$169,900
SOLD MAY 30, 2019

40 Ems R2a Ln Pierceton, IN 46562

2 Beds
1.5 Baths
1,008 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

56 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Community Fire Pit
  • Kitchen Island
  • Lake, Pond or Stream
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2024

This one can be enjoyed year 'round or as a summer oasis! Views, views & more views from inside & from the 2 levels of decking. Open concept, totally renovated. Attic sleeping space, just take the bookshelf steps up (overlooks family room). Cozy wood fireplace! Swim right out front or enjoy a peaceful sunset cruise on the water. Beautiful, natural setting. Eagles nest on this end of the lake! Wireless dog fence.

Last Agent to Sell the Property

Teresa Bakehorn

Our House Real Estate Listed on: 03/22/2019

Last Buyer's Agent

The Mark Skibowski Team

Re/Max Lakes

Re/Max Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1946

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 168 x 40
  • 40 Feet of Waterfront
  • Lake Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Fire Pit

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1946
  • Age: 73
  • Style: One Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 009-003-037 Tract 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: Ceiling Fan(s), Deck Open, Deck on Waterfront, Eat-In Kitchen, Firepit, Kitchen Island
  • Grid: 50 - N.E. Kosc.
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Price Per Sq Ft: 168.55
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 15x14
  • Kitchen: Dimensions: 12x14
  • Dining Room: Dimensions: 12x14
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Main Level Sq Ft: 504
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 16x8
  • Lake Type: Non Ski Lake
  • Water Frontage: 40
  • Water Name: Ridinger Lake

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • 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
  • Lot Dimensions: 168 x 40
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 1178

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
$237,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,872
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

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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 Type Sale Price Title Company
Warranty Deed $240,000 Fidelity National Title
Warranty Deed $169,900 Fidelity National Title Compan
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 New Conventional
Previous Owner $131,920 New Conventional
Previous Owner $96,000 Credit Line Revolving
Previous Owner $57,600 New Conventional
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: 201910004

Indiana Regional MLS

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