NOT LISTED FOR SALE

7381 W Lutes Dr Warsaw, IN 46582

Estimated Value: $251,000 - $294,823

5 Beds
3 Baths
2,540 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $269,900 $106 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,640/month

1 Day on Market

Highlights

  • Water Views
  • Private Beach
  • Primary Bedroom Suite
  • Madison Elementary School Rated A-
  • Access To Lake
  • Open Floorplan

About This Home

As of February 2024

Sprawling Ranch on Large Lot with access thru association to Hoffman Lake. This quiet retreat has so much to offer. There are 3 bedrooms on the main level with additional bedroom in finished lower level. 3 full baths and wonderful living space are provided in this gem. Many recent updates have been done. Back deck, covered porch and lot with mature trees will provide you endless enjoyment. Move in Ready Condition on this well kept ranch will help you put this home at the top of the list. Lake Access thru Hoffman Lake Association Membership. Nice area of homes. Madison Elementary school district.

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Brokerage Phone: 574-527-6022 Listed on: 01/15/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Deb Paton-Showley

Coldwell Banker Real Estate Group Brokerage Phone: 574-527-6022 Listed on: 01/15/2024

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1995

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 242x202
  • Private Beach
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Irregular Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Workshop
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Madison Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

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

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 43-06-31-200-363.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,243

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1995
  • Age: 29
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 021-124-084.A Pt Tr W 1/2 Se 31-33-5 1.12A Per Deed
  • Parcel Number ID: 43-06-31-200-363.000-019
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Ceiling Fan(s), Ceilings-Vaulted, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Kitchen Island, Landscaped, Open Floor Plan, Porch Covered, Range/Oven Hook Up Gas, Six Panel Doors, Split Br Floor Plan, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Grid: 10 - Central Kosc.
  • Location: Lake, Rural, Rural Subdivision
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2704
  • Total Finished Sq Ft: 2540
  • Above Grade Finished Sq Ft: 1352
  • Below Grade Finished Sq Ft: 1188
  • Below Grade Sq Ft: 164
  • Price Per Sq Ft: 199.63
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 13x20, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 13x26, On Level: Lower
  • Den: Dimensions: 8x10, On Level: Lower
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Bedroom 4: Dimensions: 14x10, On Level: Main
  • Bedroom 5: Dimensions: 12x18, On Level: Main
  • Other Room1: Workshop, Dimensions: 12x12, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1352

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 16x10
  • Lake Type: Non Ski Lake
  • Water Features: Private Beach, Walk to Lake Access
  • Water Name: Hoffman Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Private
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx6, On Level: 9
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Madison
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Madison

Lot Info

  • Lot Description: Irregular, Partially Wooded, 0-2.9999, Water View
  • Lot Dimensions: 242x202
  • Estimated Lot Sq Ft: 48787
  • Estimated Lot Size Acres: 1.12

Tax Info

  • Annual Taxes: 1243.32
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Paseka Jeremiah J and Rider Beverly A
Bought by
Paseka Abigail Marie and Paseka Jeremiah John
Current Estimated Value
$275,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,515
Outstanding Balance
$260,156
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$13,441

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 15, 2024
Sold by
Camelos Danilo Nalini and Camelos Madison
Bought by
Paseka Jeremiah J and Paseka Beverly A
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$269,900
Sold Price
$269,900
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$256,405
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 8, 2019
Sold by
Evans Zachary and Evans Amy
Bought by
Carnelos Danilo Nalini and Carnelos Madison
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$177,000
Sold Price
$190,500
Premium/Discount to List
$13,500
7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$163,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
Mar 24, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Evans Zachary and Evans Amy
Seller's Agent
Amy Cavender
Northern Lakes Realty
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$36,400
Sold Price
$45,000
Premium/Discount to List
$8,600
23.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.13%

Purchase Details

Closed on
Aug 9, 2014
Sold by
Hale David and Hale Laura
Bought by
Deutsche Bank National Trust Company
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
Paseka Abigail Marie -- Fidelity National Title
Paseka Jeremiah J $269,900 Fidelity National Title
Carnelos Danilo Nalini $190,500 North American Title Company
Evans Zachary -- Mtc
Deutsche Bank National Trust Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paseka Abigail Marie $262,515
Previous Owner Paseka Jeremiah J $256,405
Previous Owner Carnelos Danilo Nalini $163,500
Previous Owner Evans Zachary $107,200
Previous Owner Hale David $109,600
Previous Owner Hale David $27,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $269,900 0.0% $106 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $269,900 +41.7% $106 / Sq Ft
08/08/2019 08/08/19 Sold $190,500 +7.6% $75 / Sq Ft
07/08/2019 07/08/19 For Sale $177,000 +293.3% $70 / Sq Ft
03/27/2015 03/27/15 Sold $45,000 +23.6% $33 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $36,400 -- $27 / 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 $1,629 $251,800 $22,800 $229,000
2023 $1,267 $217,400 $22,800 $194,600
2022 $1,218 $201,900 $22,800 $179,100
2021 $1,009 $175,500 $22,800 $152,700
2020 $1,025 $171,600 $20,700 $150,900
2019 $708 $133,800 $20,700 $113,100
2018 $658 $126,700 $20,700 $106,000
2017 $579 $121,500 $20,700 $100,800
2016 $576 $116,200 $19,700 $96,500
2014 $254 $84,800 $19,700 $65,100
2013 $254 $83,200 $19,700 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202404631

Indiana Regional MLS

APN: 43-06-31-200-363.000-019