NOT LISTED FOR SALE

5870 S 550 E Wolcottville, IN 46795

Estimated Value: $457,000 - $628,000

4 Beds
2 Baths
1,740 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $233,000 $134 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,096/month

96 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Forced Air Heating System
  • Waterski or Wakeboard
  • Lake Property

About This Home

As of September 2013

BEAUTIFUL BEACH-Adams Lakefront-Level Lot This lakefront good condition house boasts a great sandy beach just 20 steps from the front door. The sunsets are spectacular and peaceful. This a naturally deep and clean lake. All water sports from 10:00 to 6:00 with early morning and later evening reserved for quiet floating, fishing and sailing. Move-in ready year around house with plenty of space for the family. Location, Location, Location! New well in 2010, new decking 2011, new screens 2006. Entire house remodeled in 1990's. Note: back lot included. Affordable taxes, low sewer bill of only $15 per month, no mandatory association. Very nice lakefront property.

Last Agent to Sell the Property

Penny Miller

RE/MAX Results - Wolcottville office Listed on: 05/01/2013

Last Buyer's Agent

Barbara Hinkle

RE/MAX Results - Wolcottville office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1928

Lot Details

  • 4,617 Sq Ft Lot
  • Lot Dimensions are 40x138
  • 40 Feet of Waterfront
  • Lake Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1928
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Legal Description: LUTTMAN LANDING LOT 17
  • Platted: Yes
  • Location: Lake
  • Section Number: 24
  • Sp Lp Percent: 91.05
  • Special Features: None

Interior Features

  • Total Sq Ft: 1740
  • Total Finished Sq Ft: 1740
  • Above Grade Finished Sq Ft: 1740
  • Price Per Sq Ft: 133.91
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 15x19, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Extra Room: Landing, On Level: Upper
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Upper
  • Bedroom 3: Dimensions: 8x10, On Level: Upper
  • Bedroom 4: Dimensions: 15x21, On Level: Upper
  • Main Level Sq Ft: 940

Exterior Features

  • Exterior: Vinyl
  • Lake Type: Ski Lake
  • Water Frontage: 40
  • Water Name: Adams Lake

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: 3xMain, On Level: 5
  • Well Type: Private

Schools

  • School District: Lakeland School Corp
  • Elementary School: Wolcott Mills
  • Middle School: Lakeland
  • High School: Lakeland

Lot Info

  • Lot Dimensions: 40x138
  • Estimated Lot Sq Ft: 4617
  • Estimated Lot Size Acres: 0.106
  • Zoning: LAKE

Tax Info

  • Annual Taxes: 1092.02

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Sep 10, 2013
Sold by
Dorothy M Mcgary
Bought by
Mary Carol Dinger
Seller's Agent
Penny Miller
RE/MAX Results - Wolcottville office
Buyer's Agent
Barbara Hinkle
RE/MAX Results - Wolcottville office
List Price
$255,900
Sold Price
$233,000
Premium/Discount to List
-$22,900
-8.95%
Current Estimated Value
$525,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,361
Avg. Annual Appreciation
6.68%
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
Mary Carol Dinger $233,000 Centurion Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2013 09/10/13 Sold $233,000 -8.9% $134 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $255,900 -- $147 / 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 $2,868 $344,600 $153,400 $191,200
2023 $2,775 $327,800 $146,100 $181,700
2022 $2,381 $264,200 $127,100 $137,100
2021 $2,046 $234,000 $115,500 $118,500
2020 $2,058 $213,100 $105,600 $107,500
2019 $2,059 $207,300 $105,600 $101,700
2018 $2,191 $209,200 $105,600 $103,600
2017 $2,070 $201,200 $105,600 $95,600
2016 $1,992 $197,300 $105,600 $91,700
2014 $958 $219,600 $105,600 $114,000
2013 $958 $88,000 $13,200 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 533605

Indiana Regional MLS

APN: 44-10-24-300-070.015-010