NOT LISTED FOR SALE

8842 S Merry Estates Dr Silver Lake, IN 46982

Estimated Value: $295,000 - $312,000

3 Beds
2.5 Baths
2,864 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $250,000 $87 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,770/month

2 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Pier or Dock
  • Primary Bedroom Suite
  • Edgewood Middle School Rated A
  • Access To Lake
  • Open Floorplan

About This Home

As of October 2021

Completely updated from top to bottom! This adorable ranch home screams curb appeal! Nestled on 3/4 acres, it also includes a boat lot on Hill Lake. This gem's main floor features an expansive living room with hardwood flooring and gas fireplace, an open concept kitchen/dining area with a kitchen island. The primary bedroom ensuite hosts a walk through with new vanity. Two large bedrooms and an updated 2nd bath complete this level. The lower level contains wood burning fireplace, new flooring, laundry, and 1/2 bath. There is a walk out 2.5 car garage. Recent updates include: New roof in 2013, well pump bladder 2019, septic. An additional one car detached garage adds extra storage. Play set is included in the sale. Located a few minutes south of Warsaw, this home is near schools, shopping and dining.

Last Agent to Sell the Property

Julie Hall

Patton Hall Real Estate Listed on: 09/08/2021

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate Listed on: 09/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1972

Lot Details

  • 0.75 Acre Lot
  • 20 Feet of Waterfront
  • Home fronts a canal
  • Backs to Open Ground
  • Property has an invisible fence for dogs
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Outdoor Features

  • Access To Lake
  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

  • Claypool Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-15-30-200-320.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1972
  • Age: 49
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 001-120-004 TRW 1/2 SE 1/4 30-31-6 .75
  • Parcel Number ID: 43-15-30-200-320.000-001
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Kitchen Island, Landscaped, Open Floor Plan, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Washer Hook-Up
  • Grid: 30 - S.W. Kosc.
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 102.04
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3734
  • Total Finished Sq Ft: 2864
  • Above Grade Finished Sq Ft: 1867
  • Below Grade Finished Sq Ft: 997
  • Above Grade Unfinished Sq Ft: 870
  • Price Per Sq Ft: 133.9
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 25x15, On Level: Main
  • Kitchen: Dimensions: 15x16, On Level: Main
  • Dining Room: Dimensions: 10x16, On Level: Main
  • Family Room: Dimensions: 26x29, On Level: Lower
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Main Level Sq Ft: 1867
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 997

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 28x14
  • Channel Canal Frontage: 20
  • Fence: Invisible
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock Available, Walk to Lake Access
  • Water Frontage: 20
  • Water Name: Hill Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x29
  • Garage Sq Ft: 928
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Lowerx8, On Level: 5
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Claypool
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Claypool

Lot Info

  • Lot Description: Slope, 0-2.9999
  • Lot Dimensions: irreg
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75

Tax Info

  • Annual Taxes: 839.08
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 11, 2021
Sold by
Mcintire Kenneth B and Mcintire Chelsea S
Bought by
Mcilwain Emily
Seller's Agent
Julie Hall
Patton Hall Real Estate
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$301,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,569
Avg. Annual Appreciation
4.43%
Original Mortgage
$252,525
Outstanding Balance
$231,276
Interest Rate
2.8%
Mortgage Type
USDA
Estimated Equity
$64,461

Purchase Details

Listed on
Jun 9, 2014
Closed on
Dec 23, 2015
Sold by
Swihart David
Bought by
Mcintire Kenneth S and Mcintire Chelsea S
Seller's Agent
Norm Weirick
RE/MAX Results- Warsaw
Buyer's Agent
Kimberly Clark
Coldwell Banker Real Estate Group
List Price
$154,900
Sold Price
$138,900
Premium/Discount to List
-$16,000
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Mar 17, 2006
Sold by
Swihart David
Bought by
Swihart David and Swihart Cassie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,025
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2000
Sold by
Gene Jones Franklin and Lou Betty
Bought by
Ousley Roger and Ousley D

Purchase Details

Closed on
Jun 19, 1998
Sold by
Jones Franklin G
Bought by
Ousley Roger
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mcilwain Emily $250,000 First American Mortgage Sln
Mcintire Kenneth S $136,400 --
Swihart David -- None Available
Ousley Roger -- --
Ousley Roger $121,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcilwain Emily $252,525
Previous Owner Mcintire Kenneth B $3,714
Previous Owner Swihart David $137,000
Previous Owner Swihart David $157,832
Previous Owner Swihart David $13,269
Previous Owner Swihart David $137,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $250,000 +2.0% $87 / Sq Ft
09/08/2021 09/08/21 For Sale $245,000 +76.4% $86 / Sq Ft
12/23/2015 12/23/15 Sold $138,900 -10.3% $74 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
06/09/2014 06/09/14 For Sale $154,900 -- $83 / 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 $1,673 $264,800 $18,800 $246,000
2023 $1,459 $240,600 $18,800 $221,800
2022 $1,385 $217,900 $18,800 $199,100
2021 $974 $167,700 $18,800 $148,900
2020 $839 $154,700 $16,900 $137,800
2019 $828 $148,500 $16,900 $131,600
2018 $770 $141,800 $16,900 $124,900
2017 $768 $146,900 $16,900 $130,000
2016 $798 $144,600 $16,900 $127,700
2014 $747 $145,600 $16,900 $128,700
2013 $747 $145,600 $16,900 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202137703

Indiana Regional MLS

APN: 43-15-30-200-320.000-001