NOT LISTED FOR SALE

5586 W Walters St Albion, IN 46701

Estimated Value: $95,725 - $139,000

1 Bed
1 Bath
684 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $4,500 $7 Per Sq Ft

Est. 2,621% increase in value since last sale

Current estimated payment $749/month

314 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Lake, Pond or Stream
  • 1-Story Property
  • Pier or Dock
  • Covered patio or porch
  • Baseboard Heating

About This Home

As of August 2012

Lake front property with an existing cottage that is a tear down. Sewer tap is already in and so is the well. Interior has been gutted. Seller has not torn down because if they do the next owner may not be able to get permits to rebuild. Property is in a flood zone and there is mold in the current structure, it is being sold as is. The lake is great for fishing and has a nature preserve located on the northern side.

Last Agent to Sell the Property

Anna Marquardt

Coldwell Banker Real Estate Gr Listed on: 09/16/2011

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Anna Marquardt

Coldwell Banker Real Estate Gr Listed on: 09/16/2011

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1949

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 40x170
  • 40 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch

Schools

  • Wolf Lake Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

  • Baseboard Heating
  • Propane
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 571918300173000009

Community Details

Overview

  • Depew Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$799

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 63
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Depew 3rd Add Lot 31 |
  • Parcel Number ID: 571918300173000009
  • Amenities: Porch Covered, Range/Oven Hook Up Gas
  • Cross Street: 575W
  • Section Number: 3
  • Sp Lp Percent: 45.45
  • State Id: 57-19-18-300-173.000-009
  • Year Taxes Payable: 2011
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 684
  • Total Finished Sq Ft: 684
  • Above Grade Finished Sq Ft: 684
  • Price Per Sq Ft: 6.58
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 12x15, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: Y, On Level: N/A
  • Bedroom 1: Dimensions: 9x10, On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Shed, Dimensions: 7x12, 84
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 40
  • Water Name: High Lake

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Propane, Baseboard
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: On Level: 6
  • Water Type: Lake
  • Well Size: Unknown
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Wolf Lake
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Wolf Lake

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x170
  • Estimated Lot Sq Ft: 6800
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 31

Tax Info

  • Annual Taxes: 35

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Randy Jahn
Bought by
Gibson Sterling J and Gibson Carol A
Current Estimated Value
$122,431

Purchase Details

Listed on
Sep 16, 2011
Closed on
Aug 3, 2012
Sold by
Toni L Baughman
Bought by
Randy Jahn
Seller's Agent
Anna Marquardt
Coldwell Banker Real Estate Gr
Buyer's Agent
Anna Marquardt
Coldwell Banker Real Estate Gr
List Price
$25,000
Sold Price
$4,500
Premium/Discount to List
-$20,500
-82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.43%
Source: Public Records

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Range of Values:

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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
Gibson Sterling J -- North American Title
Randy Jahn $4,500 Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $4,500 -82.0% $7 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $25,000 -- $37 / 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 $799 $61,000 $17,300 $43,700
2023 $799 $51,300 $14,400 $36,900
2022 $688 $50,200 $14,400 $35,800
2021 $651 $49,800 $13,900 $35,900
2020 $695 $45,600 $12,400 $33,200
2019 $636 $43,500 $11,800 $31,700
2018 $629 $42,300 $11,800 $30,500
2017 $625 $42,200 $11,800 $30,400
2016 $673 $44,700 $11,800 $32,900
2014 $612 $46,000 $9,400 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201110148

Indiana Regional MLS

APN: 571918300173000009