NOT LISTED FOR SALE

506 Indian Ln Leesburg, FL 34748

Estimated Value: $223,000 - $239,394

3 Beds
1.5 Baths
1,291 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $153,000 $119 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,406/month

4 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Lake View
  • No HOA
  • Tile Flooring

About This Home

As of May 2019

100% USDA loan eligible MOVE IN READY! This 3 bedroom, 1.5 bath home offers incredible water views of Dyches Lake and water views/access in the backyard. Home has oak parquet flooring, crown molding throughout, and a bonus room off the kitchen perfect for entertaining or used as a second family room. The bathrooms have been beautifully remodeled and include new vanities, flooring, and tile in the shower. Backyard is fully fenced and is the only lot that has a dock that is grandfathered in. This house is a must have! Don't miss your opportunity to own this panoramic water view house with no HOA!

Last Agent to Sell the Property

Matthew Wheatley

WHEATLEY REALTY GROUP License #3191795 Listed on: 04/04/2019

Last Buyer's Agent

Rena MacPhee

ARROW REALTY & INVESTMENTS INC License #3397854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1970

Lot Details

  • 6,000 Sq Ft Lot
  • 40 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 1,291 Sq Ft Home
  • Ceiling Fan
  • Lake Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Additional Features

  • Access To Lake
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Leesburg Stoer Island Pt Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stone, Wood Frame
  • Fireplace: No
  • Living Area: 1291
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1970
  • Lot Size Sq Ft: 6000
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5014198&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5014198&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9871
  • Price per Sq Ft: 118.51
  • Close to Original List Price Ratio: 0.9871
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Dyches Lake
  • Waterfront: Yes
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0317E
  • Waterfront Frontage: 40
  • Water Frontage Feet Lake: 40

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1
  • Parcel Number: 28-19-24-1100-000-00100
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 977
  • Tax Block: 0
  • Tax Book Number: 16-60
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 20, 2019
Sold by
Edmondson Jennifer H
Bought by
Stewart Lucas Daniel
Seller's Agent
Matthew Wheatley
WHEATLEY REALTY GROUP
Buyer's Agent
Rena MacPhee
ARROW REALTY & INVESTMENTS INC
List Price
$155,000
Sold Price
$153,000
Premium/Discount to List
-$2,000
-1.29%
Current Estimated Value
$233,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,349
Avg. Annual Appreciation
6.77%
Original Mortgage
$156,289
Outstanding Balance
$137,131
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$96,218

Purchase Details

Closed on
May 26, 2016
Sold by
Bowles Chrisopher T and Bowles Meagan
Bought by
Edmondson Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,110
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2008
Sold by
Skinner Betty P
Bought by
Bowles Christopher T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Hetchler Lon B and Hetchler Sandy L
Bought by
Skinner Betty P

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
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Knowles David A and Knowles Cheryl B
Bought by
Hetchler Lon B and Hetchler Sandy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Stewart Lucas Daniel $153,000 Fidelity Natl Ttl Of Fl Inc
Edmondson Jennifer H $110,000 Clear Title Of Florida Llc
Bowles Christopher T $110,000 Attorney
Skinner Betty P $110,000 --
Hetchler Lon B $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Lucas Daniel $156,289
Previous Owner Edmondson Jennifer H $113,110
Previous Owner Bowles Christopher T $110,000
Previous Owner Skinner Betty P $88,000
Previous Owner Hetchler Lon B $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $153,000 -1.3% $119 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $155,000 -- $120 / Sq Ft
Source: Stellar 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
2025 $2,138 $174,400 -- --
2024 $2,138 $174,400 -- --
2023 $2,138 $164,390 $0 $0
2022 $2,092 $159,607 $28,800 $130,807
2021 $2,185 $125,147 $0 $0
2020 $2,324 $125,147 $0 $0
2019 $1,003 $92,108 $0 $0
2018 $977 $92,108 $0 $0
2017 $1,581 $83,975 $0 $0
2016 $532 $51,895 $0 $0
2015 $543 $51,535 $0 $0
2014 $487 $51,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Wheatley

    Seller's Agent in 2019

    Matthew Wheatley

    WHEATLEY REALTY GROUP

    (407) 702-8351

    7 in this area

    225 Total Sales

    Matthew Wheatley
    Section Image
  • Rena MacPhee

    Buyer's Agent in 2019

    Rena MacPhee

    ARROW REALTY & INVESTMENTS INC

    (352) 360-5587

    5 in this area

    42 Total Sales

    Rena MacPhee
    Section Image
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Map

Source: Stellar MLS

MLS Number: G5014198

Stellar MLS

APN: 28-19-24-1100-000-00100

Florida Lake County Leesburg 34748

506 Indian Ln, Leesburg, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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