NOT LISTED FOR SALE

5550 S Ernest St Terre Haute, IN 47802

Estimated Value: $308,202 - $398,000

4 Beds
2.5 Baths
2,722 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $330,000 $121 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,242/month

1 Day on Market

Highlights

  • Waterfront
  • Formal Dining Room
  • Patio
  • Wood Flooring
  • 2 Car Attached Garage
  • Entrance Foyer

About This Home

As of February 2022

Beautiful lake view in Lakewood Sub. You're welcome to fish, swim or boat...and this home is situated to catch the sunset. Chic kitchen design. Everything's new: quartz counters, lovely glass backsplash, white cabinets, lg. kit. island, farm sink, new appliances (fridge has reverse osmosis system att. to water). New HW floors in kit., FR & foyer. This home provides an oasis from your workday. Fenced backyard, open patio space, large ceramic tiled sunroom w/amazing views of THE LAKE! 4 large bedrooms upstairs. Downstairs is ample living space w/large living, formal dining, & family room. The 2 car att. gar. is wired for an electric vehicle. Nest thermostat & Ring doorbell are included. Homes on the lake pay a fee. Last year the fee was $230.

Last Agent to Sell the Property

Debbie Hill

Dropped Members License #RB14039500 Listed on: 01/24/2022

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1988

Lot Details

  • 0.49 Acre Lot
  • Waterfront
  • Rural Setting

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Riley Elementary School
  • Honey Creek Middle School
  • Terre Haute South Vigo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association Phone (812) 249-4069
  • Lakewood Subdivision
  • Property managed by Norm Froderman

Listing and Financial Details

  • Tax Lot 226
  • Assessor Parcel Number 841016404012000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 1988

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1988
  • Building Area Total: 2722
  • Garage Y N: Yes
  • Lot Size Acres: 0.488
  • Subdivision Name: Lakewood
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • MBR_AttributionContact: dhill@coldwellhomes.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer, MicroHood, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Entrance Foyer, Center Island, Pantry
  • Living Area: 2722
  • Other Equipment: Smoke Alarm, Not Applicable
  • Areas Interior: Living Room Formal,Utility Room
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1478
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1244
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2722

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 314900
  • Patio And Porch Features: Open Patio
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 230
  • Association Fee Frequency: Annually
  • Association Phone: 812-249-4069
  • Association YN: Yes
  • Management Company Name: Norm Froderman

Schools

  • Middle Or Junior School: Honey Creek Middle School

Lot Info

  • Lot Features: Rural - Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 21257
  • Parcel Number: 841016404012000018
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2230
  • Tax Lot: 226
  • Semi Annual Property Tax Amt: 1115
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Riley Elementary School
  • High School: Terre Haute South Vigo High School
  • Schools: HONEY CREEK MIDDLE,RILEY ELEMENTARY,TERRE HAUTE SOUTH VIGO HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Feb 15, 2022
Sold by
Williamson Lauren
Bought by
Lawrence Emily
Seller's Agent
Debbie Hill
Dropped Members
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$314,900
Sold Price
$330,000
Premium/Discount to List
$15,100
4.8%
Current Estimated Value
$364,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,172
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Stewart John R and Stewart Gail K
Bought by
Williamson Evan and Williamson Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,503
Interest Rate
4.5%
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
Lawrence Emily $330,000 Hendrich Title Company
Williamson Evan -- Integrity Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williamson Evan $271,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $330,000 +4.8% $121 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $314,900 -- $116 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,760 $255,000 $57,900 $197,100
2023 $2,714 $251,600 $57,900 $193,700
2022 $2,439 $224,900 $57,900 $167,000
2021 $2,250 $208,300 $56,700 $151,600
2020 $2,230 $206,500 $56,200 $150,300
2019 $2,186 $202,800 $55,200 $147,600
2018 $2,938 $226,600 $75,000 $151,600
2017 $1,542 $190,800 $35,500 $155,300
2016 $1,348 $184,200 $34,200 $150,000
2014 $1,252 $178,200 $33,600 $144,600
2013 $1,252 $173,800 $32,100 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21834971

MIBOR Broker Listing Cooperative®

APN: 84-10-16-404-012.000-018