NOT LISTED FOR SALE

5755 Schultz Rd Elberfeld, IN 47613

Estimated Value: $304,000 - $721,000

3 Beds
4 Baths
4,000 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $608,000 $152 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,522/month

11 Days on Market

Highlights

  • 5,000 Feet of Waterfront
  • Pier or Dock
  • Spa
  • Elberfeld Elementary School Rated A-
  • Parking available for a boat
  • RV Parking in Community

About This Home

As of June 2018

A full walkout basement opens onto a patio area. A open deck area with a screened porch A is connected to the master suite. Home has a covered porch. Unique wood features such as custom cut 1" thick wide plank oak hardwood floors, vaulted ceilings and exposed 6" by 6" second level floor joists that are notched into the 12" by 12" main beam are incorporated throughout the home. The main level offers a master suite with full bath, great room with fireplace, kitchen area, dining area, half bath and laundry room. The upper level, accessed by an exposed, custom wood stairway, has a 14' loft overlooking the great room, 2 bedrooms and a full bath. The lower level is a large open area, a half bath, a storage room and a 2.5 car garage.

Last Agent to Sell the Property

Joshua Vida

Paradigm Realty Solutions Listed on: 04/20/2018

Last Buyer's Agent

Trae Dauby

Dauby Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 2005

Lot Details

  • 22 Acre Lot
  • Lot Dimensions are 50x50
  • 5,000 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Log Cabin
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Bar
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Great Room
  • Living Room with Fireplace
  • Screened Porch
  • Water Views

Kitchen

  • Electric Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Garden Bath

Partially Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Spa
  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 87-08-04-201-010.000-006

Community Details

Overview

  • RV Parking in Community

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2005
  • Age: 13
  • Style: Three Story
  • Architectural Style: Log, Cabin/Cottage
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: LOT 10 WOOD RIDGE Except oil, gas, coal & Other minerals |
  • Parcel Number ID: 87-08-04-201-010.000-006
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Balcony, Bar, Ceiling Fan(s), Ceilings-Beamed, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Garage Door Opener, Jet Tub, Jet/Garden Tub, Guest Quarters, Kitchen Island, Natural Woodwork, Near Walking Trail, Open Floor Plan, Porch Screened, Range/Oven Hook Up Elec, Storm Windows, Twin Sink Vanity, RV Parking, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room
  • Sp Lp Percent: 90.07
  • Special Features: None

Interior Features

  • Total Sq Ft: 5500
  • Total Finished Sq Ft: 4000
  • Above Grade Finished Sq Ft: 3100
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 1500
  • Price Per Sq Ft: 196.13
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Free Standing
  • Fireplace: Yes
  • Kitchen: On Level: Main
  • Recreation Room: Dimensions: 35x35, On Level: Basement
  • Bedroom 1: Dimensions: 30x20, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Loft: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 1500
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2400

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Shed, Dimensions: 10x10
  • Outbuilding2: Shed, Dimensions: 10x10, 100
  • Water Features: Pier/Dock, Boat Lot
  • Water Frontage: 5000

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 20x15
  • Garage Sq Ft: 300
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Water Type: Pond

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Elberfeld
  • Middle School: Castle North
  • High School: Castle

Lot Info

  • Lot Description: Heavily Wooded, Rolling, Lake, Water View, Wooded, Waterfront-Level Bank
  • Lot Dimensions: 50x50
  • Estimated Lot Sq Ft: 958320
  • Estimated Lot Size Acres: 22

Green Features

  • Energy Efficient: Appliances
  • Energy Efficient Windows/Doors: Double Pane Windows, Energy Star Windows, Storm Doors

Tax Info

  • Annual Taxes: 3520
  • Total Assessed Value: 223500

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 8, 2018
Sold by
Steele Margaret T and Cotton Margaret T
Bought by
Harris Clinton R and Harris Cherrie J
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Trae Dauby
Dauby Real Estate
List Price
$675,000
Sold Price
$608,000
Premium/Discount to List
-$67,000
-9.93%
Current Estimated Value
$589,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,141
Avg. Annual Appreciation
-0.49%
Original Mortgage
$350,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Nov 18, 2014
Sold by
Wilzbacher Dennis R and Wilzbacher Damonte B
Bought by
Cotton Margaret T
Seller's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Al Lentz
F.C. TUCKER EMGE
List Price
$665,000
Sold Price
$600,000
Premium/Discount to List
-$65,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$390,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Harris Clinton R -- None Available
Cotton Margaret T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Clinton R $312,000
Closed Harris Clinton R $350,000
Previous Owner Cotton Margaret T $390,000
Previous Owner Wilzbacher Dennis R $447,190
Previous Owner Wilzbacher Denis R $249,000
Previous Owner Wilzbacher Dennis R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $608,000 -9.9% $152 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $675,000 +12.5% $169 / Sq Ft
11/18/2014 11/18/14 Sold $600,000 -9.8% $194 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $665,000 -- $215 / 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 $3,700 $470,200 $167,100 $303,100
2023 $3,618 $455,800 $153,500 $302,300
2022 $3,484 $406,500 $151,800 $254,700
2021 $3,616 $362,200 $144,100 $218,100
2020 $3,665 $352,200 $144,100 $208,100
2019 $3,588 $352,200 $141,600 $210,600
2018 $3,567 $354,700 $141,600 $213,100
2017 $3,521 $353,700 $141,600 $212,100
2016 $3,508 $357,200 $141,600 $215,600
2014 $2,491 $280,800 $89,000 $191,800
2013 $2,456 $284,900 $89,000 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201815677

Indiana Regional MLS

APN: 87-08-04-201-010.000-006