NOT LISTED FOR SALE

4725 W Quail Run Trafalgar, IN 46181

Estimated Value: $726,000 - $927,000

4 Beds
2.5 Baths
1,222 Sq Ft
$666/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $600,000 $491 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,160/month

3 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Walk-In Closet
  • Wooded Lot
  • Traditional Architecture
  • Breakfast Bar

About This Home

As of December 2020

Located on 500 acre Lamb Lake, this 4 bedroom waterfront home has beautiful views of the main body and dam. Main level open concept floor-plan with Great Rm and Kitchen combo with vaulted ceilings. Lots of windows overlooking the lake! Wonderful outdoor area with main level covered porch off the master and great room, large covered lower deck area, and more decked area and fire pit just above private dock. Finished walkout basement provides great space. Gentle slope and not many steps to the water. Large boat dock great for swimming located on deep water in the idle zone. Boating, skiing, fishing, beach & shelter house: Lamb Lake is a fabulous option to make memories with friends and family on the lake. Roof is 7 years old, HVAC 1 year old

Last Agent to Sell the Property

Daniel Frische

Smythe & Co, Inc License #RB14049892 Listed on: 11/06/2020

Last Buyer's Agent

Tanya Smythe

Smythe & Co, Inc License #RB14038926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Lake Front
  • Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Utility Room
  • Carpet
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include home owners, maintenance, nature area, security, snow removal
  • Association Phone (317) 435-6460
  • Lamb Lake Estates Subdivision
  • Property managed by LLELOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 411027034006000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,714

Year Built

Built in 1973

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1973
  • Building Area Total: 2137
  • Garage Y N: No
  • Lot Size Acres: 0.3198
  • Subdivision Name: Lamb Lake Estates
  • Inspection Warranties: General
  • Transaction Type: Sale
  • MBR_AttributionContact: daniel@smytherealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Walk Out
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 823
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Breakfast Bar, Hi-Speed Internet Availbl, Center Island
  • Living Area: 1222
  • Main Level Bedrooms: 2
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1222
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 3
  • SqFt Total: 2137

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Outdoor Fire Pit, Dock
  • Foundation Details: Block
  • List Price: 615000
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association Phone: 317-435-6460
  • Association YN: Yes
  • Management Company Name: LLELOA
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Maintenance, Nature Area, Security, Snow Removal

Lot Info

  • Lot Features: Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 13930
  • Parcel Number: 411027034006000015
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2714
  • Tax Lot: 35
  • Semi Annual Property Tax Amt: 1357
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 15, 2020
Sold by
Mcdermid Robert and Mcdermid Sharon K
Bought by
Turner Martin E and Turner Christine N
Seller's Agent
Daniel Frische
Smythe & Co, Inc
Buyer's Agent
Tanya Smythe
Smythe & Co, Inc
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Current Estimated Value
$813,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,682
Avg. Annual Appreciation
5.64%
Original Mortgage
$400,000
Outstanding Balance
$360,197
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$414,732
Source: Public Records

Range of Values:

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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
Turner Martin E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Martin E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $600,000 -2.4% $491 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $615,000 -- $503 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $7,565 $529,400 $363,200 $166,200
2023 $7,608 $529,400 $363,200 $166,200
2022 $7,464 $519,500 $363,200 $156,300
2021 $5,311 $382,800 $250,000 $132,800
2020 $2,628 $350,500 $250,000 $100,500
2019 $2,715 $365,000 $250,000 $115,000
2018 $2,346 $373,100 $250,000 $123,100
2017 $1,995 $275,700 $250,000 $25,700
2016 $1,843 $275,700 $250,000 $25,700
2014 $1,781 $275,700 $250,000 $25,700
2013 $1,781 $347,100 $250,000 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21748229

MIBOR Broker Listing Cooperative®

APN: 41-10-27-034-006.000-015