UNDER CONTRACT
$25K PRICE DROP
11621 N Elm Grove Dr Syracuse, IN 46567
Estimated payment $3,536/month
Total Views
7,280
3
Beds
3
Baths
3,280
Sq Ft
$183
Price per Sq Ft
Highlights
- Above Ground Pool
- Lake Property
- 2.5 Car Detached Garage
- Home fronts a canal
- Vaulted Ceiling
- Forced Air Heating and Cooling System
About This Home
Lake Wawasee Channel Front Home with Lake Views, Pool, Hot Tub & Income Potential. Welcome to this distinctive and well-maintained channel front home on Lake Wawasee—Indiana’s largest natural all-sports lake. With peaceful lake and wetlands views, a private pool, hot tub, boathouse, backlot w/garage and generous indoor/outdoor living spaces, this property offers an exceptional lake lifestyle with room for guests and strong rental income potential. Offering 3 bedrooms, 3 full baths, and multiple living areas across three levels, this home is ideal for year-round living, a weekend escape, or a high-performing vacation rental. The main floor features two bedrooms, a full bath, a spacious kitchen, and a vaulted great room with sweeping lake views and access to the upper deck—perfect for entertaining or relaxing. Upstairs, an open loft suite includes a private bath, balcony, and workspace, creating a cozy and flexible retreat. The walkout lower level adds a second living area or fourth sleeping space, complete with its own full bath and direct access to the patio, hot tub, and lakeside fire pit. Outdoors, enjoy three decks, a solar-heated private pool (electric heater also available), a wood-burning fireplace, and your own pier and boathouse along the channel. Just minutes from the open lake and the popular Wawasee sandbar, this location offers quick access to everything that makes lake life unforgettable. Included with the sale is a desirable backlot featuring an oversized 2.5-car garage with walk-up attic—ready to be transformed into a guest suite, game room, or extra storage. Ample parking on both lots makes it easy to host family, friends, or lake rental guests. This property has been a successful VRBO/Airbnb rental with proven income—financials available upon request. Located approximately 2.5 hours from Chicago or Indianapolis and under an hour from Fort Wayne or South Bend, this is a rare opportunity to own a versatile, turn-key home on Lake Wawasee.
Listing Agent
Keller Williams Thrive North Brokerage Email: angie.racolta@thergroupteam.com Listed on: 07/20/2025
Co-Listing Agent
Keller Williams Thrive North Brokerage Email: angie.racolta@thergroupteam.com
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,074
Year Built
- Built in 1943
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 100x160
- Home fronts a canal
- Lot Has A Rolling Slope
Parking
- 2.5 Car Detached Garage
- Garage Door Opener
Home Design
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Vaulted Ceiling
- Dining Room with Fireplace
- Water Views
- Storage In Attic
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Walk-Out Basement
- 1 Bathroom in Basement
Pool
- Above Ground Pool
- Spa
Outdoor Features
- Sun Deck
- Waterski or Wakeboard
- Lake Property
- Lake, Pond or Stream
Schools
- Syracuse Elementary School
- Wawasee Middle School
- Wawasee High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
Listing and Financial Details
- Assessor Parcel Number 43-04-14-100-289.000-025
Community Details
Overview
- Crowdale Subdivision
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,074 | $452,500 | $184,100 | $268,400 |
| 2023 | $4,103 | $451,300 | $174,800 | $276,500 |
| 2022 | $3,632 | $396,800 | $161,500 | $235,300 |
| 2021 | $2,832 | $306,500 | $137,800 | $168,700 |
| 2020 | $3,256 | $384,900 | $232,600 | $152,300 |
| 2019 | $3,597 | $377,500 | $230,800 | $146,700 |
| 2018 | $3,356 | $368,900 | $230,800 | $138,100 |
| 2017 | $3,158 | $339,800 | $206,500 | $133,300 |
| 2016 | $2,788 | $344,000 | $206,500 | $137,500 |
| 2014 | $2,973 | $332,000 | $206,500 | $125,500 |
| 2013 | $2,973 | $344,500 | $212,600 | $131,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | Price Changed | $599,900 | -4.0% | $183 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $625,000 | -- | $191 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $142,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $165,000 | Unknown | |
| Previous Owner | $145,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
About the Listing Agent
Angie is CEO/Owner of The RGroup Real Estate, which is one of the top producing Real Estate teams in the county. As an area native, Angie has a strong understanding of the lakes and neighborhoods, and the ever-changing market. She moved to Indianapolis for 15 years before coming back to Kosciusko County in 2007, where she lives in Syracuse on Lake Wawasee with her husband.
You are well cared for when working with Angie and her team! Angie was awarded #1 Sales Associate and # 1 Listing
Angie's Other Listings
Source: Indiana Regional MLS
MLS Number: 202528350
APN: 43-04-14-100-289.000-025
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