NOT LISTED FOR SALE

4055 E 850 N Rome City, IN 46784

Estimated Value: $591,911 - $728,000

3 Beds
2 Baths
1,848 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $525,000 $284 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,793/month

134 Days on Market

Highlights

  • 193 Feet of Waterfront
  • Lake Property
  • Covered Patio or Porch
  • Pier or Dock
  • Cape Cod Architecture
  • Community Fire Pit

About This Home

As of August 2023

SYLVAN LAKE - LAKEFRONT; This newer 3 bedroom, 2 bathroom home on the gorgeous Cain Basin is ready to tour. The home sits on 1 full acre of ground, with nearly 200' of lakefront. Yes, you read that correctly, an entire acre of ground, on the lake, so there is plenty of elbow room for parking, partying, gardening, campfires, and just general misbehavior. Whether you are enjoying the lake views from your shady/cool covered front porch, or hanging out on the open back patio waiting on your 2nd cheeseburger off the grill, you can't go wrong. There are views of water out of nearly every window in this home, and wildlife abounds across the channel in the woods. This home, and it's location are one of a kind, and impossible to grasp without seeing it for yourself. There is a 2 car detached garage, large garden shed, and a whole house on-demand Generac generator, all sitting on a nice dry concrete crawl space. No flood insurance required.

Last Agent to Sell the Property

Brad Rummel

Rock Solid Realty Listed on: 04/05/2023

Last Buyer's Agent

Brad Rummel

Rock Solid Realty Listed on: 04/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 2010

Lot Details

  • 1 Acre Lot
  • 193 Feet of Waterfront
  • Lake Front

Parking

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

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,848 Sq Ft Home
  • 1.5-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Rome City Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 57-04-23-400-084.000-010

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,952

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2010
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt W 1/2 Nw 1/4 Sec 23 1.00a
  • Parcel Number ID: 57-04-23-400-084.000-010
  • Platted: Yes
  • Amenities: Firepit, Garage Door Opener, Generator-Whole House, Near Walking Trail, Patio Open, Porch Covered, Main Floor Laundry, Sump Pump
  • Location: Lake, Near Walking Trail
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1848
  • Total Finished Sq Ft: 1848
  • Above Grade Finished Sq Ft: 1848
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 10x13, On Level: Main
  • Dining Room: Dimensions: 9x13, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 12x16, On Level: Upper
  • Bedroom 3: Dimensions: 12x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Garden Shed, Dimensions: 10x16
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available
  • Water Frontage: 193
  • Water Name: Sylvan Lake

Garage/Parking

  • Driveway: Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Rome City

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 3951.62
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Aug 18, 2023
Sold by
Mountz Bradley W
Bought by
Balyeat Thomas
Seller's Agent
Brad Rummel
Rock Solid Realty
Buyer's Agent
Brad Rummel
Rock Solid Realty
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Views
110
Current Estimated Value
$664,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,728
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Jun 8, 2020
Sold by
Brosius Lauren J
Bought by
Mountz Bradley W and Mountz Amanda A

Purchase Details

Closed on
Oct 23, 2017
Sold by
Brosius Lauren J
Bought by
Wolfe James R
Source: Public Records

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
Balyeat Thomas $525,000 Assurance Title Company Llc
Mountz Bradley W -- Attorney Only
Wolfe James R -- Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $525,000 0.0% $284 / Sq Ft
06/20/2023 06/20/23 Price Changed $525,000 -3.7% $284 / Sq Ft
06/06/2023 06/06/23 Price Changed $545,000 -4.4% $295 / Sq Ft
05/21/2023 05/21/23 Price Changed $569,900 -3.4% $308 / Sq Ft
05/12/2023 05/12/23 Price Changed $589,900 -1.7% $319 / Sq Ft
04/05/2023 04/05/23 For Sale $599,900 -- $325 / 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 $3,753 $576,100 $312,400 $263,700
2023 $3,855 $581,900 $312,400 $269,500
2022 $3,744 $542,400 $297,500 $244,900
2021 $3,791 $516,300 $297,500 $218,800
2020 $3,518 $440,400 $297,500 $142,900
2019 $3,644 $435,300 $297,500 $137,800
2018 $3,589 $428,700 $297,500 $131,200
2017 $3,441 $417,900 $286,700 $131,200
2016 $3,436 $418,500 $287,400 $131,100
2014 $3,305 $398,800 $280,600 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202310136

Indiana Regional MLS

APN: 570423400084000010