NOT LISTED FOR SALE

8710 E Hatchery Rd Syracuse, IN 46567

Estimated Value: $1,338,805 - $1,676,000

7 Beds
4 Baths
3,682 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $889,000 $241 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,008/month

80 Days on Market

Highlights

  • 79 Feet of Waterfront
  • Open Floorplan
  • Backs to Open Ground
  • Pier or Dock
  • Lake Property
  • Cathedral Ceiling

About This Home

As of November 2017

This gorgeous lakefront home with 79' of Lake Wawasee frontage, provides seven bedrooms, four baths, a beautiful stone fireplace, and many desirable updates. Lake Wawasee, Indiana's largest natural lake, has over 3500 acres of water and 25 miles of shoreline, and plenty of opportunities for fun! From the fresh spring blooms, through the summer lake activities, the unbelievable colors of fall, and the crystal iced waters of winter, you will be reminded over and over how life on the lake is truly a unique experience and worthwhile investment. This open concept, 3682 sq. ft. home is a great gathering place for family and friends. It's prime location, on the south side of Lake Wawasee, has one of the most amazing views of the lake, which can be enjoyed from the large deck across the front, as well as from the patio from the lower level. There is plenty of beautifully landscaped yard for the kids to play. The kitchen has brand new stainless steel appliances, and by the way, the lower level has an additional kitchenette. The newer HVAC has dual controls, there are two gas hot water heaters, an irrigation system, invisible dog fence, and a newly painted deck and pier. With the lower level above the flood plain, there has never been a need for a sump pump. The roof should have about 50% life remaining. Furnishings are negotiable. This home has so many additional features, you will have to see it for yourself. What a great home with plenty of space, a great neighborhood, and loads of custom, up-to-date features for you and your family to enjoy for years to come.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 07/15/2017

Last Buyer's Agent

Harlan Steffen

Steffen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 79x196x77x217
  • 79 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Sloped Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

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 43-04-26-100-397.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,152

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1987
  • Age: 30
  • Style: One Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 7-101-179 PT NE SW NE 26-34-7 .41A PER CALC
  • Parcel Number ID: 43-04-26-100-397.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Breakfast Bar, Cable Available, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Electric, Garage Door Opener, Irrigation System, Landscaped, Open Floor Plan, Patio Covered, Range/Oven Hook Up Gas, Main Floor Laundry, Washer Hook-Up
  • Cross Street: N 850 E
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Number Below Grade Bedrooms: 2
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 94.58
  • Special Features: None

Interior Features

  • Total Sq Ft: 3764
  • Total Finished Sq Ft: 3682
  • Above Grade Finished Sq Ft: 1882
  • Below Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 82
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 18x24, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 18x28, On Level: Lower
  • Extra Room: Dimensions: 13x16, On Level: Lower
  • Bedroom 1: Dimensions: 12x18, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 10x12, On Level: Lower
  • Bedroom 5: Dimensions: 12x12, On Level: Lower
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1882

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 5x5, 25
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 79
  • Water Name: Lake Wawasee

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Optional

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Slope, Waterfront, Lake
  • Lot Dimensions: 79x196x77x217
  • Estimated Lot Sq Ft: 12990
  • Estimated Lot Size Acres: 0.2982
  • Zoning: A Single Family Residential

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 6152

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Nov 1, 2017
Sold by
Parish Richard W and Parish Merrie K
Bought by
Mark Julie Phillips
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Harlan Steffen
Steffen Realty
List Price
$949,900
Sold Price
$889,000
Premium/Discount to List
-$60,900
-6.41%
Current Estimated Value
$1,497,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,935
Avg. Annual Appreciation
6.57%
Original Mortgage
$889,000
Outstanding Balance
$750,671
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$694,461
Source: Public Records

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Range of Values:

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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
Mark Julie Phillips -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark Julie Phillips $889,000
Previous Owner Schenkel William Kent $200,000
Previous Owner Schenkel William Kent $132,000
Previous Owner Schenkel William Kent $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $889,000 -6.4% $241 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $949,900 +15.1% $258 / Sq Ft
05/29/2015 05/29/15 Sold $825,000 0.0% $224 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $825,000 -- $224 / 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 $7,676 $1,294,200 $957,500 $336,700
2023 $6,758 $1,188,800 $871,700 $317,100
2022 $6,217 $1,034,400 $758,000 $276,400
2021 $5,006 $851,200 $638,300 $212,900
2020 $4,182 $788,100 $598,400 $189,700
2019 $4,710 $788,100 $598,400 $189,700
2018 $4,524 $788,100 $598,400 $189,700
2017 $7,062 $760,500 $574,500 $186,000
2016 $6,157 $760,500 $574,500 $186,000
2014 $5,306 $595,500 $465,600 $129,900
2013 $5,306 $581,300 $458,600 $122,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201738384

Indiana Regional MLS

APN: 43-04-26-100-397.000-025