$245,000
SOLD JUN 13, 2019

10507 Lagoon Dr Grabill, IN 46741

3 Beds
2.5 Baths
2,212 Sq Ft
0.46 Acres

Recently Sold

$111 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • 145 Feet of Waterfront
  • Boat Dock
  • Ranch Style House
  • Cedarville Elementary School Rated A-
  • Living Room with Fireplace
  • Utility Sink

About This Home

As of August 2024

STOP THE CAR!! WATERFRONT RANCH IN LEO SCHOOL DISTRICT!! You do not want to miss this well maintained ranch with finished walkout partial basement on the reservoir. This 3 Bdrm, 2 1/2 bath home sits on a beautiful lot overlooking the water. There are multiple decks for entertaining or simply enjoying a beverage and taking in the view. This home has had many updates over the years including windows, gutters, doors, flooring, reverse osmosis drinking system and sprinkler system. 2 Bedrooms have brand new carpet. The heated 2 car garage also has a/c along with a utility sink. Plenty of parking here with an extra large asphalt driveway. Store the extras in the generous sized shed complete with power and concrete floor. All appliances stay but are not warrantied. Pontoon stays with the property for the new owner to enjoy - not warrantied. Buyer to verify measurements - taken from public record

Last Agent to Sell the Property

April Leamon

CENTURY 21 Bradley Realty, Inc Listed on: 05/13/2019

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Tamra Stier

Rockfield Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1974

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 142 x 125 x 145 x 150
  • 145 Feet of Waterfront
  • River Front

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Utility Sink

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Enclosed patio or porch

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Radiant Ceiling
  • Heat Pump System
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Boat Dock
  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 02-03-27-176-003.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,095

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1974
  • Age: 45
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: FRL E 150x145 FT SPC W of Lagoon Dr NW 1/4 Sec 27
  • Parcel Number ID: 02-03-27-176-003.000-042
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Ceiling Fan(s), Deck Open, Detector-Smoke, Dryer Hook Up Gas/Elec, Garage Door Opener, Porch Enclosed, Utility Sink, Garage-Heated, Main Floor Laundry
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2212
  • Total Finished Sq Ft: 2212
  • Above Grade Finished Sq Ft: 1610
  • Below Grade Finished Sq Ft: 602
  • Price Per Sq Ft: 152.17
  • Basement: Yes
  • Basement Foundation: Finished, Walk-Out Basement
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Gas Log, Wood Burning, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 11x13, On Level: Main
  • Kitchen: Dimensions: 14x11
  • Dining Room: Dimensions: 12x11
  • Family Room: Dimensions: 21x13
  • Recreation Room: Dimensions: 22x21, On Level: Lower
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 602

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Shed, Dimensions: 12x18
  • Water Features: Pier/Dock
  • Water Frontage: 145
  • Water Name: Cedarville Reservoir

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x26
  • Garage Sq Ft: 520
  • Garage: Yes

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Ceiling
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Hvac: Ceiling Fan
  • Water Type: River
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 142 x 125 x 145 x 150
  • Estimated Lot Sq Ft: 20038
  • Estimated Lot Size Acres: 0.46

Tax Info

  • Annual Taxes: 1094.96
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

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
May 15, 2024
Closed on
Aug 9, 2024
Sold by
Linsky Marcia L
Bought by
Stanton David and Stanton Amy
Seller's Agent
Tamra Stier
Rockfield Realty Group
Buyer's Agent
Dale Johnson
CENTURY 21 Bradley Realty, Inc
List Price
$398,900
Sold Price
$387,000
Premium/Discount to List
-$11,900
-2.98%
Total Days on Market
1
Views
90
Current Estimated Value
$387,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639
Avg. Annual Appreciation
-1.43%
Original Mortgage
$78,000
Outstanding Balance
$77,405
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$304,155

Purchase Details

Closed on
Aug 24, 2022
Sold by
Linsky Thomas A and Linsky Marcia L
Bought by
Linsky Marcia L

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 13, 2019
Sold by
Stilwell Randal G
Bought by
Linsky Thomas A and Linsky Marcia L
Seller's Agent
April Leamon
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Tamra Stier
Rockfield Realty Group
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$193,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Stilwell Dana L
Bought by
Stilwell Randal G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Personal Reps Deed $387,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Warranty Deed $245,000 Trademark Title Co
Interfamily Deed Transfer -- Metropolitan Title Of In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,000 New Conventional
Previous Owner $193,000 New Conventional
Previous Owner $123,000 New Conventional
Previous Owner $126,300 New Conventional
Previous Owner $129,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $387,000 -3.0% $175 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $398,900 0.0% $180 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $398,900 -6.1% $180 / Sq Ft
05/15/2024 05/15/24 For Sale $425,000 +73.5% $192 / Sq Ft
06/13/2019 06/13/19 Sold $245,000 0.0% $111 / Sq Ft
05/15/2019 05/15/19 Price Changed $245,000 +2.1% $111 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $239,900 -- $108 / 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 $2,321 $317,700 $42,800 $274,900
2023 $2,321 $305,000 $39,200 $265,800
2022 $1,870 $253,700 $39,200 $214,500
2021 $1,661 $217,600 $39,200 $178,400
2020 $1,604 $208,500 $39,200 $169,300
2019 $1,174 $178,700 $39,200 $139,500
2018 $1,095 $164,600 $29,200 $135,400
2017 $997 $149,600 $29,200 $120,400
2016 $905 $140,200 $29,200 $111,000
2014 $836 $134,000 $29,200 $104,800
2013 $876 $136,100 $29,200 $106,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201918672

Indiana Regional MLS

APN: 02-03-27-176-003.000-042