NOT LISTED FOR SALE

940 Lane 110 West Otter Lake Angola, IN 46703

Estimated Value: $397,000 - $518,704

4 Beds
3.5 Baths
4,086 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $285,000 $70 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,663/month

239 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Pier or Dock
  • Ranch Style House
  • Prairie Heights Senior High School Rated 9+
  • Lake, Pond or Stream
  • 2 Car Attached Garage

About This Home

As of August 2012

Fabulous 2724 sq.ft. custom built home with 120' of lake frontage with incredible sunsets and lakeviews from most rooms. 30 foot wall of windows provide a 180 degree view of crystal clear West Otter Lake. The beach area is sandy, clean and firm. A spacious kitchen has custom hickory cabinetry and ceramic tile floor. The great room has cathedral ceilings and a surround sound system. This home has lots of canned and recessed lighting. The walkout basement plan has separate living quarters with a kitchen, full bath, family room and bedroom and another room that could be a 5th bedroom - ideal for another family or family member. An incredible master -suite with an oversized glass block double shower and a huge walk-in closet. Yes, the bedroom has a great view of the lake too, Trayed ceiling and recessed lighting. Lower level has 10' ceilings. Large maintenance free composite deck and a concrete patio overlooks the lake. New in August 2011 - 32' Sunsetter power awnings.Kinetico WTR/SFT

Last Listed By

Dan Shumaker

Mike Thomas Associates Listed on: 11/02/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 120 x 166
  • 120 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Schools

  • Prairie Heights Elementary And Middle School
  • Prairie Heights High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 760529420103000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 7
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 13
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 005-02832-00 Pt. N1/2 Se1/4 Sec 29 80'x166' $ 005-2833-00 Pt E1/2 SE1/4 Sec 40'x 177' .51 A |
  • Parcel Number ID: 760529420103000005
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Deck Open, Disposal, Dryer Hook Up Electric, Garage Door Opener, Guest Quarters, Patio Open, Range/Oven Hook Up Elec
  • Section Number: 29
  • Sp Lp Percent: 93.47
  • State Id: 76-05-29-420-103.000-005
  • Year Taxes Payable: 2010/2011
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4086
  • Total Finished Sq Ft: 4086
  • Above Grade Finished Sq Ft: 2724
  • Below Grade Finished Sq Ft: 1362
  • Price Per Sq Ft: 104.63
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Living Great Room: Dimensions: 21x13, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 14x15, On Level: Lower
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: Y, Dimensions: 8x7, On Level: Lower
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Lower
  • Bedroom 3: Dimensions: 12x10, On Level: Lower
  • Bedroom 4: Dimensions: 12x12, On Level: Lower
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1362

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 120
  • Water Name: West Otter Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x28
  • Garage Sq Ft: 728
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Water Utilities: Well
  • Laundry: On Level: 9
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Prairie Heights Community
  • Elementary School: Prairie Heights
  • Middle School: Prairie Heights
  • High School: Prairie Heights
  • Elementary School: Prairie Heights

Lot Info

  • Lot Dimensions: 120 x 166
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51
  • Lot Number: 7

Tax Info

  • Annual Taxes: 2243.24

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Prairie Heights
  • Middle School: Prairie Heights
  • School District: Prairie Heights Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2011
Closed on
Aug 10, 2012
Sold by
Biberstine William L and Biberstine Renee R
Bought by
Judson Anthony J and Judson Beverly J
Seller's Agent
Dan Shumaker
Mike Thomas Associates
Buyer's Agent
NonMLS Member
Non-Member Office
List Price
$304,900
Sold Price
$285,000
Premium/Discount to List
-$19,900
-6.53%
Total Days on Market
239
Current Estimated Value
$449,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,176
Avg. Annual Appreciation
3.63%
Original Mortgage
$256,500
Outstanding Balance
$179,756
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$269,420

Purchase Details

Listed on
Nov 2, 2011
Closed on
Aug 9, 2012
Sold by
Biberstine William L and Biberstine Renee R
Bought by
Judson Anthony and Judson Beverly
Seller's Agent
Dan Shumaker
Mike Thomas Associates
Buyer's Agent
NonMLS Member
Non-Member Office
List Price
$304,900
Sold Price
$285,000
Premium/Discount to List
-$19,900
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$179,756
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$269,420

Purchase Details

Closed on
May 18, 2007
Sold by
Straw Arden L and Straw Marsha K
Bought by
Biberstine William L and Biberstine Renee R

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
Judson Anthony J $285,000 Metropolitan Title Of In Llc
Judson Anthony -- None Available
Biberstine William L $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Judson Anthony $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $285,000 -6.5% $70 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
11/02/2011 11/02/11 For Sale $304,900 -- $75 / 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 $2,078 $454,500 $130,400 $324,100
2023 $2,000 $443,000 $126,600 $316,400
2022 $2,266 $441,300 $123,000 $318,300
2021 $1,777 $337,300 $59,100 $278,200
2020 $1,663 $309,700 $53,800 $255,900
2019 $1,452 $275,600 $97,900 $177,700
2018 $1,500 $281,200 $108,400 $172,800
2017 $1,213 $280,500 $108,400 $172,100
2016 $1,181 $280,600 $108,400 $172,200
2014 $2,369 $280,900 $108,400 $172,500
2013 $2,369 $307,800 $132,200 $175,600
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 201112101

Indiana Regional MLS

APN: 76-05-29-420-103.000-005