$1,400,000
SOLD AUG 29, 2025

506 E Medusa St Syracuse, IN 46567

4 Beds
3.5 Baths
3,684 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$380 Per Sq Ft

18% Below List Price

103 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • 2 Fireplaces
  • 71 Feet of Waterfront
  • Lake, Pond or Stream
  • 2 Car Attached Garage

About This Home

As of August 2025

Price Reduction! Come take a look at the upcoming Open House Sunday May 18th from 1-3p! Wake up to breathtaking lake views in this stunning four-bedroom, three-and-a-half-bathroom lakefront home on Syracuse Lake. Designed for both relaxation and entertaining, the spacious open-concept layout is filled with natural light, offering seamless flow between the living, dining, and kitchen areas. The heart of the home is the beautiful kitchen, featuring a large island perfect for gatherings, while the stunning fireplace creates a warm and inviting atmosphere. Expansive windows showcase panoramic lake views from most rooms, bringing the beauty of the outdoors inside. A sunroom room overlooking the lake provides a tranquil space to unwind, leading to a deck that extends your living space into nature. The walkout basement offers even more room for entertaining, complete with a second full kitchen, making it perfect for hosting guests or enjoying lakeside convenience. With a private pier and boat lifts, you can step right into lake life, whether it’s boating, fishing, or simply soaking in the peaceful surroundings. This fully furnished home offers the perfect blend of luxury, comfort, and lakefront living.

Last Agent to Sell the Property

Darlene Bullock Sterk

Mike Thomas Assoc., Inc Listed on: 04/01/2025

Mike Thomas Assoc., Inc

Last Buyer's Agent

Norine Troeger

Keller Williams Thrive North

Keller Williams Thrive North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1979

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 71x171
  • 71 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-100-013.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1979
  • Age: 46
  • Style: Two Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 14 Rocks Add To Syracuse Lake 1st Ext |
  • Parcel Number ID: 43-04-08-100-013.000-026
  • Platted: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 90.97
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3684
  • Total Finished Sq Ft: 3684
  • Above Grade Finished Sq Ft: 2454
  • Below Grade Finished Sq Ft: 1230
  • Price Per Sq Ft: 570.5
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 16x38, On Level: Main
  • Kitchen: Dimensions: 10x20, On Level: Main
  • Family Room: Dimensions: 16x36, On Level: Lower
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 11x19, On Level: Upper
  • Bedroom 3: Dimensions: 11x19, On Level: Upper
  • Bedroom 4: Dimensions: 15x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1230

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock Available, Deeded
  • Water Frontage: 71
  • Water Name: Syracuse Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage Sq Ft: 480
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Lowerx8, On Level: 8
  • Water Type: Lake

Schools

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

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 71X171
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 6195

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

Listed on
Apr 1, 2025
Closed on
Aug 27, 2025
Sold by
Lockett Enterprises Llc
Bought by
Munizzi Anthony F and Dugo-Munizzi Angela K
Seller's Agent
Darlene Bullock Sterk
Mike Thomas Assoc., Inc
Buyer's Agent
Norine Troeger
Keller Williams Thrive North
List Price
$1,699,000
Sold Price
$1,400,000
Premium/Discount to List
-$299,000
-17.6%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3739.50%
Original Mortgage
$1,120,000
Outstanding Balance
$1,120,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$441,911

Purchase Details

Closed on
May 3, 2023
Sold by
Brian L And Belinda K Clayton Revocable
Bought by
Lockett Family Trust and Lockett

Purchase Details

Closed on
Jun 22, 2018
Sold by
Lantz Robert E
Bought by
Calyton Brian and Calyton Belinda

Purchase Details

Closed on
May 24, 2017
Sold by
Clayton Brian L and Clayton Belinda K
Bought by
Clayton Brian L and Clayton Belinda K

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jun 5, 2015
Sold by
Morgan James D and Morgan Judith A
Bought by
Clayton Brian L and Clayton Belinda K
Seller's Agent
Kim Conrad
Coldwell Banker Real Estate Group
Buyer's Agent
Vince Beasley
Northern Lakes Realty
List Price
$614,900
Sold Price
$565,000
Premium/Discount to List
-$49,900
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$255,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 -- Metropolitan Title
Deed -- Metropolitan Title
Personal Reps Deed -- Metropolitan Title Of In Llc
Warranty Deed -- None Available
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,120,000 New Conventional
Previous Owner $255,000 Adjustable Rate Mortgage/ARM
Previous Owner $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $1,400,000 -9.0% $380 / Sq Ft
07/13/2025 07/13/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $1,539,000 -3.1% $418 / Sq Ft
05/13/2025 05/13/25 Price Changed $1,589,000 -6.5% $431 / Sq Ft
04/01/2025 04/01/25 For Sale $1,699,000 +200.7% $461 / Sq Ft
06/05/2015 06/05/15 Sold $565,000 -8.1% $153 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $614,900 -- $167 / 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 $16,392 $987,800 $446,900 $540,900
2023 $9,014 $892,800 $405,700 $487,100
2022 $7,762 $776,200 $352,800 $423,400
2021 $6,483 $648,300 $311,600 $336,700
2020 $6,200 $619,500 $311,600 $307,900
2019 $5,833 $582,800 $291,100 $291,700
2018 $5,429 $542,400 $270,500 $271,900
2017 $5,251 $524,600 $270,500 $254,100
2016 $5,281 $527,600 $270,500 $257,100
2014 $4,817 $481,700 $323,300 $158,400
2013 $4,817 $474,100 $323,300 $150,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202510632

Indiana Regional MLS

APN: 43-04-08-100-013.000-026