9876 N Majestic Way Syracuse, IN 46567
Estimated Value: $891,000 - $1,913,981
3
Beds
3.5
Baths
5,393
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Pier or Dock
- Home fronts a canal
- Covered patio or porch
- Primary Bedroom Suite
- Lake Property
- 1 Car Detached Garage
About This Home
As of June 2015This channel front lake home provides 120 feet of channel frontage on Lake Wawasee. Indiana's largest natural lake, Lake Wawasee has a long-standing history of being a summer vacation area since the 1800's, drawing residents from all over the tri-state area of Ohio, Illinois and Indiana. There's a wonderfully social culture around the lake and when the summer residents return home for the winter, the town of Syracuse remains active. While many homes around the lake are intended primarily for summer use, the lake is certainly a place to enjoy in all seasons and reside on a permanent basis as well. Lake Wawasee offers over 3400 acres of water and 25 miles of shoreline to enjoy boating, skiing, tubing, and many more activities. This lake property sits on a spring fed channel, which makes this channel perfect for swimming right off the dock. The main patio gives you views of the main lake without having the lake front traffic. The covered patio has been equipped with ceiling fans and extends out to an uncovered patio that has built-in bench seating. It is the perfect location to host guests or relaxing by the water. The inside of the house was designed around an open concept floor plan. The kitchen, living room and dining room flow wonderfully together. At the back of the house is a guest room with en suite bath. A second full kitchen and recreational area is on the main floor. You will experience tons of storage space with a walk in pantry off of the second kitchen. This 4700 square foot house provides oversized bedrooms and plenty of extra space for hobbies and activities. The second floor consists of a master bedroom suite with a private porch that gives you clear views of the lake. The large master bath has two showers and vanities. It is topped off with a huge walk-in closet. There is another bedroom on the second floor with its own private bathroom and separate stairway entrance. A detached 2-car garage is just another perk to the property. It is a heated and cooled structure with a bonus room above. Perfect for storing your boat, Jet Ski, or other toys. There is also plenty of space for parking with the oversized driveway. This is the ultimate lake house. The house has been well maintained and is move-in ready. See this house today and enjoy for the remaining of the summer. Utilities coming soon.
Last Buyer's Agent
Shelly Rogers
Prickett's Properties Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,501
Year Built
- Built in 1981
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 57x197x118x229
- Home fronts a canal
- Irrigation
HOA Fees
- $13 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 5,393 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Crawl Space
- Home Security System
- Disposal
- Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
Outdoor Features
- Waterski or Wakeboard
- Lake Property
- Lake, Pond or Stream
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
Listing and Financial Details
- Assessor Parcel Number 43-04-26-400-239.000-025
Community Details
Recreation
- Pier or Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2015
Closed on
Jun 26, 2015
Sold by
Katz Michael A and Katz Joni A
Bought by
Austin Paul V and Austin Linda R
Seller's Agent
James Reecer
Keller Williams Realty Group
Buyer's Agent
Shelly Rogers
Prickett's Properties Inc.
List Price
$559,900
Sold Price
$550,000
Premium/Discount to List
-$9,900
-1.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,495
Avg. Annual Appreciation
8.61%
Original Mortgage
$325,000
Outstanding Balance
$9,744
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,245,053
Similar Homes in Syracuse, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Austin Paul V | -- | Metropolitan Title Of In Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Austin Paul V | $325,000 | |
| Previous Owner | Katz Michael A | $500,000 | |
| Previous Owner | Katz Michael A | $468,750 | |
| Previous Owner | Katz Michael A | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2015 06/26/15 | Sold | $550,000 | -1.8% | $102 / Sq Ft |
| 06/01/2015 06/01/15 | Pending | -- | -- | -- |
| 05/19/2015 05/19/15 | For Sale | $559,900 | -- | $104 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $5,252 | $925,000 | $295,500 | $629,500 |
| 2023 | $5,340 | $903,200 | $283,900 | $619,300 |
| 2022 | $4,825 | $784,400 | $257,300 | $527,100 |
| 2021 | $3,813 | $625,600 | $214,900 | $410,700 |
| 2020 | $3,253 | $586,400 | $209,600 | $376,800 |
| 2019 | $3,518 | $570,000 | $209,600 | $360,400 |
| 2018 | $3,257 | $555,300 | $209,600 | $345,700 |
| 2017 | $3,003 | $546,600 | $218,800 | $327,800 |
| 2016 | $2,624 | $547,700 | $218,800 | $328,900 |
| 2014 | $4,087 | $456,400 | $218,800 | $237,600 |
| 2013 | $4,087 | $477,500 | $224,400 | $253,100 |
Source: Public Records
Agents Affiliated with this Home
-
James Reecer
Seller's Agent in 2015
James Reecer
Keller Williams Realty Group
(260) 415-7386
108 Total Sales
-
S
Buyer's Agent in 2015
Shelly Rogers
Prickett's Properties Inc.
Map
Source: Indiana Regional MLS
MLS Number: 201524326
APN: 43-04-26-400-239.000-025
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