NOT LISTED FOR SALE

5957 E Island Ave Syracuse, IN 46567

Estimated Value: $851,000 - $1,341,000

4 Beds
3 Baths
1,644 Sq Ft
$654/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $560,000 $341 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,663/month

101 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake, Pond or Stream
  • Waterski or Wakeboard
  • Pier or Dock
  • Forced Air Heating System

About This Home

As of August 2019

Cute and affordable Wawasee lakefront cottage. Great view and swimming and just a minute from town and walking trails. 4 bedroom, 2 bath with a large lakeside deck. Includes channel on the back for additional parking of cars and boats. Includes most furnishings.

Last Agent to Sell the Property

Fred Steffen

Steffen Realty Listed on: 04/22/2019

Last Buyer's Agent

Fred Steffen

Steffen Realty Listed on: 04/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,537

Year Built

  • Built in 1939

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 92
  • 50 Feet of Waterfront
  • Lake Front
  • Property is zoned R1

Interior Spaces

  • 1,644 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-08-200-844.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,537

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1939
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 007-032-298 Lot 46 Kale Island Dolans Add
  • Parcel Number ID: 43-04-08-200-844.000-025
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • County Zoning: R1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1644
  • Total Finished Sq Ft: 1644
  • Above Grade Finished Sq Ft: 1644
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 24x12, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Other Room1: Sun Porch, Dimensions: 33x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Wawasee

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Syracuse

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 50 x 92
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 5537.44

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Aug 8, 2019
Sold by
Schilling Norman W and Schilling Marjorie M
Bought by
Berg Franklin W and Berg Janet
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Fred Steffen
Steffen Realty
List Price
$650,000
Sold Price
$560,000
Premium/Discount to List
-$90,000
-13.85%
Current Estimated Value
$1,126,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,713
Avg. Annual Appreciation
10.80%
Original Mortgage
$448,000
Outstanding Balance
$391,960
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$683,153

Purchase Details

Closed on
Apr 22, 2014
Sold by
Schilling Norman W and Norman W Schilling Living Trus
Bought by
Marjorie M Schilling Trust

Purchase Details

Closed on
Feb 19, 2009
Sold by
Schilling Marjorie M
Bought by
Schilling Marjorie M and Marjorie M Schilling Living Tr

Purchase Details

Closed on
Jan 16, 2009
Sold by
Schilling Norman W and Schilling Marjorie M
Bought by
Schilling Norman W and Schilling Marjorie M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berg Franklin W -- None Available
Marjorie M Schilling Trust -- None Available
Schilling Marjorie M -- None Available
Schilling Norman W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Franklin W $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $560,000 -6.5% $341 / Sq Ft
06/14/2019 06/14/19 Price Changed $599,000 -7.8% $364 / Sq Ft
04/22/2019 04/22/19 For Sale $650,000 -- $395 / 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 $8,843 $992,100 $879,400 $112,700
2023 $8,205 $902,700 $799,900 $102,800
2022 $7,161 $785,400 $695,700 $89,700
2021 $5,600 $609,100 $545,700 $63,400
2020 $4,993 $590,500 $533,500 $57,000
2019 $5,801 $609,100 $552,900 $56,200
2018 $5,537 $609,100 $552,900 $56,200
2017 $4,738 $510,000 $458,800 $51,200
2016 $4,130 $510,000 $458,800 $51,200
2014 $4,534 $506,300 $458,800 $47,500
2013 $4,534 $503,600 $458,800 $44,800
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2019

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    16 in this area

    67 Total Sales

    Fred Steffen
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Map

Source: Indiana Regional MLS

MLS Number: 201915128

Indiana Regional MLS

APN: 43-04-08-200-844.000-025

Indiana Kosciusko County Syracuse 46567

5957 E Island Ave, Syracuse, IN

Not Listed for Sale

Detached

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