NOT LISTED FOR SALE

14811 Leo Rd Leo, IN 46765

Estimated Value: $150,000 - $197,000

3 Beds
1 Bath
936 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $90,000 $96 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,170/month

91 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Bungalow
  • Central Air
  • Cedarville Elementary School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of March 2020

MOTIVATED SELLER! PRICE REDUCED! – Make an Offer! This home comes with more opportunity than just a place for you to live. You can run your business here or both! It is a 1929 craftsman bungalow with details and charm remaining! The home hosts three bedrooms - all three split! A living room and dining room in addition to the kitchen and bathroom on the main level. The basement has endless possibilities. You can have a workshop, a second living space, a rec room and ample storage! The laundry is in the basement where there are daylight windows. This home has had a complete roof tear off and was redecked in 2009. The kitchen went through a full remodel in 2011 with new cabinets, plumbing, electrical and countertops; all floors were refinished in 2011 as well. All appliances stay: refrigerator, stove and oven. Home had a new high efficiency furnace and air conditioning installed in 2009. The bathroom went through a remodel, but still needs the bathtub replaced. The yard is large and has a detached one and a half car extra deep garage. The land was recently rezonned downtown commercial. This home can remain a residence, a rental or used/removed for a business. This home is a great investment opportunity!

Last Agent to Sell the Property

Barry Sturges

Sturges Property Group Listed on: 08/27/2019

Last Buyer's Agent

Barry Sturges

Sturges Property Group Listed on: 08/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1929

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 106'x110'
  • Level Lot
  • Property is zoned C1, DC - Downtown Commercial

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Private Company Owned Well
  • Well

Community Details

  • Cedar Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-03-22-127-013.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1929
  • Age: 90
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: The property is currently a single-family residence with a detached one-car garage. The site is .10 miles south of Hosler Rd and within walking distance to Leo Elementary School.
  • Parcel Number ID: 02-03-22-127-013.000-082
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 83.33
  • Zoning Description: DC - Downtown Commercial
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2808
  • Total Finished Sq Ft: 936
  • Above Grade Finished Sq Ft: 936
  • Above Grade Unfinished Sq Ft: 936
  • Below Grade Sq Ft: 936
  • Price Per Sq Ft: 96.15
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 936

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 24x18
  • Garage Sq Ft: 432
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: Well
  • 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: Level
  • Lot Dimensions: 106'x110'
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 1510.8

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
Aug 27, 2019
Closed on
Jan 21, 2020
Sold by
Maneac Llc
Bought by
Mccann Dominick and King Angela C
Seller's Agent
Barry Sturges
Sturges Property Group
Buyer's Agent
Barry Sturges
Sturges Property Group
List Price
$150,000
Sold Price
$90,000
Premium/Discount to List
-$60,000
-40%
Current Estimated Value
$178,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,653
Avg. Annual Appreciation
12.41%

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jan 17, 2020
Sold by
Maneac Llc
Bought by
Mccann Dominick and King Angela C
Seller's Agent
Barry Sturges
Sturges Property Group
Buyer's Agent
Barry Sturges
Sturges Property Group
List Price
$150,000
Sold Price
$90,000
Premium/Discount to List
-$60,000
-40%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Nedd Aaron E
Bought by
Maneac Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.65%

Purchase Details

Closed on
Aug 8, 2003
Sold by
Lederman L Cornell
Bought by
Nedd Aaron E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
5.69%
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
Mccann Dominick -- Titan Title Services
Lewis Linda L -- Titan Title Services
Mccann Dominick $90,000 Titan Title Services Llc
Lewis Linda L $90,000 Titan Title Services Llc
Maneac Llc -- None Available
Nedd Aaron E -- Commonwealth/Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maneac Llc $45,000
Previous Owner Nedd Aaron E $64,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $90,000 -16.7% $96 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $108,000 -8.1% $115 / Sq Ft
09/23/2019 09/23/19 Price Changed $117,500 -16.1% $126 / Sq Ft
09/05/2019 09/05/19 Price Changed $140,000 -6.7% $150 / Sq Ft
08/27/2019 08/27/19 For Sale $150,000 -- $160 / 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 $2,665 $159,300 $33,300 $126,000
2022 $2,190 $120,800 $28,200 $92,600
2021 $1,855 $105,500 $28,200 $77,300
2020 $1,835 $101,800 $28,200 $73,600
2019 $1,688 $95,400 $28,200 $67,200
2018 $1,594 $86,400 $21,000 $65,400
2017 $1,511 $79,500 $21,000 $58,500
2016 $1,428 $75,300 $21,000 $54,300
2014 $276 $70,100 $21,000 $49,100
2013 $286 $71,100 $21,000 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201937560

Indiana Regional MLS

APN: 02-03-22-127-013.000-082