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2697 E State Road 55, De Motte, IN 46310

$473,000

Last sold 03/02/2024 for $150K

13
bed
3
bath
4,480
Sqft ($33/Sqft)

House not for sale

About 2697 E State Road 55

Property type House

Year built 1897

HOA fee $0/month

Lot size 11.62 Acre

Movoto estimate

Parking 4 garage spaces

Property description

WOW - What an amazing piece of history & real estate here! Originally built as the Fogli hotel it was and still is a destination for nature and wildlife lovers today. Used as a single family home since the 20's the structure itself has an array of options you can exploit from a large single or extended family or even home as well as group or recreation lodge. Recent interests also expressed to use for BNB, local weekend getaway for hunters and fishing enthusiasts or club HQ - LOADS of options. Main level has a huge kitchen + rec area for get togethers, laundry, bath and an additional gathering room w/ frplc & another private suite. The upper level has a bath and 11 more rooms off the grand hallway with overlooking balcony. River front access, surrounded by private mote & ACRES of wildlife, wetlands & hunting galore. GIANT 3162sf Pole barn + loads of parking. CASH/20% CONV only since ins financing unlikely. Pending credi & down pymnt seller contract terms may be available. Ask an agent

Listed by

Listing Agent - John E. Schupp

Listing Office - SCHUPP Real Estate

Source: NIRA

MLS#462288 • last updated 2 years ago

Movoto checked NIRA for data 49 minutes ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	Two
Type	Residential
SubType	Single Family Residence
SqFt	4480
Status	Closed
MLS #	462288
Lot Size (Acres)	11.62
Lot Size (SqFt)	506167
Property Tax	1299
Year Built	1897
Property Condition	Fixer

Interior
Total # of Bathrooms	3
# of Full Baths	2
# of Half Baths	1
# Bedrooms	13
Total # of Rooms	17
Laundry	Main Level
Interior Features	Attic Stairway, Cathedral Ceiling(s), Country Kitchen, In-Law Floorplan, Primary Downstairs, Vaulted Ceiling(s)
Appliances	Built-In Gas Range, Oven, Refrigerator, Water Softener Owned
Fireplace	Primary Bedroom

Exterior
Parking Desc	Detached, Off Street
# Garage Spaces	4
Lot Dimensions	11.62
Lot Desc	Horses Allowed, Landscaped, Level, Open Lot, Other, Paved, Pond On Lot, Wooded
Patio/Porch	Covered, Patio, Porch

Amenities / Utilities
Water Source	Well
Security Features	Security System

Location
Waterfront	Creek, River Front, Stream
County	Newton
Subdivision	None
Directions	I65 South To Exit 250 / Rt 10 Go West On 10 To St Rd 55 North To Curves Nearing The Kankakee River And The Road Just Before Crossing Turn Left To Your First Driveway. Signage And FOGLI HOTEL Market Is Off St RD 55
APN	560233400003000000

Lot/ Land Details
Road Surface	Paved

$473K

Range: $122K-$823K

Last 30 days

Lower your payment with the loan terms that fit you.

Mar 2024
MLS # 462288
Mar 2, 2024 Sold
$150,000 (-20.6%)
Sep 5, 2019 Listed
$189,000

Year Property taxes Tax assessment
2025
$2,740 -8.0%

$346,300
2024
$2,977 +9.6%

$346,300 +19.54%
2023
$2,716 +96.3%

$289,700
2022
$1,383 +2.0%

$289,700 +44.71%
2021
$1,356 +2.0%

$200,200 +15.92%
2020
$1,329 +1.4%

$172,700 +4.04%
2019
$1,311 -4.8%

$166,000 -0.24%
2018
$1,377 +6.0%

$166,400 -1.94%
2017
$1,299 +18.1%

$169,700 -10.68%
2016
$1,100 +2.9%

$190,000
2012
$1,069

—

2697 E State Road 55
$150K
—
46310
$327K -3% y/y
De Motte
$328K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
12598 N State Road 55, Thayer, IN 46381	$260,000	2/1	2,392	0.17
12285 N State Road 55, Demotte, IN 46310	$838,000	4/2	4,782	0.19
23609 Shelby Rd, Lowell, IN 46356	$127,000	3/1	866	0.23
929 Monon Rd, Lowell, IN 46356	$158,000	2/1	900	0.31
924 Monon Rd, Shelby, IN 46377	$16,200	—/—	—	0.32
933 Appr Monon Rd, Lowell, IN 46356	$8,300	—/—	—	0.32
919 Monon Rd, Shelby, IN 46377	$105,000	2/1	848	0.33
920 Monon Rd, Lowell, IN 46356	$196,000	3/1	330	0.33

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.