NOT LISTED FOR SALE

4955 N State Road 5 Shipshewana, IN 46565

Estimated Value: $425,000 - $584,466

3 Beds
2 Baths
2,131 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 4955 N State Road 5, Shipshewana, IN 46565 and is currently estimated at $517,867, approximately $243 per square foot. 4955 N State Road 5 is a home located in LaGrange County with nearby schools including Meadowview Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Lehman Development Inc
Bought by
Mullet Michael E
Current Estimated Value
$517,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,675
Outstanding Balance
$315,773
Interest Rate
7.1%
Mortgage Type
Construction
Estimated Equity
$165,861
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Mullet Michael E $335,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullet Michael E $318,675
Source: Public Records

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 $4,835 $435,300 $41,800 $393,500
2023 $4,482 $401,900 $39,100 $362,800
2022 $3,997 $369,800 $33,300 $336,500
2021 $3,813 $336,100 $31,300 $304,800
2020 $3,653 $314,300 $29,800 $284,500
2019 $3,460 $296,600 $27,600 $269,000
2018 $3,299 $278,900 $27,600 $251,300
2017 $3,012 $256,300 $27,600 $228,700
2016 $2,721 $229,500 $27,600 $201,900
2014 $2,888 $229,300 $27,200 $202,100
2013 $2,888 $231,400 $27,200 $204,200
Source: Public Records

Map

Indiana LaGrange County Shipshewana 46565

4955 N State Road 5, Shipshewana, IN

This home is located at 4955 N State Road 5, Shipshewana, IN 46565 and is currently estimated at $517,867, approximately $243 per square foot. 4955 N State Road 5 is a home located in LaGrange County with nearby schools including Meadowview Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

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