NOT LISTED FOR SALE

40 Ems T48a Ln Syracuse, IN 46567

Estimated Value: $321,000 - $506,000

3 Beds
1 Bath
1,376 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $172,500 $125 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,294/month

127 Days on Market

Highlights

  • 75 Feet of Waterfront
  • RV Parking in Community
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Ranch Style House

About This Home

As of October 2017

Great lake home on Tippecanoe Lake! Enjoy this all sports lake right from your sunroom or deck looking over this #1 rated lake in Indiana! Home features Open Concept w/3 bedrooms, 1 bath, over 1,300 square feet, large living room and a 3 Seasons room with all glass sliding doors 20 x 16 overlooking the water. Home is all electric with downward radiant heat. Bathroom has auto thermostat for the winter months. Large yard with irrigation system. Lots of parking for your guests & large shed for all your toys. Seller had the home overpriced for an entire year. The owner understands this home was well overpriced for that year. And has reflected a new price that makes this home the most affordable home on Tippy Lake with all of it's amenities & views!!!

Last Agent to Sell the Property

Loretta Reeder

Brian Peterson Real Estate Listed on: 04/14/2017

Last Buyer's Agent

Loretta Reeder

Brian Peterson Real Estate Listed on: 04/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • 75 Feet of Waterfront
  • Home fronts a canal
  • Backs to Open Ground
  • Rural Setting
  • Level Lot
  • Irrigation

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-08-08-300-039.000-023

Community Details

Overview

  • RV Parking in Community

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,291

Year Built

Built in 1971

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1971
  • Age: 46
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 005-031-103 Lot 3 2nd Add to Russell's Park on Shelter Bay
  • Parcel Number ID: 43-08-08-300-039.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Electric, Irrigation System, Open Floor Plan, Range/Oven Hook Up Elec, Storm Doors, Storm Windows, RV Parking, Stand Up Shower, Main Floor Laundry, Washer Hook-Up
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural
  • Sp Lp Percent: 96.37
  • Special Features: None

Interior Features

  • Total Sq Ft: 1376
  • Total Finished Sq Ft: 1376
  • Above Grade Finished Sq Ft: 1376
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x17, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Breakfast Room: Dimensions: 9x11, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 10x14, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Other Room1: 3 Seasons Rm, Dimensions: 16x20, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x8
  • Channel Canal Frontage: 75
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 75
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Ceiling
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: 6xMain, On Level: 10
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 225
  • Association Fees Frequency: Annually

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Level, Slope, Waterfront, Lake, Waterfront-High Bank
  • Lot Dimensions: 75 X 100
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 3

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Tax Info

  • Annual Taxes: 1291.44

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Sep 28, 2017
Sold by
Barri
Bought by
Matthew and Jennifer
Seller's Agent
Loretta Reeder
Brian Peterson Real Estate
Buyer's Agent
Loretta Reeder
Brian Peterson Real Estate
List Price
$184,900
Sold Price
$172,500
Premium/Discount to List
-$12,400
-6.71%
Current Estimated Value
$391,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,938
Avg. Annual Appreciation
10.69%

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 17, 2012
Sold by
Wentz Theresa J and Tunis Karen S
Bought by
Swift Barri R
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Deb Wurtzel
Re/Max Lakes
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$128,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2000
Sold by
Williams John M
Bought by
Williams John Michael
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
Matthew $172,500 --
Swift Barri R -- None Available
Williams John Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swift Barri R $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2017 10/06/17 Sold $172,500 -6.7% $125 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $184,900 +15.6% $134 / Sq Ft
09/13/2012 09/13/12 Sold $160,000 -5.8% $116 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $169,900 -- $123 / 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 $2,667 $272,000 $136,900 $135,100
2023 $2,628 $261,100 $131,300 $129,800
2022 $2,513 $248,400 $131,300 $117,100
2021 $2,175 $208,000 $114,400 $93,600
2020 $1,864 $186,500 $106,900 $79,600
2019 $1,836 $186,500 $106,900 $79,600
2018 $1,573 $174,700 $99,400 $75,300
2017 $1,560 $169,700 $99,400 $70,300
2016 $1,291 $162,200 $93,800 $68,400
2014 $1,398 $159,400 $93,800 $65,600
2013 $1,398 $159,400 $93,800 $65,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Loretta Reeder

    Brian Peterson Real Estate

    Section Image
  • Teresa Bakehorn

    Seller's Agent in 2012

    Teresa Bakehorn

    Our House Real Estate

    (574) 551-2601

    603 Total Sales

    Teresa Bakehorn
    Section Image

  • D

    Buyer's Agent in 2012

    Deb Wurtzel

    RE/MAX

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201715507

Indiana Regional MLS

APN: 43-08-08-300-039.000-023

Indiana Kosciusko County Syracuse 46538

40 Ems T48a Ln, Syracuse, IN

This home is located at 40 Ems T48a Ln, Syracuse, IN 46567 since 14 April 2017 and is currently estimated at $391,438, approximately $284 per square foot. This property was built in 1971. 40 Ems T48a Ln 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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