NOT LISTED FOR SALE

503 W Lake St Topeka, IN 46571

Estimated Value: $272,000 - $368,000

4 Beds
1.5 Baths
2,832 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $115,000 $41 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,952/month

201 Days on Market

Highlights

  • 2 Car Attached Garage
  • Hot Water Heating System
  • Wood Burning Fireplace
  • Westview Elementary School Rated A-
  • Level Lot

About This Home

As of May 2015

Very charming Topeka home with the country setting is ready for you to move right in! 3/4 of an acre just west of town with 4 bedrooms and 1.5 baths. This lovely home is nearly a century old and has only had 2 owners. Includes several original built-in's and historical character throughout. Relax in the early morning on the front porch, and then in the hot tub on the back 3 seasons room in the evening. Owners say that "Our neighbors are the best you will ever find". Enjoy the conveniences of being close to downtown Topeka as well as breathing space of the country setting. Call for a showing today!

Last Agent to Sell the Property

Jody Holsinger

Mike Thomas Associates Listed on: 09/22/2014

Co-Listed By

Ashley Skinner

Mike Thomas Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1904

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 151x225
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Suburban Location
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 44-12-36-200-001.067-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1904
  • Age: 111
  • Style: Two Story
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: OUT NE COR NW 1/4 NE 1/4 LESS N .74 AC END
  • Parcel Number ID: 44-12-36-200-001.067-008
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.91
  • Special Features: None

Interior Features

  • Total Sq Ft: 3912
  • Total Finished Sq Ft: 2832
  • Above Grade Finished Sq Ft: 2832
  • Below Grade Sq Ft: 1080
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Living Great Room: Dimensions: 16x19, On Level: Main
  • Kitchen: Dimensions: 12x16, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Den: Dimensions: 9x13, On Level: Main
  • Bedroom 1: Dimensions: 21x13, On Level: Upper
  • Bedroom 2: Dimensions: 9x13, On Level: Upper
  • Bedroom 3: Dimensions: 10x17, On Level: Upper
  • Bedroom 4: Dimensions: 8x12, On Level: Upper
  • Other Room1: Foyer, Dimensions: 13x10, On Level: Main
  • Other Room 2: 4 Seasons, Dimensions: 14x20, On Level: Main
  • Main Level Sq Ft: 1556
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1080

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480

Utilities

  • Heating Fuel: Electric, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 8xMain, On Level: 10

Schools

  • School District: Westview School Corp.
  • Elementary School: Topeka
  • Middle School: Westview
  • High School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 151x225
  • Estimated Lot Sq Ft: 32234
  • Estimated Lot Size Acres: 0.74

Tax Info

  • Annual Taxes: 1578.8
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
May 22, 2015
Sold by
Ronald Ritchie
Bought by
Orva Lehman and Rosetta Lehman
Seller's Agent
Jody Holsinger
Mike Thomas Associates
List Price
$150,000
Sold Price
$115,000
Premium/Discount to List
-$35,000
-23.33%
Current Estimated Value
$312,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,984
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
Orva Lehman $115,000 Lakeland Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $115,000 -23.3% $41 / Sq Ft
04/11/2015 04/11/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $150,000 -- $53 / 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 $2,857 $249,600 $29,100 $220,500
2023 $2,827 $244,300 $28,300 $216,000
2022 $2,996 $235,600 $24,600 $211,000
2021 $2,896 $212,700 $24,600 $188,100
2020 $2,951 $208,700 $25,200 $183,500
2019 $2,912 $207,600 $25,200 $182,400
2018 $2,965 $206,500 $25,200 $181,300
2017 $2,806 $191,700 $25,200 $166,500
2016 $1,656 $165,400 $25,200 $140,200
2014 $1,647 $164,500 $20,100 $144,400
2013 $1,647 $157,700 $20,100 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201442134

Indiana Regional MLS

APN: 44-12-36-200-001.067-008