NOT LISTED FOR SALE

7225 S 175 E Wolcottville, IN 46795

Estimated Value: $243,000 - $324,000

2 Beds
1 Bath
1,008 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $283,000 $281 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,847/month

25 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of May 2022

Walk inside and it looks like a dream! Thoroughly remodeled lake home that looks like a Chip & Joanna Gaines creation with beautiful decor & newer large windows on the lakeside give this home a bright, open & cheery atmosphere. 50 feet of waterfront with 5 lakes to enjoy are right out your door! This charming property makes moving in easy, you just need your personal belongings because all of the work has been done for you! Vaulted ceiling in the large living room, with a slider to the deck to enjoy the lake. Ship-lap throughout the dining, kitchen and adorable bedrooms gives this the perfect decor for this lake property. The open concept has a large dining room open to the kitchen with new stainless steel appliances, an island & recently updated kitchen cabinets. Updates include: new tankless water heater, new a/c, new 4" well & well pump, new trim/millwork(baseboards,crown, window/door),new fans/lights, new pantry, & new easy to care for laminate that goes great with the lake! There is a new dock, large shed for lake toys & possibly room for a garage in the bigger back yard. The furniture and boat lift are available for purchase separately. There is a LOMA on this property so NO Flood Insurance is needed. **Private Lane homeowners just paid for upgrades (they share costs) to their private small craft launch/lake access area-benches & green space for homeowners to use to South of property on Witmer Lakefront-map with location in Documents**

Last Agent to Sell the Property

Noel Frost

Coldwell Banker Real Estate Group Listed on: 03/28/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Denise Scott

Lewis & Lambright Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x94
  • 50 Feet of Waterfront
  • Home fronts a canal
  • Backs to Open Ground

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Disposal
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

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

Schools

  • Lakeland Primary Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 44-10-32-200-060.012-010

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,229

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 62
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: VEITCH'S 2ND TO WITMER MANOR LOT 53
  • Parcel Number ID: 44-10-32-200-060.012-010
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Vaulted, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Gas/Elec, Firepit, Open Floor Plan, Washer Hook-Up
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021/2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Unfinished Sq Ft: 1008
  • Price Per Sq Ft: 280.75
  • Basement Foundation: Crawl
  • Flooring: Laminate
  • Living Great Room: Dimensions: 26x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 18x12, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 14x12
  • Channel Canal Frontage: 50
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Witmer Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx3, On Level: 4
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Lakeland School Corp
  • Elementary School: Lakeland Primary
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr
  • Elementary School: Lakeland Primary

Lot Info

  • Lot Description: Lake, Waterfront-Level Bank
  • Lot Dimensions: 50x94
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 1228.76

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 4, 2022
Sold by
Lamastus Gregory S and Lamastus Janyth N
Bought by
Aldrich Lon L and Aldrich Sharon R
Seller's Agent
Noel Frost
Coldwell Banker Real Estate Group
Buyer's Agent
Denise Scott
Lewis & Lambright Inc
List Price
$283,000
Sold Price
$283,000
Current Estimated Value
$304,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,239
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Aug 25, 2017
Sold by
Kitchen Nicholas F and Kitchen Terri J
Bought by
Lamastus Gregory S and Lamastus Janyth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 31, 2013
Sold by
Shawn Edgar R
Bought by
Terri Nicholas F and Terri Kitchen
Seller's Agent
Stacy Rofkahr
Mike Thomas Associates
Buyer's Agent
Anita Hess
Weichert Realtors - Hoosier Heartland
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Jul 28, 2008
Sold by
Jeffrey D Smith
Bought by
Shawn Edgar R and Tara Edgar
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aldrich Lon L -- None Listed On Document
Lamastus Gregory S $148,500 Trademark Title Inc
Terri Nicholas F $139,900 Trademark Title Inc
Shawn Edgar R $129,900 Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamastus Gregory S $118,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $283,000 0.0% $281 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $283,000 0.0% $281 / Sq Ft
04/09/2022 04/09/22 Price Changed $283,000 +1.1% $281 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $279,900 +100.1% $278 / Sq Ft
10/31/2013 10/31/13 Sold $139,900 0.0% $139 / Sq Ft
09/29/2013 09/29/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $139,900 -- $139 / 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 $2,181 $262,100 $61,900 $200,200
2023 $2,034 $240,300 $56,200 $184,100
2022 $1,486 $163,000 $37,500 $125,500
2021 $1,229 $138,700 $34,100 $104,600
2020 $1,308 $133,600 $31,900 $101,700
2019 $1,390 $137,900 $31,900 $106,000
2018 $1,512 $142,300 $31,900 $110,400
2017 $1,421 $136,000 $31,900 $104,100
2016 $1,539 $150,100 $31,900 $118,200
2014 $1,362 $134,400 $16,800 $117,600
2013 $1,362 $135,700 $16,800 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202210187

Indiana Regional MLS

APN: 44-10-32-200-060.012-010