8537 E Black Point Rd Syracuse, IN 46567
Estimated Value: $1,587,854 - $1,938,000
4
Beds
3
Baths
3,437
Sq Ft
$523/Sq Ft
Est. Value
Highlights
- 74 Feet of Waterfront
- Primary Bedroom Suite
- Fireplace in Bedroom
- Pier or Dock
- Lake Property
- 2 Car Detached Garage
About This Home
As of July 2015This lake home offers 74 Ft. of lake frontage with a sandy bottom beach located on Lake Wawasee. Indiana's largest natural lake, Lake Wawasee has a long-standing history of being a summer vacation area since the 1800's, drawing residents from all over the tri-state area of Ohio, Illinois and Indiana. There's a wonderfully social culture around the lake and when the summer residents return home for the winter, the town of Syracuse remains active. While many homes around the lake are intended primarily for summer use, the lake is certainly a place to enjoy in all seasons and reside on a permanent basis as well. Lake Wawasee offers over 3400 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, and many more activities. This is a very quiet area with beautiful sunset views. The large living room opens to a lakefront sunroom and has a gas log fireplace. There are 4 bedrooms and 3 baths in main house and guest quarters for additional sleeping arrangements. Built as permanent home in 1939 the original home has been renovated and remodeled by Milestone Construction, Inc. Projects included additions of a first floor master bedroom suite with gas log fireplace, bookshelves and cabinets by Schlotterback. A master bath and utility room, new HVAC system for the entire house and an additional hot water heater. Pella Windows and sliding doors have been installed throughout main house. New insulation and new electrical service was installed during remodeling. The main house interior was completely updated with help of an interior designer in 2008. Hardwood flooring was installed and the kitchen area updates included a kitchen island and new counter tops with quartz. The appliances were updated along with custom kitchen cabinetry by Schlotterback. Upstairs the renovations included a complete 3-bedroom guest suite on the second floor with half-bath and separate shower areas. Independent HVAC unit with controls for the second floor were also installed. The utility and laundry area includes a natural gas furnace for the baseboard hot-water heating unit in the main house and guest house, pressure tank for the well, water heater and Kinetico water softening system for entire house.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,659
Year Built
- Built in 1935
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 77x171x163x79
- 74 Feet of Waterfront
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Construction Material
Interior Spaces
- 3,437 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Crawl Space
- Home Security System
- Kitchen Island
- Washer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Bedroom
- Primary Bedroom Suite
- In-Law or Guest Suite
Outdoor Features
- Sun Deck
- Waterski or Wakeboard
- Lake Property
- Lake, Pond or Stream
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Community Details
- Pier or Dock
Listing and Financial Details
- Assessor Parcel Number 43-04-14-100-159.000-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2015
Closed on
Jul 9, 2015
Sold by
Fulk Dennis L and Fulk J
Bought by
Mcbride R Craig and Mcbride Melanie Hall
Seller's Agent
James Reecer
Keller Williams Realty Group
Buyer's Agent
James Reecer
Keller Williams Realty Group
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
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
$798,285
Avg. Annual Appreciation
6.08%
Original Mortgage
$750,000
Outstanding Balance
$308,430
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,489,855
Similar Homes in Syracuse, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcbride R Craig | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcbride R Craig | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2015 07/09/15 | Sold | $1,000,000 | +0.1% | $291 / Sq Ft |
| 06/01/2015 06/01/15 | Pending | -- | -- | -- |
| 06/01/2015 06/01/15 | For Sale | $999,000 | -- | $291 / 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 | $9,309 | $1,542,400 | $1,227,100 | $315,300 |
| 2023 | $8,252 | $1,405,500 | $1,116,100 | $289,400 |
| 2022 | $7,620 | $1,223,000 | $970,700 | $252,300 |
| 2021 | $6,359 | $1,032,600 | $824,200 | $208,400 |
| 2020 | $5,647 | $1,006,000 | $805,900 | $200,100 |
| 2019 | $6,502 | $1,035,300 | $835,200 | $200,100 |
| 2018 | $9,409 | $1,035,300 | $835,200 | $200,100 |
| 2017 | $9,258 | $997,100 | $805,900 | $191,200 |
| 2016 | $8,071 | $997,100 | $805,900 | $191,200 |
| 2014 | $8,258 | $922,200 | $797,700 | $124,500 |
| 2013 | $8,258 | $918,500 | $797,700 | $120,800 |
Source: Public Records
Agents Affiliated with this Home
-
James Reecer
Seller's Agent in 2015
James Reecer
Keller Williams Realty Group
(260) 415-7386
108 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201525164
APN: 43-04-14-100-159.000-025
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