulas! First condo on the market in quite some time in this neighborhood! Enjoy maintenance free living and all that the serenity of the lake offers. This 2bd/2ba home features soaring ceilings, hardwoods, beautiful sunroom and windows galore overlooking the water. Not to mention separate deck, large pantry, att 2 car garage, and geothermal heating and cooling. Don't miss out on this opportunity, as this home won't last!

Last Agent to Sell the Property

Russ Lawrence

F.C. Tucker Company License #RB14042773 Listed on: 03/07/2014

F.C. Tucker Company

Co-Listed By

David Johnson

F.C. Tucker Company License #AB21400620

Last Buyer's Agent

Kamara Sullivan

C & S Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Mature Trees

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Window Screens
  • Entrance Foyer
  • Family or Dining Combination
  • Pull Down Stairs to Attic
  • Security System Leased

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Geothermal Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 731108100205006002

Community Details

Overview

  • Association fees include home owners, insurance, lawncare, ground maintenance, maintenance structure, management, snow removal
  • Peninsula Condo Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,064

Year Built

Built in 1987

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1987
  • Building Area Total: 1408
  • Garage Y N: Yes
  • Subdivision Name: Peninsula Condo
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: Russ@RussLawrence.com
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Screens Complete, Walk-in Closet(s), WoodWorkStain/Painted, Breakfast Bar, Entrance Foyer, Hi-Speed Internet Availbl
  • Living Area: 1408
  • Main Level Bedrooms: 2
  • Other Equipment: Security Alarm Rented, Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1408
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1408

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 159900
  • Patio And Porch Features: Deck Main Level
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Geothermal
  • Heating: Geothermal, Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Management, Snow Removal

Lot Info

  • Lot Features: Cul-De-Sac, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 731108100205006002
  • Acres: CndHPRCoop

Tax Info

  • Tax Annual Amount: 1064
  • Tax Lot: B
  • Semi Annual Property Tax Amt: 532
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 17, 2014
Sold by
Riddle Sharon and Barbara Schutz Revocable Trust
Bought by
Erickson Gregg E and Erickson Diane M
Seller's Agent
Russ Lawrence
F.C. Tucker Company
Buyer's Agent
Kamara Sullivan
C & S Real Estate, Inc.
List Price
$159,900
Sold Price
$157,900
Premium/Discount to List
-$2,000
-1.25%
Current Estimated Value
$313,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,102
Avg. Annual Appreciation
6.11%
Original Mortgage
$150,005
Outstanding Balance
$113,903
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$199,099
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
Erickson Gregg E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Gregg E $150,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $157,900 -1.3% $112 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $159,900 -- $114 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,708 $212,100 $0 $212,100
2023 $1,644 $204,500 $0 $204,500
2022 $1,692 $200,800 $0 $200,800
2021 $1,627 $162,700 $0 $162,700
2020 $1,559 $156,100 $0 $156,100
2019 $1,482 $150,500 $0 $150,500
2018 $1,308 $138,200 $0 $138,200
2017 $1,310 $138,400 $0 $138,400
2016 $1,344 $134,400 $0 $134,400
2014 $1,106 $129,700 $0 $129,700
2013 $1,106 $129,700 $0 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21277967

MIBOR Broker Listing Cooperative®

APN: 73-11-08-100-205.006-002