NOT LISTED FOR SALE

7827 N Tippecanoe Dr Walkerton, IN 46574

Estimated Value: $466,000 - $627,565

4 Beds
2 Baths
2,358 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $625,000 $265 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,426/month

1 Day on Market

Highlights

  • Lake Front
  • Fishing
  • Clubhouse
  • Beach Access
  • Community Lake
  • Deck

About This Home

As of May 2024

Only 90 minutes from downtown Chicago sits a fantastic lakefront retreat on the beautiful shores of Koontz Lake in Indiana! This updated and turn-key 4 bedroom, 2 bath lake house boasts modern amenities and breathtaking views over the 300+ acre all-sport lake! TONS of updates over the last three years on this historic beauty! The spacious open floor plan flooded with natural light, accentuated by brand new easy-care floors and sliding glass doors showcasing the picturesque lake views. The new gourmet kitchen features stainless steel appliances, quartz countertops, and ample cabinet space in a gorgeous navy, perfect for preparing meals to enjoy with family and friends with the large island. Start your mornings sipping coffee made at the coffee bar with reverse osmosis water. Unwind in the inviting living area, complete with a cozy fireplace, ideal for chilly evenings or intimate gatherings. A small room off the living area can serve as a great playroom or exercise area. There's also a game area with a beautiful poker table. The first floor has 3 bedrooms, full bath, cute office, the laundry, and a 1 car attached garage. Upstairs, the generous primary suite offers stunning lake views from the balcony, an en-suite bath, and plenty of closet space. Expansive double lot provides ample space for outdoor activities and entertaining, with large rebuilt deck overlooking the fenced yard. Launch your boat from the newer steel private dock and explore Koontz Lake, from boating, fishing, nearby beach, checking out the wildlife including a couple of bald eagles! The lot is extra wide, with a detached 2 car garage and party room, as well as a carport. There is the potential to divide the lot, offering exciting possibilities for expansion or investment. Whether you're seeking a peaceful retreat, a rental property, or a waterfront oasis to call home, this lakehouse has it all - and is ready to move right in, as furniture, decor, kayaks and kitchen wares are included! Agent Owned.

Last Agent to Sell the Property

Vicki Stevenson

eXp Realty, LLC License #RB20000813 Listed on: 04/15/2024

eXp Realty, LLC

Last Buyer's Agent

Rhonda Hurford

Collins & Company License #RB14040148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,668

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 97x100x120x91
  • Lake Front
  • Gated Home
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 3 Car Garage
  • Carport
  • Garage Door Opener

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,358 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Carpet
  • Lake Views
  • Basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Outdoor Gas Grill
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 75-03-12-101-048.000-009

Community Details

Overview

  • No Home Owners Association
  • Simpson & Frosts Add/Koontz L Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,668

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1931
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Lakefront
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Back Yard, Waterfront, Views
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Lake, Water
  • Water Body Name: Koontz Lake
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Co List Office Mls Id: NRA1732
  • Subdivision Name: Simpson & Frosts Add/Koontz L
  • Above Grade Finished Sq Ft: 2358
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Garage(s), Residence, Second Garage
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Double Pane Windows, Window Treatments, Screens, Drapes
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Water Softener Owned, Water Purifier Owned, Microwave, Refrigerator, Range Hood, Gas Water Heater, Dryer, Free-Standing Gas Range
  • Interior Amenities: Breakfast Bar, Wet Bar, Whirlpool Tub, Walk-In Closet(s), Stone Counters, Open Floorplan, Kitchen Island, Entrance Foyer, Eat-in Kitchen, Crown Molding, Chandelier, Ceiling Fan(s)
  • Basement: Concrete, Unfinished, Storage Space, Crawl Space, Partial, Dirt Floor
  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Glass Doors, Gas Log, Gas
  • Fireplaces: 1
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Balcony, Private Yard, Rain Gutters, Gas Grill, Dock
  • Fencing: Chain Link, Perimeter, Full, Gate
  • Acres: 0.2296
  • Waterfront Features: Beach Access, Waterfront, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block, Concrete Perimeter, Combination
  • Patio And Porch Features: Deck, Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Additional Parking, Detached, Garage Door Opener, Driveway, Carport, Attached

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected
  • Cooling: Central Air, Other
  • Heating: Fireplace(s), Natural Gas, Forced Air
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Fishing
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 97x100x120x91
  • Lot Size Sq Ft: 10001.38
  • Parcel #: 75-03-12-101-048.000-009

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 16, 2024
Sold by
Stevenson Ryan D and Stevenson Victoria B
Bought by
Umbriaco Kathleen and Umbriaco Francesco
Seller's Agent
Vicki Stevenson
eXp Realty, LLC
Buyer's Agent
Rhonda Hurford
Collins & Company
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Views
1123
Current Estimated Value
$548,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,359
Avg. Annual Appreciation
-8.01%
Original Mortgage
$200,000
Outstanding Balance
$197,163
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$351,478

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 24, 2017
Sold by
Region Llc
Bought by
Wayne Wilczweski
Seller's Agent
Kevin Hutnick
Listing Leaders
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$151,905
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2016
Sold by
Tebich W W and Tebich L
Bought by
Region Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,713
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Umbriaco Kathleen -- None Listed On Document
Wayne Wilczweski $159,900 --
Wilczweski Wayne $159,900 Indiana Title Network Compan
Region Llc $143,000 --
Region Home Buyers Llc -- Indiana Title Network Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umbriaco Kathleen $200,000
Previous Owner Wilczweski Wayne $151,905
Previous Owner Region Home Buyers Llc $136,713
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $625,000 -3.7% $265 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $649,000 +112.8% $275 / Sq Ft
11/30/2020 11/30/20 Sold $305,000 0.0% $124 / Sq Ft View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $305,000 +90.7% $124 / Sq Ft
02/27/2017 02/27/17 Sold $159,900 0.0% $68 / Sq Ft View Prior Sale
02/21/2017 02/21/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $159,900 -- $68 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $6,587 $406,000 $165,000 $241,000
2023 $6,668 $373,800 $150,000 $223,800
2022 $5,881 $347,600 $142,600 $205,000
2021 $6,145 $305,700 $136,400 $169,300
2020 $3,442 $272,900 $124,000 $148,900
2019 $3,247 $262,700 $124,000 $138,700
2018 $2,703 $258,900 $120,400 $138,500
2017 $2,380 $251,300 $118,000 $133,300
2016 $2,410 $254,000 $120,800 $133,200
2014 $1,766 $207,400 $72,500 $134,900
2013 $1,652 $203,200 $72,500 $130,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 802195

Northwest Indiana Association of REALTORS®

APN: 75-03-12-101-048.000-009