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$425,000 $13,000on 7/18/2023

5488 E Shae Lake Drive Mooresville, IN  46158

  • 3 Beds
  • 2 Baths
  • 1,713 sq. Ft

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Property Description for 5488 E Shae Lake Drive Mooresville, IN 46158

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.
QuickBuy option for home selling

Address:5488 E Shae Lake Drive Mooresville IN 46158
Status:Active
on site: 663 days
Price:$425,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,713
Year Built:2023
Lot Size:0.14
County: Morgan
Township: Madison
MLS #:21906601
Property Type:Single Family Residence

Lot Dimensions:6142
Lot Features:Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:SR 67 TO HADLEY RD. APPROX 2 MILES FROM ST. FRANCIS HOSPITAL ON NORTH SIDE OF HADLEY.
Main Level Sq. Ft. :1,713
Total Sq. Ft. :1,713

Loan Price
$2,395
Price And Interest $2,217/month
Property Tax $1/month
MTG INS $0/month
HOME INS $177/month
Price
$425,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1/month
Home Owner Insurance
$2,124 / year
HOA Dues
$165 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
07/18/23 $412,000 $425,000 3.16%
02/23/23 $405,000 $412,000 1.73%

RoomSizeLevel
Primary Bedroom 17x12 Main
Kitchen 12x12 Main
Great Room 15x20 Main
Bedroom 2 14x10 Main
Dining Room 12x09 Main
Bedroom 3 14x10 Main

Semi-Annual Property Tax:$008
Tax Year:2023
Mandatory HOA Fee:$165
HOA Fee Paid:Monthly

Area: 5504 - Morgan - Madison
Subdivision: Lakeside Commons
Zip Code:46158

High School:Mooresville High School
Middle School:Paul Hadley Middle School

Total Sq. Ft.:1,713
Accessibility Feature:Hallway - 36 Inch Wide,Accessible Doors
Interior Features:Attic Access, Raised Ceiling(s), Handicap Accessible Interior, Screens Complete, Walk-in Closet(s), Windows Vinyl
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Kitchen, Separate Room
Appliances:Dishwasher, Disposal, Other
Equipment:Smoke Alarm
Exterior Features:Carriage/Guest House, Clubhouse
Exterior Type:Brick
Cool:Other
Heat:Forced Air
Water Heater:Dishwasher, Disposal, Other
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Debbie Cox with Carpenter, REALTORS® from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/16/2023 12:00 AM. 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.





Mooresville Market Report

120
Avg. DOM
$171.38
Avg. $ / Sq.Ft.
$ 345,000
Med. List Price

The house prices in Mooresville are indeed dropping at the moment. There has been a decrease in price of $44,986.68. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Mooresville are going Down. The average house price is $350,000.00 and the average price per square feet is $172.13 per square feet. At the moment, the amount of homes listed is exactly 229 houses, with 51 with active status, 30 with pending status and 148 sold in Mooresville .

The most popular place to buy a home in Mooresville is 5503 - Morgan - Brown. 5503 - Morgan - Brown is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Mooresville .

The average amount of property taxes you would have to pay for a home in Mooresville is $1,657.72. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Mooresville are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Mooresville was 1609 minutes ago.

At the moment we have 8 open houses that you can visit.

The cost of the most expensive home in Mooresville is $995,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Mooresville is $39,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Mooresville in year 1920 and the newest built house is in year 2025.

The average size of properties in Mooresville is 2320.51 sq.ft. , the biggest one being 6466 sq.ft. and the smaller being 596 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.