NOT LISTED FOR SALE

5351 N Blue Lake Rd Churubusco, IN 46723

Estimated Value: $183,000 - $244,000

2 Beds
2 Baths
1,744 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $65,000 $37 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,328/month

95 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Hot Water Heating System
  • Level Lot
  • Lake, Pond or Stream
  • Waterski or Wakeboard

About This Home

As of August 2020

HUD HOME - SOLD IN “AS IS” condition. FOR MORE INFORMATION ON THE ABOVE PROPERTY PLEASE SEE WWW.HUDhomestore.COM or www.sageacq.com. Please contact a local agent to schedule an appointment to view this property. ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. CASE NUMBER: 156-314326; NOTES: INSURED STATUS: IN; ESCROW AMT: 1800.00; ELIGIBLE for 203K: YES; LIST Date: 06/26/2020.

Last Agent to Sell the Property

Jim DeBender

Coldwell Banker Real Estate Group Listed on: 05/02/2020

Coldwell Banker Real Estate Group

Co-Listed By

Andrea Gates

Coldwell Banker Real Estate Group

Last Buyer's Agent

Rebecca Maldeney

Indiana Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 165
  • 50 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

  • Churubusco Elementary And Middle School
  • Churubusco High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • John Rapp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 92-04-10-251-057.000-009

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 60
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: John R Rapps 2nd Addition
  • Parcel Number ID: 92-04-10-251-057.000-009
  • Platted: Yes
  • Model Hud Number: 156-314326
  • Investment Property: Yes
  • Sp Lp Percent: 62.8
  • Year Taxes Payable: 2020
  • Special Features: 20
  • Stories: 1

Interior Features

  • Total Sq Ft: 1744
  • Total Finished Sq Ft: 1744
  • Above Grade Finished Sq Ft: 1744
  • Price Per Sq Ft: 37.27
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x19, On Level: Main
  • Kitchen: Dimensions: 24x10
  • Den: Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Main Level Sq Ft: 1456
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Channel Canal Frontage: 50
  • Lake Type: Ski Lake
  • Water Frontage: 50
  • Water Name: Blue Lake

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Size: 6 Inches
  • Well Type: Private

Schools

  • School District: Smith-Green Community
  • Elementary School: Churubusco
  • Middle School: Churubusco
  • High School: Churubusco
  • Elementary School: Churubusco

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 50 x 165
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 1645.34

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Churubusco
  • Middle School: Churubusco
  • School District: Smith-Green Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Aug 27, 2020
Sold by
Secretary Of Hud
Bought by
Yarlan Properties Llc
Seller's Agent
Jim DeBender
Coldwell Banker Real Estate Group
Buyer's Agent
Rebecca Maldeney
Indiana Real Estate
List Price
$115,000
Sold Price
$65,000
Premium/Discount to List
-$50,000
-43.48%
Current Estimated Value
$207,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,639
Avg. Annual Appreciation
26.30%

Purchase Details

Listed on
Sep 6, 2015
Closed on
Jan 29, 2016
Sold by
Lisa Ferguson Yount
Bought by
Kari M Peters
Seller's Agent
Tina Craft
Hosler Realty Inc - Kendallville
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$104,900
Sold Price
$92,000
Premium/Discount to List
-$12,900
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.30%

Purchase Details

Listed on
Mar 6, 2012
Closed on
May 1, 2012
Sold by
Melissa Christman
Bought by
Lisa E Ferguson
Seller's Agent
Angela Oliver
Orizon Real Estate, Inc.
Buyer's Agent
Tina Craft
Hosler Realty Inc - Kendallville
List Price
$76,000
Sold Price
$73,000
Premium/Discount to List
-$3,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
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
Yarlan Properties Llc -- Simplifile Lc E-Recording
Kari M Peters $92,000 Fidelity National Title
Lisa E Ferguson $73,000 Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $65,000 -37.2% $37 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $103,500 -10.0% $59 / Sq Ft
05/02/2020 05/02/20 For Sale $115,000 +25.0% $66 / Sq Ft
01/29/2016 01/29/16 Sold $92,000 -12.3% $53 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
09/06/2015 09/06/15 For Sale $104,900 +43.7% $60 / Sq Ft
05/01/2012 05/01/12 Sold $73,000 -3.9% $45 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $76,000 -- $47 / 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 $2,289 $169,300 $20,300 $149,000
2023 $2,382 $158,600 $19,300 $139,300
2022 $2,292 $151,900 $18,500 $133,400
2021 $2,209 $140,800 $18,500 $122,300
2020 $937 $132,500 $17,300 $115,200
2019 $839 $115,100 $17,300 $97,800
2018 $807 $109,200 $17,300 $91,900
2017 $1,138 $105,100 $17,300 $87,800
2016 $544 $104,300 $17,300 $87,000
2014 $608 $118,600 $17,300 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202015350

Indiana Regional MLS

APN: 92-04-10-251-057.000-009