NOT LISTED FOR SALE

2740 S Lima Rd Kendallville, IN 46755

Estimated Value: $96,000 - $114,000

2 Beds
1 Bath
625 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $53,540 $86 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $584/month

20 Days on Market

About This Home

As of August 2022

2 bed, 1 bath home on 1/3 arce. With some minor cosmetic updates this could be a great investment or affordable home outside city limits.

Last Listed By

Rebecca Maldeney

Indiana Real Estate Listed on: 05/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1958

Lot Details

  • 0.3 Acre Lot
  • Rural Setting

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 625 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • South Side Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Forced Air Heating System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 57-07-29-100-030.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Age: 64
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Frl Pt Nw1/4 W of Hwy Ne1/4 sec 16 .30ac
  • Parcel Number ID: 57-07-29-100-030.000-019
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 82.5
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 625
  • Total Finished Sq Ft: 625
  • Above Grade Finished Sq Ft: 625
  • Price Per Sq Ft: 85.66
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 13x7, On Level: Main
  • Bedroom 1: Dimensions: 8x11, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: East Noble Schools
  • Elementary School: South Side
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: South Side

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: irr
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 506

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Aug 10, 2022
Sold by
Piazza Investments Llc
Bought by
Ethan Rayle
Seller's Agent
Rebecca Maldeney
Indiana Real Estate
Buyer's Agent
Rebecca Maldeney
Indiana Real Estate
List Price
$64,900
Sold Price
$53,540
Premium/Discount to List
-$11,360
-17.5%
Total Days on Market
20
Views
1
Current Estimated Value
$102,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,903
Avg. Annual Appreciation
26.94%

Purchase Details

Closed on
May 9, 2022
Sold by
Gulick Raymond E and Gulick Connie S
Bought by
Piazza Investments Llc

Range of Values:

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Average Value
Not Available
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
Ethan Rayle $53,540 Trademark Title Inc
Piazza Investments Llc $28,000 Trademark Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $53,540 -17.5% $86 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $64,900 -- $104 / 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 $154 $63,400 $17,400 $46,000
2023 $159 $66,800 $16,800 $50,000
2022 $127 $46,500 $9,900 $36,600
2021 $506 $40,100 $7,800 $32,300
2020 $449 $33,000 $7,100 $25,900
2019 $454 $31,500 $6,800 $24,700
2018 $466 $31,400 $6,800 $24,600
2017 $469 $32,700 $8,300 $24,400
2016 $455 $32,400 $8,300 $24,100
2014 $439 $29,100 $8,300 $20,800
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202217585

Indiana Regional MLS

APN: 570916100133000003