NOT LISTED FOR SALE

501 Michigami Trail Chesterton, IN 46304

Estimated Value: $271,000 - $282,337

3 Beds
2 Baths
1,504 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $215,000 $143 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,700/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Westchester Intermediate School Rated A-
  • Whirlpool Bathtub
  • No HOA

About This Home

As of October 2020

This move in ready ranch home features a great floor plan with 3 spacious bedrooms and 2 full bathrooms. Custom hardwood flooring throughout with recently replaced windows, doors, paint, trim, roof, siding, gutters, facia, lighting. The large eat in kitchen features all stainless steel appliances that stay. Looks out over the large fully fenced in back yard. Tons of storage with a tool shed in back and an oversized 3 car garage. Located near downtown and easy access to major highways. Award winning schools and low taxes make this one you dont want to miss! Schedule your showing today!

Last Agent to Sell the Property

Karl Wehle

Realty Executives Premier License #RB14033019 Listed on: 09/06/2020

Realty Executives Premier

Co-Listed By

Brian Bissonnette

Realty Executives Premier License #RB14045226

Last Buyer's Agent

Constance Estelle

McColly Real Estate License #RB14040229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1975

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115x125
  • Fenced
  • Landscaped
  • Corner Lot

Parking

  • 3.5 Car Detached Garage
  • Garage Door Opener

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 640336251001000026

Community Details

Overview

  • No Home Owners Association
  • Woodlawn Acres Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,959

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Corner Lot, Landscaped, Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1103
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: Woodlawn Acres
  • Above Grade Finished Sq Ft: 1504
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs, Whirlpool Tub
  • Basement: Crawl Space, Sump Pump
  • Flooring: Ceramic Tile, Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.33
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 3.5
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 115x125
  • Lot Size Sq Ft: 14375
  • Parcel #: 640336251001000026

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2020
Closed on
Oct 23, 2020
Sold by
Bobowsky Robert J
Bought by
Krueger Sean P and Krueger Jacqueline J
Seller's Agent
Karl Wehle
Realty Executives Premier
Buyer's Agent
Constance Estelle
McColly Real Estate
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$276,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,584
Avg. Annual Appreciation
5.50%
Original Mortgage
$165,000
Outstanding Balance
$147,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,766

Purchase Details

Listed on
Jun 26, 2016
Closed on
Aug 16, 2016
Sold by
Unhwa Gentry Inadvertently
Bought by
Bobowsky Robert J
Seller's Agent
Bart Vickrey
Listing Leaders
Buyer's Agent
Brian Bissonnette
Realty Executives Premier
List Price
$174,500
Sold Price
$174,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$171,336
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2013
Closed on
Feb 13, 2014
Sold by
Fannie Mae
Bought by
Gentry Unwah
Seller's Agent
Gary Jones
REMAX County Wide 1st
Buyer's Agent
Bart Vickrey
Listing Leaders
List Price
$58,900
Sold Price
$58,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.41%

Purchase Details

Closed on
May 29, 2013
Sold by
Smith Matthew L
Bought by
Fannie Mae

Purchase Details

Closed on
Dec 13, 2005
Sold by
Bertetto John T and Bertetto Jennie L
Bought by
Smith Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
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
Krueger Sean P -- Meridian Title Corp
Bobowsky Robert J -- Meridian Title Corp
Gentry Unwah -- None Available
Fannie Mae -- None Available
Smith Matthew L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Sean P $165,000
Previous Owner Bobowsky Robert J $171,336
Previous Owner Smith Matthew L $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $215,000 0.0% $143 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $215,000 +23.2% $143 / Sq Ft
08/16/2016 08/16/16 Sold $174,500 0.0% $116 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/26/2016 06/26/16 For Sale $174,500 +196.3% $116 / Sq Ft
02/14/2014 02/14/14 Sold $58,900 0.0% $55 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $58,900 -- $55 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $2,350 $214,200 $40,000 $174,200
2023 $2,180 $203,700 $37,200 $166,500
2022 $2,180 $193,000 $37,200 $155,800
2021 $2,279 $176,300 $37,200 $139,100
2020 $2,297 $177,900 $33,800 $144,100
2019 $1,959 $151,400 $33,800 $117,600
2018 $1,873 $145,000 $33,800 $111,200
2017 $1,689 $139,500 $33,800 $105,700
2016 $1,545 $132,000 $33,700 $98,300
2014 $1,534 $122,500 $30,400 $92,100
2013 -- $118,300 $31,100 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 481206

Northwest Indiana Association of REALTORS®

APN: 64-03-36-251-001.000-026