NOT LISTED FOR SALE

2710 E Island Ct Columbia City, IN 46725

Estimated Value: $123,110 - $186,000

2 Beds
1 Bath
664 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $25,000 $38 Per Sq Ft

Est. 516% increase in value since last sale

Current estimated payment $978/month

154 Days on Market

Highlights

  • 40 Feet of Waterfront
  • RV Parking in Community
  • Ranch Style House
  • Pier or Dock
  • Lake Property
  • Community Fire Pit

About This Home

As of January 2016

Two bedroom lake cottage situated on 5 partially wooded nice lots with approximately 260 feet of newly dredged channel frontage and 40 feet of lake frontage on Little Cedar. Little Cedar has access to Round Lake and Big Cedar which is a 1-4 pm ski lake. Features include vinyl replacement windows, vinyl siding, 4 inch well, and a public sewer. With some TLC, this will make a great lake cottage. Set up your showing today!

Last Agent to Sell the Property

Adam Ertel

Coldwell Banker Real Estate Group Listed on: 08/14/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Greg Fahl

Orizon Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 25x120x65x150x40x85x70
  • 40 Feet of Waterfront
  • Lake Front
  • Level Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 664 Sq Ft Home
  • Water Views
  • Crawl Space
  • Gas Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 92-03-12-404-028.001-011

Community Details

Overview

  • $9 Other Monthly Fees
  • RV Parking in Community

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1943
  • Age: 73
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 28 CEDAR ISLAND ADDITION TO TRI LAKE RESORT and LOT 24 25 26 27 CEDAR ISLAND ADDITION TO TRI LAK
  • Parcel Number ID: 92-03-12-404-028.001-011
  • Platted: Yes
  • Amenities: Cable Available, Deck Open, Firepit, Range/Oven Hook Up Gas, RV Parking
  • Location: Lake
  • Sp Lp Percent: 34.72
  • Special Features: None

Interior Features

  • Total Sq Ft: 664
  • Total Finished Sq Ft: 664
  • Above Grade Finished Sq Ft: 664
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x11, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Extra Room: Dimensions: 17x11, On Level: Main
  • Bedroom 1: Dimensions: 8x10, On Level: Main
  • Bedroom 2: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 22x14, 308
  • Channel Canal Frontage: 260
  • Lake Type: Access to Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 40
  • Water Name: Little Cedar Lake

Utilities

  • Heating Fuel: Gas, Wall Heater
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Solid Waste Fee
  • Other Fees Dollar: 106

Schools

  • School District: Whitley CO Cons Schools
  • Elementary School: Northern Heights
  • Middle School: Indian Springs
  • High School: Columbia City

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View
  • Lot Dimensions: 25x120x65x150x40x85x70

Tax Info

  • Annual Taxes: 1637.28

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Jan 29, 2016
Sold by
Tom Tountzios
Bought by
Smith James W and Smith Susan C
Seller's Agent
Adam Ertel
Coldwell Banker Real Estate Group
Buyer's Agent
Greg Fahl
Orizon Real Estate, Inc.
List Price
$72,000
Sold Price
$25,000
Premium/Discount to List
-$47,000
-65.28%
Total Days on Market
154
Current Estimated Value
$154,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,028
Avg. Annual Appreciation
21.42%
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
Smith James W $25,000 Gates Land Title Corp.
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $25,000 -65.3% $38 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $72,000 -- $108 / 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 $1,357 $67,400 $57,200 $10,200
2023 $1,075 $64,100 $55,000 $9,100
2022 $924 $60,800 $52,500 $8,300
2021 $1,429 $83,600 $52,500 $31,100
2020 $1,351 $79,900 $50,800 $29,100
2019 $1,337 $77,700 $50,800 $26,900
2018 $1,344 $75,600 $50,800 $24,800
2017 $1,357 $75,500 $50,800 $24,700
2016 $984 $77,500 $37,900 $39,600
2014 $1,146 $75,500 $37,900 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201539060

Indiana Regional MLS

APN: 92-03-12-404-024.901-011