NOT LISTED FOR SALE

9041 E Hatchery Rd Syracuse, IN 46567

Estimated Value: $253,000 - $327,000

4 Beds
2 Baths
2,240 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $232,000 $104 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,626/month

19 Days on Market

Highlights

  • Access To Lake
  • 1 Fireplace
  • Community Fire Pit
  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Walk-In Pantry

About This Home

As of August 2024

Come see the historic home between the lakes! Originally built to be the governor of Indiana's summer home, it is perfectly situated between Lake Wawasee and Papakeechie. This home has so many unique and desirable qualities. With more than enough room to host inside and out, the large lot gives you space for all your outdoor fun, gardening, storage for water crafts, plenty of parking, you name it. The current owners have already added a number of fruit trees for the next owner to inherit, including: plum, apricot, cherry, and peach along with raspberry and blueberry bushes to enjoy. Inside, as would befit a governor, the home is stately and spacious. On the main level, you'll appreciate the formal dining room, an updated kitchen with walk in pantry, and large living room equipped with a fireplace as the centerpiece. Upstairs you will find all 4 bedrooms conveniently located, with full bathroom. In the basement you will find an area that has been used as a rec room for kids, and plenty of storage. Aside from the wonderfully functional and spacious layout of this home, the character and detail that you only find from this era has been preserved in the large trim, original woodwork, and Grecian columns. The home has new AC and high efficiency furnace, and new front door. Also noteworthy is the successful Airbnb track record this property has. To find this much home at this price point in such an incredible location is a rarity. Don't wait to see it!

Last Agent to Sell the Property

Savannah Beer

Patton Hall Real Estate Listed on: 06/26/2024

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

  • $1,129

Year Built

  • Built in 1930

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 285x93.4
  • Irregular Lot
  • Sloped Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-400-106.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,129

Year Built

Built in 1930

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 94
  • Style: Two Story
  • Architectural Style: Foursquare
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 7-98-161 PT W PT LOT 33 CORP PL OF PAPAKEECHIE SD 5 & PT STATE HATCHERY RESIDENCE NE 25-34-7 .35A
  • Parcel Number ID: 43-04-25-400-106.000-025
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling-9+, Firepit, Pantry-Walk In, Porch Covered, Formal Dining Room
  • Sp Lp Percent: 96.67
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3360
  • Total Finished Sq Ft: 2240
  • Above Grade Finished Sq Ft: 2240
  • Below Grade Sq Ft: 1120
  • Price Per Sq Ft: 103.57
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 27x15, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Dining Room: Dimensions: 17x15, On Level: Main
  • Bedroom 1: Dimensions: 13x15, On Level: Upper
  • Bedroom 2: Dimensions: 13x15, On Level: Upper
  • Bedroom 3: Dimensions: 11x14, On Level: Upper
  • Bedroom 4: Dimensions: 15x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1120

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Water Features: Walk to Lake Access
  • Water Name: Papakeechie Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx14, On Level: 25
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 80
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Irregular, Slope
  • Lot Dimensions: 285X93.4
  • Estimated Lot Sq Ft: 26609
  • Estimated Lot Size Acres: 0.61
  • Lot Number: 33

Tax Info

  • Annual Taxes: 1129
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 12, 2024
Sold by
Seitz Macallister C
Bought by
Terry Tanner and Hochstetler Selena
Seller's Agent
Savannah Beer
Patton Hall Real Estate
Buyer's Agent
Angie Racolta
Keller Williams Thrive North
List Price
$240,000
Sold Price
$232,000
Premium/Discount to List
-$8,000
-3.33%
Views
60
Current Estimated Value
$285,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,515
Avg. Annual Appreciation
19.23%
Original Mortgage
$195,800
Outstanding Balance
$193,580
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$91,935

Purchase Details

Listed on
Apr 3, 2022
Closed on
May 26, 2022
Sold by
Eastwood Heather L
Bought by
Seltz Macallister
Seller's Agent
Tina Miller
RE/MAX Results
Buyer's Agent
Savannah Beer
Patton Hall Real Estate
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$213,400
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 24, 2015
Sold by
Mack Inta Khamsourivong Kenna G
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 1, 2008
Sold by
Leksich Gregory J and Leksich Patricia A
Bought by
Khamsourivong Inta and Mack Kenna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,876
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2007
Sold by
Beer Harlan D
Bought by
Leksich Gregory J and Leksich Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
Homecoming Financial Network Inc
Bought by
Barchini Esau
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
Terry Tanner $232,000 Fidelity National Title
Seltz Macallister -- Metropolitan Title
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $205,126 None Available
Khamsourivong Inta $163,000 Landamerica Lawyers Title
Khamsourivong Inta -- None Available
Leksich Gregory J -- None Available
Barchini Esau -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Tanner $195,800
Previous Owner Seltz Macallister $213,400
Previous Owner Khamsourivong Inta $160,876
Previous Owner Leksich Gregory J $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $232,000 -3.3% $104 / Sq Ft
06/26/2024 06/26/24 For Sale $240,000 +9.1% $107 / Sq Ft
05/26/2022 05/26/22 Sold $220,000 -4.3% $98 / Sq Ft View Prior Sale
04/12/2022 04/12/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $229,900 +93.6% $103 / Sq Ft
12/01/2015 12/01/15 Sold $118,750 0.0% $53 / Sq Ft View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $118,750 -- $53 / 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 $1,243 $273,400 $109,300 $164,100
2023 $1,124 $251,500 $99,400 $152,100
2022 $1,161 $236,200 $99,400 $136,800
2021 $682 $158,600 $55,200 $103,400
2020 $567 $147,400 $48,800 $98,600
2019 $588 $139,300 $46,100 $93,200
2018 $534 $134,600 $46,100 $88,500
2017 $634 $149,200 $46,100 $103,100
2016 $553 $149,200 $46,100 $103,100
2014 $1,317 $150,100 $46,100 $104,000
2013 $1,317 $150,100 $46,100 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202423496

Indiana Regional MLS

APN: 43-04-25-400-106.000-025