NOT LISTED FOR SALE

5223 Us Highway 231 Loogootee, IN 47553

Estimated Value: $446,000 - $673,549

4 Beds
2 Baths
3,876 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $620,000 $160 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,210/month

173 Days on Market

Highlights

  • Private Beach
  • RV Parking in Community
  • Waterfront
  • Loogootee Junior/Senior High School Rated 9+
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of March 2023

Custom log home and two outbuildings 12 miles north of Jasper on 10 acres! With over 2500 sq ft of living space and approximately 500 sq ft in the loft, the inside of the home is just as impressive as the exterior. As you enter the property, a pole barn with lots of parking is to the south and a private tree lined lane leads you to the home and detached garage. A covered carport allows easy access to a mud room with pantry. Through the front door, you will appreciate the craftsmanship of the hand hewn wood throughout. The focal points of the home are the large stone wood-burning fireplaces, cathedral ceilings and amazing views of the private stocked lake. A screened-in porch is conveniently located off of the eat-in kitchen. The newly remodeled main level master bedroom has a sitting room surrounded by large windows and full bath. The loft could be used as an additional bedroom, office or living area. The finished walkout basement has two additional bedrooms and a third room that has multiple uses. Two exterior basement doors offer easy access to both covered patios and fire pit area on the beach. There is a fully functional office attached to the detached garage just steps from the home. A large fenced in animal pen off of the detached garage allows your pets to be indoors or out. A separate shed and wooded acreage is also located to the west of the garage. The newer 36' x 40' pole barn (14' ceilings) hosts its own finished bathroom, central A/C, 200 amp electric service, septic and 2 oversized bay doors. With beautiful views and privacy on a property like this, what more do you need!

Last Agent to Sell the Property

Gina Mehringer

F.C. TUCKER EMGE Listed on: 08/26/2022

F.C. TUCKER EMGE

Last Buyer's Agent

Gina Mehringer

F.C. TUCKER EMGE Listed on: 08/26/2022

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 2005

Lot Details

  • 10 Acre Lot
  • Waterfront
  • Private Beach
  • Kennel
  • Partially Wooded Lot

Parking

  • 5 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Log Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Workshop
  • Screened Porch
  • Utility Room in Garage
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Lake Property

Schools

  • Loogootee Elementary And Middle School
  • Loogootee High School

Utilities

  • Central Air
  • Propane
  • Septic System

Community Details

  • RV Parking in Community
  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 51-09-25-400-038.001-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,655

Year Built

Built in 2005

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 18
  • Style: One and Half Story
  • Architectural Style: Log
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SE SE 25-2-5; 10.00 ACRES
  • Parcel Number ID: 51-09-25-400-038.001-010
  • Platted: Yes
  • Amenities: Alarm System-Security, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Beamed, Disposal, Eat-In Kitchen, Firepit, Garage Door Opener, Kennel, Porch Covered, Porch Screened, Wiring-Security System, RV Parking, Workshop, Main Level Bedroom Suite, Garage-Heated, Garage Utilities
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 95.4
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3876
  • Total Finished Sq Ft: 3876
  • Above Grade Finished Sq Ft: 2624
  • Below Grade Finished Sq Ft: 1252
  • Price Per Sq Ft: 236.28
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Basement
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 17x17, On Level: Main
  • Extra Room: Screened in porch, Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 25x12, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Lower
  • Bedroom 3: Dimensions: 12x11, On Level: Lower
  • Bedroom 4: Dimensions: 12x12, On Level: Lower
  • Other Room1: Basement office, Dimensions: 13x12, On Level: Lower
  • Loft: Dimensions: 16x15, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1252

Exterior Features

  • Exterior: Log
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 13x18
  • Water Features: Private Beach

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 5
  • Garage Size: Dimensions: 36x40
  • Garage Sq Ft: 1440
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: City
  • Laundry: Dimensions: Mainx8, On Level: 16

Schools

  • School District: Loogootee Community S.D.
  • Elementary School: Loogootee
  • Middle School: Loogootee
  • High School: Loogootee
  • Elementary School: Loogootee

Lot Info

  • Lot Description: Partially Wooded, Waterfront, 10-14.999, Lake
  • Lot Dimensions: unknown
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 2654.52
  • Exemptions: Homestead

MLS Schools

  • High School: Loogootee
  • Middle School: Loogootee
  • School District: Loogootee Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Mar 11, 2023
Sold by
Oldham Nicole L and Hantz Ronnie L
Bought by
Spicer Kyle James and Spicer Karissa Lynn
Seller's Agent
Gina Mehringer
F.C. TUCKER EMGE
Buyer's Agent
Gina Mehringer
F.C. TUCKER EMGE
List Price
$670,000
Sold Price
$620,000
Premium/Discount to List
-$50,000
-7.46%
Views
298
Current Estimated Value
$547,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,113
Avg. Annual Appreciation
-4.72%
Original Mortgage
$170,000
Outstanding Balance
$164,624
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$383,263

Purchase Details

Listed on
Jun 26, 2014
Closed on
Aug 26, 2014
Sold by
Butcher John R
Bought by
Thompson Lori J
Seller's Agent
Joe McAtee
Key Associates Realty Group
Buyer's Agent
Joe McAtee
Key Associates Realty Group
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
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
Spicer Kyle James -- None Listed On Document
Thompson Lori J $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spicer Kyle James $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $620,000 -4.6% $160 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/14/2023 01/14/23 Price Changed $649,900 -1.5% $168 / Sq Ft
01/14/2023 01/14/23 Price Changed $659,900 -1.5% $170 / Sq Ft
12/28/2022 12/28/22 For Sale $670,000 0.0% $173 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $670,000 +80.1% $173 / Sq Ft
09/28/2020 09/28/20 Sold $372,000 -4.6% $123 / Sq Ft View Prior Sale
08/14/2020 08/14/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $389,900 +23.8% $129 / Sq Ft
08/16/2018 08/16/18 Sold $315,000 -7.1% $104 / Sq Ft View Prior Sale
07/23/2018 07/23/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $339,000 +2.8% $112 / Sq Ft
06/26/2018 06/26/18 For Sale $329,900 +8.2% $109 / Sq Ft
08/26/2014 08/26/14 Sold $305,000 -6.2% $101 / Sq Ft View Prior Sale
07/19/2014 07/19/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $325,000 -- $107 / 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 $3,531 $495,300 $42,500 $452,800
2023 $3,531 $443,300 $42,000 $401,300
2022 $2,581 $363,800 $36,600 $327,200
2021 $2,655 $316,100 $34,500 $281,600
2020 $2,303 $284,200 $33,100 $251,100
2019 $2,125 $273,600 $32,000 $241,600
2018 $1,442 $214,700 $27,400 $187,300
2017 $1,278 $206,300 $27,100 $179,200
2016 $1,195 $205,800 $26,800 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202235814

Indiana Regional MLS

APN: 51-09-25-400-038.001-010