NOT LISTED FOR SALE

9042 E Hatchery Rd Unit 8 Syracuse, IN 46567

Estimated Value: $936,417 - $1,159,000

4 Beds
3 Baths
2,824 Sq Ft
$667/mo HOA Fee

Last Sold June 15, 2018

Last sale price $712,400 $252 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,993/month

30 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Boat Dock
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of June 2018

List price is the opening minimum bid for the auction, but market-value offers are encouraged before the auction. If property does not receive an accepted offer prior to the luxury auction, the auction will be held on-site on May 5, 2018 at 4pm. You're ready to trade in the sounds of traffic and the pace of city life for the sounds of boating and laughter. You're ready to trade your view of a suburban neighborhood for a view of the water that can be seen from your living space, dining room, kitchen, wet bar, and more. You're ready to have your morning coffee on a balcony overlooking the lake. You're ready to arrive at your vacation spot and not have to worry about spring cleanup or exterior maintenance. You're ready for a relaxing pool experience, convenient boat docks, and a massive master bath with Jacuzzi tub and tiled shower. You're ready for a change. Lake Wawasee is Indiana's largest natural lake and offers over 3500 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, as well as great places to go by boat to dine. Home Details: 2,824 square feet; four bedrooms; three full bath; modern finishes and paint; wood trim throughout; kitchen has solid-surface countertops, wood cabinets, and stainless steel appliances; open concept living space has fireplace and wet bar; master on main level has huge en suite with Jacuzzi tub and tiled shower; private balcony is accessed from master bedroom and living room; tankless water heater; two-car garage; shared water softener; maintenance free; two boat slips and two jet ski slips are included; condo association pool.

Last Agent to Sell the Property

Stuart Myers

Reecer Properties Inc. Listed on: 04/05/2018

Co-Listed By

Angie Racolta

Keller Williams Thrive North

Keller Williams Thrive North

Last Buyer's Agent

Angie Racolta

Keller Williams Thrive North

Keller Williams Thrive North

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,618

Year Built

  • Built in 2003

Lot Details

  • 160 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2,824 Sq Ft Home
  • Open Floorplan
  • Bar
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-400-047.000-025

Community Details

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,618

Year Built

Built in 2003

Lot Details

0

HOA Fees

$667 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 15
  • Style: Attached
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 007-098-171.8 UNIT 8 GOVERNORS HILL CONDO & 12.5% INT IN COMMON AREA |
  • Parcel Number ID: 43-04-25-400-047.000-025
  • Platted: Yes
  • Amenities: Balcony, Bar, Breakfast Bar, Countertops-Solid Surf, Jet/Garden Tub, Open Floor Plan, Pantry-Walk In, Tub/Shower Combination, Main Level Bedroom Suite
  • Location: Lake
  • Sp Lp Percent: 142.48
  • Special Features: None

Interior Features

  • Total Sq Ft: 2824
  • Total Finished Sq Ft: 2824
  • Above Grade Finished Sq Ft: 2824
  • Price Per Sq Ft: 252.27
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 34x10, On Level: Main
  • Kitchen: Dimensions: 23x12, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 15x12, On Level: Main
  • Number of Main Level Full Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • 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: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx6, On Level: 6
  • Water Type: Lake
  • Well Type: Shared

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 2000
  • Association Fees Frequency: Quarterly
  • Common Amenities: Dock, Swimming Pool

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 39x17
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 7618.32

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 15, 2018
Sold by
Wawahatch
Bought by
Joseph Fred
Seller's Agent
Stuart Myers
Reecer Properties Inc.
Buyer's Agent
Angie Racolta
Keller Williams Thrive North
List Price
$500,000
Sold Price
$712,400
Premium/Discount to List
$212,400
42.48%
Total Days on Market
30
Current Estimated Value
$1,030,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,704
Avg. Annual Appreciation
5.41%
Original Mortgage
$500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 30, 2016
Sold by
Tiedge Robert and Tiedge Donna M
Bought by
Wawahatch 8 Llc
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Kay Young
ERA Crossroads
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.89%
Original Mortgage
$580,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Joseph Fred $712,400 --
Gage Joseph F $712,400 Metropolitan Title
Wawahatch 8 Llc -- Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gage Joseph F $450,000
Closed Gage Joseph F $500,000
Previous Owner Wawahatch 8 Llc $300,000
Previous Owner Wawahatch 8 Llc $580,000
Previous Owner Tiedge Robert L $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $712,400 +42.5% $252 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $500,000 -31.0% $177 / Sq Ft
06/30/2016 06/30/16 Sold $725,000 -3.3% $257 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $749,900 -- $266 / 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 $10,310 $1,145,000 $321,300 $823,700
2023 $8,976 $987,500 $292,600 $694,900
2022 $7,801 $855,300 $254,200 $601,100
2021 $7,542 $819,200 $215,800 $603,400
2020 $7,047 $833,700 $203,800 $629,900
2019 $7,756 $814,500 $203,800 $610,700
2018 $7,480 $823,000 $203,800 $619,200
2017 $7,618 $820,400 $193,000 $627,400
2016 $6,543 $808,300 $193,000 $615,300
2014 $7,129 $796,100 $193,000 $603,100
2013 $7,129 $792,200 $193,000 $599,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201812852

Indiana Regional MLS

APN: 43-04-25-400-047.000-025