NOT LISTED FOR SALE

640 Lane 440 Lake James Angola, IN 46703

Estimated Value: $830,000 - $1,166,000

4 Beds
2.5 Baths
1,992 Sq Ft
$494/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $950,000 $477 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,012/month

Highlights

  • 66 Feet of Waterfront
  • Private Beach
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Traditional Architecture

About This Home

As of January 2023

UNIQUE LAKE HOME ON BEAUTIFUL LAKE JAMES, Angola, IN., with a level lot, beach and pier. HOME IS LOCATED IN A VERY DESIRABLE AREA OF LAKE JAMES. Within walking distance to several restaurants, Tom’s Donuts and The Corner Landing. Property consists of two lots on LN 440 with two homes and a detached garage plus 3 parcels on Bay View Rd with a 64x30 pole building. Lot one contains the main home and guest house. Both homes have been totally remodeled with the main home remodeled in 2000. The lakefront home has 1,992 Sq Ft, 4 bedroom and 2 1/2 baths. Three bedrooms are on the upper level with a full bath. Living/dining, kitchen, 4th bedroom, enclosed sun porch, laundry area, study, and 1 1/2 baths are on the main level. The guest house has 576 Sq Ft, a kitchen, living/dining area, 2 bedrooms & a full bath. The second lot has an air conditioned 32x24, 3 car detached garage with walk-up upstairs storage room. Garage is fully insulated and has insulated garage doors. Pole building at 3845 N Bay View Rd is situated on .24 acres. Ample parking is a sought after feature on the popular Lake James.

Last Agent to Sell the Property

Barbara Hendrick

Coldwell Banker Real Estate Group Listed on: 01/26/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Barbara Hendrick

Coldwell Banker Real Estate Group Listed on: 01/26/2023

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x160x54x173
  • 66 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Irrigation
  • Property is zoned L1

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Workshop
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Schools

  • Ryan Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 76-06-04-220-208.000-011

Community Details

Overview

  • Old Ford Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,196

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: OLD FORD PLAT LOT 26 & E1/2 OF THE VAC PUBLIC WAY ADJ VAC ORD #3054 D/R 9911-0889 + OLD FORD PLAT LOT 38 + PT NW 1/4 SEC 4 .007A + PT NW 1/4 SEC 4 .183A + PT NW FR 1/4 Sec 4 .08A
  • Parcel Number ID: 76-06-04-220-208.000-011
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Disposal, Garage Door Opener, Guest Quarters, Irrigation System, Landscaped, Open Floor Plan, Patio Open, Porch Enclosed, Skylight(s), Workshop, Main Floor Laundry
  • Location: Lake
  • Parcel Id2: 76-06-04-220-308.000-011
  • Sp Lp Percent: 100
  • County Zoning: L1
  • Year Taxes Payable: 2021/2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1992
  • Total Finished Sq Ft: 1992
  • Above Grade Finished Sq Ft: 1992
  • Price Per Sq Ft: 476.91
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 25x13, On Level: Main
  • Kitchen: Dimensions: 16x10, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Den: Dimensions: 11x10, On Level: Main
  • Extra Room: Enclosed Porch, Dimensions: 20x14, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 14x18, On Level: Upper
  • Bedroom 3: Dimensions: 9x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x15, On Level: Upper
  • Other Room1: Full Bath, Dimensions: 10x5, On Level: Main
  • Other Room 2: Half Bath, Dimensions: 4x5, On Level: Main
  • Other Room 3: Full Bath, Dimensions: 10x13, On Level: Upper
  • Main Level Sq Ft: 1104
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 64x30
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 66
  • Water Name: Lake James

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Hot Water
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: MSD of Steuben County
  • Elementary School: Ryan Park
  • Middle School: Angola
  • High School: Angola
  • Elementary School: Ryan Park

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View
  • Lot Dimensions: 66x160x54x173
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Tax Info

  • Annual Taxes: 4195.98
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Angola
  • Middle School: Angola
  • School District: MSD of Steuben County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 2, 2023
Sold by
Lenz George C
Bought by
Hoosier Equities Llc
Seller's Agent
Barbara Hendrick
Coldwell Banker Real Estate Group
Buyer's Agent
Barbara Hendrick
Coldwell Banker Real Estate Group
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$984,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,817
Avg. Annual Appreciation
0.55%
Source: Public Records

Range of Values:

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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
Hoosier Equities Llc $856,800 Metropolitan Title Of Indiana
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lenz George C $100,000
Previous Owner Lenz George C $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $950,000 0.0% $477 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $950,000 -- $477 / 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 $7,752 $883,200 $645,400 $237,800
2023 $4,135 $805,800 $586,700 $219,100
2022 $4,024 $734,500 $533,400 $201,100
2021 $3,608 $641,900 $476,300 $165,600
2020 $3,126 $578,000 $425,300 $152,700
2019 $3,019 $532,100 $385,800 $146,300
2018 $3,145 $527,000 $385,800 $141,200
2017 $2,930 $485,100 $385,800 $99,300
2016 $2,928 $484,100 $385,800 $98,300
2014 $3,066 $480,700 $385,800 $94,900
2013 $3,066 $481,800 $385,800 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hendrick

    Seller's Agent in 2023

    Barbara Hendrick

    Coldwell Banker Real Estate Group

    (260) 833-4698

    196 Total Sales

    Barbara Hendrick
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Map

Source: Indiana Regional MLS

MLS Number: 202302292

Indiana Regional MLS

APN: 76-06-04-220-208.000-011

Indiana Steuben County Angola 46703

640 Lane 440 Lake James, Angola, IN

This home is located at 640 Lane 440 Lake James, Angola, IN 46703 since 26 January 2023 and is currently estimated at $984,817, approximately $494 per square foot. This property was built in 1900. 640 Lane 440 Lake James is a home located in Steuben County with nearby schools including Angola High School and Grace Baptist Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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