NOT LISTED FOR SALE

11562 N Waco Point Dr Syracuse, IN 46567

Estimated Value: $1,249,000 - $1,558,000

6 Beds
4 Baths
3,750 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,050,000 $280 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,888/month

8 Days on Market

Highlights

  • 45 Feet of Waterfront
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Lake, Pond or Stream
  • In-Law or Guest Suite
  • Ceiling Fan

About This Home

As of August 2021

Wawasee Pier 595. Wonderful location on Waco Point Drive. Great view and sandy swimming. Spacious 6 bedroom home plus a 2 bedroom/1bath guest house over the 3 car garage. Lots of room for everyone with multiple living and dining areas. Great cottage feel with knotty pine and two sided fireplace. Partially furnished. Plenty of outside spaces to enjoy the lake. Possession after August 15.

Last Listed By

Fred Steffen

Steffen Realty Listed on: 07/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 45 x 194
  • 45 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,750 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-16-100-135.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,413

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1925
  • Age: 96
  • Style: One and Half Story
  • Total Number of Rooms: 15
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 007-061-006 LOT 8 MARY K BOLAND ADD SD
  • Parcel Number ID: 43-04-16-100-135.000-025
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Guest Quarters
  • Grid: 55 - N.E. Kosc. Water
  • Sp Lp Percent: 81.08
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3750
  • Total Finished Sq Ft: 3750
  • Above Grade Finished Sq Ft: 3750
  • Price Per Sq Ft: 280
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 28x13, On Level: Main
  • Kitchen: Dimensions: 15x15, On Level: Main
  • Dining Room: Dimensions: 15x15, On Level: Main
  • Family Room: Dimensions: 18x15, On Level: Main
  • Den: Dimensions: 20x12, On Level: Main
  • Bedroom 1: Dimensions: 29x15, On Level: Upper
  • Bedroom 2: Dimensions: 15x10, On Level: Upper
  • Bedroom 3: Dimensions: 15x10, On Level: Upper
  • Bedroom 4: Dimensions: 15x10, On Level: Upper
  • Bedroom 5: Dimensions: 15x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 45
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 26x40
  • Garage Sq Ft: 1040
  • Garage: Yes

Utilities

  • Cooling: Central Air, Wall AC, Window
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • 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: Waterfront
  • Lot Dimensions: 45 x 194
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 6412.9

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
Jul 20, 2021
Closed on
Aug 17, 2021
Sold by
Mccracken Michael S and Mccracken Carla A
Bought by
Will Eugene M and Will Jayme L
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Vince Beasley
Northern Lakes Realty
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%
Total Days on Market
8
Current Estimated Value
$1,426,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,963
Avg. Annual Appreciation
8.67%
Original Mortgage
$840,000
Outstanding Balance
$772,620
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$654,343

Purchase Details

Closed on
Sep 30, 2005
Sold by
Wells County Leasing Corp
Bought by
Mccracken Michael S and Mccracken Carla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.83%
Mortgage Type
New Conventional

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
Will Eugene M -- None Available
Mccracken Michael S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Will Eugene M $840,000
Previous Owner Mccracken Michael S $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $1,050,000 -18.9% $280 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $1,295,000 -- $345 / 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 $11,727 $1,302,400 $904,100 $398,300
2023 $10,879 $1,196,900 $831,300 $365,600
2022 $9,538 $1,042,100 $723,200 $318,900
2021 $7,253 $785,000 $617,400 $167,600
2020 $6,413 $758,600 $595,400 $163,200
2019 $7,433 $780,600 $617,400 $163,200
2018 $7,096 $780,700 $617,400 $163,300
2017 $7,043 $758,400 $617,400 $141,000
2016 $6,140 $758,400 $617,400 $141,000
2014 $6,692 $747,300 $617,400 $129,900
2013 $6,692 $740,200 $617,400 $122,800
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2021

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    75 Total Sales

    Fred Steffen
    Section Image
  • Vince Beasley

    Buyer's Agent in 2021

    Vince Beasley

    Northern Lakes Realty

    (574) 275-3884

    115 Total Sales

    Vince Beasley
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202129115

Indiana Regional MLS

APN: 43-04-16-100-135.000-025

Indiana Kosciusko County Syracuse 46567

11562 N Waco Point Dr, Syracuse, IN

Homes for Sale in Syracuse, IN

This home is located at 11562 N Waco Point Dr, Syracuse, IN 46567 since 20 July 2021 and is currently estimated at $1,426,963, approximately $380 per square foot. This property was built in 1925. 11562 N Waco Point Dr is a home located in Kosciusko County with nearby schools including Wawasee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.