NOT LISTED FOR SALE

118 Ems B60 Ln Warsaw, IN 46582

Estimated Value: $254,000 - $291,847

2 Beds
1 Bath
720 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $299,000 $415 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,600/month

25 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake, Pond or Stream
  • 1-Story Property
  • Pier or Dock

About This Home

As of August 2024

Escape to your very own LAKEFRONT RETREAT with this delightful cottage offering 50 feet of prime water frontage on SECHRIST LAKE. Step outside and find yourself right next to the waters, where you can relax on the lakeside patio and soak in the stunning views. Socket pier makes installation and removal of pier very simple. features a nice SANDY BOTTOM, perfect for swimming and water activities. This cozy cottage boasts 2 BEDROOMS, a spacious living room, a well-appointed kitchen, and a bathroom, making it the perfect blend of old-world charm with modern touches. Recent updates include a RECENTLY NEW ROOF and a NEW WELL, ensuring peace of mind for years to come. Whether you're looking for a peaceful getaway or a lively summer retreat, this lake cottage is the ideal spot for making lasting memories. Don't miss your chance to own a piece of paradise on Sechrist Lake!

Last Agent to Sell the Property

Heather Sumner

eXp Realty, LLC Brokerage Phone: 470-232-3644 Listed on: 07/03/2024

eXp Realty, LLC

Last Buyer's Agent

Deb Paton Showley

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1925

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 50x42
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-28-100-104.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1925
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 5-109-51 LOT 9 NICKELS PARK
  • Parcel Number ID: 43-08-28-100-104.000-023
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 720
  • Total Finished Sq Ft: 720
  • Above Grade Finished Sq Ft: 720
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 16x13, On Level: Main
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Sechrist Lake

Utilities

  • Cooling: Window
  • Heating Fuel: Wall Heater
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: North Webster

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 50X42
  • Estimated Lot Sq Ft: 2100
  • Estimated Lot Size Acres: 0.05
  • Lot Number: 9

Tax Info

  • Annual Taxes: 1663.92

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 3, 2024
Closed on
Aug 5, 2024
Sold by
Soto Philip G and Soto Cheryl A
Bought by
Perez-De-Frias Roberto and Cabrera Velez Myriam
Seller's Agent
Heather Sumner
eXp Realty, LLC
Buyer's Agent
Deb Paton Showley
Coldwell Banker Real Estate Group
List Price
$310,000
Sold Price
$299,000
Premium/Discount to List
-$11,000
-3.55%
Views
43
Current Estimated Value
$276,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,538
Avg. Annual Appreciation
-5.56%
Original Mortgage
$269,000
Outstanding Balance
$265,950
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$10,512

Purchase Details

Closed on
Sep 6, 2019
Sold by
Patrick David and Patrick Tamera
Bought by
Sodo Philip G and Sodo Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jul 23, 2014
Sold by
Burgauer Michael H
Bought by
Patrick David and Patrick Tamera
Seller's Agent
Deb Wurtzel
Re/Max Lakes
Buyer's Agent
Stephanie Jones
Re/Max Partners
List Price
$116,900
Sold Price
$113,000
Premium/Discount to List
-$3,900
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$90,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2011
Sold by
Burgauer Dixie
Bought by
Burgauer Mike and Burgauer Dixie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez-De-Frias Roberto $299,000 Fidelity National Title
Sodo Philip G $169,900 Fidelity National Title Compan
Patrick David -- None Available
Burgauer Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez-De-Frias Roberto $269,000
Previous Owner Sodo Philip G $152,910
Previous Owner Patrick David $90,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $299,000 -3.5% $415 / Sq Ft
07/07/2024 07/07/24 For Sale $310,000 +174.3% $431 / Sq Ft
07/28/2014 07/28/14 Sold $113,000 -3.3% $157 / Sq Ft View Prior Sale
06/07/2014 06/07/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $116,900 -- $162 / 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 $1,769 $180,400 $93,000 $87,400
2023 $1,664 $165,300 $85,300 $80,000
2022 $1,455 $143,800 $74,300 $69,500
2021 $1,287 $123,100 $66,000 $57,100
2020 $1,097 $109,700 $63,000 $46,700
2019 $393 $106,200 $60,500 $45,700
2018 $914 $101,500 $57,800 $43,700
2017 $911 $99,100 $57,800 $41,300
2016 $762 $95,700 $57,800 $37,900
2014 $794 $90,600 $57,800 $32,800
2013 $794 $88,100 $57,800 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202424536

Indiana Regional MLS

APN: 43-08-28-100-104.000-023