5254 W 500 N, La Porte, IN 46350 (MLS# 501034)

5254 W 500 N, La Porte, IN 46350

$850,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 4,528 Lot Size (sq. ft.): 1,042,391 Status: Closed

Current Price: $850,000 List Date: 9/17/2021 Last Modified: 2/24/2024

Overview

Description

Private 24 acre compound with 5 fully stocked ponds, covered bridge, sand volleyball court, numerous outbuildings, and 4,500 finished square foot living space! Currently operating as an extremely successful vacation rental, with potential to continue with this turn key opportunity. Featuring 5 bedrooms and 3 full bathrooms, 2 kitchens, sauna, hot tub, and incredible property views from every window! The outdoor space surpasses any that you can imagine with natural prairie, expansive lawns, a swimming pond, park like setting pavilion, fire pits, original waterfront log cabin, and so much more. Weather it is inside or out, you can't find a better place to unwind or entertain. Book a showing today (for at least an hour and a half!)

Listing Details MLS# 501034

General Property Information

New Construction YN: No
Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Rooms Total: 12
Above Grade Finished Area: 2328
Below Grade Finished Area: 2200
Living Area: 4528
Living Area Source: Assessor
Year Built: 1974
Garage YN: Yes
Garage Spaces: 4
Lot Size Acres: 23.93
Lot Size Square Feet: 1042391
Lot Size Source: Assessor
Lot Size Dimensions: Irregular
Association YN: No
Waterfront YN: Yes
Basement YN: No
Fireplace YN: Yes
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Appliances: Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Hillside Ranch Construction Materials: Brick; Cedar Cooling: Central Air Exterior Features: Balcony; Dock; Storage Fireplace Features: Great Room; Living Room; Lower Level Flooring: Luxury Vinyl; Tile Foundation Details: Slab Frontage Type: Lakefront; Waterfront Heating: Forced Air; Natural Gas Interior Features: Cathedral Ceiling(s); In-Law Floorplan; Primary Downstairs; Sauna; Vaulted Ceiling(s); Wet Bar; Whirlpool Tub Laundry Features: Main Level Listing Terms: Cash; Conventional Lot Features: Horses Allowed; Lake On Lot; Landscaped; Level; Open Lot; Pond On Lot; Other Other Equipment: Intercom Other Structures: Barn(s); Shed(s); Storage Parking Features: Detached; Off Street Patio And Porch Features: Deck; Patio; Porch Possession: Close Of Escrow Sewer: Septic Tank Utilities: Cable Available View: Lake Water Source: Well Waterfront Features: Lake Front; Lake Privileges Room Types: Bathroom; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bonus Room; Dining Room; Kitchen; Living Room; Other Room; Primary Bedroom

Contract Information

Original List Price: 1149000
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant

Location Tax and Legal

Street Number: 5254
Street Direction Prefix: W
Street Name: 500
Street Direction Suffix: N
County: La Porte
State: IN
Postal Code: 46350
Subdivision Name: Unincorporated

Remarks and Miscellaneous

Public Remarks: Private 24 acre compound with 5 fully stocked ponds, covered bridge, sand volleyball court, numerous outbuildings, and 4,500 finished square foot living space! Currently operating as an extremely successful vacation rental, with potential to continue with this turn key opportunity. Featuring 5 bedrooms and 3 full bathrooms, 2 kitchens, sauna, hot tub, and incredible property views from every window! The outdoor space surpasses any that you can imagine with natural prairie, expansive lawns, a swimming pond, park like setting pavilion, fire pits, original waterfront log cabin, and so much more. Weather it is inside or out, you can't find a better place to unwind or entertain. Book a showing today (for at least an hour and a half!)

