NOT LISTED FOR SALE

10018 Gerig Rd Leo, IN 46765

Estimated Value: $288,000 - $341,000

4 Beds
3 Baths
2,300 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $168,000 $73 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,882/month

62 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property
  • Cedarville Elementary School Rated A-
  • 8 Car Attached Garage
  • Central Air

About This Home

As of April 2016

Bid to buy this property right! 24 hour notice to show, inspections welcome, Broker participation welcome. Brokers must show and file broker participation agreement registering potential bidder/buyer. All bidder/buyers must sign and agree to the terms and conditions of the sale and utilize Indiana auction forms to be prepared by auction company. Home is in excellent condition with gas hot water heating and cent. air conditioning. Floor coverings are excellent with modern staggered kitchen cabinets. This home is a must see and the garage is a dream Tim Allen would be proud of! PRICE REFLECTS STARTING BID PRICE ONLY!

Last Listed By

William Loomis

Beachcomber Auction Group Inc Listed on: 01/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1966

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 140 x 159
  • Corner Lot
  • Level Lot

Parking

  • 8 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • River Crest Gardens / Rivercrest Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-03-28-227-002.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$905

Year Built

Built in 1966

Lot Details

0

Parking

8

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1966
  • Age: 50
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: RIVERCREST GARDENS SEC A LOT 12 & E 42 LOT 13 |
  • Parcel Number ID: 02-03-28-227-002.000-082
  • Platted: Yes
  • Inside City Limits: Yes
  • Number Below Grade Bedrooms: 1
  • Section Number: A
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2015
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 2400
  • Total Finished Sq Ft: 2300
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Finished Sq Ft: 1100
  • Below Grade Sq Ft: 100
  • Price Per Sq Ft: 140
  • Basement: Yes
  • Basement Foundation: Daylight
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 22x15, On Level: Lower
  • Recreation Room: Dimensions: 19x11, On Level: Lower
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 14x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1200

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None, Dimensions: 10x8

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 8
  • Garage Size: Dimensions: 29x39
  • Garage Sq Ft: 1131
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx8, On Level: 8
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Cedarville

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 140 x 159
  • Estimated Lot Sq Ft: 22260
  • Estimated Lot Size Acres: 0.51
  • Lot Number: 12

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 905
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Valentine Christina Jo
Bought by
Valentine Christina Jo
Total Days on Market
62
Current Estimated Value
$307,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Outstanding Balance
$131,592
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$185,051

Purchase Details

Listed on
Jan 5, 2016
Closed on
Apr 21, 2016
Sold by
Lantz Jason Timothy
Bought by
Reynolds Christina
Seller's Agent
William Loomis
Beachcomber Auction Group Inc
Buyer's Agent
William Loomis
Beachcomber Auction Group Inc
List Price
$149,000
Sold Price
$168,000
Premium/Discount to List
$19,000
12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$153,271
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2013
Closed on
Apr 26, 2013
Sold by
Elder Kenneth M and Elder Rosemary R
Bought by
Lantz Jason Timothy
Seller's Agent
Tamra Stier
Rockfield Realty Group
Buyer's Agent
Teri Davis-Foster
Mike Thomas Associates, Inc.
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$162,011
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2006
Sold by
Stuckey Spence M and Stuckey Jenean
Bought by
Elder Kenneth M and Elder Rosemary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2002
Sold by
Stuckey Spence M
Bought by
Stuckey Spence M and Stuckey Jenean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.93%

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Valentine Christina Jo -- Meridian Title
Reynolds Christina -- None Available
Lantz Jason Timothy -- Lawyers Title
Elder Kenneth M -- None Available
Stuckey Spence M -- Title Express
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine Christina Jo $145,500
Closed Valentine Christina Jo $145,500
Closed Valentine Christina Jo $145,500
Closed Reynolds Christina $153,271
Previous Owner Lantz Jason Timothy $162,011
Previous Owner Elder Kenneth M $85,000
Previous Owner Elder Kenneth M $125,000
Previous Owner Stuckey Spence M $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2016 04/21/16 Sold $168,000 +12.8% $73 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $149,000 -9.7% $65 / Sq Ft
04/26/2013 04/26/13 Sold $165,000 +0.1% $72 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $164,900 -- $72 / 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 $2,118 $245,600 $31,000 $214,600
2022 $1,681 $203,000 $31,000 $172,000
2021 $1,383 $179,700 $31,000 $148,700
2020 $1,391 $172,600 $31,000 $141,600
2019 $1,312 $169,000 $31,000 $138,000
2018 $1,301 $162,800 $31,000 $131,800
2017 $1,099 $142,100 $31,000 $111,100
2016 $1,183 $149,200 $31,000 $118,200
2014 $1,083 $141,500 $25,800 $115,700
2013 $869 $122,000 $25,800 $96,200
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201600384

Indiana Regional MLS

APN: 02-03-28-227-002.000-082