NOT LISTED FOR SALE

259 Ems R4 Ln Pierceton, IN 46562

Estimated Value: $172,000 - $199,000

2 Beds
1 Bath
840 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $182,500 $217 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,094/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Open Floorplan
  • Backs to Open Ground
  • 53 Feet of Waterfront
  • Lake Property
  • Breakfast Bar

About This Home

As of June 2022

Get ready for sun & fun at The Shady Rest - one of peaceful Ridinger Lake’s premier cottages!!!! Beautifully-appointed lakefront cottage where you can begin making wonderful weekend memories or enjoy year-round relaxation! Many updates in recent years make this home low-maintenance & worry free. This lake is centrally located & just a quick trip to Warsaw, Winona Lake, North Webster, Syracuse & Columbia City - so convenient! No HOA. *actual lake frontage is owned by Property Owners Association of Riley Memorial Beach & placing a dock is $40yr. Buyer to honor AirBNB booking June 15-21st. Pier assembly included.

Last Agent to Sell the Property

Teresa Bakehorn

Our House Real Estate Listed on: 05/24/2022

Last Buyer's Agent

Cheryl Boltz

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1939

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 53x174
  • 53 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Cabin
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Water Views
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Pierceton Elementary School
  • Whitko Middle School
  • Whitko High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Septic System

Community Details

  • Riley Memorial Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-244.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1939

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1939
  • Age: 83
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 9-2-6 LOT 97 RILEY MEMORIAL BEACH
  • Parcel Number ID: 43-12-01-400-244.000-029
  • Platted: Yes
  • Amenities: Breakfast Bar, Countertops-Laminate, Deck Open, Deck on Waterfront, Landscaped, Open Floor Plan, Six Panel Doors, Split Br Floor Plan, Stand Up Shower, Main Floor Laundry
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake, Rural Subdivision
  • Sp Lp Percent: 110.67
  • County Zoning: R1
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 840
  • Total Finished Sq Ft: 840
  • Above Grade Finished Sq Ft: 840
  • Price Per Sq Ft: 217.26
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x8, 80
  • Lake Type: Non Ski Lake
  • Water Features: Deeded
  • Water Frontage: 53
  • Water Name: Ridinger Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Private
  • Electric Company: REMC
  • Water Type: Lake
  • Well Size: 4 Inches

Condo/Co-op/Association

  • Association Fees: 40
  • Association Fees Frequency: Annually

Schools

  • School District: Whitko
  • Elementary School: Pierceton
  • Middle School: Whitko
  • High School: Whitko
  • Elementary School: Pierceton

Lot Info

  • Lot Description: Level, Waterfront, Flood Plain, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 53x174
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Tax Info

  • Annual Taxes: 419.6
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Whitko
  • Middle School: Whitko
  • School District: Whitko

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 20, 2022
Sold by
Rymans Real Estates Llc
Bought by
Donner Joseph
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Cheryl Boltz
CENTURY 21 Bradley Realty, Inc
List Price
$164,900
Sold Price
$182,500
Premium/Discount to List
$17,600
10.67%
Total Days on Market
7
Current Estimated Value
$184,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,855
Avg. Annual Appreciation
0.34%
Original Mortgage
$173,375
Outstanding Balance
$166,332
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$18,023

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 3, 2021
Sold by
Pease Stacy B and Pease Tiffany L
Bought by
Rymans Real Estate Llc
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Glunt Vincent R
Bought by
Pease Stacy B and Pease Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1996
Sold by
Ralph Smith
Bought by
Glunt Vincent R
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
Donner Joseph $182,500 Hardig Edward W
Rymans Real Estate Llc $145,000 None Available
Pease Stacy B -- None Available
Glunt Vincent R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donner Joseph $173,375
Previous Owner Pease Tiffany L $89,240
Previous Owner Pease Stacy B $87,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $182,500 +10.7% $217 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $164,900 +13.7% $196 / Sq Ft
06/03/2021 06/03/21 Sold $145,000 +0.1% $173 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $144,900 -- $173 / 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 $735 $135,700 $36,000 $99,700
2023 $651 $126,600 $33,400 $93,200
2022 $520 $106,500 $29,700 $76,800
2021 $415 $92,800 $29,700 $63,100
2020 $365 $86,400 $29,200 $57,200
2019 $344 $82,900 $27,700 $55,200
2018 $343 $81,700 $27,700 $54,000
2017 $317 $79,900 $27,700 $52,200
2016 $312 $79,100 $27,700 $51,400
2014 $400 $86,200 $27,100 $59,100
2013 $400 $84,700 $27,100 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202220165

Indiana Regional MLS

APN: 43-12-01-400-244.000-029