NOT LISTED FOR SALE

5306 Ranch Rd Leo, IN 46765

Estimated Value: $348,000 - $426,000

4 Beds
2 Baths
2,396 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $337,500 $141 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,232/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Partially Wooded Lot
  • Cedar Canyon Elementary School Rated A-
  • Ranch Style House
  • Backs to Open Ground

About This Home

As of August 2022

MULTIPLE OFFERS, HIGHEST & BEST BY 6:00 tonight--8/4/22*****Spread out in this large ranch home on nearly 2 acres! Just short of 2,400 sqft this home offers 4 bedrooms, 2 living areas and a formal dining room. The interior has been well maintained and updated. Major replacements have been made in the last 10 years; windows, siding, roof, insulation, plumbing, electrical, furnace and A/C. Enjoy the enclosed porch & 14 X 17 deck. There's more.... a newer 28x30 detached garage and not 1, not 2, but 3 outdoor seating areas! Lots of trees & an awesome view of the neighbors huge pond! Perfect to take in all the wildlife surrounding the home. Easy access to shopping, hospitals & 69.

Last Agent to Sell the Property

Charlotte Suntken

Mike Thomas Associates, Inc. Listed on: 08/03/2022

Mike Thomas Associates, Inc.

Last Buyer's Agent

Jeffrey Huffman

Homeland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1956

Lot Details

  • 1.99 Acre Lot
  • Lot Dimensions are 351x260
  • Backs to Open Ground
  • Landscaped
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Masonry Siding
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 2,396 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Cedar Canyon Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Ceiling
  • Well
  • Community Well
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Lighting
  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-02-13-277-003.000-057

Community Details

Recreation

  • Community Playground

Additional Features

  • Cedar Canyons Subdivision
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1956
  • Age: 66
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cedar Canyons Sec 2 Lot 55
  • Parcel Number ID: 02-02-13-277-003.000-057
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Garage Door Opener, Kitchen Island, Landscaped, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Porch Covered, Range/Oven Hook Up Gas, Utility Sink, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Cross Street: Tonkel
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2396
  • Total Finished Sq Ft: 2396
  • Above Grade Finished Sq Ft: 2396
  • Price Per Sq Ft: 140.86
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 20x11, On Level: Main
  • Dining Room: Dimensions: 19x12, On Level: Main
  • Family Room: Dimensions: 19x19, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Bedroom 4: Dimensions: 12x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl, Masonry
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 28x30
  • Outbuilding2: Shed, Dimensions: 8x12, 96

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Ceiling, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: DirectTV
  • Laundry: Dimensions: Mainx7, On Level: 19
  • Well Type: Community

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 125
  • Common Amenities: Playground

Schools

  • School District: Northwest Allen County
  • Elementary School: Cedar Canyon
  • Middle School: Maple Creek
  • High School: Carroll
  • Elementary School: Cedar Canyon

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 351x260
  • Estimated Lot Sq Ft: 86684
  • Estimated Lot Size Acres: 1.99
  • Lot Number: 55

Green Features

  • Energy Efficient: Electrical/Lighting, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 2017.2
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Carroll
  • Middle School: Maple Creek
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Aug 25, 2022
Sold by
Mullane Garry A and Mullane Sharon D
Bought by
Johnston Nicholas A and Johnston Hugh W
Seller's Agent
Charlotte Suntken
Mike Thomas Associates, Inc.
Buyer's Agent
Jeffrey Huffman
Homeland Realty
List Price
$337,500
Sold Price
$337,500
Current Estimated Value
$386,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,850
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Jul 3, 2015
Closed on
Jul 31, 2015
Sold by
Pereira Penny C and Pereira Michael A
Bought by
Mullane Garry A and Mullane Sharon D
Seller's Agent
Christopher Wolf
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Charlotte Suntken
Mike Thomas Associates, Inc.
List Price
$209,900
Sold Price
$202,500
Premium/Discount to List
-$7,400
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$192,375
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2012
Sold by
Pereira Penny C and Ward Nancy A
Bought by
Pereira Penny C and Pereira Michael A

Purchase Details

Closed on
May 18, 2006
Sold by
Leavitt Penny C
Bought by
Pereira Penny C and Ward Nancy A

Purchase Details

Closed on
May 29, 2003
Sold by
Fannie Mae
Bought by
Leavitt Penny C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,360
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Squier Jack D H
Bought by
Mers and Countrywide Home Loans Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,360
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Mers
Bought by
Federal National Mortgage Association
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
Johnston Nicholas A -- None Listed On Document
Mullane Garry A -- Metropolitan Title Of In
Pereira Penny C -- None Available
Pereira Penny C -- None Available
Leavitt Penny C -- Inv Titlecorp
Mers $113,910 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullane Garry A $192,375
Previous Owner Leavitt Penny C $65,360
Closed Leavitt Penny C $16,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $337,500 0.0% $141 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $337,500 +66.7% $141 / Sq Ft
07/31/2015 07/31/15 Sold $202,500 -3.5% $85 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $209,900 -- $88 / 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 $2,202 $287,000 $65,500 $221,500
2022 $2,074 $267,500 $65,500 $202,000
2021 $2,017 $246,600 $65,500 $181,100
2020 $1,986 $236,800 $65,500 $171,300
2019 $1,785 $211,000 $39,500 $171,500
2018 $1,735 $202,700 $39,500 $163,200
2017 $1,497 $179,800 $39,500 $140,300
2016 $1,541 $179,500 $39,500 $140,000
2014 $1,003 $120,400 $39,500 $80,900
2013 $1,220 $131,100 $39,800 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202232123

Indiana Regional MLS

APN: 02-02-13-277-003.000-057