NOT LISTED FOR SALE

5441 E 400 S Laotto, IN 46763

Estimated Value: $349,000 - $438,000

4 Beds
2.5 Baths
2,704 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $295,000 $109 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,343/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Heavily Wooded Lot
  • Traditional Architecture
  • 12.51 Acre Lot
  • Living Room with Fireplace
  • Covered patio or porch

About This Home

As of August 2021

A country estate like none other with lots of rustic charm on beautiful 12.5 wooded acres with finished walk-out basement in Laotto! Looking to get away from it all? This could be the spot! Tucked off road at the end of long drive & surrounded by many tall tress offering a very private atmosphere, this 4 bedroom, 2.5 bath home has so much character & classic retro vibes. Looped gravel drive links to attached 2 car garage with cement apron & plenty of room for additional parking. Unique exterior shape is ready for your personal landscaping touch to help make it pop. Covered front entry opens to main front living area with exposed beams, brick fireplace & built-in bookshelves in library nook. Formal dining connects to kitchen, also with exposed beams & central multi-level island with seating. Main floor primary bedroom includes en suite bath & walk-in closet. 3 remaining bedrooms are all good sized & upstairs—one even has a large walk-in closet. Incredible finished basement features 2nd living space with brick fireplace & flex area by sink great for kids or adult games, plus laundry/utility room, half bath & small multi-purpose room which could be used as home gym or even office as it has a window. One extra special thing about the basement: quality wood ceiling & panel walls make the space feel very cozy. Walk-out enclosed sunroom is perfect for enjoying gorgeous view of lush forest greenery. Outside you’ll have all the room you desire for any kind of activity, from gardening & backyard fires to letting kids & pets run free; freestanding shed for overflow outdoor accessories. Located approximately 20ish minutes from Columbia City, Auburn & NE Fort Wayne for easy access to shopping, dining & groceries. This home has so much potential & many great elements to work with it just needs a little TLC to help it realize its full potential. Are you ready for peaceful nights, cool breezes & the serenity of a country home? Take action today!

Last Listed By

Brandon Ferrell

Keller Williams Realty Group Listed on: 07/20/2021

Keller Williams Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 1978

Lot Details

  • 12.51 Acre Lot
  • Lot Dimensions are 440x1350
  • Rural Setting
  • Level Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement

Outdoor Features

  • Covered patio or porch

Schools

  • Churubusco Elementary And Middle School
  • Churubusco High School

Utilities

  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 57-20-24-300-001.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,493

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 43
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt Se Cor Sw1/4 Sec 24 5a AND Pt Sw 1/4 Sec 24 7.51a
  • Parcel Number ID: 57-20-24-300-001.000-007
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Kitchen Island, Porch Covered, Range/Oven Hook Up Elec, Six Panel Doors, Split Br Floor Plan, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room
  • Cross Street: 600 E
  • Location: Rural
  • Parcel Id2: 57-20-24-300-007.000-007
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 111.32
  • Year Taxes Payable: 2020 Pay 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2704
  • Total Finished Sq Ft: 2704
  • Above Grade Finished Sq Ft: 1690
  • Below Grade Finished Sq Ft: 1014
  • Price Per Sq Ft: 174.56
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 22x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 24x13, On Level: Basement
  • Den: Dimensions: 12x14, On Level: Basement
  • Recreation Room: Dimensions: 23x13, On Level: Basement
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x8, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1014

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x8, 80
  • Outbuilding2: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Basementx10, On Level: 9
  • Well Type: Private

Schools

  • School District: Smith-Green Community
  • Elementary School: Churubusco
  • Middle School: Churubusco
  • High School: Churubusco
  • Elementary School: Churubusco

Lot Info

  • Lot Description: Heavily Wooded, Level, 10-14.999, Wooded
  • Lot Dimensions: 440x1350
  • Estimated Lot Sq Ft: 544935
  • Estimated Lot Size Acres: 12.51

Tax Info

  • Annual Taxes: 2493.28
  • Total Assessed Value: 251100
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Churubusco
  • Middle School: Churubusco
  • School District: Smith-Green Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 24, 2021
Sold by
Vaughn James E
Bought by
Fabian Alexander J
Seller's Agent
Brandon Ferrell
Keller Williams Realty Group
Buyer's Agent
Mary Mauger
CENTURY 21 Bradley Realty, Inc
List Price
$265,000
Sold Price
$295,000
Premium/Discount to List
$30,000
11.32%
Total Days on Market
2
Current Estimated Value
$388,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,913
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Harry L Draper
Bought by
James E Vaughn

Purchase Details

Closed on
Jul 13, 2010
Sold by
Cheri A Walda
Bought by
Harry L Draper

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
Fabian Alexander J $295,000 Fiedlity National Title Compan
James E Vaughn $210,000 Assurance Title Co.
Harry L Draper $140,000 Assurance Title Co.
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $295,000 +11.3% $109 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $265,000 -- $98 / 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 $2,126 $293,300 $62,000 $231,300
2023 $2,151 $278,500 $58,500 $220,000
2022 $1,983 $261,800 $54,000 $207,800
2021 $1,863 $251,100 $54,000 $197,100
2020 $1,732 $220,200 $45,100 $175,100
2019 $1,667 $210,000 $40,300 $169,700
2018 $1,662 $203,200 $40,300 $162,900
2017 $1,272 $199,600 $37,500 $162,100
2016 $1,106 $188,500 $37,500 $151,000
2014 $969 $178,000 $33,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202129080

Indiana Regional MLS

APN: 572024300001000007