NOT LISTED FOR SALE

48 Inverness Ln Schererville, IN 46375

Estimated Value: $317,000 - $451,287

2 Beds
2 Baths
2,182 Sq Ft
$88/mo HOA Fee

Last Sold June 04, 2013

Last sale price $199,900 $92 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,536/month

78 Days on Market

Highlights

  • Gated with Attendant
  • 2.74 Acre Lot
  • Sun or Florida Room
  • Protsman Elementary School Rated A
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of June 2013

LOCATION, LOCATION, LOCATION...Most affordable condo in BRIAR RIDGE! This MAIN FLOOR neutrally decorated 2 BR/2BA offers over 2000 sq.ft. of clean and easy living! Newly carpeted and freshly painted bedrooms and newer carpet in LR/DR. And, fresh paint in BAs and newer flooring in kitchen. All appliances are included and seller is offering HSA Warranty. Bricked in Sun Room...enjoy the view of the setting sun...like being on vacation!

Last Agent to Sell the Property

Maria McShane

McColly Real Estate License #RB14043644 Listed on: 02/25/2013

McColly Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 1983

Lot Details

  • Cul-De-Sac
  • Gated Home
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,182 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Country Kitchen
  • Portable Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Accessible Home Design

  • Handicap Accessible

Utilities

  • Cooling Available
  • Furnace Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 451106228011000036

Community Details

Overview

  • Briar Ridge Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Net Lease
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,411

Year Built

Built in 1983

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Curbs, Landscaped, Paved Road, Nearly Level
  • ResoOtherEquipment: Cable TV Hookup, Intercom, Security System, Furnace Humidifier
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Briar Ridge
  • Architectural Style: Condo
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 1050
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Microwave, Portable Electric Range, Refrigerator, Washer
  • Interior Amenities: Main Floor Laundry, Main Floor Bedroom, Main Floor Bathroom, Formal Dining, FP Living/Great Room, Sun Room, Country Kitchen, Barrier Free Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1

Exterior Features

  • Exterior Features: In Ground Sprinklers, Barrier Free Access, Guarded Entry, Gated Entry
  • Acres: 2.74

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Side Drive, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Fee: 297

Schools

  • Junior High Dist: Lake Central

Lot Info

  • Lot Dimensions: Common
  • Lot Size Sq Ft: 119354
  • ResoLotSizeUnits: Acres
  • Parcel #: 451106228011000036
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2411

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 30, 2013
Sold by
Burge Nancy
Bought by
Funtoulakis Stavros G and Funtoulakis Georgia K
Seller's Agent
Maria McShane
McColly Real Estate
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$381,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,422
Avg. Annual Appreciation
5.38%
Original Mortgage
$99,900
Outstanding Balance
$70,873
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$310,449

Purchase Details

Closed on
Aug 8, 2008
Sold by
Berke Harry and Berke Shirley
Bought by
Berke Harry and Berke Shirley
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
Funtoulakis Stavros G -- Community Title Co
Berke Harry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funtoulakis Stavros G $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $199,900 0.0% $92 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $199,900 -- $92 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $5,126 $253,800 $50,000 $203,800
2023 $2,147 $251,700 $50,000 $201,700
2022 $2,023 $218,400 $43,000 $175,400
2021 $1,872 $207,900 $43,000 $164,900
2020 $1,921 $207,900 $43,000 $164,900
2019 $1,943 $194,200 $43,000 $151,200
2018 $2,023 $198,400 $43,000 $155,400
2017 $1,693 $180,700 $42,200 $138,500
2016 $1,693 $180,700 $42,200 $138,500
2014 $1,598 $180,700 $42,200 $138,500
2013 $1,643 $180,700 $42,200 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR323341

Northwest Indiana Association of REALTORS®

APN: 45-11-06-228-011.000-036