NOT LISTED FOR SALE

6002 Terry Lake Rd Butler, IN 46721

Estimated Value: $220,000 - $310,000

3 Beds
2 Baths
1,404 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $299,000 $213 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,516/month

22 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Beach
  • Open Floorplan
  • Pier or Dock
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of June 2024

$26k price drop! Rare opportunity to own a waterfront home on beautiful Terry Lake! This lakeside sanctuary offers peace and tranquility among lush greenery. The updated 3-bedroom, 2-bathroom retreat is a haven of modern comfort and relaxation. Upgrades from floor to ceiling, inside and out! Enjoy the stunning sunrise from the renovated great room showcasing the amazing lake with large windows, floor to ceiling. The expanded and covered deck provides protection from the elements. The new rockery in the front, shed, firepit, and fenced/raised garden beds in the backyard lead you to your private dock to launch your kayaks or paddle boards into refreshing waters. Whether you're seeking a weekend getaway or a year-round retreat, this lakeside oasis offers the perfect blend of luxury and serenity. Don't miss your chance to make every day feel like a vacation while living on a cul-de-sac with a separated heating/cooling system for your garage, newer sump pump and water softener. Nothing comparable with all these features at this price!

Last Agent to Sell the Property

Joshua Vida

Paradigm Realty Solutions Brokerage Phone: 574-485-2348 Listed on: 04/20/2024

Last Buyer's Agent

Robert Thomas

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1976

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 77x293
  • 50 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Backs to Open Ground
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 1,404 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Pull Down Stairs to Attic
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Enclosed Patio or Porch

Schools

  • Hamilton Elementary School
  • Hamilton Middle School
  • Hamilton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17-03-03-151-009.000-006

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1976
  • Age: 48
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: TERRY LAKE EST SUB DIV OP LOT 16
  • Parcel Number ID: 17-03-03-151-009.000-006
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Cable Available, Ceiling-Cathedral, Deck Covered, Deck on Waterfront, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Garage Door Opener, Open Floor Plan, Patio Open, Porch Enclosed, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Garage-Heated, Great Room, Main Floor Laundry, Sump Pump
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1404
  • Total Finished Sq Ft: 1404
  • Above Grade Finished Sq Ft: 1404
  • Price Per Sq Ft: 212.96
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Composite
  • Outbuilding1: Shed, Dimensions: 10x10
  • Channel Canal Frontage: 50
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 50
  • Water Name: Terry Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: AEP/I&M
  • Gas Company: Amerigas
  • Water Company: American Suburban Util.
  • Hvac: Ceiling Fan, Zoned Air Condtioning, Zoned Heating
  • Water Type: Lake

Schools

  • School District: Hamilton Community
  • Elementary School: Hamilton
  • Middle School: Hamilton Middle
  • High School: Hamilton
  • Elementary School: Hamilton

Lot Info

  • Lot Description: Cul-De-Sac, Waterfront
  • Lot Dimensions: 77x293
  • Estimated Lot Sq Ft: 25700
  • Estimated Lot Size Acres: 0.59

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 600

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Hamilton
  • Middle School: Hamilton Middle
  • School District: Hamilton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jun 13, 2024
Sold by
Berner Karen N
Bought by
Kinsey George and Kinsey Latricia A
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Robert Thomas
CENTURY 21 Bradley Realty, Inc
List Price
$325,000
Sold Price
$299,000
Premium/Discount to List
-$26,000
-8%
Views
103
Current Estimated Value
$275,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,187
Avg. Annual Appreciation
-7.97%
Original Mortgage
$305,428
Interest Rate
7.22%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2021
Sold by
Werner Joel Kevin and Werner Peggy Lynn
Bought by
Berner Karen N

Purchase Details

Closed on
Oct 18, 2018
Sold by
Lehman Lynn E and Lynn E Lehman Revocable Trust
Bought by
Werner Joel Kevin and Werner Peggy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2018
Sold by
Lehman Louise and Swick Dorothy Louise
Bought by
Lehman Lynn E and Lynn E Lehman Trust
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
Kinsey George $299,000 Fidelity National Title
Berner Karen N -- Fidelity National Ttl Co Llc
Werner Joel Kevin -- Fidelity National Ttl Co Llc
Lehman Lynn E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsey George $305,428
Previous Owner Werner Joel Kevin $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $299,000 0.0% $213 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $299,000 -8.0% $213 / Sq Ft
04/20/2024 04/20/24 For Sale $325,000 -- $231 / 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 $634 $135,100 $21,100 $114,000
2023 $600 $130,100 $20,100 $110,000
2022 $573 $117,200 $17,900 $99,300
2021 $591 $115,700 $17,900 $97,800
2020 $549 $110,200 $17,000 $93,200
2019 $540 $107,200 $17,000 $90,200
2018 $616 $107,200 $17,000 $90,200
2017 $599 $106,200 $17,000 $89,200
2016 $523 $95,900 $17,000 $78,900
2014 $1,211 $92,700 $17,000 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202413374

Indiana Regional MLS

APN: 17-03-03-151-009.000-006