NOT LISTED FOR SALE

7895 E Cherokee Rd Syracuse, IN 46567

Estimated Value: $741,000 - $875,000

3 Beds
2.5 Baths
2,552 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $250,000 $98 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $4,585/month

11 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Lake Property
  • 2 Car Attached Garage
  • Pier or Dock
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of October 2014

110 ' of Wawasee Channel Front, Johnson Bay Subdivision. 3 bedroom , 2.5 bath. Fireplace, hardwood floors, spacious floor plan. Nice covered deck that over looks channel and peaceful nature setting. Needs some work. Sold As Is, Pre approval required for financed offers or verification of funds required for cash offers and copy of EM check to be included with all offers. ADDENDUMS, IN ASSOCIATED DOCS, HAVE TO BE INCLUDED WITH OFFER.

Last Agent to Sell the Property

Amy Cavender

Northern Lakes Realty Listed on: 10/03/2014

Last Buyer's Agent

Ken Leatherman

Re/Max Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 110x115
  • 110 Feet of Waterfront
  • Home fronts a canal

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-10-200-245.000-025

Community Details

Overview

  • Johnson Bay Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,151

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1973
  • Age: 41
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 92 & Southeasterly 1/2 of Lot 91 Johnson Bay SD |
  • Parcel Number ID: 43-04-10-200-245.000-025
  • Platted: Yes
  • Amenities: Closet(s) Walk-in
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 82.78
  • Year Taxes Payable: 2013/2013
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Total Sq Ft: 2552
  • Total Finished Sq Ft: 2552
  • Above Grade Finished Sq Ft: 2552
  • Price Per Sq Ft: 97.96
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 30x42, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 25x40, On Level: Upper
  • Bedroom 2: Dimensions: 12x17, On Level: Upper
  • Bedroom 3: Dimensions: 12x17, On Level: Upper
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None
  • Channel Canal Frontage: 110
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 110
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x26
  • Garage Sq Ft: 728
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: Well
  • 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: Waterfront
  • Lot Dimensions: 110x115
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 2150.68
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 30, 2014
Sold by
Branch Banking & Trust Company
Bought by
K Development Inc
Seller's Agent
Amy Cavender
Northern Lakes Realty
Buyer's Agent
Ken Leatherman
Re/Max Partners
List Price
$302,000
Sold Price
$250,000
Premium/Discount to List
-$52,000
-17.22%
Total Days on Market
11
Current Estimated Value
$809,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,456
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Mar 25, 2014
Sold by
Smith Curtis W and Smith Beverly D
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Dec 28, 2007
Sold by
Brunner Benjamin T and Brunner Maggie A
Bought by
Smith Curt W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
K Development Inc -- Bridgetrust Title Group
Branch Banking & Trust Company $327,250 None Available
Smith Curt W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Curtis W $12,000
Previous Owner Smith Curt W $93,000
Previous Owner Smith Curtis W $417,000
Previous Owner Smith Curt W $417,000
Previous Owner Brunner Benjamin T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $250,000 -17.2% $98 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $302,000 -- $118 / 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 $3,484 $656,800 $331,000 $325,800
2023 $3,209 $631,200 $318,000 $313,200
2022 $3,014 $556,300 $290,700 $265,600
2021 $2,447 $457,000 $247,000 $210,000
2020 $2,144 $439,200 $241,600 $197,600
2019 $2,366 $431,300 $241,600 $189,700
2018 $2,188 $419,400 $241,600 $177,800
2017 $2,095 $396,100 $235,600 $160,500
2016 $1,799 $390,900 $230,300 $160,600
2014 $1,972 $388,400 $230,300 $158,100
2013 $1,972 $400,600 $235,600 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201443915

Indiana Regional MLS

APN: 43-04-10-200-245.000-025