$72,500
SOLD MAR 19, 2025

10 Ems R4e Ln Pierceton, IN 46562

2 Beds
1 Bath
736 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

3% Above List Price

22 Days on Market

Highlights

  • Lake Property
  • 1-Story Property
  • Vinyl Flooring
  • Traditional Architecture
  • Ceiling Fan

About This Home

As of March 2025

2 Bedroom Lake Cottage just off of Ridinger Lake selling via Online Only Auction on Tuesday, February 25, 2025 -- Bidding begins closing out at 6 pm! Charming 2-bedroom, 1-bath lake cottage just off the serene Ridinger Lake. This delightful home features an open kitchen and dining room which opens to the living room featuring lots of natural light. The cottage is designed for relaxation and enjoyment, with easy access to the lake for all your recreational activities. Additionally, an 8x12 shed provides ample storage for your outdoor gear and lake essentials. New paint throughout and a new heating/cooling system. Pier rental is available for $20 per year. Whether you're looking for a peaceful retreat or a fun-filled summer escape, this cottage offers the ideal blend of comfort and convenience in a picturesque setting. Don't miss your chance to own this slice of lakeside paradise! Open House: Tuesday, February 18th 5:30-6pm

Last Agent to Sell the Property

Chad Metzger

Metzger Property Services, LLC Brokerage Email: chad@metzgerauction.com Listed on: 02/03/2025

Last Buyer's Agent

Chad Metzger

Metzger Property Services, LLC Brokerage Email: chad@metzgerauction.com Listed on: 02/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1948

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Rural Setting

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 736 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Lake Property

Schools

  • Pierceton Elementary School
  • Whitko Middle School
  • Whitko High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Riley Memorial Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-186.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Age: 77
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 9-2-78 LOT 75 RILEY MEMORIAL BEACH
  • Parcel Number ID: 43-12-01-400-186.000-029
  • Platted: Yes
  • Amenities: Ceiling Fan(s)
  • Location: Lake, Rural Subdivision
  • Sp Lp Percent: 100
  • Zoning Description: residential
  • Year Taxes Payable: 2024
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 736
  • Total Finished Sq Ft: 736
  • Above Grade Finished Sq Ft: 736
  • Price Per Sq Ft: 98.51
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 8x10, On Level: Main
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x12

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Wall Heater
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 5
  • Well Type: Private

Schools

  • School District: Whitko
  • Elementary School: Pierceton
  • Middle School: Whitko
  • High School: Whitko
  • Elementary School: Pierceton

Lot Info

  • Lot Description: 0-2.9999, Lake
  • Lot Dimensions: 50X110
  • Estimated Lot Sq Ft: 5500
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 75

Tax Info

  • Annual Taxes: 888.2

MLS Schools

  • High School: Whitko
  • Middle School: Whitko
  • School District: Whitko

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 19, 2025
Sold by
Rymans Real Estate Llc
Bought by
Haffner Donald G
Seller's Agent
Chad Metzger
Metzger Property Services, LLC
Buyer's Agent
Chad Metzger
Metzger Property Services, LLC
List Price
$70,600
Sold Price
$72,500
Premium/Discount to List
$1,900
2.69%
Views
42
Current Estimated Value
$79,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,725
Avg. Annual Appreciation
37.27%
Original Mortgage
$58,000
Outstanding Balance
$57,602
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$21,623

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 29, 2021
Sold by
Shockney Stephen D and Shockney Janet R
Bought by
Rymans Real Estate Llc
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$70,000
Sold Price
$45,000
Premium/Discount to List
-$25,000
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $72,500 None Listed On Document
Warranty Deed $45,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $72,500 +2.7% $99 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $70,600 +56.9% $96 / Sq Ft
07/29/2021 07/29/21 Sold $45,000 -35.7% $61 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $70,000 -- $95 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $940 $70,600 $8,900 $61,700
2023 $883 $64,500 $8,200 $56,300
2022 $691 $53,500 $7,200 $46,300
2021 $668 $45,600 $7,200 $38,400
2020 $680 $45,200 $6,000 $39,200
2019 $675 $43,200 $5,800 $37,400
2018 $664 $41,000 $5,800 $35,200
2017 $632 $39,500 $5,800 $33,700
2016 $619 $38,600 $5,800 $32,800
2014 $579 $34,600 $5,800 $28,800
2013 $579 $33,500 $5,800 $27,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202503423

Indiana Regional MLS

APN: 43-12-01-400-186.000-029