NOT LISTED FOR SALE

260 Ems R4 Ln Pierceton, IN 46562

Estimated Value: $155,000 - $191,000

2 Beds
1.5 Baths
960 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $115,000 $120 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,133/month

48 Days on Market

Highlights

  • Water Views
  • Private Beach
  • Open Floorplan
  • Pier or Dock
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of June 2020

Completely renovated 1.5 lot lake area property! Most EVERYTHING is new (wiring & plumbing also) which means you only need to consider throwing a line in or to float on the 10mph no-wake, peaceful water! Thoughtful floor plan with AMAZING lake views from living room & kitchen spaces while the main-level bedrooms (jack & jill half bath connects them) are banked into the hillside creating huge heating/cooling efficiency. Beautifully-new & functional kitchen & a ginormous main bath (washer/dryer hookup) which is uncommon in most lake cottages. Exterior is virtually maintenance-free with new vinyl siding, windows, doors & metal roof with composite deck stair trends. New, recessed retaining wall creates additional off-street parking which is also rare for lake property. New upper deck invites friends & family to relax at your hilltop oasis! Pier space available through homeowner's association.

Last Listed By

Teresa Bakehorn

Our House Real Estate Listed on: 05/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Private Beach
  • Backs to Open Ground
  • Rural Setting
  • Property is zoned R1

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Pocket Doors
  • Water Views
  • Basement
  • 2 Bedrooms in Basement
  • Laminate Countertops
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-226.000-029

Community Details

Overview

  • Riley Memorial Beach Subdivision

Recreation

  • Pier or Dock
  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1952

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1952
  • Age: 68
  • Style: Two Story
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 116 & NW 1/2 LOT 117 RILEY MEMORIAL BEACH
  • Parcel Number ID: 43-12-01-400-226.000-029
  • Platted: Yes
  • Amenities: Balcony, Countertops-Laminate, Dryer Hook Up Electric, Open Floor Plan, Patio Covered, Pocket Doors, Tub/Shower Combination, Main Level Bedroom Suite
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural Subdivision
  • Number Below Grade Bedrooms: 2
  • Road Surface: Asphalt
  • Sp Lp Percent: 104.55
  • County Zoning: R1
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 119.79
  • Basement: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 20x10, On Level: Upper
  • Kitchen: Dimensions: 13x10, On Level: Upper
  • Bedroom 1: Dimensions: 16x9, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Assoc, Pier/Dock Available, Private Beach
  • Water Name: Ridinger Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: Private
  • Water Utilities: Private
  • 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: Lake, Water View
  • Lot Dimensions: 75X100
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 822.44

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Rose Matherly
Bought by
Slyker Michael
Total Days on Market
48
Current Estimated Value
$174,039

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 18, 2020
Sold by
Owsley Holley E and Owsley Carrie L
Bought by
Slyker Michael S
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$92,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2019
Sold by
Owsley Holley E and Owsley Carne L
Bought by
Owsley Holley R and Owsley Game E

Purchase Details

Closed on
Jul 18, 2000
Sold by
Lane Max L and Lane Claudia L
Bought by
Lane Max L and Lane Claudia L

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
Slyker Michael -- Whiteleather John W
Slyker Michael S -- First American Mortgage Sln
Owsley Holley R -- None Available
Lane Max L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slyker Michael S $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $115,000 +4.5% $120 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $110,000 -- $115 / 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 $1,976 $148,000 $16,300 $131,700
2023 $1,877 $137,100 $15,000 $122,100
2022 $1,549 $120,000 $8,600 $111,400
2021 $1,499 $102,400 $8,600 $93,800
2020 $829 $55,200 $7,100 $48,100
2019 $822 $52,700 $6,800 $45,900
2018 $857 $53,000 $7,500 $45,500
2017 $813 $50,800 $7,500 $43,300
2016 $795 $49,700 $7,500 $42,200
2014 $813 $48,600 $7,500 $41,100
2013 $813 $46,400 $6,800 $39,600
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202016375

Indiana Regional MLS

APN: 43-12-01-400-226.000-029