NOT LISTED FOR SALE

5938 N 450 E Leesburg, IN 46538

Estimated Value: $647,000 - $759,468

4 Beds
3.5 Baths
2,650 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $380,000 $143 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,452/month

341 Days on Market

Highlights

  • 44 Feet of Waterfront
  • Primary Bedroom Suite
  • Partially Wooded Lot
  • Pier or Dock
  • Lake Property
  • 1 Fireplace

About This Home

As of April 2016

Awesome views with this year round, four bedroom, three and a half bath, oversize two car garage, Tippecanoe Lakefront home! Open floor plan with vaulted ceilings, skylights and ample windows overlooking the lake! Nice sized bedrooms with a master suite on both levels! Eat In Island Kitchen, bar seating and huge living room on the lake side with sliders opening to the expansive decking! No need to refill propane bottles, gas is plumbed to the out door grill! Upper level can be a guest quarters, with a shared family room between them! Seawalled frontage with irrigation system, pier sections are negotiable! Plenty of parking and room for lake toy storage!

Last Agent to Sell the Property

The Mark Skibowski Team

Re/Max Lakes Listed on: 03/29/2015

Re/Max Lakes

Last Buyer's Agent

The Mark Skibowski Team

Re/Max Lakes Listed on: 03/29/2015

Re/Max Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 1943

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 44x302
  • 44 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Irrigation
  • Partially Wooded Lot

Parking

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

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Disposal
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-18-100-020.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,850

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1943
  • Age: 73
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 005-069-008 Lot 8 Potawatomi Park
  • Parcel Number ID: 43-08-18-100-020.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Irrigation System, Porch Covered, Storm Windows, Main Level Bedroom Suite
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 79.33
  • Special Features: None

Interior Features

  • Total Sq Ft: 2650
  • Total Finished Sq Ft: 2650
  • Above Grade Finished Sq Ft: 2650
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 26x18, On Level: Main
  • Kitchen: Dimensions: 20x15, On Level: Main
  • Family Room: Dimensions: 11x17, On Level: Upper
  • Bedroom 1: Dimensions: 14x15, On Level: Upper
  • Bedroom 2: Dimensions: 14x10, On Level: Main
  • Bedroom 3: Dimensions: 12x16, On Level: Upper
  • Bedroom 4: Dimensions: 12x15, On Level: Upper
  • Other Room1: Closet under stairs, Dimensions: 8x9, On Level: Main
  • Other Room 2: Master Bath, Dimensions: 9x13, On Level: Upper
  • Other Room 3: Bath, Dimensions: 7x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 44
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x24
  • Garage Sq Ft: 720

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: 7xMain, On Level: 15
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Level, Partially Wooded, Lake
  • Lot Dimensions: 44X302
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31
  • Lot Number: 8

Tax Info

  • Annual Taxes: 3849.6

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2015
Closed on
Apr 11, 2016
Sold by
Jack E Parr Revocable Trust
Bought by
Krizmanich Thomas K and Krizmanich Sandra A
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$599,900
Sold Price
$380,000
Premium/Discount to List
-$219,900
-36.66%
Current Estimated Value
$706,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,823
Avg. Annual Appreciation
7.23%
Original Mortgage
$304,000
Outstanding Balance
$141,951
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$582,048

Purchase Details

Closed on
May 20, 1999
Sold by
Robert Hensler Jack
Bought by
Hensler Jack R and Hensler Nancy A
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
Krizmanich Thomas K -- None Available
Hensler Jack R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krizmanich Thomas K $304,000
Previous Owner Parr Jack E $50,000
Previous Owner Parr Jack E $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $380,000 -36.7% $143 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/29/2015 03/29/15 For Sale $599,900 -- $226 / 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 $6,361 $648,700 $399,200 $249,500
2023 $5,920 $588,100 $363,500 $224,600
2022 $5,517 $545,300 $346,900 $198,400
2021 $4,882 $466,800 $301,800 $165,000
2020 $4,705 $470,700 $301,800 $168,900
2019 $4,553 $462,600 $301,800 $160,800
2018 $4,059 $450,800 $294,600 $156,200
2017 $4,083 $444,100 $294,600 $149,500
2016 $3,518 $441,900 $297,400 $144,500
2014 $3,850 $439,000 $297,400 $141,600
2013 $3,850 $432,000 $297,400 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201512568

Indiana Regional MLS

APN: 43-08-18-100-020.000-023