NOT LISTED FOR SALE

Estimated Value: $441,000 - $449,832

4 Beds
2 Baths
2,656 Sq Ft
$240/mo HOA Fee

Last Sold May 11, 2022

Last sale price $437,675 $165 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,083/month

23 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Ranch Style House
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream
  • 2 Car Attached Garage

About This Home

As of May 2022

CHARMING 4 BEDROOM 2 BATH VILLAMINIUM WATERFRONT LOT • GARAGE • 2,656 SF The price stated on this property is the assessed value. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. This property is being sold at public auction on Thursday, April 14th, 2022 at 6:00 PM. Please visit our website for our auction terms scheerermcculloch.com.

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 03/22/2022

Last Buyer's Agent

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 03/22/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 1998

Lot Details

  • 0.32

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 2,656 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling Fan
  • Living Room with Fireplace
  • Carpet
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Lake, Pond or Stream
  • Waterfront

Community Details

  • Covington Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-15-278-003.000-075

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,141

Year Built

Built in 1998

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1998
  • Age: 24
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Covington Reserve Sec Ii Lot 64
  • Parcel Number ID: 02-11-15-278-003.000-075
  • Platted: Yes
  • Amenities: Attic-Walk-up, Built-In Bookcase, Ceiling Fan(s), Dryer Hook Up Gas/Elec, Garden Tub, Main Level Bedroom Suite, Main Floor Laundry
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 2656
  • Total Finished Sq Ft: 2656
  • Above Grade Finished Sq Ft: 2656
  • Price Per Sq Ft: 164.79
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Family Room: Dimensions: 17x17, On Level: Main
  • Bedroom 1: Dimensions: 12x17, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Bedroom 4: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Asphalt, Brick, Shingle, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x23
  • Garage Sq Ft: 529
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 6
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 240
  • Association Fees Frequency: Monthly

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Dimensions: 106x133
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Tax Info

  • Annual Taxes: 3140.76

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 16, 2022
Sold by
Wilkerson Patrick M
Bought by
Steinacker Kent and Steinacker Cynthia K
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$299,000
Sold Price
$437,675
Premium/Discount to List
$138,675
46.38%
Current Estimated Value
$445,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,533
Avg. Annual Appreciation
-0.26%
Original Mortgage
$328,000
Outstanding Balance
$312,331
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$121,747

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 16, 2020
Sold by
Pandit Ashwini W
Bought by
Wilkerson Patrick M
Seller's Agent
David Peare
RE/MAX Results
Buyer's Agent
Andrea Zehr
eXp Realty, LLC
List Price
$309,900
Sold Price
$300,200
Premium/Discount to List
-$9,700
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.76%
Original Mortgage
$285,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 1, 2018
Sold by
Deister Cynthia
Bought by
Pandit Aswini W
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$282,900
Sold Price
$250,000
Premium/Discount to List
-$32,900
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jun 29, 2017
Sold by
Deister Cynthia
Bought by
Deister Cynthia
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 Buyer Sale Price Title Company
Wilkerson Patrick M -- Metropolitan Title Of In
Pandit Aswini W -- Metropolitan Title Of Indian
Deister Cynthia -- None Available
Steinacker Kent $437,675 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinacker Kent $328,000
Previous Owner Wilkerson Patrick M $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $437,675 +46.4% $165 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $299,000 -0.4% $113 / Sq Ft
10/07/2020 10/07/20 Sold $300,200 -3.1% $114 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $309,900 +24.0% $117 / Sq Ft
03/01/2018 03/01/18 Sold $250,000 -11.6% $95 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $282,900 -- $107 / 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 $4,352 $421,100 $78,400 $342,700
2022 $3,872 $357,200 $53,700 $303,500
2021 $3,141 $299,000 $53,700 $245,300
2020 $3,039 $288,500 $53,700 $234,800
2019 $2,638 $249,800 $53,700 $196,100
2018 $2,651 $250,500 $53,700 $196,800
2017 $5,374 $253,900 $53,700 $200,200
2016 $2,666 $249,800 $53,700 $196,100
2014 $2,442 $230,700 $53,700 $177,000
2013 $2,483 $233,200 $53,700 $179,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202209528

Indiana Regional MLS

APN: 02-11-15-278-003.000-075