$100,000
SOLD SEP 9, 2016

109 N Front St Syracuse, IN 46567

6 Beds
2 Baths
1,280 Sq Ft
7,680 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

13% Below List Price

30 Days on Market

Highlights

  • 64 Feet of Waterfront
  • Access To Lake
  • Dock Rights
  • Pier or Dock
  • Lake Property
  • Shed

About This Home

As of September 2023

Great investment opportunity! Two rental units with 64 ft of channel front! Both units are two bedroom and one bath, keep one and rent the other! What a great way to make extra money and get on the lake!

Last Agent to Sell the Property

Heather Deal

H Team Dream Homes Listed on: 07/06/2016

Co-Listed By

Eric Hamman

Century 21 Bradley Realty Inc.

Last Buyer's Agent

Kim Conrad

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1945

Lot Details

  • 7,680 Sq Ft Lot
  • 64 Feet of Waterfront
  • Home fronts a canal

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • 2 Bedrooms in Basement
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Sun Deck
  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream
  • Shed

Location

  • Suburban Location

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 43-04-05-300-532.000-026

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Strombeck & Weaver Subdivision

Amenities

  • Community Storage Space

Recreation

  • Pier or Dock

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,022

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Waterfront: Yes
  • Year Built: 1945
  • Age: 71
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 8-19-70 LOT 131 & N 6' VAC ALLEY SOUTH OF LOT 131 S & W 2 ND ADD |
  • Parcel Number ID: 43-04-05-300-532.000-026
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Cable Available, Deck Open, Deck on Waterfront, Detector-Smoke, Water Heater Electric
  • Location: City/Town/Suburb, Lake
  • Number Below Grade Bedrooms: 2
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 86.96
  • Year Taxes Payable: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1280
  • Total Finished Sq Ft: 1280
  • Above Grade Finished Sq Ft: 1280
  • Price Per Sq Ft: 78.13
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Channel Canal Frontage: 64
  • Lake Type: Access to Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock Available, Walk to Lake Access
  • Water Frontage: 64
  • Water Name: Syracuse Lake
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 48

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City, Public
  • Water Utilities: City, Public
  • Water Type: Lake

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: Syracuse

Lot Info

  • Lot Description: Lake, Water View
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 7680
  • Estimated Lot Size Acres: 0.1763
  • Lot Number: 131

Rental Info

  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Water Access: Channel Front/Canal
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 2021.84

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 1, 2023
Sold by
Eicher Inc
Bought by
Pangor Llc
Buyer's Agent
Rose Bender
Snyder Strategy Realty Inc.
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Views
73
Current Estimated Value
$457,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,815
Avg. Annual Appreciation
-8.47%
Original Mortgage
$240,000
Outstanding Balance
$211,934
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$187,375
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 Type Sale Price Title Company
Warranty Deed $480,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $480,000 -2.0% $338 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $489,900 +81.5% $345 / Sq Ft
08/18/2021 08/18/21 Sold $269,900 0.0% $190 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $269,900 +169.9% $190 / Sq Ft
09/09/2016 09/09/16 Sold $100,000 -13.0% $78 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $115,000 -- $90 / 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 $4,909 $295,800 $110,900 $184,900
2023 $4,773 $277,300 $106,600 $170,700
2022 $4,282 $239,800 $95,000 $144,800
2021 $2,459 $134,300 $83,500 $50,800
2020 $2,324 $127,100 $80,600 $46,500
2019 $2,438 $125,200 $80,600 $44,600
2018 $2,329 $122,400 $80,600 $41,800
2017 $2,188 $113,900 $74,900 $39,000
2016 $1,909 $110,000 $70,600 $39,400
2014 $1,946 $108,300 $67,700 $40,600
2013 $1,946 $111,400 $69,100 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201631298

Indiana Regional MLS

APN: 43-04-05-300-532.000-026