NOT LISTED FOR SALE

5800 S 510 E Wolcottville, IN 46795

Estimated Value: $214,000 - $371,000

2 Beds
1 Bath
1,160 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $143,000 $123 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,595/month

20 Days on Market

Highlights

  • 33 Feet of Waterfront
  • Lake Property
  • Formal Dining Room
  • Pier or Dock
  • Ranch Style House
  • 2 Car Detached Garage

About This Home

As of May 2019

Fall in love at the front door with this cozy cottage on Adams Lake channel front. Charming house in good condition. Family room with wonderful view of the water, also includes living room, master bedroom, and large 2nd bedroom. Nice sized kitchen with appliances included. Adams Lake is one of LaGrange County's premier lakes - it is clean and deep. All sports from 10:00 am to 6:00 pm, with the early morning and evenings reserved for cruising the lake and fishing. Restaurant on the lake. Detached garage on the 2nd lot. Lots of storage space in the garage. Do not miss out on this home as it will not last long.

Last Agent to Sell the Property

David Springer

Mike Thomas Assoc., Inc Listed on: 04/05/2019

Mike Thomas Assoc., Inc

Last Buyer's Agent

Michael Payne

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1950

Lot Details

  • 7,057 Sq Ft Lot
  • Lot Dimensions are 75 x 93
  • 33 Feet of Waterfront
  • Home fronts a canal

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,160 Sq Ft Home
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Wolcott Mills Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 44-10-24-300-040.004-010

Community Details

Overview

  • Oak Shade / Oakshade Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 69
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Oakshade 3rd Add Lot 4 Oakshade 3rd Add Lot 5
  • Parcel Number ID: 44-10-24-300-040.004-010
  • Platted: Yes
  • Amenities: Breakfast Bar, Countertops-Laminate, Range/Oven Hk Up Gas/Elec, Formal Dining Room
  • Location: Lake
  • Parcel Id2: 441024300040005010
  • Sp Lp Percent: 98.69
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1160
  • Total Finished Sq Ft: 1160
  • Above Grade Finished Sq Ft: 1160
  • Price Per Sq Ft: 123.28
  • Basement Foundation: Crawl, Slab
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 33
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 33
  • Water Name: Adams Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx3, On Level: 3
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Lakeland School Corp
  • Elementary School: Wolcott Mills
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr
  • Elementary School: Wolcott Mills

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 75 x 93
  • Estimated Lot Sq Ft: 7057
  • Estimated Lot Size Acres: 0.162

Tax Info

  • Annual Taxes: 1200

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 22, 2019
Sold by
Kip Barker W and Kip Judith A
Bought by
Imbimbo Thomas and Imbimbo Janice A
Seller's Agent
David Springer
Mike Thomas Assoc., Inc
Buyer's Agent
Michael Payne
Coldwell Banker Real Estate Gr
List Price
$144,900
Sold Price
$143,000
Premium/Discount to List
-$1,900
-1.31%
Current Estimated Value
$273,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,312
Avg. Annual Appreciation
10.92%
Original Mortgage
$128,700
Outstanding Balance
$114,092
Interest Rate
4.1%
Mortgage Type
Construction
Estimated Equity
$158,375
Source: Public Records

Range of Values:

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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
Imbimbo Thomas $160,875 Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imbimbo Thomas $128,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $143,000 -1.3% $123 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $144,900 -- $125 / 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 $1,179 $141,700 $18,300 $123,400
2023 $1,108 $130,900 $13,600 $117,300
2022 $998 $109,500 $13,200 $96,300
2021 $921 $104,000 $12,800 $91,200
2020 $984 $100,500 $12,000 $88,500
2019 $856 $84,900 $12,000 $72,900
2018 $918 $86,400 $12,000 $74,400
2017 $857 $82,000 $12,000 $70,000
2016 $821 $80,100 $12,000 $68,100
2014 $801 $79,000 $12,000 $67,000
2013 $801 $79,800 $12,000 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201912087

Indiana Regional MLS

APN: 44-10-24-300-040.004-010