NOT LISTED FOR SALE

8552 E Asbury Ln North Webster, IN 46555

Estimated Value: $122,000 - $142,000

1 Bed
1 Bath
590 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $100,000 $169 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $758/month

34 Days on Market

Highlights

  • Public Beach
  • Beamed Ceilings
  • 1-Story Property
  • Cathedral Ceiling
  • Picket Fence

About This Home

As of October 2021

Enjoy the simple life in this charming cabin. A perfect writer’s refuge, artist’s retreat, fisherman’s haven, bird watcher’s sanctuary. The possibilities are numerous. Loaded with rustic charm, beautiful vaulted ceilings and an inclosed loft that can be used as a sleeping area, office or library. This simple home can be enjoyed in all seasons and with low utility costs. Newer windows and siding and 4 inch well. Within walking distance to the public access points and beach to enjoy Lake Webster. You may also contact Epworth Forest Administration Committee (EFAC) to get on the waiting list for a pier space. Lake Webster is truly a gem – more than large enough for skiing, tubing, boating and fishing. 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: 08/13/2021

Last Buyer's Agent

Warren Barnes

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123

Year Built

  • Built in 1953

Lot Details

  • 2,831 Sq Ft Lot
  • Lot Dimensions are 39x73
  • Public Beach
  • Picket Fence

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-08-11-100-253.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$123

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Age: 68
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 5-41-18 SE 1/2 LOT 27 BLK J EPWORTH FOREST
  • Parcel Number ID: 43-08-11-100-253.000-023
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceilings-Beamed
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.1
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 590
  • Total Finished Sq Ft: 590
  • Above Grade Finished Sq Ft: 590
  • Price Per Sq Ft: 169.49
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 20x10, On Level: Main
  • Kitchen: Dimensions: 10x6, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Loft: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Fence: Picket
  • Water Features: Public Beach

Utilities

  • Cooling: Window
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Dimensions: 39x73
  • Estimated Lot Sq Ft: 2831
  • Estimated Lot Size Acres: 0.065
  • Lot Number: 27

Tax Info

  • Annual Taxes: 123

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 12, 2021
Sold by
Dippon Charles W
Bought by
Mosure John R
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Warren Barnes
North Eastern Group Realty
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%
Current Estimated Value
$135,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,185
Avg. Annual Appreciation
9.02%
Original Mortgage
$80,000
Outstanding Balance
$73,739
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,345

Purchase Details

Closed on
Mar 30, 2016
Sold by
Steffen Fred H and Steffen Kristine E
Bought by
Dipponn Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,125
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2014
Sold by
Ruckman Family Limited Partnership
Bought by
Steffen Fred H and Steffen Kristin E

Purchase Details

Closed on
Jun 21, 2005
Sold by
Scarberry G Todd and Scarberry Melissa A
Bought by
Ruckman George R and Ruckman Tracey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,856
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Mosure John R -- Metropolitan Title Of In Llc
Mosure John R -- Metropolitan Title Of In Llc
Dipponn Charles W -- None Available
Steffen Fred H -- None Available
Ruckman George R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosure John R $80,000
Closed Mosure John R $80,000
Previous Owner Dipponn Charles W $59,125
Previous Owner Ruckman George R $36,856
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $100,000 +0.1% $169 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $99,900 -4.8% $169 / Sq Ft
09/02/2021 09/02/21 Price Changed $104,900 -4.5% $178 / Sq Ft
08/13/2021 08/13/21 For Sale $109,900 -- $186 / 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 $212 $82,600 $17,400 $65,200
2023 $192 $79,400 $17,400 $62,000
2022 $169 $75,300 $17,400 $57,900
2021 $133 $60,500 $17,400 $43,100
2020 $123 $58,500 $17,400 $41,100
2019 $119 $57,600 $17,400 $40,200
2018 $97 $52,800 $13,000 $39,800
2017 $95 $51,100 $13,000 $38,100
2016 $66 $43,000 $12,200 $30,800
2014 $362 $41,300 $12,200 $29,100
2013 $362 $40,700 $12,200 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202133336

Indiana Regional MLS

APN: 43-08-11-100-253.000-023