NOT LISTED FOR SALE

732 E Indian Lake Dr Gladwin, MI 48624

Estimated Value: $162,000 - $210,000

2 Beds
1 Bath
776 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $150,000 $193 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,190/month

101 Days on Market

Highlights

  • Corral
  • 20.6 Acre Lot
  • Ranch Style House
  • Second Garage
  • Wooded Lot
  • Pole Barn

About This Home

As of September 2023

2 Barns, (One with a concrete floor and electric)and a shed with fenced Horse corral on 4 open acres. Wooded acreage with trails throughout. 2 bedroom House needs a lot of work. (House being sold "AS-IS")

Last Agent to Sell the Property

Patricia Mowery

LADY OF THE LAKES NORTH License #CGBOR-6501307591 Listed on: 06/09/2023

Co-Listed By

Sharon Wade

LADY OF THE LAKES NORTH License #CGBOR-6501264869

Last Buyer's Agent

Carolyn Ochab

LADY OF THE LAKES NORTH License #CGBOR-6501308289

Home Details

Home Type

  • Single Family

Lot Details

  • 20.6 Acre Lot
  • 1,004 Ft Wide Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 776 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Second Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Pole Barn
  • Horse or Livestock Barn
  • Corral

Listing and Financial Details

  • Assessor Parcel Number 070-010-200-001-00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 3033.59
  • Total Tax Year: 2022
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 7, On Level: First
  • Dining Room: On 1st Floor
  • Kitchen: On 1st Floor, Dimensions: 15 x 11
  • Living Room: On 1st Floor, Dimensions: 12 x 15
  • Above Grade Finished Sq Ft: 776
  • Total Finished Sq Ft: 776

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl
  • Frontage: 1004
  • Road: Gravel
  • Out Buildings: Barn, Corral(s), Pole Barn
  • Frontage Type: Road

Garage/Parking

  • Garage: Additional Garage(s)
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Farm Features: Horse Barn
  • Assessor Parcel Number: 070-010-200-001-00
  • Zoning: Commercial, Residential
  • Lot Dimensions: 20.6 acres
  • Acreage: 20.6
  • Geo Subdivision: MI
  • Site/Lot Features: Cleared, Wooded

Tax Info

  • Summer Tax: Year: 2022, Amount: $659.54
  • Winter Tax: Year: 2022, Amount: $2,373.95
  • Total Tax: Year: 2022, Amount: $3,033.59

MLS Schools

  • School District: West Branch - Rose City Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 18, 2023
Sold by
Morales Mileidy P
Bought by
Mallette Randolph R
Seller's Agent
Patricia Mowery
LADY OF THE LAKES NORTH
Buyer's Agent
Carolyn Ochab
LADY OF THE LAKES NORTH
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Current Estimated Value
$188,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,944
Avg. Annual Appreciation
10.41%
Original Mortgage
$120,000
Outstanding Balance
$117,516
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
$71,428

Purchase Details

Closed on
May 7, 2021
Sold by
Shannon Bell
Bought by
Morales Mileidy P

Purchase Details

Closed on
Jan 13, 2014
Sold by
Smith Lois Marie
Bought by
Smith Dean Harold
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mallette Randolph R $150,000 North Star Title Ins Agcy Inc
Morales Mileidy P $110,000 North Star Title Ins Agcy Inc
Smith Dean Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallette Randolph R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $150,000 -11.7% $193 / Sq Ft
06/12/2023 06/12/23 Price Changed $169,900 -0.1% $219 / Sq Ft
06/09/2023 06/09/23 For Sale $170,000 -- $219 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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 $2,427 $82,900 $82,900 $0
2024 $3,045 $77,400 $77,400 $0
2023 $440 $61,100 $61,100 $0
2022 $440 $63,500 $0 $0
2020 $440 $40,900 $40,900 $0
2019 $440 $48,000 $48,000 $0
2018 $430 $41,700 $41,700 $0
2017 $421 $39,900 $17,000 $22,900
2016 $1,054 $38,000 $22,400 $15,600
2015 -- $38,000 $17,000 $21,000
2014 -- $35,900 $17,000 $18,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50111961

Clare Gladwin Board of REALTORS®

APN: 070-010-200-001-00