NOT LISTED FOR SALE

8 Point Ln Arcadia, IN 46030

Estimated Value: $1,088,582 - $1,481,000

3 Beds
4 Baths
3,893 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $740,000 $190 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,611/month

17 Days on Market

Highlights

  • Lake Front
  • Multiple Garages
  • Cathedral Ceiling
  • Sauna
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2019

Captivating tree-lined private drive leads you to this breathtaking all brick Bontrager Custom Morse Lake Retreat nestled on 2.5 Acres w/215ft of Lake Frontage + Boat Dock! This stunning hm has it all! FIN W-O Bsmt w/Daylight Windows + 4 Car Garage + 3 bay Detached 23x34 Garage w/Workshop + Greenhouse! Soaring Cath Clgs + 30’ Marvin Windows + handsome Frplc showcase the magnificent Great Rm! Gourmet Kit w/Granite Brkfst Island w/convenient Prep Sink! Luxurious spa-like Master Suite w/French Drs that open to GR + Sitting Rm + Jacuzzi Tub + exquisite Glass Block W-I Shower + 3 WIC’s + Priv Balcony w/peaceful Water Views! W-O Bmst w/Bar, Sauna, Wine Closet, Rec Rm w/Pool Table + Full BA + Exercise/add’l BD! Enjoy sunsets from screened porch!

Last Agent to Sell the Property

Deb Polise

Berkshire Hathaway Home License #RB14038742 Listed on: 09/14/2019

Berkshire Hathaway Home

Last Buyer's Agent

Stephanie Evelo

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,474

Year Built

  • Built in 2003

Lot Details

  • 2.5 Acre Lot
  • Lake Front

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Workshop in Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Entrance Foyer
  • Great Room with Fireplace
  • Sauna
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Lookout

Outdoor Features

  • Screened Patio
  • Outbuilding

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association
  • Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 290236000037000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,474

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2003
  • Building Area Total: 5615
  • Garage Y N: Yes
  • Lot Size Acres: 2.5
  • Subdivision Name: Point
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: deb@callthepolise.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished, Walk Out, Daylight/Lookout Windows
  • Appliances: Electric Cooktop, Dishwasher, Microwave, Oven, Refrigerator, Electric Water Heater, Water Purifier, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1722
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, WoodWorkStain/Painted, Breakfast Bar, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Sauna
  • Living Area: 3893
  • Areas Interior: Bath Jack-n-Jill,Great Room - 2 Story
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1993
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1900
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2
  • SqFt Total: 5615

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Out Building With Utilities, Dock
  • Fencing: Partial
  • Foundation Details: Concrete Perimeter
  • List Price: 775000
  • Patio And Porch Features: Screened Patio
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Asphalt, Attached, Workshop in Garage
  • Garage Parking Description: Multiple Garages

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Heat Pump, Electric
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 108900
  • Parcel Number: 290236000037000008
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6474
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 3237
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Nov 1, 2019
Sold by
Kershner Mark R and Kershner Teresa D
Bought by
Rudig Matthew
Seller's Agent
Deb Polise
Berkshire Hathaway Home
Buyer's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%
Current Estimated Value
$1,272,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,605
Avg. Annual Appreciation
9.43%
Original Mortgage
$480,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2010
Sold by
Fifth Third Mortgage Company
Bought by
Kershner Mark D and Kershner Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Eby Brian A and Eby Jennifer L
Bought by
Fifth Third Mortgage Company
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
Rudig Matthew -- Chicago Title Company Llc
Kershner Mark D -- None Available
Fifth Third Mortgage Company $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudig Matthew $548,250
Closed Rudig Matthew $480,000
Previous Owner Kershner Mark R $100,000
Previous Owner Kershner Mark D $320,000
Previous Owner Kershner Mark D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $740,000 -4.5% $190 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $775,000 -- $199 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $7,724 $828,400 $169,800 $658,600
2023 $7,724 $767,900 $169,800 $598,100
2022 $7,074 $653,100 $156,200 $496,900
2021 $6,737 $610,700 $156,200 $454,500
2020 $6,613 $616,000 $156,200 $459,800
2019 $6,287 $594,000 $141,500 $452,500
2018 $6,473 $599,200 $141,500 $457,700
2017 $6,413 $599,100 $141,500 $457,600
2016 $6,493 $608,900 $141,500 $467,400
2014 $6,293 $581,600 $116,600 $465,000
2013 $6,293 $586,300 $116,600 $469,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21667017

MIBOR Broker Listing Cooperative®

APN: 29-02-36-000-037.000-008