NOT LISTED FOR SALE

8490 W 050 N Shipshewana, IN 46565

Estimated Value: $413,000 - $564,000

3 Beds
2 Baths
2,122 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 8490 W 050 N, Shipshewana, IN 46565 and is currently estimated at $487,941, approximately $229 per square foot. 8490 W 050 N is a home located in LaGrange County with nearby schools including Meadowview Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Miller Eugene C and Miller Leona H
Bought by
Lehman Melvin D and Lehman Marla Ann
Current Estimated Value
$487,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$648,840
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$160,899
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.

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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.

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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.

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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.

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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
Lehman Melvin D $700,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehman Melvin D $665,000
Source: Public Records

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 $1,948 $367,800 $48,800 $319,000
2023 $2,115 $344,600 $47,900 $296,700
2022 $2,027 $314,600 $41,200 $273,400
2021 $1,900 $283,400 $38,800 $244,600
2020 $1,922 $283,700 $37,800 $245,900
2019 $1,899 $278,500 $38,600 $239,900
2018 $1,256 $216,900 $38,300 $178,600
2017 $1,574 $236,700 $73,200 $163,500
2016 $1,396 $229,700 $47,400 $182,300
2014 $1,187 $198,900 $42,200 $156,700
2013 $1,187 $200,500 $42,200 $158,300
Source: Public Records

Map

Indiana LaGrange County Shipshewana 46565

8490 W 050 N, Shipshewana, IN

This home is located at 8490 W 050 N, Shipshewana, IN 46565 and is currently estimated at $487,941, approximately $229 per square foot. 8490 W 050 N is a home located in LaGrange County with nearby schools including Meadowview Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

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