NOT LISTED FOR SALE

408 E Medusa St Syracuse, IN 46567

Estimated Value: $587,000 - $1,015,000

3 Beds
1 Bath
1,680 Sq Ft
$469/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2017

Last sale price $419,000 $249 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,216 / mo

285 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Lake Property
  • Balcony
  • Pier or Dock
  • A-Frame Home
  • Eat-In Kitchen

About This Home

As of August 2017

This 3 bedroom, 1 bath lakefront home is bursting with charm! Featuring classic knotty pine throughout, you are sure to love the vaulted ceilings in the upper level guest and master bedroom. The master bedroom features a private balcony for you to enjoy the sights and sounds of lake life. The sandy bottom of this beautiful shoreline is perfect for wading and swimming. You will have plenty of parking and storage with a 64x30 pole building located across the street.Sea Do and lift are included in the sale. Boat and shore station are negotiable. You won't want to miss out on this unique property, schedule your private showing today!

Last Agent to Sell the Property

Sally Bailey

Coldwell Banker Real Estate Group Listed on: 10/05/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ann Connolly

RE/MAX 100 Elkhart

RE/MAX 100 Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1955

Lot Details

  • 11,761 Sq Ft Lot
  • 45 Feet of Waterfront
  • Lake Front
  • Level Lot

Home Design

  • A-Frame Home
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Water Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-400-034.000-026

Community Details

Overview

  • Colwell & Woods Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 1955

Lot Details

0.27 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Style: Two Story
  • Architectural Style: A-Frame
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 008-030-259 Lot 12 Colwell & Woods Add & TR S Lot 0.11A |
  • Parcel Number ID: 43-04-08-400-034.000-026
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Countertops-Laminate, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Tub/Shower Combination, Main Floor Laundry
  • Grid: 10 - Central Kosc.
  • Location: Lake
  • Road Surface: Paved
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1680
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 14x17, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Main Level Sq Ft: 840
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 64x30
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 45
  • Water Name: Syracuse Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: DirectTV
  • Laundry: Dimensions: Mainx6, On Level: 11
  • Water Type: Lake

Schools

  • Elementary School: Syracuse

Lot Info

  • Lot Description: Level, Lake, Water View
  • Lot Dimensions: 45x152, 45x108
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Tax Info

  • Annual Taxes: 2618

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Moyer Justin
Bought by
Moyer Justin
Current Estimated Value
$788,716

Purchase Details

Listed on
Oct 5, 2016
Closed on
Aug 21, 2017
Sold by
Julie
Bought by
Justin Moyer
Seller's Agent
Sally Bailey
Coldwell Banker Real Estate Group
Buyer's Agent
Ann Connolly
RE/MAX 100 Elkhart
List Price
$435,000
Sold Price
$419,000
Premium/Discount to List
-$16,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$369,000
Outstanding Balance
$246,686
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$542,030

Purchase Details

Closed on
Nov 10, 2011
Sold by
Schwalm Wynn L
Bought by
Schwalm Wynn L and Schwalm Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moyer Justin -- None Available
Justin Moyer $419,000 --
Moyer Justin $419,000 Fidelity National Title Co
Schwalm Wynn L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moyer Justin $369,000
Previous Owner Schwalm Wynn L $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $419,000 -3.7% $249 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
10/05/2016 10/05/16 For Sale $435,000 -- $259 / Sq Ft
Source: Indiana Regional MLS

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 $11,612 $787,300 $431,600 $355,700
2024 $11,612 $703,600 $361,500 $342,100
2023 $10,980 $638,100 $328,300 $309,800
2022 $9,945 $559,900 $289,000 $270,900
2021 $8,359 $459,500 $243,200 $216,300
2020 $6,727 $368,400 $241,200 $127,200
2019 $6,563 $337,400 $225,200 $112,200
2018 $6,004 $315,900 $209,100 $106,800
2017 $2,894 $271,900 $207,000 $64,900
2016 $2,618 $271,900 $207,000 $64,900
2014 $2,675 $269,300 $207,000 $62,300
2013 $2,675 $266,300 $207,000 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201646837

Indiana Regional MLS

APN: 43-04-08-400-034.000-026

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