NOT LISTED FOR SALE

541 Indian Point Rd Bar Harbor, ME 04609

Estimated Value: $1,005,000 - $3,321,631

4 Beds
5.5 Baths
4,738 Sq Ft
$457/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $3,450,000 $728 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $15,948/month

315 Days on Market

Highlights

  • Additional Residence on Property
  • 1,435 Feet of Waterfront
  • Deck
  • Conners-Emerson School Rated A
  • 57 Acre Lot
  • Wooded Lot

About This Home

As of May 2020

Located on Western Bay, Wild Thyme is a private retreat with 57 +/- acres and 1435 +/- feet of shorefront. Once a saltwater farm, the property boasts an old milking barn turned guesthouse and a three-bedroom, four-bathroom main house overlooking a large farm pond. There are several outbuildings including a small stucco one-room house with a fireplace and a little log cabin on the shore. The grounds included a beautiful field of thyme, lovely gardens, and a well-tended path through the woods and along the shore.

Last Agent to Sell the Property

Erika Mitchell

Portside Real Estate Group Listed on: 05/15/2019

Last Buyer's Agent

Erika Mitchell

The Knowles Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,779

Year Built

  • Built in 1890

Lot Details

  • 57 Acre Lot
  • 1,435 Feet of Waterfront
  • Rural Setting
  • Wooded Lot
  • Property is zoned Indian Point Res

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,738 Sq Ft Home
  • 2 Fireplaces
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number BARH-000241-000000-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,779

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 57.0
  • Water Body Name: Mt. Desert Narrows
  • MLS Status: Closed
  • Directions: From Town Hill, take Indian Point Road 2.7 miles to # 541. There is a green fence and a lobster buoy hanging in the tree.
  • Above Grade Finished Sq Ft: 4738.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 57.0
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4738.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 1435.0
  • Water Info:Water Frontage Owned -: 1435.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Stucco: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Other Equipment: Satellite Dish, Cable
  • Has Basement: Crawl Space, Bulkhead, Not Applicable
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Wood Siding, Stucco, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal, Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2482920.0
  • Parcel #: BARH-000241-000000-000004
  • Zoning: Indian Point Res

Tax Info

  • Tax Annual Amount: 17779.28
  • Tax Book Number: 5968
  • Tax Lot: 004
  • Tax Map Number: 241
  • Tax Year: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
May 6, 2020
Sold by
Island Thyme Llc
Bought by
Isla Tortuga Llc
Seller's Agent
Erika Mitchell
Portside Real Estate Group
Buyer's Agent
Erika Mitchell
The Knowles Company
List Price
$3,450,000
Sold Price
$3,450,000
Current Estimated Value
$2,457,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$992,546
Avg. Annual Appreciation
-8.51%
Original Mortgage
$1,550,000
Outstanding Balance
$1,388,447
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$774,869
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
Isla Tortuga Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isla Tortuga Llc $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $3,450,000 0.0% $728 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
05/15/2019 05/15/19 For Sale $3,450,000 -- $728 / Sq Ft
Source: Maine Listings

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 $30,694 $3,057,200 $2,358,600 $698,600
2023 $20,486 $2,360,100 $1,661,500 $698,600
2022 $18,611 $1,996,900 $1,405,700 $591,200
2021 $17,681 $1,815,300 $1,277,900 $537,400
2020 $18,478 $1,552,800 $881,200 $671,600
2019 $18,219 $1,537,500 $872,400 $665,100
2018 $17,779 $1,538,000 $872,900 $665,100
2017 $16,859 $1,538,200 $873,100 $665,100
2016 $16,501 $1,537,800 $872,700 $665,100
2015 $36,610 $3,457,000 $2,791,900 $665,100
2014 $15,705 $1,536,700 $0 $0
2012 $15,121 $1,536,700 $871,600 $665,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Erika Mitchell

    Portside Real Estate Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1414490

Maine Listings

APN: BARH-000241-000000-000004

Maine Hancock County Bar Harbor 04609

541 Indian Point Rd, Bar Harbor, ME

This home is located at 541 Indian Point Rd, Bar Harbor, ME 04609 since 15 May 2019 and is currently estimated at $2,163,316, approximately $456 per square foot. This property was built in 1890. 541 Indian Point Rd is a home located in Hancock County with nearby schools including Conners-Emerson School and Mt. Desert Island High School.

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