NOT LISTED FOR SALE

11235 N Cedar Point Low Rd Syracuse, IN 46567

Estimated Value: $3,533,025 - $4,066,000

7 Beds
4.5 Baths
4,051 Sq Ft
$926/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $4,000,000 $987 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $22,267/month

11 Days on Market

Highlights

  • 139 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of August 2024

Rarely does an estate of this caliber become available on Lake Wawasee. Boasting 139 feet of frontage and 180 degree, unobstructed views of the lake, this is a property to be cherished for generations to come. Built in 1951 and having gone through extensive renovations in the early 1990s, this property has been lovingly cared for and updated over the years while maintaining its original charm. Floor to ceiling windows, a vaulted ceiling and large fireplace can be found in the living room - the heart of the home. Updated kitchen features granite counter tops, Sub-Zero refrigerator, KitchenAid ice maker, two sinks and breakfast bar. The primary suite on main level showcases water views, plenty of built-in storage, a huge walk-in closet and large bathroom w/ heated floors. Upstairs, you'll find 4 large bedrooms, 2 full bathrooms and an additional room great for bunks, storage, home office, etc. One of the crown jewels of this property is the boathouse - covered boat storage w/ channel access keep your toys protected and out of the mainhouse view. Upstairs are 2 more bedrooms, 1 full bath and a living room - with ability to sleep 8-10 in the boathouse alone! Finally, let's consider home's ideal location... The beautifully landscaped lot w/ flat elevation allows you to walk right out to your dock and enjoy the lake. Home is located on the eastside of Wawasee - think gentle breezes and beautiful sunsets year-round. Because the home is on a dead end street, there is virtually no traffic (another major plus!). Pier 198 could be the perfect setting for your story for many years to come...

Last Listed By

Angie Racolta

Keller Williams Thrive North Brokerage Email: angie.racolta@thergroupteam.com Listed on: 06/27/2024

Keller Williams Thrive North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,407

Year Built

  • Built in 1951

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 121 x 131
  • 139 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 4,051 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Attic Fan
  • Laundry on main level

Kitchen

  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Enclosed patio or porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-14-200-644.000-025

Community Details

Overview

  • Fishers Point Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,407

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1951
  • Age: 73
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 13
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: 7-56-75 Lot 3 Less E 11.58 ' & Lot 4 Less Tr N Side & Lots 3A & 4A Fishers Point
  • Parcel Number ID: 43-04-14-200-644.000-025
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Foyer Entry, Garage Door Opener, Open Floor Plan, Porch Enclosed, Skylight(s), Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
  • Location: Lake
  • Sp Lp Percent: 91.43
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4051
  • Total Finished Sq Ft: 4051
  • Above Grade Finished Sq Ft: 4051
  • Price Per Sq Ft: 987.41
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Den: Dimensions: 18x12, On Level: Main
  • Extra Room: On Level: Upper
  • Bedroom 1: Dimensions: 18x15, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Upper
  • Bedroom 3: Dimensions: 14x13, On Level: Upper
  • Bedroom 4: Dimensions: 15x10, On Level: Upper
  • Bedroom 5: Dimensions: 10x10, On Level: Upper
  • Other Room1: Sunroom, Dimensions: 13x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Wood
  • Outbuilding1: Outbuilding, Dimensions: 19x29
  • Channel Canal Frontage: 20
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 139
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x24
  • Garage Sq Ft: 672
  • Garage: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx9, On Level: 11
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Corner, Waterfront, Water View, Waterfront-Level Bank
  • Lot Dimensions: 121 X 131
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Tax Info

  • Annual Taxes: 15406.96

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 1, 2024
Sold by
Thomas H Wolfrum Family Trust and Wolfrum Scott T
Bought by
Thomas H Wolfrum Family Trust and Wolfrum
Seller's Agent
Angie Racolta
Keller Williams Thrive North
Buyer's Agent
Vince Beasley
Northern Lakes Realty
List Price
$4,375,000
Sold Price
$4,000,000
Premium/Discount to List
-$375,000
-8.57%
Total Days on Market
11
Views
50
Current Estimated Value
$3,749,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,658
Avg. Annual Appreciation
-8.48%

Purchase Details

Closed on
Oct 19, 2023
Sold by
Wolfrum Thomas H
Bought by
Thomas H Wolfrum Family Trust and Wolfrum

Purchase Details

Closed on
Jan 6, 2022
Sold by
Wolfrum Thomas K and Wolfrum Sandra K
Bought by
Wolfrum Thomas H

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
Thomas H Wolfrum Family Trust $4,000,000 None Listed On Document
Thomas H Wolfrum Family Trust -- None Listed On Document
Wolfrum Thomas H -- Bailey Patricia Seasor
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $4,000,000 -8.6% $987 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $4,375,000 -- $1,080 / 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 $16,575 $1,840,900 $1,531,000 $309,900
2023 $15,248 $1,677,700 $1,393,300 $284,400
2022 $9,239 $1,459,900 $1,212,000 $247,900
2021 $7,671 $1,222,500 $1,027,600 $194,900
2020 $6,729 $1,178,000 $1,004,500 $173,500
2019 $7,837 $1,214,000 $1,040,500 $173,500
2018 $7,481 $1,214,000 $1,040,500 $173,500
2017 $6,969 $1,116,500 $946,200 $170,300
2016 $6,075 $1,116,500 $946,200 $170,300
2014 $6,674 $1,109,800 $939,100 $170,700
2013 $6,674 $1,101,500 $940,400 $161,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202423618

Indiana Regional MLS

APN: 43-04-14-200-644.000-025