NOT LISTED FOR SALE

5499 W 550 N Warsaw, IN 46582

Estimated Value: $582,000 - $936,000

4 Beds
3.5 Baths
3,547 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $550,000 $155 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,427/month

169 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Living Room with Fireplace
  • Madison Elementary School Rated A-
  • Heavily Wooded Lot
  • Vaulted Ceiling

About This Home

As of June 2018

Welcome to this unique blend of country and sophistication. This property is nestled in the woods on 7.62 acres and sits way back off the road. Once you drive in, you feel as if you are at a resort and on vacation, as the setting is stunning with trees towering over you providing shade and nature all around you. The home blends with the landscape however it draws you immediately to the front door. Inside you will find hardwood floors, tall 9 ft ceilings, and great room with views of the wooded acreage. This home is high quality, designed for country living with a fantastic floor plan of main level master. The trim, woodwork, and details in this home are phenomenal. Beautifully built and immaculately maintained, this property is sure to please. The Kitchen features stainless appliances, granite countertops, large double sink, custom cabinetry built by Warsaw Custom Cabinetry, and an efficient design. Laundry and mudroom as well as an updated half bathroom are just off the kitchen and before the garage. The great room boasts floor-to-ceiling windows, fireplace, and tranquil colors for the decor. The Master Suite is perfect, not too big, not too small, just right! A formal dining room and screened three seasons room complete the main level for living space. Upstairs you will find 2 spacious bedrooms and a bonus room ideal for extra guests, homework stations, or craft room! In the finished lower level, you will find cozy living space with wet bar, family room, additional bedroom, bathroom, and plenty of storage. Truly a beautiful home inside and out. Professionally landscaped outside as well as oversized deck off the kitchen area provide a prefect spot to relax. As you go to the "Man Cave"/Pole building - you will notice a fire pit area that is fully landscaped as well as walking path to the outbuilding. The dimensions are 40x42 with an 8x40 porch. Inside you will find a dream barn-polebuilding- with finished space for whatever your heart desires - heated space a must see- additional storage of 40 ft on south side of building. Proud to have this as one of our Global Luxury Property Collection. Schedule your exclusive viewing of this fantastic offering today.

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Listed on: 09/13/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Sally Bailey

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1999

Lot Details

  • 7.26 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot
  • Irrigation
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Utility Room in Garage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Kitchenette
  • Breakfast Bar
  • Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 43-06-16-200-135.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,172

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1999
  • Age: 19
  • Style: One and Half Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 021-064-002.B Tr W 1/2 W 1/2 NW Se 16-33-5 7.26 A Per Calc
  • Parcel Number ID: 43-06-16-200-135.000-019
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Crown Molding, Deck Open, Detector-Smoke, Dryer Hook Up Gas, Firepit, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Irrigation System, Landscaped, Natural Woodwork, Open Floor Plan, Patio Open, Porch Florida, Porch Screened, Range/Oven Hk Up Gas/Elec, Six Panel Doors, Split Br Floor Plan, Utility Sink, Wet Bar, Kitchenette, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Grid: 40 - N.W. Kosc.
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 95.65
  • Special Features: None

Interior Features

  • Total Sq Ft: 4321
  • Total Finished Sq Ft: 3547
  • Above Grade Finished Sq Ft: 2594
  • Below Grade Finished Sq Ft: 953
  • Below Grade Sq Ft: 774
  • Price Per Sq Ft: 212.03
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Two
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 15x17, On Level: Main
  • Kitchen: Dimensions: 15x10, On Level: Main
  • Breakfast Room: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 17x15, On Level: Lower
  • Bedroom 1: Dimensions: 15x10, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x14, On Level: Lower
  • Other Room1: 4 seasons, Dimensions: 11x9, On Level: Main
  • Other Room 2: Bonus rm., Dimensions: 23x12, On Level: Upper
  • Main Level Sq Ft: 1716
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1727

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 42x40
  • Outbuilding2: Shed, Dimensions: 20x12, 240

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Dish Network
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Madison
  • Middle School: Edgewood
  • High School: Warsaw

Lot Info

  • Lot Description: Heavily Wooded, Level, 6-9.999, Wooded
  • Estimated Lot Sq Ft: 316246
  • Estimated Lot Size Acres: 7.26
  • Zoning: R - 1 - Single Family

Green Features

  • Energy Efficient: Appliances, Doors, Insulation, Windows
  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 2172.41
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Jun 20, 2018
Sold by
Joseph
Bought by
Lora Trust and Karen Trust
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Sally Bailey
Coldwell Banker Real Estate Group
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$756,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,497
Avg. Annual Appreciation
4.45%
Original Mortgage
$75,000
Outstanding Balance
$44,977
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$711,520

Purchase Details

Closed on
Oct 22, 2014
Sold by
French Joe A and French Sara J
Bought by
The Joseph A French & Sara Jo French Rev and French Sara Jo

Purchase Details

Closed on
Dec 21, 1999
Sold by
Coble Larry D and Coble Karen J
Bought by
French Joe A and French Sara J
Source: Public Records

Range of Values:

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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
Lora Trust $550,000 --
Karen L Maurer Trust $550,000 First Federal Savings Bank
The Joseph A French & Sara Jo French Rev -- None Available
French Joe A $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karen L Maurer Trust $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $550,000 -7.6% $155 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
09/13/2017 09/13/17 For Sale $595,000 -- $168 / 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 $4,992 $650,900 $63,400 $587,500
2023 $4,778 $608,700 $63,400 $545,300
2022 $4,018 $493,100 $63,400 $429,700
2021 $3,365 $421,200 $63,400 $357,800
2020 $3,316 $403,700 $55,500 $348,200
2019 $3,086 $394,900 $55,500 $339,400
2018 $2,363 $307,500 $57,600 $249,900
2017 $2,128 $295,900 $57,600 $238,300
2016 $2,172 $285,200 $53,400 $231,800
2014 $1,647 $258,900 $38,000 $220,900
2013 $1,647 $252,800 $38,000 $214,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201742856

Indiana Regional MLS

APN: 43-06-16-200-135.000-019