NOT LISTED FOR SALE

9371 E Promontory Point Dr Syracuse, IN 46567

Estimated Value: $183,000 - $251,000

3 Beds
1 Bath
688 Sq Ft
$305/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $160,000 $233 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,221/month

7 Days on Market

Highlights

  • 51 Feet of Waterfront
  • Lake Property
  • Wood Flooring
  • Pier or Dock
  • Partially Wooded Lot
  • Forced Air Heating System

About This Home

As of April 2023

Vintage fishing cottage on the beautiful Lake Papakeechie (Wawasee adjacent). Perched high upon the peninsula with a gorgeous view and 50 feet of lakefront. If you want to ski, just rent a boat slip on Wawasee just down the road! Enter this cottage on the lower level, into a nice sized living room with four windows overlooking the lake. The kitchen is large enough for more than one cook with appliances staying. Three bedrooms are located upstairs (one is a pass through to the other two) and is currently set for sleeping 7, so bring your family and friends this summer. Outside, are two wooden decks, one is extra large and has the best view to enjoy the peaceful scenery. Part of the way down the wooden stairs is a fire pit, and further down is an 8x12 shed to store all of those fishing and swimming items with easy access to the water. A pier and simple fishing boat stay with the property. Lake Papakeechie is a no-ski, non-motorized craft, beautiful fishing lake. Selling with all furnishings. Bedrooms do not have closets except for one very small one. Living Room space holds a dining table and chairs. Great Place to Get-A-Way and Enjoy the Lake. Accepting offer thru 3/15/23. Septic tank was pumped in 2021 by Strombeck, N. Webster. 100 Amp electrical panel with copper wiring. Visible water lines are copper, water lines are PVC. 100,000 BTU American Standard Natural Gas furnace.

Last Agent to Sell the Property

Jane Yoder

RE/MAX Results Listed on: 03/10/2023

RE/MAX Results

Co-Listed By

Jennifer Jenson

RE/MAX Results

Last Buyer's Agent

Jane Yoder

RE/MAX Results Listed on: 03/10/2023

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1945

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50'x132'x89'x151'
  • 51 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Cabin
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 688 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-300-329.000-025

Community Details

Overview

  • Lake Papakeechie Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

Built in 1945

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1945
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 7-99-31, LOT 30 PAPAKEECHIE SD 1 INTHE CORP REPLAT OF LOTS 22 TO 41 INCLUSIVE EXCEPTING LOT 35
  • Parcel Number ID: 43-04-25-300-329.000-025
  • Platted: Yes
  • Amenities: Antenna, Countertops-Laminate, Deck Open, Stand Up Shower
  • Location: Lake
  • County Zoning: Unknown
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 688
  • Total Finished Sq Ft: 688
  • Above Grade Finished Sq Ft: 688
  • Basement Foundation: Slab
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Upper
  • Bedroom 2: Dimensions: 11x8, On Level: Upper
  • Bedroom 3: Dimensions: 10x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x8
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 51
  • Water Name: Papakeechie Lake

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 190
  • Association Fees Frequency: Annually

Schools

  • Elementary School: North Webster

Lot Info

  • Lot Description: Partially Wooded, Slope, Waterfront, Lake, Water View
  • Lot Dimensions: 50'x132'x89'x151'
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21
  • Lot Number: 30

Tax Info

  • Annual Taxes: 1017.8

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 10, 2023
Closed on
Apr 12, 2023
Sold by
Altenburg Rex H
Bought by
Varga Jozsef R and Varga Annemarie R
Seller's Agent
Jane Yoder
RE/MAX Results
Buyer's Agent
Jane Yoder
RE/MAX Results
List Price
$130,000
Sold Price
$160,000
Premium/Discount to List
$30,000
23.08%
Views
130
Current Estimated Value
$209,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,844
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Nov 16, 2000
Sold by
Brattain Donald W and Brattain Paul M
Bought by
Altenburg Rex H and Altenburg Nancy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Varga Jozsef R -- Fidelity National Title
Altenburg Rex H $77,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $160,000 +23.1% $233 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $130,000 -- $189 / 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 $1,296 $146,900 $75,200 $71,700
2023 $1,158 $128,800 $72,400 $56,400
2022 $1,018 $111,200 $61,300 $49,900
2021 $822 $89,000 $44,500 $44,500
2020 $685 $80,500 $37,600 $42,900
2019 $751 $78,400 $37,600 $40,800
2018 $698 $76,300 $37,600 $38,700
2017 $699 $74,800 $37,600 $37,200
2016 $599 $73,400 $37,600 $35,800
2014 $626 $69,900 $37,600 $32,300
2013 $626 $69,600 $37,600 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202306970

Indiana Regional MLS

APN: 43-04-25-300-329.000-025