NOT LISTED FOR SALE

7574 E Vawter Park Rd Syracuse, IN 46567

Estimated Value: $1,938,000 - $2,716,000

6 Beds
4 Baths
3,326 Sq Ft
$731/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $2,600,000 $782 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $14,371/month

3 Days on Market

Highlights

  • 63 Feet of Waterfront
  • Lake Property
  • 4 Car Detached Garage
  • Pier or Dock
  • Stone Countertops
  • Skylights

About This Home

As of October 2023

This property blends modern comfort with lakeside living on Indiana's largest natural lake, Lake Wawasee. Offering a range of features makes it an ideal getaway or a year-round residence. With 63 feet of frontage on Wawasee Pier #493, step into luxury and convenience with recent upgrades, including all-new Andersen windows installed in 2021, and the addition of a new entryway with a foyer and covered porch enhances the property's curb appeal and welcomes you into the home. Inside, one of the standout features is the added bedroom with a cathedral ceiling. This space is furnished with Pottery Barn bunk beds, comfortably accommodating up to six guests. The primary bedroom is a haven of relaxation, featuring an extra-large shower with multiple shower heads for a spa-like experience. The walkout basement is a space designed for entertainment and relaxation. Outdoor living is taken to the next level with a new TimberTech deck featuring cable railings and stylish pillars. This space is designed for gatherings. The walkout stamped patio beneath the deck extends the entertainment area by the lake, providing a seamless transition from indoor to outdoor living. A back lot offers extra parking space and a remarkable 31' x 56' garage featuring 12' garage doors. This expansive garage also includes a storage loft and a basketball court, making it a versatile space for various activities, including pickleball. Additional features that enhance the property's allure include a new concrete pad that can accommodate up to eight cars in front, an outdoor fireplace, and a natural gas grill. Storage is abundant, with a shed under the deck to house life jackets, lake toys, and a second full-size refrigerator/freezer. The property comes fully furnished and ready for you to move in. The beautiful décor throughout the home is sourced from reputable local stores, including the Nest in Warsaw and Habegger Furniture in Fort Wayne. Mechanical features further enhance the property's functionality and comfort. A new lawn and landscaping completed in 2021, while an irrigation system draws water from the lake. The RainEscape system beneath the deck ensures outdoor enjoyment even during rainy days. Buried downspouts contribute to the property's aesthetic appeal. Other features include new furnace and AC, water softener, wireless router for seamless connectivity, and electric pet fence. Offers will be responded to on Monday 8/28 at 3pm.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Brokerage Phone: 260-385-9866 Listed on: 08/25/2023

Last Buyer's Agent

UPSTAR NonMember

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,003

Year Built

  • Built in 1988

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 190 x 86
  • 63 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Home Security System
  • Gas And Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-22-100-166.000-025

Community Details

Overview

  • Vawter Park Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,003

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1988
  • Age: 35
  • Style: Two Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 7-85-14 LOT 16 VAWTER PARK & PT OL 3 N LOT 16 JOHN T VAWTER'S 1ST ADD TO VAWTER PK W1/2 LOT 36 & W1/2 LOT 37 LAUX PK
  • Parcel Number ID: 43-04-22-100-166.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Guest Quarters, Kitchen Island, Near Walking Trail, Patio Open, Skylight(s), Twin Sink Vanity
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 94.55
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3326
  • Total Finished Sq Ft: 3326
  • Above Grade Finished Sq Ft: 2264
  • Below Grade Finished Sq Ft: 1062
  • Price Per Sq Ft: 1148.41
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x17, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 10x17, On Level: Main
  • Family Room: Dimensions: 20x17, On Level: Lower
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: 6th bedroom, Dimensions: 13x13, On Level: Lower
  • Bedroom 1: Dimensions: 14x17, On Level: Upper
  • Bedroom 2: Dimensions: 14x10, On Level: Upper
  • Bedroom 3: Dimensions: 16x15, On Level: Main
  • Bedroom 4: Dimensions: 11x11, On Level: Main
  • Bedroom 5: Dimensions: 13x11, On Level: Lower
  • Loft: On Level: N/A
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1062

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 63
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 31x56
  • Garage Sq Ft: 1736
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx7, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Lake
  • Lot Dimensions: 190 X 86
  • Estimated Lot Sq Ft: 16505
  • Estimated Lot Size Acres: 0.38
  • Lot Number: 16

Tax Info

  • Annual Taxes: 13003

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Zurcher Jonathan D and Zurcher Melinda A
Bought by
Zurcher Jonathan D and Zurcher Melinda A
Current Estimated Value
$2,356,456

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jan 5, 2018
Sold by
Reecer
Bought by
Jonathan
Seller's Agent
Kurt Ness
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Kurt Ness
Ness Bros. Realtors & Auctioneers
List Price
$700,000
Sold Price
$1,060,000
Premium/Discount to List
$360,000
51.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%

Purchase Details

Listed on
Nov 8, 2017
Closed on
Dec 21, 2017
Sold by
Reecer Properties Llc
Bought by
Zurcher Jonathan D and Zurcher Melinda A
Seller's Agent
Kurt Ness
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Kurt Ness
Ness Bros. Realtors & Auctioneers
List Price
$700,000
Sold Price
$1,060,000
Premium/Discount to List
$360,000
51.43%

Purchase Details

Listed on
Nov 20, 2016
Closed on
Jul 14, 2017
Sold by
Kitch
Bought by
Reecer
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,199,000
Sold Price
$850,200
Premium/Discount to List
-$348,800
-29.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.33%
Original Mortgage
$1,500,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2015
Sold by
Kitch Acceptance Corporation
Bought by
Kitch Realty Llc

Purchase Details

Closed on
Jan 1, 2011
Sold by
C S Kitch Company Inc
Bought by
Kitch Acceptance Corporation
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 Buyer Sale Price Title Company
Zurcher Jonathan D -- None Available
Jonathan $1,060,000 --
Zurcher Jonathan D -- Metropolitan Title Of In Llc
Reecer $852,000 --
Reecer Properties Llc $852,000 Metropolitan Title
Kitch Realty Llc -- Attorney
Kitch Acceptance Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurcher Jonathan D $1,200,000
Previous Owner Reecer Properties Llc $1,500,000
Previous Owner Kitch Acceptance Corporation $1,151,000
Previous Owner C S Kitch Company Inc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $2,600,000 -5.5% $782 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $2,750,000 +159.4% $827 / Sq Ft
01/05/2018 01/05/18 Sold $1,060,000 +51.4% $337 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $700,000 -17.7% $223 / Sq Ft
07/14/2017 07/14/17 Sold $850,200 -29.1% $271 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
11/20/2016 11/20/16 For Sale $1,199,000 -- $382 / 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 $17,629 $1,957,900 $1,266,000 $691,900
2023 $15,302 $1,683,700 $1,163,500 $520,200
2022 $12,854 $1,404,300 $1,015,300 $389,000
2021 $10,251 $1,109,400 $917,000 $192,400
2020 $8,765 $1,037,100 $863,800 $173,300
2019 $10,199 $1,071,200 $895,800 $175,400
2018 $9,753 $1,073,200 $895,800 $177,400
2017 $9,539 $1,027,400 $895,800 $131,600
2016 $8,316 $1,027,400 $895,800 $131,600
2014 $9,113 $1,017,600 $895,800 $121,800
2013 $9,113 $1,015,100 $895,800 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202330709

Indiana Regional MLS

APN: 43-04-22-100-166.000-025