NOT LISTED FOR SALE

5950 N West Shore Dr Morgantown, IN 46160

Estimated Value: $323,000 - $399,248

3 Beds
2.5 Baths
1,587 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $365,000 $230 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,072/month

3 Days on Market

Highlights

  • Mature Trees
  • Wood Burning Stove
  • Ranch Style House
  • Deck
  • Vaulted Ceiling
  • Pole Barn

About This Home

As of July 2023

Secluded 5-acre wooded lot w/ no (HOA) covenants or restrictions. The 3 bed, 2.5 bath full brick ranch sits on (2) Woodland Lake Estates lots (part of their HOA), providing the owner with lake access, as well as road maintenance & snow removal. There are (4) lots in total making 5.71ac. Recently installed laminate floors, NO CARPET in the home! Sizable deck overlooks the beautiful woods & fenced yard. The wood-burning stove efficiently heats the entire house during winter months. You will love the spacious 48'x32' pole barn equipped with a concrete floor, overhead doors, and electricity. There is also a 32'x24' barn with a tack/feed room & a fenced pasture catering to horse enthusiasts. The drive south of the main drive leads to the 5 acres

Last Agent to Sell the Property

Steve Lew

Steve Lew Real Estate Group, LLC License #RB14046291 Listed on: 05/26/2023

Last Buyer's Agent

Shirley Allore

Realty One Group Dream

Realty One Group Dream

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1990

Lot Details

  • 5.71 Acre Lot
  • Mature Trees
  • Additional Parcels

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,587 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Paddle Fans
  • Wood Burning Stove
  • Free Standing Fireplace
  • Wood Frame Window
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Pole Barn
  • Shed
  • Storage Shed
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Association fees include home owners, maintenance, snow removal
  • Association Phone (812) 929-7292
  • Property managed by Woodland Lake Estates HOA

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 070229200150003006

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1990

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1990
  • Building Area Total: 1587
  • Garage Y N: Yes
  • Lot Size Acres: 5.71
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: steve@listwithlew.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Great Room
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Windows Wood, Breakfast Bar, Paddle Fan, Hi-Speed Internet Availbl, Pantry
  • Living Area: 1587
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1587
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Pole, Out Building With Utilities, Storage Shed
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 360000
  • Patio And Porch Features: Deck Main Level
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Wood Stove, Electric
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 268
  • Association Fee Frequency: Annually
  • Association Phone: 812-929-7292
  • Association YN: Yes
  • Management Company Name: Woodland Lake Estates HOA
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance, Snow Removal

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: Yes
  • Horse Amenities: Barn
  • Lot Size Sq Ft: 248728
  • Parcel Number: 070229200150003006
  • Acres: 5-10 Acres
  • Price Acre: 63922.942206655

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 932
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 466
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 6, 2023
Sold by
Vance Kelly and Vance Jamison
Bought by
Sturgeon Robert
Seller's Agent
Steve Lew
Steve Lew Real Estate Group, LLC
Buyer's Agent
Shirley Allore
Realty One Group Dream
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Views
45
Current Estimated Value
$367,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,312
Avg. Annual Appreciation
0.28%
Original Mortgage
$215,000
Outstanding Balance
$209,871
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$157,441

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 26, 2021
Sold by
Stanley Jason
Bought by
Vance Kelly and Vance Jamison
Seller's Agent
Peggy Kieper
F.C. Tucker Company
Buyer's Agent
Paul Linn
Best Life Realty Group
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$289,750
Interest Rate
3%
Mortgage Type
New Conventional
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
Sturgeon Robert -- Quality Title Insurance
Vance Kelly -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturgeon Robert $215,000
Previous Owner Vance Kelly $289,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $365,000 +1.4% $230 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $360,000 +18.0% $227 / Sq Ft
05/24/2021 05/24/21 Sold $305,000 +1.7% $192 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $300,000 -- $189 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,123 $316,300 $75,000 $241,300
2023 $1,187 $281,800 $60,000 $221,800
2022 $1,255 $268,500 $50,000 $218,500
2021 $933 $203,100 $45,000 $158,100
2020 $725 $165,000 $37,000 $128,000
2019 $670 $154,200 $37,000 $117,200
2018 $776 $147,900 $37,000 $110,900
2017 $757 $145,400 $37,000 $108,400
2016 $705 $143,400 $37,000 $106,400
2014 $587 $140,300 $37,000 $103,300
2013 $587 $138,200 $37,000 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21923461

MIBOR Broker Listing Cooperative®

APN: 07-02-29-200-150.003-006