NOT LISTED FOR SALE

10622 Main St Leo, IN 46765

Estimated Value: $277,000 - $315,000

3 Beds
2 Baths
2,273 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $250,000 $110 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,841/month

2 Days on Market

Highlights

  • 35 Feet of Waterfront
  • Pier or Dock
  • Partially Wooded Lot
  • Cedarville Elementary School Rated A-
  • Dock Rights
  • Corner Lot

About This Home

As of October 2023

Multiple Offers all offers due 9/3/23 1800. Very rare opportunity to own riverfront property on the beautiful Cedarville Reservoir in Leo. This 3-bedroom, 2 full bathroom home boast river views, a fire pit, a large in-ground swimming pool and is within walking distance to our schools, parks, and all the shops in downtown Leo. Wide walking path to Grabill and Riverside Gardens. Riverside Gardens has walking trails, volleyball courts, horseshoes, cornhole, a large splash pad/water park for the kids, and picnic areas. The large 32x16-foot deck has relaxing river views. Spacious kitchen opens into living room for cozy family get-togethers. Circle the driveway for ample off-the-road parking. The large detached 2.5 car garage has a large heater for cool weather projects. The partially finished basement stores large utilities and has a lot of room for storage. Riverside Living features wildlife galore, fishing, boating, ice skating, firework views, and so much more. Riverfront homes do not become available often; do not wait to see this home! This home is being sold as is, with an inspection report and an American Home Shield home warranty for 1 year.

Last Listed By

Scott Yoder

Coldwell Banker Real Estate Group Brokerage Phone: 260-241-5301 Listed on: 08/30/2023

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1876

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120
  • 35 Feet of Waterfront
  • River Front
  • Corner Lot
  • Partially Wooded Lot

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stone or Rock in Basement
  • 3 Bedrooms in Basement

Outdoor Features

  • Dock Rights
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 02-03-15-384-008.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1876

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1876
  • Age: 147
  • Style: One Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: HAMILTON ADD LOTS 71 & 72 |
  • Parcel Number ID: 02-03-15-384-008.000-082
  • Platted: Yes
  • Amenities: Porch Open, Garage-Heated, Sump Pump
  • Location: City/Town/Suburb, Near Walking Trail
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2799
  • Total Finished Sq Ft: 2273
  • Above Grade Finished Sq Ft: 1943
  • Below Grade Finished Sq Ft: 330
  • Below Grade Sq Ft: 526
  • Price Per Sq Ft: 128.67
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Stone
  • Living Great Room: Dimensions: 29x26, On Level: Main
  • Kitchen: Dimensions: 23x11, On Level: Main
  • Extra Room: Dimensions: 30x11, On Level: Basement
  • Bedroom 1: Dimensions: 17x15, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 856

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Water Features: Boat Docking Rights, Pier/Dock
  • Water Frontage: 35
  • Water Name: Cedarville Reservoir

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 28x32
  • Garage Sq Ft: 896
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 11
  • Water Type: River
  • 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, Partially Wooded, Waterfront, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 120x120
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Tax Info

  • Annual Taxes: 2150

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
Aug 30, 2023
Closed on
Oct 13, 2023
Sold by
Richards Joshua Lee and Fiandaca Ashlee
Bought by
Tieman Chadwick Daniel and Tieman Julianne Koval
Seller's Agent
Scott Yoder
Coldwell Banker Real Estate Group
Buyer's Agent
Heather Yoder
Coldwell Banker Real Estate Group
List Price
$250,000
Sold Price
$250,000
Total Days on Market
2
Views
285
Current Estimated Value
$294,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,894
Avg. Annual Appreciation
8.21%
Original Mortgage
$237,590
Outstanding Balance
$235,435
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$47,074

Purchase Details

Closed on
Mar 2, 2022
Sold by
Richards Joshua Lee
Bought by
Richards Joshua Lee and Fiandaca Ashlee

Purchase Details

Listed on
Nov 23, 2015
Closed on
Dec 9, 2015
Sold by
Miller Sheryl Ann
Bought by
Richards Joshua
Seller's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Diane Moberg
Lighthouse Professional Realty
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$180,000
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
May 3, 2011
Sold by
Miller Randall Joseph
Bought by
Miller Sheryl Ann

Purchase Details

Closed on
Jul 15, 2005
Sold by
Mavity Steven C and Mavity Sandra K
Bought by
Miller Randall J and Miller Sheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

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
Tieman Chadwick Daniel $250,000 None Listed On Document
Richards Joshua Lee $250,000 None Listed On Document
Richards Joshua -- Metropolitan Title Of In Llc
Miller Sheryl Ann -- None Available
Miller Randall J -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tieman Chadwick Daniel $237,590
Previous Owner Richards Joshua $164,510
Previous Owner Richards Joshua $180,000
Previous Owner Miller Sheryl A $122,000
Previous Owner Miller Randall J $20,000
Previous Owner Miller Randall J $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $250,000 0.0% $110 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $250,000 +38.9% $110 / Sq Ft
12/09/2015 12/09/15 Sold $180,000 0.0% $87 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $180,000 -- $87 / 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 $2,370 $307,300 $33,000 $274,300
2022 $2,108 $240,700 $33,000 $207,700
2021 $1,723 $210,500 $33,000 $177,500
2020 $1,674 $198,000 $33,000 $165,000
2019 $1,401 $176,000 $25,200 $150,800
2018 $1,449 $174,300 $25,200 $149,100
2017 $1,415 $167,400 $25,200 $142,200
2016 $1,331 $160,300 $25,200 $135,100
2014 $2,534 $132,100 $25,200 $106,900
2013 $2,559 $130,200 $25,200 $105,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202331353

Indiana Regional MLS

APN: 02-03-15-384-008.000-082