NOT LISTED FOR SALE

16601 Pine Ridge Pass Leo, IN 46765

Estimated Value: $553,000 - $784,000

5 Beds
4.5 Baths
5,922 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $475,000 $80 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,270/month

136 Days on Market

Highlights

  • Living Room with Fireplace
  • Vaulted Ceiling
  • Traditional Architecture
  • Cedar Canyon Elementary School Rated A-
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of July 2018

OPEN HOUSE SUNDAY 5/06, 1-3 PM....Come home to your estate in the prestigious neighborhood of The Preserve. This home boasts of nearly 6,000 finished square feet, 5 bedrooms, 4.5 baths and sits on over 2 acres of a partially wooded lot and has 2 master bedrooms! You will be welcomed in the home with a 2 story foyer which has a Romeo and Juliet balcony overlooking the vaulted great room with a view of the backyard. The main floor offers a master suite, private office, the great room, formal dining and family/hearth room adjacent to the fabulous kitchen. All of this and with an open concept! The kitchen is a chef's dream boasting a 13 foot ceiling, custom cabinetry, granite counters, stainless appliances and 2 pantry's. This property offers a full, finished walk-out basement complete with a wet bar, finished with custom cabinetry and granite counters. There is tremendous storage in the 3 car garage, attic storage and storage room i the basement. The back of the property offers a deck, the width of the home, overlooking the backyard, ideal for watching wildlife. Upgrades include: hardwood floors ceramic tile, granite, crown molding and custom trim work, new disposal and dishwasher. This home has a Leo address but is located in the NWAC school district. This property is conveniently located to PRMC, the new Cancer Center, restaurants, schools and I69.

Last Listed By

Sonia Radcliff

Uptown Realty Group Listed on: 01/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 2005

Lot Details

  • 2.4 Acre Lot
  • Lot Dimensions are 190.55 x 523.98 x 185.31 x 548.98
  • Landscaped
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Security System

Kitchen

  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-12-300-020.000-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 13
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 15
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: FRL 549.13 X FRL 190 FT TR E OF I-69 BEING 814.62 FT E & 807.63 FT NE OF SW COR SW 1/4 SEC 12 |
  • Parcel Number ID: 02-02-12-300-020.000-057
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Attic Storage, Balcony, Built-In Speaker System, Ceiling Fan(s), Ceilings-Vaulted, Central Vacuum System, Closet(s) Walk-in, Crown Molding, Deck Open, Disposal, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Jet Tub, Kitchen Island, Landscaped, Patio Covered, Porch Covered, Six Panel Doors, Stand Up Shower, Formal Dining Room, Main Floor Laundry, Sump Pump
  • Cross Street: Vandolah
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 95.02
  • Special Features: None

Interior Features

  • Total Sq Ft: 5922
  • Total Finished Sq Ft: 5922
  • Above Grade Finished Sq Ft: 3667
  • Below Grade Finished Sq Ft: 2255
  • Price Per Sq Ft: 129.53
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 3
  • Fireplace: Family Rm, Living/Great Rm, Rec Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 22x18, On Level: Main
  • Kitchen: Dimensions: 20x16, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 21x16, On Level: Main
  • Den: Dimensions: 13x12, On Level: Main
  • Recreation Room: Dimensions: 25x16, On Level: Lower
  • Extra Room: Rec Rm, Dimensions: 18x14, On Level: Lower
  • Bedroom 1: Dimensions: 20x14, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 16x14, On Level: Upper
  • Bedroom 4: Dimensions: 17x16, On Level: Lower
  • Bedroom 5: Dimensions: 15x13, On Level: Lower
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2255

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 35x23
  • Garage Sq Ft: 805
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx8, On Level: 8
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 500
  • Association Fees Frequency: Annually

Schools

  • School District: Northwest Allen County
  • Elementary School: Cedar Canyon
  • Middle School: Maple Creek
  • High School: Carroll

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 190.55 x 523.98 x 185.31 x 548.98
  • Estimated Lot Sq Ft: 104544
  • Estimated Lot Size Acres: 2.401

Tax Info

  • Annual Taxes: 4565
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jul 25, 2018
Sold by
Bitner Christine M
Bought by
Reese Jeffrey A and Young Reese Holly R
Seller's Agent
Sonia Radcliff
Uptown Realty Group
Buyer's Agent
John Sullivan
RE/MAX Results
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Total Days on Market
136
Current Estimated Value
$696,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,264
Avg. Annual Appreciation
5.92%
Original Mortgage
$365,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2012
Sold by
Bitner Robert C and Bitner Christine M
Bought by
Bitner Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2008
Sold by
Property Asset Management Inc
Bought by
Bitner Robert C and Bitner Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,960
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2008
Sold by
Mckenzie Leonard C and Mckenzie Marcalena
Bought by
Property Asset Management Inc

Purchase Details

Closed on
Sep 29, 2004
Sold by
Straw Chris R and Straw Michelle L
Bought by
Mckenzie Leonard C and Mckenzie Marcalena

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
Reese Jeffrey A $475,000 Renaissance Title
Bitner Christine M -- Placer Title Company
Bitner Robert C -- Statewide Title Company Inc
Property Asset Management Inc $308,000 None Available
Mckenzie Leonard C -- Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Jeffrey A $200,000
Open Reese Jeffrey A $359,000
Closed Reese Jeffrey A $365,000
Previous Owner Bitner Christine M $301,000
Previous Owner Bitner Robert C $308,000
Previous Owner Bitner Christine M $38,960
Previous Owner Bitner Robert C $312,000
Previous Owner Mckenzie Leonard C $595,000
Previous Owner Mckenzie Leonard C $500,500
Previous Owner Mckenzie Leonard C $420,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $475,000 -5.0% $80 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $499,900 -9.1% $84 / Sq Ft
01/10/2018 01/10/18 For Sale $550,000 -- $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 $4,188 $523,000 $54,400 $468,600
2023 $4,188 $515,500 $54,400 $461,100
2022 $4,507 $542,500 $54,400 $488,100
2021 $5,279 $587,300 $54,400 $532,900
2020 $4,866 $529,000 $54,400 $474,600
2019 $4,849 $511,600 $54,400 $457,200
2018 $4,449 $464,700 $54,400 $410,300
2017 $4,373 $434,400 $54,400 $380,000
2016 $4,565 $447,900 $54,400 $393,500
2014 $4,468 $436,300 $54,400 $381,900
2013 $4,045 $392,600 $54,400 $338,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201801174

Indiana Regional MLS

APN: 02-02-12-300-020.000-057