NOT LISTED FOR SALE

7 Ems T13b Ln Leesburg, IN 46538

Estimated Value: $420,075 - $488,000

3 Beds
1.5 Baths
1,575 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $124,900 $79 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $2,606/month

72 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Lake, Pond or Stream
  • Corner Lot
  • Waterski or Wakeboard

About This Home

As of February 2014

SOLD IN AS IS CONDITION . NEW PAINT AND CARPET, 3 BEDROOMS, 1.5 BATHS, OFFICE SPACE, LARGE LIVING ROOM AND DINING ROOM, 2 CAR ATTACHED GARAGE, CORNER LOT, CHANNEL FRONT TIPPECANOE LAKE. This property is eligible under the Freddie Mac First Look Initiative through 11.11.2013. Investors may submit offers at anytime; however, the offers will not be considered for negotiation until after the 15-day time period. RECOMMEND SURVEY FOR ACCURATE CHANNEL FRONTAGE.

Last Listed By

Fred Johnson

RE/MAX Results- Warsaw Listed on: 10/28/2013

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • 20 Feet of Waterfront
  • Home fronts a canal
  • Rural Setting
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,575 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-08-18-200-275.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,761

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1968
  • Age: 46
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 1 DU CU NEE VILLAGE
  • Parcel Number ID: 43-08-18-200-275.000-023
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • Location: Rural
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1575
  • Total Finished Sq Ft: 1575
  • Above Grade Finished Sq Ft: 1575
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 14x19, On Level: Main
  • Kitchen: Dimensions: 10x14, On Level: Main
  • Dining Room: Dimensions: 12x16, On Level: Main
  • Extra Room: OFFICE, Dimensions: 8x12, On Level: Main
  • Bedroom 1: Dimensions: 8x9, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Channel Canal Frontage: 20
  • Lake Type: Ski Lake
  • Water Frontage: 20
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 3xMain, On Level: 6
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: .29 ACRES
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29
  • Lot Number: 1
  • Zoning: A Single Family Residential

Tax Info

  • Annual Taxes: 1761

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Feb 19, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dailey Thomas S and Dailey Peggy L
Seller's Agent
Fred Johnson
RE/MAX Results- Warsaw
Buyer's Agent
Mary Murray
RE/MAX Results-Goshen
List Price
$134,900
Sold Price
$124,900
Premium/Discount to List
-$10,000
-7.41%
Total Days on Market
72
Current Estimated Value
$445,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,619
Avg. Annual Appreciation
11.87%
Original Mortgage
$125,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2013
Sold by
First Federal Savings Bank
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 27, 2013
Sold by
Rodriguez Edwin R and Rodriguez Angie K
Bought by
First Federal Savings Bank

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
Dailey Thomas S $124,900 Total Title
Federal Home Loan Mortgage Corp -- None Available
First Federal Savings Bank $161,226 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dailey Thomas S $125,000
Previous Owner Rodriguez Edwin R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2014 02/20/14 Sold $124,900 -7.4% $79 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $134,900 -- $86 / 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 $1,628 $353,500 $112,000 $241,500
2023 $1,515 $339,400 $107,300 $232,100
2022 $1,548 $322,600 $107,300 $215,300
2021 $1,212 $265,700 $93,300 $172,400
2020 $886 $223,900 $87,100 $136,800
2019 $873 $223,900 $87,100 $136,800
2018 $719 $210,400 $80,900 $129,500
2017 $700 $204,700 $80,900 $123,800
2016 $582 $200,000 $76,200 $123,800
2014 $520 $206,800 $94,700 $112,100
2013 $520 $231,900 $119,800 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201316372

Indiana Regional MLS

APN: 43-08-18-200-275.000-023