$1,610,000
SOLD MAY 24, 2019

11837 N Strohs Dr Syracuse, IN 46567

8 Beds
5 Baths
4,792 Sq Ft
0.48 Acres

Recently Sold

$336 Per Sq Ft

15% Below List Price

105 Days on Market

Highlights

  • 107 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of May 2019

Located on an incredible 107' stretch of shoreline on beautiful Lake Wawasee, this sprawling 4,792 square foot California Ranch estate exudes understated refinement. Tucked within exquisite landscaping and outdoor living spaces including stone walkways, custom built-in fire pit, and extensive pier configuration on the pristine water of Lake Wawasee, this property is a prime example of extraordinary. In addition to lake activities (skiing, wakeboarding, surfing, tubing, fishing etc.) this property on a quiet street in sought after Johnson's Bay is close to the various restaurants, amenities and activities of charming Syracuse. It is a short boat ride to dinner at the ever popular Oakwood Resort. In addition to the sunrise and sunset views on the grounds of the estate, this open concept home has eight bedrooms, five baths, a sunroom and screened in porch. Because it is all on one level with no stairs to navigate, it offers easy accessibility for extended family and guests of many generations. Recently renovated, the current owners added over $1M worth of updates, finishes and designer furnishings which can be included with a solid offer. Highlights of the cook's kitchen are stainless steel appliances, professional grade Viking Range cooktop and range, stone counter tops, wet bar, and walk-in pantry. Meticulously designed with attention to detail and functionality, this home boasts skylights, designer sinks, a Master suite with breathtaking views of the water, and multiple gathering areas for guests. The garage has been converted into another beautiful living space/ guest quarters, and could easily be reverted into garage space if desired. Since the Oakwood Resort hosts approximately 100 weddings and 150-200 corporate events a year, there is strong rental income possibility for this property in terms of over-flow clientele attending those events, making this estate an ideal investment.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 01/21/2019

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 01/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,685

Year Built

  • Built in 1975

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 107x223x100x186
  • 107 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • 4,792 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • 1 Fireplace
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • 5 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-14-100-092.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,685

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1975
  • Age: 44
  • Style: One Story
  • Total Number of Rooms: 18
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 007-053-088 Lots 1 & 2 Strohs Pine Add 2 |
  • Parcel Number ID: 43-04-14-100-092.000-025
  • Platted: Yes
  • Amenities: Bar, Deck Open, Deck on Waterfront, Landscaped, Open Floor Plan, Pantry-Walk In, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 87.07
  • Special Features: None

Interior Features

  • Total Sq Ft: 4792
  • Total Finished Sq Ft: 4792
  • Above Grade Finished Sq Ft: 4792
  • Price Per Sq Ft: 335.98
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: 5th Bdrm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Stone
  • Living Great Room: Dimensions: 19x11, On Level: Main
  • Kitchen: Dimensions: 18x11, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 17x15, On Level: Main
  • Family Room: Dimensions: 25x18, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: 3 Season Room, Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Bedroom 4: Dimensions: 16x11, On Level: Main
  • Bedroom 5: Dimensions: 16x12, On Level: Main
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 5

Exterior Features

  • Exterior: Brick, Cedar
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock Available
  • Water Frontage: 107
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Asphalt
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 107x223x100x186
  • Estimated Lot Sq Ft: 20900
  • Estimated Lot Size Acres: 0.4798
  • Lot Number: 1

Tax Info

  • Annual Taxes: 10685.36

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 17, 2019
Sold by
Mcelheny Craig R and Mcelbeny Diane E
Bought by
Kowlowitz Edward
Seller's Agent
Lynn Reecer
Encore Sotheby's International
Buyer's Agent
Lynn Reecer
List Price
$1,899,000
Sold Price
$1,610,000
Premium/Discount to List
-$289,000
-15.22%
Current Estimated Value
$1,911,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,992
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Swank Larry A and Swank Sherry L T
Bought by
Mcelheny Craig R and Mcelheny Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2009
Sold by
Swank Sherry L T
Bought by
Swank Larry A and Swank Sherry L T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2007
Sold by
Swank Larry A and Swank Sherry L T
Bought by
Swank Sherry L T

Purchase Details

Closed on
Jul 2, 1999
Sold by
Burns Charles J and Burns Judith K
Bought by
Swank Larry A and Swank Sherry L Hundt
Source: Public Records

Range of Values:

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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 -- Metropolitan Title Of In Llc
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $580,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,827,500 Credit Line Revolving
Previous Owner $1,950,000 Credit Line Revolving
Previous Owner $980,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $1,022,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $699,750 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $1,610,000 0.0% $336 / Sq Ft
05/24/2019 05/24/19 Sold $1,610,000 -12.9% $336 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
05/06/2019 05/06/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $1,849,000 -1.3% $386 / Sq Ft
04/24/2019 04/24/19 Price Changed $1,874,000 -1.3% $391 / Sq Ft
04/24/2019 04/24/19 For Sale $1,899,000 0.0% $396 / Sq Ft
01/21/2019 01/21/19 For Sale $1,899,000 -- $396 / 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 $17,709 $1,966,800 $1,332,000 $634,800
2023 $16,309 $1,794,500 $1,212,000 $582,500
2022 $14,277 $1,559,800 $1,052,000 $507,800
2021 $11,763 $1,273,000 $909,000 $364,000
2020 $10,063 $1,190,700 $858,500 $332,200
2019 $11,344 $1,191,600 $858,500 $333,100
2018 $10,864 $1,195,500 $858,500 $337,000
2017 $10,685 $1,150,900 $828,200 $322,700
2016 $9,345 $1,154,700 $828,200 $326,500
2014 $10,176 $1,136,400 $828,200 $308,200
2013 $10,176 $1,122,300 $828,200 $294,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201902359

Indiana Regional MLS

APN: 43-04-14-100-092.000-025