NOT LISTED FOR SALE

5389 N 1000 E Pierceton, IN 46562

Estimated Value: $390,000 - $571,000

2 Beds
2 Baths
1,725 Sq Ft
$287/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2023

Last sale price $515,000 $299 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,854 / mo

25 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • 50 Acre Lot
  • Heavily Wooded Lot
  • Community Boat Dock
  • Lake Property
  • 1-Story Property

About This Home

As of June 2023

This stunning wildlife paradise is located at 5389 N 1000 E Pierceton, IN in Kosciusko County on Backwater Lake. As you enter the property, you'll be welcomed by breathtaking views of the lake and the surrounding wildlife. This property is truly a nature lover's paradise, as bald eagles make their home on the property, and there are trails to explore the surrounding woods. The property features a cozy living quarters nestled in a Quonset hut, making it the perfect retreat after a day of outdoor activities. The Quonset with shop provides ample space for all your storage and workspace needs, while the shed and cabin can be used as additional living space or for guests. With lake access and a dock on the property, you can enjoy fishing, boating, and other water activities right from your backyard. The outdoor lifestyle continues with ample opportunities for hunting and camping. Whether you're looking for a weekend getaway or a permanent residence, this property offers something for everyone. Enjoy the peace and tranquility of the outdoors, while still being just a short drive away from the city. Don't miss out on the opportunity to own your very own wildlife paradise in Pierceton, IN! **Home is a Quonset. There are two rooms that are used as bedrooms (no windows). Shop is a Quonset style.

Last Agent to Sell the Property

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 04/29/2023

Co-Listed By

Ty Mills

Mossy Oak Properties/Indiana Land and Lifestyle

Last Buyer's Agent

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 04/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1995

Lot Details

  • 50 Acre Lot
  • Lot Dimensions are 900' x 2700'
  • 1,000 Feet of Waterfront
  • Lake Front
  • Heavily Wooded Lot

Home Design

  • Cabin

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Propane
  • Private Water Source
  • Private Sewer

Community Details

  • Community Boat Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-13-200-637.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,212

Year Built

Built in 1995

Lot Details

50 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1995
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: NE PT SE 13-33-7 50 A
  • Parcel Number ID: 43-08-13-200-637.000-023
  • Platted: Yes
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1725
  • Total Finished Sq Ft: 1725
  • Above Grade Finished Sq Ft: 1725
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Outbuilding1: Outbuilding, Dimensions: 69x25
  • Lake Type: Non Ski Lake
  • Water Frontage: 1000
  • Water Name: The Backwaters

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Propane
  • Sewer: Private
  • Water Utilities: Private
  • Water Type: Lake

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

  • Elementary School: North Webster

Lot Info

  • Lot Description: Heavily Wooded
  • Lot Dimensions: 900' X 2700'
  • Estimated Lot Sq Ft: 2178000
  • Estimated Lot Size Acres: 50

Tax Info

  • Annual Taxes: 2212

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 12, 2023
Sold by
Herbst Eruc J
Bought by
Yoder Amos and Yoder Amanda M
Seller's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
Buyer's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
List Price
$600,000
Sold Price
$515,000
Premium/Discount to List
-$85,000
-14.17%
Views
40
Current Estimated Value
$494,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,679
Avg. Annual Appreciation
-1.43%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Yoder Amos -- Metropolitan Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $515,000 -6.4% $299 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $550,000 -8.3% $319 / Sq Ft
04/29/2023 04/29/23 For Sale $600,000 -- $348 / 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
2025 $2,579 $289,600 $47,200 $242,400
2024 $2,579 $263,000 $40,500 $222,500
2023 $2,238 $288,200 $179,500 $108,700
2022 $2,212 $277,900 $179,500 $98,400
2021 $2,175 $265,100 $179,500 $85,600
2020 $567 $111,900 $30,400 $81,500
2019 $568 $110,600 $32,600 $78,000
2018 $507 $107,400 $33,000 $74,400
2017 $526 $106,900 $35,000 $71,900
2016 $459 $106,100 $34,800 $71,300
2014 $439 $96,750 $35,500 $61,250
2013 $439 $76,050 $33,200 $42,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202313485

Indiana Regional MLS

APN: 43-08-13-200-637.000-023

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