NOT LISTED FOR SALE

9022 Gerig Rd Leo, IN 46765

Estimated Value: $352,000 - $412,469

3 Beds
2.5 Baths
2,680 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $190,000 $71 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,380/month

31 Days on Market

Highlights

  • Waterfront
  • Dining Room with Fireplace
  • Traditional Architecture
  • Cedarville Elementary School Rated A-
  • Partially Wooded Lot
  • Whirlpool Bathtub

About This Home

As of February 2013

Nature lovers paradise!!! Beautiful home on over 3 partially wooded acres in Leo school district. Spend your days canoeing down cedar creek or watching the abundant wildlife while relaxing in the 3 season room. Hike down through the woods on a trail that leads you to a perfect spot to launch a canoe. Roof is only 4 years old and a complete tear off. The home features hard wood flooring and woodwork, a 10x20 log cabin, and a large detached workshop with porch and overhead doors. It also has a generator hook up in case of power failure.The log cabin would make the ultimate play house for the kids. No need to update since it has already been done for you. This property is stunning and must be seen to be appreciated.

Last Listed By

Justin Heffernan

Heffernan Properties Corp. Listed on: 12/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1972

Lot Details

  • 3.35 Acre Lot
  • Waterfront
  • Rural Setting
  • Partially Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Dining Room with Fireplace
  • Screened Porch
  • Finished Basement
  • Natural lighting in basement
  • Attic Fan
  • Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating 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 020328100006000083

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Age: 41
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: E 175 OF W 475 FT N OF CED CRK C1 E1/2 NW1/4 SEC 28
  • Parcel Number ID: 020328100006000083
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Deck Open, Disposal, Dryer Hook Up Gas, Garage Door Opener, Jet Tub, Porch Screened, Range/Oven Hook Up Gas, Split Br Floor Plan
  • Cross Street: Halter
  • Location: Rural
  • Sp Lp Percent: 88.79
  • State Id: 02-03-28-100-006.000-083
  • Special Features: None

Interior Features

  • Total Sq Ft: 2730
  • Total Finished Sq Ft: 2680
  • Above Grade Finished Sq Ft: 1480
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 50
  • Price Per Sq Ft: 128.38
  • Basement Foundation: Daylight, Partial Basement, Finished
  • Fireplace: Dining Rm
  • Living Great Room: On Level: N
  • Kitchen: Dimensions: 13x15, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 12x15, On Level: Main
  • Family Room: Dimensions: 13x19, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 13x14, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 14x9, On Level: Basement
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1250

Exterior Features

  • Exterior: Aluminum, Brick
  • Outbuilding1: 2nd Detached Garage, Dimensions: 30x28, 840
  • Outbuilding2: Barn, Dimensions: 20x10, 200

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Gas, Forced Air, Radiant
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: On Level: 7
  • Water Type: River
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo

Lot Info

  • Lot Description: Partially Wooded, Waterfront
  • Estimated Lot Sq Ft: 145926
  • Estimated Lot Size Acres: 3.35
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 1938
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2012
Closed on
Feb 15, 2013
Sold by
Conley Tip N and Conley Marlene
Bought by
Butler Daniel
Seller's Agent
Justin Heffernan
Heffernan Properties Corp.
Buyer's Agent
Justin Heffernan
Heffernan Properties Corp.
List Price
$114,000
Sold Price
$190,000
Premium/Discount to List
$76,000
66.67%
Total Days on Market
31
Current Estimated Value
$382,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,117
Avg. Annual Appreciation
5.88%
Original Mortgage
$130,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2006
Sold by
Conley Tip N and Conley Marlene
Bought by
Conley Tip N and Conley Marlene

Purchase Details

Closed on
Jul 12, 2001
Sold by
Butler Norma
Bought by
Conley Tip N and Conley Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,900
Interest Rate
7.27%

Range of Values:

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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
Butler Daniel -- None Available
Conley Tip N -- None Available
Conley Tip N -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Butler Daniel $130,000
Previous Owner Conley Tip N $170,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $190,000 +66.7% $71 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/09/2012 12/09/12 For Sale $114,000 -- $43 / 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 $3,133 $373,500 $109,900 $263,600
2022 $3,054 $296,300 $82,000 $214,300
2021 $2,576 $261,000 $82,000 $179,000
2020 $2,580 $252,500 $82,000 $170,500
2019 $2,356 $237,700 $82,000 $155,700
2018 $2,078 $209,700 $59,000 $150,700
2017 $2,090 $204,600 $59,000 $145,600
2016 $1,965 $194,200 $59,000 $135,200
2014 $2,035 $198,300 $59,000 $139,300
2013 $2,128 $201,800 $59,800 $142,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201212540

Indiana Regional MLS

APN: 02-03-28-100-006.000-082