NOT LISTED FOR SALE

815 Ln 280c Hamilton Lake Hamilton, IN 46742

Estimated Value: $479,000 - $898,000

2 Beds
1 Bath
796 Sq Ft
$938/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $195,000 $245 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $4,414/month

455 Days on Market

Highlights

  • 54 Feet of Waterfront
  • 1 Car Detached Garage
  • Waterski or Wakeboard
  • Lake Property
  • 1-Story Property
  • Level Lot

About This Home

As of June 2018

Lakefront cottage with 54 feet of frontage on Hamilton Lake. Sandy swim bottom. Loads of possibilities with this prime location- lakefront lot on just over 1/4 acre. Enjoy the current cottage, remodel, or build new. Detached garage- perfect for storage. Hamilton Lake is an all sports lake with 800+ acres.

Last Agent to Sell the Property

Jeff Smith

Anchor Realty & Auction Inc Listed on: 03/24/2017

Last Buyer's Agent

Jeff Smith

Anchor Realty & Auction Inc Listed on: 03/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1934

Lot Details

  • 0.27 Acre Lot
  • 54 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cabin
  • Vinyl Construction Material

Interior Spaces

  • 796 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 76-10-28-240-122.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1934
  • Age: 84
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Pt S1/2 NW1/4 Sec 28 .26A
  • Parcel Number ID: 76-10-28-240-122.000-010
  • Platted: Yes
  • Location: Lake
  • Sp Lp Percent: 97.79
  • Special Features: None

Interior Features

  • Total Sq Ft: 796
  • Total Finished Sq Ft: 796
  • Above Grade Finished Sq Ft: 796
  • Price Per Sq Ft: 244.97
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 23x14, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Bedroom 1: Dimensions: 7x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Other Room1: Bath, Dimensions: 7x6, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 54
  • Water Name: Hamilton Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Window
  • Sewer: City
  • Water Utilities: City
  • Water Type: Lake

Schools

  • School District: Hamilton Community
  • Elementary School: Hamilton
  • Middle School: Hamilton Middle
  • High School: Hamilton

Lot Info

  • Lot Description: Level, Waterfront, Waterfront-Level Bank
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Tax Info

  • Annual Taxes: 4148.62

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jun 28, 2018
Sold by
Rose Debra
Bought by
Pool Michael S and Pool Elizabeth H
Seller's Agent
Jeff Smith
Anchor Realty & Auction Inc
Buyer's Agent
Jeff Smith
Anchor Realty & Auction Inc
List Price
$224,400
Sold Price
$195,000
Premium/Discount to List
-$29,400
-13.1%
Current Estimated Value
$746,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,750
Avg. Annual Appreciation
20.13%
Original Mortgage
$156,000
Outstanding Balance
$135,197
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$611,553
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
Pool Michael S $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pool Michael S $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $195,000 -2.2% $245 / Sq Ft
04/23/2018 04/23/18 Price Changed $199,400 -11.1% $251 / Sq Ft
03/24/2017 03/24/17 For Sale $224,400 -- $282 / 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 $5,605 $772,700 $371,800 $400,900
2023 $4,932 $697,600 $332,000 $365,600
2022 $4,864 $655,200 $311,600 $343,600
2021 $4,753 $571,200 $277,700 $293,500
2020 $1,508 $210,200 $189,600 $20,600
2019 $3,016 $274,300 $244,900 $29,400
2018 $5,342 $339,500 $316,900 $22,600
2017 $5,111 $339,300 $316,900 $22,400
2016 $5,299 $339,100 $316,900 $22,200
2014 $3,960 $273,200 $251,900 $21,300
2013 $3,960 $280,300 $251,900 $28,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201712049

Indiana Regional MLS

APN: 76-10-28-240-122.000-010