Seller's Agent in 2017
Lynn Reecer
Reecer Real Estate Advisors
(260) 434-5750
7 in this area
304 Total Sales
5830 E Island Ave Syracuse, IN 46567
Estimated Value: $660,000 - $743,430
5
Beds
3
Baths
420
Sq Ft
$1,678/Sq Ft
Est. Value
Highlights
- 1,551 Feet of Waterfront
- Lake Property
- 2 Car Attached Garage
- 1.72 Acre Lot
- Enclosed Patio or Porch
- In-Law or Guest Suite
About This Home
As of May 2017This Island Home sits on an almost 2-acre private island on a large channel just off of Lake Wawasee, with a lake view. Lake Wawasee is Indiana's largest natural lake with over 3500 acres of water and 25 miles of shoreline. The lake life here can be both peaceful and full of opportunities for fun. All year round the changing vegetation and wildlife, and the magnificent sunrises and sunsets over the water, will remind you over and over again how life on the lake is truly a wonderful experience. It is being sold AS IS, recently unfinished (2525 sq ft), and ready for a buyer's choices for updates. With 3 bedrooms and 2 full baths, it has an open concept floor plan, new whole house heating and air conditioning, and a large screened-in porch. There are also new stainless steel appliances. This private island home is ready for your interior finishing selections that will truly make this uniquely yours. The additional building on the island is a guest house with 2 additional bedrooms and a full bath.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,138
Year Built
- Built in 1950
Lot Details
- 1.72 Acre Lot
- 1,551 Feet of Waterfront
- Home fronts a canal
Parking
- 2 Car Attached Garage
Home Design
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Living Room with Fireplace
- Water Views
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Waterski or Wakeboard
- Lake Property
- Lake, Pond or Stream
- Enclosed Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 43-04-08-200-179.000-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2017
Closed on
May 5, 2017
Sold by
Carolyn Carter
Bought by
Randall Pollen
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$399,000
Sold Price
$353,000
Premium/Discount to List
-$46,000
-11.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,608
Avg. Annual Appreciation
8.52%
Original Mortgage
$264,750
Outstanding Balance
$219,566
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$485,042
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Randall Pollen | $353,000 | -- | |
| Kubl Cory | $353,000 | Metropolitan Title Of Indiana |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kubl Cory | $264,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2017 05/05/17 | Sold | $353,000 | -11.5% | $840 / Sq Ft |
| 04/08/2017 04/08/17 | Pending | -- | -- | -- |
| 03/15/2017 03/15/17 | For Sale | $399,000 | -- | $950 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $5,151 | $577,900 | $289,500 | $288,400 |
| 2023 | $5,049 | $555,400 | $278,100 | $277,300 |
| 2022 | $4,406 | $484,400 | $249,200 | $235,200 |
| 2021 | $3,629 | $395,800 | $210,900 | $184,900 |
| 2020 | $3,222 | $383,800 | $201,200 | $182,600 |
| 2019 | $3,588 | $376,500 | $201,200 | $175,300 |
| 2018 | $3,325 | $365,500 | $201,200 | $164,300 |
| 2017 | $3,416 | $367,600 | $218,400 | $149,200 |
| 2016 | $2,979 | $367,600 | $218,400 | $149,200 |
| 2014 | $3,068 | $342,600 | $207,200 | $135,400 |
| 2013 | $3,068 | $354,000 | $212,800 | $141,200 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Reecer
Map
Source: Indiana Regional MLS
MLS Number: 201710828
APN: 43-04-08-200-179.000-025
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