NOT LISTED FOR SALE

480 Spring Beach Dr Rome City, IN 46784

Estimated Value: $303,000 - $368,000

3 Beds
1 Bath
1,720 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $180,000 $105 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,061/month

14 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Utility Room in Garage
  • Central Air
  • Lake Property
  • 2 Car Detached Garage
  • Sun Deck

About This Home

As of May 2017

This cottage or year round home is located in the main basin of Sylvan Lake near State Road 9. The lakefront location has a beautiful view, beach and is perfect for watching the annual 4th of July fireworks. Home has a large living area and the third bedroom has room for several beds. The one bedroom on the main floor helps those who have difficulty with stairs. Sylvan Lake has over 620 acres and 22 miles of shoreline for great fishing, skiing, and tubing with the family. This all recreation lake is the largest in Noble County and the place to be in the summer. Parking is not a problem as some parking is available in front of the cottage plus the two car garage across the road also is included in this affordable price for a premier lake.

Last Agent to Sell the Property

Barbara Hinkle

RE/MAX Results - Wolcottville office Listed on: 03/21/2017

Last Buyer's Agent

Penny Miller

RE/MAX Results - Wolcottville office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 1915

Lot Details

  • 4,530 Sq Ft Lot
  • Lot Dimensions are 40x150
  • 40 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Utility Room in Garage
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 57-04-09-200-120.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,833

Year Built

Built in 1915

Lot Details

4,530 Sq Ft Lot

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1915
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Sylvan Point Lot 4 Back Lot Jones Sub Div of Lot 23 35' SW PT 8W 35' Lot 9
  • Parcel Number ID: 57-04-09-200-120.000-011
  • Platted: Yes
  • Amenities: Deck on Waterfront, Garage Utilities
  • Parcel Id2: 570409200161000011
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1720
  • Total Finished Sq Ft: 1720
  • Above Grade Finished Sq Ft: 1080
  • Below Grade Finished Sq Ft: 640
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 17x20, On Level: Main
  • Kitchen: Dimensions: 13x8, On Level: Basement
  • Dining Room: Dimensions: 11x16, On Level: Basement
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 20x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 640

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Frontage: 40
  • Water Name: Sylvan Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22

Utilities

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

Condo/Co-op/Association

  • Association Fees: 50

Lot Info

  • Lot Description: Waterfront, Lake, Waterfront-Level Bank
  • Lot Dimensions: 40x150
  • Estimated Lot Sq Ft: 4530
  • Estimated Lot Size Acres: 0.104

Tax Info

  • Annual Taxes: 3833.24

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
May 11, 2017
Bought by
Shoup Bruce C
Seller's Agent
Barbara Hinkle
RE/MAX Results - Wolcottville office
Buyer's Agent
Penny Miller
RE/MAX Results - Wolcottville office
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%
Current Estimated Value
$333,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,668
Avg. Annual Appreciation
7.29%
Original Mortgage
$144,000
Outstanding Balance
$75,060
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$258,608
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Shoup Bruce C $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoup Bruce C $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $180,000 -2.7% $105 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $184,900 -- $108 / Sq Ft
Source: Indiana Regional MLS

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 $4,162 $258,500 $126,100 $132,400
2023 $4,207 $236,400 $114,700 $121,700
2022 $3,733 $227,500 $109,200 $118,300
2021 $3,703 $214,200 $109,200 $105,000
2020 $3,710 $191,100 $109,200 $81,900
2019 $3,468 $171,800 $109,200 $62,600
2018 $3,552 $171,800 $109,200 $62,600
2017 $3,402 $171,200 $109,200 $62,000
2016 $3,349 $170,600 $109,200 $61,400
2014 $2,940 $146,900 $82,400 $64,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barbara Hinkle

    RE/MAX

  • P

    Buyer's Agent in 2017

    Penny Miller

    RE/MAX

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201711531

Indiana Regional MLS

APN: 570409200120000011

Indiana Noble County Rome City 46784

480 Spring Beach Dr, Rome City, IN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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