NOT LISTED FOR SALE

48 Ems B25 Ln Pierceton, IN 46562

Estimated Value: $563,000 - $708,613

3 Beds
2.5 Baths
2,220 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $272,500 $123 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,506/month

275 Days on Market

Highlights

  • 215 Feet of Waterfront
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Pier or Dock
  • Lake Property
  • Ranch Style House

About This Home

As of January 2017

Big Barbee Lakefront Home! Awesome year round property with three bedrooms, two and a half baths, three car garage, and plenty of room to spread out! Screened porch overlooking All-Sports Big Barbee Lake. Over 300 feet of water frontage, 200+ lakefront and almost 100 feet of Channelfront. Move in ready with updated island kitchen, formal dining area, living room, and nice sized family/gaming room. En Suite Master Bedroom and shared jack-n-jill bath for the other two large bedrooms. Plenty of room for a large family and/or weekend guests. Three car garage with pull down storage, large concrete parking area/drive, and covered storage on the channelfront side. Bring your lake toys and come on in! Priced well under assessed value, great location and access to all seven of the Barbee Chain of Lakes! Minutes from SR 13, easy access to Fort Wayne, Indianapolis and Chicago!

Last Agent to Sell the Property

The Mark Skibowski Team

Re/Max Lakes Listed on: 04/18/2016

Re/Max Lakes

Last Buyer's Agent

The Mark Skibowski Team

Re/Max Lakes Listed on: 04/18/2016

Re/Max Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 1963

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 147x113x93x50
  • 215 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,220 Sq Ft Home
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Utility Room in Garage
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Garden Bath

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-34-400-060.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,979

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Age: 54
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 005-134-002 Lot 27 3rd Add To Bayfield
  • Parcel Number ID: 43-08-34-400-060.000-023
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Breakfast Bar, Built-In Bookcase, Ceiling Fan(s), Ceilings-Vaulted, Garage Door Opener, Jet/Garden Tub, Kitchen Island, Patio Covered, Porch Screened, Main Level Bedroom Suite, Formal Dining Room, Garage Utilities
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 95.61
  • Special Features: None

Interior Features

  • Total Sq Ft: 2220
  • Total Finished Sq Ft: 2220
  • Above Grade Finished Sq Ft: 2220
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, One
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: Dimensions: 12x17, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 14x18, On Level: Main
  • Bedroom 1: Dimensions: 17x16, On Level: Main
  • Bedroom 2: Dimensions: 13x19, On Level: Main
  • Bedroom 3: Dimensions: 13x19, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 95
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 215
  • Water Name: Big Barbee Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 35x19
  • Garage Sq Ft: 665

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: 8xMain, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Level, Lake
  • Lot Dimensions: 147x113x93x50
  • Estimated Lot Sq Ft: 21344
  • Estimated Lot Size Acres: 0.49
  • Lot Number: 27

Tax Info

  • Annual Taxes: 3979.04
  • Total Assessed Value: 494600
  • Exemptions: Disabled Vet, Mortgage

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jan 18, 2017
Sold by
Shanahan Sean L
Bought by
Kirk and Elizabeth
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$339,900
Sold Price
$272,500
Premium/Discount to List
-$67,400
-19.83%
Current Estimated Value
$580,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,799
Avg. Annual Appreciation
8.60%
Original Mortgage
$190,750
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kirk $272,500 --
Salerno Kirk T $272,500 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salerno Kirk T $218,050
Closed Salerno Kirk T $218,050
Closed Salerno Kirk T $251,200
Closed Salerno Kirk T $75,000
Closed Salerno Kirk T $190,750
Previous Owner Shanahan Sean L $147,000
Previous Owner Shanahan Richard L $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $272,500 -19.8% $123 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
04/18/2016 04/18/16 For Sale $339,900 -- $153 / 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 $3,951 $686,500 $390,000 $296,500
2023 $3,527 $629,500 $356,900 $272,600
2022 $3,287 $547,600 $310,700 $236,900
2021 $2,906 $471,000 $277,600 $193,400
2020 $2,366 $413,700 $273,600 $140,100
2019 $2,230 $398,200 $263,100 $135,100
2018 $1,988 $389,300 $251,100 $138,200
2017 $1,744 $379,900 $251,100 $128,800
2016 $2,719 $369,400 $251,100 $118,300
2014 $4,092 $494,600 $382,600 $112,000
2013 $4,092 $489,400 $382,600 $106,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201616193

Indiana Regional MLS

APN: 43-08-34-400-060.000-023