NOT LISTED FOR SALE

5501 W 1450 N Wheatfield, IN 46392

Estimated Value: $474,000 - $572,000

3 Beds
2 Baths
1,675 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $357,000 $213 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,969/month

29 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Wooded Lot
  • 15.03 Acre Lot
  • Wood Burning Stove
  • Ranch Style House

About This Home

As of July 2019

15 ACRES OF PRIVACY surround this 3 Bedroom, 2 Bath Hillside Ranch with walk out Basement yet easy commute to work or play. Approx. 3.5 Acres of 15 is open pasture. Attached 2.5 car Garage w/auto door opener and poured concrete walls. Unfinished Basement also with poured concrete walls ready to finish your way. Spacious Great Room w/wood burning stove, new flooring and custom accent wall of reclaimed wood from shed on property. Nice size Kitchen w/stainless appliance package - lots of cabinets, snack bar & ample counter space. Delightful views from the Breakfast Nook and opens to the wraparound deck - perfect for entertaining. All nice size Bedrooms (Master with adjoining bath) and all with newer carpet. 2 out side water wells (1 in front & 1 in back) plus a hand pump. Custom high speed internet ran from 1450N. Bring the Kids, the Livestock and the Chickens - 48x30 Pole Barn with 16x30 Heated shop. Chicken Coop and fenced area. Wood shed. Nothing else like it on the market.

Last Agent to Sell the Property

Linda White

McColly Real Estate License #RB14038065 Listed on: 04/17/2019

McColly Real Estate

Last Buyer's Agent

Dan Walstra

Countryside Realty License #RB14027366

Countryside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1986

Lot Details

  • 15.03 Acre Lot
  • Lot Dimensions are 500 x 1306.80
  • Landscaped
  • Paved or Partially Paved Lot
  • Well Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • 1,675 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Dining Room
  • Laundry on main level

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Pole Barn

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 371618000006000033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Horses Allowed, Landscaped, Paved Road, Sprinkling Well, Wooded
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR257
  • Subdivision Name: none
  • Architectural Style: Hillside Ranch
  • GNR_Exterior: Brick,Cedar
  • GNR_UnfinishedSquareFootage: 955
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Microwave, Range Hood, Refrigerator, Water Softener Owned
  • Interior Amenities: Country Kitchen, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Wood Burning Stove
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, Pole Barn
  • Acres: 15.03

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Pole Barn

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Propane, Wood Stove

Lot Info

  • Lot Dimensions: 500 x 1306.80
  • Lot Size Sq Ft: 654707
  • ResoLotSizeUnits: Acres
  • Parcel #: 371618000006000033
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1301

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jul 17, 2019
Sold by
Karlowsky Trevor A and Karlowsky Shayla A
Bought by
Musson Chester and Musson Sara
Seller's Agent
Linda White
McColly Real Estate
Buyer's Agent
Dan Walstra
Countryside Realty
List Price
$357,000
Sold Price
$357,000
Current Estimated Value
$534,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,991
Avg. Annual Appreciation
6.64%
Original Mortgage
$285,600
Outstanding Balance
$250,211
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$284,780

Purchase Details

Listed on
Jun 28, 2017
Closed on
Jul 28, 2017
Sold by
Balas Craig Alan and Balas Morgan Autuman
Bought by
Karlowsky Trevor A and Karlowsky Shayla A
Seller's Agent
Daniela Butchart
Countryside Realty
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$263,920
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 26, 2013
Sold by
Becker William A and Becker Coralie J
Bought by
Balas Craig Alan and Balas Morgan Autumn
Seller's Agent
Dan Walstra
Countryside Realty
Buyer's Agent
Dan Walstra
Countryside Realty
List Price
$293,500
Sold Price
$293,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
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
Musson Chester -- Community Title Company
Karlowsky Trevor A -- Community Title Company
Balas Craig Alan -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musson Chester $285,600
Previous Owner Karlowsky Trevor A $263,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2019 07/17/19 Sold $357,000 0.0% $213 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $357,000 +8.2% $213 / Sq Ft
07/28/2017 07/28/17 Sold $329,900 0.0% $197 / Sq Ft View Prior Sale
07/28/2017 07/28/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $329,900 +12.4% $197 / Sq Ft
07/26/2013 07/26/13 Sold $293,500 0.0% $175 / Sq Ft View Prior Sale
06/18/2013 06/18/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $293,500 -- $175 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $2,024 $351,700 $78,100 $273,600
2023 $1,886 $332,000 $78,100 $253,900
2022 $1,931 $302,300 $74,100 $228,200
2021 $1,759 $268,300 $64,800 $203,500
2020 $1,873 $265,000 $64,800 $200,200
2019 $1,380 $215,200 $56,000 $159,200
2018 $1,300 $212,000 $56,000 $156,000
2017 $1,177 $202,800 $56,000 $146,800
2016 $1,137 $200,800 $56,000 $144,800
2014 $976 $195,100 $56,000 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR453150

Northwest Indiana Association of REALTORS®

APN: 37-16-18-000-006.000-033