NOT LISTED FOR SALE

9310 E Promontory Point Dr Syracuse, IN 46567

Estimated Value: $295,650 - $371,000

2 Beds
1.5 Baths
1,236 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $235,750 $191 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,062/month

31 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Lake Property
  • Wood Flooring
  • Pier or Dock
  • Vaulted Ceiling
  • Solid Surface Countertops

About This Home

As of June 2020

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Saturday, May 23, 2020. Auction begins at 11 a.m. (Real estate to sell at 11:00 a.m.). This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. Charming 2 Bedroom 2 Bathroom Cottage on Lake Papakeechie Personal Property Contents Sells With Real Estate • Newer Renovations • Wood Patio • Wood Dock • Shed • & More

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 04/22/2020

Last Buyer's Agent

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 04/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1932

Lot Details

  • 5,249 Sq Ft Lot
  • Lot Dimensions are 43 x 105
  • 65 Feet of Waterfront
  • Lake Front
  • Landscaped

Home Design

  • Cabin
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • 2.5-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Solid Surface Countertops
  • Utility Sink

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Enclosed patio or porch

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-300-346.000-025

Community Details

Overview

  • Lake Papakeechie Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1932
  • Age: 88
  • Style: Two and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 7-99-23 LOT 22 B & N 20' OF LOT 22 C PAPAKEECHIE CORP SD 1
  • Parcel Number ID: 43-04-25-300-346.000-025
  • Platted: Yes
  • Amenities: Breakfast Bar, Built-In Bookcase, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Landscaped, Porch Enclosed, Range/Oven Hook Up Gas, Twin Sink Vanity, Utility Sink, Stand Up Shower, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Total Sq Ft: 1236
  • Total Finished Sq Ft: 1236
  • Above Grade Finished Sq Ft: 1236
  • Price Per Sq Ft: 190.74
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Starter
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 10x11, On Level: Main
  • Kitchen: Dimensions: 9x10, On Level: Main
  • Dining Room: Dimensions: 11x22, On Level: Main
  • Extra Room: Enclosed Back Porch, Dimensions: 9x22, On Level: Main
  • Bedroom 1: Dimensions: 10x17, On Level: Upper
  • Bedroom 2: Dimensions: 10x19, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 8x10
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 65
  • Water Name: Papakeechie Lake

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 43 x 105
  • Estimated Lot Sq Ft: 5249
  • Estimated Lot Size Acres: 0.1205

Tax Info

  • Annual Taxes: 1054

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
Apr 22, 2020
Closed on
Jun 24, 2020
Sold by
Cangemi Mark A
Bought by
Connell Daniel J
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$116,000
Sold Price
$235,750
Premium/Discount to List
$119,750
103.23%
Current Estimated Value
$342,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,820
Avg. Annual Appreciation
5.58%
Original Mortgage
$207,000
Outstanding Balance
$187,095
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$123,983

Purchase Details

Closed on
Mar 22, 2019
Sold by
Cangemi Mark A
Bought by
Cangemi Patricia R

Purchase Details

Closed on
May 3, 2013
Sold by
Rourke Ann L O
Bought by
Cangemi Mark A

Purchase Details

Closed on
Jun 4, 2001
Sold by
Caley David L and Caley Jean E
Bought by
Rourke James M O and Rourke Ann L
Source: Public Records

Range of Values:

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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
Connell Daniel J $230,000 Metropolitan Title Of In Llc
Rourke James M O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Daniel J $45,000
Open Connell Daniel J $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $235,750 +103.2% $191 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $116,000 -- $94 / 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 $2,042 $231,400 $59,800 $171,600
2023 $1,998 $222,200 $57,400 $164,800
2022 $1,747 $193,900 $48,000 $145,900
2021 $1,148 $127,200 $31,800 $95,400
2020 $1,068 $125,900 $26,800 $99,100
2019 $1,153 $120,600 $26,800 $93,800
2018 $1,059 $116,000 $26,800 $89,200
2017 $1,033 $110,800 $25,300 $85,500
2016 $873 $107,300 $25,300 $82,000
2014 $941 $105,100 $25,300 $79,800
2013 $941 $104,500 $25,300 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202014012

Indiana Regional MLS

APN: 43-04-25-300-346.000-025