NOT LISTED FOR SALE

16211 Bull Rapids Rd Grabill, IN 46741

Estimated Value: $428,000 - $447,000

4 Beds
4 Baths
2,690 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $230,000 $86 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,713/month

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • Fireplace in Basement
  • Level Lot
  • Cedarville Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

This home has 4 acres, bedrooms, & bathrooms! The walkout basement overlooks a quiet and calm setting in the country. Curl up by the fireplace in the basement and stay warm this winter. Outside- deck and also extra storage, outbuilding has electric ran to the building, need to install the electrical box. Home has wood flooring in the kitchen, new ceramic tile in bathrooms and backup generator. Also, Seller is providing a Home Warranty!

Last Listed By

Loren McKnight

Coldwell Banker Real Estate Group Listed on: 01/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 2000

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 435x400
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-04-16-200-011.000-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2000
  • Age: 18
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: S 400 Of N 760 Of E 435.60 Ft Ne 1/4 Sec 16 |
  • Parcel Number ID: 02-04-16-200-011.000-062
  • Platted: Yes
  • Improvmnts In Last5 Yrs: Yes
  • Sp Lp Percent: 102.27
  • Special Features: None

Interior Features

  • Total Sq Ft: 2690
  • Total Finished Sq Ft: 2690
  • Above Grade Finished Sq Ft: 1960
  • Below Grade Finished Sq Ft: 730
  • Price Per Sq Ft: 117.35
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Basement
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x14, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 38x14, On Level: Lower
  • Bedroom 1: Dimensions: 14x15, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 20x16, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 730

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 18x24

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x23
  • Garage Sq Ft: 460
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 435x400
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 1633
  • Total Assessed Value: 193300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2020
Sold by
Ford-Book Casey G
Bought by
Schmucker Jesse L and Schmucker Margaret A
Total Days on Market
3
Current Estimated Value
$436,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$194,475
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$258,477

Purchase Details

Closed on
Jan 8, 2020
Sold by
Ford Book Casey G and Book Jacob Lee
Bought by
Schmucker Jesse L and Schmucker Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$194,475
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$258,477

Purchase Details

Listed on
Jan 6, 2018
Closed on
Jan 31, 2018
Sold by
Timothy
Bought by
Casey and Jacob
Seller's Agent
Loren McKnight
Coldwell Banker Real Estate Group
Buyer's Agent
Erika Wise
Century 21 Bradley-Angola
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$218,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2018
Closed on
Jan 30, 2018
Sold by
Bobay Timothy Lynn
Bought by
Ford Casey G and Book Jacob Lee
Seller's Agent
Loren McKnight
Coldwell Banker Real Estate Group
Buyer's Agent
Erika Wise
Century 21 Bradley-Angola
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2013
Sold by
Bobay Vikki Sue
Bought by
Bobay Timothy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bobay Timothy L and Bobay Vikki S
Bought by
Bobay Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Eicher Norman and Eicher Rosanna
Bought by
Bobay Timothy L and Bobay Vikki S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

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
Schmucker Jesse L $287,280 Metropolitan Title
Schmucker Jesse L -- Metropolitan Title Of In Llc
Casey $230,000 --
Ford Casey G -- Fidelity National Title Co L
Bobay Timothy Lynn -- None Available
Bobay Timothy L -- Lawyers Title
Bobay Timothy L -- Riverbend Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmucker Jesse L $0
Open Schmucker Jesse L $27,000
Open Schmucker Jesse L $216,000
Closed Schmucker Jesse L $216,000
Closed Schmucker Jesse L $216,000
Closed Schmucker Jesse L $216,000
Previous Owner Book Jacob Lee $223,000
Previous Owner Ford Casey G $218,500
Previous Owner Bobay Timothy L $192,000
Previous Owner Bobay Timothy L $194,750
Previous Owner Bobay Timothy L $197,900
Previous Owner Eicher Norman $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $230,000 +2.3% $86 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $224,900 -- $84 / 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 $3,349 $379,200 $63,900 $315,300
2022 $3,164 $343,600 $63,900 $279,700
2021 $2,943 $304,700 $63,900 $240,800
2020 $2,289 $258,400 $63,900 $194,500
2019 $2,008 $247,700 $63,900 $183,800
2018 $1,794 $220,100 $63,900 $156,200
2017 $1,752 $207,600 $63,900 $143,700
2016 $1,633 $193,300 $63,900 $129,400
2014 $1,773 $203,800 $63,900 $139,900
2013 $1,712 $197,500 $63,900 $133,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201800738

Indiana Regional MLS

APN: 02-04-16-200-011.000-062