NOT LISTED FOR SALE

5880 S 550 E Wolcottville, IN 46795

Estimated Value: $534,000 - $665,000

2 Beds
1 Bath
1,188 Sq Ft
$494/Sq Ft Est. Value

Last Sold August 27, 2012

Last sale price $169,900 $143 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $3,350/month

385 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake Property
  • Forced Air Heating System
  • Pier or Dock
  • 2 Car Attached Garage
  • Waterski or Wakeboard

About This Home

As of August 2012

Great sandy beach and view from this Adams (60' LAKEFRONT) property. Stone seawall, nice level lot with small back lot for extra parking. Ski, tube, jetski, etc from 10-6 and then enjoy the rest of the evening fishing and swimming or trolling around the lake. Seller has installed a new tiled shower, & gutters. This is a charming lake property with a garage to park in and an additional area to store the lake equipment, fishing poles, lake toys and much more. Don't just drive by... Set you showing today ~ Lake living is the right around the corner!

Last Agent to Sell the Property

Cindy Yoder

RE/MAX Results - Wolcottville office Listed on: 06/20/2011

Last Buyer's Agent

Stacy Rofkahr

Mike Thomas Associates

Mike Thomas Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1928

Lot Details

  • 60 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Crawl Space

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property

Schools

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

Utilities

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

Community Details

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1928
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LUTTMANS LANDING N 1/2 LOTS 15 & LOT 16 |
  • Platted: Yes
  • Location: Lake
  • Section Number: 24
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2011/2012
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1188
  • Total Finished Sq Ft: 1188
  • Above Grade Finished Sq Ft: 1188
  • Price Per Sq Ft: 143.01
  • Basement Foundation: Crawl
  • Flooring: Carpet, Parquet, Vinyl
  • Living Great Room: Dimensions: 7x21, On Level: Main
  • Kitchen: Dimensions: 7x11, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: On Level: Main
  • Extra Room: Kids Rec Rm, On Level: Upper
  • Bedroom 1: Dimensions: 9x14, On Level: Main
  • Bedroom 2: Dimensions: 8x14, On Level: Upper
  • Bedroom 3: On Level: Main
  • Main Level Sq Ft: 880

Exterior Features

  • Exterior: Wood
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 60
  • Water Name: Adams Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • 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 Dimensions: 60 x 94 +

Tax Info

  • Annual Taxes: 1717.26

Multi Family

  • Water Access: Lakefront

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
Jun 20, 2011
Closed on
Aug 27, 2012
Bought by
Dellahan Thomas G and Dellahan Diane M
Seller's Agent
Cindy Yoder
RE/MAX Results - Wolcottville office
Buyer's Agent
Stacy Rofkahr
Mike Thomas Associates
List Price
$209,900
Sold Price
$169,900
Premium/Discount to List
-$40,000
-19.06%
Current Estimated Value
$587,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,394
Avg. Annual Appreciation
7.00%
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
Dellahan Thomas G $169,900 Lakeland Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Sold $169,900 -19.1% $143 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
06/20/2011 06/20/11 For Sale $209,900 -- $177 / 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 $1,874 $486,400 $202,100 $284,300
2023 $1,650 $465,400 $192,500 $272,900
2022 $1,843 $430,200 $167,500 $262,700
2021 $1,552 $374,500 $152,200 $222,300
2020 $1,495 $340,700 $139,100 $201,600
2019 $721 $187,600 $139,100 $48,500
2018 $746 $182,300 $139,100 $43,200
2017 $1,866 $178,600 $139,100 $39,500
2016 $1,815 $177,000 $139,100 $37,900
2014 $1,872 $184,700 $139,100 $45,600
2013 $1,872 $127,300 $88,100 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 531226

Indiana Regional MLS

APN: 44-10-24-300-070.014-010