NOT LISTED FOR SALE

7221 E Eli Lilly Rd Syracuse, IN 46567

Estimated Value: $1,347,000 - $1,701,000

5 Beds
3 Baths
2,100 Sq Ft
$742/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $912,500 $435 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,954/month

139 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake, Pond or Stream
  • Skylights
  • Pier or Dock
  • 2 Car Detached Garage
  • Home Security System

About This Home

As of September 2018

Classic Wawasee Lakefront home with all the updates. Wonderful location on Eli Lilly Road with a great view, sandy swimming and 50 foot lake level lot. Cottage style home that offers 5 bedrooms, 3 baths and a detached two car garage. Updates by Milestone Construction include; new flooring, central a/c, plumbing, electrical panel, tank-less water heater, kitchen counter tops and appliances (including three refrigerators), light fixtures, exterior painting, patio and walk, exterior speakers and alarm system with cameras. Really charming with all the updates so you can just come and enjoy the lake.

Last Agent to Sell the Property

Fred Steffen

Steffen Realty Listed on: 03/17/2018

Last Buyer's Agent

Fred Steffen

Steffen Realty Listed on: 03/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 1922

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50 x 215
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Stucco Exterior

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Crawl Space
  • Attic Fan
  • Home Security System
  • Disposal
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-10-400-094.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,124

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1922
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 1 Eli Lillys 2nd add and tr N lot 1 eli Lillys 2nd PL of Wawasee |
  • Parcel Number ID: 43-04-10-400-094.000-025
  • Platted: Yes
  • Amenities: Alarm System-Security, Ceiling Fan(s), Disposal, Dryer Hook Up Electric, Garage Door Opener, Skylight(s), Alarm System-Sec. Cameras
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Parcel Id2: 430410400306000025
  • Special Features: None

Interior Features

  • Total Sq Ft: 2100
  • Total Finished Sq Ft: 2100
  • Above Grade Finished Sq Ft: 2100
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 15x9, On Level: Main
  • Family Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x10, On Level: Upper
  • Bedroom 5: Dimensions: 13x10, On Level: Upper
  • Main Level Sq Ft: 1424
  • Number of Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Electric, Gas, Forced Air, Wall Heater
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 15
  • Water Type: Lake
  • Well Type: Private

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 50 x 215
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 7124.06

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2018
Closed on
Sep 6, 2018
Sold by
Browne Todd W and Browne Nancy A
Bought by
Ellis Kip B and Ellis Angela M
Seller's Agent
Fred Steffen
Steffen Realty
Buyer's Agent
Fred Steffen
Steffen Realty
List Price
$989,000
Sold Price
$912,500
Premium/Discount to List
-$76,500
-7.74%
Current Estimated Value
$1,558,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,898
Avg. Annual Appreciation
7.58%
Original Mortgage
$700,000
Outstanding Balance
$610,497
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$947,901

Purchase Details

Closed on
May 31, 2012
Sold by
Kappers Philip S
Bought by
Browne Todd W and Browne Nancy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ellis Kip B -- None Available
Browne Todd W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Kip B $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Sold $912,500 -5.8% $435 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
06/19/2018 06/19/18 Price Changed $969,000 -2.0% $461 / Sq Ft
03/17/2018 03/17/18 For Sale $989,000 -- $471 / 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 $9,767 $1,095,800 $984,000 $111,800
2023 $9,157 $1,007,400 $904,800 $102,600
2022 $8,024 $876,700 $787,200 $89,500
2021 $6,930 $750,000 $672,000 $78,000
2020 $6,095 $721,000 $648,000 $73,000
2019 $7,096 $745,200 $672,000 $73,200
2018 $6,774 $745,200 $672,000 $73,200
2017 $6,865 $739,200 $672,000 $67,200
2016 $5,984 $739,200 $672,000 $67,200
2014 $6,576 $734,300 $672,000 $62,300
2013 $6,576 $730,900 $672,000 $58,900
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
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Map

Source: Indiana Regional MLS

MLS Number: 201810013

Indiana Regional MLS

APN: 43-04-10-400-094.000-025

Indiana Kosciusko County Syracuse 46567

7221 E Eli Lilly Rd, Syracuse, IN

Not Listed for Sale

Detached

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