NOT LISTED FOR SALE

Estimated Value: $457,000 - $541,587

4 Beds
2.5 Baths
3,976 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $450,000 $113 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,175/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Partially Wooded Lot
  • Homestead Senior High School Rated A
  • Vaulted Ceiling
  • Backs to Open Ground

About This Home

As of September 2023

The coveted Southwest neighborhood of Inverness Lakes presents this meticulously constructed executive ranch on a walk-out basement. Boasting nearly 4,000 sq/ft, 4 bedrooms, 3 baths, 2 laundry rooms and a 3-car garage, this remarkable property is private with lush, mature landscaping. The light-filled living room, featuring walls of windows & crown molding, seamlessly leads to the formal dining room and eat-in kitchen, complete with stainless appliances, tiled backsplash, walk-in pantry and a copious amount of cabinet & counter space. The home office is a cozy & inviting space, offers custom built-in bookcases, lovely backyard views, and guides you to the primary en-suite with double walk-in closets, soaking tub, dual vanities & bonus vanity area and a separate walk-in shower. Additionally on the main level are the screened-in sun porch w/vaulted ceiling and the first laundry room w/refrigerator & utility sink. Ascend the extra-wide staircase to the lower level where three spacious bedrooms await. This level promises endless living possibilities with a family room (complete w/ gas fireplace), a wet bar for social gatherings, full bath, massive storage area, ample closets and your second laundry room. Outside, the expansive yard is your own scenic, wooded sanctuary. Fantastic location close to walking trails, SACS schools, restaurants, Jorgenson YMCA and shopping!

Last Agent to Sell the Property

Leslie Ferguson

Regan & Ferguson Group Brokerage Phone: 260-207-4648 Listed on: 07/27/2023

Co-Listed By

Heather Regan

Regan & Ferguson Group Brokerage Phone: 260-207-4648

Last Buyer's Agent

Mindy Szczepanski

Wyatt Group Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,821

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125x159
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Walk-Out Ranch
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Bar
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Community Details

  • Inverness Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-12-328-010.000-075

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,821

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Age: 26
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Inverness Lakes Sec 1 Lot 4
  • Parcel Number ID: 02-11-12-328-010.000-075
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Bar, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Guest Quarters, Landscaped, Near Walking Trail, Open Floor Plan, Patio Open, Porch Covered, Porch Florida, Porch Screened, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Wet Bar, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 3
  • Section Number: 1
  • Sp Lp Percent: 102.3
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4334
  • Total Finished Sq Ft: 3976
  • Above Grade Finished Sq Ft: 2179
  • Below Grade Finished Sq Ft: 1797
  • Below Grade Sq Ft: 358
  • Price Per Sq Ft: 206.52
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 20x18, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Breakfast Room: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Family Room: Dimensions: 27x24, On Level: Main
  • Den: Dimensions: 14x13, On Level: Main
  • Extra Room: Sunroom, Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 15x17, On Level: Main
  • Bedroom 2: Dimensions: 19x15, On Level: Lower
  • Bedroom 3: Dimensions: 13x12, On Level: Lower
  • Bedroom 4: Dimensions: 16x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2155

Exterior Features

  • Exterior: Brick, Cedar, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 25x24
  • Garage Sq Ft: 600
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 10

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 600
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 125x159
  • Estimated Lot Sq Ft: 19875
  • Estimated Lot Size Acres: 0.46
  • Lot Number: 4

Tax Info

  • Annual Taxes: 4821.34
  • Exemptions: Homestead

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 1, 2023
Sold by
Sheffer Lillian M
Bought by
Ulrich Brian M and Ulrich Gywen M
Seller's Agent
Leslie Ferguson
Regan & Ferguson Group
Buyer's Agent
Mindy Szczepanski
Wyatt Group Realtors
List Price
$439,900
Sold Price
$450,000
Premium/Discount to List
$10,100
2.3%
Views
35
Current Estimated Value
$499,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,647
Avg. Annual Appreciation
5.37%
Original Mortgage
$427,500
Outstanding Balance
$418,590
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$81,057
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
Ulrich Brian M $450,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulrich Brian M $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $450,000 +2.3% $113 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $439,900 -- $111 / 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 $5,082 $502,700 $97,000 $405,700
2023 $5,082 $471,900 $63,000 $408,900
2022 $4,821 $443,300 $63,000 $380,300
2021 $4,317 $409,700 $63,000 $346,700
2020 $4,329 $407,100 $63,000 $344,100
2019 $3,966 $373,400 $63,000 $310,400
2018 $3,621 $340,300 $63,000 $277,300
2017 $3,589 $333,800 $63,000 $270,800
2016 $3,640 $339,300 $63,000 $276,300
2014 $3,722 $350,000 $63,000 $287,000
2013 $3,719 $347,600 $63,000 $284,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202326452

Indiana Regional MLS

APN: 02-11-12-328-010.000-075