9042 E Hatchery Rd Unit 1 Syracuse, IN 46567
4
Beds
3
Baths
2,824
Sq Ft
$693/mo
HOA Fee
Highlights
- 160 Feet of Waterfront
- Lake Property
- Community Pool
- Pier or Dock
- Whirlpool Bathtub
- Covered patio or porch
About This Home
As of July 2024Indulge 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
Encore Sotheby's International Realty Brokerage Phone: 574-529-3682 Listed on: 03/01/2024
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
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%
Total Days on Market
113
Views
106
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,488
Avg. Annual Appreciation
2.75%
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
Similar Home in Syracuse, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,960 | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,200 | Credit Line Revolving | |
| Previous Owner | $663,929 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $44,262 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $6,603 | $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
-
Jenny Layne
J
Seller's Agent in 2024
Jenny Layne
Encore Sotheby's International Realty
(260) 434-5750
17 Total Sales
-
Jim Layne
Seller Co-Listing Agent in 2024
Jim Layne
Encore Sotheby's International Realty
(574) 529-1598
14 Total Sales
-
Angie Racolta
Buyer's Agent in 2024
Angie Racolta
Keller Williams Thrive North
(317) 750-1600
394 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202406540
APN: 43-04-25-400-034.000-025
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