NOT LISTED FOR SALE

9911 Garman Rd Leo, IN 46765

Estimated Value: $376,000 - $428,441

3 Beds
2 Baths
2,056 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $375,000 $182 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,378/month

11 Days on Market

Highlights

  • Waterfront
  • Heavily Wooded Lot
  • Forced Air Heating and Cooling System
  • Cedarville Elementary School Rated A-
  • 2 Car Attached Garage
  • Creek or Stream

About This Home

As of June 2024

. Rare opportunity to own FIVE private, heavily wooded acres, nestled alongside beautiful Cedar Creek. TONS of mature native trees, wildflowers galore, and plenty of wildlife activity, this enchanting property offers the perfect balance of privacy, and convenience. This 3 bedroom, 2 bathroom house is an updater's dream, providing "good bones" and endless potential for customization and personalization. A large 25X13 bonus room upstairs adds even more flexibility with a renovation. The rear of the property has access from Amstutz road via a second driveway and showcases a 24X18 building perfect for a workshop, studio, camping lodge, or additional storage. Conveniently located in Leo, and in the popular East Allen County School district. City sewer and water are available. Don't miss this opportunity to create your dream home in a tranquil, natural setting.

Last Agent to Sell the Property

Justin Longardner

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-602-1690 Listed on: 05/21/2024

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Jamie Rencher

Allure Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 1973

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 435x512
  • Waterfront
  • Creek or Stream
  • Level Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,056 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-04-400-018.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,874

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1973
  • Age: 51
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 495 OF E 440FT NE1/4 SE1/4 EX PT TO RD SEC 4
  • Parcel Number ID: 02-03-04-400-018.000-042
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2056
  • Total Finished Sq Ft: 2056
  • Above Grade Finished Sq Ft: 2056
  • Price Per Sq Ft: 182.39
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Kitchen: Dimensions: 8x15, On Level: Main
  • Dining Room: Dimensions: 12x8, On Level: Main
  • Family Room: Dimensions: 15x12, On Level: Main
  • Extra Room: Bonus Room, Dimensions: 25x13, On Level: Upper
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 13x16, On Level: Upper
  • Bedroom 3: Dimensions: 9x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Outbuilding, Dimensions: 18x24

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x21
  • Garage Sq Ft: 504
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Creek
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Level, Slope, Wooded, Waterfront-High Bank
  • Lot Dimensions: 435x512
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 2874.44
  • Exemptions: Homestead

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 2, 2024
Sold by
Gorrell Karen A
Bought by
Kiger Kari and Kiger Christopher
Seller's Agent
Justin Longardner
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Jamie Rencher
Allure Realty LLC
List Price
$375,000
Sold Price
$375,000
Views
47
Current Estimated Value
$403,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,360
Avg. Annual Appreciation
3.23%
Original Mortgage
$300,000
Outstanding Balance
$297,708
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$92,507

Purchase Details

Closed on
Sep 22, 2004
Sold by
Gorrell Richard D
Bought by
Gorrell Karen A
Source: Public Records

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
Kiger Kari $375,000 None Listed On Document
Gorrell Karen A -- First Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiger Kari $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $375,000 0.0% $182 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $375,000 -- $182 / 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 $2,874 $335,000 $136,400 $198,600
2022 $2,491 $281,600 $113,800 $167,800
2021 $2,412 $253,700 $113,800 $139,900
2020 $2,402 $246,600 $113,800 $132,800
2019 $2,049 $234,100 $113,800 $120,300
2018 $2,036 $227,400 $101,600 $125,800
2017 $2,226 $228,100 $114,900 $113,200
2016 $2,143 $219,300 $114,900 $104,400
2014 $2,032 $210,300 $114,900 $95,400
2013 $1,996 $207,000 $107,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202418113

Indiana Regional MLS

APN: 02-03-04-400-018.000-042