NOT LISTED FOR SALE

541 S 250 W Spring Lake, IN 46140

Estimated Value: $317,000 - $678,579

5 Beds
3 Baths
3,834 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $656,897 $171 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $3,004/month

3 Days on Market

Highlights

  • 2 Acre Lot
  • Vaulted Ceiling
  • No HOA
  • New Palestine Jr High School Rated A-
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of March 2024

Discover serenity & modern luxury in this exquisite 5 Bdrm, 3 Bath Ranch nestled on two sprawling acres of countryside tranquility. Boasting a rare find in the heart of nature, this meticulously, custom designed home offers the perfect blend of contemporary comfort and rustic charm. Step inside to find a spacious, open-concept layout flooded with natural light, accentuated by sleek finishes and high-end fixtures throughout. The heart of the home is the gourmet kitchen where culinary delights come to life amidst stainless steel appliances, granite countertops, and ample cabinet space. Entertain with ease in the expansive living area, complete with a cozy fireplace & panoramic views of the property. Retreat to the primary bdrm, featuring a spa-like ensuite that includes a separate walk-in shower, soaking tub, and double sinks. With four other bedrooms(one bdrm being used as an office currently) two more full baths, an option to finish the attic space over the garage(approx 718 sq ft -with floor joist already set up to have the area finished and an egress window)there's no shortage of space for the family & guests. Downstairs, the finished basement offers endless possibilities for recreation, relaxation, or gather in the safe room that includes a steel door & surrounding concrete walls during storms. Outside, enjoy the ultimate in outdoor living with a covered back porch, perfect for grilling, sitting by the firepit, or simply unwinding in the fresh country air. Enjoy the expansive grounds, where endless possibilities await for gardening, outdoor recreation, installing a pool(septic is not in backyard), or enjoying evenings under the starlit sky. Conveniently located approx 6 miles from New Palestine High School, this gem offers the best of both worlds - private retreat with easy access to modern amenities and urban conveniences. Don't miss your chance to experience country living at its finest - schedule your showing today & make this dream home your reality!

Last Agent to Sell the Property

Wendy Ault

Dropped Members Brokerage Email: wendy@reedrealtors.com License #RB14042333 Listed on: 02/12/2024

Last Buyer's Agent

Phyllis Gillingham

Red Dog Realty, LLC License #RB14034151

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 2020

Lot Details

  • 2 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Sump Pump
  • Basement Storage

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Shed

Schools

  • New Palestine Jr High Middle School
  • New Palestine Intermediate School
  • New Palestine High School

Utilities

  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 301003801001000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,150

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2020
  • Building Area Total: 3834
  • Garage Y N: Yes
  • Lot Size Acres: 2
  • On Market Date: 2024-02-12
  • Subdivision Name: No Subdivision
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: wendy@reedrealtors.com
  • Attribution Contact: wendy@reedrealtors.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Storage Space
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Water Softener Owned, Wine Cooler
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1917
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Walk-in Closet(s)
  • Living Area: 3834
  • Main Level Bedrooms: 3
  • Other Equipment: Sump Pump
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1917
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Cement Siding
  • Exterior Features: Barn Mini, Outdoor Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 649900
  • Patio And Porch Features: Covered Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Service Door
  • Garage Sq Ft: 718

Utilities

  • Utilities: Electricity Connected, Gas
  • Cooling: Central Electric
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Gas
  • Laundry Features: Laundry Room, Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: New Palestine Jr High School
  • MBR_IntermediateSchool: New Palestine Intermediate School

Lot Info

  • Lot Features: Not In Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 87120
  • Parcel Number: 301003801001000012
  • Acres: 1-3 Acres
  • Price Acre: 328449

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4150
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 2075

MLS Schools

  • High School: New Palestine High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2019
Sold by
W & W Development Llc
Bought by
Whiteside Eric
Current Estimated Value
$491,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
3.4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Whiteside Eric -- Ata Natl Ttl Group Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Whiteside Eric $301,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $656,897 +1.1% $171 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $649,900 -- $170 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $4,626 $508,700 $76,000 $432,700
2023 $4,626 $455,200 $76,000 $379,200
2022 $4,150 $449,200 $70,000 $379,200
2021 $7,572 $378,400 $70,000 $308,400
2020 $3,596 $185,100 $70,000 $115,100
2019 $58 $2,900 $2,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21963520

MIBOR Broker Listing Cooperative®

APN: 30-10-03-801-001.000-012