NOT LISTED FOR SALE

109 North Dr Geneva, IN 46740

Estimated Value: $134,000 - $218,000

3 Beds
1 Bath
1,440 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $57,000 $40 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,120/month

342 Days on Market

Highlights

  • Water Views
  • Covered Patio or Porch
  • 1 Car Attached Garage
  • Lake Property
  • Utility Room in Garage
  • 1-Story Property

About This Home

As of May 2020

Make this your cozy Rainbow Lake access home. Hosts 3 bedrooms, 1 bath, 1 car attached garage, front and back porch areas, storm cellar, mature trees for an enclosed and quaint feel. Home has newer kitchen cabinets, appliances included, Trane furnace and AC, some double pane replacement windows, cedar closets, and plenty of space to enjoy and relax for the summer.

Last Agent to Sell the Property

Amber Coates

Harvey and Associates Realty LLC Listed on: 05/13/2019

Last Buyer's Agent

Rodney Lautzenheiser

R J Lautz, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1965

Lot Details

  • 0.41 Acre Lot
  • Property has an invisible fence for dogs
  • Irregular Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Utility Room in Garage
  • Laundry on main level
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

  • South Adams Elementary And Middle School
  • South Adams High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 01-11-21-301-066.000-019

Community Details

Overview

  • Rainbow Lake Subdivision

Recreation

  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1965

Lot Details

0

HOA Fees

$7 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: RAINBOW LAKE SUBD LOT 85 & 86
  • Parcel Number ID: 01-11-21-301-066.000-019
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Countertops-Laminate, Garage Door Opener, Porch Covered, Range/Oven Hook Up Gas, Main Floor Laundry, Garage Utilities
  • Location: City/Town/Suburb, Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 23x13, On Level: Main
  • Kitchen: Dimensions: 23x10, On Level: Main
  • Dining Room: Dimensions: 15x10, On Level: Main
  • Bedroom 1: Dimensions: 18x14, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 13x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Pet Fence
  • Water Features: Assoc
  • Water Name: Rainbow Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 33x14
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: Lake

Condo/Co-op/Association

  • Association Fees: 80
  • Association Fees Frequency: Annually

Schools

  • Elementary School: South Adams

Lot Info

  • Lot Description: Irregular, Water View
  • Lot Dimensions: 60X159, 60X140
  • Estimated Lot Sq Ft: 17903
  • Estimated Lot Size Acres: 0.411

Tax Info

  • Annual Taxes: 708.47
  • Exemptions: Homestead

MLS Schools

  • High School: South Adams
  • Middle School: South Adams
  • School District: South Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
May 18, 2020
Sold by
Wilson Elois J
Bought by
Scherrer Eric N and Scherrer Susan L
Seller's Agent
Amber Coates
Harvey and Associates Realty LLC
Buyer's Agent
Rodney Lautzenheiser
R J Lautz, LLC
List Price
$60,000
Sold Price
$57,000
Premium/Discount to List
-$3,000
-5%
Current Estimated Value
$191,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,806
Avg. Annual Appreciation
24.39%
Original Mortgage
$51,300
Outstanding Balance
$45,459
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$146,347
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scherrer Eric N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherrer Eric N $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $57,000 -5.0% $40 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $60,000 0.0% $42 / Sq Ft
03/12/2020 03/12/20 Price Changed $60,000 +5.3% $42 / Sq Ft
03/01/2020 03/01/20 Off Market $57,000 -- --
11/18/2019 11/18/19 For Sale $65,000 0.0% $45 / Sq Ft
11/18/2019 11/18/19 Price Changed $65,000 +14.0% $45 / Sq Ft
11/14/2019 11/14/19 Off Market $57,000 -- --
06/10/2019 06/10/19 Price Changed $76,500 -8.9% $53 / Sq Ft
05/13/2019 05/13/19 For Sale $84,000 -- $58 / 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 $1,285 $128,500 $30,600 $97,900
2023 $1,206 $120,600 $30,600 $90,000
2022 $1,199 $119,900 $30,600 $89,300
2021 $1,141 $114,100 $30,300 $83,800
2020 $1,096 $112,900 $30,300 $82,600
2019 $2,208 $110,400 $30,300 $80,100
2018 $691 $110,400 $30,300 $80,100
2017 $677 $108,600 $29,500 $79,100
2016 $664 $105,900 $29,500 $76,400
2014 $689 $108,900 $29,500 $79,400
2013 $2,196 $109,800 $29,500 $80,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amber Coates

    Harvey and Associates Realty LLC

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Map

Source: Indiana Regional MLS

MLS Number: 201918847

Indiana Regional MLS

APN: 01-11-21-301-066.000-019

Indiana Adams County Geneva 46740

109 North Dr, Geneva, IN

Not Listed for Sale

Detached

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