NOT LISTED FOR SALE

5070 W State Road 120 Shipshewana, IN 46565

Estimated Value: $724,000 - $855,754

3 Beds
2.5 Baths
2,522 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $432,500 $171 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,346/month

170 Days on Market

Highlights

  • Horse Facilities
  • 12 Acre Lot
  • Partially Wooded Lot
  • Meadowview Elementary School Rated A
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of October 2015

Has a horse farm always been your dream? Wander down the lane from all the hustle & bustle to your home sweet home situated on a sprawling 12 acre property with views of woods, stream & fields. 50x100 Barn is all set up for your horses: 4 stalls, tack room, 3/4 bath, washer & dryer. Relaxing views from the large porch area lets you sit & watch wildlife and your horses! Walk into the home & you are greeted by a spacious open concept with 3 bedrooms and 3 full baths. Easy access to the office area from garage & front door for your daily business needs. As you enter the master level suite complete with bedroom, full bathroom, walk-in closet and laundry room with area set up for crafts or sewing projects. A couple steps down from main level you'll find 2 bedrooms & a full bath on the ground level. Full basement stays warm with hot water heat running thru floors above. Call today for your personal tour!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 2004

Lot Details

  • 12 Acre Lot
  • Lot Dimensions are 410 x 1270
  • Rural Setting
  • Partially Fenced Property
  • Irrigation
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 44-03-30-400-009.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2004
  • Age: 11
  • Style: One and Half Story
  • Total Number of Rooms: 11
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: OUT MID E/2 SE/4 12AC
  • Parcel Number ID: 44-03-30-400-009.000-017
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-9+, Ceilings-Vaulted, Closet(s) Walk-in, Deck Open, Disposal, Eat-In Kitchen, Irrigation System, Kitchen Island, Porch Covered, Twin Sink Vanity, Workshop
  • Location: Rural
  • Section Number: 30
  • Sp Lp Percent: 93.01
  • Special Features: None

Interior Features

  • Total Sq Ft: 3692
  • Total Finished Sq Ft: 2522
  • Above Grade Finished Sq Ft: 2522
  • Below Grade Sq Ft: 1170
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 13x16, On Level: Main
  • Kitchen: Dimensions: 14x27, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: On Level: N/A
  • Bedroom 1: Dimensions: 17x13, On Level: Upper
  • Bedroom 2: Dimensions: 9x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 1846
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1170

Exterior Features

  • Exterior: Cedar
  • Outbuilding1: Barn, Dimensions: 100x50
  • Fence: Partial

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x26
  • Garage Sq Ft: 676

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Propane, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 13xUpper, On Level: 10
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Horse Facilities

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 410 x 1270
  • Estimated Lot Sq Ft: 522720
  • Estimated Lot Size Acres: 12
  • Zoning: A Agricultural District

Tax Info

  • Annual Taxes: 1861
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Oct 7, 2015
Sold by
James D Hilgendorf
Bought by
Jacob Lantz and Linda Lantz
List Price
$465,000
Sold Price
$432,500
Premium/Discount to List
-$32,500
-6.99%
Current Estimated Value
$738,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,922
Avg. Annual Appreciation
5.53%
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
Jacob Lantz $432,500 Metropolitan Title Of Indiana
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lantz Jacob S $295,265
Open Lantz Jacob S $543,874
Closed Lantz S S $505,973
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $432,500 -7.0% $171 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $465,000 -- $184 / 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 $3,632 $561,100 $44,000 $517,100
2023 $2,697 $478,200 $40,800 $437,400
2022 $2,641 $443,400 $34,100 $409,300
2021 $2,439 $398,300 $30,000 $368,300
2020 $2,331 $375,000 $28,800 $346,200
2019 $2,219 $357,400 $28,000 $329,400
2018 $1,995 $325,300 $28,100 $297,200
2017 $1,855 $305,900 $29,000 $276,900
2016 $1,666 $276,900 $29,400 $247,500
2014 $1,795 $278,800 $31,500 $247,300
2013 $1,795 $280,200 $30,200 $250,000
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201512647

Indiana Regional MLS

APN: 44-03-30-400-009.000-017