NOT LISTED FOR SALE

Estimated Value: $873,000 - $919,000

4 Beds
3.5 Baths
5,000 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $490,000 $98 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,499/month

8 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake, Pond or Stream
  • Whirlpool Bathtub
  • Northpoint Elementary School Rated A
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of April 2014

OPEN AND FLOWING PLAN CENTERING ON 2 STORY GREAT ROOM. AS NEW-EXCELLENT CONDITION. 9' MAIN FLOOR WITH FORMAL LR/DR, GREAT ROOM, SUN ROOM/OFFICE, MUD ROOM/LAUNDRY AREA. KITCHEN W/SS APPLIANCES SOLID SURFACE TOPS, WALK IN PANTRY. DUAL STAIRCASES ACCESS UPSTAIRS W/ 4 BDRMS, 2 BATHS PLUS SECOND FR WITH SURROUND SOUND. MASTER SUITE W/ LARGE HIS AND HER WALK IN CLOSETS, VAULTED CEILING. FINISHED WALK OUT BSMNT WITH FULL BATH, WET BAR, GAME AND TV AREA WITH SECOND SURROUND SOUND SYSTEM. WHOLE HOUSE STEREO SYSTEM AS WELL. SECURITY SYSTEM. DUAL HEAT AND AIR. GREAT LAKE VIEWS. GREAT FLOOR PLAN. A PLEASURE TO VIEW. OVERSIZED GARAGE AREA FOR EXTRA STORAGE.

Last Agent to Sell the Property

William McCarthy

RE/MAX 100 Listed on: 02/20/2014

RE/MAX 100

Co-Listed By

Lisa Mccarthy

RE/MAX 100

Last Buyer's Agent

William McCarthy

RE/MAX 100 Listed on: 02/20/2014

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 2002

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 225x140
  • 50 Feet of Waterfront
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Irrigation

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Flooring
  • Home Security System
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-04-14-251-023.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,038

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2002
  • Age: 12
  • Style: Two Story
  • Total Number of Rooms: 16
  • 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 116 Covington Shores
  • Parcel Number ID: 71-04-14-251-023.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Ceiling Fan(s), Deck Open, Disposal, Garage Door Opener, Jet Tub, Irrigation System, Patio Open, Wet Bar
  • Grid: Harris
  • Sp Lp Percent: 98.02
  • State Id: 06-1005-003862
  • Special Features: None

Interior Features

  • Total Sq Ft: 5500
  • Total Finished Sq Ft: 5000
  • Above Grade Finished Sq Ft: 3500
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 500
  • Basement Foundation: Walk-Out Basement, Finished
  • Fireplace: Gas Log
  • Flooring: Hardwood Floors
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Basement
  • Den: On Level: Main
  • Bedroom 1: Dimensions: 14x18, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x16, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2000

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Frontage: 50
  • Water Name: Camelot Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 23x34
  • Garage Sq Ft: 782

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Rolling, Waterfront
  • Lot Dimensions: 225x140
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75

Tax Info

  • Annual Taxes: 5037.5
  • Total Assessed Value: 434100
  • Tax Code: Tax Code 06-Harris

Multi Family

  • Water Access: Frontage Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2014
Closed on
Apr 16, 2014
Sold by
Sammut Trust
Bought by
Rizvi Syed and Basheer Uzma
Seller's Agent
William McCarthy
RE/MAX 100
Buyer's Agent
William McCarthy
RE/MAX 100
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$895,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,245
Avg. Annual Appreciation
5.32%
Original Mortgage
$392,000
Outstanding Balance
$300,502
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$581,546

Purchase Details

Closed on
Jul 19, 2007
Sold by
Sammut John T and Sammut Margaret D
Bought by
Sammut Margarert D and Margaret D Sammut Revocable Trust
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
Rizvi Syed -- Meridian Title
Sammut Margarert D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rizvi Syed $392,000
Previous Owner Sammut John T $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2014 04/22/14 Sold $490,000 -2.0% $98 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $499,900 -- $100 / 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 $7,447 $850,200 $242,200 $608,000
2023 $7,399 $778,900 $242,200 $536,700
2022 $7,921 $792,100 $242,200 $549,900
2021 $6,304 $625,600 $120,100 $505,500
2020 $5,208 $516,000 $99,100 $416,900
2019 $5,736 $568,800 $170,900 $397,900
2018 $6,192 $585,200 $163,800 $421,400
2017 $6,409 $580,700 $163,800 $416,900
2016 $5,392 $492,100 $137,700 $354,400
2014 $5,852 $498,600 $137,800 $360,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201403733

Indiana Regional MLS

APN: 71-04-14-251-023.000-011