NOT LISTED FOR SALE

5027 N West Shafer Dr Union Township, IN 47960

Estimated Value: $440,000 - $617,000

3 Beds
2 Baths
2,002 Sq Ft
$259/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $286,900 $143 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,088/month

22 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Lake Property
  • Traditional Architecture
  • Pier or Dock
  • Partially Wooded Lot
  • Cathedral Ceiling

About This Home

As of November 2020

Main Lake Shafer home setting on a 58x205 lot offering beautiful lake views and more! Constructed in 1993, this home has a lay out that takes advantage of the lake views. The main level offers an open concept floor plan with 2 large sliding glass doors that lead out to the lakeside deck. Also, the 1st floor includes the main bedroom and a full bathroom. Upstairs includes a a 2nd large bedroom. The walk out basement offers a family room with sliding glass doors to the the lakeside patio, a bedroom and a second bathroom. Recent updates include a newer steel sea wall and a roof. Interior amenities offer hardwood floors, cathedral ceilings, and a fireplace. Enjoy what he lake life has to offer from this well built lake home!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Listed on: 09/23/2020

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 58x205
  • 58 Feet of Waterfront
  • Lake Front
  • Wood Fence
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Breakfast Bar
  • Electric Dryer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Meadowlawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Shared Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 91-83-32-000-003.600-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1993
  • Age: 27
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OUT SW FRAX SW 32-28-03 .26
  • Parcel Number ID: 91-83-32-000-003.600-013
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Deck Open, Dryer Hook Up Electric, Patio Covered, Patio Open
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 98.97
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2002
  • Total Finished Sq Ft: 2002
  • Above Grade Finished Sq Ft: 1118
  • Below Grade Finished Sq Ft: 884
  • Price Per Sq Ft: 256.62
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Ceramic Tile
  • Living Great Room: Dimensions: 25x15, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: On Level: Main
  • Family Room: Dimensions: 23x18, On Level: Basement
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 18x14, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Basement
  • Main Level Sq Ft: 884
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 884

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x10
  • Fence: Wood
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock
  • Water Frontage: 58
  • Water Name: Lake Shafer

Utilities

  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Shared

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Meadowlawn
  • Middle School: Roosevelt
  • High School: Twin Lakes
  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Level, Partially Wooded, Waterfront-Medium Bank
  • Lot Dimensions: 58x205
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Tax Info

  • Annual Taxes: 1942.84

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 6, 2020
Sold by
Cielenski John A
Bought by
Lemen Todd A
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Christine Thayer
REAL ESTATE NETWORK L.L.C
List Price
$289,900
Sold Price
$286,900
Premium/Discount to List
-$3,000
-1.03%
Current Estimated Value
$519,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,463
Avg. Annual Appreciation
12.76%
Original Mortgage
$229,500
Outstanding Balance
$204,589
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$314,774
Source: Public Records

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
Lemen Todd A $286,900 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemen Todd A $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $286,900 -1.0% $143 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $289,900 -- $145 / 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 $4,013 $432,000 $111,600 $320,400
2023 $4,048 $409,100 $111,600 $297,500
2022 $3,330 $313,000 $111,600 $201,400
2021 $2,841 $259,600 $111,600 $148,000
2020 $2,079 $166,400 $90,100 $76,300
2019 $1,943 $157,200 $83,700 $73,500
2018 $1,846 $152,400 $83,700 $68,700
2017 $1,935 $151,300 $83,700 $67,600
2016 $1,782 $151,300 $83,700 $67,600
2014 $1,651 $152,500 $83,700 $68,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202038517

Indiana Regional MLS

APN: 91-83-32-000-003.600-013