NOT LISTED FOR SALE

4298 S Lakeshore Dr Mentone, IN 46539

Estimated Value: $166,000 - $195,000

2 Beds
1.5 Baths
1,208 Sq Ft
5,227 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $150,000 $124 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,136/month

2 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of October 2022

Fully remodeled, cozy cottage on Palestine Lakefront that can be used year round. Remodeled in 2016 including kitchen, flooring, cabinets and counters. Recent updates include metal roof, new siding, windows, composite decking, pavers leading to the home, retaining wall, and rebuild of lakeside deck! Large living room with double height ceilings that opens to the family room, dining area overlooking the lake, and a wood burning stove for chilly nights. Great views from the Second level loft offers a large master suite with half bath and walk in closet area. Property has 60 feet of lakefront with concrete seawall; pier is included. Excellent year round fishing and relaxation await.

Last Agent to Sell the Property

The Mark Skibowski Team

Re/Max Lakes Listed on: 10/10/2022

Re/Max Lakes

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1969

Lot Details

  • 60 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Loft
  • Cabin
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,208 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Separate Shower

Outdoor Features

  • Sun Deck
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Mentone Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Central Air
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-14-02-400-209.000-021

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,221

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1969
  • Age: 53
  • Style: One and Half Story
  • Architectural Style: Lofted, Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 025-006-013 LOT 15 BLK 14 OAK GROVE BEACH UNIT 3 |
  • Parcel Number ID: 43-14-02-400-209.000-021
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Ceilings-Vaulted, Countertops-Laminate, Deck Open, Deck on Waterfront, Landscaped, Open Floor Plan, Stand Up Shower
  • Grid: 35 - S.W. Kosc. Water
  • Location: Lake, Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1208
  • Total Finished Sq Ft: 1208
  • Above Grade Finished Sq Ft: 1208
  • Price Per Sq Ft: 124.17
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 12x17, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 13x10, On Level: Main
  • Extra Room: Half Bath, Dimensions: 8x10, On Level: Upper
  • Bedroom 1: Dimensions: 9x15, On Level: Upper
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Other Room1: Bath, Dimensions: 6x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 10x12
  • Lake Type: Non Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 60
  • Water Name: Palestine Lake

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Mentone
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Mentone

Lot Info

  • Lot Description: Slope, Waterfront, 0-2.9999, Lake
  • Lot Dimensions: 60X118
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 15

Tax Info

  • Annual Taxes: 1221

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 31, 2022
Sold by
Trader Gerald E
Bought by
Mueller Jennifer J and Mueller Klaus D
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$150,000
Sold Price
$150,000
Views
5
Current Estimated Value
$183,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,337
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Jun 1, 2016
Closed on
Sep 8, 2016
Sold by
Horvath Michael and Horvath Jacqueline
Bought by
Trader Gerald E
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$50,050
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2007
Sold by
Cartus Financial Corp
Bought by
Rees David Thomas and Rees Belinda Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2006
Sold by
Lucas Thomas A
Bought by
Cartus Financial Corp

Purchase Details

Closed on
Apr 24, 2000
Sold by
Morgan Thomas L and Morgan Elsie M
Bought by
Lucas Thomas A
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
Mueller Jennifer J -- None Listed On Document
Trader Gerald E -- Centurion Land Title Inc
Rees David Thomas -- None Available
Cartus Financial Corp -- None Available
Lucas Thomas A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trader Gerald E $50,050
Previous Owner Rees David Thomas $49,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $150,000 0.0% $124 / Sq Ft
10/10/2022 10/10/22 For Sale $150,000 +100.0% $124 / Sq Ft
09/08/2016 09/08/16 Sold $75,000 -6.1% $62 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $79,900 -- $66 / 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 $1,969 $162,800 $20,400 $142,400
2023 $1,866 $150,100 $18,800 $131,300
2022 $1,260 $97,700 $16,700 $81,000
2021 $1,220 $88,200 $16,700 $71,500
2020 $1,147 $81,500 $16,700 $64,800
2019 $1,053 $77,600 $15,900 $61,700
2018 $957 $70,900 $14,200 $56,700
2017 $873 $68,300 $14,200 $54,100
2016 $851 $68,300 $14,200 $54,100
2014 $928 $72,700 $14,200 $58,500
2013 $928 $70,600 $14,200 $56,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202242112

Indiana Regional MLS

APN: 43-14-02-400-209.000-021