NOT LISTED FOR SALE

13034 Cherry St Leo, IN 46765

Estimated Value: $329,000 - $350,000

3 Beds
2 Baths
2,362 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $250,000 $106 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,119/month

5 Days on Market

Highlights

  • 19 Feet of Waterfront
  • Lake, Pond or Stream
  • 2 Fireplaces
  • Cedarville Elementary School Rated A-
  • Traditional Architecture
  • Solid Surface Countertops

About This Home

As of September 2020

MOTIVATED SELLER!! Contingent; Accepting Back up offers! Beautiful home with many updates! Solid oak cabinets, quartz counter tops, and porcelain flooring in kitchen! Stainless Steel Appliances stay! Newly added coat closet near the entry. Finished basement with a bedroom. Porcelain Tiled Shower with a Jacuzzi tub in the main bathroom! A great home with beautiful views. Rear deck that over looks the channel, great for entertaining! Channel frontage gives access for kayaks and canoes! Across the street from Leo- Cedarville Imagination Station Park.

Last Listed By

Lynnsey Phillips

Uptown Realty Group Listed on: 07/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • 19 Feet of Waterfront
  • Home fronts a canal
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-03-27-104-002.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Age: 65
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 351.05 of N 1251.05 of FRL W 214.2 BTW Cherry st and lake view dr NW 1/4 sec 27 EX E 122.2
  • Parcel Number ID: 02-03-27-104-002.000-082
  • Platted: Yes
  • Amenities: Countertops-Solid Surf
  • Improvmnts In Last5 Yrs: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 96.19
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2362
  • Total Finished Sq Ft: 2362
  • Above Grade Finished Sq Ft: 1462
  • Below Grade Finished Sq Ft: 900
  • Price Per Sq Ft: 171
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 27x15, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 24x12
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 18x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 900

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None, Dimensions: 18x20
  • Channel Canal Frontage: 18.73
  • Water Frontage: 18.73
  • Water Name: Cedarville Reservoir

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x28
  • Garage Sq Ft: 644
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx9, On Level: 4
  • Water Type: Lake
  • 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: Slope
  • Lot Dimensions: 0.4420
  • Estimated Lot Sq Ft: 13416
  • Estimated Lot Size Acres: 0.308

Tax Info

  • Annual Taxes: 1626
  • Exemptions: Homestead

Multi Family

  • Water Access: Channel Front/Canal

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
Jul 24, 2020
Closed on
Sep 3, 2020
Sold by
Melton Jonathan S
Bought by
Barolet Robert Rigney and Barolet Cheryl L
Seller's Agent
Lynnsey Phillips
Uptown Realty Group
Buyer's Agent
Justin Walborn
Mike Thomas Assoc., Inc
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Total Days on Market
5
Current Estimated Value
$339,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,589
Avg. Annual Appreciation
6.78%
Original Mortgage
$250,000
Outstanding Balance
$224,362
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$115,227

Purchase Details

Listed on
Jun 9, 2018
Closed on
Jul 13, 2018
Sold by
Schaffer Jeremy E and Schaffer Krista R
Bought by
Melton Jonathan S
Seller's Agent
Troy Wieland
Wieland Real Estate
Buyer's Agent
Tina Baxter
CENTURY 21 Bradley Realty, Inc
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$180,000
Interest Rate
4.5%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Valley William J and Valley Linda M
Bought by
Schaffer Jeremy E and Cadwell Krista R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,410
Interest Rate
6.01%

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
Barolet Robert Rigney $245,000 Liberty Title & Escrow
Melton Jonathan S $200,000 Centurion Land Title Inc
Schaffer Jeremy E -- Metropolitan Title Indiana L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barolet Robert Rigney $250,000
Previous Owner Melton Jonathan S $180,000
Previous Owner Schaffer Jeremy E $130,000
Previous Owner Schaffer Jeremy E $159,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $250,000 -3.8% $106 / Sq Ft
07/29/2020 07/29/20 Price Changed $259,900 -3.7% $110 / Sq Ft
07/24/2020 07/24/20 For Sale $269,900 +35.0% $114 / Sq Ft
07/13/2018 07/13/18 Sold $200,000 -9.0% $85 / Sq Ft
06/09/2018 06/09/18 For Sale $219,900 -- $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 $2,837 $315,000 $23,100 $291,900
2023 $2,761 $308,000 $23,100 $284,900
2022 $2,283 $257,900 $23,100 $234,800
2021 $1,877 $226,200 $23,100 $203,100
2020 $1,706 $202,100 $23,100 $179,000
2019 $1,626 $197,600 $23,100 $174,500
2018 $1,395 $171,000 $23,100 $147,900
2017 $1,177 $148,700 $23,100 $125,600
2016 $1,151 $146,500 $23,100 $123,400
2014 $1,220 $152,600 $23,100 $129,500
2013 $1,021 $134,100 $23,100 $111,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202028815

Indiana Regional MLS

APN: 02-03-27-104-002.000-082