NOT LISTED FOR SALE

5807 W Bobolink Dr Mentone, IN 46539

Estimated Value: $129,000 - $156,000

1 Bed
1 Bath
1,401 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $22,000 $16 Per Sq Ft

Est. 534% increase in value since last sale

Current estimated payment $855/month

768 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Porch
  • Forced Air Heating and Cooling System
  • Lake, Pond or Stream
  • Double Pane Windows
  • Carpet

About This Home

As of July 2014

1,401 square feet get away cabin with outbuilding on a .46 acre lot overlooking Palestine Lake along with a 100X50 lakefront lot just a few steps away. Newer 90+ GFA, C/A, and 200 amp CB electric. 2nd bedroom possible on main level.

Last Agent to Sell the Property

Steve Savage

RE/MAX Results- Warsaw Listed on: 05/23/2012

RE/MAX Results- Warsaw

Last Buyer's Agent

Steve Savage

RE/MAX Results- Warsaw Listed on: 05/23/2012

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $234

Year Built

  • Built in 1966

Lot Details

  • 0.58 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,401 Sq Ft Home
  • 1.5-Story Property
  • Double Pane Windows
  • Electric Dryer Hookup

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream
  • Porch

Schools

  • Mentone Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Propane
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-14-02-400-192.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$234

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1966
  • Age: 48
  • Style: One and Half Story
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 025-006-208 LOTS 6-9 BLK 12 OAK GROVE BEACH UN 3 |
  • Parcel Number ID: 43-14-02-400-192.000-021
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Porch Open
  • Grid: 35 - S.W. Kosc. Water
  • Sp Lp Percent: 68.75
  • State Id: 43-14-02-400-19
  • Year Taxes Payable: 2013
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Total Sq Ft: 1401
  • Total Finished Sq Ft: 1401
  • Above Grade Finished Sq Ft: 1401
  • Price Per Sq Ft: 15.7
  • Basement Foundation: Slab
  • Flooring: Carpet, Parquet
  • Living Great Room: Dimensions: 22x14
  • Kitchen: Dimensions: 20x13
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 16x10, 160
  • Lake Type: Non Ski Lake
  • Outbuilding2: Dimensions: 7x6, 42
  • Water Frontage: 50
  • Water Name: Palestine Lake

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Propane, Forced Air
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace
  • Laundry: On Level: 12
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Mentone
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Mentone

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: Irreg
  • Estimated Lot Sq Ft: 25265
  • Estimated Lot Size Acres: 0.58

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 234
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2019
Sold by
Kerschner Wendee K
Bought by
Rhoads Jonathan L
Current Estimated Value
$139,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Outstanding Balance
$13,648
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$127,404

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 22, 2014
Sold by
1St Source Bank
Bought by
Kerschner Wendee K
Seller's Agent
Steve Savage
RE/MAX Results- Warsaw
Buyer's Agent
Steve Savage
RE/MAX Results- Warsaw
List Price
$38,250
Sold Price
$22,000
Premium/Discount to List
-$16,250
-42.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Johnson Clifford A
Bought by
1St Source Bank

Purchase Details

Closed on
Aug 22, 2008
Sold by
Spang Gary M and Spang Janice A
Bought by
Johnson Clifford A and Johnson Deborah J

Purchase Details

Closed on
Dec 28, 2001
Sold by
Hall Terrie L
Bought by
Crall F D

Purchase Details

Closed on
Oct 11, 2000
Sold by
Miller Daniel W and Miller Suzanne
Bought by
Hall Terri

Purchase Details

Closed on
Feb 23, 1998
Sold by
Hall Terrie
Bought by
Miller Daniel W and Miller Suzanne R

Purchase Details

Closed on
Jan 31, 1997
Sold by
Hartman James E
Bought by
Hall Terrie L

Purchase Details

Closed on
Oct 16, 1996
Sold by
Hartman James E
Bought by
Hall Terrie L
Source: Public Records

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Range of Values:

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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
Rhoads Jonathan L -- None Available
Kerschner Wendee K -- None Available
1St Source Bank $76,821 None Available
Johnson Clifford A -- Ruoff Mortage Co
Crall F D -- --
Hall Terri -- --
Miller Daniel W $56,500 --
Hall Terrie L $16,218 --
Hall Terrie L $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoads Jonathan L $28,000
Previous Owner Spang Gary Morris $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $22,000 -42.5% $16 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
05/23/2012 05/23/12 For Sale $38,250 -- $27 / 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 $973 $80,400 $15,800 $64,600
2023 $910 $73,200 $14,500 $58,700
2022 $839 $65,100 $12,600 $52,500
2021 $777 $56,200 $12,600 $43,600
2020 $791 $56,200 $12,600 $43,600
2019 $745 $54,900 $12,600 $42,300
2018 $712 $52,700 $12,600 $40,100
2017 $662 $51,800 $12,600 $39,200
2016 $645 $51,800 $12,600 $39,200
2014 $692 $54,200 $12,600 $41,600
2013 $692 $54,300 $12,600 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 537218

Indiana Regional MLS

APN: 43-14-02-400-192.000-021