NOT LISTED FOR SALE

520 Lane 221b Hamilton Lake Hamilton, IN 46742

Estimated Value: $340,000 - $495,876

3 Beds
1 Bath
1,280 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $280,000 $219 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,663/month

36 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Primary Bedroom Suite
  • Traditional Architecture
  • Boat Dock
  • Lake Property
  • Wood Flooring

About This Home

As of November 2019

Wow!! Look at this one! Fantastic views from this year round 1280 sq foot home. This property has everything you`ve been looking for on beautiful Hamilton Lake. Sixty feet of frontage with a great sea wall, gives you ample room to park your boats and swim! There are also 2 decks at lake level to relax and enjoy. The cute cottage has hard wood floors and Andersen windows. This house can be used all year round to live in or rent. Come enjoy the lake!!

Last Agent to Sell the Property

Lonnie Dunlap

Lakefront Real Estate Listed on: 09/19/2019

Last Buyer's Agent

Lonnie Dunlap

Lakefront Real Estate Listed on: 09/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1928

Lot Details

  • 9,780 Sq Ft Lot
  • Lot Dimensions are 60 x 163
  • 60 Feet of Waterfront
  • Lake Front
  • Landscaped

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Electric Oven or Range
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Hamilton Elementary School
  • Hamilton Middle School
  • Hamilton High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 76-10-28-340-218.000-010

Community Details

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,251

Year Built

Built in 1928

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1928
  • Age: 91
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Penn Park lot 25 and 1/2 of Penn Park lot 26 |
  • Parcel Number ID: 76-10-28-340-218.000-010
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Landscaped, Range/Oven Hook Up Elec, Storm Doors, Stand Up Shower, Main Level Bedroom Suite
  • Location: Lake
  • Sp Lp Percent: 93.8
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1280
  • Total Finished Sq Ft: 1280
  • Above Grade Finished Sq Ft: 640
  • Below Grade Finished Sq Ft: 640
  • Price Per Sq Ft: 437.5
  • Basement: Yes
  • Basement Foundation: Daylight, Finished, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Hardwood Floors
  • Living Great Room: Dimensions: 14x11, On Level: Main
  • Kitchen: Dimensions: 11x17, On Level: Basement
  • Family Room: Dimensions: 15x17, On Level: Basement
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 13x8, On Level: Main
  • Bedroom 3: Dimensions: 15x8, On Level: Main
  • Main Level Sq Ft: 640
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 640

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 60
  • Water Name: Hamilton Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x18
  • Garage Sq Ft: 360
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: DirectTV
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Basementx5, On Level: 8
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 50
  • Association Fees Frequency: Annually
  • Common Amenities: Dock, Playground, Sidewalks

Schools

  • School District: Hamilton Community
  • Elementary School: Hamilton
  • Middle School: Hamilton Middle
  • High School: Hamilton
  • Elementary School: Hamilton

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 60 x 163
  • Estimated Lot Sq Ft: 9780
  • Estimated Lot Size Acres: 0.22

Green Features

  • Energy Efficient: Doors, Insulation, Windows, Water Heater
  • Energy Efficient Windows/Doors: Insulated Glass Windows, Storm Doors

Tax Info

  • Annual Taxes: 2251
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Hamilton
  • Middle School: Hamilton Middle
  • School District: Hamilton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 13, 2019
Sold by
Dunlap Lonnie D and Dunlap Sue A
Bought by
Goecke Kevin D and Goecke Marcia D
Seller's Agent
Lonnie Dunlap
Lakefront Real Estate
Buyer's Agent
Lonnie Dunlap
Lakefront Real Estate
List Price
$298,500
Sold Price
$280,000
Premium/Discount to List
-$18,500
-6.2%
Current Estimated Value
$418,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,922
Avg. Annual Appreciation
7.90%
Original Mortgage
$224,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2015
Sold by
Sepponen Elizabeth A and Lemmon Colleen K
Bought by
Dunlap Lonnie D and Dunlap Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Goecke Kevin D -- Fidelity National Ttl Co Llc
Dunlap Lonnie D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goecke Kevin D $224,000
Closed Goecke Kevin D $224,000
Previous Owner Dunlap Lonnie D $159,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $280,000 -6.2% $219 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $298,500 -- $233 / 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 $4,377 $353,900 $207,200 $146,700
2023 $4,094 $318,200 $185,000 $133,200
2022 $3,672 $292,200 $185,000 $107,200
2021 $3,789 $262,300 $171,300 $91,000
2020 $3,514 $238,600 $155,700 $82,900
2019 $1,677 $230,600 $143,400 $87,200
2018 $1,521 $202,800 $143,400 $59,400
2017 $1,269 $182,900 $143,400 $39,500
2016 $3,011 $195,700 $155,800 $39,900
2014 $1,671 $230,100 $186,800 $43,300
2013 $1,671 $222,500 $186,800 $35,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lonnie Dunlap

    Lakefront Real Estate

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201941270

Indiana Regional MLS

APN: 76-10-28-340-218.000-010

Indiana Steuben County Hamilton 46742

520 Lane 221b Hamilton Lake, Hamilton, IN

This home is located at 520 Lane 221b Hamilton Lake, Hamilton, IN 46742 since 19 September 2019 and is currently estimated at $434,969, approximately $339 per square foot. This property was built in 1928. 520 Lane 221b Hamilton Lake is a home located in Steuben County with nearby schools including Hamilton Community Elementary School and Hamilton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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