NOT LISTED FOR SALE

7941 E Cherokee Rd Syracuse, IN 46567

Estimated Value: $820,000 - $1,381,000

0.2 Acre
$5,183,270 Price per Acre
8,712 Sq Ft Lot

Last Sold October 22, 2015

Last sale price $102,000

Est. 916% increase in value since last sale

Current estimated payment $5,775/month

483 Days on Market

About This Lot

As of October 2015

One of the last vacant lots in Johnson Bay Subdivision. 75' wide with no homes across the channel (for greater privacy). Short idle to Wawasee Lake. Sewer available at the road. Make plans now to build your dream home here.

Last Agent to Sell the Property

Kay Young

ERA Crossroads Listed on: 06/05/2014

ERA Crossroads

Last Buyer's Agent

Karin Hamilton

Hamilton Real Estate Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,528

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • 75 Feet of Waterfront
  • Home fronts a canal
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $8 Monthly HOA Fees

Schools

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

Utilities

  • Heating System Uses Gas
  • Gas Available
  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 43-04-10-200-271.000-025

Community Details

Overview

  • Kanata Manayunk Subdivision

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,528

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 97 Johnson Bay Subdivision |
  • Parcel Number ID: 43-04-10-200-271.000-025
  • Platted: Yes
  • Grid: 55 - N.E. Kosc. Water
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Waterfront
  • Restrictions: Restrictions, SqFt Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Frontage: 75
  • Water Name: Lake Wawasee
  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Available, Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Syracuse

Lot Info

  • Lot Dimensions: 75 X 125
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1528

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
Jun 5, 2014
Closed on
Oct 21, 2015
Sold by
Merryman Bradley E and Merryman Cathryn C
Bought by
Tenney Chandler J and Tenney Ashley B
Seller's Agent
Kay Young
ERA Crossroads
Buyer's Agent
Karin Hamilton
Hamilton Real Estate Group LLC
List Price
$140,000
Sold Price
$102,000
Premium/Discount to List
-$38,000
-27.14%
Current Estimated Value
$1,036,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,654
Avg. Annual Appreciation
25.50%
Original Mortgage
$81,600
Outstanding Balance
$36,126
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,000,528
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tenney Chandler J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenney Chandler J $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $102,000 -27.1% --
10/01/2015 10/01/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $140,000 -- --
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 $4,223 $779,900 $232,600 $547,300
2023 $3,985 $755,100 $223,400 $531,700
2022 $3,647 $660,300 $204,500 $455,800
2021 $3,025 $553,200 $176,000 $377,200
2020 $2,572 $517,100 $172,100 $345,000
2019 $2,832 $506,700 $172,100 $334,600
2018 $2,580 $485,800 $172,100 $313,700
2017 $3,661 $394,000 $168,300 $225,700
2016 $1,271 $156,500 $156,500 $0
2014 $1,401 $156,500 $156,500 $0
2013 $1,401 $161,600 $161,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Kay Young

    Seller's Agent in 2015

    Kay Young

    ERA Crossroads

    (574) 528-1400

    108 Total Sales

    Kay Young
    Section Image
  • Karin Hamilton

    Buyer's Agent in 2015

    Karin Hamilton

    Hamilton Real Estate Group LLC

    (574) 269-4000

    80 Total Sales

    Karin Hamilton
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201422498

Indiana Regional MLS

APN: 43-04-10-200-271.000-025

Indiana Kosciusko County Syracuse 46567

7941 E Cherokee Rd, Syracuse, IN

Not Listed for Sale

Lots

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