NOT LISTED FOR SALE

4225 W 500 S Albion, IN 46701

Estimated Value: $186,000 - $287,000

2 Beds
1 Bath
1,260 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $88,000 $70 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,470/month

132 Days on Market

Highlights

  • 44 Feet of Waterfront
  • Private Beach
  • Ranch Style House
  • Pier or Dock
  • Lake Property
  • Whirlpool Bathtub

About This Home

As of August 2017

Lakefront year round home on Big Lake. Skiing permitted between 1-4 pm daily allowing for tranquil mornings and evenings with quiet time on the lake. This 2 bedroom ranch with den could potentially serve as a 3rd bedroom. 41 ft of lake frontage plus pier, swim beach and shed. This is a rare opportunity for a year round lakefront home for under $100,000. Possession at closing in time for summer fun.

Last Agent to Sell the Property

Greg Fahl

Orizon Real Estate, Inc. Listed on: 03/19/2017

Last Buyer's Agent

Dennis Gaskill

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1960

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Dimensions are 45x118
  • 44 Feet of Waterfront
  • Private Beach
  • Chain Link Fence
  • Landscaped
  • Level Lot

Parking

  • Stone Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Propane
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 57-19-29-200-031.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,624

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 57
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SE1/4 SE1/4 SEC29 .13A (TENANTS BY THE ENTIRETIES)
  • Parcel Number ID: 57-19-29-200-031.000-009
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Ceiling Fan(s), Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Foyer Entry, Jet Tub, Landscaped, Natural Woodwork, Patio Open, Range/Oven Hook Up Elec, Six Panel Doors, Storm Doors, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Cross Street: SR 109
  • Location: Lake
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 29
  • Sp Lp Percent: 89.89
  • Special Features: None

Interior Features

  • Total Sq Ft: 1260
  • Total Finished Sq Ft: 1260
  • Above Grade Finished Sq Ft: 1260
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 18x21, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Den: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 10x14, On Level: Main
  • Main Level Sq Ft: 1260
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Rubber, Shingle
  • Outbuilding1: Shed, Dimensions: 10x10, 100
  • Fence: Chain Link
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 44
  • Water Name: Big Lake

Garage/Parking

  • Driveway: Stone

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: REMC
  • Cable Company: DirectTV, Dish Network
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: 7xMain, On Level: 8
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees Frequency: Optional
  • Other Fee Description: Ditch Assessment
  • Other Fees Dollar: 15

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Lake, Waterfront-Level Bank
  • Lot Dimensions: 45x118
  • Estimated Lot Sq Ft: 5662
  • Estimated Lot Size Acres: 0.13
  • Zoning: R1 - Single Family Residential

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 1624.32
  • Exemptions: Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2017
Closed on
Aug 14, 2017
Sold by
Lewark Gregory P and Lewark Kimberly A
Bought by
Macke Brian L
Seller's Agent
Greg Fahl
Orizon Real Estate, Inc.
Buyer's Agent
Dennis Gaskill
CENTURY 21 Bradley Realty, Inc
List Price
$99,800
Sold Price
$88,000
Premium/Discount to List
-$11,800
-11.82%
Current Estimated Value
$236,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,021
Avg. Annual Appreciation
12.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macke Brian L -- Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $88,000 -11.8% $70 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
03/19/2017 03/19/17 For Sale $99,800 -- $79 / 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 $1,995 $152,300 $51,500 $100,800
2023 $1,995 $153,200 $55,000 $98,200
2022 $2,067 $150,800 $55,000 $95,800
2021 $1,737 $132,800 $52,800 $80,000
2020 $1,888 $123,800 $48,400 $75,400
2019 $1,662 $112,700 $44,000 $68,700
2018 $1,676 $112,700 $44,000 $68,700
2017 $1,688 $116,000 $44,000 $72,000
2016 $1,606 $113,900 $44,000 $69,900
2014 $1,069 $83,300 $33,300 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Greg Fahl

    Seller's Agent in 2017

    Greg Fahl

    Orizon Real Estate, Inc.

    (260) 609-2503

    299 Total Sales

    Section Image

  • D

    Buyer's Agent in 2017

    Dennis Gaskill

    CENTURY 21 Bradley Realty, Inc

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201711271

Indiana Regional MLS

APN: 571929200031000009

Indiana Noble County Albion 46701

4225 W 500 S, Albion, IN

This home is located at 4225 W 500 S, Albion, IN 46701 since 19 March 2017 and is currently estimated at $239,536, approximately $190 per square foot. This property was built in 1960. 4225 W 500 S is a home located in Noble County with nearby schools including Central Noble Jr. - Sr. High School and Cornerstone Christian 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.

Nearby Homes