NOT LISTED FOR SALE

5110 E 585 S Wolcottville, IN 46795

Estimated Value: $557,000 - $668,000

3 Beds
2 Baths
1,576 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 19, 2013

Last sale price $174,000 $110 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $3,716/month

152 Days on Market

Highlights

  • 40 Feet of Waterfront
  • 1 Fireplace
  • Baseboard Heating
  • Lake Property
  • 1 Car Attached Garage
  • Waterski or Wakeboard

About This Home

As of November 2013

Don't delay... this is your chance for the season's best deal on Adams lakefront. The home offers 3 bedrooms and 2 full baths, charming decor and a lakeside deck which is the perfect spot to enjoy the sunsets. Best of all are the sandy lakefront and gorgeous view! Adams Lake is 308 acres, crystal clear water and the fish are biting! Property sold As Is. Providing Proof of Funds with all offers is strongly recommended. Investor Offers - Property must be listed for sale 15 days (offers submitted when the MLS states DOM 16 days) in the MLS before Investor offers will be considered. Owner Occupant Offers - Property must be listed for sale 3 days (offers submitted when MLS states DOM 4 days) in the MLS before Owner Occupant offers will be considered. This home is qualified for HomePath Renovation Mortgage and HomePath Mortage. Visit www.homepath.com for details. Buyer or Buyers Agent to verify tax amounts and status of exemptions prior to making an offer. The seller has directed that all of

Last Agent to Sell the Property

Stacy Rofkahr

Mike Thomas Associates Listed on: 05/02/2013

Mike Thomas Associates

Last Buyer's Agent

Pam Doty

RE/MAX Results - Angola office

RE/MAX Results - Angola office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x120
  • 40 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

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

Schools

  • Wolcott Mills Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Oak Shade / Oakshade Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,258

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1930
  • Age: 83
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Oakshade 2nd Add Lot 8 |
  • Parcel Number ID: 00-00-00-000-000.000-000
  • Platted: Yes
  • Location: Lake
  • Section Number: 2
  • Sp Lp Percent: 99.49
  • Year Taxes Payable: 2012/2013
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Total Sq Ft: 1576
  • Total Finished Sq Ft: 1576
  • Above Grade Finished Sq Ft: 1576
  • Price Per Sq Ft: 110.41
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x24, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 16x12, On Level: Main
  • Extra Room: Den, On Level: Main
  • Bedroom 1: Dimensions: 20x11, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x8, On Level: Main
  • Main Level Sq Ft: 912
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 40
  • Water Name: Adams Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x20
  • Garage Sq Ft: 280
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Gas, Baseboard
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Lakeland School Corp
  • Elementary School: Wolcott Mills
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr
  • Elementary School: Wolcott Mills

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 40x120
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Tax Info

  • Annual Taxes: 2258.16

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Nov 19, 2013
Sold by
Federal National Mortgage Asso
Bought by
Jeffrey Peters and Kristine Peters
Seller's Agent
Stacy Rofkahr
Mike Thomas Associates
Buyer's Agent
Pam Doty
RE/MAX Results - Angola office
List Price
$226,900
Sold Price
$174,000
Premium/Discount to List
-$52,900
-23.31%
Current Estimated Value
$617,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,634
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Dec 19, 2012
Source: Public Records

Range of Values:

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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
Jeffrey Peters $174,000 Statewide Title Company Inc
-- $242,200 Feiwell & Hannoy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Jeffrey $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2013 11/19/13 Sold $174,000 -23.3% $110 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $226,900 -- $144 / 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 $4,017 $482,600 $180,800 $301,800
2023 $3,885 $459,000 $172,200 $286,800
2022 $3,843 $421,500 $149,800 $271,700
2021 $3,261 $368,100 $136,100 $232,000
2020 $3,278 $334,700 $124,400 $210,300
2019 $3,282 $325,700 $124,400 $201,300
2018 $3,337 $314,000 $124,400 $189,600
2017 $3,140 $300,600 $124,400 $176,200
2016 $1,868 $182,200 $85,900 $96,300
2014 $2,080 $205,200 $85,900 $119,300
2013 $2,080 $188,300 $85,900 $102,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 532989

Indiana Regional MLS

APN: 44-10-24-300-020.006-010