NOT LISTED FOR SALE

7750 S 140 E Wolcottville, IN 46795

Estimated Value: $305,233 - $334,000

2 Beds
1 Bath
1,032 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $142,500 $138 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,889/month

36 Days on Market

Highlights

  • Pier or Dock
  • Home fronts a canal
  • Traditional Architecture
  • Open Floorplan
  • Lake Property
  • Backs to Open Ground

About This Home

As of October 2014

Stop dreaming and go for it! Perfect 2-bedroom waterfront bungalow on popular Witmer Lake, a 204 acre ski lake on the Indian Chain of Lakes, won't last long! Updated kitchen, baths, flooring, lighting and cabinetry inside! Newer roof, decking, siding and storm doors outside! Enjoy your 60' channel front view overlooking the private nature preserves from the oversized deck in front. Open up the back door, and take in the "true lakefront" view from spacious eat-in-kitchen/breakfast bar area in back. Great for entertaining with an open floor plan and large sunroom on the front. Stereo speaker wiring inside and out. Detached one-car garage, plus shed, for storing your lake toys, etc. Ample parking. Two piers that stay. Firepit. New natural glacier stone seawall. Home is not in a flood plain and does not need flood insurance! Serenity, lake life, style, comfort and affordability all in one!

Last Agent to Sell the Property

Natalie Hess

RE/MAX Results - Kendallville office Listed on: 08/19/2014

Co-Listed By

Anita Hess

Weichert Realtors - Hoosier Heartland

Last Buyer's Agent

Mark Dippold

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1962

Lot Details

  • 7,440 Sq Ft Lot
  • Lot Dimensions are 60x124
  • Home fronts a canal
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Zoning described as Lake

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Crawl Space
  • Attic Fan
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 44-10-32-300-010.024-010

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,340

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1962
  • Age: 52
  • Style: One Story
  • Architectural Style: Bungalow, Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Witmer Lake Eagles 1st Add Lot 140
  • Parcel Number ID: 44-10-32-300-010.024-010
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Ceilings-Beamed, Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Landscaped, Open Floor Plan, Patio Open
  • Location: Lake
  • Section Number: 32
  • Sp Lp Percent: 93.75
  • Zoning Description: Lake
  • Special Features: None

Interior Features

  • Total Sq Ft: 1032
  • Total Finished Sq Ft: 1032
  • Above Grade Finished Sq Ft: 1032
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 15x24, On Level: Main
  • Kitchen: Dimensions: 6x12, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Other Room1: Mud/Laundry/Entrance, Dimensions: 16x8
  • Main Level Sq Ft: 1032
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 14x10
  • Channel Canal Frontage: 60
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Name: Witmer Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x19
  • Garage Sq Ft: 266

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Hvac: Attic Fan, Ceiling Fan
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Lakeland School Corp
  • Elementary School: Wolcottville Mills
  • Middle School: Lakeland
  • High School: Lakeland

Lot Info

  • Lot Description: Level, Lake
  • Lot Dimensions: 60x124
  • Estimated Lot Sq Ft: 7440
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 140
  • Zoning: R Residential

Tax Info

  • Annual Taxes: 1340.4

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 29, 2014
Sold by
Bradley R Rhoad
Bought by
Robert E Cleveland Iii and Cleveland Susan J
Seller's Agent
Natalie Hess
RE/MAX Results - Kendallville office
Buyer's Agent
Mark Dippold
Coldwell Banker Real Estate Gr
List Price
$152,000
Sold Price
$142,500
Premium/Discount to List
-$9,500
-6.25%
Current Estimated Value
$317,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,058
Avg. Annual Appreciation
7.34%
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
Robert E Cleveland Iii $142,500 Riverbend Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $142,500 -6.3% $138 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $152,000 -- $147 / 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 $2,063 $247,900 $79,700 $168,200
2023 $1,915 $226,300 $72,400 $153,900
2022 $1,409 $154,500 $49,100 $105,400
2021 $1,161 $131,100 $44,600 $86,500
2020 $1,235 $126,100 $41,800 $84,300
2019 $1,304 $129,400 $41,800 $87,600
2018 $1,360 $128,000 $41,800 $86,200
2017 $1,291 $123,600 $41,800 $81,800
2016 $1,371 $133,700 $41,800 $91,900
2014 $1,203 $118,700 $22,000 $96,700
2013 $1,203 $119,700 $22,000 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201436666

Indiana Regional MLS

APN: 44-10-32-300-010.024-010