NOT LISTED FOR SALE

5882 E Island Ave Syracuse, IN 46567

Estimated Value: $420,000 - $713,793

3 Beds
2 Baths
2,477 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $364,000 $147 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,655/month

455 Days on Market

Highlights

  • 158 Feet of Waterfront
  • Lake, Pond or Stream
  • 1 Car Attached Garage
  • Pier or Dock
  • 1 Fireplace
  • 1-Story Property

About This Home

As of August 2019

Awesome island home that is surrounded by Lake Wawasee channel. Easy access to Lake Wawasee and tremendous privacy. This home offers nearly 2,500 square feet and array of perks including plenty of pier sections for all of your lake toys. Beautiful updated 3 bedrooms, 2 bath home with historic restored boat house. Custom kitchen with hickory cabinets, built in wine rack, wet bar and all appliances. Newer four inch well was installed in 2012. Anderson french doors, cedar closet, built-in drawers by Doors and Drawers, and double closet in master BR. Bridge to the home has been completely restored. Schedule your showing for this great lake oasis today!

Last Agent to Sell the Property

Vince Beasley

Northern Lakes Realty Listed on: 05/02/2018

Last Buyer's Agent

Niki Pawlicki

ERA Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 160x102
  • 158 Feet of Waterfront
  • Home fronts a canal
  • Property is zoned B2

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,477 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-200-180.000-025

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 1950

Lot Details

0

HOA Fees

$12 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 69
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 007-032-318 SE 8-34-7 .35A PER DEED |
  • Parcel Number ID: 43-04-08-200-180.000-025
  • Platted: Yes
  • Amenities: Ceiling Fan(s)
  • Grid: 40 - N.W. Kosc.
  • Sp Lp Percent: 94.57
  • County Zoning: B2
  • Special Features: None

Interior Features

  • Total Sq Ft: 2477
  • Total Finished Sq Ft: 2477
  • Above Grade Finished Sq Ft: 2477
  • Price Per Sq Ft: 146.95
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x32, On Level: Main
  • Kitchen: Dimensions: 19x15, On Level: Main
  • Family Room: Dimensions: 17x20, On Level: Main
  • Bedroom 1: Dimensions: 15x17, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 9x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 19x7
  • Channel Canal Frontage: 158
  • Lake Type: Access to Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 158
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx12, On Level: 7
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 140
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 160x102
  • Estimated Lot Sq Ft: 16117
  • Estimated Lot Size Acres: 0.37

Tax Info

  • Annual Taxes: 1715.92
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 30, 2019
Sold by
Weaver Sandra S
Bought by
Tracey Stephen B and Tracey Laura J
Seller's Agent
Vince Beasley
Northern Lakes Realty
Buyer's Agent
Niki Pawlicki
ERA Crossroads
List Price
$384,900
Sold Price
$364,000
Premium/Discount to List
-$20,900
-5.43%
Total Days on Market
455
Current Estimated Value
$609,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,448
Avg. Annual Appreciation
9.31%
Original Mortgage
$291,200
Outstanding Balance
$258,326
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$351,122

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 19, 2015
Sold by
Smock Ronald G
Bought by
Slabaugh Steve E and Weaver Sandra S
Seller's Agent
Shelly Rogers
Prickett's Properties Inc.
Buyer's Agent
Bev Ganshorn
Brian Peterson Real Estate
List Price
$409,599
Sold Price
$369,000
Premium/Discount to List
-$40,599
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$295,200
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

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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 Buyer Sale Price Title Company
Tracey Stephen B -- None Available
Slabaugh Steve E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracey Stephen B $291,200
Previous Owner Weaver Sandra S $65,000
Previous Owner Weaver Sandra S $25,000
Previous Owner Slabaugh Steve E $295,200
Previous Owner Smock Ronald G $10,000
Previous Owner Smock Ronald G $341,500
Previous Owner Smock Ronald G $349,500
Previous Owner Smock Ronald G $50,000
Previous Owner Smock Ronald G $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $364,000 -5.4% $147 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $384,900 0.0% $155 / Sq Ft
06/14/2019 06/14/19 Price Changed $384,900 +5.7% $155 / Sq Ft
06/05/2019 06/05/19 Off Market $364,000 -- --
07/25/2018 07/25/18 Price Changed $399,900 -4.6% $161 / Sq Ft
05/02/2018 05/02/18 For Sale $419,000 +13.6% $169 / Sq Ft
02/18/2015 02/18/15 Sold $369,000 -9.9% $149 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
02/03/2014 02/03/14 For Sale $409,599 -- $165 / 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 $2,825 $542,500 $240,200 $302,300
2023 $2,629 $521,200 $230,700 $290,500
2022 $2,420 $453,300 $206,900 $246,400
2021 $1,951 $371,100 $175,000 $196,100
2020 $1,677 $351,000 $167,100 $183,900
2019 $1,989 $362,700 $167,100 $195,600
2018 $1,825 $350,500 $167,100 $183,400
2017 $1,716 $326,000 $155,200 $170,800
2016 $1,496 $326,000 $155,200 $170,800
2014 $1,974 $220,400 $140,100 $80,300
2013 $1,974 $227,700 $144,000 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201817532

Indiana Regional MLS

APN: 43-04-08-200-180.000-025