NOT LISTED FOR SALE

Colonial Bay 1725 Colonial Dr Unit 29 Rochester, IN 46975

Estimated Value: $262,991 - $312,000

2 Beds
2 Baths
1,188 Sq Ft
$141/ mo HOA Fee

Last Sold August 24, 2015

Last sale price $156,000 $131 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,984/month

344 Days on Market

Highlights

  • Lake Front
  • Primary Bedroom Suite
  • Dock Rights
  • Pier or Dock
  • Lake Property
  • Corner Lot

About This Home

As of August 2015

One of only four, corner ground-floor condominiums at Colonial Bay. Arguably, the best location and view of any unit! Remodeled 2BR, 2 Full Baths with upgraded, neutral decor. New furnace, C/A, windows and patio door. Excellent floor plan with one large living/dining space. Located right next to swimming pool, grill and visitor parking!

Last Agent to Sell the Property

Abigail Renie

LAKESHORE RLTRS, INCR Listed on: 08/25/2014

Last Buyer's Agent

Abigail Renie

LAKESHORE RLTRS, INCR Listed on: 08/25/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $819

Year Built

  • Built in 1980

Lot Details

  • Lake Front

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-07-09-440-029.000-009

Community Details

Recreation

  • Pier or Dock
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$819

Year Built

Built in 1980

Lot Details

1 Acres

HOA Fees

$141 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1980
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cove Point Condominium Home #29
  • Parcel Number ID: 25-07-09-440-029.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Patio Covered, Main Level Bedroom Suite
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1188
  • Total Finished Sq Ft: 1188
  • Above Grade Finished Sq Ft: 1188
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 16x24, On Level: Main
  • Kitchen: Dimensions: 9x8
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 12x12, 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: Boat Docking Rights, Pier/Dock Available
  • Water Name: Lake Manitou

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1687
  • Association Fees Frequency: Annually
  • Common Amenities: Swimming Pool

Green Features

  • Energy Efficient: Doors, Windows

Lot Info

  • Lot Description: Corner, Waterfront, Lake

Tax Info

  • Annual Taxes: 818.8
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Aug 21, 2015
Sold by
Hugh Leeman
Bought by
Carr John W and Carr Cynthia S
Seller's Agent
Abigail Renie
LAKESHORE RLTRS, INCR
Buyer's Agent
Abigail Renie
LAKESHORE RLTRS, INCR
List Price
$195,000
Sold Price
$156,000
Premium/Discount to List
-$39,000
-20%
Current Estimated Value
$288,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,248
Avg. Annual Appreciation
5.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carr John W $156,000 Fretz Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2015 08/24/15 Sold $156,000 -20.0% $131 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
08/25/2014 08/25/14 For Sale $195,000 -- $164 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,120 $249,300 $27,200 $222,100
2024 $4,120 $206,000 $27,200 $178,800
2023 $3,828 $191,400 $27,200 $164,200
2022 $3,532 $176,600 $27,200 $149,400
2021 $3,126 $156,300 $25,000 $131,300
2020 $3,202 $160,100 $25,000 $135,100
2019 $2,844 $142,200 $25,000 $117,200
2018 $2,732 $136,600 $25,000 $111,600
2017 $2,694 $134,700 $25,000 $109,700
2016 $2,694 $134,700 $25,000 $109,700
2014 $906 $136,100 $25,000 $111,100
2013 $906 $133,600 $25,000 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201437448

Indiana Regional MLS

APN: 25-07-09-440-029.000-009

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