NOT LISTED FOR SALE

9424 E Magnolia Ln Cromwell, IN 46732

Estimated Value: $277,000 - $316,000

3 Beds
3 Baths
2,848 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $218,000 $77 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,890/month

74 Days on Market

Highlights

  • Parking available for a boat
  • Waterfront
  • Ranch Style House
  • Primary Bedroom Suite
  • Lake, Pond or Stream
  • Whirlpool Bathtub

About This Home

As of February 2021

Welcome home to this spacious 3 bedroom, 3 bathroom property located on 2.5 lots just 1/4 mile from your Lake Wawasee access! The main floor offers two bedrooms, laundry, and a kitchen made for entertaining. Looking for storage space for your outdoor toys? Look no further than the oversized garage. Head downstairs for the ultimate entertaining space. Serve beverages at your wet bar while your friends and family lounge in the TV area or shoot pool. You have to see this space to appreciate the size! Access your basement through the home or through the garage with dual entries. Looking for that lake life without the lakefront price tag? This home features 2.5 boat lots, featuring 37.5' of space to put your boats and lake toys. Conveniently located just down the street from the home.

Last Agent to Sell the Property

Tony Pawlicki

ERA Crossroads Listed on: 11/30/2020

Last Buyer's Agent

Emily Kreager

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 2003

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 200'x125'
  • Waterfront
  • Rural Setting
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Carpet
  • Gas And Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Covered patio or porch

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 43-04-13-300-529.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$886

Year Built

Built in 2003

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2003
  • Age: 18
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 270B Enchanted Hills Sec 1 , Lot 269B Enchanted Hills Sec 1 ,NW 1/2 BOAT LOT 268 ENCHANTED HILLS SEC 1, LOTS 269 & 270 ENCHANTED HILLS SEC 1 ,    W 1/2 LOT 268 ENCHANTED HILLS SEC 1
  • Parcel Number ID: 43-04-13-300-529.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Cable Available, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Dryer Hook Up Gas/Elec, Garage Door Opener, Jet Tub, Kitchen Island, Porch Covered, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Twin Sink Vanity, Wet Bar, Tub/Shower Combination, Main Level Bedroom Suite
  • Cross Street: Enchanted Forest Lane
  • Grid: 50 - N.E. Kosc.
  • Location: Rural Subdivision
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 99.09
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2912
  • Total Finished Sq Ft: 2848
  • Above Grade Finished Sq Ft: 1456
  • Below Grade Finished Sq Ft: 1392
  • Below Grade Sq Ft: 64
  • Price Per Sq Ft: 149.73
  • Basement: Yes
  • Basement Foundation: Finished
  • Flooring: Carpet
  • Living Great Room: Dimensions: 24x13, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Family Room: Dimensions: 39x26, On Level: Basement
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1456

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 37.5
  • Lake Type: Ski Lake
  • Water Features: Boat Lot
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x28
  • Garage Sq Ft: 896
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Dish Network, Mediacom
  • Laundry: Dimensions: Mainx13, On Level: 6
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 275
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 200'x125'
  • Estimated Lot Sq Ft: 25265
  • Estimated Lot Size Acres: 0.58

Green Features

  • Energy Efficient: Water Heater

Tax Info

  • Annual Taxes: 886.32
  • Exemptions: Homestead

Multi Family

  • Water Access: Frontage Lot

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 19, 2021
Sold by
Bores Leona M and Robbins Leona M
Bought by
Martin Douglas
Seller's Agent
Tony Pawlicki
ERA Crossroads
Buyer's Agent
Emily Kreager
Coldwell Banker Real Estate Group
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%
Current Estimated Value
$301,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,892
Avg. Annual Appreciation
8.00%
Original Mortgage
$214,051
Outstanding Balance
$194,049
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$110,108

Purchase Details

Closed on
Jan 30, 2007
Sold by
Robbins Scot A and Robbins Leona M
Bought by
Robbins Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Martin Douglas -- None Available
Robbins Leona -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Douglas $214,051
Previous Owner Robbins Leona M $10,000
Previous Owner Robbins Leona M $126,500
Previous Owner Robbins Leona $5,000
Previous Owner Robbins Leona $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $218,000 -0.9% $77 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $220,000 -- $77 / 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 $2,225 $252,200 $40,400 $211,800
2023 $2,192 $243,800 $37,800 $206,000
2022 $1,954 $213,500 $26,400 $187,100
2021 $937 $205,600 $22,400 $183,200
2020 $786 $191,900 $19,900 $172,000
2019 $886 $192,100 $19,900 $172,200
2018 $809 $185,800 $19,900 $165,900
2017 $781 $178,200 $19,900 $158,300
2016 $676 $177,300 $19,900 $157,400
2014 $721 $173,400 $19,900 $153,500
2013 $721 $174,900 $19,600 $155,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202047403

Indiana Regional MLS

APN: 43-04-13-300-529.000-025