NOT LISTED FOR SALE

6197 E State Road 16 Roann, IN 46974

Estimated Value: $222,000 - $246,000

3 Beds
2 Baths
2,891 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $199,000 $69 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,298/month

43 Days on Market

Highlights

  • 92 Feet of Waterfront
  • Partially Wooded Lot
  • 1-Story Property
  • Fireplace in Bedroom
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Check out the potential this sprawling ranch home has sitting right on the beautiful Eel River !! This home boasts almost 3,000 sqft of living area all on one level and has an additional room complete with fireplace and bar in the basement. Multiple living areas including a massive family room / rec room in the center of the home with large windows facing the outdoor patio and river, two bedrooms and a full bathroom located on one end of the home and a large master suite on the other end with full bathroom, walk in closet, and a full wall length brick fireplace in the main bedroom!! This beauty needs some TLC and updating throughout but offers zoned heating and cooling with two separate electric forced air furnaces and heat pump central air units, 200 amp electric service, ample room for family or entertaining, a FOUR CAR attached garage, and gorgeous private wooded setting right on the river !! Outside you have a circle driveway, nice sized yard, backyard is chain link fenced, a large concrete patio area and outdoor bar area this building has a sitting area, wet bar, bathroom with shower, and storage area. Located just outside Roann IN on the edge of Miami County on State Rd 16.

Last Agent to Sell the Property

Kristi Lundquist

Lundquist Appraisals & Real Estate Brokerage Email: kristi@lundquistrealestate.com Listed on: 02/08/2024

Co-Listed By

John Lundquist

Lundquist Appraisals & Real Estate Brokerage Email: kristi@lundquistrealestate.com

Last Buyer's Agent

Rachael Conn

Martino Realty & Auctioneers - Monticello

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1962

Lot Details

  • 2.8 Acre Lot
  • 92 Feet of Waterfront
  • River Front
  • Level Lot
  • Partially Wooded Lot

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Fireplace in Basement
  • Block Basement Construction

Schools

  • North Miami Elementary And Middle School
  • North Miami High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 52-06-03-200-015.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$961

Year Built

Built in 1962

Lot Details

2.8 Acres

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1962
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 018-32001-01 PT NW1/4 N OF RIVER; 3-28-5; 2.80 ACRES; 33 320 00101
  • Parcel Number ID: 52-06-03-200-015.000-019
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3258
  • Total Finished Sq Ft: 2891
  • Above Grade Finished Sq Ft: 2891
  • Below Grade Sq Ft: 367
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished, Slab
  • Basement Material: Block
  • Number Of Fireplaces: 3
  • Fireplace: Living/Great Rm, Rec Rm, 1st Bdrm, Wood Burning, Basement, Fireplace Insert, Wood Burning Stove
  • Fireplace: Yes
  • Living Great Room: Dimensions: 22x16, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Family Room: Dimensions: 38x20, On Level: Main
  • Recreation Room: Dimensions: 33x14, On Level: Basement
  • Bedroom 1: Dimensions: 20x20, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 367

Exterior Features

  • Exterior: Brick, Shingle, Wood
  • Outbuilding1: Bath House, Dimensions: 21x20, 420
  • Water Frontage: 92
  • Water Name: Eel River

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 52x26
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Electric, Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx9, On Level: 11
  • Water Type: River
  • Well Type: Private

Schools

  • Elementary School: North Miami

Lot Info

  • Lot Description: Level, Partially Wooded, Waterfront
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 121968
  • Estimated Lot Size Acres: 2.8

Tax Info

  • Annual Taxes: 961

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: North Miami
  • Middle School: North Miami
  • School District: North Miami Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 27, 2024
Sold by
Mitting Gregory
Bought by
Mcdowell Richard K and Mcdowell Regina M
Seller's Agent
Kristi Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Rachael Conn
Martino Realty & Auctioneers - Monticello
List Price
$199,000
Sold Price
$199,000
Views
195
Current Estimated Value
$235,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,410
Avg. Annual Appreciation
8.86%
Original Mortgage
$179,100
Outstanding Balance
$175,513
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$59,897
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mcdowell Richard K $199,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell Richard K $179,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $199,000 0.0% $69 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $199,000 -- $69 / 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 $717 $222,700 $23,000 $199,700
2024 $717 $165,500 $23,000 $142,500
2023 $717 $167,000 $23,000 $144,000
2022 $961 $171,700 $23,000 $148,700
2021 $887 $158,300 $23,000 $135,300
2020 $824 $158,300 $23,000 $135,300
2019 $789 $158,300 $23,000 $135,300
2018 $717 $157,600 $23,000 $134,600
2017 $636 $151,800 $19,300 $132,500
2016 $617 $151,800 $19,300 $132,500
2014 $489 $148,900 $19,300 $129,600
2013 -- $155,300 $19,300 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202404064

Indiana Regional MLS

APN: 52-06-03-200-015.000-019

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