NOT LISTED FOR SALE

8607 E Smith Dr Syracuse, IN 46567

Estimated Value: $457,000 - $627,000

3 Beds
1.5 Baths
1,440 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $270,000 $188 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,036/month

150 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Lake Property
  • 1-Story Property
  • Pier or Dock
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of March 2017

This home, located on a quiet channel road, and surrounded by beautiful mature trees, boasts 100 ft of channel frontage on 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, with many from Chicago and Indianapolis. 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 3500 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, and many more activities. As you enter this home, you are drawn in through the entryway into the living room, which has large windows that allow in an abundance of light and views of the channel. This property sits on a T in the channel so instead of looking directly across to neighbors, you can enjoy the open space of the wide channel water. Cozy and full of character, the interior of this home has a true lake cottage feel, but with plenty of space to spread out. The kitchen has a breakfast bar, and is open to the living room. Adjacent to the kitchen and living area is the large dining room with sliding glass doors, leading out onto the patio. Branching off from both sides of the main living area are 3 bedrooms, with an additional room that can be used as an office, den, or additional bedroom. The owner is also offering a $1500 credit for new flooring. The outdoor space with this home is very unique for a channel front home. There is plenty of space both roadside and channel side. The 100 feet of channel frontage really helps to add to the spacious, yet secluded feel of the yard. The pier extends along the seawall and out into the channel, where it provides a wonderful view of the channel as it opens out onto Lake Wawasee. The lake breeze passes through the channel, and right past this lovely home. Whether you are looking for a year-round home, or a lake cottage for a quiet getaway, this home provides all the space and charm you need for living at the lake.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 08/27/2016

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 08/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1960

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 100x91x100x89
  • 100 Feet of Waterfront
  • Home fronts a canal
  • Level Lot

Parking

  • Paver Block

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Carpet
  • Water Views
  • Sump Pump
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

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

Utilities

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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-04-14-100-028.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,868

Year Built

Built in 1960

Lot Details

8,500 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1960
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 7-53-26 LOT 21 & 22 STROHS PLAT JOHNSON BAY
  • Parcel Number ID: 43-04-14-100-028.000-025
  • Platted: Yes
  • Amenities: Attic Storage, Cable Available, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Disposal, Dryer Hook Up Gas, Patio Open, Main Floor Laundry, Sump Pump
  • Location: Lake
  • Road Access: County
  • Road Surface: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Flooring: Carpet
  • Living Great Room: Dimensions: 14x19, On Level: Main
  • Kitchen: Dimensions: 8x9, On Level: Main
  • Dining Room: Dimensions: 12x24, On Level: Main
  • Extra Room: Den office or 4th bedroom, Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Main Level Sq Ft: 1440
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x10, 120
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 100
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Pavers

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Lot Info

  • Lot Description: Level, Waterfront, Flood Plain, Lake, Water View
  • Lot Dimensions: 100x91x100x89
  • Estimated Lot Sq Ft: 8500
  • Estimated Lot Size Acres: 0.1951
  • Zoning: A Single Family Residential

Tax Info

  • Annual Taxes: 1868

Multi Family

  • Water Access: Channel Front/Canal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Unterbrink Kevin J
Bought by
Line Larry and Line Lori S
Current Estimated Value
$534,690

Purchase Details

Listed on
Aug 27, 2016
Closed on
Mar 15, 2017
Sold by
Flynn Michael C and Flynn Mary M
Bought by
Unterbrink Kevin J
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$284,900
Sold Price
$270,000
Premium/Discount to List
-$14,900
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$216,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2010
Sold by
Brennan Andrea Z
Bought by
Flynn Michael C and Flynn Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,272
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Line Larry $240,000 Metropolitan Title
Unterbrink Kevin J -- Metropolitan Title Of In Llc
Flynn Michael C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Unterbrink Kevin J $216,000
Previous Owner Flynn Michael C $178,272
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $270,000 -5.2% $188 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
08/27/2016 08/27/16 For Sale $284,900 -- $198 / Sq Ft
Source: Indiana Regional MLS

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 $3,478 $390,200 $260,800 $129,400
2023 $3,406 $374,500 $250,500 $124,000
2022 $3,041 $332,200 $227,000 $105,200
2021 $1,369 $272,400 $189,400 $83,000
2020 $1,219 $265,500 $184,700 $80,800
2019 $2,502 $262,400 $184,700 $77,700
2018 $2,344 $257,500 $184,700 $72,800
2017 $2,013 $216,400 $175,300 $41,100
2016 $1,757 $216,600 $175,300 $41,300
2014 $1,905 $212,700 $175,300 $37,400
2013 $1,905 $226,900 $188,000 $38,900
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 201640574

Indiana Regional MLS

APN: 43-04-14-100-028.000-025

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