Sold
Last Sold Price
4 beds1,500 sqft
8931 E Hatchery Rd, Syracuse, IN 46567
Multi FamilyProperty Type
0.24 acresLot Size
1978Year Built
$85/sq ftPrice per sq ft
$440HOA Fees
4 carsParking Spaces

Description

Wonderful opportunity to own a cash flowing duplex located with deeded access to Papakeechie Lake and views of Lake Wawasee. Both units are occupied. Tenants pay all utilities and are responsible for lawn mowing and snow removal. Building is in excellent repair. Turnkey opportunity. Tenant to verify schools, taxes, HOA, sq. ft., legal desc. etc. Subject to tenant's rights. Recent upgrades/updates: water system & filtration installed 2017, full renovation unit b 2017, main level update unit a 2016,...Wonderful opportunity to own a cash flowing duplex located with deeded access to Papakeechie Lake and views of Lake Wawasee. Both units are occupied. Tenants pay all utilities and are responsible for lawn mowing and snow removal. Building is in excellent repair. Turnkey opportunity. Tenant to verify schools, taxes, HOA, sq. ft., legal desc. etc. Subject to tenant's rights. Recent upgrades/updates: water system & filtration installed 2017, full renovation unit b 2017, main level update unit a 2016, new gas range 2016, new washer 2016, new dryer 2016, all new windows w/transferrable lifetime warranty 2015.
  • Listed by: Michelle Tucker • Assurance Property Management & Realty Inc
Listing closed: 05/11/2018 12:00 AM • Source: Indiana Regional MLS, MLS#: 201737262

Recent comparable sales

Median sold price

$129,900

Avg days on market

66

Sale-to-list ratio

123.6%

Syracuse, IN

9 comparable properties found

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Location

Listing Courtesy of Assurance Property Management & Realty Inc

Sold By Integrity Real Estate

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Property Taxes

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HOA Dues

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Property Information for 8931 East Hatchery Road

Property Details
  • Taxes: $643 / year
  • MLS Type: Multi Family / Duplex
  • Style: Two Story
  • Architectural Style: Traditional
  • Waterfront: No
  • Water Features: Walk to Lake Access, Deeded
  • Pet Restrictions: No
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1978
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • Area: Kosciusko County
  • City: Syracuse
  • Zip Code: 46567
  • State: IN
  • Township: Turkey Creek
  • Cross Street: Circle
  • Fips Code: 18085
  • Directions To Property: SR 13 to Wawasee Middle School. East on 1000 follow around curves. Located on top of hill on the south side of the road. turn on Circle Dr. and park in back. Address is on the other side of the house. (not hatchery)
  • Sea Wall Type: None
  • Location: Lake
Taxes and HOA
  • Association Dues $: $440.00
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2016
  • Parcel Number Id: 43-04-26-100-449.000-025
School Information
  • School District: Wawasee
  • Elementary: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee
Parking
  • Number Of Parking Spaces: 4
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.24
  • Lot Dimensions: 79 x 135
  • Below Grade Unfin Sqft: 750.0
  • Total Square Feet: 2250.0
  • Approx Lot Size Sqft: 10454.0
  • Above Grade Finished Sqft: 1500.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 750.0
  • Total Finished Sqft: 1500.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Slope
Property and Assessments
  • New Construction: No
  • Year Built: 1978
  • Age: 40
  • Documents Available: LBP Form, Lease, Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Gas Company: NIPSCO
  • Sewer: Other
  • Water Company: Other
  • Water Utility: Other
  • Water Name: Papakeechie Lake
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Cable Available, Countertops-Laminate, Deck Open, Detector-Smoke, Washer Hook-Up
  • Common Amenities: Laundry Facilities
  • Driveway: Gravel
  • Exterior: Aluminum, Wood
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Buildings: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $15,600
  • Annual Insurance Expense: $1,200
  • Annual Maint. Expense: $500
  • Annual Misc: $440
  • Annual Net Income: $12,277
  • Annual Property Tax: $643
  • Annual Trash Expense: $540
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,300
  • Gross Monthly Rent: $1,300
Unit Information
Unit 1
  • Unit 1 SqFt: 1440
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Level: Combined
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $650
Unit 2
  • Unit 2 SqFt: 1440
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 5
  • Unit 2-Basement: Yes
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: Utility Room
  • Unit 2-Level: Combined
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $650
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance, Maintenance, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance

Property History for 8931 East Hatchery Road

DateEvent & SourcePriceAppreciation
May 11, 2018

Sold (Public Record)

Public Record #1289316264

$128,000

+7.7% / yr

May 11, 2018

Sold

Indiana Regional MLS #201737262

$128,000
Apr 2, 2018

Pending

Indiana Regional MLS #201737262

DateEvent & SourcePrice
05/11/2018

Sold (Public Record)

Public Record #1289316264

$128,000

+7.7% / yr

05/11/2018

Sold

Indiana Regional MLS #201737262

$128,000
04/02/2018

Pending

Indiana Regional MLS #201737262

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8931 East Hatchery Road

Taxable ValueLand$66,500Additions$143,800Total$210,300
Tax Record2025$1,687 ($141 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt1,500 SqFtFinished Basement SqFt720 SqFtStories2Lot Size9,800 SqFtStyleCondominiumYear Built1978Year Renovated1990ZoningRESIDCountyKOSCIUSKOAPN43-04-26-100-449.000-025

Schools near 8931 East Hatchery Road

This home is within Wawasee Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
North Webster Elementary School
PublicPK to 5

Wawasee Middle School
Public6 to 8

Wawasee High School
Public9 to 12

Syracuse Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Assurance Property Management & Realty Inc

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.