NOT LISTED FOR SALE

406 E Palm Dr Syracuse, IN 46567

Estimated Value: $749,000 - $1,432,824

3 Beds
3.5 Baths
2,180 Sq Ft
$452/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $591,000 $271 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,813/month

45 Days on Market

Highlights

  • 113 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of October 2019

Exquisite Wawasee Channel front home , Over 100 Ft of Frontage on this swimming channel , Over 2100 sq ft , 3 Bedrooms and 3 1/2 baths , Open floor plan with entertaining in mind , Great room with fireplace and water view ,opens into the custom kitchen and dining area, wet bar and laundry area adjoining walk in pantry , all bedrooms have private bath and walk in closet , master bedroom opens to a private patio area at channel side , master bath complete with soaking tub and walk in shower,. Attached garage and a detached garage , Home has whole house generator and sprinkling system , Channel side features multiple patio areas , lighting and landscaping. This Channel front home has endless entertaining options for all your summer fun.

Last Listed By

Melody Cusick

Re/Max Partners Listed on: 07/30/2019

Re/Max Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,609

Year Built

  • Built in 1959

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 111x460
  • 113 Feet of Waterfront
  • Home fronts a canal
  • Backs to Open Ground
  • Landscaped
  • Corner Lot
  • Irrigation
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,180 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Ceramic Countertops
  • Utility Sink

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Whole House Permanent Generator

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-300-804.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,609

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1959
  • Age: 60
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lots 12,13 E 1/2 lot 14 Hawaiian Village Add to Wawasee Village
  • Parcel Number ID: 43-04-08-300-804.000-026
  • Platted: Yes
  • Amenities: Alarm System-Security, Breakfast Bar, Ceiling-Cathedral, Closet(s) Walk-in, Countertops-Ceramic, Deck Open, Deck on Waterfront, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Generator-Whole House, Irrigation System, Kitchen Island, Landscaped, Open Floor Plan, Pantry-Walk In, Porch Covered, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 100.17
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2180
  • Total Finished Sq Ft: 2180
  • Above Grade Finished Sq Ft: 2180
  • Price Per Sq Ft: 271.1
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 14x16, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 23x26, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Main
  • Bedroom 3: Dimensions: 14x16, On Level: Main
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Outbuilding1: 2nd Detached Garage, Dimensions: 26x43, 1118
  • Channel Canal Frontage: 113
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 113
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x17
  • Garage Sq Ft: 425
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx11, On Level: 10
  • Water Type: Lake

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: Syracuse

Lot Info

  • Lot Description: Corner, Waterfront
  • Lot Dimensions: 111x460
  • Estimated Lot Sq Ft: 31567
  • Estimated Lot Size Acres: 0.72
  • Lot Number: 14

Tax Info

  • Annual Taxes: 12609
  • Total Assessed Value: 664000

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 30, 2019
Closed on
Oct 9, 2019
Sold by
Rinker Resia L and Resia L Rinker Revocable Trust
Bought by
Traub King and Traub Julie
Seller's Agent
Melody Cusick
Re/Max Partners
Buyer's Agent
Tom Prickett
Prickett's Properties Inc.
List Price
$590,000
Sold Price
$591,000
Premium/Discount to List
$1,000
0.17%
Total Days on Market
45
Current Estimated Value
$985,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,206
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Nov 21, 2008
Sold by
Rinker John J and Rinker Rt
Bought by
Rinker Resia L

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
Traub King $591,000 None Available
Rinker Resia L $375,000 Warrick & Boyn Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Traub King R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $591,000 +0.2% $271 / Sq Ft
07/30/2019 07/30/19 For Sale $590,000 -- $271 / 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 $15,575 $938,600 $294,400 $644,200
2023 $15,629 $908,300 $282,700 $625,600
2022 $14,017 $787,900 $251,700 $536,200
2021 $12,058 $661,500 $220,700 $440,800
2020 $11,316 $619,900 $213,000 $406,900
2019 $13,332 $685,700 $289,200 $396,500
2018 $12,614 $664,000 $289,200 $374,800
2017 $8,836 $460,800 $259,500 $201,300
2016 $3,841 $221,600 $98,800 $122,800
2014 $3,699 $205,800 $94,700 $111,100
2013 $3,699 $222,100 $96,700 $125,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201932579

Indiana Regional MLS

APN: 43-04-08-300-804.000-026