NOT LISTED FOR SALE

519 E Val Ln Marion, IN 46952

Estimated Value: $314,390 - $385,000

3 Beds
2 Baths
2,077 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 03, 2025

Last sale price $360,000 $173 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,043/month

17 Days on Market

Highlights

  • 138 Feet of Waterfront
  • Spa
  • Open Floorplan
  • Pier or Dock
  • Primary Bedroom Suite
  • Lake, Pond or Stream

About This Home

As of February 2025

STUNNING LAKEFRONT RANCH WITH PANORAMIC VIEWS OF BLUE HERON LAKE! This meticulously maintained brick home offers the perfect blend of comfort and lakeside living. Enjoy breathtaking views from nearly every room of this open-concept home, featuring 3 bedrooms and 2 baths on a generous 0.55 acre lot. The heart of this home showcases a thoughtfully designed kitchen with built-in appliances, composite butler sink with RO filtration, and a convenient island perfect for entertaining. The expansive living area boasts a linear electric fireplace, elegant crown molding, and leads to a sun-drenched 31-foot sunroom with Andersen windows. Primary suite features French doors opening to a private deck with hot tub, dual closets, and an ensuite bath with double vanity and large shower. Two additional bedrooms, each 11'x16' with large closets, provide ample space for family or guests. Outdoor living at its finest with a 23'x12.5' screened-in back porch, extensive paver patio, and professional landscaping. Hot tub included. Shed is 10x16 with built in shelving.

Last Agent to Sell the Property

E Marie Lloyd

Metz Phillipy Real Estate Brokerage Phone: 260-571-4161 Listed on: 01/14/2025

Last Buyer's Agent

Joe Schroder

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1978

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 134x180
  • 138 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Property is zoned R1

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • Open Floorplan
  • Crown Molding
  • Ventless Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Sun Deck
  • Seawall
  • Lake, Pond or Stream
  • Patio

Location

  • Suburban Location

Schools

  • Allen/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 27-02-29-204-013.000-032
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,660

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1978
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M LOT 4 WAGNER LAKE ADD M PT N NW SEC 29; 0.12 A
  • Parcel Number ID: 27-02-29-204-013.000-032
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Closet(s) Cedar, Countertops-Solid Surf, Crown Molding, Deck Open, Deck on Waterfront, Detector-Carbon Monoxide, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Porch Covered, Porch Screened, Range/Oven Hook Up Elec, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Cross Street: State Road 9
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 29
  • Zoning Description: Residential Suburban
  • County Zoning: R1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2077
  • Total Finished Sq Ft: 2077
  • Above Grade Finished Sq Ft: 2077
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Ventless
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 15x19, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 17x13, On Level: Main
  • Bedroom 1: Dimensions: 13x16, On Level: Main
  • Bedroom 2: Dimensions: 11x16, On Level: Main
  • Bedroom 3: Dimensions: 11x16, On Level: Main
  • Other Room1: Kitchen Island Area, Dimensions: 9x8, On Level: Main
  • Main Level Sq Ft: 2077
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Composite, Shingle
  • Outbuilding1: Shed, Dimensions: 10x16, 160
  • Lake Type: Non Ski Lake
  • Sea Wall Type: Rip Rap, Steel
  • Water Features: Pier/Dock
  • Water Frontage: 138

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Electric, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Water Company: Marion Utilities
  • Laundry: Dimensions: Mainx8, On Level: 12
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Allen/Justice

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 134x180
  • Estimated Lot Sq Ft: 23958
  • Estimated Lot Size Acres: 0.55
  • Lot Number: 4

Tax Info

  • Annual Taxes: 1660

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Marion
  • Middle School: McCulloch/Justice
  • School District: Marion Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 3, 2025
Sold by
Kroemer Leslie A and Kroemer Patricia S
Bought by
Brooks Steven G and Brooks Terri A
Seller's Agent
E Marie Lloyd
Metz Phillipy Real Estate
Buyer's Agent
Joe Schroder
RE/MAX Realty One
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%
Views
15
Current Estimated Value
$356,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,902
Avg. Annual Appreciation
-1.08%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Krohn William D
Bought by
Kroemer Leslie A and Kroemer Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,007
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Brooks Steven G -- None Listed On Document
Kroemer Leslie A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kroemer Leslie A $111,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $360,000 +4.3% $173 / Sq Ft
01/14/2025 01/14/25 For Sale $345,000 -- $166 / Sq Ft
Source: Indiana Regional MLS

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 $1,830 $265,100 $38,700 $226,400
2023 $1,618 $250,000 $38,700 $211,300
2022 $1,603 $218,900 $35,400 $183,500
2021 $1,476 $194,400 $35,400 $159,000
2020 $1,289 $196,600 $35,400 $161,200
2019 $1,081 $182,900 $35,400 $147,500
2018 $929 $174,700 $35,400 $139,300
2017 $803 $166,000 $35,400 $130,600
2016 $682 $155,800 $34,400 $121,400
2014 $695 $157,900 $34,400 $123,500
2013 $695 $137,700 $34,400 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202501290

Indiana Regional MLS

APN: 27-02-29-204-013.000-032