NOT LISTED FOR SALE

12591 N Rainey Rd E Syracuse, IN 46567

Estimated Value: $474,000 - $662,902

3 Beds
2 Baths
2,208 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $475,000 $215 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,375/month

29 Days on Market

Highlights

  • 45 Feet of Waterfront
  • 1 Car Attached Garage
  • Ceiling Fan
  • Lake, Pond or Stream
  • Forced Air Heating and Cooling System
  • Waterski or Wakeboard

About This Home

As of September 2023

Come be surrounded by water! Nice 3 bedroom, 2 bath home sitting on a wide and deep Wawasee Lake channel. Enjoy water views from the front and back and views of the lake. Clean and ready to go this property offers a very spacious kitchen and living area, enclosed porch and covered porch overlooking the channel and plenty of storage. Includes a one car attached garage, two car carport and a very nice pier for boat and lake toys and good fishing. There is an extra sleeping loft area and comes mostly furnished. Be part of Indiana's largest full sport natural lake which offers marina's, restaurants, sandbars, fun and beauty. Very close to town for shopping and eating.

Last Agent to Sell the Property

Fred Steffen

Steffen Realty Listed on: 08/08/2023

Last Buyer's Agent

Teresa Bakehorn

Our House Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 1996

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45 x 110
  • 45 Feet of Waterfront
  • Home fronts a canal

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Crawl Space
  • Storage In Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

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

Community Details

  • Rainey Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-04-09-100-192.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,123

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1996
  • Age: 27
  • Style: Two Story
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 007-033-097 LOT 18 RAINEYS COURT
  • Parcel Number ID: 43-04-09-100-192.000-025
  • Platted: Yes
  • Amenities: Attic Storage, Ceiling Fan(s)
  • Grid: 55 - N.E. Kosc. Water
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2208
  • Total Finished Sq Ft: 2208
  • Above Grade Finished Sq Ft: 2208
  • Price Per Sq Ft: 215.13
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Living Great Room: Dimensions: 21x16, On Level: Main
  • Kitchen: Dimensions: 21x15, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 18x15, On Level: Upper
  • Bedroom 2: Dimensions: 18x12, On Level: Upper
  • Bedroom 3: Dimensions: 15x15, On Level: Upper
  • Other Room1: Enclosed Porch, Dimensions: 25x13, On Level: Upper
  • Other Room 2: Covered Porch, Dimensions: 15x12, On Level: Upper
  • Loft: Dimensions: 18x7, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 45
  • Lake Type: Ski Lake
  • Water Frontage: 45
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x14
  • Garage Sq Ft: 336
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx12, On Level: 15
  • 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 110
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 3123.18

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
Aug 8, 2023
Closed on
Sep 8, 2023
Sold by
Kelly Lindsey Trust
Bought by
Recchia Peter D and Recchia Vivian C
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$475,000
Sold Price
$475,000
Views
49
Current Estimated Value
$568,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,976
Avg. Annual Appreciation
9.45%
Original Mortgage
$332,500
Outstanding Balance
$325,368
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$243,608

Purchase Details

Closed on
Jul 2, 1999
Sold by
Smith Terry E and Cavender Ann
Bought by
Lindsey William C

Purchase Details

Closed on
Apr 14, 1999
Sold by
Miller Elmer J and Miller Ida J
Bought by
Smith
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
Recchia Peter D -- Fidelity National Title
Lindsey William C $210,000 --
Smith $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recchia Peter D $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $475,000 0.0% $215 / Sq Ft
08/08/2023 08/08/23 For Sale $475,000 -- $215 / 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 $3,589 $398,600 $132,600 $266,000
2023 $3,485 $383,200 $127,400 $255,800
2022 $3,053 $333,500 $116,600 $216,900
2021 $2,320 $251,100 $99,400 $151,700
2020 $1,998 $236,000 $97,200 $138,800
2019 $2,197 $230,400 $97,200 $133,200
2018 $2,022 $222,100 $97,200 $124,900
2017 $1,960 $210,700 $95,000 $115,700
2016 $1,705 $210,200 $92,900 $117,300
2014 $1,837 $205,100 $92,900 $112,200
2013 $1,837 $213,500 $95,000 $118,500
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2023

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    67 Total Sales

    Fred Steffen
    Section Image
  • Teresa Bakehorn

    Buyer's Agent in 2023

    Teresa Bakehorn

    Our House Real Estate

    (574) 551-2601

    613 Total Sales

    Teresa Bakehorn
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202328030

Indiana Regional MLS

APN: 43-04-09-100-192.000-025

Indiana Kosciusko County Syracuse 46567

12591 N Rainey Rd E, Syracuse, IN

This home is located at 12591 N Rainey Rd E, Syracuse, IN 46567 since 08 August 2023 and is currently estimated at $568,976, approximately $257 per square foot. This property was built in 1996. 12591 N Rainey Rd E is a home located in Kosciusko County with nearby schools including Wawasee High School and PEACEFUL WOODS.

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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