NOT LISTED FOR SALE

11731 Riverview Blvd Osceola, IN 46561

Estimated Value: $270,000 - $732,000

3 Beds
1 Bath
1,724 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $242,000 $140 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,785/month

37 Days on Market

Highlights

  • 103 Feet of Waterfront
  • Pier or Dock
  • The river is a source of water for the property
  • Moran Elementary School Rated A-
  • Central Air

About This Home

As of May 2021

11731 Riverside Blvd. is a PRIME BUILDING SITE on Half an acre of riverfront property! This is an excellent location on the St Joseph River, between Bittersweet Bridge and Baugo Bay. 103 feet of concrete seawall with a suspended pier. You can boat for 17 miles between the damns. Property has a new well and new septic systems installed within last 4 years. Plenty of off-street parking for all the guests that will want to come boating, skiing and fishing. Property has a house with 1724 sq ft that was built in 1948. This home offers 1 Bedroom and 1 Bathroom on Main Level. Upstairs loft area has a potential for 2 more Bedrooms. Property has been a rental for the past 5 years. It has approximately 20 feet of embankment, perfect for the building of a new home with a walkout lower level to the river. A ramp with natural rock retaining walls has been cut into the hillside to allow you access to the river frontage with a lawn mower, golf cart, toys, etc. PHM School District. Owners were going to build a new home but due to health reasons are now moving to Florida. A full set of building plans are included with this sale. Buy now and get on the schedule for new construction to be completed by summers end!

Last Listed By

Stacey Horstmann

Cressy & Everett - South Bend Listed on: 03/13/2021

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1948

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 206 x 102
  • 103 Feet of Waterfront
  • River Front

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,724 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Moran Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Central Air
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 71-10-08-157-002.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,102

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1948
  • Age: 73
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 16 & VAC STREETS SUNNYBANKS PRO SEC 8-37-4E
  • Parcel Number ID: 71-10-08-157-002.000-031
  • Platted: Yes
  • Sp Lp Percent: 96.8
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1724
  • Total Finished Sq Ft: 1724
  • Above Grade Finished Sq Ft: 1724
  • Price Per Sq Ft: 140.37
  • Basement Foundation: Slab
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 26x13, On Level: Upper
  • Bedroom 3: Dimensions: 15x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Shed, Dimensions: 9x13
  • Water Features: Pier/Dock Available
  • Water Frontage: 103
  • Water Name: Saint Joseph River

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: River
  • Well Type: Private

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Moran
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Moran

Lot Info

  • Lot Description: Waterfront-Medium Bank
  • Lot Dimensions: 206 x 102
  • Estimated Lot Sq Ft: 21000
  • Estimated Lot Size Acres: 0.4821

Tax Info

  • Annual Taxes: 3102

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 17, 2021
Sold by
Myers Michael L and Myers Donna J
Bought by
Makowski Joseph C and Makowski Kimberly A
Seller's Agent
Stacey Horstmann
Cressy & Everett - South Bend
Buyer's Agent
Larry Dietl
CRESSY & EVERETT REAL ESTATE
List Price
$250,000
Sold Price
$242,000
Premium/Discount to List
-$8,000
-3.2%
Total Days on Market
37
Current Estimated Value
$457,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,928
Avg. Annual Appreciation
7.68%

Purchase Details

Listed on
Apr 7, 2015
Closed on
Aug 29, 2015
Sold by
Theocharides Marla B
Bought by
Myers Michael L and Myers Donna J
Buyer's Agent
Sharon McDonald
RE/MAX 100
List Price
$169,900
Sold Price
$144,000
Premium/Discount to List
-$25,900
-15.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$115,200
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2011
Closed on
Jan 27, 2012
Sold by
Murphy Thomas E and Murphy Barbara N
Bought by
Theocharides Marla B
Seller's Agent
Joseph Molnar
Realst8.com LLC
List Price
$159,900
Sold Price
$116,500
Premium/Discount to List
-$43,400
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$113,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Mowiser Michael J
Bought by
Murphy Thomas E and Murphy Barbara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.42%
Mortgage Type
New Conventional

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
Makowski Joseph C $484,000 None Available
Myers Michael L -- Meridian Title
Theocharides Marla B -- Meridian Title
Murphy Thomas E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makowski Joseph C $100,000
Previous Owner Myers Michael L $115,200
Previous Owner Theocharides Marla B $113,000
Previous Owner Murphy Thomas E $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $242,000 -3.2% $140 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $250,000 +73.6% $145 / Sq Ft
09/24/2015 09/24/15 Sold $144,000 -15.2% $84 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $169,900 +45.8% $99 / Sq Ft
01/27/2012 01/27/12 Sold $116,500 -27.1% $68 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
06/28/2011 06/28/11 For Sale $159,900 -- $93 / 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 $2,659 $500,800 $96,800 $404,000
2023 $2,616 $309,300 $96,800 $212,500
2022 $1,766 $97,300 $96,800 $500
2021 $3,721 $190,200 $94,900 $95,300
2020 $3,676 $190,300 $94,900 $95,400
2019 $3,145 $161,300 $80,400 $80,900
2018 $2,777 $148,200 $66,900 $81,300
2017 $2,831 $183,400 $66,900 $116,500
2016 $3,169 $158,600 $61,400 $97,200
2014 $774 $108,100 $27,300 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202107991

Indiana Regional MLS

APN: 71-10-08-157-002.000-031