NOT LISTED FOR SALE

40 Ems R2a Ln Pierceton, IN 46562

Estimated Value: $170,000 - $247,149

2 Beds
1.5 Baths
1,008 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $240,000 $238 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,309/month

16 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of June 2024

This year round lake front home is being sold turnkey, all furniture to remain. Views, views and more views. 2 levels of decking to watch the world go by. Open concept, newly renovated home. Large loft area that sleeps 3, New HVAC system installed within the last 5 years. When you walk into this home all you see is the lake and the beautifully designed floor plan. This home has 2 bedrooms and 1.5 baths, a bunk room, and a large eat in kitchen. Pier is included.

Last Agent to Sell the Property

The Mark Skibowski Team

Re/Max Lakes Brokerage Email: mark@skibowskiteam.com Listed on: 04/22/2024

Re/Max Lakes

Last Buyer's Agent

Angie Racolta

Keller Williams Thrive North

Keller Williams Thrive North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x157
  • 40 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting

Home Design

  • Cabin
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows
  • Pocket Doors
  • Living Room with Fireplace
  • Water Views
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-300-288.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,039

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1946
  • Age: 78
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 9-3-37 TR E PT E 1/2 SE & PT NW SW 2-32-7 .10A
  • Parcel Number ID: 43-12-01-300-288.000-029
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceilings-Vaulted, Countertops-Solid Surf, Deck Covered, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Kitchen Island, Open Floor Plan, Pocket Doors, Range/Oven Hook Up Elec, Alarm System-Sec. Cameras, Tub/Shower Combination
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 92.34
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 504
  • Below Grade Finished Sq Ft: 504
  • Price Per Sq Ft: 476.19
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Lower
  • Bedroom 2: Dimensions: 11x12, On Level: Lower
  • Main Level Sq Ft: 504
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 504

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 15x8
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 40
  • Water Name: Ridinger Lake

Garage/Parking

  • Driveway: Dirt
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Propane, Baseboard, Forced Air, Heat Pump, Propane Tank Rented
  • Water Utilities: Well
  • Electric Company: REMC
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront, Flood Plain, 0-2.9999, Lake, Water View
  • Lot Dimensions: 40X157
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 12

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1039

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
Apr 22, 2024
Closed on
Jun 6, 2024
Sold by
Arnold Ronald E
Bought by
Spencer Bryan L and Spencer Emily K
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
Angie Racolta
Keller Williams Thrive North
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Views
60
Current Estimated Value
$219,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,463
Avg. Annual Appreciation
-0.93%
Original Mortgage
$192,000
Outstanding Balance
$190,452
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$46,963

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 29, 2019
Sold by
Bever Jeremy L
Bought by
Arnold Ronald E
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Hayes Hayes B and Hayes Kimberly A
Bought by
Bever Jeremy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2008
Sold by
Beneficial Indiana Inc
Bought by
Hayes B Douglas and Hayes Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Matthews Antoinette L and Matthews William H
Bought by
Benfical Indian Inc and Benfical Mortgage Co
Source: Public Records

Range of Values:

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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
Spencer Bryan L $240,000 Fidelity National Title
Arnold Ronald E $169,900 Fidelity National Title Compan
Bever Jeremy L -- None Available
Hayes B Douglas -- None Available
Benfical Indian Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Bryan L $192,000
Previous Owner Bever Jeremy L $131,920
Previous Owner Hayes B Douglas $96,000
Previous Owner Hayes B Douglas $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $240,000 -7.7% $238 / Sq Ft
04/22/2024 04/22/24 For Sale $259,900 +53.0% $258 / Sq Ft
05/30/2019 05/30/19 Sold $169,900 0.0% $169 / Sq Ft
03/22/2019 03/22/19 For Sale $169,900 -- $169 / 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 $1,156 $206,300 $26,700 $179,600
2023 $1,034 $192,700 $24,800 $167,900
2022 $918 $172,100 $22,000 $150,100
2021 $831 $150,300 $22,000 $128,300
2020 $744 $139,200 $21,500 $117,700
2019 $290 $91,600 $20,400 $71,200
2018 $1,228 $76,100 $20,400 $55,700
2017 $1,178 $73,600 $20,400 $53,200
2016 $1,155 $72,300 $20,400 $51,900
2014 $959 $57,300 $18,000 $39,300
2013 $959 $55,900 $18,000 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202413974

Indiana Regional MLS

APN: 43-12-01-300-288.000-029