NOT LISTED FOR SALE

10226 Garman Rd Leo, IN 46765

Estimated Value: $886,812 - $938,000

4 Beds
4 Baths
4,472 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $538,000 $120 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,492/month

21 Days on Market

Highlights

  • Horse Facilities
  • Private Beach
  • Waterfront
  • Cedarville Elementary School Rated A-
  • Primary Bedroom Suite
  • 14.91 Acre Lot

About This Home

As of December 2018

Remarkable property in Leo High School service area. Nearly 15 acres with home, stable, fenced area and pasture for horses as well as an additional outbuilding with 3 B/R guest quarters and shop. Grounds also have 2 stocked ponds with fountains. 4 Bedrooms with main floor master suite. The 4th B/R is dual purpose as B/R or office. There is a wonderful Two Story 600 SF Solarium with balconies opening to it from Bedrooms 2 and 4. The 15X20 Home Theatre (with furniture and equipment included) is an outstanding feature that the whole family will enjoy. The Great Room is open to the 2nd level with a floor to ceiling brick Fireplace. Both the Master Suite and Bedroom 4 (office) also have gas log fireplaces. The home features solid wood doors and solid wood custom cabinets (including laundry and butler's pantry). Stainless kitchen appliances are brand new. The home features build in storage areas throughout including cedar lined window seats in several rooms. The attached garage is spotless. Outbuilding No 1 features a large shop area, inside storage for all your toys and a 3 B/R, 2 Bath guest apartment with full kitchen, laundry hook ups and bath. The Stable is first class. It has hot and cold water, large floored hay mow, with 5 stalls and a 1/2 bath. Stalls are made of white oak and will last a life time. There is a large fenced riding area/pasture and additional field sufficient to produce your own supply of hay.

Last Agent to Sell the Property

John Eager

Eager Realty Group, Inc. Listed on: 10/15/2018

Last Buyer's Agent

Kenson Dhanie

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,244

Year Built

  • Built in 1996

Lot Details

  • 14.91 Acre Lot
  • Waterfront
  • Private Beach
  • Backs to Open Ground
  • Rural Setting
  • Wood Fence
  • Landscaped
  • Irregular Lot
  • Zoning described as Ag/Rural Residential Homesite

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Woodwork
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Workshop
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Walk-In Pantry
  • Kitchen Island
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Lake, Pond or Stream
  • Balcony

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Company Owned Well
  • Septic System

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 02-03-03-351-010.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,244

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1996
  • Age: 22
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Sw 1/4 Sw 1/4 EX S 270 Ft & Ex Trs Sec 3 |
  • Parcel Number ID: 02-03-03-351-010.000-042
  • Platted: Yes
  • Amenities: Attic Storage, Balcony, Built-In Bookcase, Built-In Home Theatre, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Disposal, Foyer Entry, Garage Door Opener, Guest Quarters, Kitchen Island, Landscaped, Natural Woodwork, Open Floor Plan, Pantry-Walk In, Six Panel Doors, Skylight(s), Twin Sink Vanity, Utility Sink, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry
  • Cross Street: Amstutz Road
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 93.57
  • Zoning Description: Ag/Rural Residential Homesite
  • Special Features: None

Interior Features

  • Total Sq Ft: 4472
  • Total Finished Sq Ft: 4472
  • Above Grade Finished Sq Ft: 4472
  • Price Per Sq Ft: 120.3
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 3
  • Fireplace: Living/Great Rm, 1st Bdrm, 4th Bdrm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 20x15, On Level: Main
  • Kitchen: Dimensions: 16x14, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Extra Room: Media Room, Dimensions: 20x15, On Level: Upper
  • Bedroom 1: Dimensions: 17x14, On Level: Main
  • Bedroom 2: Dimensions: 20x14, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 16x13, On Level: Upper
  • Other Room1: Solarium, Dimensions: 50x12, On Level: Main
  • Main Level Sq Ft: 2536
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Pole/Post Building, Dimensions: 60x57, 3420
  • Fence: Wood
  • Outbuilding2: Horse Facilities, Dimensions: 58x45, 2610
  • Water Features: Private Beach

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x24
  • Garage Sq Ft: 720
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Mainx7, On Level: 8
  • Water Type: Pond
  • Well Size: 5 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Horse Facilities

Schools

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

Lot Info

  • Lot Description: Irregular, 10-14.999, Pasture, Water View
  • Lot Dimensions: To Be Determined By Survey
  • Estimated Lot Sq Ft: 651178
  • Estimated Lot Size Acres: 14.91

Green Features

  • Energy Efficient: Appliances, Doors, HVAC, Insulation

Tax Info

  • Annual Taxes: 5244.32
  • Total Assessed Value: 477900
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 19, 2018
Sold by
Miller Kenneth R and Miller Therese M
Bought by
Runkle Katherine R and Runkle Rachelle
Seller's Agent
John Eager
Eager Realty Group, Inc.
Buyer's Agent
Kenson Dhanie
Mike Thomas Assoc., Inc
List Price
$582,500
Sold Price
$538,000
Premium/Discount to List
-$44,500
-7.64%
Current Estimated Value
$916,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,271
Avg. Annual Appreciation
7.31%
Original Mortgage
$430,400
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2013
Sold by
Miller Kenneth R and Miller Therese M
Bought by
Miller Edward D and Miller Lynn D

Purchase Details

Closed on
Jan 28, 2008
Sold by
Miller Kenneth R and Miller Therese M
Bought by
Bucketlist Llc
Source: Public Records

Range of Values:

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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
Runkle Katherine R -- Renaissance Title
Runkle Katherine R -- Renaissance Title
Miller Edward D -- None Available
Bucketlist Llc -- None Available
Bucketlist Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runkle Katherine R $430,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $538,000 -6.4% $120 / Sq Ft
11/07/2018 11/07/18 Price Changed $575,000 -1.3% $129 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $582,500 -- $130 / 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 $7,609 $766,400 $264,100 $502,300
2023 $7,597 $709,500 $268,800 $440,700
2022 $6,359 $612,200 $268,800 $343,400
2021 $6,612 $590,000 $268,800 $321,200
2020 $6,544 $575,400 $246,500 $328,900
2019 $5,959 $541,500 $246,500 $295,000
2018 $4,868 $461,000 $164,400 $296,600
2017 $4,956 $448,100 $164,400 $283,700
2016 $5,024 $452,200 $164,400 $287,800
2014 $4,858 $439,600 $164,400 $275,200
2013 $5,357 $459,900 $188,800 $271,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201846553

Indiana Regional MLS

APN: 02-03-03-351-010.000-042