NOT LISTED FOR SALE

540 Lane 280 Lake James Angola, IN 46703

Estimated Value: $1,342,000 - $1,933,333

8 Beds
7 Baths
5,580 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $1,725,000 $309 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,991/month

73 Days on Market

Highlights

  • 44 Feet of Waterfront
  • In Ground Pool
  • Open Floorplan
  • Pier or Dock
  • Custom Home
  • Lake Property

About This Home

As of February 2023

Showings Start Date, Nov. 1st. Don’t miss your chance to make memories in this gorgeous lake home on Lake James, which includes a highly-sought after (and income-generating!) lake-level VBRO/Airbnb rental unit. The home’s kitchen is absolutely stunning. It includes custom Kraftmaid cabinets, Quartz countertops, a glass tile backsplash, GE Monogram appliances, and a pot filler no-touch kitchen faucet. Looking for a bit of history? Beams incorporated throughout the kitchen and fireplace mantels are original church beams from the 1800s. Exceptional-quality materials are used throughout this home, including Pella triple-pane soundproof windows and glass sliding doors with built-in blinds, custom quarter-circle triple-pane lakefront windows, National Door & Trim 6-panel solid wood interior doors, and energy-efficient LED lighting. Virtually all of the home’s interior walls are insulated for soundproofing.The home is professionally wired for audio/video, professionally prewired for a security system and camera, and pre-plumbed for a Generac backup power supply.Also included: Two separate HVAC units, a commercial-grade hot water heater servicing the west side of the home, and a separate water heater servicing the east side of the home.Outside, you’ll enjoy a natural gas-heated inground 12x28 swimming pool with an auto-cover, and a six-person Master Spas hot tub with cover/lifter. The pool includes a salt generator pool system. Other features include a stamped patio and pool deck, new 60-foot wooden dock plants, eight solar-lit dock posts, and solar-lit assist steps leading from the driveway to the lakefront.

Last Agent to Sell the Property

Craig Ralston

RE/MAX Results - Angola office Listed on: 10/24/2022

RE/MAX Results - Angola office

Last Buyer's Agent

Craig Ralston

RE/MAX Results - Angola office Listed on: 10/24/2022

RE/MAX Results - Angola office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 2021

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 44 x 270
  • 44 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Triple Pane Windows
  • Pocket Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Water Views
  • Prewired Security

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Double Vanity
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • 2 Bathrooms in Basement
  • 4 Bedrooms in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Lighting
  • Energy-Efficient Doors

Pool

  • In Ground Pool
  • Spa

Outdoor Features

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

Schools

  • Carlin Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Multiple Heating Units
  • Geothermal Heating and Cooling
  • Heating System Uses Gas
  • Generator Hookup
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 76-06-10-220-243.000-011

Community Details

Overview

  • Built by Custom built, Home owner self preformed as the GC
  • Lake James Park Subdivision

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,247

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2021
  • Age: 2
  • Style: Three Story
  • Architectural Style: Contemporary, Traditional
  • Total Number of Rooms: 15
  • Total Number of Rooms Below Grade: 7
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 7
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 3
  • Legal Description: Lake James Park 1st Add Lot 30 & PT NW1/4 Sec & Vac. Alley Adj. ORD#3040 .262A Per Deed.
  • Parcel Number ID: 76-06-10-220-243.000-011
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Breakfast Bar, Built-In Speaker System, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Ceilings-Beamed, Countertops-Solid Surf, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Generator Ready, Generator-Whole House, Guest Quarters, Kitchen Island, Open Floor Plan, Pocket Doors, Porch Open, Six Panel Doors, Skylight(s), Twin Sink Vanity, Wiring-Security System, Stand Up Shower, Great Room, Main Floor Laundry, Sump Pump, Jack & Jill Bath
  • Builder Name: Custom built, Home owner self preformed as the GC
  • Location: Lake
  • New Construction: Custom
  • Number Below Grade Bedrooms: 4
  • Sp Lp Percent: 88.46
  • Year Taxes Payable: 21/22
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Total Sq Ft: 5708
  • Total Finished Sq Ft: 5580
  • Above Grade Finished Sq Ft: 3540
  • Below Grade Finished Sq Ft: 2040
  • Below Grade Sq Ft: 128
  • Price Per Sq Ft: 487.29
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 20x20, On Level: Main
  • Kitchen: Dimensions: 24x12, On Level: Main
  • Breakfast Room: Dimensions: 12x10, On Level: Lower
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Family Room: Dimensions: 30x17, On Level: Lower
  • Den: Dimensions: 20x10, On Level: Upper
  • Extra Room: Bunk room, Dimensions: 10x11, On Level: Lower
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 30x26, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Lower
  • Bedroom 5: Dimensions: 12x10, On Level: Lower
  • Other Room1: Bedroom basement, Dimensions: 10x11, On Level: Lower
  • Other Room 2: Lk Storage, Dimensions: 16x10, On Level: Lower
  • Loft: Dimensions: 20x30, On Level: Upper
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2168

