NOT LISTED FOR SALE

4951 S Channel Ln Albion, IN 46701

Estimated Value: $463,000 - $540,421

3 Beds
2 Baths
1,994 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $317,000 $159 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,869/month

25 Days on Market

Highlights

  • 155 Feet of Waterfront
  • Private Beach
  • Heavily Wooded Lot
  • Pier or Dock
  • Lake Property
  • Ranch Style House

About This Home

As of October 2016

Extremely unique property on Big Lake. Ski 1-4 on Big Lake. 155 ft of frontage. 2,000 sqft 1 story cottage that was completely remodeled in 2006. 3 br and 2 baths. Large family room with fireplace has an entire wall of windows to enjoy the water views. Master suite has a 2 story closet that is absolutely awesome. It has an attached garage that is 20 x 53 plus a 30 x 36 pole barn for toys. Believe it or not, this wonderful property is located on approximately 2.5 WOODED ACRES. All appliances and hot tub remain. This is truly turn key. Properties like this don't come on the market very often. An additional 4 acres is also available for $70,000. The additional land is wooded and has channel frontage.

Last Agent to Sell the Property

JB Langas

Hansen Langas, REALTORS & Appraisers Listed on: 06/30/2016

Last Buyer's Agent

lisa furniss

Lakefront Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1970

Lot Details

  • 2.5 Acre Lot
  • 155 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,994 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Attic Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 57-19-28-300-025.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,019

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1970
  • Age: 46
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW 1/4 SW 1/4 SEC 28 .28A
  • Parcel Number ID: 57-19-28-300-025.000-009
  • Platted: Yes
  • Amenities: Deck Covered, Deck on Waterfront
  • Legal Description2: PT FRL SW EX 40A NW COR EX SEC 28 6.032
  • Location: Lake
  • Parcel Id2: 571928300040000009
  • Sp Lp Percent: 97.54
  • Special Features: None

Interior Features

  • Total Sq Ft: 1994
  • Total Finished Sq Ft: 1994
  • Above Grade Finished Sq Ft: 1994
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x23, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 22x20, On Level: Main
  • Bedroom 1: Dimensions: 20x14, On Level: Main
  • Bedroom 2: Dimensions: 15x11, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 36x30, 1080
  • Channel Canal Frontage: 150
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 155
  • Water Name: Big Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 53x20
  • Garage Sq Ft: 1060

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: 9xMain, On Level: 9
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble

Lot Info

  • Lot Description: Heavily Wooded, Waterfront, Lake
  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5

Tax Info

  • Annual Taxes: 2019
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Oct 11, 2016
Sold by
Dennis Trust
Bought by
Robert Donald Perry and Jacqueline Diane Fetherston
Seller's Agent
JB Langas
Hansen Langas, REALTORS & Appraisers
Buyer's Agent
lisa furniss
Lakefront Real Estate
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%
Current Estimated Value
$487,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,855
Avg. Annual Appreciation
3.47%
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
Robert Donald Perry $317,000 Meridian Title Corporation
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $317,000 -2.5% $159 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $325,000 -- $163 / 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 $2,529 $403,700 $114,800 $288,900
2023 $2,529 $396,800 $115,500 $281,300
2022 $2,714 $391,600 $115,500 $276,100
2021 $2,279 $352,200 $111,000 $241,200
2020 $3,225 $436,800 $209,800 $227,000
2019 $2,847 $400,400 $191,800 $208,600
2018 $2,846 $398,600 $189,900 $208,700
2017 $2,734 $383,300 $189,900 $193,400
2016 $1,628 $266,800 $95,400 $171,400
2014 $923 $186,400 $64,600 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201630394

Indiana Regional MLS

APN: 571928300025000009