NOT LISTED FOR SALE

9042 E Hatchery Rd Unit 3 Syracuse, IN 46567

Estimated Value: $530,000 - $731,000

3 Beds
2 Baths
1,430 Sq Ft
$347/mo HOA Fee

Last Sold November 03, 2017

Last sale price $340,000 $238 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,411/month

149 Days on Market

Highlights

  • 165 Feet of Waterfront
  • In Ground Pool
  • Solid Surface Countertops
  • Pier or Dock
  • Lake Property
  • Covered patio or porch

About This Home

As of November 2017

Governor’s Hill Condominiums are located on the east side of Lake Wawasee. Whether you are here to stay year-round, or just as a summer retreat, this condo on the beautiful waters of Lake Wawasee, is the perfect place to call home. Lake Wawasee has a long-standing history of being a summer vacation area since the 1800’s, drawing residents from all over the tri-state area, with many from Chicago and Indianapolis. While many homes around the lake are intended primarily for summer use, the lake is certainly a place to enjoy in all the seasons as well on a permanent basis. Lake Wawasee offers over 3500 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, and many more activities. As you enter this condo, you will immediately notice the updated kitchen and the open concept living area which opens to a sizable covered porch that overlooks the lake and pool. This is the perfect space for outdoor entertaining. With three bedrooms and two baths, it provides plenty of space for your family and guests. The entire home features updated flooring and paint. This unit includes a one-car garage. This complex is also pet friendly! Make the choice today to live the lake life and let this condo become your new lakefront home or home-away-from-home!

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 05/24/2017

Last Buyer's Agent

Leslie Ferguson

Regan & Ferguson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 2003

Lot Details

  • 165 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Irrigation

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,430 Sq Ft Home
  • 1.5-Story Property
  • Water Views

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

Outdoor Features

  • In Ground Pool
  • 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
  • Heating System Uses Gas
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-400-002.000-025

Community Details

Recreation

  • Pier or Dock
  • Community Pool

Additional Features

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,675

Year Built

Built in 2003

Lot Details

0

HOA Fees

$347 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 14
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 7-98-171.3 UNIT 3 GOVERNORS HILL CONDO & 6.25% INT IN COMMON AREA |
  • Parcel Number ID: 43-04-25-400-002.000-025
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Countertops-Solid Surf, Disposal, Dryer Hook Up Electric, Fire Sprinkler System, Garage Door Opener, Irrigation System, Landscaped, Patio Covered, Twin Sink Vanity, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Sp Lp Percent: 94.47
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1430
  • Total Finished Sq Ft: 1430
  • Above Grade Finished Sq Ft: 1430
  • Price Per Sq Ft: 237.76
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 20x18, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 13x11, 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: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 165
  • Water Name: Lake Wawasee

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage Sq Ft: 288
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees: 1040
  • Association Fees Frequency: Quarterly
  • Common Amenities: Swimming Pool

Schools

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

Lot Info

  • Lot Description: Waterfront, Lake, Water View
  • Lot Dimensions: Common

Tax Info

  • Annual Taxes: 3675

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
May 24, 2017
Closed on
Nov 3, 2017
Sold by
Troxel Jason and Troxel Mandy
Bought by
Rcm Family Investments Llc
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Leslie Ferguson
Regan & Ferguson Group
List Price
$369,900
Sold Price
$340,000
Premium/Discount to List
-$29,900
-8.08%
Total Days on Market
149
Current Estimated Value
$642,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,861
Avg. Annual Appreciation
7.92%
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
Rcm Family Investments Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $340,000 -8.1% $238 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $369,900 -- $259 / 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 $5,681 $630,900 $160,700 $470,200
2023 $4,934 $542,700 $146,300 $396,400
2022 $4,303 $470,100 $127,100 $343,000
2021 $4,206 $455,200 $107,900 $347,300
2020 $3,929 $464,500 $101,900 $362,600
2019 $4,318 $453,200 $101,900 $351,300
2018 $4,167 $458,200 $101,900 $356,300
2017 $4,261 $458,600 $96,500 $362,100
2016 $3,657 $451,500 $96,500 $355,000
2014 $3,966 $442,900 $96,500 $346,400
2013 $3,966 $440,600 $96,500 $344,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201723501

Indiana Regional MLS

APN: 43-04-25-400-002.000-025