NOT LISTED FOR SALE

1245 Limberlost Trail Rome City, IN 46784

Estimated Value: $546,203 - $703,000

4 Beds
2.5 Baths
1,984 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $535,000 $270 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,806/month

56 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Traditional Architecture
  • Pier or Dock
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of September 2020

Serene Lake Life. Sitting in a quiet cul-de-sac overlooking the peaceful views of Cain Basin on Sylvan Lake. Sylvan is a 669 acre all sports lake known for excellent fishing and boating. The association purchased what was once known as Boy Scout Island and now the view across the lake from this home will forever be a protected woods. These folks have loved this home and have made great improvements such as new furnace in 2017, water softener 2017, A/C in 2015, updated kitchen in 2016 and more. This 4 bedroom, 2 1/2 bath home has a brick fireplace, wonderful sunroom, expansive deck, professionally landscape terracing on the lake side, fantastic seawall, 4 year old dock system with two piers. Fantastic back lot with large garage/outbuilding for storing all the lake toys. Out building has a workshop plus lots of off street parking. Owners have a ski boat, a pontoon and jet ski plus lifts available for purchase. Come see this beauty for yourself!

Last Agent to Sell the Property

Anita Hess

Weichert Realtors - Hoosier Heartland Listed on: 06/16/2020

Co-Listed By

Tim Hess

Weichert Realtors - Hoosier Heartland

Last Buyer's Agent

Lynette Johnson

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1965

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 100x190
  • 50 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Rome City Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Community Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 57-04-23-400-048.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,797

Year Built

Built in 1965

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1965
  • Age: 55
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Limberlost Farm Lot 6 & Lot 7
  • Parcel Number ID: 57-04-23-400-048.000-010
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Dryer Hook Up Gas, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Home Warranty Included, Landscaped, Natural Woodwork, Near Walking Trail, Pantry-Walk In, Porch Covered, Tub/Shower Combination, Workshop, Formal Dining Room, Main Floor Laundry
  • Location: Lake
  • Parcel Id2: 570423400060000010
  • Sp Lp Percent: 97.29
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1984
  • Total Finished Sq Ft: 1984
  • Above Grade Finished Sq Ft: 1984
  • Price Per Sq Ft: 269.66
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 17x15, On Level: Main
  • Kitchen: Dimensions: 9x21, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 11x15, On Level: Upper
  • Bedroom 2: Dimensions: 11x14, On Level: Upper
  • Bedroom 3: Dimensions: 11x14, On Level: Upper
  • Bedroom 4: Dimensions: 11x10, On Level: Upper
  • Other Room1: Sunroom, Dimensions: 15x13, On Level: Main
  • Other Room 2: Utility/Laundry, Dimensions: 10x12, On Level: Main
  • Main Level Sq Ft: 1088
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Sylvan Lake

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 5
  • Garage Size: Dimensions: 24x36
  • Garage Sq Ft: 864
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Water Type: Lake
  • Well Type: Community

Schools

  • School District: East Noble Schools
  • Elementary School: Rome City
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: Rome City

Lot Info

  • Lot Description: Cul-De-Sac, Partially Wooded, Rolling
  • Lot Dimensions: 100x190
  • Estimated Lot Sq Ft: 31798
  • Estimated Lot Size Acres: 0.733

Tax Info

  • Annual Taxes: 4797

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 24, 2020
Sold by
Coleman Steven J and Coleman Dorothy A
Bought by
Gordon Geoffrey H Te and Gordon Rachel E
Seller's Agent
Anita Hess
Weichert Realtors - Hoosier Heartland
Buyer's Agent
Lynette Johnson
North Eastern Group Realty
List Price
$579,900
Sold Price
$535,000
Premium/Discount to List
-$44,900
-7.74%
Current Estimated Value
$631,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,301
Avg. Annual Appreciation
3.28%
Original Mortgage
$481,500
Outstanding Balance
$428,269
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$203,032
Source: Public Records

Range of Values:

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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
Gordon Geoffrey H Te $601,875 Assurance Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Geoffrey H Te $481,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $535,000 -2.7% $270 / Sq Ft
07/15/2020 07/15/20 Price Changed $549,900 -5.2% $277 / Sq Ft
06/16/2020 06/16/20 For Sale $579,900 -- $292 / 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 $5,825 $437,500 $191,600 $245,900
2023 $5,902 $440,200 $191,600 $248,600
2022 $5,444 $403,500 $182,400 $221,100
2021 $5,431 $375,200 $182,400 $192,800
2020 $4,586 $283,200 $182,400 $100,800
2019 $4,797 $283,600 $182,400 $101,200
2018 $4,883 $280,000 $182,400 $97,600
2017 $4,638 $278,700 $182,400 $96,300
2016 $4,656 $280,200 $182,400 $97,800
2014 $5,278 $305,400 $228,200 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202022654

Indiana Regional MLS

APN: 570423400048000010