$525,000
SOLD NOV 19, 2014
5 Beds
4.5 Baths
4,581 Sq Ft
0.83 Acres

Recently Sold

$115 Per Sq Ft

12% Below List Price

185 Days on Market

Highlights

  • 118 Feet of Waterfront
  • In Ground Pool
  • Open Floorplan
  • Northpoint Elementary School Rated A
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of September 2023

Granger Knollwood Community of Covington Shores on Lake Heatherton, Custom built 5BR, 4.5 BA, 1st floor MBR, w/ in-ground pool & Northpoint/PHM school. Approx 4500 finished sq ft includes lower level. High volume ceilings in Great Room & Study/Office. Custom designed Kit w/ island, abundant cabinetry & zodiaq counters w/ stainless steel appliances. Owner updates: Installed approx 1300 sq ft of Mohawk Engineered Hand-scraped Hardwood flooring (not a laminate per installer) in Foyer, Din Rm, Study, Great Room, Hall & upper hall, Interior paint in Kit/Great Rm/Din Rm, Halls & MBR, new carpet in MBR & stair runner, installed fence & landscaping around pool. Fenced in ground Pool has remote locking cover. 2 BR's share Jack'n'Jill BA & 4th BR is ensuite w/ full BA. Lower Level features Pool Table area, Theatre Room area with Theatre Screen included, 5th BR w/ 2 large look-out windows, 4th BA, & 2nd Office/Craft Rm plus plenty of storage area. High eff furnace & 2 water heaters. Tiered Deck overlooks large yard, fenced pool & Lake Heatherton. All dimensions/ measurements & taxes approx & not warranted.

Last Agent to Sell the Property

Barb Foster

Milestone Realty, LLC Listed on: 04/13/2014

Last Buyer's Agent

Karen Seiler

Howard Hanna SB Real Estate

Howard Hanna SB Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 2003

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 118 x 305
  • 118 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Aluminum or Metal Fence
  • Landscaped
  • Irrigation

HOA Fees

  • $28 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-04-14-153-007.000-011

Community Details

Recreation

  • Community Pool

Additional Features

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,520

Year Built

Built in 2003

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 11
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 17
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 274 Covington Shores @ Knollwood Phase 2 Sec 1 02-03 New Replat TR 8047 10-09-2001
  • Parcel Number ID: 71-04-14-153-007.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Cable Available, Ceiling-9+, Ceiling Fan(s), Chair Rail, Closet(s) Walk-in, Countertops-Stone, Crown Molding, Deck Open, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Irrigation System, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Range/Oven Hook Up Elec, Twin Sink Vanity, Utility Sink, 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, Jack & Jill Bath
  • Cross Street: Ravinia
  • Grid: Harris
  • Location: City/Town/Suburb, Near College Campus
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.22
  • State Id: 0061005003665
  • Special Features: None

Interior Features

  • Total Sq Ft: 5272
  • Total Finished Sq Ft: 4581
  • Above Grade Finished Sq Ft: 3181
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 691
  • Basement: Yes
  • Basement Foundation: Daylight, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 16x23, On Level: Main
  • Kitchen: Dimensions: 15x19, On Level: Main
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Family Room: On Level: Lower
  • Den: Dimensions: 12x13, On Level: Main
  • Recreation Room: On Level: Lower
  • Bedroom 1: Dimensions: 16x17, On Level: Main
  • Bedroom 2: Dimensions: 14x16, On Level: Upper
  • Bedroom 3: Dimensions: 12x17, On Level: Upper
  • Bedroom 4: Dimensions: 12x16, On Level: Upper
  • Bedroom 5: Dimensions: 12x16, On Level: Lower
  • Other Room1: 2nd Office/ Craft Room, Dimensions: 7x10, On Level: Lower
  • 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: 2091

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Metal
  • Water Frontage: 118

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x24
  • Garage Sq Ft: 816

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 340
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 118 x 305
  • Estimated Lot Sq Ft: 35990
  • Estimated Lot Size Acres: 0.8262
  • Lot Number: 274

Green Features

  • Energy Efficient: HVAC, Water Heater

Tax Info

  • Annual Taxes: 6520
  • Total Assessed Value: 507900
  • Exemptions: Homestead, Mortgage
  • Tax Code: Tax Code 06-Harris

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Sep 15, 2023
Sold by
Palmer Dean E and Palmer Melanie K
Bought by
Good Aaron and Good Erin
Seller's Agent
Lori Johnston
Cressy & Everett - South Bend
Buyer's Agent
Lori Johnston
Cressy & Everett - South Bend
List Price
$799,900
Sold Price
$795,000
Premium/Discount to List
-$4,900
-0.61%
Total Days on Market
185
Views
2
Current Estimated Value
$785,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,428
Avg. Annual Appreciation
-0.70%
Original Mortgage
$495,000
Outstanding Balance
$475,879
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$309,693

Purchase Details

Closed on
Aug 1, 2014
Sold by
Saar Edward A and Saar Mary Ellen
Bought by
Palmer Dean E and Palmer Melanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.5%

Purchase Details

Listed on
May 29, 2012
Closed on
Jul 26, 2012
Sold by
Clark Ron and Clark Norma H
Bought by
Saar Edward A and Saar Mary Ellen
Seller's Agent
Deborah Crowder
At Home Realty Group
Buyer's Agent
Barb Foster
Milestone Realty, LLC
List Price
$569,900
Sold Price
$510,000
Premium/Discount to List
-$59,900
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$408,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2010
Sold by
Crawford Gerald E and Crawford Michelle J
Bought by
Clark Ron and Clark Norma H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.01%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $795,000 Fidelity National Title Compan
Warranty Deed -- Metropolitan Title
Warranty Deed -- Metropolitan Title In Llc
Warranty Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $420,000 No Value Available
Previous Owner $408,000 Adjustable Rate Mortgage/ARM
Previous Owner $60,000 Credit Line Revolving
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $795,000 -0.6% $178 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $799,900 +52.4% $179 / Sq Ft
11/19/2014 11/19/14 Sold $525,000 -12.5% $115 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
04/13/2014 04/13/14 For Sale $599,900 +17.6% $131 / Sq Ft
08/01/2012 08/01/12 Sold $510,000 -10.5% $115 / Sq Ft
07/04/2012 07/04/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $569,900 -- $128 / 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 $5,345 $800,500 $187,700 $612,800
2023 $7,087 $559,800 $155,700 $404,100
2022 $7,087 $684,900 $187,600 $497,300
2021 $5,705 $546,100 $93,100 $453,000
2020 $4,775 $456,200 $76,700 $379,500
2019 $5,174 $495,800 $132,400 $363,400
2018 $5,785 $531,700 $144,700 $387,000
2017 $5,944 $588,400 $144,700 $443,700
2016 $5,712 $500,300 $121,700 $378,600
2014 $6,166 $504,000 $121,800 $382,200
2013 $6,516 $507,900 $121,800 $386,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201412172

Indiana Regional MLS

APN: 71-04-14-153-007.000-011