$196,000
SOLD OCT 10, 2024

54 Ems R4a Ln Pierceton, IN 46562

2 Beds
1 Bath
911 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$215 Per Sq Ft

13% Below List Price

106 Days on Market

Highlights

  • 46 Feet of Waterfront
  • Private Beach
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of October 2024

Have you dreamed of a Beautiful Lakefront Cottage to call home, well here is your chance! Just in time for Summer! This Amazing home offers an open floor plan with vaulted ceilings, 2 bedrooms and 1 bath. The Kitchen has plenty of cabinets and counter space for all your entertaining needs. The living room and dinning room feature floor to ceiling windows that offer fantastic views of Ridinger Lake. When you open the sliding glass doors you will find a fabulous deck that's 23 X 15 that overlooks the lake. If that wasn't enough outside space to enjoy there is a covered front porch that's 25 X 6. The shed has electricity with a workbench. You don't want to miss this one! Roof is 4 years old and has a transferable warranty.

Last Agent to Sell the Property

Amie Murphy

North Eastern Group Realty Brokerage Phone: 260-341-7212 Listed on: 05/24/2024

North Eastern Group Realty

Last Buyer's Agent

Nicholas Huffman

Steffen Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 140 x 46
  • 46 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Backs to Open Ground
  • Wood Fence

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 911 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck

Schools

  • Pierceton Elementary School
  • Whitko Middle School
  • Whitko High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-12-01-400-260.000-029

Community Details

Overview

  • Riley Memorial Beach Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 1939

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1939
  • Age: 85
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 9-2-1 LOT 102 RILEY MEMORIAL BEACH
  • Parcel Number ID: 43-12-01-400-260.000-029
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Countertops-Laminate, Deck Covered, Deck on Waterfront, Open Floor Plan, Range/Oven Hook Up Elec, Skylight(s), Tub/Shower Combination
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 911
  • Total Finished Sq Ft: 911
  • Above Grade Finished Sq Ft: 911
  • Price Per Sq Ft: 215.15
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 12x11, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 12x10
  • Fence: Wood
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 46
  • Water Name: Ridinger Lake

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 50
  • Association Fees Frequency: Annually

Schools

  • School District: Whitko
  • Elementary School: Pierceton
  • Middle School: Whitko
  • High School: Whitko
  • Elementary School: Pierceton

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 140 X 46
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 1386.64

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Whitko
  • Middle School: Whitko
  • School District: Whitko

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 10, 2024
Sold by
Leonard Kathleen E and Leonard Daniel E
Bought by
Renkenberger Benjamin H and Renkenberger Brittany N
Seller's Agent
Amie Murphy
North Eastern Group Realty
Buyer's Agent
Nicholas Huffman
Steffen Group
List Price
$224,900
Sold Price
$196,000
Premium/Discount to List
-$28,900
-12.85%
Total Days on Market
106
Views
110
Current Estimated Value
$192,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,328
Avg. Annual Appreciation
-2.23%
Original Mortgage
$176,400
Outstanding Balance
$175,402
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$17,447

Purchase Details

Closed on
May 6, 2019
Sold by
Leonard Kathleen E
Bought by
Leonard Kathleen E and Leonard Daniel E

Purchase Details

Closed on
Jun 28, 1999
Sold by
Marvin Bricker
Bought by
Seabold Willis C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $196,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Deed $42,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $196,000 0.0% $215 / Sq Ft
09/08/2024 09/08/24 Price Changed $196,000 -6.7% $215 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $210,000 -6.6% $231 / Sq Ft
05/24/2024 05/24/24 For Sale $224,900 -- $247 / 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 $1,458 $109,100 $29,600 $79,500
2023 $1,382 $100,900 $27,600 $73,300
2022 $1,155 $89,500 $24,500 $65,000
2021 $1,155 $78,900 $24,500 $54,400
2020 $1,160 $77,400 $23,600 $53,800
2019 $1,145 $73,500 $22,400 $51,100
2018 $1,064 $65,900 $22,400 $43,500
2017 $1,024 $64,000 $22,400 $41,600
2016 $1,005 $62,900 $22,400 $40,500
2014 $1,069 $63,900 $24,300 $39,600
2013 $1,069 $62,700 $24,300 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202418573

Indiana Regional MLS

APN: 43-12-01-400-260.000-029