NOT LISTED FOR SALE

51 Ems C24g Ln Warsaw, IN 46582

Estimated Value: $245,000 - $315,166

2 Beds
1 Bath
846 Sq Ft
$340/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $180,000 $213 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,721/month

3 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Pier or Dock
  • Lake Property
  • Warsaw Community High School Rated A-
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of April 2020

The lake life you've been dreaming of can now be a reality. Plus, LOW TAXES & NO FLOOD INSURANCE! This beautiful 2 Bedroom, 1 Bathroom home with a loft has been completely renovated and is move-in ready. Vaulted ceilings, gas fireplace and open concept. Just steps away from Chapman Lake and your very own pier space, this property will "wow" you in every category. Where else can you get an updated home on the lake for less than $200k? Imagine eating dinner on the beautiful deck as you take in the lake view and then taking an evening boat ride to watch the sun set. This property is all about a life style. If you love the idea of living on the lake at an affordable price, don't miss out. This one will sell quick! The property also comes with a detached, one car garage. 88 ft of lake frontage easement.

Last Agent to Sell the Property

Phillip Kuhn

RE/MAX Results- Warsaw Listed on: 03/05/2020

RE/MAX Results- Warsaw

Last Buyer's Agent

Phillip Kuhn

RE/MAX Results- Warsaw Listed on: 03/05/2020

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 44 x 25
  • 88 Feet of Waterfront
  • Backs to Open Ground

Parking

  • 1 Car Detached Garage

Home Design

  • Cabin
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 846 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Vinyl Flooring
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Harrison Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-07-26-300-274.000-016

Community Details

Overview

  • Osborn Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1958
  • Age: 62
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 029-103-111 LOT 36 OSBORNS SD & TR W LOT .03A
  • Parcel Number ID: 43-07-26-300-274.000-016
  • Platted: Yes
  • Amenities: Open Floor Plan
  • Grid: 10 - Central Kosc.
  • Location: Lake
  • Sp Lp Percent: 97.35
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 846
  • Total Finished Sq Ft: 846
  • Above Grade Finished Sq Ft: 846
  • Price Per Sq Ft: 212.77
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 10x21, On Level: Main
  • Kitchen: Dimensions: 19x7, On Level: Main
  • Bedroom 1: Dimensions: 18x9, On Level: Main
  • Bedroom 2: Dimensions: 11x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 88
  • Water Name: Big Chapman Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x22
  • Garage Sq Ft: 396
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Harrison
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Harrison

Lot Info

  • Lot Description: Waterfront, Water View
  • Lot Dimensions: 44 x 25
  • Lot Number: 36

Tax Info

  • Annual Taxes: 523
  • Exemptions: Homestead

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 21, 2020
Sold by
Ebnit Cody L
Bought by
Wilson Melani D and Polston Nathan
Seller's Agent
Phillip Kuhn
RE/MAX Results- Warsaw
Buyer's Agent
Phillip Kuhn
RE/MAX Results- Warsaw
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%
Current Estimated Value
$287,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,542
Avg. Annual Appreciation
9.19%
Original Mortgage
$142,000
Outstanding Balance
$127,200
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$156,850

Purchase Details

Closed on
Feb 1, 2019
Sold by
Davis Megan
Bought by
Ebnit Cody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,675
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
Crafton David E
Bought by
Davis Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Crafton David and Crafton Nanette
Bought by
Davis Megan

Purchase Details

Closed on
Sep 22, 2011
Sold by
Crafton David E and Crafton Nanette K
Bought by
Sherman J Sophia
Source: Public Records

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Range of Values:

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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
Wilson Melani D $180,000 Fidelity National Title Compan
Ebnit Cody L $127,500 Titan Title Services Llc
Davis Megan M $100,000 --
Davis Megan $100,000 North American Title Company
Davis Megan $100,000 None Available
Sherman J Sophia $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Melani D $142,000
Previous Owner Ebnit Cody L $123,675
Previous Owner Davis Megan $101,100
Closed Sherman J Sophia $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $180,000 -2.7% $213 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $184,900 -- $219 / 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 $1,497 $252,100 $115,000 $137,100
2023 $1,375 $241,400 $109,500 $131,900
2022 $1,195 $207,100 $93,700 $113,400
2021 $995 $178,700 $85,200 $93,500
2020 $695 $137,700 $82,700 $55,000
2019 $600 $127,400 $76,500 $50,900
2018 $523 $118,300 $72,200 $46,100
2017 $482 $115,500 $72,200 $43,300
2016 $510 $113,600 $72,200 $41,400
2014 $486 $111,900 $71,300 $40,600
2013 $486 $111,900 $71,300 $40,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202008271

Indiana Regional MLS

APN: 43-07-26-300-274.000-016