NOT LISTED FOR SALE

16619 Lima Rd Huntertown, IN 46748

Estimated Value: $216,000 - $334,000

2 Beds
2.5 Baths
1,344 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $170,000 $126 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,835/month

24 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • 2 Car Attached Garage
  • Carroll High School Rated A
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

***HANDY MAN SPECIAL*** Can you see yourself as a visionary or want a project of your own? If you're looking for an affordable starter home in the robust, growing Huntertown area this 2 bed 2 bath solidly built Ranch home on a full basement needing some TLC could be the blank canvas on which you can invest sweat equity and realize the value gained by a rising market. Adding to the value before you even raise a finger is that it is in the premier Northwest Allen School system on approx. .5 acre. [property is currently part of a larger parcel; new survey will provide exact dimensions & new legal description]. Possibilities & potential abound for the right person with imagination, determination, and patient perseverance to create a masterpiece. Existing appliances included, but not warranted. Inspections welcomed, being sold as-is.

Last Listed By

Tug Pierson

RE/MAX Results Brokerage Phone: 260-413-7218 Listed on: 01/16/2024

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1979

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Great Room
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Covered patio or porch

Schools

  • Huntertown Elementary School
  • Carroll Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Ceiling
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-02-07-477-003.000-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1979
  • Age: 45
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 3-7-1-074 N 150 of S 1066.5 of 400 W of Lima Rd SE 1/4 SEC 7
  • Parcel Number ID: 02-02-07-477-003.000-058
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Cable Ready, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Garage Door Opener, Home Warranty Included, Patio Open, Porch Covered, Great Room
  • Cross Street: W Cedar Canyons Rd
  • Section Number: 7
  • Sp Lp Percent: 97.14
  • Zoning Description: Residential
  • County Zoning: R1
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2688
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 1344
  • Price Per Sq Ft: 126.49
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 22x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1344

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Ceiling, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Basementx6, On Level: 8

Schools

  • School District: Northwest Allen County
  • Elementary School: Huntertown
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Huntertown

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 1295

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Feders Real Estate Llc
Bought by
Bolen Investments Llc
Total Days on Market
24
Current Estimated Value
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$236,456
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$38,544

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 28, 2024
Sold by
Feders Real Estate Llc
Bought by
Shotts Rylee
Seller's Agent
Tug Pierson
RE/MAX Results
Buyer's Agent
A.J. Sheehe
CENTURY 21 Bradley Realty, Inc
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.39%
Original Mortgage
$148,750
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2018
Sold by
Feders Meats Llc
Bought by
Feders Real Estate Llc

Purchase Details

Closed on
Jun 6, 2016
Sold by
Federspiel John M and Federspiel Michelle F
Bought by
Feders Meats Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,471
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 4, 2007
Sold by
Smith Lewis F and Smith Fred L
Bought by
Federspiel John M and Federspiel Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.72%
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
Bolen Investments Llc $275,000 Fidelity National Title
Shotts Rylee -- Fidelity National Title
Feders Real Estate Llc -- Liberty Title & Escrow Co
Feders Meats Llc -- None Available
Federspiel John M -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolen Investments Llc $240,000
Previous Owner Shotts Rylee $148,750
Previous Owner Feders Real Estate Llc $355,000
Previous Owner Feders Meats Llc $138,471
Previous Owner Federspiel John M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $170,000 -2.9% $126 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $175,000 0.0% $130 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $175,000 -- $130 / 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 $3,556 $424,800 $78,300 $346,500
2023 $7,112 $420,600 $78,300 $342,300
2022 $6,267 $406,300 $78,300 $328,000
2021 $2,428 $146,400 $35,500 $110,900
2020 $2,568 $147,300 $35,500 $111,800
2019 $2,761 $152,900 $36,500 $116,400
2018 $2,755 $150,400 $34,500 $115,900
2017 $2,920 $150,100 $41,600 $108,500
2016 $2,979 $148,300 $41,600 $106,700
2014 $2,913 $142,700 $40,100 $102,600
2013 $3,028 $146,200 $44,800 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202401852

Indiana Regional MLS

APN: 02-02-07-477-003.000-058