NOT LISTED FOR SALE

8517 E Wade Ln North Webster, IN 46555

Estimated Value: $506,000 - $649,000

3 Beds
2 Baths
1,470 Sq Ft
$378/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $625,017 $425 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,374/month

97 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Traditional Architecture
  • 1 Car Attached Garage
  • Lake Property
  • Wood Flooring
  • Breakfast Bar

About This Home

As of November 2022

*Don't miss your chance to own this gorgeous lake home - back on the market at no fault of seller!* Lake living at its finest so you can enjoy your summers on the water! Beautifully remodeled and filled with gorgeous views of Webster Lake - you’ll be able to walk right out your patio door and enjoy the lake every day. Nearly everything new, top-to-bottom, inside & out, this gem stands out. Once inside you’ll fall in love with the beautiful rooms and amazing views through all the well placed windows. Charming hardwood floors throughout set the tone for your light and airy lake home. Guests will be enraptured when they step through your front door and are made welcome in the large living room. The kitchen boasts counter to ceiling tile work and lovely hardware adorns the new cabinetry with slow close drawers. The chef in your family will be delighted with the expansive quartz counter space, the pot filler over the range, and the breathtaking views out the patio door. Step onto the deck to enjoy an evening meal with a relaxing ambiance. Back inside an attractive guest bathroom is just off the main floor laundry room also convenient for after lake time showers. Upstairs are two lake facing bedrooms where you can wake up to the sights and sounds of nature. A third sunlit bedroom is also available for guests or a lovely home office. The upstairs bathroom makes a statement with its hexagonal flooring and features that will make it a favorite room to your family and guests. Relax in the deep soaker tub after a long day or take a quick rinse off in the custom tiled shower after a day of on the water. This home was completely redone with your enjoyment in mind. It offers low maintenance - it even has gutter guards - so that you don’t have to worry and can enjoy your low stress lake life. A 1+ car garage and an additional lot make this combination a rare find. Truely a unique opportunity with a lake front property, the extra lot means you can have plenty of space for more guests, parking, and boat storage or go the extra mile and build a guesthouse!

Last Agent to Sell the Property

James Bausch

RE/MAX Results- Warsaw Listed on: 08/09/2022

RE/MAX Results- Warsaw

Last Buyer's Agent

Shawn Browning

ERA Crossroads

ERA Crossroads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1943

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x75
  • 50 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

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

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

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

Community Details

  • Epworth Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-08-11-300-356.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,320

Year Built

Built in 1943

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1943
  • Age: 79
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 5-43-4 LOT 16 BLK B EPWORTH FOREST & STP TO WATERS EDGE, 005-042-269 LOT 11 BLK B EPWORTH FOREST
  • Parcel Number ID: 43-08-11-300-356.000-023
  • Platted: Yes
  • Amenities: Breakfast Bar, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Kitchen Island, Landscaped, Range/Oven Hook Up Gas, Tub and Separate Shower, Main Floor Laundry, Washer Hook-Up
  • Cross Street: Wesley Lane
  • Grid: 15 - Central Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Parcel Id2: 0571902858
  • Sp Lp Percent: 94.84
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1470
  • Total Finished Sq Ft: 1470
  • Above Grade Finished Sq Ft: 1470
  • Price Per Sq Ft: 425.18
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Ceramic Tile
  • Living Great Room: Dimensions: 23x12, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Bedroom 1: Dimensions: 13x9, On Level: Upper
  • Bedroom 2: Dimensions: 10x11, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 50
  • Water Name: Webster Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x14
  • Garage Sq Ft: 252
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx8, On Level: 8
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 35
  • Association Fees Frequency: Optional

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Description: Waterfront, 0-2.9999, Lake
  • Lot Dimensions: 50X75
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 2320

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

Listed on
Aug 9, 2022
Closed on
Nov 21, 2022
Sold by
Sweet Beginnings Maple Llc
Bought by
Memmer Andrew C and Memmer Beth H
Seller's Agent
James Bausch
RE/MAX Results- Warsaw
Buyer's Agent
Shawn Browning
ERA Crossroads
List Price
$700,000
Sold Price
$625,017
Premium/Discount to List
-$74,983
-10.71%
Views
32
Current Estimated Value
$543,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,607
Avg. Annual Appreciation
-4.53%
Original Mortgage
$500,000
Outstanding Balance
$447,618
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$103,633

Purchase Details

Listed on
Aug 27, 2021
Closed on
Feb 25, 2022
Sold by
Smith Peggy J
Bought by
Sweer Beginnings Maple Llc
Seller's Agent
Sean Burcham
Coldwell Banker Real Estate Group
Buyer's Agent
James Bausch
RE/MAX Results- Warsaw
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.93%
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
Memmer Andrew C -- --
Sweer Beginnings Maple Llc -- Wesley James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memmer Andrew C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $625,017 -5.2% $425 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $659,000 -2.4% $448 / Sq Ft
09/22/2022 09/22/22 Price Changed $675,000 -3.6% $459 / Sq Ft
09/12/2022 09/12/22 For Sale $700,000 0.0% $476 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $700,000 +100.0% $476 / Sq Ft
02/25/2022 02/25/22 Sold $350,000 0.0% $238 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $350,000 0.0% $238 / Sq Ft
12/28/2021 12/28/21 Off Market $350,000 -- --
12/10/2021 12/10/21 Price Changed $350,000 -22.2% $238 / Sq Ft
09/16/2021 09/16/21 For Sale $450,000 0.0% $306 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $450,000 -- $306 / 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 $4,478 $456,700 $185,600 $271,100
2023 $4,250 $422,200 $170,200 $252,000
2022 $2,363 $233,600 $149,700 $83,900
2021 $2,147 $205,300 $136,400 $68,900
2020 $1,965 $196,600 $132,300 $64,300
2019 $1,935 $196,600 $132,300 $64,300
2018 $1,700 $188,800 $127,100 $61,700
2017 $1,703 $185,200 $127,100 $58,100
2016 $1,265 $158,900 $107,400 $51,500
2014 $1,342 $153,000 $104,800 $48,200
2013 $1,342 $148,100 $99,400 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202233117

Indiana Regional MLS

APN: 43-08-11-300-356.000-023