NOT LISTED FOR SALE

8048 S Indian Ridge Dr Trafalgar, IN 46181

Estimated Value: $484,000 - $696,000

1 Bed
2.5 Baths
2,246 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $419,000 $187 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,132/month

81 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Woodwork
  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Wonderful opportunity to purchase on 500 acre Lamb Lake. Sitting on almost an acre, this ranch home with finished walk out basement is nestled in a beautiful wooded setting. Home is off the water, but all lake rights are included and can be enjoyed. Home was just repainted on the exterior and interior, new 6-inch gutters and updated electrical. Brand new hard wood flooring on main level, new carpet in master and brand new flooring in basement & glassed in porch. Open living room w/ fireplace leading into dining and large kitchen with Nichols cabinets. Open basement w/ fireplace, 2 bonus rooms that could be bedrooms, office or gym. Private backyard w/ multi-level deck. Level driveway w/ extra gravel area to park & 10x10 workshop in garage.

Last Agent to Sell the Property

Daniel Frische

Smythe & Co, Inc Listed on: 11/24/2021

Last Buyer's Agent

Raven Lah

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1987

Lot Details

  • 0.96 Acre Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Foundation
  • Block Foundation
  • Cedar

Interior Spaces

  • 2,246 Sq Ft Home
  • Woodwork
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Family or Dining Combination
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Bedroom

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Association fees include home owners, maintenance, security, snow removal
  • Lamb Lake Estates Subdivision
  • Property managed by LLELOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 411034012012000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 1987

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1987
  • Building Area Total: 2246
  • Garage Y N: Yes
  • Lot Size Acres: 0.9632
  • Subdivision Name: LAMB LAKE ESTATES
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out
  • Appliances: Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 1
  • Fireplace Features: Basement, Family Room, Living Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Hardwood Floors, WoodWorkStain/Painted
  • Other Equipment: Smoke Detector
  • Areas Interior: Bedroom Other on Main,Laundry in Basement
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1318
  • Main Level Sq Ft: 1318
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: TubFull with Shower
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 928
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 100%

Exterior Features

  • Construction Materials: Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block, Brick
  • List Price: 429000
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Glass Enclosed Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 576

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Management Company Name: LLELOA
  • Management Company Phone: 317-435-6460
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance, Security, Snow Removal

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411034012012000015
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature,Wooded
  • Lot Number: 53
  • Lot Size: 41,957

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1434
  • Semi Annual Property Tax Amt: 717
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Mar 11, 2022
Sold by
Curtis Lawhorn
Bought by
Layton Sarah
Seller's Agent
Daniel Frische
Smythe & Co, Inc
Buyer's Agent
Raven Lah
Keller Williams Indpls Metro N
List Price
$449,900
Sold Price
$419,000
Premium/Discount to List
-$30,900
-6.87%
Current Estimated Value
$515,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,716
Avg. Annual Appreciation
4.54%
Original Mortgage
$419,000
Outstanding Balance
$393,481
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$94,267

Purchase Details

Closed on
Jan 5, 2022
Sold by
Lawhorn Curtis
Bought by
Lawhorn Curtis
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
Layton Sarah $419,000 Centurion Land Title
Lawhorn Curtis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layton Sarah $419,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $419,000 -6.9% $187 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $449,900 -- $200 / 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 $2,701 $390,400 $87,200 $303,200
2023 $2,952 $390,400 $87,200 $303,200
2022 $2,418 $303,900 $87,200 $216,700
2021 $1,758 $239,900 $60,000 $179,900
2020 $1,435 $213,500 $60,000 $153,500
2019 $1,262 $195,500 $60,000 $135,500
2018 $1,103 $178,000 $60,000 $118,000
2017 $1,132 $178,000 $60,000 $118,000
2016 $1,062 $178,000 $60,000 $118,000
2014 $1,072 $183,900 $60,000 $123,900
2013 $1,072 $177,700 $60,000 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21826456

MIBOR Broker Listing Cooperative®

APN: 41-10-34-012-012.000-015