NOT LISTED FOR SALE

6948 E Waco Dr Syracuse, IN 46567

Estimated Value: $1,367,000 - $9,396,076

5 Beds
1.5 Baths
2,524 Sq Ft
$2,139/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,695,000 $672 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $32,254/month

10 Days on Market

Highlights

  • 109 Feet of Waterfront
  • 2 Car Detached Garage
  • Level Lot
  • Lake, Pond or Stream
  • Central Air

About This Home

As of September 2018

109' of lakefront on Waco Drive on Wawasee Lake.

Last Agent to Sell the Property

Fred Steffen

Steffen Realty Listed on: 08/24/2018

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,439

Year Built

  • Built in 1918

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 109x269x110x286
  • 109 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,524 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Lake, Pond or Stream

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-16-200-369.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,439

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1918
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: N Pt Lot 4 & Lots 5,6&7 Less 40' Sudlow and Marsh's Corp PL to South Park |
  • Parcel Number ID: 43-04-16-200-369.000-025
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2524
  • Total Finished Sq Ft: 2524
  • Above Grade Finished Sq Ft: 2524
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 30x14, On Level: Main
  • Kitchen: Dimensions: 12x16, On Level: Main
  • Breakfast Room: Dimensions: 8x5, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Extra Room: Dimensions: 22x10, On Level: Main
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 16x10, On Level: Main
  • Bedroom 4: Dimensions: 10x12, On Level: Upper
  • Bedroom 5: Dimensions: 12x9, On Level: Upper

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 11x14
  • Lake Type: Access to Ski Lake
  • Water Frontage: 109
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x19
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fees Dollar: 66

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 109x269x110x286
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75
  • Lot Number: 4

Tax Info

  • Annual Taxes: 16439

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2019
Sold by
French Capital Investors Llc
Bought by
French Capital Investors Llc
Current Estimated Value
$5,397,692

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 7, 2018
Sold by
K Development Inc
Bought by
French Capital Investors Llc
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,800,000
Sold Price
$1,695,000
Premium/Discount to List
-$105,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%

Purchase Details

Listed on
Aug 24, 2018
Closed on
Aug 1, 2018
Sold by
Lindquist John T
Bought by
K Development Inc
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,800,000
Sold Price
$1,695,000
Premium/Discount to List
-$105,000
-5.83%
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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Purchase History

Date Buyer Sale Price Title Company
French Capital Investors Llc -- None Available
French Capital Investors Llc -- Metropolitan Title Of In Llc
K Development Inc -- Metropolitan Title Of In Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $1,695,000 -5.8% $672 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $1,800,000 -- $713 / 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 $48,360 $5,481,100 $2,384,400 $3,096,700
2023 $45,742 $5,033,500 $2,191,800 $2,841,700
2022 $40,365 $4,633,100 $1,948,600 $2,684,500
2021 $21,729 $2,351,600 $1,662,000 $689,600
2020 $17,087 $2,022,200 $1,602,300 $419,900
2019 $16,938 $1,779,400 $1,662,000 $117,400
2018 $16,167 $1,779,400 $1,662,000 $117,400
2017 $16,440 $2,040,800 $1,931,800 $109,000
2016 $16,513 $2,040,800 $1,931,800 $109,000
2014 $18,197 $2,032,100 $1,931,800 $100,300
2013 $18,197 $2,026,800 $1,931,800 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2018

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    67 Total Sales

    Fred Steffen
    Section Image
  • Lynn Reecer

    Buyer's Agent in 2018

    Lynn Reecer

    Reecer Real Estate Advisors

    (260) 434-5750

    280 Total Sales

    Lynn Reecer
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201839842

Indiana Regional MLS

APN: 43-04-16-200-369.000-025

Indiana Kosciusko County Syracuse 46567

6948 E Waco Dr, Syracuse, IN

Not Listed for Sale

Detached

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