NOT LISTED FOR SALE

5500 W Sycamore Hill Ln Silver Lake, IN 46982

Estimated Value: $201,000 - $248,191

2 Beds
1.5 Baths
1,344 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $215,000 $160 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,535/month

38 Days on Market

Highlights

  • 71 Feet of Waterfront
  • Primary Bedroom Suite
  • Fireplace in Bedroom
  • Boat Dock
  • Lake Property
  • Ceiling Fan

About This Home

As of September 2021

Completely updated adorable cottage or full time home located on Diamond Lake. Two bedrooms and one full bath, along with updated windows, roof, plumbing, and electrical make this a true turn key home. Plenty of room for you to entertain family and friends. Wrap around balcony porch is perfect for enjoying the views of the lake. Plenty of storage for your lawn and lake items in the 24X5 shed.

Last Listed By

Vince Beasley

Northern Lakes Realty Listed on: 07/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1969

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 71x100
  • 71 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Walk-Out Ranch
  • Poured Concrete
  • Metal Roof
  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Dining Room with Fireplace
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Claypool Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Boat Dock
  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-14-26-200-205.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1969
  • Age: 52
  • Style: Two Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 025-072-003 LOT 4 & VAC ST SYCAMORE HILL ON DIAMOND LAKE
  • Parcel Number ID: 43-14-26-200-205.000-021
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Range/Oven Hook Up Elec, Main Level Bedroom Suite
  • Grid: 30 - S.W. Kosc.
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100.05
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 672
  • Below Grade Finished Sq Ft: 672
  • Price Per Sq Ft: 319.94
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Block, Poured Concrete
  • Fireplace: Dining Rm, Family Rm, Kitchen, 1st Bdrm, 2nd Bdrm, Electric, Basement
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Lower
  • Family Room: Dimensions: 11x11, On Level: Lower
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 672

Exterior Features

  • Exterior: Metal, Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 24x5
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 71
  • Water Name: Diamond Lake

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Lowerx6, On Level: 6
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

  • School District: Warsaw Community
  • Elementary School: Claypool
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Claypool

Lot Info

  • Lot Description: Level, Lake
  • Lot Dimensions: 71X100
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 1565.04

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 2, 2021
Sold by
Ayres David and Ayres Sherri L
Bought by
Cox Charles and Cox Beverly
Seller's Agent
Vince Beasley
Northern Lakes Realty
Buyer's Agent
Norm Weirick
RE/MAX Results- Warsaw
List Price
$224,900
Sold Price
$215,000
Premium/Discount to List
-$9,900
-4.4%
Total Days on Market
38
Current Estimated Value
$235,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,048
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Bender John D and Bender Renee M
Bought by
Ayres David and Ayres Sherri L

Purchase Details

Closed on
May 12, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bender John D and Bender Renee M

Purchase Details

Closed on
Mar 23, 2010
Sold by
Laughlin Rex J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 4, 1997
Sold by
Mcnabney James P and Mcnabney Betty M
Bought by
Laughlin Rex J

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 Buyer Sale Price Title Company
Cox Charles $215,000 None Available
Ayres David $165,000 Metropolitan Title Of In Llc
Bender John D -- None Available
Federal Home Loan Mortgage Corporation $34,594 None Available
Laughlin Rex J $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bender John D $57,500
Previous Owner Laughlin Rex J $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $215,000 0.0% $160 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $214,900 -4.4% $160 / Sq Ft
07/13/2021 07/13/21 For Sale $224,900 -- $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 $2,784 $228,100 $40,600 $187,500
2023 $2,625 $211,100 $37,700 $173,400
2022 $2,405 $186,500 $33,300 $153,200
2021 $1,668 $120,600 $33,300 $87,300
2020 $1,565 $109,400 $25,100 $84,300
2019 $1,441 $104,300 $24,000 $80,300
2018 $1,412 $102,700 $24,000 $78,700
2017 $1,288 $98,800 $24,000 $74,800
2016 $1,206 $94,800 $22,200 $72,600
2014 $792 $62,100 $22,200 $39,900
2013 $792 $60,500 $22,200 $38,300
Source: Public Records

Agents Affiliated with this Home

  • Vince Beasley

    Seller's Agent in 2021

    Vince Beasley

    Northern Lakes Realty

    (574) 275-3884

    115 Total Sales

    Vince Beasley
    Section Image
  • Lindsay Beasley

    Seller Co-Listing Agent in 2021

    Lindsay Beasley

    Northern Lakes Realty

    (260) 715-1000

    90 Total Sales

    Lindsay Beasley
    Section Image

  • N

    Buyer's Agent in 2021

    Norm Weirick

    RE/MAX

    (574) 269-6993

    46 Total Sales

    Norm Weirick
    Section Image
See All Agents

Map

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Source: Indiana Regional MLS

MLS Number: 202127719

Indiana Regional MLS

APN: 43-14-26-200-205.000-021

Indiana Kosciusko County Silver Lake 46982

5500 W Sycamore Hill Ln, Silver Lake, IN

Homes for Sale in Silver Lake, IN

This home is located at 5500 W Sycamore Hill Ln, Silver Lake, IN 46982 since 13 July 2021 and is currently estimated at $235,048, approximately $174 per square foot. This property was built in 1969. 5500 W Sycamore Hill Ln is a home located in Kosciusko County with nearby schools including Tippecanoe Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.