NOT LISTED FOR SALE

925 E Shady Banks Ln Milford, IN 46542

Estimated Value: $271,000 - $329,000

1 Bed
1 Bath
1,246 Sq Ft
$247/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $247,500 $199 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,766/month

45 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Lake, Pond or Stream
  • Wood Flooring
  • Boat Dock
  • Ranch Style House
  • Balcony

About This Home

As of February 2023

Don't miss out on your lakefront getaway! Beautiful views approximately 100 foot of frontage on Waubee Lake (Motor Boats welcome on this 187 acre no wake lake with great fishing, swimming, and Kayaking). This spacious one bedroom one bath could be easily transformed into a two bedroom as the room is available. Currently it has a large open concept with a view of lake from many angles. There is a great workshop 23 x 15 that could be converted into a garage. Nice size shed 12 x 12 for storage or, a second workshop. Large laundry and mud room that could also be use for storage or projects. Lakeside, you will find a Gazebo screened in area that is perfect for entertaining, a backyard dining room, or, gathering for family game night. One of the best lots on the lake for view, privacy, and a dead end road. Lot is .38 acres gives you the space you need for a perfect evening around your fire pit. The New Amana central air will be sure to keep you cool this summer! Make this one yours before it is gone!

Last Agent to Sell the Property

Larry Dietl

CRESSY & EVERETT REAL ESTATE Listed on: 12/10/2022

CRESSY & EVERETT REAL ESTATE

Last Buyer's Agent

Daniel Harstine

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 102x163.9
  • 99 Feet of Waterfront
  • Lake Front

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Double Pane Windows
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Basement

  • Michigan Basement
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Lake, Pond or Stream
  • Balcony

Schools

  • Milford Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

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

Community Details

  • Boat Dock
  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-03-21-100-020.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 73
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 27-81-3 LOT 7 & PT LOTS 6 & 8 SHADY BANKS
  • Parcel Number ID: 43-03-21-100-020.000-027
  • Platted: Yes
  • Amenities: Balcony, Dryer Hook Up Gas, Main Floor Laundry, Washer Hook-Up
  • Sp Lp Percent: 92.39
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1498
  • Total Finished Sq Ft: 1246
  • Above Grade Finished Sq Ft: 1246
  • Below Grade Sq Ft: 252
  • Price Per Sq Ft: 198.64
  • Basement: Yes
  • Basement Foundation: Crawl, Michigan Basement
  • Basement Material: Block, Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Living Great Room: Dimensions: 33x15
  • Kitchen: Dimensions: 10x16
  • Bedroom 1: Dimensions: 11x13, On Level: Main
  • Other Room 3: Dimensions: 9x13
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 252

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 99
  • Water Name: Waubee Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx13, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

  • School District: Wawasee
  • Elementary School: Milford
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: Milford

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 102X163.9
  • Estimated Lot Sq Ft: 16719
  • Estimated Lot Size Acres: 0.38
  • Lot Number: 768

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 921.52
  • Total Assessed Value: 195400
  • Exemptions: Homestead

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
Dec 10, 2022
Closed on
Feb 10, 2023
Sold by
Fecher Donald E
Bought by
Cone Frederick Lincoln
Seller's Agent
Larry Dietl
CRESSY & EVERETT REAL ESTATE
Buyer's Agent
Daniel Harstine
Integrity Real Estate
List Price
$267,999
Sold Price
$247,500
Premium/Discount to List
-$20,499
-7.65%
Views
59
Current Estimated Value
$307,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,144
Avg. Annual Appreciation
5.69%
Original Mortgage
$198,000
Outstanding Balance
$192,999
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$91,870

Purchase Details

Closed on
Feb 26, 2018
Sold by
Brumbaugh Gwendolyn G
Bought by
Fecher Donald E

Purchase Details

Closed on
Oct 2, 2015
Sold by
Angle Ruthann
Bought by
Fecher Donald E and Brumbaugh Gwendolyn G
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
Cone Frederick Lincoln $247,500 --
Fecher Donald E -- None Available
Fecher Donald E -- Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cone Frederick Lincoln $198,000
Previous Owner Fecher Donald E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $247,500 -7.6% $199 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/10/2022 12/10/22 Price Changed $267,900 0.0% $215 / Sq Ft
12/10/2022 12/10/22 For Sale $267,999 -- $215 / 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 $1,062 $285,200 $152,600 $132,600
2023 $823 $238,800 $122,400 $116,400
2022 $969 $208,200 $106,200 $102,000
2021 $922 $195,400 $107,300 $88,100
2020 $886 $183,200 $95,600 $87,600
2019 $839 $178,600 $95,600 $83,000
2018 $775 $174,400 $95,600 $78,800
2017 $725 $167,000 $95,600 $71,400
2016 $658 $164,200 $95,600 $68,600
2014 $645 $161,600 $97,300 $64,300
2013 $645 $158,600 $94,900 $63,700
Source: Public Records

Agents Affiliated with this Home

  • Larry Dietl

    Seller's Agent in 2023

    Larry Dietl

    CRESSY & EVERETT REAL ESTATE

    (574) 286-8934

    102 Total Sales

    Larry Dietl
    Section Image
  • Daniel Harstine

    Buyer's Agent in 2023

    Daniel Harstine

    Integrity Real Estate

    (574) 551-7644

    187 Total Sales

    Daniel Harstine
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202249271

Indiana Regional MLS

APN: 43-03-21-100-020.000-027

Indiana Kosciusko County Milford 46542

925 E Shady Banks Ln, Milford, IN

This home is located at 925 E Shady Banks Ln, Milford, IN 46542 since 10 December 2022 and is currently estimated at $307,644, approximately $246 per square foot. This property was built in 1950. 925 E Shady Banks Ln is a home located in Kosciusko County with nearby schools including Wawasee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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