NOT LISTED FOR SALE

501 E Main St Silver Lake, IN 46982

Estimated Value: $158,879 - $177,000

3 Beds
2.5 Baths
1,512 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $125,000 $83 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,085/month

12 Days on Market

Highlights

  • Covered patio or porch
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Edgewood Middle School Rated A
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of January 2021

Here is your opportunity to live in a well maintained traditional home. This beautiful home is on the corner of E Main Street and S Harrison Street in charming Silver Lake, Indiana. The main floor features a bedroom with its own half bath and equipped laundry room attached. The upstairs has two bedroom and a spacious bath. There is ample storage space throughout the home with plenty of closets and cabinets. Don't miss your opportunity to make Silver Lake your home; call today to schedule an appointment!

Last Listed By

Kyle Ness

Ness Bros. Realtors & Auctioneers Listed on: 10/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1880

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 66x88
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Claypool Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Multiple Phone Lines

Listing and Financial Details

  • Assessor Parcel Number 43-18-05-300-780.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,129

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Age: 140
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 18-31-15 STP E Lot 16 Homans Add 5-30-6.13A
  • Parcel Number ID: 43-18-05-300-780.000-014
  • Platted: Yes
  • Amenities: Attic Storage, Ceiling Fan(s), Closet(s) Walk-in, Detector-Smoke, Dryer Hook Up Electric, Multiple Phone Lines, Porch Covered, Porch Open
  • Cross Street: Harrison
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1786
  • Total Finished Sq Ft: 1512
  • Above Grade Finished Sq Ft: 1512
  • Below Grade Sq Ft: 274
  • Price Per Sq Ft: 82.67
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 16x16, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Dining Room: Dimensions: 16x16, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 274

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Driveway: Stone
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 10

Schools

  • School District: Warsaw Community
  • Elementary School: Claypool
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Claypool

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X88
  • Estimated Lot Sq Ft: 36590
  • Estimated Lot Size Acres: 0.84

Tax Info

  • Annual Taxes: 2128.72

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Kosciusko County Sheriff
Bought by
Freedom Mortgage Corporation
Total Days on Market
12
Current Estimated Value
$171,720

Purchase Details

Listed on
Oct 29, 2020
Closed on
Jan 5, 2021
Sold by
Skees Melissa M and Baker Melissa M
Bought by
Thomas Kyle C
Seller's Agent
Kyle Ness
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Brian Powell
Re/Max Lakes
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$122,735
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2010
Sold by
Carr Michael L
Bought by
Skees Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,481
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2000
Sold by
Varney William G
Bought by
Farmer Charlie O and Farmer Janette R

Purchase Details

Closed on
Apr 3, 2000
Sold by
Cain Loretta J
Bought by
Varney William G

Purchase Details

Closed on
Dec 30, 1999
Sold by
Carr Milton R and Jtwos Edith
Bought by
Carr Milton R and Carr Michael L

Purchase Details

Closed on
May 31, 1996
Sold by
Carr Milton R and Carr Edith I
Bought by
Lloyd Casey J

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Freedom Mortgage Corporation $109,340 None Listed On Document
Thomas Kyle C -- None Available
Skees Melissa M -- None Available
Farmer Charlie O -- --
Varney William G $8,000 --
Carr Milton R -- --
Lloyd Casey J $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Kyle C $122,735
Previous Owner Skees Melissa M $99,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $125,000 0.0% $83 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $125,000 -- $83 / 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 $1,593 $125,600 $8,800 $116,800
2023 $1,172 $119,100 $8,800 $110,300
2022 $921 $100,700 $7,800 $92,900
2021 $631 $83,900 $7,800 $76,100
2020 $672 $86,300 $6,100 $80,200
2019 $651 $86,300 $6,100 $80,200
2018 $637 $84,600 $6,100 $78,500
2017 $583 $82,800 $6,100 $76,700
2016 $515 $78,200 $4,700 $73,500
2014 $583 $85,000 $4,700 $80,300
2013 $583 $85,000 $4,700 $80,300
Source: Public Records

Agents Affiliated with this Home

  • Kyle Ness

    Seller's Agent in 2021

    Kyle Ness

    Ness Bros. Realtors & Auctioneers

    (260) 417-2056

    204 Total Sales

    Kyle Ness
    Section Image
  • Brian Powell

    Buyer's Agent in 2021

    Brian Powell

    RE/MAX

    (574) 328-1360

    72 Total Sales

    Section Image
See All Agents

Map

Similar Home in Silver Lake, IN

  • 101 Peru Rd, Silver Lake, IN 46982

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,684 Sq Ft
    • 101 Peru Rd
    • Silver Lake, IN

    This home located in Silver Lake is an excellent opportunity for buyers looking to put their own stamp on a property and create their dream home. With a little TLC this ranch style home can become a beautiful space that meets your families needs. This home features 3 bedrooms, 1 full bath on the main and 1 full bath in the unfinished basement. A new roof will be installed prior to closing.

    Kami Johnson Foundations Real Estate Group

    Section Image
See All Homes in Silver Lake

Source: Indiana Regional MLS

MLS Number: 202043700

Indiana Regional MLS

APN: 43-18-05-300-780.000-014

Indiana Kosciusko County Silver Lake 46982

501 E Main St, Silver Lake, IN

Homes for Sale in Silver Lake, IN

This home is located at 501 E Main St, Silver Lake, IN 46982 since 29 October 2020 and is currently estimated at $171,720, approximately $113 per square foot. This property was built in 1880. 501 E Main St is a home located in Kosciusko County with nearby schools including Claypool Elementary School, Edgewood Middle School, and Warsaw Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.