NOT LISTED FOR SALE

56741 Lake St Osceola, IN 46561

Estimated Value: $160,000 - $238,000

2 Beds
1 Bath
624 Sq Ft
$325/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $32,500 $52 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $1,277/month

7 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Detached Garage
  • Forced Air Heating System
  • Elm Road Elementary School Rated A

About This Home

As of January 2013

Cute Osceola ranch. Penn schools! Large 5 car garage on a large lot. The seller will pay up to $500 towards a home warranty for an owner occupant. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 12/22/2012.ONLY OFFERS FROM OWNER OCCUPANTS, NON PROFITS,NSP GRANTEES AND COMMUNITY DEVELOPMENT ORGANIZATIONS ARE ELIGIBLE DURING THE FIRST LOOK INITIATIVE.

Last Listed By

David Miller

Berkshire Hathaway HomeServices Elkhart Listed on: 12/07/2012

Berkshire Hathaway HomeServices Elkhart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.63

Parking

  • 3 Car Detached Garage

Home Design

  • 624 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic System

Additional Features

  • Lot Dimensions are 122 x 225
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 14-1044-079815

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 56 RIVERSIDE GARDEN FARMS PRO 8 37 4E
  • Parcel Number ID: 14-1044-079815
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.12
  • Special Features: None

Interior Features

  • Total Sq Ft: 624
  • Total Finished Sq Ft: 624
  • Above Grade Finished Sq Ft: 624
  • Price Per Sq Ft: 52.08
  • Basement Foundation: Slab
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Other Room1: On Level: N/A
  • Other Room 2: On Level: N

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well

Schools

  • High School: Penn

Lot Info

  • Lot Dimensions: 122 x 225
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 1804.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2012
Closed on
Jan 10, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Depastine Stephen M
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Total Days on Market
7
Current Estimated Value
$203,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,595
Avg. Annual Appreciation
15.92%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Nov 15, 2012
Sold by
Phelps James W
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Ciluffo Retha
Bought by
Phelps James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Depastine Stephen M -- None Available
Federal Home Loan Mortgage Corporation $47,023 None Available
Phelps James W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depastine Stephen M $135,900
Closed Depastine Stephen M $105,000
Closed Depastine Stephen M $76,000
Closed Depastine Stephen M $56,000
Previous Owner Phelps James W $27,900
Previous Owner Phelps James W $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $32,500 -6.9% $52 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $34,900 -- $56 / 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 $1,675 $176,200 $50,800 $125,400
2023 $1,765 $194,500 $50,800 $143,700
2022 $1,765 $180,400 $50,800 $129,600
2021 $733 $106,400 $18,900 $87,500
2020 $751 $109,400 $19,300 $90,100
2019 $786 $111,700 $19,600 $92,100
2018 $583 $97,000 $16,600 $80,400
2017 $603 $97,200 $16,600 $80,600
2016 $673 $97,800 $16,600 $81,200
2014 $679 $96,300 $16,600 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 557629

Indiana Regional MLS

APN: 71-10-08-353-012.000-031