NOT LISTED FOR SALE

51111 Covington Shores Dr Granger, IN 46530

Estimated Value: $740,000 - $818,936

4 Beds
3.5 Baths
4,290 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $530,000 $124 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,736/month

2 Days on Market

Highlights

  • 51 Feet of Waterfront
  • Pier or Dock
  • Primary Bedroom Suite
  • Northpoint Elementary School Rated A
  • Private Beach
  • 1.04 Acre Lot

About This Home

As of June 2018

Lovely executive style home located on the lake in Covington Shores! 2 story entry and great room and loads of natural light will greet you at the door! Main level master bedroom with walk-in tile shower, quartz double vanity and corner tub. Open concept living with hardwood floors! Updated kitchen with Silestone quartz countertops, tile backslash and stainless steel appliances! 3 bedrooms on the 2nd floor with landing space. NEW ROOF with 50 year transferable warranty! Professionally landscaped with new Ipe deck, pier, and outdoor lighting all done by Linton's. Lots of memories will be made in this fenced backyard. Sunsetter awning over the back deck! Finished lower level with newly added egress window, full bath plus exercise room/potential 5th bedroom. Simply a pleasure to show! Schedule your showing today!

Last Agent to Sell the Property

Mary Dale

Coldwell Banker Real Estate Group Listed on: 04/19/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jan Lazzara

RE/MAX 100

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 2001

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 127x355
  • 51 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Backs to Open Ground
  • Rural Setting
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Irrigation

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 71-04-14-202-009.000-011

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,258

Year Built

Built in 2001

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Age: 17
  • Style: Two Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 199 Covington Shores at Knollwood Section One |
  • Parcel Number ID: 71-04-14-202-009.000-011
  • Platted: Yes
  • Amenities: Built-In Speaker System, Cable Ready, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Deck Covered, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Gas, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Irrigation System, Kitchen Island, Landscaped, Open Floor Plan, Range/Oven Hook Up Elec, Twin Sink Vanity, Wiring-Security System, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Rural Subdivision, Near Walking Trail
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 4723
  • Total Finished Sq Ft: 4290
  • Above Grade Finished Sq Ft: 2845
  • Below Grade Finished Sq Ft: 1445
  • Below Grade Sq Ft: 433
  • Price Per Sq Ft: 186.29
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 20x16, On Level: Main
  • Kitchen: Dimensions: 20x15, On Level: Main
  • Breakfast Room: On Level: Main
  • Dining Room: Dimensions: 13x13, On Level: Main
  • Family Room: Dimensions: 24x19, On Level: Lower
  • Den: Dimensions: 16x11, On Level: Main
  • Recreation Room: Dimensions: 27x21, On Level: Lower
  • Extra Room: Exercise Room, Dimensions: 15x11, On Level: Lower
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 15x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Loft: Dimensions: 14x7, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1878

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Dimensional Shingles
  • Outbuilding1: None
  • Fence: Chain Link
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 51

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 19x30
  • Garage Sq Ft: 570
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 7
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 340
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Northpoint
  • Middle School: Discovery
  • High School: Penn

Lot Info

  • Lot Description: Level, 0-2.9999, Lake
  • Lot Dimensions: 127x355
  • Estimated Lot Sq Ft: 45085
  • Estimated Lot Size Acres: 1.035
  • Lot Number: 199

Tax Info

  • Annual Taxes: 5258
  • Total Assessed Value: 568400
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 6, 2018
Sold by
Hamilton Mark B and Hamilton Elisabeth S
Bought by
Reddy Jagadeesh V and Chandrashekar Sushma
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
Jan Lazzara
RE/MAX 100
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$788,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,979
Avg. Annual Appreciation
5.61%
Original Mortgage
$424,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 13, 2018
Sold by
Hamilton Mark B and Hamilton Elisabeth S
Bought by
Reddy Jagadeesh V and Chandrashekar Sushma
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
Jan Lazzara
RE/MAX 100
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Heck Terry L and Heck Charlotte
Bought by
Hamilton Mark B and Hamilton Elisabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
Heffron Ken J and Heffron Julie An
Bought by
Heck Terry L and Heck Charlotte
Source: Public Records

Range of Values:

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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
Reddy Jagadeesh V -- None Listed On Document
Reddy Jagadeesh V -- None Available
Hamilton Mark B -- --
Heck Terry L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Jagadeesh V $424,000
Closed Reddy Jagadeesh V $424,000
Previous Owner Hamilton Mark B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $530,000 0.0% $124 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $530,000 -- $124 / 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 $6,299 $747,700 $147,000 $600,700
2023 $6,251 $678,800 $147,100 $531,700
2022 $6,788 $678,800 $147,100 $531,700
2021 $5,732 $568,400 $72,900 $495,500
2020 $4,770 $473,600 $60,100 $413,500
2019 $5,481 $544,300 $154,300 $390,000
2018 $6,098 $573,500 $160,100 $413,400
2017 $6,303 $568,400 $160,100 $408,300
2016 $5,303 $481,800 $134,600 $347,200
2014 $4,924 $424,400 $134,800 $289,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201815402

Indiana Regional MLS

APN: 71-04-14-202-009.000-011