NOT LISTED FOR SALE

7861 E Cree Lake Dr S Kendallville, IN 46755

Estimated Value: $161,000 - $176,000

2 Beds
1 Bath
864 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 30, 2015

Last sale price $62,500 $72 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $977/month

354 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake Property
  • 1-Story Property
  • Pier or Dock
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of March 2015

Cree Lake -- 7861 E Cree Lake Road South LAND CONTRACT POSSIBLE with significant down payment. Enjoy lake-living just 3 miles from the heart of Kendallville at an unbelievably low price! This 2-Bedroom cottage with a full basement is priced to sell. Because it needs to be updated and decorated it's a wonderful opportunity to move to the lake at a very reasonable cost. Sold "As-Is." MLS # 201410896. $79,900.

Last Agent to Sell the Property

Robert Muller

Hometown Realty Listed on: 04/07/2014

Last Buyer's Agent

Adam Ertel

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x144
  • 60 Feet of Waterfront
  • Lake Front
  • Level Lot

Home Design

  • Cabin

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Wayne Center Elementary School
  • Kendallville Middle School
  • East Noble High School

Utilities

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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 57-07-08-200-030.000-019

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Willow Bend E 1/2 Lot 13 Willow Bend Lot 14 |
  • Parcel Number ID: 57-07-08-200-030.000-019
  • Platted: Yes
  • Investment Property: Yes
  • Location: Lake
  • Section Number: 08
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1728
  • Total Finished Sq Ft: 864
  • Above Grade Finished Sq Ft: 864
  • Below Grade Sq Ft: 864
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 26x11
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Den: Dimensions: 14x6, On Level: Main
  • Bedroom 1: Dimensions: 12x8, On Level: Main
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Main Level Sq Ft: 864
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 864

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 60
  • Water Name: Cree Lake

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Wayne Center

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 60x144
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1997.95
  • Exemptions: Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: East Noble
  • Middle School: Kendallville
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Mar 30, 2015
Sold by
Todd E Blaskie
Bought by
Thomas J Loftus
Seller's Agent
Robert Muller
Hometown Realty
Buyer's Agent
Adam Ertel
Coldwell Banker Real Estate Gr
List Price
$79,900
Sold Price
$62,500
Premium/Discount to List
-$17,400
-21.78%
Current Estimated Value
$166,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,564
Avg. Annual Appreciation
9.67%
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
Thomas J Loftus $62,500 Trademark Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2015 03/30/15 Sold $62,500 -21.8% $72 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
04/07/2014 04/07/14 For Sale $79,900 -- $92 / 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 $1,293 $104,300 $32,300 $72,000
2023 $1,293 $105,100 $32,300 $72,800
2022 $1,222 $96,500 $29,900 $66,600
2021 $1,257 $93,300 $43,400 $49,900
2020 $1,283 $88,700 $39,300 $49,400
2019 $1,277 $84,500 $37,400 $47,100
2018 $1,277 $81,600 $37,400 $44,200
2017 $1,214 $81,100 $37,400 $43,700
2016 $1,190 $80,700 $37,400 $43,300
2014 $1,296 $81,300 $37,400 $43,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Muller

    Hometown Realty

  • Adam Ertel

    Buyer's Agent in 2015

    Adam Ertel

    Coldwell Banker Real Estate Gr

    (260) 417-1132

    97 Total Sales

    Adam Ertel
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Map

Source: Indiana Regional MLS

MLS Number: 201410896

Indiana Regional MLS

APN: 570708200030000019

Indiana Noble County Kendallville 46755

7861 E Cree Lake Dr S, Kendallville, 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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