NOT LISTED FOR SALE

9804 Gerig Rd Leo, IN 46765

Estimated Value: $383,000 - $450,000

4 Beds
4 Baths
3,474 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $258,500 $74 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,578/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • In-Law or Guest Suite
  • Cedarville Elementary School Rated A-
  • 2 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of December 2019

Contingent offer accepted with 48 hour right of refusal. Light & Bright & Beautifully updated Ranch on Finished basement in Leo featuring a 1 bedroom apartment on the opposite side of the garage added in 2003 with it's own entrance. All this space on nearly an acre of peace & quiet. This is truly 2 homes for the price of 1, think a suite to care for your loved one who needs some help, an apartment for that child who is working on getting themselves out on their own or just an extra stream of income; the possibilities are endless. This home has been meticulously maintainted in pristine condition, with too many updates to list them all. The kitchen has been remodeled and now open and beautiful with QUARTZ counters, stainless appliances and white cabinets. All vinyl replacement windows. Newer flooring throughout. Waterproofed basement with transferrable lifetime warranty. Roof is only 10 years old with 30 year shingles. Battery back-up sump pump. Trane 95% HVAC. Newer doors, water heater, shed, low usage toilets in all 4 bathrooms, dusk to dawn exterior LED lights, and more! You will be happy you came!

Last Agent to Sell the Property

Elle Hinton

Coldwell Banker Real Estate Group Listed on: 10/08/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jayne Shady

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1976

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 140x276
  • Sloped Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Finished Basement
  • 1 Bathroom in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Cedarville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-03-28-226-001.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,537

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1976
  • Age: 43
  • Style: One Story
  • Total Number of Rooms: 16
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: CEDARVILLE OUT LOTS LOT 4 E 140 OF W 165 & E 140 OF W 165 OF LOT 5 EX S 220FT
  • Parcel Number ID: 02-03-28-226-001.000-082
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceilings-Vaulted, Guest Quarters
  • Inside City Limits: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 99.46
  • Zoning Description: Residential
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3550
  • Total Finished Sq Ft: 3474
  • Above Grade Finished Sq Ft: 2274
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 76
  • Price Per Sq Ft: 113.68
  • Basement: Yes
  • Basement Foundation: Finished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Breakfast Room: Dimensions: 10x10, On Level: Basement
  • Dining Room: Dimensions: 10x12, On Level: Basement
  • Family Room: Dimensions: 14x12, On Level: Main
  • Den: Dimensions: 10x10, On Level: Main
  • Recreation Room: Dimensions: 32x14, On Level: Basement
  • Extra Room: Apartment Living Room, Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Basement
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 12x10, On Level: Main
  • Other Room1: Apartment Kitchen, Dimensions: 10x8, On Level: Main
  • Main Level Sq Ft: 2274
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 1276

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx12, On Level: 6
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 140x276
  • Estimated Lot Sq Ft: 38768
  • Estimated Lot Size Acres: 0.89
  • Lot Number: 4

Tax Info

  • Annual Taxes: 1537
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Perlich James L and Perlich Melanie B
Bought by
Perlich Family Living Trust and Perlich
Current Estimated Value
$421,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$43,570
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$375,675

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 2, 2019
Sold by
Rayl Ronald W and Rayl Marcia L
Bought by
Perlich James I and Perlich Melanie B
Seller's Agent
Elle Hinton
Coldwell Banker Real Estate Group
Buyer's Agent
Jayne Shady
CENTURY 21 Bradley Realty, Inc
List Price
$259,900
Sold Price
$258,500
Premium/Discount to List
-$1,400
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$206,800
Interest Rate
3.75%
Mortgage Type
Closed End Mortgage
Source: Public Records

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
Perlich Family Living Trust -- None Listed On Document
Perlich James I -- Trademark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perlich James L $50,000
Previous Owner Perlich James I $206,800
Previous Owner Rayl Marcia L $25,000
Previous Owner Rayl Ronald W $80,000
Previous Owner Rayl Ronald W $20,000
Previous Owner Rayl Ronald W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $258,500 -0.5% $74 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $259,900 -- $75 / 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 $3,453 $386,500 $63,000 $323,500
2023 $3,378 $366,100 $53,300 $312,800
2022 $2,883 $305,700 $53,300 $252,400
2021 $2,425 $277,700 $53,300 $224,400
2020 $2,392 $266,300 $53,300 $213,000
2019 $1,666 $201,200 $53,300 $147,900
2018 $1,537 $183,300 $39,700 $143,600
2017 $1,483 $174,400 $39,700 $134,700
2016 $1,359 $164,000 $39,700 $124,300
2014 $1,271 $157,400 $39,700 $117,700
2013 $1,323 $159,800 $39,700 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201944379

Indiana Regional MLS

APN: 02-03-28-226-001.000-082