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5488 E Shae Lake Dr, Mooresville, IN, 46158

$425,000

Home List Price

$5,047*

Closing Credit

3 Bedrooms
2 Full Baths
1,713 SqFt
$248/SqFt
House

Location

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5488 E Shae Lake Dr, Mooresville$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 2023
HeatingForced Air
CoolingOther
MLS #21906601
Lot Size0.14 Acres
StatusActive

About 5488 E Shae Lake Dr

Welcome to low to no maintenance living. You will love living in Lakeside Commons, where every detail exudes comfort and charm. Nestled in an established community, our condominium-style residences boast timeless all-brick construction, showcasing the finest in custom craftsmanship. Discover the perfect blend of luxury and comfort in our spacious 2-3 bedroom homes, each designed with meticulous attention to detail. Custom amenities include 3' doors, Pella Pro-line windows, luxury vinyl flooring, upscale lighting fixtures and so much more. With bonus rooms and 3 Car garages options available. There's ample space to personalize and accommodate your unique lifestyle needs. Sidewalk-lined streets invite leisurely strolls, while two serene stocked ponds offer picturesque views and a serene escape from the hustle and bustle of everyday life. Plenty of space for outdoor activities. But the amenities don't stop there. Residents enjoy exclusive access to our stunning clubhouse, complete with a full kitchen, exercise room, and more. Whether you're hosting a gathering with friends or enjoying a peaceful workout, our clubhouse provides the perfect setting for every occasion. Invite friends and family or enjoy it solo. Experience the pinnacle of living in this Convenient and Comfortable neighborhood. Schedule your tour today and discover the unparalleled charm and sophistication that awaits you. This home is ready for your Immediate Possession.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, TraditonalAmerican
  • Year Built: 2023
  • Living Area: 1,713 SqFt

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: dcox@callcarpenter.com
  • Listing Agent: Debbie Cox

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Other
  • Basement: No
  • Interior: Attic Access, Raised Ceiling(s), Handicap Accessible Interior, Screens Complete, Walk-in Closet(s), Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Carriage/Guest House, Clubhouse

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

Other

Directions Information:

  • Directions: SR 67 TO HADLEY RD. APPROX 2 MILES FROM ST. FRANCIS HOSPITAL ON NORTH SIDE OF HADLEY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $248/SqFt

HOA Fees:

  • Amount: $165
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mooresville, IN.

Med. Sold Price

$295K

Med. Price/SqFt

$171

Avg. Days On Market

22

# of Sold Homes

24

5488 E Shae Lake Dr vs Mooresville

644 DAYS ON ROCKET

+622 Days

$425,000

+$130K More

$248/SqFt

+$76 More

KEY TAKEAWAY

This property is $130K more than the Median Sold Price and $76/SqFt more than other homes in Mooresville, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21906601

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: dcox@callcarpenter.com
  • Listing Agent: Debbie Cox

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5$200
2019$5$200
2017$5$300

History based on county public records data.

Payment Calculator

$2,354

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-971324
4
/10
  • Neil Armstrong Elementary School

  • 1000 Rd 144

  • 1.73 miles

  • Public District Grades KG-6

school-card-donut-971325
6
/10
  • North Madison Elementary School

  • 7456 E Hadley Rd

  • 2.08 miles

  • Public District Grades KG-6

school-card-donut-971326
6
/10
  • Northwood Elementary School

  • 630 N Indiana St

  • 2.63 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,689. The most common annual income of people living in Mooresville, IN is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5488 E Shae Lake Dr

What is the listing price of this property?

The listing price of 5488 E Shae Lake Dr property is $425,000.

What type of property is this?

The property 5488 E Shae Lake Dr is a house located in Mooresville, Indiana, 46158.

Is this property for sale now?

Active Listing: 5488 E Shae Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5488 E Shae Lake Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5488 E Shae Lake Dr is 1,713 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5488 E Shae Lake Dr is 2023.

Rocket HomesIndianaMorgan CountyMooresville461585488 E Shae Lake Dr

This home is located at 5488 E Shae Lake Dr in Mooresville, IN and zip code 46158. This 1,713 square foot home, which was built in 2023, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 18, 2023 and is currently priced at $425,000.

While more than 4 listings in Mooresville, IN in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 14 were sold below. The number of homes for sale in Mooresville, IN decreased by 6.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 22 days, the median list price was $295,000.

From Rocket Homes Real Estate and based on county public records data.

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