NOT LISTED FOR SALE

7698 S Indian Ridge Dr Trafalgar, IN 46181

Estimated Value: $275,000 - $1,002,551

2 Beds
3 Baths
2,341 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $605,900 $259 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,404/month

24 Days on Market

Highlights

  • Vaulted Ceiling
  • Double Oven
  • 1 Car Attached Garage
  • Rustic Architecture
  • Bar Fridge
  • Walk-In Closet

About This Home

As of February 2019

Spectacular Water Front Home on 500 acre Lamb Lake. Only 5 years old, this home feels brand new. Water views from every level and setup to entertain guests or a private getaway by the lake. Wrap around Trex porch on the main level, large landscaped/concrete patio off the back of the home overlooking water with multiple seating and grilling areas. Open main level with large windows to enjoy the scenery. 13x14 loft great for bunks and additional sleeping area. Full bath on all 3 levels. Walk Out Basement with 10 ft ceilings and 2nd kitchen. Easy, natural stone steps to the private 2 tier dock with covered boat parking and large Trex sun deck. Home sits on 2 lots in no wake zone, 4 min boat ride to main body of the lake. 180 feet of shoreline.

Last Agent to Sell the Property

Daniel Frische

Smythe & Co, Inc License #RB14049892 Listed on: 01/10/2019

Last Buyer's Agent

Daniel Frische

Smythe & Co, Inc License #RB14049892 Listed on: 01/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 2013

Lot Details

  • 0.64 Acre Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Block Foundation
  • Cultured Stone Exterior
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • Association fees include maintenance, security, snow removal
  • Lamb Lake Estates Subdivision
  • Property managed by LLELOA

Listing and Financial Details

  • Assessor Parcel Number 411027034001000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,838

Year Built

Built in 2013

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic, Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2013
  • Garage Y N: Yes
  • Lot Size Acres: 0.64
  • Subdivision Name: LAMB LAKE ESTATES
  • Inspection Warranties: General,Not Applicable
  • Property Description: Spectacular Water Front Home on 500 acre Lamb Lake. Only 5 years old, this home feels brand new. Water views from every level and setup to entertain guests or a private getaway by the lake. Wrap around Trex porch on the main level, large landscaped/concrete patio off the back of the home overlooking water with multiple seating and grilling areas. Open main level with large windows to enjoy the scenery. 13x14 loft great for bunks and additional sleeping area. Full bath on all 3 levels. Walk Out Basement with 10 ft ceilings and 2nd kitchen. Easy, natural stone steps to the private 2 tier dock with covered boat parking and large Trex sun deck. Home sits on 2 lots in no wake zone, 4 min boat ride to main body of the lake. 180 feet of shoreline.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Walk-Out Access
  • Appliances: Electric Cooktop, Disposal, Microwave, Double Oven, Refrigerator, Bar Fridge, Trash Compactor
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s)
  • Living Area: 2341
  • Other Equipment: Security Alarm Paid, Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer - 2 Story,Laundry in Basement,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1445
  • Main Level Sq Ft: 1000
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Sinks Double
  • Total Sq Ft: 2341
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 896
  • Upper Level Sq Ft: 445
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Cultured Stone, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 624900
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Deck Main Level,Wrap Around Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Finished Garage,Keyless Entry

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Tankless

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: LLELOA
  • Management Company Phone: 317-435-6460

Fee Information

  • Association Fee Includes: Maintenance, Security, Snow Removal
  • Mandatory Fee: 800

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411027034001000015
  • Acres: 1/2-1 Acre
  • Lot Information: Dock Access,Dock Owned,Lakefront,Tree Mature
  • Lot Number: 32,33
  • Lot Size: .64 acre

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4838
  • Semi Annual Property Tax Amt: 2419
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Stout Bobby G and Stout Theresa D
Bought by
Stout Theresa D
Current Estimated Value
$638,776

Purchase Details

Listed on
Jan 10, 2019
Closed on
Feb 28, 2019
Sold by
Hurlow John and Hurlow Christina
Bought by
Stout Bobby G and Stout Theresa D
Seller's Agent
Daniel Frische
Smythe & Co, Inc
Buyer's Agent
Daniel Frische
Smythe & Co, Inc
List Price
$624,900
Sold Price
$605,900
Premium/Discount to List
-$19,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.48%
Original Mortgage
$435,900
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2012
Sold by
Annee Daniel and Annee Sharon
Bought by
Jones Michael E and Jones Aimee L
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
Stout Theresa D -- None Listed On Document
Stout Bobby G -- None Available
Jones Michael E -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Theresa D $160,000
Previous Owner Stout Bobby G $435,900
Previous Owner Annee Daniel $133,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $605,900 -3.0% $259 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $624,900 +25.0% $267 / Sq Ft
02/13/2015 02/13/15 Sold $500,000 -4.8% $214 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
07/31/2014 07/31/14 Price Changed $525,000 -3.7% $224 / Sq Ft
07/15/2014 07/15/14 Price Changed $545,000 -12.8% $233 / Sq Ft
06/21/2014 06/21/14 For Sale $625,000 -- $267 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1 $100 $100 $0
2024 $1 $100 $100 $0
2023 $1 $100 $100 $0
2022 $1 $100 $100 $0
2021 $1 $100 $100 $0
2020 $1 $100 $100 $0
2019 $5 $100 $100 $0
2018 $5 $100 $100 $0
2017 $5 $100 $100 $0
2016 $5 $100 $100 $0
2014 $75 $100 $100 $0
2013 $75 $6,400 $6,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21613889

MIBOR Broker Listing Cooperative®

APN: 41-10-27-034-001.000-015