Status Change Information

Major Change Timestamp: 2024-02-17T20:34:12Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-02-17T20:34:12Z
Status Change Timestamp: 2022-03-14
Offer Acceptance Date: 2022-01-31
Close Date: 2022-03-14
Close Price: 850000
Concessions: No
Buyer Financing: Conventional

More Information

Exemption Information

Exemption YN: Y

Fireplace Features

Fireplaces Total: 2
Great Room: Yes
Living Room: Yes
Lower Level: Yes

Square Footage Information

Main Level Finished SqFt: 2328
Lower Level Finished SqFt: 2200
Upper Level Finished SqFt: 0
Basement Level Finished SqFt: 0

Showing Requirements

Showing Instructions: Use ShowingTime

Historical Information

Public Historical Remarks: Unfinished SF: 128, Annual Maint Incl: None (Assessor), Interior Features: Common Rec Room,Finished Laundry Rm,Formal Dining Room,Main Bedroom Bath,Main Floor Bathroom,Sun Room, Garage Description: Side Drive, Bathroom Level: Lower, Bathroom Description/Room Remarks: Full, Bathroom 2 Level: Main, Bathroom 2 Description/Room Remarks: Full, Bathroom 3 Level: Main, Bathroom 3 Description/Room Remarks: Full

Room Types

Bathroom Level: L
Bedroom 2 Level: M
Bedroom 3 Level: M
Bedroom 4 Level: L
Bedroom 5 Level: L
Bonus Room Level: L
Kitchen Level: M
Living Room Level: M
Other Room Level: L
Primary Bedroom Level: M
Bathroom: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Bedroom 5: Yes
Bonus Room: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Other Room: Yes
Primary Bedroom: Yes

Location, Tax, and Legal

Postal Code +4: 7433
Tax Annual Amount: 6592
Tax Year: 2020
Tax Assessed Value: 0
Tax Legal Description: Legal Description: 04-06-07-201-005 PT NE 1/4 NW1/4 S7 T37R3 23.93 AC
Parcel Number: 460607201005000042
Township: Center
Directions: E Michigan Blvd/Hwy 35 to N 525 W, right on W 500 N, immediate left to property over covered bridge to second house (white)

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Hillside Ranch: Yes

Construction Materials

Brick: Yes
Cedar: Yes

Cooling

Central Air: Yes

Exterior Features

Balcony: Yes
Dock: Yes
Storage: Yes

Flooring

Luxury Vinyl: Yes
Tile: Yes

Foundation Details

Slab: Yes

Frontage Type

Lakefront: Yes
Waterfront: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Cathedral Ceiling(s): Yes
In-Law Floorplan: Yes
Primary Downstairs: Yes
Sauna: Yes
Vaulted Ceiling(s): Yes
Wet Bar: Yes
Whirlpool Tub: Yes

Laundry Features

Main Level: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

Lock Box Serial Number: No

Lot Features

Horses Allowed: Yes
Lake On Lot: Yes
Landscaped: Yes
Level: Yes
Open Lot: Yes
Pond On Lot: Yes
Other: Yes

Other Equipment

Intercom: Yes

Other Structures

Barn(s): Yes
Shed(s): Yes
Storage: Yes

Parking Features

Detached: Yes
Off Street: Yes

Patio And Porch Features

Deck: Yes
Patio: Yes
Porch: Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Utilities

Cable Available: Yes

View

Lake: Yes

Water Source

Well: Yes

Waterfront Features

Lake Front: Yes
Lake Privileges: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Room Information

Room Name	Level	Length	Width	Remarks
Living Room	Main	27.00	21.00
Kitchen	Main	10.00	13.00
Bonus Room	Lower	26.00	16.00
Bonus Room	Main	22.00	10.00	Sun Room
Primary Bedroom	Main	14.00	15.00
Bedroom 2	Main	16.00	10.00
Bedroom 3	Main	10.00	13.00
Bedroom 4	Lower	19.00	12.00
Bedroom 5	Lower	19.00	12.00
Other	Lower	13.00	10.00
Other	Lower	10.00	12.00
Dining Room	Main	10.00	13.00	10.00 x 13.00

Listing Office: Coldwell Banker Real Estate Gr

Last Updated: February - 24 - 2024

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