NOT LISTED FOR SALE

1740 County Road 27 Waterloo, IN 46793

Estimated Value: $266,000 - $380,758

4 Beds
2.5 Baths
2,559 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2022

Last sale price $1,555,000 $608 Per Sq Ft

Current estimated payment $1,969 / mo

58 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake, Pond or Stream
  • 2 Car Attached Garage
  • 122 Acre Lot
  • Partially Wooded Lot
  • Tile Flooring

About This Home

As of August 2022

Sitting just north of Fort Wayne, Indiana in Dekalb County is this 122 +/- acre property that offers recreational, tillable income, and rural living opportunity. With Indiana properties being divided into smaller acre parcels with increasing frequency, it is more difficult to find bigger tracts of land like this one. On this secluded property sits a spacious 2,559 Sq Ft home built in 2003 with 4 beds and 2.5 baths. The living room has 20' cathedral ceilings with a lofted second story. The huge kitchen has stainless steel appliances, granite countertops, tiled flooring, and a large island. New granite counter tops are in the master bath and upstairs bath; both baths have his and her sinks. The house is energy efficient with Andersen windows, a geothermal unit, double insulation, a new water softener, and new appliances. There's plenty of storage with the two-car garage and the 30'X40" insulated pole building. Outside you will find a lean-to, garden, and pond. This property has all the best recreational qualities to it, including hunting, trail riding, birdwatching, fishing, camping, and more. The property offers a 60' access to Cedar Lake. This tract consists of approximately 60 acres tillable, and 62 acres wooded (2-acre home site).

Last Agent to Sell the Property

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 04/18/2022

Last Buyer's Agent

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 04/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2003

Lot Details

  • 122 Acre Lot
  • Lot Dimensions are 1200' x 2600'
  • 60 Feet of Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,559 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Waterloo Elementary School
  • Dekalb Middle School
  • Dekalb High School

Utilities

  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 17-02-30-200-006.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 2003

Lot Details

122 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2003
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 4 Parcel Numbers - 17-02-30-200-006.000-018, 17-02-30-200-010.000-018, 17-02-30-200-011.000-018, 17-02-30-200-012.000-018 Brief Legal - Pt Ne 1/4 0
  • Parcel Number ID: 17-02-30-200-006.000-018
  • Platted: Yes
  • Location: Rural
  • Parcel Id2: 17-02-30-200-010.000-018
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2559
  • Total Finished Sq Ft: 2559
  • Above Grade Finished Sq Ft: 2559
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Kitchen: Dimensions: 26x15, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Den: On Level: Main
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 17x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None, Dimensions: 40x30, 1200
  • Water Frontage: 60
  • Water Name: Cedar Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx12
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Waterloo

Lot Info

  • Lot Description: Partially Wooded, Rolling, Waterfront
  • Lot Dimensions: 1200' X 2600'
  • Estimated Lot Sq Ft: 5357880
  • Estimated Lot Size Acres: 122

Tax Info

  • Annual Taxes: 2563

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Dekalb
  • Middle School: Dekalb
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Schmucker Melvin
Bought by
Lopez Lucia Romero
Current Estimated Value
$346,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$202,806
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$143,384

Purchase Details

Listed on
Apr 18, 2022
Closed on
Aug 8, 2022
Sold by
Elizabeth Martin Alice
Bought by
Schmucker Melvin and Schmucker Marvin
Seller's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
Buyer's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
List Price
$1,625,000
Sold Price
$1,555,000
Premium/Discount to List
-$70,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.37%
Original Mortgage
$745,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lopez Lucia Romero -- --
Schmucker Melvin -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lucia Romero $210,000
Previous Owner Schmucker Melvin $745,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $1,555,000 -4.3% $608 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $1,625,000 -- $635 / 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 $1,609 $336,300 $40,400 $295,900
2024 $1,528 $326,500 $38,900 $287,600
2023 $1,364 $319,300 $36,600 $282,700
2022 $1,420 $289,100 $32,800 $256,300
2021 $1,411 $275,200 $32,800 $242,400
2020 $1,376 $273,000 $27,800 $245,200
2019 $1,431 $275,800 $27,800 $248,000
2018 $1,385 $237,100 $32,300 $204,800
2017 $1,443 $231,800 $32,300 $199,500
2016 $1,366 $229,800 $32,300 $197,500
2014 $1,469 $212,000 $32,300 $179,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202213456

Indiana Regional MLS

APN: 17-02-30-200-011.000-018

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