NOT LISTED FOR SALE

Estimated Value: $763,000 - $802,000

4 Beds
5 Baths
3,969 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $629,900 $159 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,778/month

111 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Homestead Senior High School Rated A
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of September 2021

MODEL HOME: OPEN EVERY SUNDAY 1-4PM or BY APPOINTMENT. Don't miss this custom built Bob Buescher Home in SW Allen County! This almost 4,000 sf two-story home with partially finished basement features an open concept living room, kitchen and dining area with an 8' island for entertaining. High-end finishes throughout with top-of-the-line Zehr cabinetry and quartz countertops. Situated on a quiet cul-de-sac in SWAC's newest subdivision, enjoy the outdoor space and a scenic view of the pond from a partially covered patio. The master has a large walk-in closet, pond views, and a walk-in custom shower. 95% efficient furnace and humidifier, a 3-car garage with extra storage space, and pre-wired for sound and security. Mercato is just across the street from SWAC's Covington and Woodside schools with easy access to The Trails, Hwy 14 and shopping. Don't miss this opportunity to be in a Bob Buescher custom home.

Last Agent to Sell the Property

Erin Poiry

Mike Thomas Assoc., Inc Listed on: 01/13/2021

Mike Thomas Assoc., Inc

Last Buyer's Agent

Craig Martin

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,699

Year Built

  • Built in 2021

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 136.54x48.27x143.04x117.45x110.07'
  • Waterfront
  • Backs to Open Ground
  • Cul-De-Sac

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Masonry Siding
  • Cement Board or Planked
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Storage In Attic
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Partially Finished Basement

  • 1 Bathroom in Basement
  • Natural lighting in basement

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

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

Community Details

  • Built by Bob Buescher Homes

Listing and Financial Details

  • Assessor Parcel Number 02-11-08-425-008.000-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,699

Year Built

Built in 2021

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2021
  • Style: Two Story
  • Total Number of Rooms: 17
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: Lot 46 Mercato Section 1
  • Parcel Number ID: 02-11-08-425-008.000-038
  • Platted: Yes
  • Amenities: Attic Storage, Closet(s) Walk-in, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Porch Covered, Main Level Bedroom Suite
  • Builder Name: Bob Buescher Homes
  • Cross Street: Tula Trail
  • New Construction: Spec
  • Sp Lp Percent: 98.44
  • Year Taxes Payable: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Total Sq Ft: 5411
  • Total Finished Sq Ft: 3969
  • Above Grade Finished Sq Ft: 2955
  • Below Grade Finished Sq Ft: 1014
  • Above Grade Unfinished Sq Ft: 1116
  • Below Grade Sq Ft: 326
  • Price Per Sq Ft: 213.16
  • Basement: Yes
  • Basement Foundation: Daylight, Partially Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x16, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Dining Room: Dimensions: 9x15, On Level: Main
  • Den: Dimensions: 13x11, On Level: Main
  • Recreation Room: Dimensions: 36x30, On Level: Lower
  • Bedroom 1: Dimensions: 25x13, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Bedroom 4: Dimensions: 12x14, On Level: Upper
  • Loft: Dimensions: 19x12, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1340

Exterior Features

  • Exterior: Vinyl, Masonry, Cement Board
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 46x24
  • Garage Sq Ft: 1104
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 12
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 450
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Covington

Lot Info

  • Lot Description: Cul-De-Sac, Waterfront
  • Lot Dimensions: 136.54x48.27x143.04x117.45x110.07'
  • Estimated Lot Sq Ft: 18731
  • Estimated Lot Size Acres: 0.43

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Faust Sammy L and Faust Deanna
Bought by
Timmons Heather R and Wright Daniel R
Total Days on Market
111
Current Estimated Value
$787,944

Purchase Details

Listed on
Jan 13, 2021
Closed on
Sep 3, 2021
Sold by
Buescher Construction Company
Bought by
Faust Sammy L and Faust Deanna
Seller's Agent
Erin Poiry
Mike Thomas Assoc., Inc
Buyer's Agent
Craig Martin
North Eastern Group Realty
List Price
$639,900
Sold Price
$629,900
Premium/Discount to List
-$10,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$114,900
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2020
Sold by
Mercato Development Llc
Bought by
Buescher Construction Company Inc
Source: Public Records

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Range of Values:

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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
Timmons Heather R -- None Listed On Document
Faust Sammy L -- Metropolitan Title Of Indian
Buescher Construction Company Inc $123,405 Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faust Sammy L $114,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $629,900 -1.6% $159 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $639,900 -- $161 / 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 $6,699 $818,900 $142,700 $676,200
2023 $6,649 $826,000 $142,700 $683,300
2022 $4,416 $608,000 $142,700 $465,300
2021 $3,387 $430,900 $142,700 $288,200
2020 $65 $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202101240

Indiana Regional MLS

APN: 02-11-08-425-008.000-038