NOT LISTED FOR SALE

357 Ems R4 Ln Pierceton, IN 46562

Estimated Value: $82,000 - $99,789

2 Beds
1 Bath
600 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $76,000 $127 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $649/month

22 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Access To Lake
  • Corner Lot
  • Pier or Dock
  • Lake, Pond or Stream
  • 1-Story Property

About This Home

As of August 2022

Cute as can be channel-front cottage on Ridinger Lake. This updated 2 bedroom, 1 bath home can be used as a year-round home or a weekend getaway. No need to move furniture as it’s included, along with all appliances – even the stack washer/dryer. Lakefront access is just steps away and $40/year allows you to put in a pier, which is included in the sale, thru the HOA. Relax on the deck or around the fire pit. Imagine the great memories you can make beginning this year! 2021 – New Roof; 2022 – New Gutters. Double the size of your property as the cottage next door is included in this sale, however, the cottage is considered a tear down. PLEASE USE CAUTION IF ENTERING AND DECK IS VERY SLICK IF WET. Enter from deck side. Both properties are to be sold AS IS. Estate sale. Cash sale only – Community Well $360/year (Contact listing agent for additional info). Both properties located in Flood Plain. Survey at buyer’s expense.

Last Listed By

Kathy Hamman

RE/MAX Results- Warsaw Listed on: 05/27/2022

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $743

Year Built

  • Built in 1936

Lot Details

  • 40 Feet of Waterfront
  • Home fronts a canal
  • Rural Setting
  • Corner Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream

Schools

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

Utilities

  • Baseboard Heating
  • Well
  • Community Well
  • Septic System

Community Details

  • Pier or Dock
  • Waterfront Owned by Association

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-148.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$743

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1936
  • Age: 86
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 357 EMS R4 Lane: 009-002-093 Lot 128 Burgers First Add Riley Memorial Beach; 9 EMS R4G Lane: 009-002-094 Lot 129 & E 5 Ft Lot 130 Burgers 1st Add to Riley Memorial Beach 1st Add
  • Parcel Number ID: 43-12-01-400-148.000-029
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Parcel Id2: 43-12-01-400-146.000-029
  • Sp Lp Percent: 80.08
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 600
  • Total Finished Sq Ft: 600
  • Above Grade Finished Sq Ft: 600
  • Price Per Sq Ft: 126.67
  • Basement Foundation: Crawl
  • Flooring: Laminate, Vinyl
  • Living Great Room: Dimensions: 13x10, On Level: Main
  • Kitchen: Dimensions: 9x10, On Level: Main
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 40
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock, Walk to Lake Access, Assoc
  • Water Frontage: 40
  • Water Name: Ridinger Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Electric, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx4, On Level: 9
  • Water Type: Lake
  • Well Type: Community

Schools

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

Lot Info

  • Lot Description: Corner, Level, Waterfront
  • Lot Dimensions: 40x80;45X80

Tax Info

  • Annual Taxes: 743

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 8, 2022
Sold by
Sue Webb-Riehle Marilyn
Bought by
Dube David C and Hollon Jon T
Seller's Agent
Kathy Hamman
RE/MAX Results- Warsaw
Buyer's Agent
Kathy Hamman
RE/MAX Results- Warsaw
List Price
$94,900
Sold Price
$76,000
Premium/Discount to List
-$18,900
-19.92%
Total Days on Market
22
Views
1
Current Estimated Value
$90,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,197
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jul 6, 2021
Sold by
Ellis James B and Ellis Theresa A
Bought by
Webb Riehle Marilyn

Purchase Details

Listed on
Jan 4, 2015
Closed on
Aug 28, 2015
Sold by
Hull Robert and Hull Sue A
Bought by
Ellis James B and Ellis Theresa A
Seller's Agent
Darlene Nelson
Orizon Real Estate, Inc.
Buyer's Agent
Darlene Nelson
Orizon Real Estate, Inc.
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Summers Wendell L and Summers Esther L
Bought by
Shortt Leo J and Shortt Doris M

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
Dube David C $76,000 Metropolitan Title
Webb Riehle Marilyn $75,000 North American Title Company
Ellis James B -- North American Title
Shortt Leo J $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $76,000 -19.9% $127 / Sq Ft
05/27/2022 05/27/22 For Sale $94,900 +149.7% $158 / Sq Ft
08/28/2015 08/28/15 Sold $38,000 -23.8% $63 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
01/04/2015 01/04/15 For Sale $49,900 -- $83 / 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 $1,748 $66,300 $7,800 $58,500
2023 $884 $61,100 $7,000 $54,100
2022 $758 $58,700 $6,100 $52,600
2021 $738 $50,400 $6,100 $44,300
2020 $718 $47,800 $5,200 $42,600
2019 $709 $45,400 $4,900 $40,500
2018 $683 $42,200 $4,900 $37,300
2017 $651 $40,700 $4,900 $35,800
2016 $608 $37,900 $4,900 $33,000
2014 $728 $43,500 $5,900 $37,600
2013 $728 $42,500 $5,900 $36,600
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202220635

Indiana Regional MLS

APN: 43-12-01-400-148.000-029