NOT LISTED FOR SALE

505 E Sycamore St Silver Lake, IN 46982

Estimated Value: $184,000 - $223,285

4 Beds
1 Bath
1,980 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $122,000 $62 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,197/month

33 Days on Market

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • Covered Patio or Porch
  • Edgewood Middle School Rated A
  • Corner Lot
  • 4 Car Detached Garage

About This Home

As of January 2020

There's so much to appreciate with your new 4 bedroom, 1 bathroom home on a large corner lot in Silver Lake. You'll never run out of room with the 4 car garage, yes 4 car garage! And the spacious, partially fenced yard has plenty of room for all of your outdoor activities. Come warm weather you'll love the in-ground pool and all the fun it provides. Inside the home you'll appreciate the nearly 2000 sq. ft., the large rooms, and the some of the finer details: cedar closets, a water-proofed basement, water softener AND R.O. system, a long-life metal roof, the included appliances: washer, dryer, water softener, chest freezer, high efficiency HVAC system and a solar heat source to keep your utility bills low. Come check out your new home today.

Last Agent to Sell the Property

James Bausch

RE/MAX Results Listed on: 12/11/2019

RE/MAX Results

Last Buyer's Agent

Carol Presley-Ousley

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1951

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 75 x 132
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Double Pane Windows
  • Pull Down Stairs to Attic
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by active solar

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 43-18-08-400-041.000-014

Community Details

Overview

  • Fair View / Fairview Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 1951

Lot Details

0.45 Acres

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1951
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 018-066-026 LOTS 7, 8 & 9 FAIRVIEW ADD
  • Parcel Number ID: 43-18-08-400-041.000-014
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Built-In Bookcase, Closet(s) Cedar, Dryer Hook Up Gas/Elec, Garage Door Opener, Patio Covered, Porch Covered, Tub/Shower Combination, Washer Hook-Up
  • Grid: 30 - S.W. Kosc.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2509
  • Total Finished Sq Ft: 1980
  • Above Grade Finished Sq Ft: 1980
  • Below Grade Sq Ft: 529
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 25x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 21x12, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 20x15, On Level: Upper
  • Bedroom 4: Dimensions: 20x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 529

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 10x8
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Chain Link

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 22x44
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Solar, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: Active Solar Heating, Ceiling Fan, High Efficiency Furnace

Schools

  • Elementary School: Claypool

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 75 x 132
  • Estimated Lot Sq Ft: 19602
  • Estimated Lot Size Acres: 0.45
  • Lot Number: 7

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1295

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jan 17, 2020
Sold by
Conley Lester and Conley Angel L
Bought by
Drummond Jody
Seller's Agent
James Bausch
RE/MAX Results
Buyer's Agent
Carol Presley-Ousley
RE/MAX Results
List Price
$125,000
Sold Price
$122,000
Premium/Discount to List
-$3,000
-2.4%
Current Estimated Value
$205,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,071
Avg. Annual Appreciation
8.92%
Original Mortgage
$97,600
Outstanding Balance
$86,233
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$118,838

Purchase Details

Closed on
Oct 4, 2019
Sold by
Sells Michael D and Marilyn I Sells Revocable Trus
Bought by
Conley Lester and Conley Angel L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Drummond Jody -- None Available
Conley Lester $90,000 Center Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Jody $97,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $122,000 -2.4% $62 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $125,000 -- $63 / Sq Ft
Source: Indiana Regional MLS

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 $1,684 $163,600 $20,200 $143,400
2023 $1,820 $155,100 $20,200 $134,900
2022 $1,614 $143,300 $17,000 $126,300
2021 $1,342 $120,200 $17,000 $103,200
2020 $1,367 $113,600 $12,500 $101,100
2019 $1,337 $113,800 $12,500 $101,300
2018 $1,325 $111,700 $12,500 $99,200
2017 $1,210 $109,000 $12,500 $96,500
2016 $1,097 $101,300 $8,800 $92,500
2014 $1,123 $108,400 $12,800 $95,600
2013 $1,123 $108,400 $12,800 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201952381

Indiana Regional MLS

APN: 43-18-08-400-041.000-014

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