NOT LISTED FOR SALE

7183 Ellis Lake Rd Paragon, IN 46166

Estimated Value: $399,000 - $2,054,000

10 Beds
7 Baths
2,098 Sq Ft
$476/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $1,510,000 $720 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $5,626/month

32 Days on Market

Highlights

  • 107 Acre Lot
  • Wood Flooring
  • Formal Dining Room
  • Vaulted Ceiling
  • Rustic Architecture
  • Thermal Windows

About This Home

As of September 2020

For Sale w immediate occupancy! The perfect family or corporate retreat. 107 acre mix of woods, water, park area w campground & tillable soil to grow your own organic food. Enjoy kayaking or canoeing, cruise by the bald eagles nest at the n. end of private lake. Gated and just 45 minutes from downtown Indy. Professional skeet range w electric throwers, 340’ over water zip line, 1650’ runway with hangar & indoor basketball, Sleeps 33 in 10 bedrooms and bunk rooms. Farm up to 20 acres on both sides of the runway. Fantastic fishing (Bass, Crappie, Bluegill, Catfish). 1.5 miles of wooded trails. Improvements: city water, Marvin windows, roofing, appliances, hvac, backup generators & more. Pavilion, BR's, Hangar w corporate meeting area!

Last Agent to Sell the Property

Kelly Frank

Creative Approach Realty Listed on: 07/08/2020

Last Buyer's Agent

Jeffrey Cummings

RE/MAX Complete

RE/MAX Complete

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1959

Lot Details

  • 107

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Rustic Architecture
  • Stone

Interior Spaces

  • 2,098 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Window Screens
  • Great Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Fire Pit
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank
  • Satellite Dish

Additional Features

  • 107 Acre Lot
  • Horse or Livestock Barn

Community Details

  • Ellis Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 600128400080000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,300

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log/Chalet, Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1959
  • Garage Y N: Yes
  • Lot Size Acres: 107
  • Subdivision Name: ELLIS
  • Inspection Warranties: Not Applicable
  • Property Description: For Sale w immediate occupancy! The perfect family or corporate retreat. 107 acre mix of woods, water, park area w campground & tillable soil to grow your own organic food. Enjoy kayaking or canoeing, cruise by the bald eagles nest at the n. end of private lake. Gated and just 45 minutes from downtown Indy. Professional skeet range w electric throwers, 340’ over water zip line, 1650’ runway with hangar & indoor basketball, Sleeps 33 in 10 bedrooms and bunk rooms. Farm up to 20 acres on both sides of the runway. Fantastic fishing (Bass, Crappie, Bluegill, Catfish). 1.5 miles of wooded trails. Improvements: city water, Marvin windows, roofing, appliances, hvac, backup generators & more. Pavilion, BR's, Hangar w corporate meeting area!
  • Transaction Type: Sale
  • Website: www.EllisLakeRetreat.com
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Common Laundry, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Free-Standing Freezer, Washer
  • Levels: One
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bedrooms: 10
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Hardwood Floors, Screens Complete, Storage, Windows Thermal, Wood Work Stained
  • Living Area: 2098
  • Other Equipment: Network Ready, Satellite Dish Rented, Security Alarm Monitored, Smoke Detector, Water-Softener Rented
  • Room Count: 7
  • Areas Interior: Bedroom Other on Main,Laundry Room Main Level
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 7
  • Sq Ft Main Upper: 2098
  • Main Level Sq Ft: 2098
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2098
  • Kitchen Features: Breakfast Bar,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Stone, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Driveway Asphalt, Fire Pit, Out Building With Utilities
  • Foundation Details: Crawl Space
  • List Price: 1600000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Patio

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Propane
  • Garage Parking Description: Attached,Multiple Garages
  • Garage Parking Other: Floor Drain,Garage Door Opener,Heated,Service Door,Storage Area

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail,Private Well 2nd Source
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 600128400080000018
  • Acres: >20 Acres
  • Lot Information: Dock Access,Gated Community,Lakefront,Tree Mature
  • Lot Number: 1
  • Lot Size: 107 ac

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5300
  • Semi Annual Property Tax Amt: 2650
  • Tax Exemption: None

MLS Schools

  • School District: Spencer-Owen Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 2, 2020
Sold by
Anderson Bryan D and Anderson Caryl L
Bought by
Gossett James Gregory and Gossett Danna Maria
Seller's Agent
Kelly Frank
Creative Approach Realty
Buyer's Agent
Jeffrey Cummings
RE/MAX Complete
List Price
$1,600,000
Sold Price
$1,510,000
Premium/Discount to List
-$90,000
-5.62%
Current Estimated Value
$998,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$511,190
Avg. Annual Appreciation
-7.64%
Source: Public Records

Range of Values:

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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
Gossett James Gregory $1,510,000 Barrister'S Ttile Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $1,510,000 -5.6% $720 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $1,600,000 -- $763 / 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 $3,959 $405,700 $151,300 $254,400
2023 $3,855 $364,700 $132,000 $232,700
2022 $5,038 $331,200 $111,800 $219,400
2021 $5,000 $290,100 $101,200 $188,900
2020 $5,013 $295,200 $100,700 $194,500
2019 $5,308 $294,100 $107,000 $187,100
2018 $5,439 $300,000 $109,300 $190,700
2017 $5,416 $304,300 $120,900 $183,400
2016 $5,525 $309,600 $126,200 $183,400
2014 $5,500 $308,600 $130,500 $178,100
2013 -- $292,700 $116,600 $176,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kelly Frank

    Creative Approach Realty

    Section Image

  • J

    Buyer's Agent in 2020

    Jeffrey Cummings

    RE/MAX

    Section Image

  • C

    Buyer Co-Listing Agent in 2020

    Charity Lawson

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21723777

MIBOR Broker Listing Cooperative®

APN: 60-01-28-400-080.000-018

Indiana Owen County Paragon 46166

7183 Ellis Lake Rd, Paragon, IN

This home is located at 7183 Ellis Lake Rd, Paragon, IN 46166 since 08 July 2020 and is currently estimated at $998,810, approximately $476 per square foot. This property was built in 1959. 7183 Ellis Lake Rd is a home located in Owen County with nearby schools including Owen Valley 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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