7652 E Vawter Park Rd Syracuse, IN 46567
4
Beds
5
Baths
4,145
Sq Ft
0.75
Acres
Highlights
- 103 Feet of Waterfront
- Primary Bedroom Suite
- Lake Property
- Pier or Dock
- Open Floorplan
- Backs to Open Ground
About This Home
As of June 2022This Pier 488 home was originally built in the 1920s, was the first summer cottage on this unique private bluff along historic Vawter Park Road with 103" of lake frontage on Lake Wawasee, in NE Indiana. Torn down and rebuilt in 1990, this modern gem was designed to capture the expansive 180-degree view of Lake Wawasee in the middle of the south shore from almost everywhere in the home, even the scenic views of the 300' deep wooded lot along the road side, offering two entrances as well and loads of parking. The .75 acre lot feels exceptionally private for a lake property with only one (wonderful) neighbor to the east and a wooded barrier, then a 35' easement below the hillside between the other (terrific) neighbors to the west. It was hooked up to the Turkey Creek sewer in 2020. For this property owner and those previous, 30 seconds of steps to the lake is far worth the 30X more expansive, breathtaking views from atop, where the great majority of entertaining and living time is spent 12 months of the year. This home was completely renovated from head to toe between 2017-2020. The show-stopper Brookwood kitchen with the solarium glass ceiling was featured on Houze in 2020. Gorgeous new white oak hardwood flooring was installed on the main floor, which matches luxury vinyl flooring in the lower level and in 3 baths. The master and lower level baths have custom tile flooring. The staircases were rebuilt from scratch and modernized, and a handy elevator services the lower garage level to the main floor/lakeside. The master bedroom and one bedroom ensuite baths are located on the main floor, with two more bedrooms and bathrooms upstairs. One of the upstairs bedrooms features a deck with a full water view. The lower level of the home features a full bathroom, kitchenette/bar space, an open recreation/work-out area, as well as an extra built-in queen bed for guest overflow. Attached is a 2 car garage with an extended 35'x28' storage area for extra cars/boats, etc. All new lawn was re-planted, new landscaping, irrigation system, and a gorgeous gradual stone walkway from the driveway to the lakeside where you are struck by a breathtaking north/eastern view when reaching the lawn overlooking Lake Wawasee.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,500
Year Built
- Built in 1991
Lot Details
- 0.75 Acre Lot
- Lot Dimensions are 103x361
- 103 Feet of Waterfront
- Lake Front
- Backs to Open Ground
- Landscaped
- Irrigation
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Stone Driveway
Home Design
- Poured Concrete
- Metal Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Built-In Features
- Cathedral Ceiling
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Water Views
- Home Security System
Kitchen
- Walk-In Pantry
- Kitchen Island
- Stone Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Separate Shower
Laundry
- Laundry on main level
- Gas And Electric Dryer Hookup
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- 1 Bathroom in Basement
Outdoor Features
- Sun Deck
- Waterski or Wakeboard
- Seawall
- Lake Property
- Lake, Pond or Stream
- Balcony
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 43-04-22-100-156.000-025
Community Details
Overview
- Vawter Park Subdivision
Recreation
- Pier or Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2022
Closed on
Jun 24, 2022
Sold by
Reecer Mark V and Reecer Lynn C
Bought by
Hull John and Hull Kaye
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$3,490,000
Sold Price
$3,200,000
Premium/Discount to List
-$290,000
-8.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,646
Avg. Annual Appreciation
-5.84%
Original Mortgage
$2,560,000
Outstanding Balance
$2,449,201
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$195,090
Purchase Details
Closed on
Jun 25, 2021
Sold by
Reecer Lynn C
Bought by
Reecer Mark V and Reecer Lynn C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2019
Sold by
Reecer Lynn C
Bought by
Reecer Lynn C
Purchase Details
Listed on
Feb 15, 2016
Closed on
Nov 10, 2017
Sold by
Reecer Mark V and Reecer Lynn C
Bought by
Reecer Lynn C
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,899,900
Sold Price
$1,300,000
Premium/Discount to List
-$599,900
-31.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$1,040,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2000
Sold by
Swanson Rollin D
Bought by
Swanson Rollin D Qual Per Res Tr
Similar Homes in Syracuse, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Metropolitan Title | |
| Interfamily Deed Transfer | -- | Metropolitan Title Of In Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Metropolitan Title Of In Llc | |
| Warranty Deed | -- | Metropolitan Title Of In Llc | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,560,000 | New Conventional | |
| Previous Owner | $1,600,000 | New Conventional | |
| Previous Owner | $1,600,000 | New Conventional | |
| Previous Owner | $130,000 | Credit Line Revolving | |
| Previous Owner | $1,040,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $3,200,000 | -8.3% | $772 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/15/2022 05/15/22 | For Sale | $3,490,000 | +168.5% | $842 / Sq Ft |
| 11/10/2017 11/10/17 | Sold | $1,300,000 | -31.6% | $314 / Sq Ft |
| 09/04/2017 09/04/17 | Pending | -- | -- | -- |
| 02/15/2016 02/15/16 | For Sale | $1,899,900 | -- | $458 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $21,995 | $3,569,200 | $2,238,000 | $1,331,200 |
| 2023 | $19,782 | $3,220,900 | $2,057,300 | $1,163,600 |
| 2022 | $15,762 | $2,420,500 | $1,788,800 | $631,700 |
| 2021 | $12,025 | $1,861,200 | $1,469,000 | $392,200 |
| 2020 | $10,288 | $1,749,600 | $1,416,300 | $333,300 |
| 2019 | $11,166 | $1,686,400 | $1,469,000 | $217,400 |
| 2018 | $10,641 | $1,753,300 | $1,469,000 | $284,300 |
| 2017 | $11,705 | $1,803,600 | $1,463,000 | $340,600 |
| 2016 | $10,281 | $1,816,400 | $1,463,000 | $353,400 |
| 2014 | $11,191 | $1,789,200 | $1,463,000 | $326,200 |
| 2013 | $11,191 | $1,771,000 | $1,463,000 | $308,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Reecer
Seller's Agent in 2022
Lynn Reecer
Reecer Real Estate Advisors
(260) 434-5750
319 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202218383
APN: 43-04-22-100-156.000-025
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