NOT LISTED FOR SALE

8447 E Wade Ln North Webster, IN 46555

Estimated Value: $618,000 - $735,000

6 Beds
4 Baths
2,340 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $550,000 $235 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,924/month

9 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Covered Deck
  • Pier or Dock
  • Covered Patio or Porch
  • En-Suite Primary Bedroom

About This Home

As of May 2021

This charming and large Lake Webster home has been meticulously maintained and lovingly cared for over two decades by the same owners. It was expanded and fully renovated in 2006-07. This home is turnkey with most furnishings and possessions included. An outstanding property that is rich in history and is now ready for new memories to be created here. Spend hours relaxing on the porch and lakeside deck (grilling, stargazing, having fun with guests) or gather in the living room and take in the commanding view of Lake Webster and Epworth Forest Island. Just steps away from the lakefront dock, you will have a perfect view of the 4th of July fireworks. This 6 bedroom, 4 full bathroom true lake cottage style gem has all of the modern conveniences you will enjoy, including a built-in sauna. Plus, there is plenty of space for everyone. This home is well insulated and can be enjoyed in all seasons. A friendly and established neighborhood that includes several nearby families who live here year-round. Lake Webster is truly a gem – more than large enough for skiing, tubing, boating and fishing but without all of the “big lake” traffic and waves. The lake level is regulated by a dam; no flood insurance required. There is also a gas station and marina on the lake. Lake Webster is home to The Dixie, a 1929 stern-wheel paddle boat that provides regular tours and is on the National Registry of Historic Places. The area boasts many attractions within short driving distances - good dining as well as a number of interesting historical, natural and cultural offerings. Centrally located to Indianapolis, Chicago, and Michigan.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 04/28/2021

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 04/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1943

Lot Details

  • 6,100 Sq Ft Lot
  • Lot Dimensions are 122x50
  • 50 Feet of Waterfront
  • Lake Front
  • Privacy Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Partially Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

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

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-08-11-400-324.000-023

Community Details

Overview

  • $5 Other Monthly Fees

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,511

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1943
  • Age: 78
  • Style: Two Story
  • Total Number of Rooms: 16
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 005-042-068 LOT 22 BLK B EPWORTH FOREST & STP TO WATERS EDGE
  • Parcel Number ID: 43-08-11-400-324.000-023
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Countertops-Laminate, Deck Covered, Deck Open, Deck on Waterfront, Disposal, Porch Covered, Main Floor Laundry, Sump Pump
  • Location: Lake
  • Sp Lp Percent: 91.68
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2754
  • Total Finished Sq Ft: 2340
  • Above Grade Finished Sq Ft: 2340
  • Below Grade Sq Ft: 414
  • Price Per Sq Ft: 235.04
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Walk-Out Basement, Unfinished, Outside Entrance, Walk-up
  • Living Great Room: Dimensions: 17x11, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 11x17, On Level: Main
  • Family Room: On Level: N/A
  • Den: On Level: Main
  • Recreation Room: Dimensions: 20x12, On Level: Upper
  • Extra Room: Dimensions: 10x17, On Level: Upper
  • Bedroom 1: Dimensions: 16x8, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 11x8, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Upper
  • Bedroom 5: Dimensions: 9x10, On Level: Upper
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 414

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Fence: Privacy
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Webster Lake

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx4, On Level: 13
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: pier fee
  • Other Fees Dollar: 60

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Description: Level, Waterfront, Lake
  • Lot Dimensions: 122x50
  • Estimated Lot Sq Ft: 6100
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 22

Tax Info

  • Annual Taxes: 2511

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 28, 2021
Sold by
Stine Robert H and Stine Molly Mcginnis
Bought by
Jacobsen John Edward and Jacobsen Katherine Jane
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Current Estimated Value
$669,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,288

Purchase Details

Closed on
Feb 16, 2009
Sold by
Stine Robert H
Bought by
Stine Robert H and Stine Molly Mcginnis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Stine Robert
Bought by
Stine Robert H and Stine Molly Mcginnis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1999
Sold by
Enyart Richard A and Enyart Helen L
Bought by
Stine Mcginnis Molly
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jacobsen John Edward $550,000 Metropolitan Title Of In Llc
Stine Robert H -- Center Title Services
Stine Robert H -- None Available
Stine Mcginnis Molly $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stine Robert H $307,500
Previous Owner Stine Robert H $201,500
Previous Owner Stine Robert H $100,000
Previous Owner Stine Robert H $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $550,000 -8.3% $235 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $599,900 -- $256 / 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 $4,685 $477,800 $205,900 $271,900
2023 $4,419 $439,000 $188,900 $250,100
2022 $3,902 $385,700 $166,100 $219,600
2021 $2,722 $260,300 $151,300 $109,000
2020 $2,550 $255,100 $146,800 $108,300
2019 $2,511 $255,100 $146,800 $108,300
2018 $2,207 $245,100 $141,100 $104,000
2017 $2,194 $238,700 $141,100 $97,600
2016 $1,811 $227,500 $137,700 $89,800
2014 $1,960 $223,500 $134,300 $89,200
2013 $1,960 $212,400 $127,400 $85,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202114490

Indiana Regional MLS

APN: 43-08-11-400-324.000-023