NOT LISTED FOR SALE

8978 E Backwater Rd North Webster, IN 46555

Estimated Value: $238,000 - $364,000

3 Beds
2 Baths
1,520 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $335,000 $220 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,807/month

71 Days on Market

Highlights

  • 15 Feet of Waterfront
  • Open Floorplan
  • Ranch Style House
  • Pier or Dock
  • Lake, Pond or Stream
  • Backs to Open Ground

About This Home

As of November 2022

WINNER WINNER CHICKEN DINNER! You will feel like you won the lottery when you enter into this fabulous 3 bedroom, 2 bath waterfront beauty situated on a 744 acre ALL SPORTS WEBSTER LAKE! A perfect opportunity for an Airbnb too! Completely redone from the outside in, this home feels like Chip and Joanna Gaines were in town! From the beamed ceilings to the ship lap, and the barn wood siding, there is nothing to do here but move in. Two family room areas, gorgeous custom kitchen with large dining area, breakfast bar, quartz counter tops, tons of storage, prep space and an additional custom pantry with more storage and counter space for those evening meals at the lake! Go canoeing in your dreams with the bunk room that sleeps 6! 3rd bedroom that overlooks the lake could also double has addtional living space, you choose! Fabulous back deck where you can gaze at the stars or throw in your fishing line to try and catch a fish from this lake that draws people from all over the state for its Muski,largemouth bass, perch crappie, and sunfish! Home has a private 4 inch well, on community/city septic, new furnace and air conditioning new windows, new roof, newer water heater, almost everything you see, or touch has been re-done! PLUS, a 2-car detached garage and additional outside parking. Garage would also make a great game/arcade room for the adults or kids! MOTIVATED SELLER! Dreams do come true!! Welcome Home!

Last Agent to Sell the Property

Julie Thatcher

Coldwell Banker Real Estate Group Listed on: 08/02/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Sebina Husidic

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • 15 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,520 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Entrance Foyer
  • Laminate Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

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

Utilities

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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-14-100-500.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1961
  • Age: 61
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 5-53-69 Se Cor SE Ne 14-33-7 .06A and TR SE NE 40' x 130' 14-33-7 .12A
  • Parcel Number ID: 43-08-14-100-500.000-023
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceilings-Beamed, Countertops-Stone, Deck Open, Deck on Waterfront, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Open Floor Plan, Wiring-Smart Home, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Custom Cabinetry
  • Location: City/Town/Suburb
  • Parcel Id2: 43-08-14-100-500.000-023
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1520
  • Total Finished Sq Ft: 1520
  • Above Grade Finished Sq Ft: 1520
  • Price Per Sq Ft: 220.39
  • Basement Foundation: Crawl
  • Flooring: Laminate
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 16x10, On Level: Main
  • Dining Room: Dimensions: 8x8, On Level: Main
  • Family Room: Dimensions: 22x13, On Level: Main
  • Bedroom 1: Dimensions: 19x16, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None
  • Channel Canal Frontage: 15
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 15
  • Water Name: Webster Lake

Garage/Parking

  • Driveway: Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40 x 130 x 20 and 12 x 48 28 x 70
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 1088

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
Aug 2, 2022
Closed on
Nov 10, 2022
Sold by
Heflin Austin and Heflin Daina
Bought by
Pettlt Christopher Lee
Seller's Agent
Julie Thatcher
Coldwell Banker Real Estate Group
Buyer's Agent
Sebina Husidic
Mike Thomas Assoc., Inc
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%
Views
79
Current Estimated Value
$309,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,043
Avg. Annual Appreciation
-4.04%
Original Mortgage
$323,819
Outstanding Balance
$315,582
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
-$17,002

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 26, 2021
Sold by
Malik Brian E and Malik Cynthia M
Bought by
Heflin Austin and Heflin Daina
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.43%
Original Mortgage
$140,600
Interest Rate
2.93%
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
Pettlt Christopher Lee -- Metropolitan Title
Heflin Austin $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettlt Christopher Lee $323,819
Previous Owner Heflin Austin $63,000
Previous Owner Heflin Austin $140,600
Previous Owner Malik Brian E $127,500
Previous Owner Malik Brian E $74,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $335,000 0.0% $220 / Sq Ft
10/09/2022 10/09/22 Price Changed $335,000 -4.3% $220 / Sq Ft
09/09/2022 09/09/22 Price Changed $350,000 -9.1% $230 / Sq Ft
08/02/2022 08/02/22 For Sale $385,000 +120.0% $253 / Sq Ft
07/26/2021 07/26/21 Sold $175,000 -12.1% $115 / Sq Ft
05/19/2021 05/19/21 For Sale $199,000 -- $131 / 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 $1,426 $280,600 $47,000 $233,600
2023 $1,353 $272,000 $44,700 $227,300
2022 $610 $137,800 $20,600 $117,200
2021 $1,185 $113,300 $17,500 $95,800
2020 $1,105 $110,500 $16,200 $94,300
2019 $1,088 $110,500 $16,200 $94,300
2018 $942 $104,600 $15,400 $89,200
2017 $903 $98,200 $15,400 $82,800
2016 $804 $101,000 $16,500 $84,500
2014 $818 $93,300 $16,500 $76,800
2013 $818 $99,800 $16,500 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202232152

Indiana Regional MLS

APN: 43-08-14-100-500.000-023