$1,950,000 Price Analysis 87 E Long Lake RdValparaiso, IN 46383 6 bed 7 bath 5,976 SqFt ($326/SqFt) 1.65 acre lot. Built 1910 Listed 2024-07-08, Taxes $4,865 | Ⓧ USDA Ineligible due to price & location near Valparaiso |
This 6 bedroom, 6 1/2 bath unique estate property d ates back to the Prohibition Era when it was a 10-room hotel accessed by a hand-pulled ferry across Long Lake to bring guests to the (then) island resort. Today this enchanted property has been fully updated with new electrical, plumbing, HVAC and high-end finishes. The pine floors have been restored to original condition. The under-house garage has been converted into a bunk house that sleeps 10. The wrap-around, all windows 3-season porch has been converted to a 600 square foot year-round dining/living spce. The incredible lake view includes 150+ feet of beachfront and a dock for your pontoon boat to fully enjoy 65 acre Long Lake and adjacent Canada Lake. There are two master suites with completely redesigned bathrooms and walk-in closets. One master suite includes a steam shower and pedestal tub. The guest suite is designed to accommodate a full kitchen and stackable washer/dryer. Professionally designed gardens and lush landscape also include multiple seating areas, hot tub and a new 750 square foot brick paver patio and pergola for group entertaining. Lake-drawn irrigation supports daily watering to maintain sculptured gardens. Koi pond with waterfall, chicken coop and honey bees round out this magical property.This residential property is uniquely zoned commercial from its days as a hotel. With sleeping space to accommodate 20+ and driveway parking for 18 cars, this property is well suited to become an Airbnb and event venue rental. A wedding event for 125 guests was recently hosted here!
Truly a one of a kind historic property that is rarely available on the real estate market. This property is being sold as is.
Presented by Susie Jaskowiak at
@properties.
Property MLS #806513 from NIRA
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $306,300 + $52,900 $359,200 | $4,865 |
2021 | $283,200 + $52,900 $336,100 | $4,377 |
2020 | $272,700 + $43,500 $316,200 | $4,272 |
2019 | $235,700 + $43,500 $279,200 | $3,905 |
2018 | $223,000 + $43,500 $266,500 | $3,681 |
2017 | $198,200 + $52,300 $250,500 | $2,362 |
2017 | $228,800 + $43,500 $272,300 | $2,362 |
2016 | $190,000 + $50,100 $240,100 | $4,104 |
2015 | $185,400 + $49,000 $234,400 | $3,995 |
2013 | $174,700 + $50,100 $224,800 | $3,873 |
2012 | $180,400 + $51,900 $232,300 | $4,046 |
2011 | $176,000 + $100,100 $276,100 | $4,047 |
2010 | $170,800 + $97,200 $268,000 | $3,832 |
2006 | $164,400 + $50,700 $215,100 | $3,235 |
2006 | $170,800 + $97,200 $268,000 | $3,235 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.