NOT LISTED FOR SALE

848 E State Road 14 Silver Lake, IN 46982

Estimated Value: $347,000 - $404,982

4 Beds
2 Baths
2,082 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $360,000 $173 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,253/month

145 Days on Market

Highlights

  • Barn
  • 3 Fireplaces
  • 2 Car Attached Garage
  • Edgewood Middle School Rated A
  • No HOA
  • Hot Water Heating System

About This Home

As of December 2023

Welcome to this picturesque farmhouse, a true haven for those seeking the charm of country living. Situated on over 5 acres, this 4 bed 2 bath home offers a delightful blend of rustic appeal and modern conveniences. The inviting exterior features vinyl siding with shaker siding and brick accents, along with charming cedar shutters, newer windows and roof, all within the last 9 years. The attached two car garage provides ample space for parking and is complimented by a stamped approach and sidewalk. Inside, the main floor showcases a spacious living and formal dining room, both adorned with a double sided fireplace. The kitchen boasts freshly painted cabinets, stainless steel appliances, and a new tiled backsplash. Other recent updates include laminate hardwood floors spanning from the kitchen to dining room as well as the upstairs bedrooms. Outside the property features three outbuildings that include a heated shop, large storage building, and a livestock barn ideal for housing animals

Last Agent to Sell the Property

Kathleen Bassett

Redlow Group, Inc. License #RB14038407 Listed on: 06/19/2023

Last Buyer's Agent

Ryan Clemons

Redlow Group, Inc. License #RB15000721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1865

Lot Details

  • 5.4

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2,082 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Well

Additional Features

  • 5.4 Acre Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 431806200050000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 1865

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1865
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Open Lot, Pond On Lot
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA2095
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2082
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Other Structures: Barn(s)
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Basement: Crawl Space, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 5.4
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Heating: Hot Water, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 235224
  • Parcel #: 431806200050000013

Tax Info

  • Year: 2022
  • Tax Annual Amount: 896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Dec 22, 2023
Sold by
Yoder Mervin and Yoder Rebecca Lynn
Bought by
Metzger Jacob D and Metzger Daniel J
Seller's Agent
Kathleen Bassett
Redlow Group, Inc.
Buyer's Agent
Ryan Clemons
Redlow Group, Inc.
List Price
$445,000
Sold Price
$360,000
Premium/Discount to List
-$85,000
-19.1%
Views
283
Current Estimated Value
$370,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,246
Avg. Annual Appreciation
0.24%
Original Mortgage
$342,000
Outstanding Balance
$337,975
Interest Rate
7.44%
Mortgage Type
Construction
Estimated Equity
$23,466
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Metzger Jacob D $360,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzger Jacob D $342,000
Previous Owner Swick Lee $220,000
Previous Owner Swick Living Trust $90,000
Previous Owner Swick Living Trust $51,500
Previous Owner Swick Connie S $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $360,000 -19.1% $173 / Sq Ft
06/19/2023 06/19/23 For Sale $445,000 +18.4% $214 / Sq Ft
03/29/2022 03/29/22 Sold $376,000 -3.3% $104 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
01/14/2022 01/14/22 Price Changed $389,000 -2.5% $107 / Sq Ft
12/21/2021 12/21/21 Price Changed $399,000 -6.1% $110 / Sq Ft
11/29/2021 11/29/21 Price Changed $425,000 -5.3% $117 / Sq Ft
11/14/2021 11/14/21 Price Changed $449,000 +19.4% $124 / Sq Ft
10/13/2021 10/13/21 For Sale $376,000 -- $104 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $2,816 $355,300 $29,500 $325,800
2023 $2,715 $331,700 $28,500 $303,200
2022 $1,742 $210,400 $27,500 $182,900
2021 $1,434 $182,400 $27,000 $155,400
2020 $1,251 $170,800 $27,000 $143,800
2019 $1,150 $164,600 $27,700 $136,900
2018 $1,108 $155,600 $40,000 $115,600
2017 $1,021 $152,300 $40,000 $112,300
2016 $1,034 $148,000 $37,800 $110,200
2014 $874 $141,000 $36,400 $104,600
2013 $874 $140,700 $36,300 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 532238

Northwest Indiana Association of REALTORS®

APN: 43-18-06-200-050.000-013