NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,427,000

4 Beds
3.5 Baths
3,620 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $850,000 $235 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,277/month

93 Days on Market

Highlights

  • Lake View
  • Lake Privileges
  • Wood Flooring
  • Newton Yost Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of October 2020

Affectionally known as the Honeymoon Cabin!!! Local Businessman and Civic Leader built this home on Lake Michigan in 1926 as a wedding gift to his new wife. He hired Dune Acres Builder Alden Studebaker to construct the home which was erected using horse and carriage and a Model T pickup truck. Since then the home has had only one other owner previous to the current owners. They have spent the last 30 years entertaining family, friends, and neighbors. Creating great memories for everyone who visited. Whether it was a day on the beach, watching sunsets from the porch or celebrating the holidays.The home is perfectly situated forward of the other homes which creates a private setting while sitting perched above the water so to surround yourself with the sound the waves.The home needs a new curator to continue to preserve and maintain the home like the current owners have done over the past 30 years.

Last Agent to Sell the Property

Mark Hull

@properties/Christie's Intl RE License #RB14051515 Listed on: 07/22/2020

@properties/Christie's Intl RE

Last Buyer's Agent

Claudia Miller Forrest

Century 21 Circle License #RB14050500

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,496

Year Built

  • Built in 1926

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 90' x 185'
  • Landscaped
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cottage

Interior Spaces

  • 1.5-Story Property
  • Skylights
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Lake Views
  • Basement

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch

Schools

  • Newton Yost Elementary School
  • Chesterton Senior High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Dune Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640314327003000025

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,496

Year Built

Built in 1926

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake On Lot, Landscaped, Sloped, Wooded
  • Reso View: Lake
  • Water Body Name: Lake Michigan
  • Co List Office Mls Id: NRA1076
  • Subdivision Name: Dune Acres
  • Above Grade Finished Sq Ft: 3004
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • AuctionYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Double Oven, Dryer, Microwave, Other, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Crawl Space, Walk-Out Access
  • Flooring: Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 616
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Acres: 0.382
  • Waterfront Features: Lake Privileges
  • Construction Type: Cedar, Log, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Screened

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Heating: Baseboard, Hot Water, Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: 90' x 185'
  • Lot Size Sq Ft: 16640
  • Parcel #: 640314327003000025

Tax Info

  • Year: 2019
  • Tax Annual Amount: 12496

MLS Schools

  • HighSchool: Chesterton Senior High School
  • Elementary School: Newton Yost Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Oct 27, 2020
Sold by
Mary T Stolper Revocable Trust and Stolper Mary T
Bought by
Schementi Gregory P and Kamin Kim A
Seller's Agent
Mark Hull
@properties/Christie's Intl RE
Buyer's Agent
Claudia Miller Forrest
Century 21 Circle
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,264,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,181
Avg. Annual Appreciation
7.78%
Original Mortgage
$675,000
Outstanding Balance
$600,654
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$663,527
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schementi Gregory P -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schementi Gregory P $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $850,000 0.0% $235 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $850,000 -- $235 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $21,407 $730,000 $432,000 $298,000
2023 $13,550 $681,600 $399,600 $282,000
2022 $13,550 $649,500 $399,600 $249,900
2021 $12,530 $628,900 $399,600 $229,300
2020 $12,061 $587,200 $378,000 $209,200
2019 $12,496 $587,200 $378,000 $209,200
2018 $12,143 $587,200 $378,000 $209,200
2017 $11,932 $589,600 $378,000 $211,600
2016 $12,455 $621,500 $395,300 $226,200
2014 $12,666 $624,100 $397,000 $227,100
2013 -- $618,300 $405,100 $213,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 478907

Northwest Indiana Association of REALTORS®

APN: 64-03-14-327-003.000-025

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