NOT LISTED FOR SALE

4571 W 500 S Albion, IN 46701

Estimated Value: $174,000 - $429,000

1 Bed
1 Bath
1,436 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $87,000 $61 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,637/month

311 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Partially Wooded Lot
  • Enclosed Patio or Porch
  • Lake, Pond or Stream
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of August 2013

Cute 1 bedroom bungalow with 3.5 acres and 120 ft of lake frontage on Big Lake's 3rd Basin! This adorable home has many recent updates including fresh paint, new carpet, and updated bathroom. There's also plenty of room for storage in the detached garage and a large barn for storing water toys in the winter! The possibilities here are endless! Enjoy this little cottage for a few years and then build! Call the listing agent for more details.

Last Agent to Sell the Property

Angela Grable

RE/MAX Integrity Listed on: 08/31/2012

RE/MAX Integrity

Last Buyer's Agent

Robin Odneal

Dream Team Agents, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1940

Lot Details

  • 3.59 Acre Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Level Lot
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Bungalow
  • Cedar

Interior Spaces

  • 1-Story Property
  • Basement Cellar
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 571932400001000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$655

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 73
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Part of the northeast quarter of the northwest quarter of sec 32, township 33 north, range 9 east |
  • Parcel Number ID: 571932400001000009
  • Platted: Yes
  • Amenities: Deck Open, Porch Enclosed, Range/Oven Hook Up Elec
  • Cross Street: State Rd 109
  • Location: Rural
  • Section Number: 32
  • Sp Lp Percent: 87.09
  • Year Taxes Payable: 2012
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1436
  • Total Finished Sq Ft: 1436
  • Above Grade Finished Sq Ft: 864
  • Below Grade Finished Sq Ft: 572
  • Price Per Sq Ft: 100.69
  • Basement Foundation: Cellar
  • Living Great Room: Dimensions: 15x10, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 572

Exterior Features

  • Exterior: Cedar
  • Outbuilding1: Barn, Dimensions: 30x28, 840
  • Lake Type: Ski Lake
  • Water Frontage: 120
  • Water Name: Big Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x20
  • Garage Sq Ft: 280
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Size: 2 Inches
  • Well Type: Private

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, Partially Wooded, Waterfront
  • Lot Dimensions: see survey
  • Estimated Lot Sq Ft: 156293
  • Estimated Lot Size Acres: 3.588

Tax Info

  • Annual Taxes: 655.28

Multi Family

  • Water Access: Lakefront

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

Closed on
Dec 18, 2017
Sold by
Mosier Jon L and Mosier Charlotte A
Bought by
Anderson Justin
Current Estimated Value
$294,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$104,784
Interest Rate
3.95%
Mortgage Type
VA
Estimated Equity
$186,810

Purchase Details

Listed on
Aug 31, 2012
Closed on
Aug 16, 2013
Sold by
Petersen Llc
Bought by
Mosier Jon L and Mosier Charlotte A
Seller's Agent
Angela Grable
RE/MAX Integrity
Buyer's Agent
Robin Odneal
Dream Team Agents, LLC
List Price
$199,900
Sold Price
$87,000
Premium/Discount to List
-$112,900
-56.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%

Purchase Details

Listed on
Apr 14, 2012
Closed on
Jun 29, 2012
Sold by
Blanche D Doty
Bought by
Angela Grable-Garcia
Seller's Agent
Angela Grable
RE/MAX Integrity
Buyer's Agent
Raven Sills
The LT Group Real Estate
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.80%

Purchase Details

Listed on
Apr 14, 2012
Closed on
May 20, 2012
Sold by
Deutsche Company
Bought by
Doty Blanche D and Doty Kirk W
Seller's Agent
Angela Grable
RE/MAX Integrity
Buyer's Agent
Raven Sills
The LT Group Real Estate
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Purchase Details

Listed on
Apr 14, 2012
Closed on
Mar 22, 2012
Sold by
Sheriff Harp
Bought by
Deutwche Company
Seller's Agent
Angela Grable
RE/MAX Integrity
Buyer's Agent
Raven Sills
The LT Group Real Estate
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
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
Anderson Justin $120,540 Centurion Land Title Inc
Mosier Jon L $87,000 Lawyers Title Company
Angela Grable-Garcia $95,000 Lawyers Title
Doty Blanche D $65,000 --
Deutwche Company $57,500 Nelson & Frankenberger
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Justin $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $87,000 -56.5% $61 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $199,900 +207.5% $139 / Sq Ft
05/11/2012 05/11/12 Sold $65,000 -7.0% $57 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $69,900 -- $61 / 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 $977 $222,600 $122,300 $100,300
2023 $1,007 $215,100 $117,600 $97,500
2022 $2,941 $214,500 $117,600 $96,900
2021 $668 $168,400 $83,200 $85,200
2020 $536 $148,900 $70,900 $78,000
2019 $484 $142,400 $71,200 $71,200
2018 $538 $148,400 $71,000 $77,400
2017 $365 $125,800 $54,200 $71,600
2016 $1,811 $124,300 $54,400 $69,900
2014 $1,562 $117,300 $88,300 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201209525

Indiana Regional MLS

APN: 571932400001000009