NOT LISTED FOR SALE

5711 W County Road 1070 N Unit Lot 19 Gaston, IN 47342

Estimated Value: $84,000 - $132,000

2 Beds
1 Bath
1,251 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $85,000 $68 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $598/month

4 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Lake Property
  • Eat-In Kitchen
  • Boat Dock
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of October 2023

2 Bedroom, 1 bath, This little all-electric lake house is everything you didn't know you were looking for. The home sits on Elm Lake in Gaston and takes advantage of that fact. The sunroom has plenty of windows as a perfect view of the water. You can stand on your personal dock, feed the fish and then catch them when they are nice and fat. The catfish are as big as your arm. The home is situated facing the lake so almost any window you look out of, you see the lake, the green trees and the flowers surrounding the home. It has a large 2 car detached garage behind the home and sits on over a quarter of an acre. A small HOA helps maintain the channel and lake. It really is a little slice of serenity worth investigating.

Last Agent to Sell the Property

Robb Riley

Viking Realty Brokerage Phone: 765-730-8714 Listed on: 09/22/2023

Last Buyer's Agent

Melissa Glidden

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $165

Year Built

  • Built in 1951

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 78x175
  • 40 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Landscaped
  • Level Lot
  • Irregular Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Water Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Wes-Del Elementary And Middle School
  • Wesdel High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-02-24-177-010.000-024

Community Details

Overview

  • Elm Lake Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$165

Year Built

Built in 1951

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1951
  • Age: 72
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ELM LAKE & PT LOT 19
  • Parcel Number ID: 18-02-24-177-010.000-024
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Landscaped, Range/Oven Hook Up Elec, Storm Doors, Main Floor Laundry, Washer Hook-Up
  • Location: Lake, Rural Subdivision
  • Sp Lp Percent: 100.12
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1251
  • Total Finished Sq Ft: 1251
  • Above Grade Finished Sq Ft: 1251
  • Price Per Sq Ft: 67.95
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Den, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Other Room1: Sunroom, Dimensions: 14x14, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Water Features: Assoc, Pier/Dock
  • Water Frontage: 39.55
  • Water Name: Lake Elm

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x25
  • Garage Sq Ft: 625
  • Garage: Yes

Utilities

  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx4, On Level: 6
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 200
  • Association Fees Frequency: Annually
  • Common Amenities: Dock

Schools

  • School District: Wes-Del Community Schools
  • Elementary School: Wes-Del
  • Middle School: Wes-Del
  • High School: Wesdel
  • Elementary School: Wes-Del

Lot Info

  • Lot Description: Irregular, Level, Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 78x175
  • Estimated Lot Sq Ft: 13634
  • Estimated Lot Size Acres: 0.313

Tax Info

  • Annual Taxes: 165.02
  • Total Assessed Value: 58200
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wesdel
  • Middle School: Wes-Del
  • School District: Wes-Del Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 20, 2023
Sold by
Lohrman Bruce D and Lohrman Joye
Bought by
Hopping Mark
Seller's Agent
Robb Riley
Viking Realty
Buyer's Agent
Melissa Glidden
RE/MAX Real Estate Groups
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%
Views
14
Current Estimated Value
$103,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,577
Avg. Annual Appreciation
8.44%

Purchase Details

Listed on
May 13, 2015
Closed on
Nov 20, 2015
Sold by
Christian Kara G
Bought by
Lohrman Bruce D and Lohrman Joye
Seller's Agent
Raymond Burcham
Coldwell Banker Real Estate Group
Buyer's Agent
Raymond Burcham
Coldwell Banker Real Estate Group
List Price
$57,900
Sold Price
$54,500
Premium/Discount to List
-$3,400
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$53,495
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
White Thomas G
Bought by
Christian Kara G

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
5.89%
Mortgage Type
New Conventional
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
Hopping Mark -- None Listed On Document
Lohrman Bruce D -- --
Christian Kara G -- Rowland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lohrman Bruce D $56,629
Previous Owner Lohrman Bruce D $53,495
Previous Owner Christian Kara G $48,925
Previous Owner Christian Kara G $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $85,000 +0.1% $68 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $84,900 +55.8% $68 / Sq Ft
11/20/2015 11/20/15 Sold $54,500 -5.9% $52 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $57,900 -- $55 / 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 $253 $57,700 $6,100 $51,600
2023 $236 $57,700 $6,100 $51,600
2022 $186 $58,200 $6,100 $52,100
2021 $188 $56,400 $7,400 $49,000
2020 $197 $56,900 $7,400 $49,500
2019 $195 $56,900 $7,400 $49,500
2018 $144 $45,400 $7,400 $38,000
2017 $135 $46,000 $8,300 $37,700
2016 $133 $46,000 $8,300 $37,700
2014 $147 $52,000 $9,200 $42,800
2013 -- $51,500 $9,200 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202334703

Indiana Regional MLS

APN: 18-02-24-177-010.000-024