NOT LISTED FOR SALE

5144 E Mckenna Rd Warsaw, IN 46582

Estimated Value: $170,000 - $237,000

7 Acres
$28,622 Price per Acre
309,712 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $365,000

Est. 44% decrease in value since last sale

Current estimated payment $1,193/month

15 Days on Market

Highlights

  • Home fronts a canal
  • Pole Barn
  • Agricultural
  • Lake, Pond or Stream

About This Lot

As of September 2022

Potential development or secluded building site on 7+ Acres on the Barbee chain of lakes. Quite possibly the last buildable acreage on the lakes with approx. 540' of channel frontage on Irish Lake. The property features a spectacular 40'x40' Pole Barn w/ REMC Electric service, 16' sidewalls and a 14' roll up door for RV and Boat storage. Do not miss this opportunity. Several ideal building sites include near the barn, in the woods or down near the channel front. Schedule your showing today!

Last Listed By

Jeremy Doerr

Re/Max Partners Listed on: 07/28/2022

Re/Max Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $641

Year Built

  • 1995

Lot Details

  • 7.11 Acre Lot
  • Home fronts a canal
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Property is zoned A1, Agriculture

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Lake, Pond or Stream
  • Pole Barn

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Farming

  • Agricultural

Utilities

  • Heating System Uses Gas
  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 43-08-29-400-126.000-023

Property Details

Property Type

Land

Est. Annual Taxes

$641

Year Built

1995

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: 5-114-4 TRI TR NW NW 29-33-7 7.11A
  • Parcel Number ID: 43-08-29-400-126.000-023
  • Platted: Yes
  • Grid: 50 - N.E. Kosc.
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 91.27
  • Zoning Description: Agriculture
  • Parcel Description: Irregular, Lake, Partially Wooded, Slope, Waterfront, 6-9.999, Waterfront-Medium Bank
  • Type of Sale: Traditional
  • Side Of Road: South
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential, Recreational
  • County Zoning: A1
  • Year Taxes Payable: 2022
  • Special Features: None
  • Year Built (Public Record): 1995

Exterior Features

  • Channel Canal Frontage: 540
  • Lake Type: Access to Ski Lake
  • Water Name: Irish Lake
  • Road Frontage: County

Garage/Parking

  • Parking: Gravel, Off Street

Utilities

  • Water Utilities: Well Needed
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Regional, Available

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 309712
  • Estimated Lot Size Acres: 7.11
  • Land Features: Pole Barn

Tax Info

  • Annual Taxes: 641.08

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

Closed on
Nov 14, 2024
Sold by
Emerald Pointe Development Llc
Bought by
Sheehan Robert
Total Days on Market
15
Current Estimated Value
$203,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$63,766
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$235,051

Purchase Details

Closed on
Oct 16, 2024
Sold by
Emerald Pointe Development Llc
Bought by
Hicks Keegan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$63,766
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$235,051

Purchase Details

Closed on
Sep 24, 2024
Sold by
Zwick Connor C and Zwick Angelea R
Bought by
Zwick Connor C and Zwick Angelea R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$63,766
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$235,051

Purchase Details

Closed on
Aug 21, 2024
Sold by
Emerald Pointe Development Llc
Bought by
Zwick Connor C and Herford Angelea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 16, 2022
Sold by
Bs Partners Llc
Bought by
Emerald Pointe Development Llc
Seller's Agent
Jeremy Doerr
Re/Max Partners
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.14%
Original Mortgage
$273,750
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 1, 2022
Sold by
Sivicek Daniel J
Bought by
Bs Partners Llc
Seller's Agent
Jeremy Doerr
Re/Max Partners
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2022
Sold by
Gerdt Living Trust
Bought by
Sivicek Daniel J and Brown Richard L

Purchase Details

Closed on
Nov 9, 2012
Sold by
Gerdt Gordon H and Gerdt Gwen L
Bought by
Gerdt Gordon H and Gerdt Gwen L

Range of Values:

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Average Value
Not Available
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
Sheehan Robert -- None Listed On Document
Sheehan Robert -- None Listed On Document
Hicks Keegan -- None Listed On Document
Zwick Connor C -- None Listed On Document
Zwick Connor C $94,900 None Listed On Document
Emerald Pointe Development Llc -- --
Bs Partners Llc -- Hardig Edward W
Gerdt Gordon H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Robert $64,000
Closed Sheehan Robert $64,000
Previous Owner Zwick Connor C $85,400
Previous Owner Emerald Pointe Development Llc $273,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $365,000 -8.7% --
08/12/2022 08/12/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $399,900 -- --
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 $648 $66,100 $66,100 $0
2023 $3,747 $372,200 $343,100 $29,100
2022 $653 $64,500 $41,600 $22,900
2021 $641 $61,300 $41,600 $19,700
2020 $613 $61,300 $42,700 $18,600
2019 $593 $60,200 $42,700 $17,500
2018 $535 $59,400 $42,700 $16,700
2017 $539 $58,600 $42,700 $15,900
2016 $446 $56,000 $39,100 $16,900
2014 $393 $44,800 $28,400 $16,400
2013 $393 $44,200 $28,400 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202231362

Indiana Regional MLS

APN: 43-08-29-400-126.000-023