NOT LISTED FOR SALE

7491 W Lutes Dr Warsaw, IN 46582

Estimated Value: $185,404 - $245,000

2 Beds
1 Bath
1,142 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $255,000 $223 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,150/month

23 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Pier or Dock
  • Lake Property
  • Madison Elementary School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of June 2023

Gorgeous lake views await at this 2 bedroom, 1 bath charmer on Hoffman Lake. This property includes 2 lake front lots of 95 linear feet and 4 more lots across the street featuring the 1140 sq feet house and detached garage. The home features hardwood flooring and an open style living room and kitchen with a large center island. Main floor bedrooms and main floor laundry! Home Details: New well bladder tank July 2022, newer windows, new roof in 2011, can lights, new fixtures, sandy bottom! *This property includes 3 separate parcels.

Last Agent to Sell the Property

Julie Hall

Patton Hall Real Estate Listed on: 04/13/2023

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate Listed on: 04/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1934

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 100x318
  • 95 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Corner Lot
  • Sloped Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,142 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-06-31-200-346.000-019

Community Details

Overview

  • Old Wray Homestead Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1934
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 021-124-025 LOTS 2 & 3 & TRACT BTWN LOT & WATER OLD WRAY HOMESTEAD SD AND 021-124-027 LOTS 68 & 69 OLD WRAY HOMESTEAD SD AND 021-124-075 LOTS 70 & 71 OLD WRAY HOMESTEAD SD
  • Parcel Number ID: 43-06-31-200-346.000-019
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Porch Covered, Range/Oven Hook Up Gas, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Grid: 15 - Central Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Parcel Id2: 43-06-31-200-328.000-019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1142
  • Total Finished Sq Ft: 1142
  • Above Grade Finished Sq Ft: 1142
  • Basement Foundation: Crawl, Slab
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 20x10, On Level: Main
  • Dining Room: Dimensions: 20x10, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 95
  • Water Name: Hoffman Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x11
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 25
  • Association Fees Frequency: Optional

Schools

  • Elementary School: Madison

Lot Info

  • Lot Description: Corner, Slope, Waterfront, Lake, Water View
  • Lot Dimensions: 100X318
  • Estimated Lot Sq Ft: 22651
  • Estimated Lot Size Acres: 0.52

Tax Info

  • Annual Taxes: 1512.12

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Depoy Timothy
Bought by
Depoy Timothy
Current Estimated Value
$209,351

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 12, 2023
Sold by
Yakimicki Verdonna L and Huey Verdonna L
Bought by
Depoy Timothy
Seller's Agent
Julie Hall
Patton Hall Real Estate
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.95%
Original Mortgage
$263,155
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2013
Sold by
Yakimicki Donald L
Bought by
Huey Verdonna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Depoy Timothy -- Fidelity National Title
Depoy Timothy $255,000 None Listed On Document
Huey Verdonna L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depoy Timothy $263,155
Previous Owner Huey Verdonna L $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $255,000 +2.0% $223 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $250,000 -- $219 / 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 $619 $126,800 $17,000 $109,800
2023 $361 $90,500 $15,600 $74,900
2022 $944 $77,500 $13,900 $63,600
2021 $812 $66,600 $13,900 $52,700
2020 $815 $63,300 $11,100 $52,200
2019 $747 $61,900 $11,100 $50,800
2018 $705 $57,200 $11,100 $46,100
2017 $650 $56,100 $11,100 $45,000
2016 $681 $55,100 $10,600 $44,500
2014 $627 $57,100 $10,600 $46,500
2013 $627 $56,400 $10,600 $45,800
Source: Public Records

Agents Affiliated with this Home

  • Julie Hall

    Seller's Agent in 2023

    Julie Hall

    Patton Hall Real Estate

    (574) 268-7645

    971 Total Sales

    Julie Hall
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Map

Source: Indiana Regional MLS

MLS Number: 202311262

Indiana Regional MLS

APN: 43-06-31-200-346.000-019

Indiana Kosciusko County Warsaw 46582

7491 W Lutes Dr, Warsaw, IN

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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