NOT LISTED FOR SALE

1350 N Shore Dr Rome City, IN 46784

Estimated Value: $228,000 - $281,000

2 Beds
1 Bath
596 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $137,000 $230 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,689/month

45 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Lake Property
  • Double Pane Windows
  • Pier or Dock
  • Partially Wooded Lot
  • Woodwork

About This Home

As of May 2020

Take advantage of this excellent opportunity to invest in a 1 story lakefront home on beautiful Sylvan Lake without breaking the bank. This small home on a partial basement offers 40 feet of lake frontage with tremendous lake views plus an additional .23 acre lot directly across the road for additional parking, recreational activities, garage or storage building and a garden spot. This home has not been lived in for in for several years and no utilities are on. Sylvan Lake is an all sports 662 acre lake.

Last Agent to Sell the Property

Greg Fahl

Orizon Real Estate, Inc. Listed on: 03/30/2020

Last Buyer's Agent

Ryan Gerig

Ryan Gerig Real Estate, LLC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.35 Acre Lot
  • 40 Feet of Waterfront
  • Lake Front
  • Partially Wooded Lot
  • Property is zoned R1

HOA Fees

  • $5 per month

Home Design

  • Bungalow
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Flooring
  • Storm Doors
  • Laminate Countertops
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Crawl Space
  • Natural lighting in basement

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 57-04-15-100-073.000-011

Community Details

Overview

  • $5 Other Monthly Fees
  • Oconnor Beach Subdivision

Recreation

  • Pier or Dock
  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1935
  • Age: 85
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: O'Connor Beach Lot 22, part Northeast quarter of sec 15 T35 N R10 E in Noble County
  • Parcel Number ID: 57-04-15-100-073.000-011
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Countertops-Laminate, Natural Woodwork, Patio Open, Storm Doors, Stand Up Shower, Washer Hook-Up
  • Cross Street: Bay View Drive
  • Location: Lake
  • Road Access: County
  • Road Surface: Asphalt
  • Section Number: 15
  • Sp Lp Percent: 80.64
  • County Zoning: R1
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1096
  • Total Finished Sq Ft: 596
  • Above Grade Finished Sq Ft: 596
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 229.87
  • Basement: Yes
  • Basement Foundation: Crawl, Daylight
  • Basement Material: Poured Concrete
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 14x11, On Level: Main
  • Kitchen: Dimensions: 11x7, On Level: Main
  • Den: Dimensions: 11x8, On Level: Main
  • Bedroom 1: Dimensions: 10x8, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Main Level Sq Ft: 596
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 500

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Assoc, Pier/Dock
  • Water Frontage: 40
  • Water Name: Sylvan Lake

Garage/Parking

  • Driveway: Asphalt
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Hvac: Ceiling Fan
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 50
  • Association Fees Frequency: Optional
  • Other Fee Description: Rome City Conservancy
  • Other Fees Dollar: 56.9

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: Partially Wooded, Waterfront, 0-2.9999, Lake, Waterfront-High Bank
  • Lot Dimensions: 40x119x42x133+53x173x59x161
  • Estimated Lot Sq Ft: 15090
  • Estimated Lot Size Acres: 0.35
  • Lot Number: 22

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 3674.5

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
Mar 30, 2020
Closed on
May 22, 2020
Sold by
Sevier Linda K and Sevier Walter N
Bought by
Kochert John W and Kochert Angelia John
Seller's Agent
Greg Fahl
Orizon Real Estate, Inc.
Buyer's Agent
Ryan Gerig
Ryan Gerig Real Estate, LLC.
List Price
$169,900
Sold Price
$137,000
Premium/Discount to List
-$32,900
-19.36%
Current Estimated Value
$262,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,941
Avg. Annual Appreciation
10.09%
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
Kochert John W -- Metropolitan Title In Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $137,000 -19.4% $230 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $169,900 -- $285 / 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 $2,935 $184,300 $115,200 $69,100
2023 $3,000 $168,200 $104,700 $63,500
2022 $2,650 $161,500 $99,800 $61,700
2021 $2,669 $154,400 $99,800 $54,600
2020 $2,681 $138,100 $99,800 $38,300
2019 $2,945 $145,900 $99,800 $46,100
2018 $3,017 $145,900 $99,800 $46,100
2017 $1,291 $145,800 $99,800 $46,000
2016 $3,011 $145,300 $99,800 $45,500
2014 $1,875 $95,500 $68,000 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202011871

Indiana Regional MLS

APN: 570415100073000011