NOT LISTED FOR SALE

9503 E Promontory Point Dr Syracuse, IN 46567

Estimated Value: $288,000 - $607,000

1 Bed
1 Bath
816 Sq Ft
$580/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $37,500 $46 Per Sq Ft

Est. 1,162% increase in value since last sale

Current estimated payment $2,853/month

7 Days on Market

Highlights

  • Lake Front
  • Partially Wooded Lot
  • 1 Fireplace
  • Lake, Pond or Stream
  • Wood Flooring
  • Enclosed patio or porch

About This Home

As of February 2012

SELLER IS SELLING IN AS IS CONDITION. LOTS OF POTENTIAL WITH THIS ONE. TEAR DOWN OR RENOVATE. 1 BEDROOM, 1 BATH HOME, APPROX 51' LAKEFRONT TREED LOT. CURRENTLY THERE IS A $370 PER YEAR ASSESSMENT(DUE APRIL 1ST) FOR THE REPAIR OF THE DAM ON PAPAKEECHI LAKE. THIS ASSESSMENT WILL END IN APPROXIMATELY 2018.

Last Agent to Sell the Property

Fred Johnson

RE/MAX Results- Warsaw Listed on: 01/10/2012

RE/MAX Results- Warsaw

Last Buyer's Agent

Rex Heil

Keller Williams Thrive North

Keller Williams Thrive North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $242

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 51 x 180
  • Lake Front
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream
  • Enclosed patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 007-099-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$242

Year Built

Built in 1953

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1953
  • Style: One Story
  • Bedrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 007-099-043 LOT 14 LAKE PAPAKEECHIE SD 2
  • Parcel Number ID: 007-099-043
  • Platted: Yes
  • Amenities: Porch Enclosed
  • Grid: 55 - N.E. Kosc. Water
  • Sp Lp Percent: 107.45
  • State Id: 43-04-25-300-36
  • Special Features: None

Interior Features

  • Total Sq Ft: 1056
  • Total Finished Sq Ft: 816
  • Above Grade Finished Sq Ft: 816
  • Below Grade Sq Ft: 240
  • Price Per Sq Ft: 45.96
  • Basement Foundation: Partial Basement, Partially Finished
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 20x11, On Level: Main
  • Kitchen: Dimensions: 23x22, On Level: Lower
  • Bedroom 1: Dimensions: 8x10, On Level: Main
  • Other Room1: ENCL PORCH, Dimensions: 23x9, On Level: Main

Exterior Features

  • Exterior: Block, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Water Name: Papakeechie Lake

Utilities

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

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 95
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Slope, Waterfront
  • Lot Dimensions: 51 X 180
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22
  • Zoning: R Residential

Tax Info

  • Annual Taxes: 242

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 10, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hedges Donovan M and Hedges Joan A
Seller's Agent
Fred Johnson
RE/MAX Results- Warsaw
Buyer's Agent
Rex Heil
Keller Williams Thrive North
List Price
$34,900
Sold Price
$37,500
Premium/Discount to List
$2,600
7.45%
Current Estimated Value
$473,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,666
Avg. Annual Appreciation
20.64%

Purchase Details

Listed on
Jan 10, 2012
Closed on
Dec 27, 2011
Sold by
Mcdonald Della Jane
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Fred Johnson
RE/MAX Results- Warsaw
Buyer's Agent
Rex Heil
Keller Williams Thrive North
List Price
$34,900
Sold Price
$37,500
Premium/Discount to List
$2,600
7.45%
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
Hedges Donovan M $37,500 Total Title
Federal Home Loan Mortgage Corporation $68,829 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedges Donovan M $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2012 02/10/12 Sold $37,500 +7.4% $46 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $34,900 -- $43 / 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 $2,411 $485,300 $91,900 $393,400
2023 $2,303 $471,000 $88,500 $382,500
2022 $2,233 $417,400 $74,900 $342,500
2021 $1,656 $318,500 $54,400 $264,100
2020 $1,391 $295,200 $38,500 $256,700
2019 $1,496 $283,900 $38,500 $245,400
2018 $1,371 $274,300 $38,500 $235,800
2017 $1,345 $265,100 $38,500 $226,600
2016 $1,072 $252,500 $38,500 $214,000
2014 $1,046 $229,300 $33,100 $196,200
2013 $1,046 $33,600 $33,100 $500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 537169

Indiana Regional MLS

APN: 43-04-25-300-364.000-025