NOT LISTED FOR SALE

12681 N Rainey Rd E Syracuse, IN 46567

Estimated Value: $389,000 - $577,000

3 Beds
2 Baths
1,664 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $267,000 $160 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,712/month

93 Days on Market

Highlights

  • 45 Feet of Waterfront
  • 2 Car Attached Garage
  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Central Air

About This Home

As of November 2018

Wawasee Lake channel home in a great location. Many updates, 2 car garage, great water views and comes mostly furnished. Enjoy having your boat right out front. Fish and swim from your pier and take in the view from the spacious deck. Close to town and just a few steps to the walking trail.

Last Agent to Sell the Property

Fred Steffen

Steffen Realty Listed on: 07/21/2018

Last Buyer's Agent

Tam Smith

Steffen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45 x 108
  • 45 Feet of Waterfront
  • Home fronts a canal

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,664 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

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

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Rainey Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-04-09-100-075.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1958
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 007-033-084 Lot 9 Raineys Court |
  • Parcel Number ID: 43-04-09-100-075.000-025
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1664
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 45
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x26
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Syracuse

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 45 x 108
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 1635.5

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
Jul 21, 2018
Closed on
Nov 2, 2018
Sold by
Orr Stephen R and Orr Marcia L
Bought by
Doherty Keith B and Doherty Margaret N
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Tam Smith
Steffen Realty
List Price
$278,900
Sold Price
$267,000
Premium/Discount to List
-$11,900
-4.27%
Current Estimated Value
$478,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,321
Avg. Annual Appreciation
8.30%
Original Mortgage
$213,600
Outstanding Balance
$187,434
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$286,358

Purchase Details

Listed on
Apr 18, 2013
Closed on
Sep 24, 2013
Sold by
Mckee Shelly J
Bought by
Orr Stephen R and Orr Marcia L
Seller's Agent
Amy Cavender
eXp Realty, LLC
Buyer's Agent
Harlan Steffen
Steffen Realty
List Price
$245,000
Sold Price
$215,000
Premium/Discount to List
-$30,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$172,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2009
Sold by
Epert Arthur C and Epert Betty H
Bought by
Epert Arthur C and Epert Betty H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Doherty Keith B -- None Available
Orr Stephen R -- None Available
Epert Arthur C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doherty Keith B $213,600
Previous Owner Orr Stephen R $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2018 11/02/18 Sold $267,000 -4.3% $160 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $278,900 +29.7% $168 / Sq Ft
09/24/2013 09/24/13 Sold $215,000 -12.2% $129 / Sq Ft View Prior Sale
08/28/2013 08/28/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $245,000 -- $147 / 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 $2,533 $284,200 $131,200 $153,000
2023 $2,485 $273,200 $126,100 $147,100
2022 $2,199 $240,200 $115,400 $124,800
2021 $1,833 $198,400 $98,300 $100,100
2020 $1,641 $193,700 $96,200 $97,500
2019 $1,811 $189,800 $96,200 $93,600
2018 $1,675 $183,900 $96,200 $87,700
2017 $1,636 $175,700 $94,100 $81,600
2016 $1,408 $173,500 $91,900 $81,600
2014 $1,523 $170,100 $91,900 $78,200
2013 $1,523 $154,900 $94,100 $60,800
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2018

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    67 Total Sales

    Fred Steffen
    Section Image

  • T

    Buyer's Agent in 2018

    Tam Smith

    Steffen Realty

    (800) 727-0609

    31 Total Sales

    Tam Smith
    Section Image
  • Amy Cavender

    Seller's Agent in 2013

    Amy Cavender

    eXp Realty, LLC

    (574) 453-1872

    264 Total Sales

    Amy Cavender
    Section Image

  • H

    Buyer's Agent in 2013

    Harlan Steffen

    Steffen Realty

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201832420

Indiana Regional MLS

APN: 43-04-09-100-075.000-025

Indiana Kosciusko County Syracuse 46567

12681 N Rainey Rd E, Syracuse, IN

Not Listed for Sale

Detached

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