NOT LISTED FOR SALE

11312 Schlatter Rd Leo, IN 46765

Estimated Value: $514,054 - $571,000

4 Beds
2.5 Baths
3,101 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $515,000 $166 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,312/month

2 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Cedarville Elementary School Rated A-
  • Lake, Pond or Stream
  • Traditional Architecture

About This Home

As of November 2024

Great opportunity in Leo School Distict. 3.3 Acres on shared pond with amazing 40x30 Morton Building. Tons of updates. New tear off roof, exterior siding, windows and deluxe whole house generator. New HVAC. Lots of new flooring and all the appliances. Kitchen has lots of cabinet space and a mini pantry plus center island has Quartz Counter top. Also glass tile back splash. Leaded glass custom front doorway. Massive Family Room with Vaulted ceiling. Ceiling fans in most rooms. Extra large closet space throughout. Open Concept with lots of natural light. Custom blinds stay. Finished Rec Room in the basement with daylight windows. Morton Building has additional 6x40 open porch, concrete floor, complete electrical service and large overhead door for your RV or other toys. Top of the line Briggs and Stratton Fortress Generator. 2cnd Bedroom has an extra large closet/hidden play room. 4th Bedroom area does not have a designated closet space.

Last Listed By

Dave Gall

Coldwell Banker Real Estate Group Brokerage Phone: 260-466-2266 Listed on: 10/19/2024

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 1998

Lot Details

  • 3.3 Acre Lot
  • Lot Dimensions are 240x600
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Property is zoned A1

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Pocket Doors
  • Home Security System
  • Gas And Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-03-15-226-007.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,276

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1998
  • Age: 26
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: FR W 239.53 OF E 387.09 OF FL N 598.1 NE 1/4 NE 1/4 SEC 15 CEDAR CREEK TOWNSHIP
  • Parcel Number ID: 02-03-15-226-007.000-082
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Breakfast Bar, Cable Ready, Ceiling-Tray, Ceiling Fan(s), Ceilings-Vaulted, Countertops-Laminate, Countertops-Solid Surf, Deck Open, Dryer Hook Up Gas/Elec, Generator-Whole House, Natural Woodwork, Open Floor Plan, Pocket Doors, Range/Oven Hk Up Gas/Elec, Six Panel Doors, Tub and Separate Shower, Sump Pump
  • Cross Street: State Road 1
  • Inside City Limits: Yes
  • Location: Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3312
  • Total Finished Sq Ft: 3101
  • Above Grade Finished Sq Ft: 2516
  • Below Grade Finished Sq Ft: 585
  • Below Grade Sq Ft: 211
  • Price Per Sq Ft: 204.69
  • Basement: Yes
  • Basement Foundation: Daylight, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Breakfast Room: Dimensions: 13x11, On Level: Main
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 21x17, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: Dimensions: 23x17, On Level: Basement
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 16x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 16x13, On Level: Upper
  • Loft: On Level: N/A
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 796

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 40x30
  • Outbuilding2: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x20
  • Garage Sq Ft: 680
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 10
  • Water Type: Pond
  • Well Type: Private

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: 240X600
  • Estimated Lot Sq Ft: 143432
  • Estimated Lot Size Acres: 3.3

Tax Info

  • Annual Taxes: 4275.64
  • Exemptions: Homestead, Mortgage

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
Oct 19, 2024
Closed on
Nov 19, 2024
Sold by
Hire Jill M
Bought by
Hire Mathew G and Surface Kevin C
Seller's Agent
Dave Gall
Coldwell Banker Real Estate Group
Buyer's Agent
Brandon Ferrell
Keller Williams Realty Group
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%
Total Days on Market
2
Views
45
Current Estimated Value
$530,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,514
Avg. Annual Appreciation
1.82%
Original Mortgage
$489,250
Outstanding Balance
$487,869
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$31,331

Purchase Details

Listed on
May 3, 2019
Closed on
Sep 17, 2019
Sold by
Maxfield James A and Maxfield Judy Kae
Bought by
Hire Mathew G and Hire Jill M
Seller's Agent
Dave Gall
Coldwell Banker Real Estate Group
Buyer's Agent
Dave Gall
Coldwell Banker Real Estate Group
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

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
Hire Mathew G -- None Listed On Document
Surface Kristina L $515,000 None Listed On Document
Hire Mathew G $515,000 None Listed On Document
Hire Mathew G $345,000 Riverbend Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surface Kristina L $489,250
Closed Hire Mathew G $0
Previous Owner Hire Mathew G $350,000
Previous Owner Maxfield James A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $515,000 0.0% $166 / Sq Ft
10/28/2024 10/28/24 Price Changed $515,000 +3.0% $166 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $499,900 +44.9% $161 / Sq Ft
09/17/2019 09/17/19 Sold $345,000 -1.4% $118 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/08/2019 08/08/19 Price Changed $349,900 -2.8% $119 / Sq Ft
07/19/2019 07/19/19 Price Changed $359,900 -2.7% $123 / Sq Ft
06/14/2019 06/14/19 Price Changed $369,900 -2.6% $126 / Sq Ft
05/29/2019 05/29/19 Price Changed $379,900 -1.3% $130 / Sq Ft
05/24/2019 05/24/19 Price Changed $384,900 -1.3% $131 / Sq Ft
05/20/2019 05/20/19 Price Changed $389,900 -2.5% $133 / Sq Ft
05/03/2019 05/03/19 For Sale $399,900 -- $137 / 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 $4,276 $490,000 $108,400 $381,600
2023 $4,276 $420,300 $81,100 $339,200
2022 $3,944 $385,600 $81,100 $304,500
2021 $3,080 $316,200 $81,100 $235,100
2020 $3,059 $305,100 $81,100 $224,000
2019 $2,806 $281,500 $81,100 $200,400
2018 $2,644 $261,200 $58,400 $202,800
2017 $2,701 $258,700 $58,400 $200,300
2016 $2,685 $257,400 $58,400 $199,000
2014 $2,224 $220,300 $58,400 $161,900
2013 $2,543 $242,300 $59,500 $182,800
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202440651

Indiana Regional MLS

APN: 02-03-15-226-007.000-082