NOT LISTED FOR SALE

416 Ems R4 Ln Pierceton, IN 46562

Estimated Value: $139,000 - $171,000

2 Beds
1 Bath
960 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $83,000 $86 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $901/month

9 Days on Market

Highlights

  • Lake Property
  • 2 Car Detached Garage
  • 1-Story Property
  • Partially Wooded Lot
  • Eat-In Kitchen
  • Carpet

About This Home

As of June 2020

Ridinger Lake 2 bedroom cottage with an open floor plan sits on a 1/2 acre lot with a detached 2 car garage, and recorded lake access. Front deck for outdoor entertaining. Newer metal roof. Property being sold "as is."

Last Listed By

Sally Bailey

Coldwell Banker Real Estate Group Listed on: 05/18/2020

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $238

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 61x99 50x99 125x85x18
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Property

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-103.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$238

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 80
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 009-002-116 lots 49, 50 & PT lot 48 & 2/3 and 1/2 of 1/31 interest in 9-2-147 Silers Add to Riley Memorial Beach
  • Parcel Number ID: 43-12-01-400-103.000-029
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Main Floor Laundry
  • Grid: 20 - S.E. Kosc.
  • Location: Lake
  • Road Surface: Paved
  • Sp Lp Percent: 92.74
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 86.46
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Other Room1: Enclosed porch, Dimensions: 24x5, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None
  • Water Name: Ridinger Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Propane, Conventional, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx12, On Level: 12
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded, 0-2.9999, Lake
  • Lot Dimensions: 61x99 50x99 125x85x18
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51

Tax Info

  • Annual Taxes: 237.94
  • Exemptions: Mortgage, Supplemental

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 25, 2020
Sold by
Zehner Joel
Bought by
Rensberger Zachary
Seller's Agent
Sally Bailey
Coldwell Banker Real Estate Group
List Price
$89,500
Sold Price
$83,000
Premium/Discount to List
-$6,500
-7.26%
Total Days on Market
9
Current Estimated Value
$153,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,220
Avg. Annual Appreciation
13.63%
Original Mortgage
$66,400
Outstanding Balance
$48,703
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$105,953

Purchase Details

Listed on
May 15, 2014
Closed on
Jul 9, 2014
Sold by
Rickard Marilynn J and White Kathy A
Bought by
Zehner Joel
Seller's Agent
Amanda Harstine
Integrity Real Estate
Buyer's Agent
Eric Hamman
Century 21 Bradley Realty Inc.
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$54,003
Interest Rate
4.37%
Mortgage Type
FHA

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
Rensberger Zachary -- None Available
Zehner Joel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rensberger Zachary $66,400
Previous Owner Zehner Joel $54,003
Previous Owner Rickard Marilyn J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $83,000 -7.3% $86 / Sq Ft
05/18/2020 05/18/20 For Sale $89,500 +62.7% $93 / Sq Ft
07/09/2014 07/09/14 Sold $55,000 0.0% $57 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $55,000 -- $57 / 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 $613 $121,000 $20,500 $100,500
2023 $518 $111,100 $18,900 $92,200
2022 $422 $99,900 $16,700 $83,200
2021 $341 $85,400 $16,700 $68,700
2020 $243 $72,800 $13,900 $58,900
2019 $238 $69,300 $13,200 $56,100
2018 $237 $67,100 $14,300 $52,800
2017 $223 $65,200 $14,300 $50,900
2016 $221 $63,800 $14,300 $49,500
2014 $260 $71,300 $14,300 $57,000
2013 $260 $69,100 $14,300 $54,800
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202018800

Indiana Regional MLS

APN: 43-12-01-400-103.000-029