NOT LISTED FOR SALE

550 Spring Beach Rd Rome City, IN 46784

Estimated Value: $563,000 - $616,000

5 Beds
2.5 Baths
2,808 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $390,000 $139 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,491/month

103 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Open Floorplan
  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of September 2019

*** Updated Year Round Lake Home on Beautiful 660 Acre All Sport Sylvan Lake with 150' of Lake Views to Watch the Gorgeous Sunsets *** There is an additional Lot Available to Purchase Separately from Lake Home MLS #201915260 * This Large Home Features 5 Bedrooms and 2 1/2 Baths * The Home Sits on 2 Lots * Just Move Right In as This Home is Being Sold Mostly Furnished * Including 2 Aluminum Piers, 20' Godfrey Pontoon Boat w/50 HP Johnson Motor, 2 Outside Tables w/Chairs and Umbrellas, 3 BR's furnished, LR Sectional, Many Chairs etc. Recent Updates Include: Exterior Doors Plus Storm Doors, Windows, Roof Shingles, Flooring, Tile Back-Splash, Walk-In Tile Shower, Stamped Concrete Patio and More * All Appliances Included in Sale are Not Warranted * Reserved Items: Washer & Dryer, Extra Refrigerator in walk-in closet, Desk and Chair in Master, DR Table and Chairs and Hutch, Kitchen Storage Hutch, LR TV and Stand and End Tables, Deck Glider, Wine Rack * Avg Utilities: NIPSCO Gas & Electric: $224.00/Month, Town of Rome City Sewer: $45/Month * SELLER PREFERS TO SELL LAKEFRONT HOME FIRST BEFORE SELLING ADDITIONAL LOT WITH GARAGE SO HOME BUYER MAY HAVE FIRST OPPORTUNITY TO BUY *

Last Agent to Sell the Property

Beverly Grzych

BKM Real Estate Listed on: 04/23/2019

Last Buyer's Agent

Melissa Maddox

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • 50 Feet of Waterfront
  • Backs to Open Ground
  • Wood Fence
  • Landscaped

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Gas And Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Attic

  • Attic Fan
  • Storage In Attic

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Shared Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Deeded Waterfront Access Rights
  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 57-04-10-300-024.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Age: 99
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Zuber Circle Lots 12 & 13 (300-025)
  • Parcel Number ID: 57-04-10-300-024.000-011
  • Platted: Yes
  • Amenities: Attic Storage, Built-In Bookcase, Cable Ready, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Porch Open, Range/Oven Hk Up Gas/Elec, Six Panel Doors, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Custom Cabinetry
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 93.98
  • Year Taxes Payable: 18/19
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2808
  • Total Finished Sq Ft: 2808
  • Above Grade Finished Sq Ft: 2808
  • Price Per Sq Ft: 138.89
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Fireplace Screen/Door, Gas Log, Vented
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Living Great Room: Dimensions: 22x14, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main
  • Dining Room: Dimensions: 9x9, On Level: Basement
  • Den: Dimensions: 22x9, On Level: Main
  • Bedroom 1: Dimensions: 22x11, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Bedroom 5: Dimensions: 11x10, On Level: Upper
  • Main Level Sq Ft: 1584
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 100
  • Fence: Wood
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Deeded, Pier/Dock
  • Water Frontage: 50
  • Water Name: Sylvan Lake

Garage/Parking

  • Driveway: Asphalt, Shared
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Hvac: Attic Fan, Ceiling Fan
  • Laundry: Dimensions: Mainx7, On Level: 6
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Sidewalks

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: 0-2.9999, Water View, Waterfront-Level Bank
  • Lot Dimensions: 50x100
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Green Features

  • Energy Efficient: Appliances, Doors, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Storm Doors

Tax Info

  • Annual Taxes: 2070.18
  • Exemptions: Over 65, Disabled Vet, Homestead

Multi Family

  • Water Access: Frontage Lot

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
Apr 23, 2019
Closed on
Aug 30, 2019
Sold by
Poffenberger Joe E
Bought by
Collett James
Seller's Agent
Beverly Grzych
BKM Real Estate
Buyer's Agent
Melissa Maddox
North Eastern Group Realty
List Price
$449,500
Sold Price
$390,000
Premium/Discount to List
-$59,500
-13.24%
Current Estimated Value
$592,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,185
Avg. Annual Appreciation
7.25%
Original Mortgage
$312,000
Outstanding Balance
$273,885
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$320,401
Source: Public Records

Range of Values:

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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
Collett James $390,000 Centurion Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collett James $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $390,000 -6.0% $139 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $415,000 -5.7% $148 / Sq Ft
06/19/2019 06/19/19 Price Changed $439,900 -2.2% $157 / Sq Ft
04/24/2019 04/24/19 Price Changed $449,900 +0.1% $160 / Sq Ft
04/23/2019 04/23/19 For Sale $449,500 -- $160 / 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 $3,483 $465,700 $129,800 $335,900
2023 $3,647 $426,500 $118,000 $308,500
2022 $3,291 $412,600 $112,400 $300,200
2021 $3,123 $377,900 $112,400 $265,500
2020 $6,080 $313,200 $112,400 $200,800
2019 $1,974 $278,700 $112,400 $166,300
2018 $1,969 $278,700 $112,400 $166,300
2017 $1,856 $280,000 $112,400 $167,600
2016 $1,820 $278,300 $112,400 $165,900
2014 $1,424 $241,300 $97,500 $143,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201915249

Indiana Regional MLS

APN: 570410300024000011