NOT LISTED FOR SALE

Colonial Bay 1725 Colonial Dr Unit 28 Rochester, IN 46975

Estimated Value: $274,000 - $386,000

2 Beds
2 Baths
1,204 Sq Ft
$137/mo HOA Fee

Last Sold April 29, 2016

Last sale price $149,000 $124 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,149/month

55 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Lake Property
  • Balcony
  • Primary Bedroom Suite
  • Community Pool
  • 1-Story Property

About This Home

As of April 2016

This is an upper, end unit; Overlooks pool and panoramic view of the lake; All appliances stay, including stack washer & dryer; PLUS Carport! Summer is around the corner - move in and enjoy immediately!

Last Agent to Sell the Property

Gwen Hornstein

Rochester Realty, LLC Listed on: 02/09/2016

Last Buyer's Agent

STEVE GOTTSCHALK

Listing Leaders, NCI-Rochester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1980

Lot Details

  • 40 Feet of Waterfront

HOA Fees

  • $137 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-07-09-440-028.000-009

Community Details

Recreation

  • Waterfront Owned by Association
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,100

Year Built

Built in 1980

Lot Details

0

HOA Fees

$137 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1980
  • Age: 36
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cove Point Condominium #28, Carport #18
  • Parcel Number ID: 25-07-09-440-028.000-009
  • Platted: Yes
  • Amenities: Balcony, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Lake
  • Sp Lp Percent: 93.71
  • Special Features: None

Interior Features

  • Total Sq Ft: 1204
  • Total Finished Sq Ft: 1204
  • Above Grade Finished Sq Ft: 1204
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x21, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 11x23, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Assoc
  • Water Frontage: 40
  • Water Name: Lake Manitou

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 17x10
  • Garage Sq Ft: 170

Utilities

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

Condo/Co-op/Association

  • Association Fees: 412
  • Association Fees Frequency: Quarterly
  • Common Amenities: Swimming Pool, Sidewalks

Schools

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

Lot Info

  • Lot Description: Waterfront-Level Bank

Tax Info

  • Annual Taxes: 1099.5
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Apr 29, 2016
Sold by
Mark A Porter
Bought by
Jennifer Daniel W and Jennifer Kappes Belcher
Seller's Agent
Gwen Hornstein
Rochester Realty, LLC
Buyer's Agent
STEVE GOTTSCHALK
Listing Leaders, NCI-Rochester
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%
Current Estimated Value
$295,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,969
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Phillip A Amerson
Bought by
Mark A Porter
Source: Public Records

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
Jennifer Daniel W $149,000 Fretz Abstract
Mark A Porter $148,500 Metropolitan Title Of Indiana
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $149,000 -6.3% $124 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $159,000 -- $132 / 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 $4,792 $236,400 $27,200 $209,200
2023 $4,386 $219,300 $27,200 $192,100
2022 $4,040 $202,000 $27,200 $174,800
2021 $3,454 $172,700 $23,400 $149,300
2020 $3,540 $177,000 $23,400 $153,600
2019 $3,136 $156,800 $23,400 $133,400
2018 $3,008 $150,400 $23,400 $127,000
2017 $2,974 $148,700 $23,400 $125,300
2016 $1,276 $148,700 $23,400 $125,300
2014 $1,100 $149,900 $23,400 $126,500
2013 $1,100 $147,000 $23,400 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201604946

Indiana Regional MLS

APN: 25-07-09-440-028.000-009