NOT LISTED FOR SALE

16807 Painter Rd Leo, IN 46765

Estimated Value: $702,000 - $988,000

3 Beds
2.5 Baths
2,655 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $685,000 $258 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,117/month

47 Days on Market

Highlights

  • 20.11 Acre Lot
  • Radiant Floor
  • Utility Room in Garage
  • Cedarville Elementary School Rated A-
  • Traditional Architecture
  • Porch

About This Home

As of August 2021

This one has it all! This three-bedroom, two and a half bath home is country living at its finest. Located just outside of Leo sitting on 20 acres of privacy, it’s an equestrian dream come true. Enjoy the wildlife in the huge Florida room, heated Italian marble floors, master en-suite, family room, living room and an additional recreation room and office in the basement offering another option for an additional bedroom. The property also has three additional out buildings, a 30x30 heated garage perfect for the hotrods, a 30x60 heated shop with office space and a bathroom, a 20x30 storage area attached to the 30x54 horse facility that includes 8 rubber matted stalls all with runs to the pasture. If the 20 acres of riding room doesn’t do it, the 60x150 indoor riding arena may. The perfect property for riding horses, utv’s and atv’s. It also includes its own private pond with a white sand beach and a volley ball sand court. Don’t miss your chance to own your own paradise!

Last Agent to Sell the Property

Weston Hankey

Mike Thomas Associates Listed on: 06/12/2021

Mike Thomas Associates

Last Buyer's Agent

Regi Miller

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1993

Lot Details

  • 20.11 Acre Lot
  • Lot Dimensions are 668x1304
  • Rural Setting
  • Electric Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Utility Room in Garage
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

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

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

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

Additional Features

  • Porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 02-03-09-300-008.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,100

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1993
  • Age: 28
  • Style: Bi-Level
  • Architectural Style: Traditional
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: S 660 FT NE 1/4 SW 1/4 SEC 9
  • Parcel Number ID: 02-03-09-300-008.000-042
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Closet(s) Walk-in, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Porch Open, Range/Oven Hook Up Elec, Washer Hook-Up, Garage Utilities
  • Location: Rural
  • Sp Lp Percent: 97.87
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2655
  • Total Finished Sq Ft: 2655
  • Above Grade Finished Sq Ft: 1812
  • Below Grade Finished Sq Ft: 843
  • Price Per Sq Ft: 378.04
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Ceramic Tile
  • Living Great Room: Dimensions: 16x17, On Level: Main
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Breakfast Room: Dimensions: 16x10, On Level: Main
  • Dining Room: Dimensions: 12x17, On Level: Main
  • Recreation Room: Dimensions: 17x17, On Level: Basement
  • Extra Room: Office, Dimensions: 10x10, On Level: Basement
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, 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: 843

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 30x30
  • Fence: Electric
  • Outbuilding2: Outbuilding, Dimensions: 30x60, 1800

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 31x23
  • Garage Sq Ft: 713
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Floor, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Basementx6, On Level: 8
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Pasture
  • Lot Dimensions: 668x1304
  • Estimated Lot Sq Ft: 875992
  • Estimated Lot Size Acres: 20.11

Tax Info

  • Annual Taxes: 7100

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
Jun 12, 2021
Closed on
Oct 7, 2021
Sold by
Schmucker Paul
Bought by
Schmucker Paul and Schmucker Mary Jane
Seller's Agent
Weston Hankey
Mike Thomas Associates
Buyer's Agent
Regi Miller
Mike Thomas Assoc., Inc
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%
Current Estimated Value
$829,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,078
Avg. Annual Appreciation
4.74%
Original Mortgage
$548,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 12, 2021
Closed on
Oct 1, 2021
Sold by
Mzr Investments Llc
Bought by
Schmucker Paul
Seller's Agent
Weston Hankey
Mike Thomas Associates
Buyer's Agent
Regi Miller
Mike Thomas Assoc., Inc
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 12, 2021
Closed on
Sep 22, 2021
Sold by
Mzr Investments Llc
Bought by
Schmucker Paul
Seller's Agent
Weston Hankey
Mike Thomas Associates
Buyer's Agent
Regi Miller
Mike Thomas Assoc., Inc
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 20, 2021
Sold by
Mills Carol and Hogan Cynthia A
Bought by
Mzr Investments Llc
Seller's Agent
Weston Hankey
Mike Thomas Associates
Buyer's Agent
Regi Miller
Mike Thomas Assoc., Inc
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 11, 2006
Sold by
Nahrwold Ricky T
Bought by
Mills Carol

Purchase Details

Closed on
Aug 24, 2005
Sold by
Nahrwold Ricky T and Nahrwold Cecelia A
Bought by
Nahrwold Ricky T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,500
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Paul -- Metropolitan Title Of In Llc
Schmucker Paul -- Metropolitan Title
Schmucker Paul $750,000 Metropolitan Title Of In Llc
Mzr Investments Llc -- Trademark Title
Mills Carol -- Lawyers Title
Nahrwold Ricky T -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mzr Investments Llc $548,000
Previous Owner Nahrwold Ricky T $356,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $685,000 -2.1% $258 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $699,900 -- $264 / 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 $8,666 $602,500 $213,700 $388,800
2023 $8,656 $524,700 $173,200 $351,500
2022 $7,919 $522,500 $172,300 $350,200
2021 $7,110 $434,700 $170,000 $264,700
2020 $7,153 $424,800 $169,900 $254,900
2019 $6,426 $424,400 $172,900 $251,500
2018 $6,501 $410,000 $152,400 $257,600
2017 $6,602 $397,900 $155,000 $242,900
2016 $6,574 $395,100 $156,100 $239,000
2014 $4,692 $402,400 $157,100 $245,300
2013 $4,596 $382,100 $154,000 $228,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202122489

Indiana Regional MLS

APN: 02-03-09-300-008.000-042