NOT LISTED FOR SALE

5631 Cascina Ln Unit 14 Auburn, IN 46706

Estimated Value: $563,000 - $809,000

0.35 Acre
$1,893,327 Price per Acre
15,333 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $200,000

Est. 233% increase in value since last sale

Current estimated payment $3,736/month

7 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake Property
  • Waterski or Wakeboard
  • Pier or Dock
  • Dock Rights

About This Lot

As of October 2022

Lot #14 is slab lot with water frontage of 60ft and a South, Southeast orientation to the lake. Living in a lake community and still being able to drive to work just became possible at Heron Lake! Located just 8 minutes north of Parkview Regional Medical Center, you can now enjoy lake life's natural beauty and serenity seven days a week and wave goodbye to long commutes or the need for multiple properties. This all-sports 100% private lake community is the complete package. When you’re not out enjoying the water, you’ll have exclusive access to walkable amenities, including a boutique winery, multiple shops, over 4 miles of paved trails throughout the park spaces. Lake life is no longer a weekend affair. Start enjoying the ability to balance work and adventure by joining the Heron Lake community today. COMMUNITY AMENITIES include: All-sports lake for all types of boating and lake activities such as jet skiing, tubing, water skiing, and fishing, Ideal proximity to Fort Wayne makes it a short trip for commuters, 4+ miles of paved trails around the lake, natural wood areas, and along a beautiful stretch of Cedar Creek, 80 acres of park and recreation space, One-of-a-kind shops, unique grocery store, and local winery coming soon, Island event center for resident events and leisure. RESIDENT FEATURES include: Bountiful amounts of space both in the front and back of all lots, Private access to the lake (no public access) keeps the lake uncrowded and available for all water sports and leisurely boat rides, Gravel lake bottom allows best overall uses, Exclusive access to marinas to park or store your boats (if you're not docking on your lot), Rentable space at our private event center, gazebos, and more, Fastest fiber internet speeds in Northeast Indiana (great for remote workers), Site managed by professional property management, no HOA.

Last Agent to Sell the Property

Martin Brandenberger

Coldwell Banker Real Estate Group Listed on: 05/27/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Martin Brandenberger

Coldwell Banker Real Estate Group Listed on: 05/27/2022

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $101

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 60x205
  • 60 Feet of Waterfront
  • Lake Front
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Mckenney-Harrison Elementary School
  • Dekalb Middle School
  • Dekalb High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 17-10-07-300-027.000-009

Community Details

Overview

  • $188 Other Monthly Fees
  • Heron Lake Subdivision
  • The community has rules related to building or community restrictions

Recreation

  • Pier or Dock
  • Waterski or Wakeboard
  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$101

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: The Springs Sec 1 Lot 14
  • Parcel Number ID: 17-10-07-300-027.000-009
  • Platted: Yes
  • Location: Lake
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 1
  • Sp Lp Percent: 93.02
  • Parcel Description: Lake, Waterfront
  • Restrictions: Building Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2022
  • Special Features: None

Exterior Features

  • Lake Type: Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock Available
  • Water Frontage: 60
  • Water Name: Heron Lake
  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Other Fee Description: Lakefront Water Fee
  • Other Fees Dollar: 2250

Schools

  • School District: Dekalb Central United
  • Elementary School: McKenney-Harrison
  • Middle School: Dekalb
  • High School: Dekalb
  • Elementary School: McKenney-Harrison

Lot Info

  • Lot Dimensions: 60x205
  • Estimated Lot Sq Ft: 15337
  • Estimated Lot Size Acres: 0.352
  • Lot Number: 14
  • Easements: Yes

Tax Info

  • Annual Taxes: 100.68

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Dekalb
  • Middle School: Dekalb
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 3, 2022
Sold by
Heron Development Llc
Bought by
Frank Christopher Michael and Skimos Andrea Elaine
Seller's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
Buyer's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
32
Current Estimated Value
$666,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,451
Avg. Annual Appreciation
48.58%
Original Mortgage
$679,000
Outstanding Balance
$652,636
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$13,815
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
Frank Christopher Michael -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Christopher Michael $679,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $200,000 -7.0% --
06/03/2022 06/03/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $215,000 -- --
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 $2,892 $578,300 $204,500 $373,800
2023 $1,556 $343,900 $204,500 $139,400
2022 $88 $9,200 $9,200 $0
2021 $92 $9,000 $9,000 $0
2020 $96 $9,000 $9,000 $0
2019 $99 $9,000 $9,000 $0
2018 $28 $2,000 $2,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202220671

Indiana Regional MLS

APN: 17-10-07-300-027.000-009