NOT LISTED FOR SALE

5947 E Island Ave Syracuse, IN 46567

Estimated Value: $597,000 - $1,958,000

3 Beds
1 Bath
1,200 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $470,000 $392 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $8,010/month

95 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake, Pond or Stream
  • 1 Fireplace
  • Pier or Dock
  • Partially Wooded Lot
  • Enclosed Patio or Porch

About This Home

As of October 2014

A WAWASEE CLASSIC! 50' of prime waterfront on Kale Island an area of great homes on the lake but close to town. A view the entire length ow Wawasee, enjoy beautiful sunrises. 3 bedrooms, deep front yard and a channel lot at the back. Use for now as a summer cottage, plan and build your dream home later.

Last Agent to Sell the Property

Kay Young

ERA Crossroads Listed on: 06/06/2014

ERA Crossroads

Last Buyer's Agent

Kay Young

ERA Crossroads Listed on: 06/06/2014

ERA Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,408

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 100
  • 50 Feet of Waterfront
  • Lake Front
  • Partially Wooded Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Carpet
  • Storm Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-200-848.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,408

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Age: 94
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 47 Kale Island
  • Parcel Number ID: 43-04-08-200-848.000-025
  • Platted: Yes
  • Amenities: Porch Enclosed, Porch Open, Storm Windows
  • Grid: 55 - N.E. Kosc. Water
  • Sp Lp Percent: 85.61
  • State Id: 43-04-08-200-84
  • Special Features: None

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Flooring: Carpet
  • Living Great Room: Dimensions: 18x15
  • Kitchen: Dimensions: 15x12
  • Family Room: Dimensions: 11x9
  • Bedroom 1: Dimensions: 9x9, On Level: Upper
  • Bedroom 2: Dimensions: 18x9, On Level: Upper
  • Bedroom 3: Dimensions: 10x9, On Level: Upper
  • Other Room1: encl porch, Dimensions: 22x9
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 50
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 21x18
  • Garage Sq Ft: 378

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Well Size: 2 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 100
  • Association Fees Frequency: Optional

Schools

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

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Windows

Lot Info

  • Lot Description: Partially Wooded, Waterfront
  • Lot Dimensions: 50 x 100
  • Zoning: R Residential

Tax Info

  • Annual Taxes: 5407.6

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Oct 31, 2014
Sold by
Cortwright Linda
Bought by
Byrd Warren W
Seller's Agent
Kay Young
ERA Crossroads
Buyer's Agent
Kay Young
ERA Crossroads
List Price
$574,500
Sold Price
$470,000
Premium/Discount to List
-$104,500
-18.19%
Current Estimated Value
$1,321,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,452
Avg. Annual Appreciation
9.89%
Original Mortgage
$650,000
Interest Rate
3.5%
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 Buyer Sale Price Title Company
Byrd Warren W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Byrd Warren W $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $470,000 -18.2% $392 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $574,500 -- $479 / 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 $12,039 $1,350,700 $820,800 $529,900
2023 $11,252 $1,238,000 $746,500 $491,500
2022 $9,907 $1,082,400 $649,300 $433,100
2021 $5,385 $905,400 $551,300 $354,100
2020 $4,533 $843,100 $539,000 $304,100
2019 $8,216 $865,900 $558,600 $307,300
2018 $7,843 $865,900 $558,600 $307,300
2017 $7,766 $839,300 $539,000 $300,300
2016 $6,770 $839,300 $539,000 $300,300
2014 $5,151 $575,200 $539,000 $36,200
2013 $5,151 $573,100 $539,000 $34,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201422909

Indiana Regional MLS

APN: 43-04-08-200-848.000-025