NOT LISTED FOR SALE

Colonial Bay 1725 Colonial Dr Unit 6 Rochester, IN 46975

Estimated Value: $292,000 - $382,000

3 Beds
2 Baths
1,340 Sq Ft
1 Acres

Last Sold January 08, 2016

Last sale price $150,000 $112 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,056/month

654 Days on Market

Highlights

  • 18 Feet of Waterfront
  • Community Pool
  • Tile Flooring
  • Lake Property
  • Covered Patio or Porch
  • En-Suite Primary Bedroom

About This Home

As of January 2016

Ground floor condominium; 2012 Quartz countertop; Appliances stay; Ceramic flooring in kitchen; Oak cabinets; All mechanicals well maintained; 3 BR, 2 baths; 2 patios w/storage room; Move in & have fun!

Last Agent to Sell the Property

STEVE GOTTSCHALK

Listing Leaders, NCI-Rochester Listed on: 03/14/2014

Last Buyer's Agent

STEVE GOTTSCHALK

Listing Leaders, NCI-Rochester Listed on: 03/14/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1980

Lot Details

  • 1

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

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

Additional Features

  • 18 Feet of Waterfront
  • Forced Air Heating and Cooling System

Community Details

  • Waterfront Owned by Association
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 25-07-09-440-006.000-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,060

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1980
  • Age: 35
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cove Point Condo Home #6 + Carport #10
  • Parcel Number ID: 25-07-09-440-006.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Patio Covered, Main Floor Laundry
  • Location: Lake, Within 1 Mile to Airport
  • Sp Lp Percent: 81.08
  • Special Features: None

Interior Features

  • Total Sq Ft: 1340
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1340
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 11x7, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Lake Type: Ski Lake
  • Water Features: Assoc
  • Water Frontage: 18
  • Water Name: Lake Manitou

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fees: 1687
  • Common Amenities: Swimming Pool

Schools

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

Lot Info

  • Lot Description: Waterfront

Tax Info

  • Annual Taxes: 3060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
Jan 8, 2016
Sold by
Martha A Quinn
Bought by
Robert E Ratchford
Seller's Agent
STEVE GOTTSCHALK
Listing Leaders, NCI-Rochester
Buyer's Agent
STEVE GOTTSCHALK
Listing Leaders, NCI-Rochester
List Price
$205,000
Sold Price
$150,000
Premium/Discount to List
-$55,000
-26.83%
Current Estimated Value
$303,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,518
Avg. Annual Appreciation
7.53%
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
Robert E Ratchford $150,000 Fretz Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $150,000 -26.8% $112 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
03/14/2014 03/14/14 For Sale $205,000 -- $153 / 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 $4,820 $237,800 $27,200 $210,600
2023 $2,575 $220,700 $27,200 $193,500
2022 $4,066 $203,300 $27,200 $176,100
2021 $3,570 $178,500 $27,200 $151,300
2020 $3,656 $182,800 $27,200 $155,600
2019 $3,246 $162,300 $27,200 $135,100
2018 $3,118 $155,900 $27,200 $128,700
2017 $3,084 $154,200 $27,200 $127,000
2016 $3,084 $154,200 $27,200 $127,000
2014 $3,122 $156,100 $27,200 $128,900
2013 $3,122 $153,000 $27,200 $125,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201407108

Indiana Regional MLS

APN: 25-07-09-440-006.000-009