NOT LISTED FOR SALE

480 Lane 140 Little Otter Lake Fremont, IN 46737

Estimated Value: $234,000 - $496,000

3 Beds
1.5 Baths
1,072 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $245,000 $229 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,739/month

55 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Pier or Dock
  • 2 Car Detached Garage
  • Fremont High School Rated A-
  • Lake Property
  • Bathtub with Shower

About This Home

As of July 2014

Enjoy Quiet Comfortable Living in this lakefront home located on Little Otter Lake. This lake is a no wake lake to enjoy fishing and the solitude. It has quick water access to the other lakes of the Lake James chain where you can enjoy skiing and jet skiing or just spend the day just boating the entire chain of five lakes. This home was built in 2009. The sellers retained one small portion on an existing back wall and the same footprint and built entirely new. The home features nice colors and décor throughout. The home can be purchased turnkey for a quick move in to enjoy the summer. There are three roomy sleeping rooms and 1.5 baths. A spacious deck is across the entire front of the home lakeside. The .50 acre lot has seventy feet of lakefront with an improved swim beach. Washer and dryer are negotiable. All furnishings and décor are available to purchase.

Last Agent to Sell the Property

Barbara Hendrick

Coldwell Banker Real Estate Group Listed on: 05/10/2014

Coldwell Banker Real Estate Group

Co-Listed By

Craig Walker

Coldwell Banker Real Estate Group

Last Buyer's Agent

Debbie Gundy

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 2009

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 70x296x74x322
  • 70 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope

HOA Fees

  • $4 per month

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Water Views
  • Crawl Space

Kitchen

  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Fremont Elementary And Middle School
  • Fremont High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 76-03-26-320-201.000-006

Community Details

Overview

  • $4 Other Monthly Fees

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,019

Year Built

Built in 2009

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2009
  • Age: 5
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW 1/4 SW 1/4 Sec 26 + PT NW 1/4 SW 1/4 Sec @6 |
  • Parcel Number ID: 76-03-26-320-201.000-006
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Countertops-Laminate, Deck Open, Disposal, Wiring-Data, Tub/Shower Combination
  • Location: Lake
  • Parcel Id2: 760326320204000006
  • Sp Lp Percent: 98.04
  • Year Taxes Payable: 2013/2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1072
  • Total Finished Sq Ft: 1072
  • Above Grade Finished Sq Ft: 1072
  • Price Per Sq Ft: 228.54
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 13x22, On Level: Main
  • Kitchen: Dimensions: 8x8, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Other Room1: Full Bath, Dimensions: 8x7, On Level: Main
  • Other Room 2: Half Bath, Dimensions: 5x7, On Level: Main
  • Main Level Sq Ft: 1072
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x8
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 70
  • Water Name: Little Otter Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x26
  • Garage Sq Ft: 572
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 7
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Voluntary road maintenance.
  • Other Fees Dollar: 50

Schools

  • School District: Fremont Community
  • Elementary School: Fremont
  • Middle School: Fremont
  • High School: Fremont
  • Elementary School: Fremont

Lot Info

  • Lot Description: Rolling, Waterfront, Water View
  • Lot Dimensions: 70x296x74x322
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 1018.86
  • Exemptions: Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Fremont
  • Middle School: Fremont
  • School District: Fremont Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2016
Sold by
Willard William R and Willard Mary Sue
Bought by
Willard William R and Willard Mary Sue
Current Estimated Value
$305,829

Purchase Details

Listed on
May 10, 2014
Closed on
Jul 31, 2014
Sold by
Stillwell Jay T and Stillwell Pamela K
Bought by
Willard William R and Willard Mary Sue
Seller's Agent
Barbara Hendrick
Coldwell Banker Real Estate Group
Buyer's Agent
Debbie Gundy
Coldwell Banker Real Estate Group
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Oct 9, 2008
Sold by
Booher Michael D and Booher Marcia K
Bought by
Stillwell Jay T and Stillwell Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2001
Sold by
Booher Russell M and Booher Barbara A
Bought by
Booher Michael and Booher Marcia K
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
Willard William R -- None Available
Willard William R -- None Available
Stillwell Jay T $150,660 Metropolitan Title
Stillwell Jay T -- None Available
Booher Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stillwell Jay T $127,000
Previous Owner Stillwell Jay T $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $245,000 -2.0% $229 / Sq Ft
07/04/2014 07/04/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $249,900 -- $233 / 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 $736 $248,100 $111,000 $137,100
2023 $660 $228,500 $101,900 $126,600
2022 $708 $218,200 $96,100 $122,100
2021 $353 $174,000 $80,100 $93,900
2020 $1,479 $158,500 $72,800 $85,700
2019 $1,519 $160,100 $72,800 $87,300
2018 $1,529 $156,600 $72,800 $83,800
2017 $1,529 $155,500 $72,800 $82,700
2016 $1,429 $156,300 $76,300 $80,000
2014 $927 $130,800 $72,100 $58,700
2013 $927 $131,400 $72,100 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201417635

Indiana Regional MLS

APN: 76-03-26-320-201.000-006