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 44
  • Water Name: Lake James

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x30
  • Garage Sq Ft: 780
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Geothermal, Multiple Heating Systems
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Hvac: Energy Star A/C
  • Laundry: Dimensions: Mainx5, On Level: 10
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: MSD of Steuben County
  • Elementary School: Carlin Park
  • Middle School: Angola
  • High School: Angola
  • Elementary School: Carlin Park

Lot Info

  • Lot Description: Slope, Waterfront, Water View, Waterfront-Level Bank
  • Lot Dimensions: 44 x 270
  • Estimated Lot Sq Ft: 11413
  • Estimated Lot Size Acres: 0.262

Green Features

  • Energy Efficient: Appliances, Doors, Electrical/Lighting, Water Heater, Windows
  • Energy Efficient Windows/Doors: Triple Pane Windows

Tax Info

  • Annual Taxes: 2246.8
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Angola
  • Middle School: Angola
  • School District: MSD of Steuben County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Feb 22, 2023
Sold by
Callaway John W
Bought by
Haidous Talal Ghassan
Seller's Agent
Craig Ralston
RE/MAX Results - Angola office
Buyer's Agent
Craig Ralston
RE/MAX Results - Angola office
List Price
$2,250,000
Sold Price
$1,725,000
Premium/Discount to List
-$525,000
-23.33%
Views
34
Current Estimated Value
$1,681,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,889
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Mar 25, 2021
Sold by
Knck Investments Llc
Bought by
Callaway John W and Callaway April D

Purchase Details

Closed on
Nov 23, 2020
Sold by
Trine Barry
Bought by
Knck Investments Llc

Purchase Details

Closed on
Jul 27, 2018
Sold by
Trt Wilson
Bought by
Barry Trine

Purchase Details

Closed on
Jul 28, 2010
Sold by
Wilson Darl D and Wilson Alice L
Bought by
Wilson Darl D and Darl And Alice Wilson Trust
Source: Public Records

Range of Values:

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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
Haidous Talal Ghassan $1,725,000 Fidelity National Title Compan
Callaway John W -- Fidelity National Ttl Co Llc
Knck Investments Llc -- Fidelity National Ttl Co Llc
Barry Trine $280,000 --
Trine Bany -- Fidelity National Title Comp
Wilson Darl D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Callaway John W $550,000
Previous Owner Callaway John W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $1,725,000 -11.5% $309 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
12/20/2022 12/20/22 Price Changed $1,950,000 -13.3% $349 / Sq Ft
11/01/2022 11/01/22 For Sale $2,250,000 -- $403 / 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 $10,185 $1,160,400 $464,500 $695,900
2023 $4,897 $959,100 $422,200 $536,900
2022 $4,317 $794,100 $383,900 $410,200
2021 $2,247 $431,000 $266,500 $164,500
2020 $3,061 $336,800 $243,400 $93,400
2019 $3,191 $333,100 $243,400 $89,700
2018 $2,965 $294,500 $246,300 $48,200
2017 $3,039 $360,600 $319,200 $41,400
2016 $3,760 $360,200 $319,200 $41,000
2014 $3,951 $358,400 $319,200 $39,200
2013 $3,951 $358,800 $319,200 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202244116

Indiana Regional MLS

APN: 76-06-10-220-243.000-011