NOT LISTED FOR SALE

8716 E Koher Rd S Syracuse, IN 46567

Estimated Value: $405,000 - $450,000

3 Beds
1 Bath
1,310 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $390,000 $298 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,478/month

4 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Partially Wooded Lot
  • 1-Story Property
  • Lake, Pond or Stream
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

This beautifully situated property is located on a private lake with extraordinary views. The property offers a composite dock and is surrounded by nature. The lake offers fishing, kayaking, paddle boarding, and many other non-motorized water activities. You can enjoy the summer months on the water or the winter months snuggled up by the fireplace. The oversized garage offers plenty of storage for all your lake toys or workshop. Don't miss your opportunity for this private paradise awaiting you and your family.

Last Agent to Sell the Property

Eric Hamman

Century 21 Bradley Realty Inc. Brokerage Phone: 574-606-7402 Listed on: 06/20/2024

Century 21 Bradley Realty Inc.

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 130 x 300
  • 130 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Lake Papakeechie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-04-26-200-594.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,555

Year Built

Built in 1955

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1955
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 007-104-012 LOT 10 & PT LOT 9 & 5' NE COR LOT 8 PAPAKEECHIE SD NO 9
  • Parcel Number ID: 43-04-26-200-594.000-025
  • Platted: Yes
  • Grid: 10 - Central Kosc.
  • Improvmnts In Last5 Yrs: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1310
  • Total Finished Sq Ft: 1310
  • Above Grade Finished Sq Ft: 1310
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x11, On Level: Main
  • Kitchen: Dimensions: 7x6, On Level: Main
  • Dining Room: Dimensions: 9x8, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 11x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 10x8, 80
  • Lake Type: Non Ski Lake
  • Water Frontage: 130
  • Water Name: Papakeechie Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 285
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Syracuse

Lot Info

  • Lot Description: Partially Wooded, Slope, Waterfront
  • Lot Dimensions: 130 X 300
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 3554.94

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
Jun 20, 2024
Closed on
Jul 19, 2024
Sold by
Schmalbach Mark R and Schmalbach Janice E
Bought by
Groff Tad S and Groff Diane
Seller's Agent
Eric Hamman
Century 21 Bradley Realty Inc.
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$405,000
Sold Price
$390,000
Premium/Discount to List
-$15,000
-3.7%
Views
7
Current Estimated Value
$440,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,565
Avg. Annual Appreciation
5.13%
Original Mortgage
$312,000
Outstanding Balance
$308,273
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$112,327

Purchase Details

Listed on
Nov 4, 2021
Closed on
Nov 29, 2021
Sold by
Funk David L and Funk Rachel K
Bought by
Schmalbach Mark R and Schmalbach Janice E
Seller's Agent
Joel Buzzard
Hoosier Real Estate Group
Buyer's Agent
Eric Hamman
Century 21 Bradley Realty Inc.
List Price
$339,900
Sold Price
$355,000
Premium/Discount to List
$15,100
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 27, 2018
Sold by
Mckinley Shawn A
Bought by
Funk David L and Funk Rachel K
Seller's Agent
Kay Young
ERA Crossroads
Buyer's Agent
Kendra Gabet
Coldwell Banker Real Estate Gr
List Price
$237,900
Sold Price
$237,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Mckinley Shawn A
Bought by
Mckinley Shawn A

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 29, 2016
Sold by
Lough James E
Bought by
Mckinley Shawn A
Seller's Agent
Kay Young
ERA Crossroads
Buyer's Agent
Kay Young
ERA Crossroads
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$116,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Groff Tad S -- Near North Title
Schmalbach Mark R $355,000 None Available
Funk David L -- None Available
Mckinley Shawn A -- None Available
Mckinley Shawn A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groff Tad S $312,000
Previous Owner Mckinley Shawn A $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2024 07/22/24 Sold $390,000 -3.7% $298 / Sq Ft
06/20/2024 06/20/24 For Sale $405,000 +14.1% $309 / Sq Ft
11/29/2021 11/29/21 Sold $355,000 +4.4% $271 / Sq Ft View Prior Sale
11/07/2021 11/07/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $339,900 +42.9% $259 / Sq Ft
08/27/2018 08/27/18 Sold $237,900 0.0% $182 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $237,900 +64.1% $182 / Sq Ft
09/29/2016 09/29/16 Sold $145,000 -2.7% $139 / Sq Ft View Prior Sale
09/22/2016 09/22/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $149,000 -- $142 / 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 $1,990 $408,900 $173,900 $235,000
2023 $3,555 $395,300 $167,400 $227,900
2022 $3,161 $345,400 $141,600 $203,800
2021 $1,672 $180,900 $97,700 $83,200
2020 $1,370 $161,600 $81,600 $80,000
2019 $1,506 $157,700 $81,600 $76,100
2018 $398 $154,000 $81,600 $72,400
2017 $351 $144,800 $81,600 $63,200
2016 $236 $112,200 $51,400 $60,800
2014 $253 $107,200 $51,100 $56,100
2013 $253 $105,200 $49,600 $55,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202422678

Indiana Regional MLS

APN: 43-04-26-200-594.000-025