NOT LISTED FOR SALE

Colonial Bay 1725 Colonial Dr Unit 16 Rochester, IN 46975

Estimated Value: $309,000 - $334,000

3 Beds
1.5 Baths
1,368 Sq Ft
1 Acres

Last Sold June 17, 2022

Last sale price $300,000 $219 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,219/month

19 Days on Market

Highlights

  • Lake Front
  • Forced Air Heating and Cooling System
  • Electric Fireplace
  • Lake, Pond or Stream
  • Waterski or Wakeboard

About This Home

As of June 2022

Beautifully remodeled lakefront 3 bedroom 1 1/2 bath condo. Updated kitchen with granite countertops, stainless steel appliances, full bath with tile walk-in shower. All furnishings included. Move right in and start enjoying the lake. HOA quarterly fees are $527.76 which includes water, sewer, trash, landscaping, pool maintenance, and snow removal.

Last Agent to Sell the Property

Gwen Hornstein

Rochester Realty, LLC Listed on: 05/13/2022

Last Buyer's Agent

Shawn Reed

COLLINS and CO. REALTORS - CULVER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 1980

Lot Details

  • Lake Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,368 Sq Ft Home
  • Electric Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

  • Columbia / Riddle Elementary School
  • Rochester Middle School
  • Rochester High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 25-07-09-440-016.000-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,783

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1980
  • Age: 42
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Cove Point Condo 16
  • Parcel Number ID: 25-07-09-440-016.000-009
  • Platted: Yes
  • Sp Lp Percent: 92.31
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1368
  • Total Finished Sq Ft: 1368
  • Above Grade Finished Sq Ft: 1368
  • Price Per Sq Ft: 219.3
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Electric
  • Fireplace: Yes
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Upper
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Name: Lake Manitou

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: Lake

Schools

  • School District: Rochester Community School Corp.
  • Elementary School: Columbia / Riddle
  • Middle School: Rochester
  • High School: Rochester
  • Elementary School: Columbia / Riddle

Lot Info

  • Lot Description: Waterfront

Tax Info

  • Annual Taxes: 1782.6

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Rochester
  • Middle School: Rochester
  • School District: Rochester Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 3, 2021
Sold by
Carson Jesse P
Bought by
Teresa Hinkle
Seller's Agent
Kayla Speer
Allen Realty Group
Buyer's Agent
Hunter Curl
The Wyman Group
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%
Current Estimated Value
$320,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,932
Avg. Annual Appreciation
2.83%
Interest Rate
2.87%

Purchase Details

Listed on
Oct 25, 2017
Closed on
Apr 6, 2018
Sold by
Hazen H Ray
Bought by
Carson Jesse P
Seller's Agent
Lisa Goodman
LAKESHORE RLTRS, INCR
Buyer's Agent
Abigail Renie
LAKESHORE RLTRS, INCR
List Price
$194,500
Sold Price
$184,500
Premium/Discount to List
-$10,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Teresa Hinkle $295,000 --
Carson Jesse P $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Teresa Hinkle --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $300,000 -7.7% $219 / Sq Ft
05/13/2022 05/13/22 For Sale $325,000 +10.2% $238 / Sq Ft
09/03/2021 09/03/21 Sold $295,000 +1.8% $216 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $289,900 +57.1% $212 / Sq Ft
04/06/2018 04/06/18 Sold $184,500 -5.1% $135 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $194,500 -- $142 / 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 $5,652 $279,400 $27,200 $252,200
2023 $5,228 $261,400 $27,200 $234,200
2022 $1,762 $196,700 $27,200 $169,500
2021 $1,783 $185,200 $27,200 $158,000
2020 $3,794 $189,700 $27,200 $162,500
2019 $3,364 $168,200 $27,200 $141,000
2018 $1,444 $161,500 $27,200 $134,300
2017 $3,216 $160,800 $27,200 $133,600
2016 $3,216 $160,800 $27,200 $133,600
2014 $3,256 $162,800 $27,200 $135,600
2013 $3,256 $159,700 $27,200 $132,500
Source: Public Records

Agents Affiliated with this Home

  • Gwen Hornstein

    Seller's Agent in 2022

    Gwen Hornstein

    Rochester Realty, LLC

    (574) 835-0265

    159 in this area

    255 Total Sales

    Section Image
  • Shawn Reed

    Buyer's Agent in 2022

    Shawn Reed

    COLLINS and CO. REALTORS - CULVER

    (574) 229-6699

    2 in this area

    112 Total Sales

    Section Image

  • K

    Seller's Agent in 2021

    Kayla Speer

    Allen Realty Group

    (765) 460-5177

    4 in this area

    20 Total Sales

    Section Image

  • H

    Buyer's Agent in 2021

    Hunter Curl

    The Wyman Group

    Section Image
  • Lisa Goodman

    Seller's Agent in 2018

    Lisa Goodman

    LAKESHORE RLTRS, INCR

    (574) 835-0986

    74 in this area

    87 Total Sales

    Section Image
  • Abigail Renie

    Buyer's Agent in 2018

    Abigail Renie

    LAKESHORE RLTRS, INCR

    (574) 835-1143

    51 in this area

    59 Total Sales

    Section Image
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About Colonial Bay

Map

Source: Indiana Regional MLS

MLS Number: 202218003

Indiana Regional MLS

APN: 25-07-09-440-016.000-009

Indiana Fulton County Rochester 46975

1725 Colonial Dr Unit 16, Rochester, IN

This home is located at 1725 Colonial Dr Unit 16, Rochester, IN 46975 since 13 May 2022 and is currently estimated at $325,556, approximately $237 per square foot. This property was built in 1980. 1725 Colonial Dr Unit 16 is a home located in Fulton County with nearby schools including Columbia Elementary School, George M. Riddle Elementary School, and Rochester Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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