NOT LISTED FOR SALE

8986 E Hatchery Rd Unit 5 Syracuse, IN 46567

Estimated Value: $466,000 - $650,000

3 Beds
1.5 Baths
1,530 Sq Ft
$348/mo HOA Fee

Last Sold October 10, 2019

Last sale price $266,000 $174 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,706/month

32 Days on Market

Highlights

  • Lake Front
  • Lake Property
  • 1 Fireplace
  • Pier or Dock
  • Vaulted Ceiling
  • Community Pool

About This Home

As of October 2019

One of the best ways today to be on Lake Wawasee…. purchase your own easy maintenance lake condo here in the Phase I Baypoint condos, which have the newly and nicely updated common grounds. No yard or pier maintenance to deal with. No exterior building maintenance costs or work as this is all covered in your association dues. Just close the door and go on home after your relaxing get away at the lake. But also, a wonderful way to live full time too should this be your spot for year-round living. This unit is very special being one of the few PENTHOUSE/top floor units with VAULTED ceilings, lots of windows displaying the huge, stunning northwestern views of Wawasee and bringing in much daylight even from one side being an END UNIT vs one of the middle units, with neighbors on both sides. Three bedrooms and 1 ½ bathrooms; a pier space out front; boat toy storage by the lake; more storage in the hallway by the unit and a 1 car garage.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 08/23/2019

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 08/23/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1969

Lot Details

  • Lake Front

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Carpet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-26-100-354.000-025

Community Details

Recreation

  • Pier or Dock
  • Waterfront Owned by Association
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,511

Year Built

Built in 1969

Lot Details

0

HOA Fees

$348 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1969
  • Age: 50
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 7-101-218.A3W BAY POINT A-3-W 26-34-7 5.724% FAMILY UNIT NO A-3-W
  • Parcel Number ID: 43-04-26-100-354.000-025
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Disposal
  • Cross Street: N Hiawatha Dr
  • Inside City Limits: Yes
  • Location: Lake
  • Sp Lp Percent: 91.76
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1530
  • Total Finished Sq Ft: 1530
  • Above Grade Finished Sq Ft: 1530
  • Price Per Sq Ft: 173.86
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Great Room: Dimensions: 23x24, On Level: Main
  • Kitchen: Dimensions: 7x7, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Shed, Dimensions: 5x6, 30
  • Pool: Association
  • Pool: Yes
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Assoc, Pier/Dock
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x12
  • Garage Sq Ft: 300
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: On Level: 0
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Association Fees: 348
  • Association Fees Frequency: Monthly
  • Common Amenities: Playground, Swimming Pool, Swing Set, Sidewalks

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 360x13
  • Estimated Lot Sq Ft: 4680
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 2511

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
Aug 23, 2019
Closed on
Oct 10, 2019
Sold by
Mckibben Mark D
Bought by
Queisser David Kelly
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$299,900
Sold Price
$266,000
Premium/Discount to List
-$33,900
-11.3%
Total Days on Market
32
Current Estimated Value
$564,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,179
Avg. Annual Appreciation
12.03%
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
Queisser David Kelly $266,000 Metropolitan Title Of In Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $266,000 -8.2% $174 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $289,900 -1.7% $189 / Sq Ft
09/09/2019 09/09/19 Price Changed $294,900 -1.7% $193 / Sq Ft
08/23/2019 08/23/19 For Sale $299,900 -- $196 / 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 $4,373 $485,700 $193,400 $292,300
2023 $3,498 $384,700 $176,100 $208,600
2022 $3,074 $335,900 $153,000 $182,900
2021 $2,804 $303,500 $129,900 $173,600
2020 $2,493 $294,500 $122,700 $171,800
2019 $2,742 $287,600 $122,700 $164,900
2018 $2,516 $276,500 $122,700 $153,800
2017 $2,518 $270,800 $118,300 $152,500
2016 $2,191 $270,300 $118,300 $152,000
2014 $2,366 $264,200 $118,300 $145,900
2013 $2,366 $261,200 $118,300 $142,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201936979

Indiana Regional MLS

APN: 43-04-26-100-354.000-025