NOT LISTED FOR SALE

4708 Lakeshore Dr Kokomo, IN 46901

Estimated Value: $881,000 - $1,079,070

4 Beds
5 Baths
6,798 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $1,255,500 $185 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $5,810/month

128 Days on Market

Highlights

  • 765 Feet of Waterfront
  • Pier or Dock
  • Access To Lake
  • Northwestern Senior High School Rated 10
  • Private Beach
  • Fireplace in Bedroom

About This Home

As of December 2022

MOTIVATED SELLER! Situated on 165 acres of beautiful lakes & woodlands. This spectacular 4.6 acre estate defies comparison throughout the Midwest. The castle-like mansion is surrounded by 2 lakes with unobstructed views of water from every angle. Very strong architectural detail containing a newly finished 5 1/2 year no budget design renovation & add-on with acquired handpicked elements that were incorporated both inside & out. Pictures cannot encapsulate the magnificence, craftsmanship, & detail. From 4,000 pound granite lions, huge bronze fountains, superb architectural beauty, spectacular doors both exterior & interior, an almost 1,000 sq ft dream kitchen, fireplaces throughout with exquisite custom unmatched detailed mantels, stunning handpicked chandeliers, very high end built-ins, breath taking ceilings & walls created by master craftsmen & renowned Florida artisan, very large 4 plus car garage, two out buildings, story book master suite, jaw dropping bathrooms throughout & marble floor medallions to embellish the beautiful flooring (many other fine details that go on & on). This once in a lifetime opportunity cannot be duplicated & is unmatched for miles & miles to come. This is a wonderful setting to raise a family.

Last Agent to Sell the Property

DJ Butcher

Fortune Companies, Inc Listed on: 06/22/2022

Last Buyer's Agent

DJ Butcher

Fortune Companies, Inc Listed on: 06/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,486

Year Built

  • Built in 1994

Lot Details

  • 4.6 Acre Lot
  • 765 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Public Beach
  • Irregular Lot
  • Wooded Lot

Parking

  • 4 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Beamed Ceilings
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream

Schools

  • Northwestern Elementary School
  • Northwestern Middle School
  • Northwestern High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 34-09-05-100-003.000-017

Community Details

Overview

  • Champagne Shores Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,486

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1994
  • Age: 28
  • Style: Two Story
  • Architectural Style: Victorian
  • Total Number of Rooms: 12
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT NW4 5-23-3 4.60 AC
  • Parcel Number ID: 34-09-05-100-003.000-017
  • Platted: Yes
  • Amenities: Ceilings-Beamed, Closet(s) Walk-in, Deck Open, Eat-In Kitchen, Natural Woodwork, Near Walking Trail, Great Room, Custom Cabinetry
  • Road Access: Easement
  • Road Surface: Concrete
  • Sp Lp Percent: 84.26
  • Year Taxes Payable: Current
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 8407
  • Total Finished Sq Ft: 6798
  • Above Grade Finished Sq Ft: 6798
  • Above Grade Unfinished Sq Ft: 1609
  • Price Per Sq Ft: 184.69
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, 1st Bdrm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x27, On Level: Main
  • Kitchen: Dimensions: 27x35, On Level: Main
  • Dining Room: Dimensions: 13x16, On Level: Main
  • Family Room: Dimensions: 30x15, On Level: Main
  • Den: Dimensions: 13x22, On Level: Main
  • Recreation Room: Dimensions: 17x19, On Level: Main
  • Bedroom 1: Dimensions: 29x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 13x17, On Level: Upper
  • Bedroom 4: Dimensions: 10x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Block, Brick
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 36x40, 1440
  • Outbuilding2: Pole/Post Building, Dimensions: 30x40, 1200
  • Water Features: Pier/Dock, Private Beach, Public Beach, Walk to Lake Access
  • Water Frontage: 765

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 53x30
  • Garage Sq Ft: 1590
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Northwestern School Corp.
  • Elementary School: Northwestern
  • Middle School: Northwestern Middle School
  • High School: Northwestern High School
  • Elementary School: Northwestern

Lot Info

  • Lot Description: Irregular, Waterfront, 3-5.9999, Water View, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 200376
  • Estimated Lot Size Acres: 4.6

Tax Info

  • Annual Taxes: 7485.8

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Northwestern High School
  • Middle School: Northwestern Middle School
  • School District: Northwestern School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Dec 27, 2022
Sold by
Sommers-Carden Mary K and Sommers-Carden Charles J
Bought by
Venice Family Trust
Seller's Agent
DJ Butcher
Fortune Companies, Inc
Buyer's Agent
DJ Butcher
Fortune Companies, Inc
List Price
$1,890,000
Sold Price
$1,255,500
Premium/Discount to List
-$634,500
-33.57%
Views
228
Current Estimated Value
$968,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287,477
Avg. Annual Appreciation
-8.90%
Original Mortgage
$750,000
Outstanding Balance
$724,753
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$243,270

Purchase Details

Listed on
Jun 22, 2022
Closed on
Dec 15, 2022
Sold by
Sims Brett T
Bought by
Sommers-Carden Mary K and Carden Charles J
Seller's Agent
DJ Butcher
Fortune Companies, Inc
Buyer's Agent
DJ Butcher
Fortune Companies, Inc
List Price
$1,890,000
Sold Price
$1,255,500
Premium/Discount to List
-$634,500
-33.57%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$724,753
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$243,270

Purchase Details

Closed on
Jun 24, 2022
Sold by
Sims Alicia M
Bought by
Sims Brett T

Purchase Details

Closed on
Jun 23, 2022
Sold by
Sims Alicia M
Bought by
Sims Brett T

Purchase Details

Closed on
May 15, 2020
Sold by
Chestnut Hill Llc
Bought by
Champagne Shores Homeowners As

Purchase Details

Closed on
May 14, 2020
Sold by
Chestnut Hill Llc
Bought by
Champagne Shores Homeowners Assoc Inc

Purchase Details

Closed on
Aug 2, 2010
Sold by
Sara J Popplewell
Bought by
Sims Alicia M and Sims Brett T
Source: Public Records

Range of Values:

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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
Venice Family Trust -- --
Sommers-Carden Mary K -- None Listed On Document
Sims Brett T -- Maugans J Conrad
Sims Brett T -- None Listed On Document
Champagne Shores Homeowners As -- Mccann Mark A
Champagne Shores Homeowners Assoc Inc -- None Listed On Document
Sims Alicia M $400,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommers-Carden Mary K $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $1,255,500 -15.7% $185 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $1,490,000 -6.3% $219 / Sq Ft
08/13/2022 08/13/22 Price Changed $1,590,000 -5.9% $234 / Sq Ft
07/13/2022 07/13/22 Price Changed $1,690,000 -10.6% $249 / Sq Ft
06/22/2022 06/22/22 For Sale $1,890,000 -- $278 / 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 $8,140 $1,012,200 $74,800 $937,400
2023 $8,140 $938,900 $74,800 $864,100
2022 $8,433 $894,000 $74,800 $819,200
2021 $7,486 $723,500 $95,400 $628,100
2020 $6,510 $670,700 $98,300 $572,400
2019 $6,301 $650,000 $98,300 $551,700
2018 $5,776 $624,700 $98,300 $526,400
2017 $5,847 $618,100 $98,300 $519,800
2016 $5,866 $617,700 $98,300 $519,400
2014 $5,753 $594,500 $102,000 $492,500
2013 $4,208 $589,800 $102,000 $487,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202225018

Indiana Regional MLS

APN: 34-09-05-100-003.000-017