NOT LISTED FOR SALE

5424 E 1050 S La Fontaine, IN 46940

Estimated Value: $422,000 - $1,046,000

4 Beds
3.5 Baths
3,874 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $695,000 $179 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,963/month

47 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Lake Property
  • Private Beach
  • 40 Acre Lot
  • Cathedral Ceiling

About This Home

As of November 2020

Contingent - Accepting backup offers. Welcome to your own 40-acre piece of private paradise! This quiet, peaceful property has a unique 3,874 sq. ft., four bedroom, three and a half bath home overlooking two private ponds! Enjoy every aspect this incredible and rare property has to offer; in the 13.9 acre pond you can go skiing, jet ski, or go fishing in the 50’ deep stocked pond or just relax at the beach, go for a swim, or paddle board the day away at the ½ acre swimming pond. Enjoy the volleyball court, gun range, or ride ATV’s or horses through the many pasture and recreational areas. Inside you will find a beautiful stone fireplace, stone features, granite counter tops at the bar, and stainless appliances. Included with this property is a 60' x 60' commercial grade finished shop, with 1/2 bath and has 14' high doors, extra 32' x 32' attached garage, 40' x 80' pole building, and a 32' x 30' plus 16' x 24' attached garage area. With this rare opportunity, you could use this as a weekend retreat, use as an Air B & B rental, a wedding or corporate venue or make this your year-round home!

Last Agent to Sell the Property

Heather Deal

H Team Dream Homes Listed on: 07/31/2020

Co-Listed By

Eric Hamman

Century 21 Bradley Realty Inc.

Last Buyer's Agent

Michelle Cabrera

NonMember KBOR

NonMember KBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 2001

Lot Details

  • 40 Acre Lot
  • Waterfront
  • Private Beach
  • Rural Setting
  • Landscaped
  • Irregular Lot

Parking

  • 16 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Cedar

Interior Spaces

  • 3,874 Sq Ft Home
  • 2.5-Story Property
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Workshop
  • Water Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Pole Barn

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-19-25-100-006.000-005

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock
  • Volleyball Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 2001

Lot Details

0

Parking

16

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Age: 19
  • Style: Two and Half Story
  • Architectural Style: Pole Barn
  • Total Number of Rooms: 13
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: SE NW 25-26-7 40AC
  • Parcel Number ID: 85-19-25-100-006.000-005
  • Platted: Yes
  • Amenities: Bar, Built-in Desk, Built-In Entertainment Ct, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Court-Volleyball, Deck Covered, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Firepit, Garage Door Opener, Landscaped, Workshop, Washer Hook-Up
  • Location: Lake, Rural
  • Section Number: 25
  • Sp Lp Percent: 88.09
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3874
  • Total Finished Sq Ft: 3874
  • Above Grade Finished Sq Ft: 3874
  • Price Per Sq Ft: 179.4
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x19, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Upper
  • Dining Room: Dimensions: 15x12, On Level: Upper
  • Family Room: Dimensions: 31x30, On Level: Main
  • Den: Dimensions: 11x10, On Level: Main
  • Extra Room: Dimensions: 12x8, On Level: Main
  • Bedroom 1: Dimensions: 20x18, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Loft: Dimensions: 20x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Outbuilding1: Pole/Post Building, Dimensions: 80x40
  • Outbuilding2: Pole/Post Building, Dimensions: 32x32, 1024
  • Water Features: Pier/Dock, Private Beach

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 16
  • Garage Size: Dimensions: 96x60
  • Garage Sq Ft: 5760
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Upperx9, On Level: 12
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood
  • Elementary School: Southwood

Lot Info

  • Lot Description: Irregular, Waterfront, 15+, Water View
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1742400
  • Estimated Lot Size Acres: 40

Tax Info

  • Annual Taxes: 1937.64

MLS Schools

  • High School: Southwood
  • Middle School: Southwood
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 19, 2020
Sold by
Eisaman Christina L
Bought by
Miller Jake
Seller's Agent
Heather Deal
H Team Dream Homes
Buyer's Agent
Michelle Cabrera
NonMember KBOR
List Price
$789,000
Sold Price
$695,000
Premium/Discount to List
-$94,000
-11.91%
Current Estimated Value
$701,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,648
Avg. Annual Appreciation
0.20%
Original Mortgage
$556,000
Outstanding Balance
$494,761
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,887

Purchase Details

Closed on
Jun 12, 2015
Sold by
Teague Tyanna and Haines Tyanna
Bought by
Tyson Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Miller Jake -- None Available
Tyson Jessica M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jake $556,000
Previous Owner Tyson Jessica M $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $695,000 -11.9% $179 / Sq Ft
07/31/2020 07/31/20 For Sale $789,000 +37.2% $204 / Sq Ft
06/29/2017 06/29/17 Sold $575,000 -47.7% $148 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,100,000 -- $284 / 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 $2,916 $398,700 $38,500 $360,200
2023 $3,362 $388,900 $36,300 $352,600
2022 $2,545 $352,800 $33,900 $318,900
2021 $2,540 $312,500 $35,300 $277,200
2020 $1,955 $242,700 $48,200 $194,500
2019 $1,914 $241,800 $55,500 $186,300
2018 $1,917 $244,000 $56,800 $187,200
2017 $1,906 $249,600 $63,000 $186,600
2016 $1,747 $248,600 $65,900 $182,700
2014 $1,480 $248,400 $68,200 $180,200
2013 -- $234,100 $60,700 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Heather Deal

    Seller's Agent in 2020

    Heather Deal

    H Team Dream Homes

    (574) 551-5699

    108 Total Sales

    Heather Deal
    Section Image
  • Eric Hamman

    Seller Co-Listing Agent in 2020

    Eric Hamman

    Century 21 Bradley Realty Inc.

    (574) 606-7402

    61 Total Sales

    Eric Hamman
    Section Image
  • Michelle Cabrera

    Buyer's Agent in 2020

    Michelle Cabrera

    NonMember KBOR

    (574) 269-6706

    296 Total Sales

    Michelle Cabrera
    Section Image
  • Robert Lundquist

    Seller's Agent in 2017

    Robert Lundquist

    Lundquist Appraisals & Real Estate

    (260) 571-4653

    229 Total Sales

    Robert Lundquist
    Section Image
  • Christopher Stockamp

    Buyer's Agent in 2017

    Christopher Stockamp

    Investors Property Management

    (260) 267-0439

    18 Total Sales

    Christopher Stockamp
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202029778

Indiana Regional MLS

APN: 85-19-25-100-006.000-005

Indiana Wabash County La Fontaine 46940

5424 E 1050 S, La Fontaine, IN

This home is located at 5424 E 1050 S, La Fontaine, IN 46940 since 31 July 2020 and is currently estimated at $701,648, approximately $181 per square foot. This property was built in 2001. 5424 E 1050 S is a home located in Wabash County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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