NOT LISTED FOR SALE

1409 N Lima Rd Kendallville, IN 46755

Estimated Value: $164,000 - $246,000

4 Beds
2 Baths
1,598 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $75,000 $47 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,151/month

134 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • 3 Car Detached Garage

About This Home

As of March 2018

Whether you have dreamed of renovating an old farm house or have thought of taking on an investment property - this one could be the one you've been looking for! GREAT location just north of Kendallville, right before the airport, on State Rd 3. Sitting on over an acre - this 4 bedroom, 2 bath farm house has such potential. LOTS of cabinetry in the kitchen, spacious living room for gatherings and relaxing. Oustide - THREE car garage for storage, hobbies, man-cave, ect. This one needs some love but may be the diamond in the rough you've been looking for! Call today to schedule your tour...............

Last Agent to Sell the Property

Dani Rittermeyer

Always Real Estate, LLC Listed on: 10/07/2017

Last Buyer's Agent

Jennifer Streich

Hosler Realty Inc - Kendallville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1900

Lot Details

  • 1.03 Acre Lot
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Wayne Center Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 57-07-20-200-005.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$380

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Se Cor N 1/2 Ex E Hwy Se 1/4 Sec 20 .87ac plus .16 ac |
  • Parcel Number ID: 57-07-20-200-005.000-019
  • Platted: Yes
  • Sp Lp Percent: 86.21
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2358
  • Total Finished Sq Ft: 1598
  • Above Grade Finished Sq Ft: 1598
  • Below Grade Sq Ft: 760
  • Price Per Sq Ft: 46.93
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Living Great Room: Dimensions: 24x15, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 17x11, On Level: Main
  • Bedroom 2: Dimensions: 16x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 15x13, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Main Level Sq Ft: 958
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 760

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 9x9
  • Outbuilding2: Shed, Dimensions: 13x9, 117

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x36
  • Garage Sq Ft: 864
  • Garage: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: East Noble Schools
  • Elementary School: Wayne Center
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: Wayne Center

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 1.03 ac
  • Estimated Lot Sq Ft: 44867
  • Estimated Lot Size Acres: 1.03

Tax Info

  • Annual Taxes: 380
  • Total Assessed Value: 95500
  • Exemptions: Homestead, Mortgage, Supplemental

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
Oct 7, 2017
Closed on
Mar 19, 2018
Sold by
Teders Theodore A
Bought by
Carrillo Guzman
Seller's Agent
Dani Rittermeyer
Always Real Estate, LLC
Buyer's Agent
Jennifer Streich
Hosler Realty Inc - Kendallville
List Price
$87,000
Sold Price
$75,000
Premium/Discount to List
-$12,000
-13.79%
Current Estimated Value
$200,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,856
Avg. Annual Appreciation
13.03%
Original Mortgage
$71,250
Outstanding Balance
$61,631
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$123,848
Source: Public Records

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
Carrillo Guzman $89,062 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo Guzman $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $75,000 -13.8% $47 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
10/07/2017 10/07/17 For Sale $87,000 -- $54 / 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 $503 $125,000 $32,000 $93,000
2023 $548 $115,500 $29,100 $86,400
2022 $493 $114,300 $27,900 $86,400
2021 $465 $106,700 $27,900 $78,800
2020 $450 $97,200 $24,100 $73,100
2019 $482 $97,900 $24,100 $73,800
2018 $455 $95,200 $24,100 $71,100
2017 $436 $96,200 $24,100 $72,100
2016 $418 $95,500 $24,100 $71,400
2014 $363 $89,600 $24,100 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201746291

Indiana Regional MLS

APN: 570720200005000019