NOT LISTED FOR SALE

8051 N Edgewater Dr Walkerton, IN 46574

Estimated Value: $611,000 - $741,000

4 Beds
3.5 Baths
3,539 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $525,000 $148 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,226/month

96 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of February 2023

Welcome to Lake Life! Don't miss out on this expansive custom home built in 2011. Located on Koontz Lake in a beautiful quiet neighborhood, this 4 bed, 3.5 bath home offers room for everyone. Open the door to large open concept living, cathedral ceilings, large windows that provide lots of natural light and gorgeous views. Main level has large living, kitchen, laundry, half bath and master bedroom suite with large walk in closet. Upper level has large landing perfect for a den and another optional master suite. Finished basement has two bedrooms, full bath, family room with fireplace and wet bar, perfect for entertaining. There is another large room perfect for that person that works from home, or if you need an optional 5th bedroom. Basement walks out to the back yard that leads to the dock/pier. Wrap around composite decking is perfect for enjoying the views of the lake. The 24x36 garage includes its own heater. Property includes a 10x20 shed and whole house generator. Call to schedule your private viewing today.

Last Agent to Sell the Property

Rhonda Hurford

Collins & Company Realtors, Koontz Lake Listed on: 10/04/2022

Last Buyer's Agent

Rhonda Hurford

Collins & Company Realtors, Koontz Lake Listed on: 10/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 2011

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 70x297
  • 70 Feet of Waterfront
  • Home fronts a canal
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Irrigation

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Breakfast Bar
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Oregon-Davis Elementary School
  • Oregon-Davis Junior-Senior High Middle School
  • Oregon-Davis Junior-Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 75-03-01-404-018.100-009

Community Details

Overview

  • Highland Park Subdivision

Recreation

  • Pier or Dock
  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,516

Year Built

Built in 2011

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2011
  • Age: 12
  • Style: One and Half Story
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Highland Park Sub #3 Lot 5 & Pt Se Se S1 T34 R1 .05a
  • Parcel Number ID: 75-03-01-404-018.100-009
  • Platted: Yes
  • Amenities: Bar, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Deck Open, Detector-Smoke, Garage Door Opener, Generator-Whole House, Home Warranty Included, Irrigation System, Landscaped, Open Floor Plan, Patio Covered, Wet Bar, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry
  • Location: Lake, Rural Subdivision
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 95.47
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4753
  • Total Finished Sq Ft: 3539
  • Above Grade Finished Sq Ft: 2073
  • Below Grade Finished Sq Ft: 1466
  • Above Grade Unfinished Sq Ft: 1214
  • Price Per Sq Ft: 253.26
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 24x28, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Family Room: Dimensions: 23x27, On Level: Lower
  • Extra Room: Office/Optional 5th Bed, Dimensions: 13x16, On Level: Lower
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 24x24, On Level: Upper
  • Bedroom 3: Dimensions: 13x14, On Level: Lower
  • Bedroom 4: Dimensions: 13x14, On Level: Lower
  • Main Level Sq Ft: 1466
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1466

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x20
  • Channel Canal Frontage: 70
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock, Assoc
  • Water Frontage: 70
  • Water Name: Koontz Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 36x24
  • Garage Sq Ft: 864
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Laundry: Dimensions: Mainx8, On Level: 9
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 75
  • Association Fees Frequency: Annually

Schools

  • School District: Oregon-Davis School Corp.
  • Elementary School: Oregon-Davis Elementary
  • Middle School: Oregon-Davis Junior-Senior High
  • High School: Oregon-Davis Junior-Senior High
  • Elementary School: Oregon-Davis Elementary

Lot Info

  • Lot Description: Waterfront, 0-2.9999, Lake
  • Lot Dimensions: 70x297
  • Estimated Lot Sq Ft: 20473
  • Estimated Lot Size Acres: 0.47

Tax Info

  • Annual Taxes: 4516.08
  • Total Assessed Value: 443300
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Oregon-Davis Junior-Senior High
  • Middle School: Oregon-Davis Junior-Senior High
  • School District: Oregon-Davis School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Feb 27, 2023
Sold by
Hinton Gary L and Hinton Karin K
Bought by
Lee Edward R and Lee Cynthia M
Seller's Agent
Rhonda Hurford
Collins & Company Realtors, Koontz Lake
Buyer's Agent
Rhonda Hurford
Collins & Company Realtors, Koontz Lake
List Price
$589,900
Sold Price
$525,000
Premium/Discount to List
-$64,900
-11%
Views
167
Current Estimated Value
$650,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,922
Avg. Annual Appreciation
8.55%
Original Mortgage
$262,500
Outstanding Balance
$254,792
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$396,130

Purchase Details

Closed on
Feb 17, 2012
Sold by
Dean Mc Intosh and Dean Andrea
Bought by
Hinton Gary L and Hinton Karin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2010
Sold by
Wossow Keith and Wossow Judith K
Bought by
Mcintosh Dean and Mcintosh Andres
Source: Public Records

Range of Values:

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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
Lee Edward R -- None Listed On Document
Hinton Gary L $350,000 Meridian Title Corp
Hinton Gary L -- None Available
Mcintosh Dean $55,000 Meridian Title Corp
Mclntosh Dean -- Meridian Tilte Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Edward R $262,500
Previous Owner Hinton Gary L $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $525,000 -4.5% $148 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
10/27/2022 10/27/22 Price Changed $549,900 -6.8% $155 / Sq Ft
10/04/2022 10/04/22 For Sale $589,900 -- $167 / 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 $9,231 $569,800 $61,900 $507,900
2023 $9,351 $524,900 $56,200 $468,700
2022 $4,194 $443,300 $53,500 $389,800
2021 $3,915 $359,600 $50,900 $308,700
2020 $4,351 $341,800 $50,900 $290,900
2019 $4,333 $344,900 $50,900 $294,000
2018 $3,637 $341,500 $50,600 $290,900
2017 $3,302 $340,600 $50,600 $290,000
2016 $3,231 $340,100 $56,500 $283,600
2014 $3,067 $346,300 $56,400 $289,900
2013 $2,927 $344,700 $56,400 $288,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202241466

Indiana Regional MLS

APN: 75-03-01-404-018.100-009