NOT LISTED FOR SALE

9042 E Hatchery Rd Unit 1 Syracuse, IN 46567

Estimated Value: $993,902 - $1,109,000

4 Beds
3 Baths
2,824 Sq Ft
$693/mo HOA Fee

Last Sold July 25, 2024

Last sale price $950,600 $337 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,797/month

113 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Lake Property
  • Community Pool
  • Pier or Dock
  • Whirlpool Bathtub
  • Covered Patio or Porch

About This Home

As of July 2024

Indulge in lakeside luxury at Governor's Hill Condominiums, an exquisite unit nestled along Lake Wawasee, Indiana's largest natural lake. Lake Wawasee has been a summer escape since the 1800s, attracting residents from the vibrant cities of Chicago and Indianapolis. However, its allure transcends mere seasonal beauty, presenting an idyllic year-round sanctuary for those seeking tranquility and adventure. This ground-floor unit presents a modernized kitchen with solid maple cabinets and Corian countertops. The open-concept living area features a gas fireplace, creating an inviting and spacious ambiance. Four generously sized bedrooms and three baths ensure abundant space for family and guests. The lake-facing primary bedroom features a spa-like private bath. As you step onto the expansive covered porch, the lake and pool have breathtaking views. This outdoor living space is tailor-made for hosting gatherings with family and friends. The unit features a 1 car garage, a total of two parking spaces, two boat spaces and one jet ski space, including lifts, and a storage closet across the hall. This condo is turnkey, including a Bennington Tritoon and a jet ski.

Last Agent to Sell the Property

Jenny Layne

Encore Sotheby's International Realty Brokerage Phone: 574-529-3682 Listed on: 03/01/2024

Encore Sotheby's International Realty

Co-Listed By

Jim Layne

Encore Sotheby's International Realty Brokerage Phone: 574-529-3682

Last Buyer's Agent

Angie Racolta

Keller Williams Thrive North

Keller Williams Thrive North

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,964

Year Built

  • Built in 2003

Lot Details

  • 160 Feet of Waterfront
  • Lake Front
  • Sloped Lot

HOA Fees

  • $693 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Water Views
  • Gas And Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Garden Bath

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • 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
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-400-034.000-025

Community Details

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,964

Year Built

Built in 2003

Lot Details

0

HOA Fees

$693 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 21
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 7-98-171.1 UNIT 1 GOVERNORS HILL CONDO & 12.50% INT IN COMMON AREA
  • Parcel Number ID: 43-04-25-400-034.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Garden Tub, Jet Tub, Jet/Garden Tub, Near Walking Trail, Patio Open, Porch Covered, Twin Sink Vanity
  • Grid: 10 - Central Kosc.
  • Location: Lake
  • Sp Lp Percent: 79.22
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2824
  • Total Finished Sq Ft: 2824
  • Above Grade Finished Sq Ft: 2824
  • Price Per Sq Ft: 336.61
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Starter
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x19, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Breakfast Room: Dimensions: 11x7, On Level: Main
  • Dining Room: Dimensions: 18x21, On Level: Main
  • 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: 17x17, On Level: Main
  • Bedroom 2: Dimensions: 13x19, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Bedroom 4: Dimensions: 18x12, On Level: Main
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock, Assoc
  • Water Frontage: 160
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage Sq Ft: 288
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 7
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Association Fees: 2079
  • Association Fees Frequency: Quarterly

Schools

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

Lot Info

  • Lot Description: Slope, Waterfront, Lake, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 22 X 314
  • Estimated Lot Sq Ft: 6908
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 1

Tax Info

  • Annual Taxes: 8963.82

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
Mar 1, 2024
Closed on
Jul 23, 2024
Sold by
Fought David E
Bought by
Racolta Joseph and Racolta Angela
Seller's Agent
Jenny Layne
Encore Sotheby's International Realty
Buyer's Agent
Angie Racolta
Keller Williams Thrive North
List Price
$1,399,900
Sold Price
$950,600
Premium/Discount to List
-$449,300
-32.1%
Views
106
Current Estimated Value
$1,047,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,376
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Governors Hill Developmet Llc
Bought by
Fought David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,929
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Racolta Joseph $950,960 None Listed On Document
Fought David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fought David E $663,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $950,600 -20.8% $337 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $1,200,000 -14.3% $425 / Sq Ft
03/01/2024 03/01/24 For Sale $1,399,900 -- $496 / 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 $6,501 $1,131,000 $321,300 $809,700
2023 $8,870 $975,800 $292,600 $683,200
2022 $7,707 $845,000 $254,200 $590,800
2021 $7,453 $809,600 $215,800 $593,800
2020 $6,937 $823,600 $203,800 $619,800
2019 $7,635 $804,800 $203,800 $601,000
2018 $7,364 $813,200 $203,800 $609,400
2017 $7,497 $810,300 $193,000 $617,300
2016 $6,439 $798,400 $193,000 $605,400
2014 $7,023 $787,300 $193,000 $594,300
2013 $7,023 $783,300 $193,000 $590,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jenny Layne

    Encore Sotheby's International Realty

    (260) 854-1212

    19 Total Sales

    Jenny Layne
    Section Image
  • Jim Layne

    Seller Co-Listing Agent in 2024

    Jim Layne

    Encore Sotheby's International Realty

    (574) 529-1598

    16 Total Sales

    Jim Layne
    Section Image
  • Angie Racolta

    Buyer's Agent in 2024

    Angie Racolta

    Keller Williams Thrive North

    (317) 750-1600

    427 Total Sales

    Angie Racolta
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202406540

Indiana Regional MLS

APN: 43-04-25-400-034.000-025

Indiana Kosciusko County Syracuse 46567

9042 E Hatchery Rd Unit 1, Syracuse, IN

This home is located at 9042 E Hatchery Rd Unit 1, Syracuse, IN 46567 since 01 March 2024 and is currently estimated at $1,047,976, approximately $371 per square foot. This property was built in 2003. 9042 E Hatchery Rd Unit 1 is a home located in Kosciusko County with nearby schools including Wawasee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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