NOT LISTED FOR SALE

6041 E Island Ave Syracuse, IN 46567

Estimated Value: $682,000 - $1,928,622

3 Beds
1 Bath
740 Sq Ft
$2,035/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $532,000 $719 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $8,947/month

30 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Woodwork
  • Boat Dock
  • Enclosed Patio or Porch
  • Bungalow

About This Home

As of September 2015

One of the original cottages on Lake Wawasee! Super view from the porch, the yard or the pier! See this 3 bedroom home in prime location, close to town, blocks away from the Wawasee/Syracuse Lake trail and can walk to eateries or boat to one of three restaurants within minutes of this home. Shed included on property for storage of lake toys. Sandy Beach Bottom!! Channel behind property. District sewer and own well. This home is one of a kind, and yes it was Grandmas at one time so present owners kept it the way they received it! Make an appointment to see this wonderfully located home! HOME IS BEING SOLD "AS IS"

Last Agent to Sell the Property

Becky Fox

ERA Crossroads Listed on: 05/11/2015

Last Buyer's Agent

Kay Young

ERA Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 1920

Lot Details

  • 7,231 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • 50 Feet of Waterfront
  • Lake Front
  • Wood Fence
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Carpet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

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

Utilities

  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Boat Dock
  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-09-300-368.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,117

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 7-35-69 Lot 35 Kale Island Dolans Add
  • Parcel Number ID: 43-04-09-300-368.000-025
  • Platted: Yes
  • Amenities: Cable Ready, Disposal, Natural Woodwork, Porch Enclosed, Stand Up Shower
  • Grid: 50 - N.E. Kosc.
  • Location: Lake
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 740
  • Total Finished Sq Ft: 740
  • Above Grade Finished Sq Ft: 740
  • Flooring: Carpet
  • Living Great Room: Dimensions: 13x19, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Bedroom 1: Dimensions: 8x10, On Level: Main
  • Bedroom 2: Dimensions: 8x10, On Level: Main
  • Bedroom 3: Dimensions: 7x9, On Level: Main
  • Other Room1: Porch, Dimensions: 10x30, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Rubber
  • Outbuilding1: Shed, Dimensions: 12x12
  • Fence: Wood
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 70
  • Common Amenities: Dock

Lot Info

  • Lot Description: Level, Waterfront, Lake
  • Lot Dimensions: 50 x 145
  • Estimated Lot Sq Ft: 7231
  • Estimated Lot Size Acres: 0.166

Tax Info

  • Annual Taxes: 5117.4

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Sep 14, 2015
Sold by
Bogan Alyce A and Ehler Gretchen L
Bought by
Morgan Tom and Morgan Marcia
Seller's Agent
Becky Fox
ERA Crossroads
Buyer's Agent
Kay Young
ERA Crossroads
List Price
$565,000
Sold Price
$532,000
Premium/Discount to List
-$33,000
-5.84%
Current Estimated Value
$1,505,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$973,541
Avg. Annual Appreciation
10.59%
Original Mortgage
$390,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2011
Sold by
Gaynel I Lankenau Estate and Bogan Alyce A
Bought by
Bogan Alyce A and Ehler Gretchen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Tom -- Attorney
Bogan Alyce A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morgan Tom $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $532,000 -5.8% $719 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $565,000 -- $764 / 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 $12,883 $1,445,300 $829,100 $616,200
2023 $12,049 $1,325,700 $754,200 $571,500
2022 $10,612 $1,159,400 $655,900 $503,500
2021 $8,655 $936,700 $556,900 $379,800
2020 $7,332 $867,400 $544,500 $322,900
2019 $8,479 $890,500 $564,300 $326,200
2018 $8,093 $890,500 $564,300 $326,200
2017 $6,364 $685,200 $544,500 $140,700
2016 $4,641 $573,100 $544,500 $28,600
2014 $5,112 $570,900 $544,500 $26,400
2013 $5,112 $569,500 $544,500 $25,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Becky Fox

    ERA Crossroads

    Section Image
  • Kay Young

    Buyer's Agent in 2015

    Kay Young

    ERA Crossroads

    (574) 528-1400

    17 in this area

    110 Total Sales

    Kay Young
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201521114

Indiana Regional MLS

APN: 43-04-09-300-368.000-025

Indiana Kosciusko County Syracuse 46567

6041 E Island Ave, Syracuse, IN

Not Listed for Sale

Detached

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