NOT LISTED FOR SALE

7789 N Tippecanoe Dr Walkerton, IN 46574

Estimated Value: $209,000 - $257,000

2 Beds
1 Bath
656 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $125,000 $191 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,476/month

88 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Lake Property
  • Eat-In Kitchen
  • Pier or Dock
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of May 2016

Darling summer cottage at Koontz Lake! This home has two bedrooms with built-in beds, one bath, a one car detached garage and 25 feet of frontage. Well maintained and ready to relax in! Furniture & decor, metal pier and pontoon included!! This is truly a summer getaway!

Last Agent to Sell the Property

ERIKA LEMAN

RE/MAX Aspire Listed on: 02/15/2016

RE/MAX Aspire

Last Buyer's Agent

Carole Noble

KOONTZ LAKE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 25 Feet of Waterfront
  • Lake Front

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 656 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 75-03-12-101-060.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1925
  • Age: 91
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Simpson & Frost, Lot 10, block 3
  • Parcel Number ID: 75-03-12-101-060.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Eat-In Kitchen
  • Location: Lake
  • Sp Lp Percent: 92.66
  • Special Features: None

Interior Features

  • Total Sq Ft: 656
  • Total Finished Sq Ft: 656
  • Above Grade Finished Sq Ft: 656
  • Basement Foundation: Crawl
  • Flooring: Laminate, Vinyl
  • Bedroom 1: Dimensions: 8x8, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 25
  • Water Name: Koontz Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 12x22
  • Garage Sq Ft: 264

Utilities

  • Cooling: Window
  • Heating Fuel: Wall Heater
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Oregon-Davis School Corp.
  • Elementary School: Oregon-Davis Elementary
  • Middle School: Oregon-Davis Junior-Senior High
  • High School: Oregon-Davis Junior-Senior High

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 25x100
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Tax Info

  • Annual Taxes: 1200.76
  • Exemptions: Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2005
Sold by
Akin Thomas A and Akin Jamesine J
Bought by
Ladson Robert D and Ladson Joanna B
Current Estimated Value
$231,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$47,831
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$183,553
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
Ladson Robert D -- Metteropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladson Robert D $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $125,000 -10.1% $191 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $139,000 -- $212 / 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 $2,990 $183,200 $82,500 $100,700
2023 $2,655 $168,500 $75,000 $93,500
2022 $2,655 $156,900 $71,300 $85,600
2021 $2,812 $139,900 $68,200 $71,700
2020 $2,852 $126,600 $62,000 $64,600
2019 $2,701 $122,100 $62,000 $60,100
2018 $2,414 $120,300 $60,200 $60,100
2017 $2,160 $117,400 $59,000 $58,400
2016 $2,113 $117,500 $59,000 $58,500
2014 $1,201 $70,500 $22,500 $48,000
2013 $1,154 $70,200 $22,500 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201605955

Indiana Regional MLS

APN: 75-03-12-101-060.000-009