NOT LISTED FOR SALE

267 E Armstrong Rd Leesburg, IN 46538

Estimated Value: $346,000 - $460,858

2 Beds
1 Bath
1,620 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $200,000 $123 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,275/month

4 Days on Market

Highlights

  • Open Floorplan
  • Workshop
  • Skylights
  • Warsaw Community High School Rated A-
  • 2 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of August 2018

Just the right size – 10.72 acres located near Leesburg. Main house offers 2 bedrooms, 1 bath, open floor plan, and large basement. Laundry on main level. The efficiency “mother-in-law suite” offers a one room layout for living room, kitchenette (no appliances), and bedroom with full bath and walk-in closet. There’s a 2 car garage attached to the efficiency (with pull down screens on both doors). This building would be a fantastic hobby hideaway! There’s also a large barn with lofts, plus a pole building with separate workshop. And don’t forget the pond! Property sold As Is.

Last Agent to Sell the Property

Kathy Hamman

RE/MAX Results Listed on: 07/10/2018

RE/MAX Results

Last Buyer's Agent

Tina Miller

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1997

Lot Details

  • Rural Setting
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling Fan
  • Skylights
  • Workshop

Kitchen

  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Natural lighting in basement

Schools

  • Leesburg Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-07-09-300-301.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1997

Lot Details

10.72 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 029-035-003.A Trct E 1/2 Sw 9-33-6 10.72 A |
  • Parcel Number ID: 43-07-09-300-301.000-016
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Range/Oven Hook Up Gas, Six Panel Doors, Skylight(s), Tub/Shower Combination, Workshop, Main Floor Laundry, Sump Pump
  • Grid: 10 - Central Kosc.
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2686
  • Total Finished Sq Ft: 1620
  • Above Grade Finished Sq Ft: 1620
  • Below Grade Sq Ft: 1066
  • Basement: Yes
  • Basement Foundation: Daylight, Partial Basement
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 17x14, On Level: Main
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Breakfast Room: Dimensions: 13x9, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Other Room1: enclosed porch, Dimensions: 13x12, On Level: Main
  • Other Room 2: storage room, Dimensions: 11x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1066

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Barn, Dimensions: 50x34
  • Outbuilding2: Pole/Post Building, Dimensions: 64x40, 2560

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Laundry: Dimensions: Mainx8, On Level: 8
  • Well Type: Private

Schools

  • Elementary School: Leesburg

Lot Info

  • Lot Description: Level

Tax Info

  • Annual Taxes: 1609
  • Exemptions: Homestead

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 13, 2018
Sold by
Sandra
Bought by
Melvin Borntrager
Seller's Agent
Kathy Hamman
RE/MAX Results
Buyer's Agent
Tina Miller
RE/MAX Results
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$401,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,965
Avg. Annual Appreciation
9.73%
Original Mortgage
$180,000
Outstanding Balance
$156,323
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$245,642

Purchase Details

Closed on
Jul 26, 2012
Sold by
Zartman Milo Gene and Zartman Sandra Darlene
Bought by
Zartman Milo Gene and Zartman Sandra Darlene
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Melvin Borntrager $200,000 --
Borntrager Melvin D $200,000 First Federal Savings Bank
Zartman Milo Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borntrager Melvin D $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2018 08/13/18 Sold $200,000 -7.0% $123 / Sq Ft
07/10/2018 07/10/18 For Sale $215,000 -- $133 / 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
2024 $2,442 $336,500 $67,900 $268,600
2023 $2,692 $319,600 $66,300 $253,300
2022 $2,592 $308,600 $64,500 $244,100
2021 $2,224 $266,900 $63,600 $203,300
2020 $2,117 $246,800 $54,000 $192,800
2019 $2,002 $241,700 $55,200 $186,500
2018 $1,727 $203,500 $55,400 $148,100
2017 $1,609 $200,600 $56,500 $144,100
2016 $1,654 $191,600 $51,600 $140,000
2014 $1,419 $184,700 $51,900 $132,800
2013 $1,419 $179,400 $50,700 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201830379

Indiana Regional MLS

APN: 43-07-09-300-301.000-016

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