$295,000
UNDER CONTRACT

407 E Cable Ln Syracuse, IN 46567

Estimated payment $1,823/month

Total Views 1,176
1 Bed
1 Bath
457 Sq Ft
$646 Price per Sq Ft

Highlights

  • 45 Feet of Waterfront
  • Lake Property
  • 1-Story Property
  • Pier or Dock
  • Bungalow
  • Level Lot

About This Home

WAWASEE CHANNEL-FRONT OPPORTUNITY! Discover the perfect blend of relaxation and potential with this 45’ x 100’ channel-front property on beautiful Lake Wawasee. Featuring a charming 1-bedroom, 1-bath cottage, this property is ideal as a cozy weekend retreat. ( A recent addition of a Split HVAC will make this a year round retreat) —or the perfect site to build your dream waterfront home Enjoy the best of both worlds: a peaceful channel setting for quiet mornings and evenings, while the main body of Lake Wawasee is just under 3 minutes away for boating, swimming, and all your lake adventures. Lake Wawasee, Indiana’s largest natural lake, spans over 3,000 acres and is renowned for its crystal-clear waters, excellent fishing, and vibrant boating lifestyle. From sunrise cruises and sandbar gatherings to waterfront dining and year-round recreation, it’s one of the Midwest’s most sought-after lake destinations. Located conveniently in town, you’ll have easy access to shopping, dining, and everyday essentials. Plus, the Syracuse/Wawasee Trail is just steps away, offering 11 miles of scenic walking and biking. Whether you're looking for a getaway now or a prime spot to build in the future, this property offers endless possibilities to enjoy lake life your way.

Listing Agent

Kay Young

ERA Crossroads Listed on: 03/23/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45 x 100
  • 45 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 457 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

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

Additional Features

  • Suburban Location
  • Window Unit Cooling System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-300-387.000-026
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,110

Year Built

Built in 1940

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1940
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 22 Forest Park
  • Parcel Number ID: 43-04-08-300-387.000-026
  • Platted: Yes
  • Location: City/Town/Suburb, Lake
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Total Sq Ft: 457
  • Total Finished Sq Ft: 457
  • Above Grade Finished Sq Ft: 457
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 18x9, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x5
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 45
  • Water Name: Lake Wawasee

Utilities

  • Cooling: Window
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake

Schools

  • Elementary School: Syracuse

Lot Info

  • Lot Description: Level, Waterfront, Water View
  • Lot Dimensions: 45 X 100
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 3110

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Map

Range of Values:

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Value Increase
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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

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
2025 $3,111 $199,400 $155,600 $43,800
2024 $2,482 $150,400 $111,300 $39,100
2023 $2,487 $144,400 $107,000 $37,400
2022 $2,304 $129,000 $97,300 $31,700
2021 $1,893 $103,400 $79,800 $23,600
2020 $1,819 $99,400 $77,800 $21,600
2019 $1,919 $98,500 $77,800 $20,700
2018 $1,896 $99,600 $80,100 $19,500
2017 $877 $45,500 $27,200 $18,300
2016 $767 $44,000 $25,700 $18,300
2014 $739 $41,100 $24,600 $16,500
2013 $739 $42,300 $25,100 $17,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $295,000 -- $646 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202609816

Indiana Regional MLS

APN: 43-04-08-300-387.000-026

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