NOT LISTED FOR SALE

5556 E 50 N Kokomo, IN 46901

Estimated Value: $531,000 - $660,000

3 Beds
3.5 Baths
3,947 Sq Ft
$154/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $499,000 $126 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,582/month

7 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Northwestern Senior High School Rated 10
  • Lake Property
  • Partially Wooded Lot

About This Home

As of December 2022

WELCOME TO SONESTA SHORES ON THE KOKOMO RESERVOIR! Picturesque views from almost every room. You will fall in love with the beautiful open design and unique architecture throughout the home. 2 Story entry w/ columns & curved stairway to upper level. Formal dining room with custom wall coverings, vaulted tray ceiling with crown molding. Bright kitchen w/10’ ceiling, granite counters, island w/raised bar, copper sink and vegetable sink. Sit and relax in the adjoining sitting room overlooking the water and woods. Great room features a gorgeous fireplace, custom wall covers, a wall of windows overlooking the multi-level decks- just breathtaking! Gorgeous Master suite fully finished Walk Out basement with family room, kitchenette w/wet bar, & full bath. Other amenities include fluted trim, crown moldings, tray ceilings, vaulted ceilings, custom niches, large walk-in closets, a huge floored attic room accessible thru garage or bedroom 3 closet, updated GFA Trane furnace, CA, & water heater, Kinetico water softener, pet fence & doggie door. Private dock. THIS IS A MUST SEE IF YOU WOULD LOVE LIVING ON THE WATER!

Last Agent to Sell the Property

Jenny Beals

The Hardie Group Listed on: 11/14/2022

Last Buyer's Agent

Paul Wyman

The Wyman Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,575

Year Built

  • Built in 1990

Lot Details

  • 2.34 Acre Lot
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Property has an invisible fence for dogs
  • Partially Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Kitchenette
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Sun Deck
  • Lake Property
  • Balcony
  • Patio

Schools

  • Howard Elementary School
  • Northwestern Middle School
  • Northwestern High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 34-04-36-251-010.000-022

Community Details

Overview

  • Sonesta Shores Subdivision

Amenities

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,575

Year Built

Built in 1990

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1990
  • Age: 32
  • Style: Two Story
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Sonesta Shores S/D Sec 2 Lots 13 & 14
  • Parcel Number ID: 34-04-36-251-010.000-022
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Balcony, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Crown Molding, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Firepit, Garage Door Opener, Kitchen Island, Open Floor Plan, Patio Open, Kitchenette
  • Location: Rural Subdivision
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3947
  • Total Finished Sq Ft: 3947
  • Above Grade Finished Sq Ft: 3096
  • Below Grade Finished Sq Ft: 851
  • Price Per Sq Ft: 161.18
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 19x15, On Level: Main
  • Kitchen: Dimensions: 21x16, On Level: Main
  • Breakfast Room: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 23x23, On Level: Basement
  • Den: Dimensions: 12x13, On Level: Main
  • Extra Room: Half Bath, Dimensions: 7x5, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 17x16, On Level: Upper
  • Bedroom 3: Dimensions: 14x13, On Level: Upper
  • Other Room1: Master Bath, Dimensions: 16x8, On Level: Main
  • Other Room 2: Full Bath, Dimensions: 13x7, On Level: Upper
  • Other Room 3: Full Bath, Dimensions: 8x7, On Level: Basement
  • 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: 851

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Pet Fence

Garage/Parking

  • Driveway: Circular, Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 37x25
  • Garage Sq Ft: 925
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 7
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 300
  • Association Fees Frequency: Annually

Schools

  • School District: Northwestern School Corp.
  • Elementary School: Howard Elementary
  • Middle School: Northwestern Middle School
  • High School: Northwestern High School
  • Elementary School: Howard Elementary

Lot Info

  • Lot Description: Partially Wooded, Waterfront, Lake
  • Lot Dimensions: 2.34
  • Estimated Lot Sq Ft: 101930
  • Estimated Lot Size Acres: 2.34

Tax Info

  • Annual Taxes: 3574.92
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Northwestern High School
  • Middle School: Northwestern Middle School
  • School District: Northwestern School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 3, 2023
Sold by
Hutchinson Todd Jeffrey
Bought by
Hutchinson Todd Jeffrey and Hutchinson Karin B
Seller's Agent
Jenny Beals
The Hardie Group
Buyer's Agent
Paul Wyman
The Wyman Group
List Price
$499,000
Sold Price
$499,000
Views
70
Current Estimated Value
$607,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,846
Avg. Annual Appreciation
7.41%
Original Mortgage
$499,000
Outstanding Balance
$483,511
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$124,335

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 30, 2022
Sold by
Carden Charles J and Carden Mary Sommers
Bought by
Hutchinson Todd Jeffrey
Seller's Agent
Jenny Beals
The Hardie Group
Buyer's Agent
Paul Wyman
The Wyman Group
List Price
$499,000
Sold Price
$499,000
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$483,511
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$124,335
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
Hutchinson Todd Jeffrey -- --
Hutchinson Todd Jeffrey -- --
Hutchinson Todd Jeffrey -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Todd Jeffrey $499,000
Closed Hutchinson Todd Jeffrey $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $499,000 0.0% $126 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $499,000 +44.6% $126 / Sq Ft
08/22/2013 08/22/13 Sold $345,000 -1.4% $111 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $350,000 -- $113 / 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 $4,013 $555,600 $41,000 $514,600
2022 $4,273 $506,000 $41,000 $465,000
2021 $3,544 $440,600 $44,900 $395,700
2020 $2,790 $388,000 $44,900 $343,100
2019 $2,442 $344,700 $44,900 $299,800
2018 $2,292 $344,700 $44,900 $299,800
2017 $2,410 $349,000 $48,800 $300,200
2016 $0 $356,400 $48,800 $307,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202246684

Indiana Regional MLS

APN: 34-04-36-251-010.000-022