NOT LISTED FOR SALE

5798 E 500 N Leesburg, IN 46538

Estimated Value: $360,000 - $411,000

5 Beds
2.5 Baths
2,430 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $270,000 $111 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,091/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Partially Wooded Lot
  • Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of September 2021

Take advantage of low rates with this beautiful, updated farmhouse on over 5.5 acres of sprawling property. Adjacent to 300 acres of nature reserve, this 5bd, 2.5ba home is close to town yet offers the benefits of private country living. Lots of updates and features (please see attached document) including all new plumbing, water heater, well pressure tank, reverse osmosis water filtration system, etc...Large master suite with walk in closet and private patio off sliding patio door. Remodeled 2nd story featuring two bedrooms and a brand new 1/2 bath. A large barn sits on the property, perfect for housing animals or additional storage. Set up a tour today and take a walk back through the trails and get lost in the quiet simplicity of country living! Please see document page to take advantage of buyer credits offered! Stairs and upstairs bedrooms/hallway have just been carpeted.

Last Agent to Sell the Property

Jace Stewart

Northern Lakes Realty Listed on: 08/03/2021

Last Buyer's Agent

Heather Deal

H Team Dream Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,122

Year Built

  • Built in 1900

Lot Details

  • 5.61 Acre Lot
  • Lot Dimensions are 670 x 417
  • Rural Setting
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Entrance Foyer
  • Partially Finished Basement
  • Basement Cellar
  • Storage In Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-08-17-200-190.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,122

Year Built

Built in 1900

Lot Details

5.61 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SE SE 17-33-7 5.61A per survey
  • Parcel Number ID: 43-08-17-200-190.000-023
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Foyer Entry, Kitchen Island, Open Floor Plan, Porch Covered, Twin Sink Vanity, Stand Up Shower, Main Level Bedroom Suite
  • Grid: 10 - Central Kosc.
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3630
  • Total Finished Sq Ft: 2430
  • Above Grade Finished Sq Ft: 1980
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 1200
  • Basement: Yes
  • Basement Foundation: Cellar, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Rec Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 18x18, On Level: Main
  • Kitchen: Dimensions: 17x15, On Level: Main
  • Recreation Room: On Level: Lower
  • Bedroom 1: Dimensions: 20x16, On Level: Main
  • Bedroom 2: Dimensions: 15x8, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Main
  • Bedroom 4: Dimensions: 15x9, On Level: Upper
  • Bedroom 5: Dimensions: 15x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1650

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Barn, Dimensions: 80x32
  • Outbuilding2: Shed, Dimensions: 12x10, 120

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Well Type: Private

Schools

  • Elementary School: North Webster

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling
  • Lot Dimensions: 670 x 417
  • Estimated Lot Sq Ft: 244372
  • Estimated Lot Size Acres: 5.61

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Energy Star Windows

Tax Info

  • Annual Taxes: 1121.9
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 24, 2021
Sold by
Loebs Patrick and Loebs Heidi
Bought by
Villa Tomas Salgado and De Salgado Petra
Seller's Agent
Jace Stewart
Northern Lakes Realty
Buyer's Agent
Heather Deal
H Team Dream Homes
List Price
$267,000
Sold Price
$270,000
Premium/Discount to List
$3,000
1.12%
Current Estimated Value
$382,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,056
Avg. Annual Appreciation
8.21%
Original Mortgage
$243,000
Outstanding Balance
$221,593
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$160,463

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 14, 2021
Sold by
Cantu Isaac J
Bought by
Loebs Patrick and Loebs Heidi
Seller's Agent
Julie Hall
Patton Hall Real Estate
Buyer's Agent
Marcus Moore
Northern Lakes Realty
List Price
$219,900
Sold Price
$217,000
Premium/Discount to List
-$2,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.26%
Original Mortgage
$173,600
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2018
Closed on
May 18, 2018
Sold by
Leigh
Bought by
Isaac
Seller's Agent
Kay Young
ERA Crossroads
Buyer's Agent
Greg White
Re/Max Lakes
List Price
$197,900
Sold Price
$193,800
Premium/Discount to List
-$4,100
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$184,110
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 22, 2016
Sold by
Sullivan James B and Sullivan Sharada S
Bought by
Strauss Leigh A
Seller's Agent
Kim Conrad
Coldwell Banker Real Estate Group
Buyer's Agent
Kay Young
ERA Crossroads
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$175,000
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Listed on
Jul 18, 2012
Closed on
Jun 10, 2013
Sold by
Jones Stephen G and Jones Lori E
Bought by
Sullivan James B and Sullivan Sharada S
Seller's Agent
Bev Ganshorn
Brian Peterson Real Estate
Buyer's Agent
Kim Conrad
Coldwell Banker Real Estate Group
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$140,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2000
Sold by
Evilsizor Donald L and Evilsizor Christy L
Bought by
Jones Stephen G and Jones Lori E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Villa Tomas Salgado $270,000 None Available
Loebs Patrick -- North American Title Company
Isaac $193,800 --
Cantu Isaac J $193,800 Metropolitan Title
Strauss Leigh A -- Attorney
Sullivan James B -- None Available
Jones Stephen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Tomas Salgado $243,000
Previous Owner Loebs Patrick $173,600
Previous Owner Cantu Isaac J $184,110
Previous Owner Strauss Leigh A $175,000
Previous Owner Sullivan James B $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $270,000 0.0% $111 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $270,000 +1.1% $111 / Sq Ft
08/03/2021 08/03/21 For Sale $267,000 +23.0% $110 / Sq Ft
01/14/2021 01/14/21 Sold $217,000 -1.3% $84 / Sq Ft View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $219,900 +13.5% $85 / Sq Ft
05/18/2018 05/18/18 Sold $193,800 -2.1% $75 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $197,900 +13.1% $77 / Sq Ft
09/23/2016 09/23/16 Sold $175,000 -5.4% $68 / Sq Ft View Prior Sale
07/19/2016 07/19/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $185,000 +15.6% $72 / Sq Ft
06/10/2013 06/10/13 Sold $160,000 -5.8% $62 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
07/18/2012 07/18/12 For Sale $169,900 -- $66 / Sq Ft
Source: Indiana Regional MLS

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 $1,478 $257,100 $52,000 $205,100
2023 $1,399 $243,600 $52,000 $191,600
2022 $1,332 $224,400 $52,000 $172,400
2021 $1,157 $196,200 $52,000 $144,200
2020 $1,122 $197,300 $47,700 $149,600
2019 $1,044 $188,500 $47,700 $140,800
2018 $951 $185,800 $47,700 $138,100
2017 $899 $175,000 $47,700 $127,300
2016 $704 $163,700 $44,400 $119,300
2014 $750 $160,200 $44,400 $115,800
2013 $750 $138,800 $40,100 $98,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202131485

Indiana Regional MLS

APN: 43-08-17-200-190.000-023

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