NOT LISTED FOR SALE

542 Bayshore Dr Kokomo, IN 46901

Estimated Value: $576,000 - $659,000

3 Beds
4 Baths
3,892 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $553,000 $142 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,736/month

1 Day on Market

Highlights

  • Lake Front
  • Multiple Garages
  • Traditional Architecture
  • Northwestern Senior High School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of June 2022

Welcome to Sonesta Bay on the Kokomo Reservoir! This 3800+ SF home has 3 possible 4 beds & 3 two car garages! The great room has a built in tv cabinet & floor to ceiling windows. Kitchen renovated in 2019. The upper level owner's suite is it's own little oasis to include 400 SF of bedroom space, 1 full bathroom w/jetted tub, 2nd full bathroom w/step-in shower, dressing room, 2 walk-in closets, and 300 SF sitting room, plus an outdoor balcony w/spiral staircase to the main level deck. The 2nd floor also has 2 possibly 3 more bedrooms, a full bath, and laundry room. Heated/cooled sunroom that connects to the maintenance free deck and a stamped concrete patio. The back yard leads to the dock with covered boatlift.

Last Agent to Sell the Property

Cherie Smith

True Realty License #RB14036021 Listed on: 04/22/2022

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1998

Lot Details

  • 0.65 Acre Lot
  • Lake Front
  • Cul-De-Sac

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Basement Lookout

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Schools

  • Howard Elementary School
  • Northwestern Middle School
  • Northwestern Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Iron Water Filter
  • Well
  • Gas Water Heater
  • Satellite Dish

Community Details

  • Association fees include home owners, insurance
  • Subdivision Not Available See Legal
  • Property managed by Individual
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 340436277004000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 1998

Lot Details

0

HOA Fees

$25 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1998
  • Building Area Total: 4753
  • Garage Y N: Yes
  • Lot Size Acres: 0.65
  • Subdivision Name: Subdivision Not Available See Legal
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: cheriesmith.realtor@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished, Daylight/Lookout Windows, Sump Pump
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Trash Compactor, Washer, MicroHood, Gas Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Screens Some, Eat-in Kitchen, Entrance Foyer, Center Island, Pantry
  • Living Area: 3892
  • Other Equipment: Iron Filter, Satellite Dish No Controls, Smoke Alarm
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1567
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 2325
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 4753

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed, Dock
  • Foundation Details: Concrete Perimeter, Block
  • List Price: 525000
  • Patio And Porch Features: Deck Main Level, Covered Porch
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Parking Description: Multiple Garages
  • Garage Parking Other: Finished Garage,Service Door

Utilities

  • Utilities: Gas
  • Cooling: Central Electric, Wall Unit(s)
  • Heating: Forced Air, SpaceWallUnit, Electric, Gas
  • Laundry Features: Upper Level
  • Water Source: Private Well
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Individual
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance

Schools

  • Middle Or Junior School: Northwestern Middle School

Lot Info

  • Lot Features: Cul-De-Sac
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 28314
  • Parcel Number: 340436277004000022
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2966
  • Tax Lot: 14
  • Semi Annual Property Tax Amt: 1483
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Howard Elementary School
  • High School: Northwestern Senior High School
  • Schools: HOWARD ELEMENTARY,NORTHWESTERN HIGH,NORTHWESTERN MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 24, 2022
Sold by
Beverly Saum
Bought by
Schmitt Benjamin and Schmitt Tamanna
Seller's Agent
Cherie Smith
True Realty
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$525,000
Sold Price
$553,000
Premium/Discount to List
$28,000
5.33%
Current Estimated Value
$622,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,186
Avg. Annual Appreciation
4.00%
Original Mortgage
$497,700
Outstanding Balance
$476,951
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$148,953
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
Schmitt Benjamin $553,000 Grzegorski Eric D
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Benjamin $497,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $553,000 +5.3% $142 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $525,000 -- $135 / 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 $3,852 $482,700 $40,100 $442,600
2022 $3,742 $455,300 $40,100 $415,200
2021 $2,965 $383,500 $44,000 $339,500
2020 $2,319 $338,100 $44,000 $294,100
2019 $2,019 $300,800 $44,000 $256,800
2018 $1,931 $307,200 $44,000 $263,200
2017 $2,030 $310,700 $47,800 $262,900
2016 $2,019 $310,700 $47,800 $262,900
2014 $1,958 $302,400 $47,800 $254,600
2013 $1,675 $300,500 $47,800 $252,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21850976

MIBOR Broker Listing Cooperative®

APN: 34-04-36-277-004.000-022