NOT LISTED FOR SALE

5434 E Lincolnway Columbia City, IN 46725

Estimated Value: $513,000 - $627,249

4 Beds
3 Baths
2,900 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $469,900 $162 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,193/month

7 Days on Market

Highlights

  • 12.67 Acre Lot
  • Living Room with Fireplace
  • Backs to Open Ground
  • Open Floorplan
  • Partially Wooded Lot
  • 2 Car Attached Garage

About This Home

As of April 2023

Contingent 72 hour First Right Offer Accepted - Here is your chance to own a piece of country paradise! Check out this 4 bedroom 3.5 bathroom home settled on a beautifully secluded on 12.67 Acres. Walking in, you will love how open this home is! You will see the kitchen, dining room, open loft and the vaulted great room with a wood burning fireplace, perfect to cozy up to on cool evenings. The kitchen offers tons of cabinets and counter space, and a nice sized pantry. The breakfast nook has large daylight windows, with beautiful views of the countryside. In between the dining and breakfast nook is a door leading out to a large deck, perfect for sitting and relaxing with a good book, it would also be a great space for entertaining guests, or just simply watching the sun set through the trees. Headed into the main floor master bedroom, you will appreciate the sliding glass door, leading out onto the deck, as well as an oversized master bathroom which includes: a large vanity top, sink in jetted tub that is perfect for relaxing soaks, a separate toilet and shower room and a spacious walk in closet. Downstairs, you will find a fully finished walk out basement! Another perfect place to entertain guests with a wood burning fireplace, pool table area, and sliding glass door that takes you out to a poured concrete patio! The 4th bedroom down in the basement has a sliding glass door as well, which could easily be used as a home office, that has beautiful scenic views. The views of this beautiful property can actually be seen from every window in the home! The workshop/pole barn is ready for anyone who is handy! It is insulated and heated, and comes with its own half bath! This home is ready for a mini farm, including an animal barn with up to 3 stalls, 2 pastures and 5 acres of tillable land - and if a mini farm is not for you, the land could be converted back into yard! Approximately 2.5 acres of the property is wooded and would be great for hunting, adding some trails, or just adventuring on your own plot of land! Conveniently located between Fort Wayne and Columbia City!

Last Agent to Sell the Property

Kayla Wigent

RE/MAX Integrity Listed on: 04/06/2023

RE/MAX Integrity

Last Buyer's Agent

Candice Everage

Weichert Realtors - Hoosier Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 1993

Lot Details

  • 12.67 Acre Lot
  • Lot Dimensions are 829x673x775x340x60x297
  • Backs to Open Ground
  • Rural Setting
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Coesse Elementary School
  • Indian Springs Middle School
  • Columbia City High School

Farming

  • Pasture

Utilities

  • Geothermal Heating and Cooling
  • Private Water Source
  • Private Company Owned Well
  • Septic System

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 92-05-15-316-001.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,123

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1993
  • Age: 30
  • Style: Two Story
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT LOT 1 EX 2A EX 2A HANS ESTATES 12.665A
  • Parcel Number ID: 92-05-15-316-001.000-012
  • Platted: Yes
  • Amenities: Ceiling-Tray, Closet(s) Walk-in, Disposal, Dryer Hook Up Electric, Open Floor Plan, Range/Oven Hook Up Elec
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022 PAY 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3041
  • Total Finished Sq Ft: 2900
  • Above Grade Finished Sq Ft: 1885
  • Below Grade Finished Sq Ft: 1015
  • Below Grade Sq Ft: 141
  • Price Per Sq Ft: 249.28
  • Basement: Yes
  • Basement Foundation: Finished
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x14, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Breakfast Room: Dimensions: 6x5, On Level: Main
  • Dining Room: Dimensions: 16x14, On Level: Main
  • Family Room: Dimensions: 20x19, On Level: Lower
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 15x28, On Level: Upper
  • Bedroom 4: Dimensions: 11x8, On Level: Lower
  • Loft: Dimensions: 18x16, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1156

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 36x48
  • Outbuilding2: Outbuilding, Dimensions: 24x36, 864

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Private
  • Well Size: 5 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

  • School District: Whitley CO Cons Schools
  • Elementary School: Coesse
  • Middle School: Indian Springs
  • High School: Columbia City
  • Elementary School: Coesse

Lot Info

  • Lot Description: Partially Wooded, 10-14.999, Pasture
  • Lot Dimensions: 829X673X775X340X60X297
  • Estimated Lot Sq Ft: 551687
  • Estimated Lot Size Acres: 12.67
  • Lot Number: 1

Tax Info

  • Annual Taxes: 3123
  • Exemptions: Geothermal, Homestead

MLS Schools

  • High School: Columbia City
  • Middle School: Indian Springs
  • School District: Whitley CO Cons Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 25, 2023
Sold by
Swangin Sue A
Bought by
Reiff Justin R
Seller's Agent
Kayla Wigent
RE/MAX Integrity
Buyer's Agent
Candice Everage
Weichert Realtors - Hoosier Heartland
List Price
$469,900
Sold Price
$469,900
Views
35
Current Estimated Value
$570,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,225
Avg. Annual Appreciation
8.18%
Original Mortgage
$220,000
Outstanding Balance
$213,886
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$356,239
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
Reiff Justin R -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiff Justin R $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $469,900 0.0% $162 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $469,900 -- $162 / 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 $2,045 $400,800 $49,800 $351,000
2023 $2,579 $382,100 $46,100 $336,000
2022 $2,736 $349,500 $39,900 $309,600
2021 $2,621 $278,700 $35,300 $243,400
2020 $2,472 $258,300 $28,200 $230,100
2019 $1,986 $244,300 $30,400 $213,900
2018 $1,910 $229,900 $30,800 $199,100
2017 $2,045 $230,400 $32,700 $197,700
2016 $1,861 $229,500 $33,600 $195,900
2014 $1,485 $216,600 $38,900 $177,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202310142

Indiana Regional MLS

APN: 92-05-15-316-001.000-012