NOT LISTED FOR SALE

12590 N Rainey Rd W Syracuse, IN 46567

Estimated Value: $297,000 - $364,000

3 Beds
1.5 Baths
1,050 Sq Ft
$325/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $211,210 $201 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,052/month

4 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Lake, Pond or Stream
  • 1-Story Property
  • Pier or Dock
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of July 2020

Fun ranch home located on Lake Wawasee channel. 45' of channel frontage on both sides of this home offer plenty of room for your boats and jet skis. All new kitchen, along with custom cabinets and flooring make this a turn key home. Four seasons room on the channel side allow you to enjoy the peaceful days at the lake. Minutes from downtown and steps away from the popular Syracuse-Wawasee Trails system make this a great location! Call now for your private showing.

Last Agent to Sell the Property

Vince Beasley

Northern Lakes Realty Listed on: 06/15/2020

Co-Listed By

Lindsay Beasley

Northern Lakes Realty

Last Buyer's Agent

Daniel Harstine

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 112
  • 90 Feet of Waterfront
  • Home fronts a canal
  • Rural Setting

Parking

  • Stone Driveway

Home Design

  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-04-09-100-193.000-025

Community Details

Overview

  • Rainey Court Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 60
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 007-033-064 LOT 32 RAINEYS COURT
  • Parcel Number ID: 43-04-09-100-193.000-025
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Ceiling Fan(s), Countertops-Laminate, Patio Covered, Porch Enclosed
  • Grid: 55 - N.E. Kosc. Water
  • Location: Rural
  • Sp Lp Percent: 108.37
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1860
  • Total Finished Sq Ft: 1050
  • Above Grade Finished Sq Ft: 1050
  • Below Grade Sq Ft: 810
  • Price Per Sq Ft: 201.15
  • Basement Foundation: Crawl, Slab
  • Basement Material: Poured Concrete
  • Flooring: Laminate
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 810

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x10
  • Channel Canal Frontage: 90
  • Lake Type: Ski Lake
  • Sea Wall Type: Wood
  • Water Features: Pier/Dock
  • Water Frontage: 90
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Stone

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • 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 112
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 1599.88

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
Jun 15, 2020
Closed on
Jul 17, 2020
Sold by
Schwartz Daryl E and Schwartz Margaret S
Bought by
Suboticki David and Suboticki Jessica
Seller's Agent
Vince Beasley
Northern Lakes Realty
Buyer's Agent
Daniel Harstine
Integrity Real Estate
List Price
$194,900
Sold Price
$211,210
Premium/Discount to List
$16,310
8.37%
Current Estimated Value
$339,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,142
Avg. Annual Appreciation
9.67%
Original Mortgage
$190,089
Outstanding Balance
$170,425
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$167,433

Purchase Details

Closed on
Sep 11, 2019
Sold by
Schwartz Ernest and Schwartz Betty
Bought by
Schwartz Daryl E and Schwartz Margaret S

Purchase Details

Closed on
Feb 20, 2009
Sold by
Slabaugh Lamard D and Slabaugh Mary Anges
Bought by
Schwartz Ernest and Schwartz Betty

Purchase Details

Closed on
May 16, 2005
Sold by
Slabaugh Lamar D and Slabaugh Mary Agnes
Bought by
Schwartz Ernest and Schwartz Betty
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 Buyer Sale Price Title Company
Suboticki David $211,210 Metropolitan Title Of In Llc
Schwartz Daryl E $170,000 None Available
Schwartz Ernest -- None Available
Schwartz Ernest $100,000 Law Office Of Christopher G
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suboticki David $190,089
Closed Suboticki David $190,089
Closed Schwartz Ernest $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $211,210 +8.4% $201 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $194,900 -- $186 / 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 $2,438 $270,800 $134,000 $136,800
2023 $2,360 $259,400 $128,800 $130,600
2022 $2,096 $229,000 $117,900 $111,100
2021 $1,788 $193,500 $100,400 $93,100
2020 $1,445 $170,500 $98,200 $72,300
2019 $1,600 $167,600 $98,200 $69,400
2018 $1,489 $163,400 $98,200 $65,200
2017 $1,448 $155,500 $96,000 $59,500
2016 $1,245 $153,300 $93,800 $59,500
2014 $1,337 $149,300 $93,800 $55,500
2013 $1,337 $153,900 $96,000 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Vince Beasley

    Seller's Agent in 2020

    Vince Beasley

    Northern Lakes Realty

    (574) 275-3884

    108 Total Sales

    Section Image
  • Lindsay Beasley

    Seller Co-Listing Agent in 2020

    Lindsay Beasley

    Northern Lakes Realty

    (260) 715-1000

    83 Total Sales

    Section Image
  • Daniel Harstine

    Buyer's Agent in 2020

    Daniel Harstine

    Integrity Real Estate

    (574) 551-7644

    190 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202022350

Indiana Regional MLS

APN: 43-04-09-100-193.000-025

Indiana Kosciusko County Syracuse 46567

12590 N Rainey Rd W, Syracuse, IN

This home is located at 12590 N Rainey Rd W, Syracuse, IN 46567 since 15 June 2020 and is currently estimated at $341,041, approximately $324 per square foot. This property was built in 1960. 12590 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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