NOT LISTED FOR SALE

64399 County Road 3 Wakarusa, IN 46573

Estimated Value: $490,000 - $4,127,000

4 Beds
6 Baths
4,370 Sq Ft
$589/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $3,100,000 $709 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $16,252/month

190 Days on Market

Highlights

  • 77 Acre Lot
  • Family Room with Fireplace
  • Wood Flooring
  • NorthWood High School Rated A-
  • Traditional Architecture
  • Double Oven

About This Home

As of April 2021

This bucolic 77 acre equestrian property is conveniently located to Notre Dame University, Lake Michigan and the scenic lake regions of northern Indiana and southwestern Michigan. Impressive horse breeding and training facility features a casual 4,300+ square foot ranch style home, incredible 42 stall main barn, adjacent 80 x 200 heated indoor arena, 60 foot round pen and two secondary barns. Home is highlighted by dramatic vaulted wood ceilings, two full kitchens and a walkout lower level. Additional barn features include RV hookups, observation rooms, breeding room, vet room, additional storage or temporary living quarters. 15 pastures. 15 acres of woods & trails. Easy access to major interstates.

Last Agent to Sell the Property

Michael Johnson

Encore Sotheby's International License #RB14048437 Listed on: 09/29/2020

Encore Sotheby's International

Last Buyer's Agent

Michael Johnson

Encore Sotheby's International License #RB14048437 Listed on: 09/29/2020

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,132

Year Built

  • Built in 2007

Lot Details

  • 77

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • 77 Acre Lot
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 200923200005000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,132

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 77
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This bucolic 77 acre equestrian property is conveniently located to Notre Dame University, Lake Michigan and the scenic lake regions of northern Indiana and southwestern Michigan. Impressive horse breeding and training facility features a casual 4,300+ square foot ranch style home, incredible 42 stall main barn, adjacent 80 x 200 heated indoor arena, 60 foot round pen and two secondary barns. Home is highlighted by dramatic vaulted wood ceilings, two full kitchens and a walkout lower level. Additional barn features include RV hookups, observation rooms, breeding room, vet room, additional storage or temporary living quarters. 15 pastures. 15 acres of woods & trails. Easy access to major interstates.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Walk-Out Access
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Double Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Great Room, Woodburning Fireplce
  • Fireplaces: 4
  • Interior Amenities: Built In Book Shelves, Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors
  • Living Area: 4370
  • Other Equipment: Security Alarm Paid, Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 12
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2185
  • Main Level Sq Ft: 1704
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Full with Separate Shower
  • Total Sq Ft: 4370
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Eat In
  • Below Grade Sq Ft: 2185
  • Upper Level Sq Ft: 481
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Stone, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Geothermal
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 200923200005000024
  • Acres: >20 Acres
  • Lot Information: Irregular,Rural No Subdivision
  • Lot Number: 0
  • Lot Size: 3,354,120 Sqft

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 27132
  • Semi Annual Property Tax Amt: 13566
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Wa-Nee Community Schools
  • Schools: North Wood High,North Wood Middle,Wakarusa Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Apr 22, 2021
Sold by
Burrow Flois D and Burrow Cindy L
Bought by
Kountry Lane Standardbreds Llc
Seller's Agent
Michael Johnson
Encore Sotheby's International
Buyer's Agent
Michael Johnson
Encore Sotheby's International
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%
Current Estimated Value
$2,574,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$525,477
Avg. Annual Appreciation
-3.86%

Purchase Details

Closed on
Apr 27, 2020
Sold by
Setting Sun Stables Llc
Bought by
Burrow Flois D and Burrow Cindy L

Purchase Details

Closed on
Apr 23, 2007
Sold by
Brooks Allen D and Brooks Sharon K
Bought by
Setting Sun Stables Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kountry Lane Standardbreds Llc $3,100,000 None Available
Burrow Flois D -- None Listed On Document
Setting Sun Stables Llc -- Heritage Parke Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $3,100,000 -11.4% $709 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $3,500,000 -- $801 / 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
2025 $35,072 $2,486,800 $215,600 $2,271,200
2024 $35,075 $2,420,900 $215,600 $2,205,300
2022 $35,075 $2,341,800 $215,600 $2,126,200
2021 $32,945 $2,040,200 $215,600 $1,824,600
2020 $27,555 $2,021,700 $215,600 $1,806,100
2019 $27,132 $1,968,800 $185,100 $1,783,700
2018 $27,617 $1,946,100 $212,800 $1,733,300
2017 $19,246 $1,509,800 $145,100 $1,364,700
2016 $19,563 $1,471,800 $152,100 $1,319,700
2014 $20,399 $1,439,400 $157,900 $1,281,500
2013 $21,191 $1,429,400 $147,900 $1,281,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Johnson

    Seller's Agent in 2021

    Michael Johnson

    Encore Sotheby's International

    (317) 590-3454

    68 Total Sales

    Michael Johnson
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21742972

MIBOR Broker Listing Cooperative®

APN: 20-09-23-200-005.000-024

Indiana Elkhart County Wakarusa 46573

64399 County Road 3, Wakarusa, IN

Not Listed for Sale

Detached

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