$95,000
SOLD DEC 19, 2024

401 E Sycamore St Silver Lake, IN 46982

3 Beds
1 Bath
1,216 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

14% Below List Price

14 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Level Lot
  • Edgewood Middle School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Perfect for all first-time home buyers! Affordable living is finally here! This home features 3 bedrooms and 1 bath, plus a spacious detached garage. The fenced-in backyard offers great privacy, perfect for enjoying outdoor activities with friends and family. Recent updates include fresh paint, new flooring, and a remodeled bathroom (excluding the shower). This home has also seen other improvements. Priced to sell, this gem won’t last long! Schedule your tour today!

Last Agent to Sell the Property

Berto Barrera

RE/MAX Results- Warsaw Brokerage Phone: 574-253-7400 Listed on: 11/05/2024

RE/MAX Results- Warsaw

Last Buyer's Agent

Russ Vance

RE/MAX Results- Warsaw

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,216 Sq Ft Home
  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Stone or Rock in Basement

Schools

  • Claypool Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 43-18-08-400-046.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$116

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 134
  • 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: 18-66-48 LOT 82 SELLS ADD
  • Parcel Number ID: 43-18-08-400-046.000-014
  • Platted: Yes
  • Sp Lp Percent: 95.1
  • Year Taxes Payable: 23 to pay 24
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1216
  • Total Finished Sq Ft: 1216
  • Above Grade Finished Sq Ft: 1216
  • Price Per Sq Ft: 78.13
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Stone
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 31x21
  • Garage Sq Ft: 651
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Warsaw Community
  • Elementary School: Claypool
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Claypool

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 116.04
  • Exemptions: Homestead

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Dec 19, 2024
Sold by
Schoolcraft Benjamin James and Schoolcraft Addison
Bought by
Hoffman Aaron M and Vawter Makalee N
Seller's Agent
Berto Barrera
RE/MAX Results- Warsaw
Buyer's Agent
Russ Vance
RE/MAX Results- Warsaw
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Views
19
Current Estimated Value
$105,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,525
Avg. Annual Appreciation
15.26%
Original Mortgage
$87,000
Outstanding Balance
$86,392
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$19,133

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 25, 2023
Sold by
Prater Ora
Bought by
Schoolcraft Benjamin James and Schoolcraft Addison
Seller's Agent
Berto Barrera
RE/MAX Results- Warsaw
Buyer's Agent
Berto Barrera
RE/MAX Results- Warsaw
List Price
$72,000
Sold Price
$72,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.37%
Original Mortgage
$68,400
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Ora Prater
Bought by
Prater Burley and Prater Ora

Purchase Details

Closed on
Apr 14, 2001
Sold by
Crace Kenneth R and Crace Diana J
Bought by
Prater Ora

Purchase Details

Closed on
Apr 11, 2001
Sold by
Crace Kenneth R and Crace Diana J
Bought by
Prater Ora
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 Type Sale Price Title Company
Warranty Deed $95,000 Metropolitan Title
Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Deed $13,637 --
Quit Claim Deed $13,637 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,000 New Conventional
Previous Owner $68,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $95,000 -4.9% $78 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/14/2024 11/14/24 Price Changed $99,900 -9.2% $82 / Sq Ft
11/05/2024 11/05/24 For Sale $110,000 +52.8% $90 / Sq Ft
08/25/2023 08/25/23 Sold $72,000 0.0% $59 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $72,000 -- $59 / 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 $461 $73,000 $10,600 $62,400
2023 $116 $69,600 $10,600 $59,000
2022 $37 $64,700 $9,200 $55,500
2021 $0 $54,500 $9,200 $45,300
2020 $0 $53,700 $7,300 $46,400
2019 $5 $53,700 $7,300 $46,400
2018 $5 $53,000 $7,300 $45,700
2017 $30 $52,200 $7,300 $44,900
2016 $5 $48,700 $5,600 $43,100
2014 $11 $49,600 $5,600 $44,000
2013 $11 $49,600 $5,600 $44,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202442955

Indiana Regional MLS

APN: 43-18-08-400-046.000-014