NOT LISTED FOR SALE

10407 Garman Rd Leo, IN 46765

Estimated Value: $274,000 - $343,000

3 Beds
1 Bath
1,572 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $92,500 $59 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,777/month

95 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Partially Wooded Lot
  • Cedarville Elementary School Rated A-
  • Ranch Style House
  • Backs to Open Ground

About This Home

As of July 2020

Amazing opportunity in The Leo School District! Looking for a home to create some instant equity? Consider finishing this "in progress" extreme makeover, where much of the work has already been completed! Home has all new vinyl siding, Andersen Windows, Exterior doors, Tear-off roof, Concrete porch & driveway pad, Garage doors, Rough electrical & plumbing, High efficiency furnace, Air conditioner, Well tank, Tub/shower unit, Rear decking, and more. Wonderful private lot, backs up to woods, and Cedar creek. Clear away the brush and create an Amazing view while entertaining from your deck. Seller would prefer a Cash Buyer, where House is being sold "As-Is." Don't miss this Rare opportunity!

Last Agent to Sell the Property

Christopher Will

Mike Thomas Assoc., Inc Listed on: 02/17/2020

Mike Thomas Assoc., Inc

Last Buyer's Agent

Christopher Will

Mike Thomas Assoc., Inc Listed on: 02/17/2020

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1967

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 152' x 290'
  • Creek or Stream
  • Backs to Open Ground
  • Rural Setting
  • Partially Wooded Lot
  • Property is zoned A1, Agricultural

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,572 Sq Ft Home
  • Open Floorplan
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-03-327-001.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,957

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1967
  • Age: 53
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: W152.3 of E1009.6 of S286FT N1/2 SW1/4 Sec 3
  • Parcel Number ID: 02-03-03-327-001.000-042
  • Platted: Yes
  • Amenities: Deck Open, Open Floor Plan
  • Cross Street: Amstutz Rd.
  • Location: Rural
  • Section Number: 3
  • Sp Lp Percent: 92.59
  • Zoning Description: Agricultural
  • County Zoning: A1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1572
  • Total Finished Sq Ft: 1572
  • Above Grade Finished Sq Ft: 1572
  • Price Per Sq Ft: 58.84
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 19x15, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 14x9, On Level: Main
  • Bedroom 3: Dimensions: 14x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 12x12

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x25
  • Garage Sq Ft: 575
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx3, On Level: 5
  • Water Type: Creek
  • 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: Partially Wooded, Water View
  • Lot Dimensions: 152' x 290'
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Green Features

  • Energy Efficient: Windows

Tax Info

  • Annual Taxes: 1957

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jul 17, 2020
Sold by
Imm Michael R
Bought by
Amstutz Max H and Amstutz Sally J
Seller's Agent
Christopher Will
Mike Thomas Assoc., Inc
Buyer's Agent
Christopher Will
Mike Thomas Assoc., Inc
List Price
$99,900
Sold Price
$92,500
Premium/Discount to List
-$7,400
-7.41%
Current Estimated Value
$310,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,364
Avg. Annual Appreciation
25.58%

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jul 16, 2020
Sold by
Imm Michael R
Bought by
Amstutz Max H and Amstutz Sally J
Seller's Agent
Christopher Will
Mike Thomas Assoc., Inc
Buyer's Agent
Christopher Will
Mike Thomas Assoc., Inc
List Price
$99,900
Sold Price
$92,500
Premium/Discount to List
-$7,400
-7.41%

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 26, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Imm Michael R
Seller's Agent
Sharon White
Premier Inc., REALTORS
Buyer's Agent
Christopher Will
Mike Thomas Assoc., Inc
List Price
$44,900
Sold Price
$41,250
Premium/Discount to List
-$3,650
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.28%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Baker Jeffrey L and Schwartz Darcy L
Bought by
Fedeal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 13, 2018
Sold by
Sheriff Gladieux
Bought by
Federal Corporation
Source: Public Records

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
Amstutz Max H -- Renaissance Title
Amstutz Max H $92,500 Renaissance Title
Imm Michael R -- Total Title
Fedeal Home Loan Mortgage Corporation $84,932 None Available
Federal Corporation $84,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $92,500 -7.4% $59 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $99,900 0.0% $64 / Sq Ft
05/01/2020 05/01/20 Price Changed $99,900 +8.0% $64 / Sq Ft
03/09/2020 03/09/20 Off Market $92,500 -- --
02/17/2020 02/17/20 For Sale $109,900 +166.4% $70 / Sq Ft
06/29/2018 06/29/18 Sold $41,250 -8.1% $29 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $44,900 -- $32 / 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 $999 $251,700 $62,900 $188,800
2022 $979 $194,100 $58,100 $136,000
2021 $960 $170,700 $58,100 $112,600
2020 $946 $138,200 $58,100 $80,100
2019 $1,981 $130,700 $58,100 $72,600
2018 $1,962 $123,600 $53,200 $70,400
2017 $546 $123,100 $53,200 $69,900
2016 $456 $117,700 $53,200 $64,500
2014 $551 $133,700 $53,200 $80,500
2013 $540 $137,100 $55,000 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202005731

Indiana Regional MLS

APN: 02-03-03-327-001.000-042