NOT LISTED FOR SALE

5011 Lakeview Dr Valparaiso, IN 46383

Estimated Value: $218,088 - $250,000

2 Beds
1 Bath
977 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $170,000 $174 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,297/month

16 Days on Market

Highlights

  • Access To Lake
  • Lake On Lot
  • 2.5 Car Detached Garage
  • Cooks Corners Elementary School Rated A
  • Cottage
  • Cedar Closet

About This Home

As of November 2020

Peaceful and Secluded Cottage off Loomis Lake. If you are looking to get away from it all, you will love this cottage with beautiful lake views, small community beach , located on a dead end private road. This sanctuary boasts new appliances, new driveway and a newer oversized two car garage. Easily expandable on a large lot.

Last Agent to Sell the Property

Diana Swets

McColly Real Estate License #RB14050167 Listed on: 10/02/2020

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 80 x 116
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Cottage
  • Cedar Siding
  • Vinyl Siding

Interior Spaces

  • 977 Sq Ft Home
  • Living Room
  • Keeping Room with Fireplace

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Access To Lake
  • Lake On Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Ericksons Spectacle Lake Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 640901327003000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake On Property, Lake Access, Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR233
  • Subdivision Name: Ericksons Spectacle Lake Sub
  • Architectural Style: Cottage
  • GNR_Exterior: Cedar,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator, Washer, Other
  • Interior Amenities: Cedar Closet, Finished Laundry Rm, FP Gathering Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.21

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 80 x 116
  • Lot Size Sq Ft: 9148
  • ResoLotSizeUnits: Acres
  • Parcel #: 640901327003000003
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2019
  • Tax Annual Amount: 880

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 13, 2020
Sold by
Palmer Nela M
Bought by
Byers Rebecca
Seller's Agent
Diana Swets
McColly Real Estate
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$231,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,022
Avg. Annual Appreciation
6.38%
Original Mortgage
$136,000
Outstanding Balance
$121,021
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,001

Purchase Details

Closed on
Sep 26, 2018
Sold by
Wilmington Savings Fund Society
Bought by
Palmer Neal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2017
Sold by
Wojciehoski Kelly
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust
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
Byers Rebecca -- Community Title Co
Palmer Neal M $110,000 None Available
Wilmington Savings Fund Society Fsb -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byers Rebecca $136,000
Previous Owner Palmer Neal M $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $170,000 0.0% $174 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $170,000 -- $174 / 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 $1,015 $149,300 $47,700 $101,600
2023 $989 $140,800 $44,900 $95,900
2022 $989 $131,300 $44,900 $86,400
2021 $2,566 $127,000 $44,900 $82,100
2020 $969 $119,300 $42,700 $76,600
2019 $880 $109,900 $42,700 $67,200
2018 $2,300 $105,700 $42,700 $63,000
2017 $2,250 $100,300 $42,700 $57,600
2016 $2,169 $107,500 $43,000 $64,500
2014 $661 $101,400 $40,700 $60,700
2013 -- $85,800 $40,700 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR482665

Northwest Indiana Association of REALTORS®

APN: 64-09-01-327-003.000-003