NOT LISTED FOR SALE

5320 Gum Corner Rd Otisco, IN 47163

Estimated Value: $593,067

5 Beds
4 Baths
2,942 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $500,000 $170 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,611/month

59 Days on Market

Highlights

  • Spa
  • Cape Cod Architecture
  • No HOA
  • Pleasant Ridge Elementary School Rated A-
  • 1 Fireplace
  • Screened Porch

About This Home

As of October 2021

Privacy abounds on 5.42 ac at this inspiring property where country living is combined with modern conveniences. The expansive front porch welcomes you to this inviting home with an attached two car garage. This 2,941sqft home features 9' ceilings throughout the main floor, dining rm, kitchen open to the great rm with gas F/P, 5 BR, 2 full BA, 2 half BA, including a spacious primary suite & another guest BR on the main level, & 3 BR on the 2nd level. The walk-up unfin basement has 9' ceilings & 1,600 sqft of additional space which could be finished. Additional amenities for the property include a 18'x32' screened-in building with hot tub ideal for entertaining surrounded by the beautiful natural setting, a 36'x40' detached garage with 4 overhead doors & loft for storage. The detached garage is perfect for home-based businesses, hobbyists, workshop, and car collectors! A large rustic 100+ year old barn, treehouse, creek in the woods, & hiking trails complete this incomparable property.

Last Listed By

Jason Farabee

Lenihan Sotheby's International Realty Listed on: 08/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 2005

Lot Details

  • 5

Parking

  • 6 Car Garage
  • Side or Rear Entrance to Parking

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,942 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Screened Porch
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,881

Year Built

Built in 2005

Lot Details

0

Parking

6

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2942.0
  • Architectural Style: Cape Cod
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Wooded: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Up Access, Unfinished
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Breakfast Room Level: First
  • Foyer Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 15
  • ResoLivingAreaSource: Appraiser
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Breakfast Room: Yes
  • Basement:Walk-Up Access: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 5.42
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Hot Tub
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Screened Porch, Patio, Porch
  • Patio and Porch Features:Porch2: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Garage Spaces: 6.0
  • Attached Garage: Yes
  • Parking Features: Detached, Attached, Entry Side
  • General Property Description:Garage Spaces: 6
  • GarageParking:Attached: Yes
  • GarageParking:Detached: Yes

Utilities

  • Utilities: Electricity Connected, Propane
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 239100.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2005

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Hayes Kali
Bought by
Ames Ashley A
Total Days on Market
59
Current Estimated Value
$593,067

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 25, 2021
Sold by
Weixler Lt
Bought by
Hayes Kail and Hayes Andy J
Seller's Agent
Jason Farabee
Lenihan Sotheby's International Realty
Buyer's Agent
Judie Parks
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
List Price
$539,900
Sold Price
$500,000
Premium/Discount to List
-$39,900
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Mar 4, 2020
Sold by
Weixler Patricia A
Bought by
Weixler Lt

Purchase Details

Closed on
Nov 26, 2008
Sold by
Medley Bradley H and Medley Debra L
Bought by
Weixler Robert H and Weixler Patricia A

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
Ames Ashley A $650,000 Mattingly Ford Title
Hayes Kail $500,000 None Available
Weixler Lt -- None Available
Weixler Robert H $280,000 Regional First Title Group L
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $500,000 -7.4% $170 / Sq Ft
08/27/2021 08/27/21 For Sale $539,900 -- $184 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

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 $3,881 $516,200 $61,500 $454,700
2023 $3,881 $447,700 $51,200 $396,500
2022 $4,354 $454,500 $41,000 $413,500
2021 $3,570 $387,900 $30,800 $357,100
2020 $3,505 $366,300 $25,800 $340,500
2019 $3,104 $349,600 $26,000 $323,600
2018 $3,088 $325,200 $26,000 $299,200
2017 $2,503 $308,700 $26,200 $282,500
2016 $2,413 $317,900 $26,300 $291,600
2014 $2,471 $297,500 $26,300 $271,200
2013 -- $287,300 $26,100 $261,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1595001

Metro Search (Greater Louisville Association of REALTORS®)

APN: 10-03-19-200-036.000-003