NOT LISTED FOR SALE

4240 W 700 N-90 Markle, IN 46770

Estimated Value: $439,000 - $573,428

4 Beds
2 Baths
3,661 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $393,750 $108 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,958/month

26 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Geothermal Heating and Cooling
  • Lake, Pond or Stream
  • 2 Car Detached Garage

About This Home

As of September 2019

Some people take a vacation to relax somewhere with a better view -- this 8.61 Acre home has that view, and more! Rich in history, Sugar Bend Farm is nestled next to the available 13 Acres of woods with a beautiful pond. The craftsmanship inside this home is amazing with rough sawn cedar walls and beams that have been hand sanded and finished under the supervision of Jim Mossburg. Walk in to a very open layout, with a kitchen that includes a built in butcher table with benches, custom Penville cabinets, granite countertops, a Wolf 48" duel fuel range fit with Wolf hood vent with heat lamps, 2 Kenmore Elite dishwashers, 2 kitchen faucets, a tile backsplash, an appliance garage, an additional pantry, and a bar sink. The great room has a galvanized tin ceiling, recessed lighting, 3/4 oak hand-scraped hardwood, a wood-burning 4000BTU fireplace with original barn beam mantel and a woodbox accessible from the outside. You can easily get to the backyard through 2 16' sliding doors that open out onto a large covered patio framed with wood beams and stone pillars. Evenings can be spent entertaining guests on this patio overlooking the large pond. The master bedroom has its' own sliding door to the outdoors, 2 closets (one walk-in,) an attached master bath with double vanity, jetted tub, medicine cabinets, and heated tile floor. Upstairs in the home, you'll find 3 bedrooms, on the main floor you will fine a pool table room, and a den! On the ground level is a huge laundry room with built-in storage for baskets, utility sink, and coat storage as well as an oversized two car garage, large (approx. 40x60) open space barn with incredible storage, and a separate mancave, heated garage with a half bath with an exterior router to ensure wifi gets to the mancave.

Last Listed By

Brad Noll

Noll Team Real Estate Listed on: 06/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1900

Lot Details

  • 8.61 Acre Lot
  • Lot Dimensions are 388x485
  • Waterfront
  • Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,661 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Lancaster Central Elementary School
  • Norwell Middle School
  • Norwell High School

Utilities

  • Geothermal Heating and Cooling
  • Well
  • Community Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 90-03-32-100-003.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,521

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Age: 119
  • Style: One and Half Story
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 32-28-118.61A MID PT N/2 NE
  • Parcel Number ID: 90-03-32-100-003.000-019
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 98.56
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3661
  • Total Finished Sq Ft: 3661
  • Above Grade Finished Sq Ft: 3661
  • Price Per Sq Ft: 107.55
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 39x35, On Level: Main
  • Kitchen: Dimensions: 24x15, On Level: Main
  • Dining Room: Dimensions: 17x15, On Level: Main
  • Den: Dimensions: 15x11, On Level: Main
  • Bedroom 1: Dimensions: 15x18, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 9x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 29x27
  • Garage Sq Ft: 783
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx9, On Level: 14
  • Water Type: Pond
  • Well Type: Community

Schools

  • School District: Northern Wells Community
  • Elementary School: Lancaster Central
  • Middle School: Norwell
  • High School: Norwell
  • Elementary School: Lancaster Central

Lot Info

  • Lot Description: Waterfront, Wooded
  • Lot Dimensions: 388x485
  • Estimated Lot Sq Ft: 375052
  • Estimated Lot Size Acres: 8.61

Tax Info

  • Annual Taxes: 1521
  • Total Assessed Value: 258000

MLS Schools

  • High School: Norwell
  • Middle School: Norwell
  • School District: Northern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Sep 9, 2019
Sold by
King Richard K and King Terra E
Bought by
Eisaman Christina L
Seller's Agent
Brad Noll
Noll Team Real Estate
Buyer's Agent
Christopher Stockamp
Investors Property Management
List Price
$399,500
Sold Price
$393,750
Premium/Discount to List
-$5,750
-1.44%
Total Days on Market
26
Current Estimated Value
$484,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,107
Avg. Annual Appreciation
3.75%
Original Mortgage
$268,250
Outstanding Balance
$237,517
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$247,340

Purchase Details

Closed on
Mar 2, 2011
Sold by
Geiger Chris A
Bought by
King Terra E

Purchase Details

Closed on
May 22, 2003
Sold by
Terra King
Bought by
King Richard K and King Terra E

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
Eisaman Christina L -- None Available
King Terra E -- None Available
King Richard K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisaman Christina L $268,250
Closed Eisaman Christina L $268,250
Previous Owner King Richard K $174,000
Previous Owner King Richard K $55,000
Previous Owner King Richard K $144,000
Previous Owner King Richard K $144,000
Previous Owner King Richard K $135,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $393,750 -1.4% $108 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $399,500 0.0% $109 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $399,500 -- $109 / 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 $3,244 $457,200 $114,700 $342,500
2023 $3,272 $466,500 $101,700 $364,800
2022 $2,818 $395,300 $86,100 $309,200
2021 $2,605 $369,500 $86,100 $283,400
2020 $2,175 $338,800 $86,100 $252,700
2019 $1,803 $306,300 $86,100 $220,200
2018 $1,544 $270,700 $66,300 $204,400
2017 $1,266 $258,000 $66,300 $191,700
2016 $1,146 $242,500 $59,900 $182,600
2014 $1,220 $238,100 $62,300 $175,800
2013 $1,148 $233,500 $59,900 $173,600
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201926536

Indiana Regional MLS

APN: 90-03-32-100-003.000-019