$84,000
SOLD AUG 14, 2017

5 Ems C27b1 Ln Warsaw, IN 46582

1 Bed
1 Bath
480 Sq Ft
5,489 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

320% Above List Price

31 Days on Market

Highlights

  • 31 Feet of Waterfront
  • Lake Property
  • Enclosed patio or porch
  • Warsaw Community High School Rated A-
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of August 2017

This property is going for ABSOLUTE Auction on June 25, 1 pm at the property. Auction Estimate: $20,000 - $100,000. Lakefront property on Big Chapman Lake with 31 ft of Lake frontage. Enjoy boating with skiing, tubing and great fishing on this lake! Home has 1 bedroom and and open living room and kitchen concept. Perfect location to build your dream getaway! Absolute Auction, property will sell regardless of price!!! Don't miss your opportunity to own lakefront property on Big Chapman!! Open House: June 14, 5-6pm.

Last Agent to Sell the Property

Chad Metzger

Metzger Property Services, LLC Listed on: 05/25/2017

Last Buyer's Agent

Chad Metzger

Metzger Property Services, LLC Listed on: 05/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113

Year Built

  • Built in 1928

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 67 x 100
  • 31 Feet of Waterfront
  • Lake Front

Home Design

  • Cabin
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Water Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Enclosed patio or porch

Schools

  • Leesburg Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 43-07-26-400-171.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$113

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1928
  • Age: 89
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 029-102-022 Lots 1 & 2 Island Park 1st Add |
  • Parcel Number ID: 43-07-26-400-171.000-016
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Porch Enclosed
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2017
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 480
  • Total Finished Sq Ft: 480
  • Above Grade Finished Sq Ft: 480
  • Price Per Sq Ft: 175
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Metal
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Water Frontage: 31
  • Water Name: Big Chapman Lake

Utilities

  • Cooling: Window
  • Heating Fuel: Wood
  • Sewer: Private
  • Water Utilities: Private
  • Water Type: Lake

Schools

  • School District: Warsaw Community
  • Elementary School: Leesburg
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Leesburg

Lot Info

  • Lot Description: Waterfront, 0-2.9999, Lake, Water View
  • Lot Dimensions: 67 x 100
  • Estimated Lot Sq Ft: 5489
  • Estimated Lot Size Acres: 0.126

Tax Info

  • Annual Taxes: 113.09
  • Exemptions: Supplemental

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 14, 2017
Sold by
Leona
Bought by
Bret and Sue
Seller's Agent
Chad Metzger
Metzger Property Services, LLC
Buyer's Agent
Chad Metzger
Metzger Property Services, LLC
List Price
$20,000
Sold Price
$84,000
Premium/Discount to List
$64,000
320%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Source: Public Records

Similar Home in Warsaw, IN

  • 1823 Cambridge Dr, Warsaw, IN 46580

    $85,000

    • 3 Beds
    • 1 Bath
    • 850 Sq Ft
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    Ranch style home, located on spacious lot. 3 bedroom , 1 bath home, enclosed porch, spacious yard. SOLD AS IS. Cash offers only , subject to seller addendum. First Look Initiative, Owner Occupant offers will be responded to after 7 days on the market and investor offers will be responded to after 30 days. All offers can be submitted during First Look Period.

    Amy Cavender Northern Lakes Realty

    Section Image

Range of Values:

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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
Deed $84,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $1 -100.0% --
08/14/2017 08/14/17 Sold $84,000 +320.0% $175 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $20,000 -- $42 / 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 $2,039 $174,000 $138,600 $35,400
2023 $1,961 $165,500 $132,000 $33,500
2022 $1,616 $141,400 $112,900 $28,500
2021 $1,429 $123,500 $102,700 $20,800
2020 $1,577 $133,000 $99,700 $33,300
2019 $1,415 $123,000 $92,200 $30,800
2018 $1,323 $116,000 $87,000 $29,000
2017 $508 $114,200 $87,000 $27,200
2016 $113 $32,500 $9,500 $23,000
2014 $98 $32,200 $9,500 $22,700
2013 $98 $31,800 $9,500 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201723530

Indiana Regional MLS

APN: 43-07-26-400-171.000-016