NOT LISTED FOR SALE

560 Lane 120 Lime Lake Angola, IN 46703

Estimated Value: $388,000 - $451,998

3 Beds
2 Baths
1,425 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $220,159 $154 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,291/month

29 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Pier or Dock
  • Ranch Style House
  • Prairie Heights Senior High School Rated 9+
  • Lake, Pond or Stream
  • Partially Wooded Lot

About This Home

As of May 2019

Lakefront, Lakefront, LAKEFRONT!!!! Over 150' of lakefront with a beautiful firm bottom swimming area. The back yard feels very private and would make a great summertime retreat. Overlook the lake, beautiful grounds and boat house in your all-seasons sun-room. Recent renovations make this cottage a must see. It's charm comes from the updated kitchen, flooring and so much more. Take a short boat ride on Lime Lake and you will quickly be connected to Lake Gage, a beautiful All-Sports lake. The best of both worlds!! The three car garage with a heated bay is a wood workers/hobbyist's dream! You will fall in love with this place over and over. A house that will be cherished by all family members for years to come!

Last Agent to Sell the Property

Lori Kain

Mike Thomas Associates Listed on: 03/11/2019

Last Buyer's Agent

Craig Walker

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,263

Year Built

  • Built in 1954

Lot Details

  • 0.54 Acre Lot
  • 160 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Partially Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,425 Sq Ft Home
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Prairie Heights Elementary And Middle School
  • Prairie Heights High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 76-04-35-320-321.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,263

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1954
  • Age: 65
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Shady Nook 4th Add Lot, 5,6 and 7
  • Parcel Number ID: 76-04-35-320-321.000-007
  • Platted: Yes
  • Parcel Id2: 760435320322000007, 760435320323000007
  • Sp Lp Percent: 91.92
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1425
  • Total Finished Sq Ft: 1425
  • Above Grade Finished Sq Ft: 1425
  • Price Per Sq Ft: 154.5
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Extra Room: Sunroom, Dimensions: 12x20, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None, Dimensions: 26x14
  • Lake Type: Access to Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 160
  • Water Name: Lime Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x40
  • Garage Sq Ft: 960
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Hot Water
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 70
  • Association Fees Frequency: Optional

Schools

  • School District: Prairie Heights Community
  • Elementary School: Prairie Heights
  • Middle School: Prairie Heights
  • High School: Prairie Heights
  • Elementary School: Prairie Heights

Lot Info

  • Lot Description: Partially Wooded, Slope, Waterfront-Level Bank
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 23392
  • Estimated Lot Size Acres: 0.537
  • Lot Number: 7

Tax Info

  • Annual Taxes: 2262.79
  • Total Assessed Value: 414000

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Prairie Heights
  • Middle School: Prairie Heights
  • School District: Prairie Heights Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 31, 2019
Sold by
Johson Bradley K and Johson Bridgitte L
Bought by
Cornelius Henry L and Cornelius Cathy A
Seller's Agent
Lori Kain
Mike Thomas Associates
Buyer's Agent
Craig Walker
Coldwell Banker Real Estate Group
List Price
$239,500
Sold Price
$220,159
Premium/Discount to List
-$19,341
-8.08%
Current Estimated Value
$416,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,841
Avg. Annual Appreciation
9.98%
Original Mortgage
$140,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2000
Sold by
Baughn Bruce K and Baughn Annabelle
Bought by
Baughn Bruce K and Baughn David A R
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
Cornelius Henry L -- Fidelity National Ttl Co Llc
Baughn Bruce K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Henry L $234,000
Closed Cornelius Henry L $177,000
Closed Cornelius Henry L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $220,159 -8.1% $154 / Sq Ft
03/11/2019 03/11/19 For Sale $239,500 +19.8% $168 / Sq Ft
10/14/2016 10/14/16 Sold $200,000 -25.9% $140 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $269,900 -- $189 / 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 $997 $227,800 $94,800 $133,000
2023 $899 $218,200 $89,400 $128,800
2022 $1,058 $220,900 $89,400 $131,500
2021 $901 $192,200 $85,200 $107,000
2020 $798 $171,600 $74,100 $97,500
2019 $823 $170,300 $72,800 $97,500
2018 $815 $167,300 $72,800 $94,500
2017 $763 $186,200 $111,800 $74,400
2016 $744 $184,600 $111,800 $72,800
2014 $737 $181,400 $111,800 $69,600
2013 $737 $182,100 $111,800 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201908370

Indiana Regional MLS

APN: 76-04-35-320-321.000-007