NOT LISTED FOR SALE

4225 W Mallard Ct Trafalgar, IN 46181

Estimated Value: $641,000 - $1,222,000

3 Beds
3 Baths
3,725 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $1,450,000 $389 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $5,903/month

32 Days on Market

Highlights

  • Cathedral Ceiling
  • Log Cabin
  • Wood Frame Window
  • Wood Flooring
  • Double Oven
  • 2 Car Detached Garage

About This Home

As of October 2022

This 1998 log cabin home has easy water-level access to 400 feet of shoreline at magnificent Lamb Lake. Spectacular views of the main body of the lake. Private and secluded with 4 additional lots for approximately 5.5 acres of property. Great room with stone fireplace, beamed ceilings opens to wrap around deck and screened porch, providing ultimate outdoor living. Upper level loft currently used as master suite with large bath, walk-in closet and office. Additional bedrooms on main floor and walk out basement. A must see.

Last Agent to Sell the Property

Sarah Kimball

F.C. Tucker Company Listed on: 08/08/2022

F.C. Tucker Company

Co-Listed By

Priscilla Price-Johnson

F.C. Tucker Company

Last Buyer's Agent

Lisa Witsken-Gearhart

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 1998

Lot Details

  • 5.5 Acre Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Log Cabin
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Wood Frame Window
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Double Oven
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Lookout

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Septic Tank

Community Details

  • Association fees include home owners, maintenance
  • Lamb Lake Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 411027044007000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,494

Year Built

Built in 1998

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1998
  • Building Area Total: 3725
  • Co List Office Phone: 317-259-6000
  • Garage Y N: Yes
  • Lot Size Acres: 5.5
  • Subdivision Name: LAMB LAKE ESTATES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: sarah.kimball@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Double Oven, Oven
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Wood
  • Other Equipment: Security Alarm Paid, Smoke Detector, Water-Softener Owned
  • Areas Interior: Bath Sinks Double Main,Foyer Large,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2964
  • Main Level Sq Ft: 1532
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Center Island,Pantry
  • Below Grade Sq Ft: 761
  • Upper Level Sq Ft: 1432
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Concrete Perimeter
  • List Price: 1700000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Detached
  • Garage Sq Ft: 528

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Management Company Name: -
  • H O A Disclosures: Rules & Regulations

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411027044007000015
  • Acres: 5-10 Acres
  • Lot Information: Dock Owned,Lakefront,Tree Mature
  • Lot Number: 1-5
  • Lot Size: 239580

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 7494
  • Semi Annual Property Tax Amt: 3747
  • Tax Exemption: None
  • Multiple Tax I D: yes

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Oct 21, 2022
Sold by
Robert K Stoelting Revocable Trust
Bought by
Luhrs Robert G and Luhrs Tracy A
Seller's Agent
Sarah Kimball
F.C. Tucker Company
Buyer's Agent
Lisa Witsken-Gearhart
Keller Williams Indpls Metro N
List Price
$1,700,000
Sold Price
$1,450,000
Premium/Discount to List
-$250,000
-14.71%
Views
32
Current Estimated Value
$911,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$538,242
Avg. Annual Appreciation
-15.22%
Original Mortgage
$1,160,000
Outstanding Balance
$1,128,346
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$216,571
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
Luhrs Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luhrs Robert G $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $1,450,000 -14.7% $389 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,700,000 -- $456 / 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 $9,937 $695,400 $405,800 $289,600
2023 $9,841 $684,800 $405,800 $279,000
2022 $9,631 $670,300 $405,800 $264,500
2021 $7,016 $505,700 $279,300 $226,400
2020 $6,626 $505,800 $279,300 $226,500
2019 $6,550 $507,700 $279,300 $228,400
2018 $6,501 $501,000 $279,300 $221,700
2017 $6,611 $504,900 $279,300 $225,600
2016 $6,239 $507,800 $279,300 $228,500
2014 $5,741 $495,400 $279,300 $216,100
2013 $5,741 $487,100 $279,300 $207,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21875736

MIBOR Broker Listing Cooperative®

APN: 41-10-27-044-007.000-015