NOT LISTED FOR SALE

5877 Indiana 16 Urbana, IN 46990

Estimated Value: $830,000 - $1,088,213

6 Beds
4.5 Baths
5,290 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $775,000 $147 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,868/month

161 Days on Market

Highlights

  • 4,600 Feet of Waterfront
  • 43.78 Acre Lot
  • Lake, Pond or Stream
  • Primary Bedroom Suite
  • Fireplace in Kitchen
  • Partially Wooded Lot

About This Home

As of September 2021

Escape the city hustle and bustle with your own country retreat! Situated on 43 acres, this beautiful 6-8 bed, 4-1/2 bath home features a 17 acre PRIVATE lake with dock, HUGE three-season room, 70' deck, inviting wrap-around front porch, and two large barns! NEW exterior includes roof, HardiPlank siding, stone and tiled gutters, ensuring all your free time is spent playing outdoors! The oversized kitchen boasts 28 feet of NEW custom quartzite countertops (2018) with a 7-foot island. The KraftMaid cabinets feature dovetailed drawers and metal liners for easy cleaning, while the copper backsplash, hood, and sink add class throughout. The 13-foot floor-to-ceiling fieldstone, double-sided fireplace adds a warm ambience year round! NEW 3/4" oak plank flooring throughout the main level (2021). The main level ensuite boasts stunning panoramic views of the lake and woods, deck access, his & hers closets, massive bathroom with new walk-in tiled shower and double sink vanity! The massive great room boasts many focal points including the double-sided fireplace, incredible lake views, simple deck access, abundant natural light, and conveniently located guest bathroom. Additional flex rooms on the main allow for a combination of guest rooms, exercise and office space. On the upper level, you will find a large loft, two south-facing bedrooms, an 11 x 11 office, and large north-facing bedroom with NEW carpet throughout. The three-season room is ideal for entertaining large groups with the bar and built-in seating, or utilize the 76 x 16 deck. Spend your summer days swimming, fishing, boating, kayaking, and jet skiing on the stocked 17-acre lake. Enjoy the evenings stargazing around a bonfire. Request access to additional photos, videos, and 3D tour. Preapproved buyers are welcome to tour the property.

Last Agent to Sell the Property

Dawn Hill

RE/MAX Results Listed on: 02/26/2021

RE/MAX Results

Co-Listed By

Chris Parker

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

John Oldfather

Carriger Oldfather Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 1920

Lot Details

  • 43.78 Acre Lot
  • 4,600 Feet of Waterfront
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Stone Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,229

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Age: 101
  • Style: Two Story
  • Total Number of Rooms: 15
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE1/4 1-28-7 43.78AC
  • Parcel Number ID: 85-11-01-200-006.000-003
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Deck Open, Detector-Smoke, Disposal, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Patio Open, Porch Covered, Twin Sink Vanity, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Jack & Jill Bath
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5442
  • Total Finished Sq Ft: 5290
  • Above Grade Finished Sq Ft: 5290
  • Below Grade Sq Ft: 152
  • Price Per Sq Ft: 146.5
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Number Of Fireplaces: 1
  • Fireplace: Kitchen, Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 32x21, On Level: Main
  • Kitchen: Dimensions: 29x22, On Level: Main
  • Extra Room: Bedroom, Dimensions: 20x15, On Level: Upper
  • Bedroom 1: Dimensions: 18x18, On Level: Main
  • Bedroom 2: Dimensions: 15x11, On Level: Main
  • Bedroom 3: Dimensions: 17x10, On Level: Main
  • Bedroom 4: Dimensions: 15x11, On Level: Upper
  • Bedroom 5: Dimensions: 15x11, On Level: Upper
  • Other Room1: Flex Room, Dimensions: 11x11, On Level: Upper
  • Other Room 2: Three-Season Room, Dimensions: 29x16, On Level: Main
  • Loft: Dimensions: 17x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 152

Exterior Features

  • Exterior: Masonry, Fiber Cement
  • Roof Material: Shingle
  • Outbuilding1: Barn, Dimensions: 40x40
  • Outbuilding2: Barn, Dimensions: 30x60, 1800
  • Water Frontage: 4600

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x26
  • Garage Sq Ft: 780
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 8
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Metro North/Sharp Creek
  • Middle School: Northfield
  • High School: Northfield
  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Description: Partially Wooded, 15+
  • Lot Dimensions: Irregular lot lines
  • Estimated Lot Sq Ft: 1907057
  • Estimated Lot Size Acres: 43.78

Tax Info

  • Annual Taxes: 3229
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Northfield
  • Middle School: Northfield
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Aaron Greer
Bought by
Martin Tim and Martin Zela
Current Estimated Value
$937,906

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
Outstanding Balance
$691,301
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$267,603

Purchase Details

Listed on
Feb 26, 2021
Closed on
Sep 8, 2021
Sold by
Laduct Scott and Laduct Diane M
Bought by
Greer Aaron
Seller's Agent
Dawn Hill
RE/MAX Results
Buyer's Agent
John Oldfather
Carriger Oldfather Realty, Inc
List Price
$929,000
Sold Price
$775,000
Premium/Discount to List
-$154,000
-16.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$620,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2017
Sold by
Yan Yong Gong and Tu Diana Min
Bought by
Laduct Scott and Laduct Diane M

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

Purchase Details

Closed on
Dec 20, 2016
Sold by
Martin Timothy
Bought by
Yan Yong Gong and Tu Diana Min

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
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
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 Tim $719,200
Previous Owner Greer Aaron $620,000
Previous Owner Laduct Scott $79,500
Previous Owner Laduct Scott A $328,000
Previous Owner Laduct Scott $464,400
Previous Owner Yan Yong Gong $262,500
Previous Owner Chase Cathryn Ann $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $775,000 0.0% $147 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
06/05/2021 06/05/21 Price Changed $775,000 -8.7% $147 / Sq Ft
04/13/2021 04/13/21 Price Changed $849,000 -8.6% $160 / Sq Ft
02/26/2021 02/26/21 For Sale $929,000 -- $176 / 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 $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

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Map

Source: Indiana Regional MLS

MLS Number: 202105842

Indiana Regional MLS

APN: 85-11-01-200-006.000-003