NOT LISTED FOR SALE

12562 N Rainey Rd W Syracuse, IN 46567

Estimated Value: $295,000 - $394,040

1 Bed
1 Bath
734 Sq Ft
$459/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $320,000 $436 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,035/month

24 Days on Market

Highlights

  • 177 Feet of Waterfront
  • 1-Story Property
  • Level Lot
  • Lake, Pond or Stream
  • Waterski or Wakeboard

About This Home

As of July 2024

Look no further than this little GEM!! With an unheard of 177' of channel frontage on Lake Wawasee. This one bedroom, one full bathroom offers that classic cottage feel with modern day charm. You will find the wooden floors to be stunning with the richness of the dark stained wood, vaulted ceilings with sky lights and can lighting. The countertops are granite both in the kitchen and bathroom. Two sitting areas in the cottage and a bonus room with the screened in porch. The screen porch offers views of the channel and often sighting of wildlife. Enjoy a warm summer breeze, relax and take a nap, enjoy the lake as it was yesteryear. This cottage is turnkey. All the decking and Pier new in 2023! New roof 2021! Maroon boat canopy included with the sale of the property. Black canopy can be purchased separately. This little GEM would be the perfect weekend - summer get away or investment property.

Last Agent to Sell the Property

Perry Glancy

Krueckeberg Auction And Realty Listed on: 05/07/2024

Last Buyer's Agent

Brian Finley

F.C. Tucker Fort Wayne

F.C. Tucker Fort Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1955

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 120x177
  • 177 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Private Company Owned Well
  • Well

Community Details

  • Rainey Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-04-09-100-211.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Age: 69
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 007033061
  • Parcel Number ID: 43-04-09-100-211.000-025
  • Platted: Yes
  • Sp Lp Percent: 98.46
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 734
  • Total Finished Sq Ft: 734
  • Above Grade Finished Sq Ft: 734
  • Price Per Sq Ft: 435.97
  • Basement Foundation: Crawl, Slab
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Garden Shed, Dimensions: 8x6
  • Channel Canal Frontage: 177
  • Lake Type: Ski Lake
  • Water Frontage: 177
  • Water Name: Lake Wawasee

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric
  • Sewer: City
  • 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: Level
  • Lot Dimensions: 120x177
  • Estimated Lot Sq Ft: 436
  • Estimated Lot Size Acres: 0.01

Tax Info

  • Annual Taxes: 1920

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 3, 2024
Sold by
Dawns Little House Llc
Bought by
Asaad Kaitlin Marie Haj and Asaad Laith Haj
Seller's Agent
Perry Glancy
Krueckeberg Auction And Realty
Buyer's Agent
Brian Finley
F.C. Tucker Fort Wayne
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
63
Current Estimated Value
$338,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,948
Avg. Annual Appreciation
3.85%
Original Mortgage
$292,500
Outstanding Balance
$290,010
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$43,426

Purchase Details

Closed on
Dec 18, 2020
Sold by
Lantz Dawn D and Dawn D Lantz Living Trust
Bought by
Dawns Little House Llc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Burden Lora and Burden Sylvia
Bought by
Lantz Lance A and Lantz Dawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.82%
Mortgage Type
New Conventional
Source: Public Records

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
Asaad Kaitlin Marie Haj $325,000 Metropolitan Title
Dawns Little House Llc -- None Available
Lantz Lance A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asaad Kaitlin Marie Haj $292,500
Previous Owner Lantz Lance A $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $320,000 -1.5% $436 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $325,000 -- $443 / 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 $1,957 $217,300 $130,200 $87,100
2023 $1,898 $208,600 $125,100 $83,500
2022 $1,695 $185,200 $114,500 $70,700
2021 $1,432 $155,000 $97,500 $57,500
2020 $1,270 $149,700 $95,400 $54,300
2019 $1,409 $147,500 $95,400 $52,100
2018 $1,315 $144,200 $95,400 $48,800
2017 $1,211 $130,000 $84,400 $45,600
2016 $1,041 $128,100 $82,500 $45,600
2014 $1,132 $126,400 $82,500 $43,900
2013 $1,132 $130,100 $84,400 $45,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Perry Glancy

    Krueckeberg Auction And Realty

    (317) 873-0405

    51 Total Sales

    Section Image
  • Brian Finley

    Buyer's Agent in 2024

    Brian Finley

    F.C. Tucker Fort Wayne

    (260) 403-7006

    121 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202415937

Indiana Regional MLS

APN: 43-04-09-100-211.000-025

Indiana Kosciusko County Syracuse 46567

12562 N Rainey Rd W, Syracuse, IN

This home is located at 12562 N Rainey Rd W, Syracuse, IN 46567 since 07 May 2024 and is currently estimated at $337,010, approximately $459 per square foot. This property was built in 1955. 12562 N Rainey Rd W 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.

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