$375,000
SOLD JUN 21, 2013

20 Forest Bay Ln Cicero, IN 46034

3 Beds
3 Baths
3,196 Sq Ft
2.1 Acres

Recently Sold

$117 Per Sq Ft

21% Below List Price

3 Days on Market

About This Home

As of August 2024

Home sits on 2.1 acre wooded lot with over 600' of water frontage on the main body of Morse Lake! This 3000sq foot lakefront retreat will make you feel miles away from reality! High ceilings, walk out bsmt, beautiful screened porch & lg 3 car garage are just a few of the homes features. Lot has endless potential and would be the perfect site for a waterfront estate. Deep water location on Morse with newer dock, walkway & floating lift. With a little TLC there is instant equity in this property!

Last Agent to Sell the Property

Andy Sheets

Compass Indiana, LLC License #RB14042313 Listed on: 05/22/2013

Compass Indiana, LLC

Last Buyer's Agent

James Junkins

Indy's Performance Team Realty License #RB14038692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,816

Year Built

  • 1980

Bedrooms and Bathrooms

  • Jack-and-Jill Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,816

Year Built

1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: SR32 to Little Chicago Rd. North on Little Chicago Rd to Carrigan. Right or East on Carrigan Rd to Schulley Rd. North on Schulley to Forest Bay Lane.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: FOREST BAY
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Appliances: Dishwasher, MicroHood, Microwave, Electric Oven, Refrigerator
  • Has Basement: Daylight/Lookout Windows, Finished, Walk Out
  • Fireplace Features: Great Room, Recreation Room
  • Areas Interior: Bath Jack-n-Jill
  • Eating Area: Breakfast Room,Dining Combo/Great Room,Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1598
  • Main Level Sq Ft: 1598
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level,Porch,Closet Walk in
  • Below Grade Sq Ft: 1598
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Walk Out Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Raised Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Wet Bar
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Driveway Asphalt, Fire Pit, Storage
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Patio
  • Construction Type: Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Wood Stove
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 1-3 Acres
  • Lot Information: Dock Owned,Lakefront,On Reservoir
  • Lot Number: 20
  • Lot Size: 2.1

Tax Info

  • Semi Annual Property Tax Amt: 2908
  • Tax Exemption: None
  • Tax Annual Amount: 5816
  • Tax Year: 2012

MLS Schools

  • School District: Hamilton Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 12, 2024
Sold by
Welcome To Grey House Llc
Bought by
Myers Donald R and Myers Sandra K
Seller's Agent
Stormy Mayo
Honor Realty LLC
Buyer's Agent
Deb Polise
Berkshire Hathaway Home
List Price
$2,290,000
Sold Price
$2,215,000
Premium/Discount to List
-$75,000
-3.28%
Views
99
Current Estimated Value
$2,347,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,604
Avg. Annual Appreciation
1.54%
Original Mortgage
$1,215,000
Outstanding Balance
$1,205,607
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,042,140

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 7, 2022
Sold by
Larry W Robertson Revocable Trust and Robertson Larry W
Bought by
Welcome To Grey House Llc
Seller's Agent
Alana Robertson
Ethosity Property Management G
Buyer's Agent
Lisa Stokes-Bear
CENTURY 21 Scheetz
List Price
$1,900,000
Sold Price
$2,000,000
Premium/Discount to List
$100,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$825,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 24, 2021
Sold by
Larry W Robertson Revocable Trust
Bought by
Welcome To Grey House Llc
Seller's Agent
Alana Robertson
Ethosity Property Management G
Buyer's Agent
Lisa Stokes-Bear
CENTURY 21 Scheetz
List Price
$1,900,000
Sold Price
$2,000,000
Premium/Discount to List
$100,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2015
Sold by
Us Bank Na
Bought by
Robertson Alana and Robertson Larry

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 21, 2013
Sold by
The Eichhorn Family Trust
Bought by
Robertson Larry W
Seller's Agent
Andy Sheets
Compass Indiana, LLC
Buyer's Agent
James Junkins
Indy's Performance Team Realty
List Price
$474,900
Sold Price
$375,000
Premium/Discount to List
-$99,900
-21.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Sep 15, 2009
Sold by
Eichhorn Victor A and Eichhorn Gregory F
Bought by
Eichhorn Daniel R and Eichhorn Carole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 2002
Sold by
Eichhorn Daniel R
Bought by
Eichhorn Daniel R and Eichhorn Carole L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,215,000 Meridian Title
Deed -- Drake Andrew R
Deed $2,000,000 Drake Andrew R
Special Warranty Deed -- Servicelink Llc
Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,215,000 New Conventional
Previous Owner $825,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $825,000 New Conventional
Previous Owner $5,000,000 Future Advance Clause Open End Mortgage
Previous Owner $125,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $2,215,000 -3.3% $442 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $2,290,000 0.0% $457 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $2,290,000 +14.5% $457 / Sq Ft
11/29/2021 11/29/21 Sold $2,000,000 +5.3% $618 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,900,000 +406.7% $587 / Sq Ft
06/21/2013 06/21/13 Sold $375,000 -21.0% $117 / Sq Ft
05/22/2013 05/22/13 For Sale $474,900 -- $149 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $28,257 $2,207,500 $510,000 $1,697,500
2023 $28,547 $1,750,100 $510,000 $1,240,100
2022 $11,143 $1,003,100 $347,700 $655,400
2021 $10,697 $954,400 $347,700 $606,700
2020 $10,689 $960,300 $347,700 $612,600
2019 $10,779 $974,700 $324,900 $649,800
2018 $10,056 $897,600 $324,900 $572,700
2017 $9,881 $896,600 $324,900 $571,700
2016 $9,970 $905,000 $324,900 $580,100
2014 $4,951 $294,900 $294,900 $0
2013 $4,951 $402,500 $294,900 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21233784

MIBOR Broker Listing Cooperative®

APN: 29-06-11-301-003.000-008