NOT LISTED FOR SALE

7877 W Lovetts Ln Warsaw, IN 46582

Estimated Value: $316,000 - $433,000

5 Beds
4 Baths
2,998 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $295,000 $98 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,043/month

88 Days on Market

Highlights

  • Access To Lake
  • Primary Bedroom Suite
  • Fireplace in Bedroom
  • Madison Elementary School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of February 2023

Welcome to this spacious , clean, and completely remodeled 5 bedroom/4 bathroom home. You will immediately notice the vaulted ceilings and open concept of the living room, kitchen, and dining area that provides ample space for entertaining. Just off the kitchen is a deck/patio area that would be great for cookouts. This home has not one, but two primary bedrooms on the main level making it a great option for a mother-in-law suite or guest suite. The main bedroom also has fireplace and patio doors that open up to a freshly painted deck. There are a total of 4 bedrooms on the main level with split floor plan. The walkout basement has lots of opportunity for family room, rec room, office space, bedroom, and could even be a separate living space. This home offers so many possibilities and with new appliances, fresh paint, new heating/AC, flooring, siding, and so many updates that you will not want to miss the opportunity to live in this home. It is walking distance to Hoffman Lake with possibility to rent pier space through the association. What are you waiting for? Schedule your appointment to tour this home today!

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Listed on: 10/20/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1979

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 153 x 101
  • Backs to Open Ground
  • Rural Setting
  • Irregular Lot
  • Sloped Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Schools

  • Madison Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-06-31-300-311.000-019

Community Details

Overview

  • Weston Subdivision

Recreation

  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,392

Year Built

Built in 1979

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1979
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 21-123-67 LOT 1 WESTON ADD
  • Parcel Number ID: 43-06-31-300-311.000-019
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Garage Door Opener, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Split Br Floor Plan, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Location: Rural Subdivision
  • Number Below Grade Bedrooms: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2998
  • Total Finished Sq Ft: 2998
  • Above Grade Finished Sq Ft: 1508
  • Below Grade Finished Sq Ft: 1490
  • Basement: Yes
  • Basement Foundation: Slab, Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: 1st Bdrm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 22x15, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 27x14, On Level: Lower
  • Recreation Room: Dimensions: 26x14, On Level: Lower
  • Extra Room: Craft/Office, Dimensions: 12x10, On Level: Lower
  • Bedroom 1: Dimensions: 23x16, On Level: Main
  • Bedroom 2: Dimensions: 18x11, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 12x11, On Level: Main
  • Bedroom 5: Dimensions: 14x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 1490

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 15x10
  • Water Features: Walk to Lake Access, Assoc
  • Water Name: Hoffman Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx10, On Level: 11
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 40
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Madison

Lot Info

  • Lot Description: Irregular, Slope, 0-2.9999
  • Lot Dimensions: 153 x 101
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Tax Info

  • Annual Taxes: 2392
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Feb 3, 2023
Sold by
Gorham Dale L
Bought by
Winston William R
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Views
187
Current Estimated Value
$356,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,091
Avg. Annual Appreciation
7.14%
Original Mortgage
$280,250
Outstanding Balance
$271,361
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$84,730

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 25, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Gorharn Dale L
Seller's Agent
Bonnie Fries
Best Choice Realty, LLC
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$144,000
Sold Price
$129,600
Premium/Discount to List
-$14,400
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.28%
Original Mortgage
$103,680
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2019
Sold by
Homebridge Financial Services Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 22, 2019
Sold by
Hepler Morgan R
Bought by
Homebridge Financial Services Inc

Purchase Details

Listed on
Apr 3, 2017
Closed on
Jun 9, 2017
Sold by
Saldivar Rodolfo and Saldivar Joyce L
Bought by
Hepler Morgan R
Seller's Agent
Steve Savage
RE/MAX Results
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$172,900
Sold Price
$175,000
Premium/Discount to List
$2,100
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$171,830
Interest Rate
4.25%
Mortgage Type
FHA
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
Winston William R -- None Listed On Document
Gorharn Dale L -- None Available
Secretary Of Housing & Urban Development -- None Available
Homebridge Financial Services Inc $138,750 None Available
Hepler Morgan R $175,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winston William R $280,250
Previous Owner Gorharn Dale L $103,680
Previous Owner Hepler Morgan R $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2023 02/03/23 Sold $295,000 -1.7% $98 / Sq Ft
12/15/2022 12/15/22 Price Changed $299,995 -2.9% $100 / Sq Ft
12/05/2022 12/05/22 Price Changed $309,000 -0.3% $103 / Sq Ft
11/10/2022 11/10/22 Price Changed $310,000 -1.6% $103 / Sq Ft
10/13/2022 10/13/22 For Sale $315,000 +143.1% $105 / Sq Ft
08/31/2020 08/31/20 Sold $129,600 0.0% $37 / Sq Ft View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $129,600 -10.0% $37 / Sq Ft
05/15/2020 05/15/20 For Sale $144,000 -17.7% $41 / Sq Ft
06/09/2017 06/09/17 Sold $175,000 +1.2% $54 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $172,900 -- $54 / 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 $2,108 $316,500 $46,700 $269,800
2023 $1,792 $290,500 $42,800 $247,700
2022 $2,762 $226,800 $38,300 $188,500
2021 $2,367 $194,100 $38,300 $155,800
2020 $2,235 $177,200 $30,600 $146,600
2019 $1,044 $177,500 $30,600 $146,900
2018 $963 $169,300 $30,600 $138,700
2017 $810 $152,300 $30,600 $121,700
2016 $844 $149,700 $29,100 $120,600
2014 $815 $158,700 $29,100 $129,600
2013 $815 $155,300 $29,100 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202243698

Indiana Regional MLS

APN: 43-06-31-300-311.000-019