NOT LISTED FOR SALE

9430 E Promontory Point Dr Syracuse, IN 46567

Estimated Value: $370,000 - $509,000

2 Beds
1 Bath
1,012 Sq Ft
$428/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $168,000 $166 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,686/month

98 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Open Floorplan
  • Partially Wooded Lot
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of September 2015

An adorable 2 BR, 1 BA lakefront home is waiting for you on beautiful Lake Papakeechie. Many updates have been done including new siding, roof is only 6 yrs old, beautiful hardwood flooring, IKEA custom kitchen cabinets and ceramic backsplash, new tub/shower enclosure, 200 amp service, and extra insulation has been blown into attic and home. Stackable washer/dryer is conveniently located off kitchen. Stunning view of the lake from the sunroom and living area. Two decks/patio with retractable awning for your lake relaxation. All appliances stay including water softener. Lake frontage on this property is all seawalled with 20' pier for your pleasure. Lake Papakeechie is a 178 acre private non-motor lake with no public access. This home is move in ready with furnishings inside all negotiable.

Last Agent to Sell the Property

Joni Hire

Coldwell Banker Real Estate Group Listed on: 05/13/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Joni Hire

Coldwell Banker Real Estate Group Listed on: 05/13/2015

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1947

Lot Details

  • 0.51 Acre Lot
  • 88 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Michigan Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-04-25-300-308.000-025

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,055

Year Built

Built in 1947

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1947
  • Age: 68
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 007-099-008 Lot 8 Papakeechie Corp SD 1 and 007-099-010 E 1/2 Lot 9 Papakeechie Corp SD 1 Replat
  • Parcel Number ID: 43-04-25-300-308.000-025
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Disposal, Firepit, Open Floor Plan, Patio Open, Tub/Shower Combination, Main Floor Laundry, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Sp Lp Percent: 93.39
  • Special Features: None

Interior Features

  • Total Sq Ft: 1192
  • Total Finished Sq Ft: 1012
  • Above Grade Finished Sq Ft: 1012
  • Below Grade Sq Ft: 180
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Michigan Basement, Unfinished, Outside Entrance
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 14x20, On Level: Main
  • Kitchen: Dimensions: 9x10, On Level: Main
  • Extra Room: Sun Room, Dimensions: 9x19, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x18, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 180

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x10
  • Lake Type: Non Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 88
  • Water Name: Papakeechie Lake

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 220
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Slope, Waterfront, Lake, Waterfront-Medium Bank
  • Lot Dimensions: 58x248, 30x257
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51

Tax Info

  • Annual Taxes: 1055

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Sep 21, 2015
Sold by
Gobles Marvin E and Gobles Barbara J
Bought by
Olson Gregory and Kratzer Katrerine A
Seller's Agent
Joni Hire
Coldwell Banker Real Estate Group
Buyer's Agent
Joni Hire
Coldwell Banker Real Estate Group
List Price
$179,900
Sold Price
$168,000
Premium/Discount to List
-$11,900
-6.61%
Current Estimated Value
$432,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,929
Avg. Annual Appreciation
9.92%
Original Mortgage
$134,400
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2000
Sold by
Eikenberry Delbert E and Eikenberry Marsha J
Bought by
Homeside Lending Inc
Source: Public Records

Range of Values:

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Average Value
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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
Olson Gregory -- Attorney
Homeside Lending Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Gregory V $100,000
Closed Olson Gregory $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2015 09/21/15 Sold $168,000 -6.6% $166 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $179,900 -- $178 / 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 $3,759 $426,000 $118,300 $307,700
2023 $2,169 $241,200 $113,800 $127,400
2022 $1,499 $163,800 $67,000 $96,800
2021 $1,125 $121,700 $48,700 $73,000
2020 $965 $113,600 $41,100 $72,500
2019 $1,049 $109,700 $41,100 $68,600
2018 $971 $106,300 $41,100 $65,200
2017 $961 $103,000 $41,100 $61,900
2016 $819 $100,600 $41,100 $59,500
2014 $888 $99,200 $41,100 $58,100
2013 $888 $98,800 $41,100 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201521847

Indiana Regional MLS

APN: 43-04-25-300-308.000-025