NOT LISTED FOR SALE

520 Bayview Dr Rome City, IN 46784

Estimated Value: $265,000 - $319,000

1 Bed
1 Bath
782 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $175,000 $224 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,850/month

25 Days on Market

Highlights

  • 185 Feet of Waterfront
  • Open Floorplan
  • Backs to Open Ground
  • Pier or Dock
  • Lake Property
  • Bathtub with Shower

About This Home

As of November 2020

End of summer Sylvan Lake special! Check out this quaint cottage that is ready for new owners complete with a concrete seawall and pier included! Cottage features a large kitchen with a formal dining space, plus large living room with sliding doors to the deck and fireplace. There is 1 bedroom and 1 full bath with a tub/shower combo. Plenty of parking at this location! Large lakeside deck overlooking the cove perfect for morning coffee and evening sunsets. Mature shade trees on the large lot with over 180 ft of frontage. Sylvan Lake is over 600 acres and is an all sports lake plus great for fishing...bass, crappie, and walleye plus exploring the coves, bays, islands and enjoying water sports like tubing & skiing!

Last Agent to Sell the Property

Patti Couperthwaite

Coldwell Banker Real Estate Group Listed on: 09/21/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Noel Frost

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1940

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 185x84x157
  • 185 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Irregular Lot

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

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

Schools

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

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 57-04-15-400-263.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,146

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Age: 80
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SUNSET VIEW SYLVAN LAKE LOTS 8 & 9
  • Parcel Number ID: 57-04-15-400-263.000-011
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Open Floor Plan, Tub/Shower Combination
  • Location: Lake
  • Sp Lp Percent: 97.82
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 1150
  • Total Finished Sq Ft: 782
  • Above Grade Finished Sq Ft: 782
  • Below Grade Sq Ft: 368
  • Price Per Sq Ft: 223.79
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 22x11, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 368

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 185
  • Water Name: Sylvan Lake

Utilities

  • Cooling: Window
  • Heating Fuel: Electric
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: East Noble Schools
  • Elementary School: Rome City
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: Rome City

Lot Info

  • Lot Description: Irregular, Waterfront
  • Lot Dimensions: 185x84x157
  • Estimated Lot Sq Ft: 8189
  • Estimated Lot Size Acres: 0.188

Tax Info

  • Annual Taxes: 3145.9

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
Sep 21, 2020
Closed on
Nov 23, 2020
Sold by
Warda and Julie
Bought by
Larson Stephen J
Seller's Agent
Patti Couperthwaite
Coldwell Banker Real Estate Group
Buyer's Agent
Noel Frost
Coldwell Banker Real Estate Group
List Price
$178,900
Sold Price
$175,000
Premium/Discount to List
-$3,900
-2.18%
Current Estimated Value
$280,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,521
Avg. Annual Appreciation
10.21%
Original Mortgage
$157,500
Outstanding Balance
$142,058
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$134,879
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
Larson Stephen J $175,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Stephen J $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $175,000 -2.2% $224 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $178,900 -- $229 / 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 $3,764 $236,400 $133,000 $103,400
2023 $3,848 $215,900 $120,900 $95,000
2022 $3,357 $207,600 $115,200 $92,400
2021 $3,352 $196,900 $115,200 $81,700
2020 $3,313 $173,600 $115,200 $58,400
2019 $3,208 $158,900 $115,200 $43,700
2018 $3,285 $158,900 $115,200 $43,700
2017 $3,150 $158,500 $115,200 $43,300
2016 $3,101 $158,000 $115,200 $42,800
2014 $3,126 $156,300 $117,400 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202038054

Indiana Regional MLS

APN: 570415400263000011