NOT LISTED FOR SALE

423 Ems R4 Ln Pierceton, IN 46562

Estimated Value: $192,000 - $225,000

2 Beds
1.5 Baths
1,197 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $145,000 $121 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,269/month

73 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Beach
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Ranch Style House

About This Home

As of July 2019

Immediate possession on this wonderful lakefront retreat...all on one level...no steps to climb. Guaranteed fabulous views, great swimming, superb sunsets, and total relaxation. This newly remodeled home offers an open concept design, fully appointed kitchen with stainless appliances, spacious living room with great lake views, large 11 x 30 open lakeside deck, level lakeside yard with shade trees and plenty of room for yard games. Enjoy all day sunshine and evening bonfires by the lake. This low maintenance property keeps life simple...more time for fun!

Last Listed By

Patrick Pfefferkorn

RE/MAX Results- Warsaw Listed on: 03/20/2019

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54 x 137
  • 50 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,197 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Free Standing Fireplace
  • Ventless Fireplace
  • Great Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-102.000-029

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Age: 56
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 10 Silers Add To Riley Memorial Beach
  • Parcel Number ID: 43-12-01-400-102.000-029
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Open Floor Plan, Range/Oven Hook Up Gas, Tub/Shower Combination, Great Room, Main Floor Laundry, Washer Hook-Up
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural
  • Sp Lp Percent: 91.19
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1197
  • Total Finished Sq Ft: 1197
  • Above Grade Finished Sq Ft: 1197
  • Price Per Sq Ft: 121.14
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Fireplace: Free Standing, Ventless
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 24x20, On Level: Main
  • Kitchen: Dimensions: 14x8, On Level: Main
  • Extra Room: Full Bath, Dimensions: 8x8, On Level: Main
  • Bedroom 1: Dimensions: 15x9, On Level: Main
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Other Room1: Half Bath, Dimensions: 8x6, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Outbuilding2: Shed, Dimensions: 8x8, 64
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 50
  • Water Name: Ridinger Lake

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Propane, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 8
  • 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: Level, Waterfront, Lake, Water View
  • Lot Dimensions: 54 x 137
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 1433.72

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
Mar 20, 2019
Closed on
Jun 24, 2019
Sold by
Lammers Edgar D and Johnson Larenda R
Bought by
Shail Robert Scott and Shail Marla Janice
Seller's Agent
Patrick Pfefferkorn
RE/MAX Results- Warsaw
Buyer's Agent
Patrick Pfefferkorn
RE/MAX Results- Warsaw
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%
Total Days on Market
73
Current Estimated Value
$212,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,243
Avg. Annual Appreciation
6.78%
Original Mortgage
$25,000
Outstanding Balance
$22,211
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$190,032

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 15, 2018
Sold by
Crisp Mark D
Bought by
Lammers Edgar D and Johnson Larenda R
Seller's Agent
Daniel Harstine
Integrity Real Estate
Buyer's Agent
Daniel Harstine
Integrity Real Estate
List Price
$137,500
Sold Price
$138,000
Premium/Discount to List
$500
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Apr 9, 2013
Closed on
May 17, 2013
Sold by
Foreclosures 4 Cash Inc
Bought by
Crisp Mark D
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
NON-MEMBER MEMBER
NonMember KBOR
List Price
$75,000
Sold Price
$33,411
Premium/Discount to List
-$41,589
-55.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.18%

Purchase Details

Listed on
Apr 9, 2013
Closed on
May 15, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Foreclosures 4 Cash Inc
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
NON-MEMBER MEMBER
NonMember KBOR
List Price
$75,000
Sold Price
$33,411
Premium/Discount to List
-$41,589
-55.45%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 24, 2012
Sold by
Jordan Jill A
Bought by
Bank Of America Na

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
Shail Robert Scott $145,000 Fidelity National Title Compan
Lammers Edgar D -- None Available
Crisp Mark D -- Indiana Title Network Co
Foreclosures 4 Cash Inc -- Indiana Title Network Co
Secretary Of Housing & Urban Development -- None Available
Bank Of America Na $140,757 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shail Robert Scott $25,000
Previous Owner Jordan Jill A $101,804
Previous Owner Jordan Jill A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $145,000 -8.8% $121 / Sq Ft
06/03/2019 06/03/19 For Sale $159,000 +9.7% $133 / Sq Ft
06/03/2019 06/03/19 Off Market $145,000 -- --
04/10/2019 04/10/19 Price Changed $159,000 -8.6% $133 / Sq Ft
03/20/2019 03/20/19 For Sale $174,000 +26.1% $145 / Sq Ft
11/28/2018 11/28/18 Sold $138,000 +0.4% $115 / Sq Ft
10/18/2018 10/18/18 For Sale $137,500 +311.5% $115 / Sq Ft
05/17/2013 05/17/13 Sold $33,411 -55.5% $28 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $75,000 -- $63 / 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 $1,048 $173,300 $34,500 $138,800
2023 $926 $160,100 $32,100 $128,000
2022 $797 $144,100 $28,500 $115,600
2021 $724 $125,300 $28,500 $96,800
2020 $635 $114,200 $27,400 $86,800
2019 $651 $108,700 $26,000 $82,700
2018 $1,439 $89,200 $26,000 $63,200
2017 $1,383 $86,400 $26,000 $60,400
2016 $1,352 $84,700 $26,000 $58,700
2014 $1,478 $88,300 $24,800 $63,500
2013 $1,478 $82,600 $23,000 $59,600
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201909709

Indiana Regional MLS

APN: 43-12-01-400-102.000-029