NOT LISTED FOR SALE

8687 E Hatchery Rd Syracuse, IN 46567

Estimated Value: $134,000 - $215,000

2 Beds
1 Bath
725 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $150,000 $207 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $964/month

15 Days on Market

Highlights

  • Water Views
  • Lake Property
  • Sun Deck
  • Pier or Dock
  • 1-Story Property
  • Cabin

About This Home

As of May 2024

Back on market due to no fault of the seller! This lovely home on lake Papakeechie is one you won't want to miss! So much to enjoy here, including the fresh kitchen, cozy living area, gorgeous lake view, and deeded pier space with the paddle boat included! The well is new (2022) along with updated plumbing, water softener (2023), reverse osmosis (2023) and large back deck. Whether you are looking for a little lake cottage, or a year round home, this is ready for you to move in and enjoy the peaceful lake and fishing life at a price that can't be beat. Papakeechie is renowned for its fishing, serenity, and privacy- no motors allowed. There is no public access, if you want to be on this lake you have to own a home here! Huge bonus, Lake Wawasee public access is right across the street for all of your water sport fun!

Last Agent to Sell the Property

Savannah Beer

Patton Hall Real Estate Listed on: 03/28/2024

Co-Listed By

Austin Beer

Patton Hall Real Estate

Last Buyer's Agent

Angie Racolta

Keller Williams Thrive North

Keller Williams Thrive North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $237

Year Built

  • Built in 1952

Lot Details

  • 7,335 Sq Ft Lot
  • Lot Dimensions are 45x163
  • Sloped Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Vinyl Construction Material

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-04-26-100-565.000-025

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$237

Year Built

Built in 1952

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1952
  • Age: 72
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 7-101-80 LOT 5 SD OF PT OF OL 89 IN THE REPLAT OF SD 5
  • Parcel Number ID: 43-04-26-100-565.000-025
  • Platted: Yes
  • Amenities: Deck on Waterfront
  • Grid: 50 - N.E. Kosc.
  • Sp Lp Percent: 100.67
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 725
  • Total Finished Sq Ft: 725
  • Above Grade Finished Sq Ft: 725
  • Price Per Sq Ft: 206.9
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x16, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Bedroom 1: Dimensions: 17x9, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock Available
  • Water Name: Papakeechie Lake

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 80
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Slope, Lake, Water View
  • Lot Dimensions: 45X163
  • Estimated Lot Sq Ft: 7335
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 5

Tax Info

  • Annual Taxes: 237.34

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 10, 2024
Sold by
Schlabach Richard and Schlabach Loranna Sue
Bought by
Sanger Abigail L
Seller's Agent
Savannah Beer
Patton Hall Real Estate
Buyer's Agent
Angie Racolta
Keller Williams Thrive North
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Views
53
Current Estimated Value
$175,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,697
Avg. Annual Appreciation
11.61%
Original Mortgage
$9,000
Outstanding Balance
$8,872
Interest Rate
6.82%
Estimated Equity
$166,825

Purchase Details

Listed on
Jun 27, 2021
Closed on
Mar 7, 2022
Sold by
Shankster Randal J and Shankster Catherine A
Bought by
Schlabach Richard and Schlabach Loranna Sue
Seller's Agent
Sandy Hatcher
Coldwell Banker Real Estate Group
Buyer's Agent
Savannah Beer
Patton Hall Real Estate
List Price
$103,000
Sold Price
$110,000
Premium/Discount to List
$7,000
6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$108,007
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2018
Closed on
Feb 1, 2019
Sold by
Bradley Kelly and Brown Kelly Lynn
Bought by
Shankster Randal J and Shankster Catherine A
Seller's Agent
Sandy Hatcher
Coldwell Banker Real Estate Group
Buyer's Agent
Sandy Hatcher
Coldwell Banker Real Estate Group
List Price
$85,500
Sold Price
$85,000
Premium/Discount to List
-$500
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$55,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 15, 2017
Sold by
Christopher
Bought by
Kelly
Seller's Agent
Scott Gingerich
The Gingerich Group
Buyer's Agent
Sandy Hatcher
Coldwell Banker Real Estate Group
List Price
$76,000
Sold Price
$76,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$76,767
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2000
Sold by
Culver J Bart
Bought by
Singrey Christopher G and Singrey Katheryn M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sanger Abigail L $150,000 Fidelity National Title
Schlabach Richard $110,000 Hardig Edward W
Shankster Randal J $85,000 North American Title Company
Kelly $76,000 --
Brown Kelly Lynn $76,000 Riverbend Title Co
Singrey Christopher G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanger Abigail L $9,000
Open Sanger Abigail L $145,500
Previous Owner Schlabach Richard $108,007
Previous Owner Shankster Randal J $55,000
Previous Owner Brown Kelly Lynn $76,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $150,000 +0.7% $207 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $149,000 +35.5% $206 / Sq Ft
03/07/2022 03/07/22 Sold $110,000 0.0% $152 / Sq Ft View Prior Sale
09/28/2021 09/28/21 Off Market $110,000 -- --
06/28/2021 06/28/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $103,000 +21.2% $142 / Sq Ft
02/01/2019 02/01/19 Sold $85,000 -0.6% $162 / Sq Ft View Prior Sale
11/19/2018 11/19/18 For Sale $85,500 +12.5% $163 / Sq Ft
08/15/2017 08/15/17 Sold $76,000 0.0% $145 / Sq Ft View Prior Sale
07/12/2017 07/12/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $76,000 -- $145 / 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 $308 $103,900 $15,400 $88,500
2023 $268 $96,600 $14,000 $82,600
2022 $237 $88,700 $14,000 $74,700
2021 $675 $76,100 $14,000 $62,100
2020 $617 $72,400 $12,400 $60,000
2019 $115 $56,100 $11,700 $44,400
2018 $106 $54,400 $11,700 $42,700
2017 $85 $33,100 $10,300 $22,800
2016 $273 $33,100 $10,300 $22,800
2014 $291 $32,500 $10,300 $22,200
2013 $291 $32,500 $10,300 $22,200
Source: Public Records

Agents Affiliated with this Home

  • Savannah Beer

    Seller's Agent in 2024

    Savannah Beer

    Patton Hall Real Estate

    (219) 682-8348

    115 Total Sales

    Savannah Beer
    Section Image
  • Austin Beer

    Seller Co-Listing Agent in 2024

    Austin Beer

    Patton Hall Real Estate

    (574) 227-5300

    36 Total Sales

    Austin Beer
    Section Image
  • Angie Racolta

    Buyer's Agent in 2024

    Angie Racolta

    Keller Williams Thrive North

    (317) 750-1600

    427 Total Sales

    Angie Racolta
    Section Image
  • Sandy Hatcher

    Seller's Agent in 2022

    Sandy Hatcher

    Coldwell Banker Real Estate Group

    (574) 268-3400

    52 Total Sales

    Sandy Hatcher
    Section Image
  • Scott Gingerich

    Seller's Agent in 2017

    Scott Gingerich

    The Gingerich Group

    (407) 575-0893

    198 Total Sales

    Scott Gingerich
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202410260

Indiana Regional MLS

APN: 43-04-26-100-565.000-025

Indiana Kosciusko County Syracuse 46567

8687 E Hatchery Rd, Syracuse, IN

This home is located at 8687 E Hatchery Rd, Syracuse, IN 46567 since 28 March 2024 and is currently estimated at $175,697, approximately $242 per square foot. This property was built in 1952. 8687 E Hatchery Rd is a home located in Kosciusko County with nearby schools including Wawasee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes