Seller's Agent in 2017
Robert Lundquist
Lundquist Appraisals & Real Estate
(260) 571-4653
231 Total Sales
5877 E State Road 16 Urbana, IN 46990
Estimated Value: $918,000 - $1,070,938
7
Beds
4.5
Baths
5,788
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Lake Front
- RV Parking in Community
- 43.78 Acre Lot
- Pier or Dock
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of February 2017Rare opportunity to own your own 17 ac private lake! Huge 7 bedroom, 4.5 bath home with around 5788 sq ft of living area. Huge custom kitchen with an island, Fieldstone fireplace. Large living room with fireplace, all open to the 16' x 76' deck overlooking the lake. 16' x 29' really neat man cave/rec room with a cathedral ceiling, bar and open view of the lake. Huge private master suite with patio doors onto the large rear deck with a nice view overlooking the lake. 4 bedrooms, large landing and one bath on the upper level with 2 stairways. 2-90+ GFA/Ca, one in garage new in 2012, one in basement new in 2005. 2- water heaters new in 2010, 2-200 amp panels in the house. Laundry area in the house and a second one in the garage. Large L-shaped cov ft porch. Roof 10-14 years old. 26' x 30' attached 2+ car garage. 40' x 40' pole bldg attached to the 30' x 60' bldg. Boat Pier. Appliances, some furnishings, pontoon boat, fishing boat & 2 jet skis & boat lift negotiable.
Last Agent to Sell the Property
Lundquist Appraisals & Real Estate Listed on: 12/19/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,718
Year Built
- Built in 1920
Lot Details
- 43.78 Acre Lot
- Lake Front
- Property fronts a state road
- Backs to Open Ground
- Rural Setting
- Wooded Lot
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Stone Driveway
- Off-Street Parking
Home Design
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Built-In or Custom Kitchen Cabinets
- Utility Sink
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Walk-Up Access
- Block Basement Construction
- Stone or Rock in Basement
- Crawl Space
Home Security
- Storm Doors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient HVAC
Outdoor Features
- Sun Deck
- Lake Property
- Lake, Pond or Stream
- Covered Patio or Porch
Schools
- Metro North/Sharp Creek Elementary School
- Northfield Middle School
- Northfield High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Propane
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 85-11-01-200-006.000-003
Community Details
Overview
- RV Parking in Community
Recreation
- Pier or Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2025
Sold by
Martin Tim and Martin Zela
Bought by
Martin Timothy J and Martin Zela M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,174,000
Outstanding Balance
$1,174,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$227,262
Purchase Details
Closed on
Sep 14, 2022
Sold by
Aaron Greer
Bought by
Martin Tim and Martin Zela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
5.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2021
Sold by
Laduct Scott and Laduct Diane M
Bought by
Greer Aaron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 19, 2016
Closed on
Jan 24, 2017
Sold by
Yan Yong Gong and Tu Diana Min
Bought by
Laduct Scott and Laduct Diane M
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$464,400
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 19, 2016
Closed on
Dec 20, 2016
Sold by
Martin Timothy
Bought by
Yan Yong Gong and Tu Diana Min
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,400
Interest Rate
4.3%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Timothy J | -- | None Listed On Document | |
| Martin Tim | -- | -- | |
| Greer Aaron | -- | Metropolitan Title Of In Llc | |
| Laduct Scott | -- | None Available | |
| Yan Yong Gong | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Timothy J | $1,174,000 | |
| Previous Owner | Martin Tim | $719,200 | |
| Previous Owner | Greer Aaron | $620,000 | |
| Previous Owner | Laduct Scott | $464,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2017 02/02/17 | Sold | $410,000 | -3.5% | $71 / Sq Ft |
| 01/09/2017 01/09/17 | Pending | -- | -- | -- |
| 12/19/2016 12/19/16 | For Sale | $425,000 | -- | $73 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $8,792 | $874,200 | $322,600 | $551,600 |
| 2023 | $8,685 | $849,600 | $322,600 | $527,000 |
| 2022 | $6,775 | $774,400 | $322,600 | $451,800 |
| 2021 | $5,540 | $582,700 | $228,600 | $354,100 |
| 2020 | $5,330 | $557,500 | $228,600 | $328,900 |
| 2019 | $3,205 | $412,400 | $101,000 | $311,400 |
| 2018 | $3,138 | $404,600 | $101,000 | $303,600 |
| 2017 | $2,268 | $332,100 | $69,200 | $262,900 |
| 2016 | $1,776 | $323,800 | $69,200 | $254,600 |
| 2014 | $1,577 | $300,700 | $69,200 | $231,500 |
| 2013 | $1,162 | $270,500 | $38,400 | $232,100 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Lundquist
-
John Lundquist
Seller Co-Listing Agent in 2017
John Lundquist
Lundquist Appraisals & Real Estate
(260) 571-6141
224 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201655312
APN: 85-11-01-200-006.000-003
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