NOT LISTED FOR SALE

1041 Chapman Lake Dr Warsaw, IN 46582

Estimated Value: $355,000 - $412,000

2 Beds
1 Bath
1,118 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $302,000 $270 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,398/month

3 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Lake Property
  • Eat-In Kitchen
  • Warsaw Community High School Rated A-
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of August 2021

A lakefront opportunity you don't want to miss on the highly sought after Big Chapman Lake! This home can be enjoyed seasonally or year round. Whichever your preference, you'll be sure to enjoy #lakelife at this amazing community and all it has to offer. Big Chapman Lake combined with Little Chapman offers 638 acres of water for all of your lake sports including skiing, boating, fishing and plenty of gatherings at the sand bars! From community fish fry & pancake breakfasts to the grand 4th of July fireworks display, you'll find plenty to indulge in all season long. This cottage offers two bedrooms, 1 bath, 1,254 sq ft and 70 ft of lakefront property. Enjoy quiet meals in the kitchen and combined dining room. A large living room is located at the front of the home featuring plenty of windows allowing for plenty of uninterrupted panoramic views of Big Chapman Lake and stunning sunsets!

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 07/20/2021

Last Buyer's Agent

Brian Powell

Re/Max Lakes

Re/Max Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1938

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 70x175x71x170
  • 70 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer Hookup

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Leesburg Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-07-25-300-170.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,942

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1938
  • Age: 83
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 029-099-038 Lot 17 Less N 10 Ft Lot 16 & Pt Stp To Waters Edge Elmhurst Pk
  • Parcel Number ID: 43-07-25-300-170.000-016
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Eat-In Kitchen, Range/Oven Hook Up Elec, Main Floor Laundry, Washer Hook-Up
  • Grid: 15 - Central Kosc. Water
  • Location: Lake, Rural
  • Sp Lp Percent: 100.83
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1118
  • Total Finished Sq Ft: 1118
  • Above Grade Finished Sq Ft: 1118
  • Price Per Sq Ft: 270.13
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 21x10, On Level: Main
  • Kitchen: Dimensions: 21x9, On Level: Main
  • Dining Room: Dimensions: 12x17, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Upper
  • Bedroom 2: Dimensions: 8x13, On Level: Upper
  • Main Level Sq Ft: 858
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 70
  • Water Name: Big Chapman Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Leesburg
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Leesburg

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Lake, Water View
  • Lot Dimensions: 70x175x71x170
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 17

Tax Info

  • Annual Taxes: 2942

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 16, 2021
Sold by
Simon Sandra L and Sandra L Irwin Revocable Trust
Bought by
Hawblitzel Steve and Hawblitzel Tracie
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Brian Powell
Re/Max Lakes
List Price
$299,500
Sold Price
$302,000
Premium/Discount to List
$2,500
0.83%
Current Estimated Value
$383,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,187
Avg. Annual Appreciation
5.88%
Original Mortgage
$271,800
Outstanding Balance
$247,150
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$136,037

Purchase Details

Closed on
Dec 28, 2001
Sold by
Hale Daniel J
Bought by
Shroyer Lloyd R and Shroyer Rebeccah C

Purchase Details

Closed on
Apr 17, 1998
Sold by
Smith Heath L
Bought by
Not Provided
Source: Public Records

Range of Values:

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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
Hawblitzel Steve $302,000 Metropolitan Title Of In Llc
Shroyer Lloyd R -- --
Not Provided $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawblitzel Steve $271,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $302,000 +0.8% $270 / Sq Ft
07/20/2021 07/20/21 For Sale $299,500 -- $268 / 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 $4,380 $374,800 $258,600 $116,200
2023 $4,219 $356,100 $246,000 $110,100
2022 $3,505 $303,200 $209,500 $93,700
2021 $2,948 $248,700 $180,000 $68,700
2020 $2,942 $242,500 $174,600 $67,900
2019 $2,634 $223,800 $160,900 $62,900
2018 $2,467 $210,700 $151,400 $59,300
2017 $2,338 $210,100 $151,400 $58,700
2016 $3,166 $260,900 $164,500 $96,400
2014 $2,848 $254,600 $164,500 $90,100
2013 $2,848 $254,700 $164,500 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202129064

Indiana Regional MLS

APN: 43-07-25-300-170.000-016