NOT LISTED FOR SALE

6625 S State Road 1 Hamilton, IN 46742

Estimated Value: $240,000 - $276,000

2 Beds
1 Bath
900 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $50,000 $56 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $1,492/month

85 Days on Market

Highlights

  • 56 Feet of Waterfront
  • Lake Property
  • Beamed Ceilings
  • Boat Dock
  • Ranch Style House
  • Enclosed Patio or Porch

About This Home

As of December 2019

YOU'LL NOT FIND A LAKE FRONT COTTAGE ANY CHEAPER THAN THIS IN STEUBEN COUNTY. APPROXIMATELY 56 FEET OF LAKE FRONTAGE ON HAMILTON LAKE WITH GREAT VIEWS LOOKING TO THE S.WEST ACROSS THE LAKE. ENJOY THIS YEAR ROUND HOME SUMMER AND WINTER. THIS HOME HAS A SPACIOUS OPEN FEELING IN THE LIVING ROOM, DINNING & KITCHEN AREA CONSIDERING THE OVERALL SIZE OF THE HOME. NEW CARPET AND PAD, NEWER 5 INCH WELL. THIS HOME IS NEAT AND CLEAN JUST WAITING FOR THE NEW OWNERS TO DECORATE TO THEIR TASTE .THERE IS ALSO A FOUR SEASON ROOM FOR ADDITIONAL SPACE AS WELL AS A 25 X 12 DECK AND PIER WAITING FOR YOU TO ENJOY LAKE LIFE AT IT'S BEST . THE PROPERTY LEGAL DESCRIPTION IS COLD SPRINGS LEASED GROUND LOT #102. IN ALL LIKELY HOOD THE PRICE OF THIS PROPERTY WOULD BE $100,000 MORE IF YOU OWNED THE LAND. NEARER TO $180,000.00. HOW MUCH OF THE PAYMENT WOULD BE GOING JUST TO PAY THE INTEREST ASSUMING YOUR TAKING OUT A LOAN AND YOU WOULD STILL HAVE PROPERTY TAXES TO PAY ? THE LEASE AND ALL TAXES IF PAID PRIOR TO MAY 15TH WOULD BE AROUND $5,880.56 +/-ANNUALLY. COLD SPRINGS WAS PLATTED IN THE LATE 1800'S AND HAS LEASED LAND EVER SINCE. THE LEASE IS FOR 30 YEARS AND FINANCING IS AVAILABLE THROUGH LOCAL BANKS.

Last Agent to Sell the Property

John Hasselswerth

RE/MAX Results - Angola office Listed on: 09/05/2019

RE/MAX Results - Angola office

Last Buyer's Agent

Lindsay Walker-Moore

Century 21 Bradley-Lake Group

Century 21 Bradley-Lake Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1960

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 65x82x51x56
  • 56 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Property is zoned R1, LAKE RESIDENTIAL

Parking

  • Stone Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Beamed Ceilings
  • Insulated Windows
  • Insulated Doors
  • Water Views
  • Crawl Space
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 76-10-27-000-029.020-009

Community Details

Overview

  • Cold Springs Cottage Park Subdivision

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 59
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: COLD SPRINGS LEASED GROUND #102
  • Parcel Number ID: 76-10-27-000-029.020-009
  • Platted: Yes
  • Amenities: Ceilings-Beamed, Deck on Waterfront, Porch Enclosed, Tub/Shower Combination, Main Floor Laundry
  • Location: Lake
  • Sp Lp Percent: 63.29
  • Zoning Description: LAKE RESIDENTIAL
  • County Zoning: R1
  • Year Taxes Payable: 2018/2019
  • Special Features: 20
  • Stories: 1

Interior Features

  • Total Sq Ft: 900
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Price Per Sq Ft: 55.56
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 20x20, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Extra Room: SUN ROOM, Dimensions: 10x9, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x8
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 56
  • Water Name: Hamilton Lake

Garage/Parking

  • Driveway: Stone

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: Indiana Michigan Power
  • Cable Company: Mediacom
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

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

Lot Info

  • Lot Description: Irregular, Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 65X82X51X56
  • Estimated Lot Sq Ft: 4182
  • Estimated Lot Size Acres: 0.096

Green Features

  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 1153.64

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

Closed on
Aug 8, 2023
Sold by
Wells Kirt K
Bought by
Mac Land Development Llc
Current Estimated Value
$260,333

Purchase Details

Listed on
Jun 19, 2017
Closed on
Oct 3, 2017
Sold by
Kratzman
Bought by
Simmons Bradley R
Seller's Agent
Michelle Snyder
North Eastern Group Realty
Buyer's Agent
Michelle Snyder
North Eastern Group Realty
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$75,600
Interest Rate
3.78%
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
Mac Land Development Llc $265,000 Metropolitan Title
Simmons Bradley R $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Kirt K $161,010
Previous Owner Simmons Bradley R $75,600
Previous Owner Kratzman Jerome A $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $50,000 -36.7% $56 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $79,000 -6.0% $88 / Sq Ft
10/03/2017 10/03/17 Sold $84,000 -6.6% $100 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $89,900 +12.4% $107 / Sq Ft
12/24/2013 12/24/13 Sold $80,000 -42.8% $95 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $139,900 -- $166 / 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 $888 $89,900 $0 $89,900
2023 $853 $83,900 $0 $83,900
2022 $650 $67,200 $0 $67,200
2021 $647 $57,200 $0 $57,200
2020 $0 $53,900 $0 $53,900
2019 $0 $51,700 $0 $51,700
2018 $118 $50,300 $0 $50,300
2017 $109 $49,900 $0 $49,900
2016 $577 $49,400 $0 $49,400
2014 $520 $47,500 $0 $47,500
2013 $520 $64,600 $0 $64,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Hasselswerth

    RE/MAX

    Section Image
  • Lindsay Walker-Moore

    Buyer's Agent in 2019

    Lindsay Walker-Moore

    Century 21 Bradley-Lake Group

    (260) 243-6649

    51 Total Sales

    Lindsay Walker-Moore
    Section Image
  • Michelle Snyder

    Seller's Agent in 2017

    Michelle Snyder

    North Eastern Group Realty

    (260) 615-6289

    98 Total Sales

    Michelle Snyder
    Section Image
  • Danielle Jackson

    Seller's Agent in 2013

    Danielle Jackson

    Century 21 Bradley-Lake Group

    (260) 243-8821

    84 Total Sales

    Danielle Jackson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201939078

Indiana Regional MLS

APN: 76-10-27-000-029.020-009

Indiana Steuben County Hamilton 46742

6625 S State Road 1, Hamilton, IN

This home is located at 6625 S State Road 1, Hamilton, IN 46742 since 05 September 2019 and is currently estimated at $260,333, approximately $289 per square foot. This property was built in 1960. 6625 S State Road 1 is a home located in Steuben County with nearby schools including Hamilton Community Elementary School and Hamilton Community High School.

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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