NOT LISTED FOR SALE

4555 W East Dr Albion, IN 46701

Estimated Value: $110,000 - $141,000

1 Bed
1 Bath
540 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $40,000 $74 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $725/month

30 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Wood Flooring
  • Public Beach
  • Lake Property
  • 1-Story Property

About This Home

As of September 2021

Come see this cozy cottage on Bear Lake. This home offers all new electrical, pex pipe and water heater. Carport can be used for parking or for your family gatherings. Just a 2 minute walk to public access/community park with basketball and sand volleyball court. The shed is 10X10 for storing all your lake equipment. You could also easily add a heating unit. All window AC's stay with the property. The firepit can be used for those fun family gatherings. A pier may be added to your side of the lake and at least 15ft from other piers. CASH or STRONG conventional loans only.

Last Agent to Sell the Property

Nick Cochran

Minear Real Estate Listed on: 08/11/2021

Co-Listed By

Atalie Honaker

The LT Group Real Estate

Last Buyer's Agent

Shawn Smiley

Trueblood Real Estate, LLC.

Trueblood Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $410

Year Built

  • Built in 1940

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 77 x 77
  • Public Beach
  • Level Lot

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Cabin
  • Shingle Roof
  • Rubber Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Block Basement Construction

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Wolf Lake Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 57-19-17-400-174.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$410

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 81
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Thomas 2nd Add Bear Lake E 1/2 Lot 36 Thomas 2nd Add Replat Lake Shore Bear Lake W 1/2 Lot 35 (400-173). East Shore Conservancy
  • Parcel Number ID: 57-19-17-400-174.000-009
  • Platted: Yes
  • Location: Lake
  • Sp Lp Percent: 72.86
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 540
  • Total Finished Sq Ft: 540
  • Above Grade Finished Sq Ft: 540
  • Price Per Sq Ft: 74.07
  • Basement Material: Block
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 11x9, On Level: Main
  • Kitchen: Dimensions: 11x8, On Level: Main
  • Family Room: Dimensions: 18x10, On Level: Main
  • Bedroom 1: Dimensions: 10x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Rubber, Shingle
  • Outbuilding1: Shed, Dimensions: 10x10
  • Lake Type: Non Ski Lake
  • Water Features: Public Beach, Walk to Lake Access
  • Water Name: Bear Lake

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 21x12
  • Garage Sq Ft: 252
  • Garage: Yes

Utilities

  • Cooling: Window
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: REMC
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Cable TV Antenna

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999, Lake, Water View
  • Lot Dimensions: 77 X 77
  • Estimated Lot Sq Ft: 6403
  • Estimated Lot Size Acres: 0.147
  • Lot Number: 36

Tax Info

  • Annual Taxes: 410
  • Total Assessed Value: 26900

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 20, 2021
Sold by
Lee David L
Bought by
Critz Robert A and Critz Jeri
Seller's Agent
Nick Cochran
Minear Real Estate
Buyer's Agent
Shawn Smiley
Trueblood Real Estate, LLC.
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%
Current Estimated Value
$121,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,858
Avg. Annual Appreciation
27.99%
Source: Public Records

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Range of Values:

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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
Critz Robert A $45,000 Metropolitan Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $40,000 -27.1% $74 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/04/2021 09/04/21 Price Changed $54,900 -8.5% $102 / Sq Ft
08/11/2021 08/11/21 For Sale $60,000 -- $111 / 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 $936 $71,500 $12,600 $58,900
2023 $986 $68,200 $11,500 $56,700
2022 $631 $46,000 $11,500 $34,500
2021 $404 $30,900 $10,900 $20,000
2020 $410 $26,900 $9,200 $17,700
2019 $383 $26,200 $9,300 $16,900
2018 $381 $25,600 $9,300 $16,300
2017 $379 $25,600 $9,300 $16,300
2016 $344 $24,000 $9,300 $14,700
2014 $269 $20,200 $12,400 $7,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nick Cochran

    Minear Real Estate

    (260) 244-0009

    3 Total Sales

    Nick Cochran
    Section Image
  • Atalie Honaker

    Seller Co-Listing Agent in 2021

    Atalie Honaker

    The LT Group Real Estate

    (260) 609-2085

    90 Total Sales

    Atalie Honaker
    Section Image
  • Shawn Smiley

    Buyer's Agent in 2021

    Shawn Smiley

    Trueblood Real Estate, LLC.

    65 Total Sales

    Shawn Smiley
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202133083

Indiana Regional MLS

APN: 571917400174000009

Indiana Noble County Albion 46701

4555 W East Dr, Albion, IN

This home is located at 4555 W East Dr, Albion, IN 46701 since 11 August 2021 and is currently estimated at $121,858, approximately $225 per square foot. This property was built in 1940. 4555 W East Dr is a home located in Noble County with nearby schools including Central Noble Jr. - Sr. High 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.

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