NOT LISTED FOR SALE

7089 E Eli Lilly Rd Syracuse, IN 46567

Estimated Value: $2,128,000 - $2,548,000

4 Beds
5 Baths
5,044 Sq Ft
$468/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $1,300,000 $258 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $13,716/month

Highlights

  • 55 Feet of Waterfront
  • Lake Property
  • Backs to Open Ground
  • Open Floorplan
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of March 2016

On a beautiful piece of lakefront property, down a quiet lakefront road, sits this perfect lakefront home. With over an acre and a half of land, 55 feet of lake frontage, and over 5,000 square feet of finished living space, this property has more than enough room for all of your family and friends to gather as they enjoy the beautiful waters of Lake Wawasee. Lake Wawasee has a long standing history of being a summer vacation area since the 1800's, drawing residents from all over the tri-state area, with many from Chicago and Indianapolis. While many homes around the lake are intended primarily for summer use, the lake is certainly a place to enjoy in all seasons and reside on a permanent basis as well. Lake Wawasee offers over 3500 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, and many more activities. This home is also close to walking trails that lead around the lake. As you enter through the front door, you instantly notice the beautiful oak hardwood floors, and the wall of windows across from you that line the entire living and dining room spaces, that flow into the kitchen in this open floor plan. Just off of the living room are a den and also a sun room that provides two more walls of windows that feature the fantastic lake view. The upstairs is found by entering through a custom door, opening to the wide staircase that leads you to find all four bedroom suites - the master and three additional rooms. Each bedroom has it's own bathroom and custom closet; an amazing luxury for your family should you choose to live here year round, and a wonderful convenience should you have guests in your home. There is also an additional sitting room that includes a second fireplace. In the basement you will find a very large and open space and an 8'8" ceiling height that makes it feel even more large and inviting. Other features of this home include a heated garage, alarm system, a custom fireplace mantle, beadboard accents, a sound system, walk-in closets, garden tub, upstairs linen closet and a stamped concrete lakeside patio with stairs that lead you straight into the water. Every bit of this custom built home is welcoming and shows off just how much thought went in to every inch of the design. This is definitely a home you'll want to see. GAS $47/ELECTRIC $106

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 12/21/2015

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 12/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,019

Year Built

  • Built in 2000

Lot Details

  • 1.54 Acre Lot
  • 55 Feet of Waterfront
  • Backs to Open Ground

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Home Security System
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 43-04-10-400-070.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,019

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2000
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 7-38-66 E1/2 LOT 10 W 1/2 LOT 11 TR ADJ TO LOTS & PT VAC RDWY WRIGHT PLACE 10-34-7 .14A
  • Parcel Number ID: 43-04-10-400-070.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Ceiling Fan(s), Closet(s) Walk-in, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Garden Tub, Near Walking Trail, Open Floor Plan, Patio Open, Porch Enclosed, Range/Oven Hk Up Gas/Elec, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Lake, Near Walking Trail
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5044
  • Total Finished Sq Ft: 5044
  • Above Grade Finished Sq Ft: 3742
  • Below Grade Finished Sq Ft: 1302
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 2
  • Fireplace: Den, Living/Great Rm
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 15x23, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 14x19, On Level: Main
  • Den: Dimensions: 12x12, On Level: Upper
  • Recreation Room: Dimensions: 24x32, On Level: Basement
  • Extra Room: Dimensions: 13x17, On Level: Basement
  • Bedroom 1: Dimensions: 13x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x15, On Level: Upper
  • Bedroom 3: Dimensions: 11x15, On Level: Upper
  • Bedroom 4: Dimensions: 10x11, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1302

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 55
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 21x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Private
  • Laundry: Dimensions: 11xMain, On Level: 12
  • Water Type: Lake

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 55x247x55x246 main lot 168x314 backlot
  • Estimated Lot Sq Ft: 67082
  • Estimated Lot Size Acres: 1.54
  • Lot Number: 10
  • Zoning: R-1 Residential

Tax Info

  • Annual Taxes: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Deschner William P and Deschner Luretta S
Bought by
Deschner William P and Deschner Luretta S
Current Estimated Value
$2,361,860

Purchase Details

Listed on
Dec 21, 2015
Closed on
Mar 4, 2016
Sold by
Weadick Timothy L
Bought by
Deschner William P and Deschner Luretta S
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,449,500
Sold Price
$1,300,000
Premium/Discount to List
-$149,500
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
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
Deschner William P -- None Available
Deschner William P -- Metropolitan Title Of In Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $1,300,000 -10.3% $258 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
12/21/2015 12/21/15 For Sale $1,449,500 -- $287 / 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 $16,094 $1,805,600 $1,329,300 $476,300
2023 $15,061 $1,657,200 $1,219,900 $437,300
2022 $13,521 $1,460,100 $1,078,400 $381,700
2021 $10,356 $1,093,500 $804,500 $289,000
2020 $8,683 $1,027,300 $775,600 $251,700
2019 $10,111 $1,062,000 $804,500 $257,500
2018 $9,680 $1,065,200 $804,500 $260,700
2017 $9,770 $1,052,300 $808,500 $243,800
2016 $8,841 $1,024,000 $808,500 $215,500
2014 $9,079 $1,013,800 $808,500 $205,300
2013 $9,079 $1,004,400 $808,500 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201556514

Indiana Regional MLS

APN: 43-04-10-400-070.000-025