$1,250,000
SOLD AUG 30, 2016

7143 E Eli Lilly Rd Syracuse, IN 46567

4 Beds
1.5 Baths
2,309 Sq Ft
0.75 Acres

Recently Sold

$541 Per Sq Ft

30% Below List Price

174 Days on Market

Highlights

  • 128 Feet of Waterfront
  • Lake Property
  • Seawall
  • Pier or Dock
  • Level Lot
  • Wood Siding

About This Home

As of August 2019

128 FEET OF PRIME LAKEFRONT WITH ONE OF THE MOST HISTORICAL HOMES ON WAWASEE. Built in the late 1800's and owned by the same family all of this time this home is much like it was when built. 4 bedrooms, 2 baths with a large wrap around porch that is the perfect place to enjoy the lake life at Wawasee. From the moment you walk in the door you can feel the joy that this home has brought to generations of people. As you enter the back door you are taken back in time to a quieter, gentler day. From the quaint kitchen through the home to the dining and living area you can see the lake. Beautiful white pine and other native hardwoods throughout the home including original dark beadboard . Also on the main level is a roomy bedroom and a den/5th bedroom. Upstairs you will find room to sleep all your family and friends each with large walk in closets. Across the front you will find a wrap around porch of over 575 sq. ft. that encompasses 3 sides of the home. A level lake lot will give your family lots of space to enjoy waterfront activities. Great lake bottom for swimming, a view of the entire lake with beautiful sunsets as you sit in the spacious yard and enjoy all that Wawasee affords you. Easy access to the bike trails just outside your back door for miles of fun running, walking or biking.

Last Agent to Sell the Property

Kay Young

ERA Crossroads Listed on: 02/29/2016

ERA Crossroads

Last Buyer's Agent

Kay Young

ERA Crossroads Listed on: 02/29/2016

ERA Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,175

Year Built

  • Built in 1900

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 128 x 249
  • 128 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-10-400-121.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,175

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOTS 17, 18 & LOT 19 LESS PT E 1/2 WRIGHT PLACE & PT VAC PUB WAY
  • Parcel Number ID: 43-04-10-400-121.000-025
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Parcel Id2: 430410400076000025
  • Sp Lp Percent: 75.76
  • Special Features: None

Interior Features

  • Total Sq Ft: 2309
  • Total Finished Sq Ft: 2309
  • Above Grade Finished Sq Ft: 2309
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 16x18, On Level: Main
  • Kitchen: Dimensions: 16x13, On Level: Main
  • Dining Room: Dimensions: 17x13, On Level: Main
  • Den: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 16x17, On Level: Upper
  • Bedroom 3: Dimensions: 13x13, On Level: Upper
  • Bedroom 4: Dimensions: 13x17, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 128
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Lake
  • Lot Dimensions: 128 X 249
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75

Tax Info

  • Annual Taxes: 7175

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Dellen Robert N
Bought by
Dellen Robert N
Current Estimated Value
$3,394,687

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 19, 2019
Sold by
Williamson Daniel E and Williamson Jana L
Bought by
Dellen Robert N
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$1,000,000
Outstanding Balance
$882,024
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,395,491

Purchase Details

Closed on
Feb 12, 2016
Sold by
Smith Deborah B and Blackwell Chapman T
Bought by
Smith Deborah Blackwell

Purchase Details

Closed on
Jan 3, 2015
Sold by
Blackwell Chapman T and Blackwell Nancy Blough
Bought by
Blackwell Chapman T and Nancy Blough Blackwell Credit Shelter Tr
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Metropolitan Title Of In Llc
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $1,800,000 0.0% $780 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $1,800,000 +44.0% $780 / Sq Ft
08/30/2016 08/30/16 Sold $1,250,000 -30.4% $541 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $1,795,000 -- $777 / 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 $29,971 $3,396,900 $2,794,400 $602,500
2023 $28,419 $3,127,200 $2,568,600 $558,600
2022 $21,318 $2,329,100 $2,233,100 $96,000
2021 $18,470 $1,998,900 $1,904,500 $94,400
2020 $14,797 $1,751,200 $1,659,300 $91,900
2019 $17,394 $1,827,300 $1,721,200 $106,100
2018 $16,602 $1,827,300 $1,721,200 $106,100
2017 $17,824 $1,920,200 $1,817,600 $102,600
2016 $15,527 $1,918,900 $1,817,600 $101,300
2014 $7,168 $800,400 $714,000 $86,400
2013 $7,168 $795,500 $714,000 $81,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201608018

Indiana Regional MLS

APN: 43-04-10-400-121.000-025