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$325,000   Price Analysis
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12562 N Rainey Rd
Syracuse, IN 46567
1 bed 1 bath 734 SqFt ($442/SqFt)
436SqFt lot. Built 1955
Listed 2024-05-07, Taxes $1,432
USDA Eligible
near Vawter Park, IN
 

Look no further than this little GEM!!

With an unheard of 177' of channel frontage on Lake Wawasee. This one bedroom, one full bathroom offers that classic cottage feel with modern day charm. You will find the wooden floors to be stunning with the richness of the dark stained wo od, vaulted ceilings with sky lights and can lighting. The countertops are granite both in the kitchen and bathroom. Two sitting areas in the cottage and a bonus room with the screened in porch. The screen porch offers views of the channel and often sighting of wildlife. Enjoy a warm summer breeze, relax and take a nap, enjy the lake as it was yesteryear. This cottage is turnkey. All the decking and Pier new in 2023!

Contemporary roof 2021! Maroon boat canopy included with the sale of the property. Black canopy can be purchased separately. This little GEM would be the perfect weekend - summer get away or investment property.


Presented by Perry Glancy at
Krueckeberg Auction And Realty.


Property MLS #202415937 from IRMLS

Bedrooms: 1
Bedroom 1 Dimensions: 10 x 12
Bedroom 1 Level: Main

Total Rooms: 4
Basement Description: Crawl, Slab

Total Bathrooms: 1 / 0
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Cooling Features: Wall AC
Heating Features: Electric

Water Body Name: Lake Wawasee
Lake
Waterfront Feet: 177

Vinyl

Channel Front/Canal
Lot Description: Level
Lot Size Acres: 0.0100092
Lot Size Dimensions: 120x177
Lot Size Square Feet: 436

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

Wawasee High School is a public high school located approximately 2.1 miles away.
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Syracuse Elementary School is a public elementary school located approximately 1.9 miles away.
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Wawasee Middle School is a public middle school located approximately 2.8 miles away.
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Peaceful Woods is a private elementary and middle school located approximately 3.2 miles away.
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Annual Tax Amount: 1920
Source Listing Status: Active
County: Kosciusko County
Directions: From Dairy Queen in Syracuse, Head East on E Pickwick. At 3 way stop continue to the right on E Cornelius Rd. Turn south on N Pleasant Grove Rd. Then take the left to N Rainey Rd W. House located at the end of the channel.
Tax Year: 2024
Source Property Type: RESIDENTIAL
Source Neighborhood: Rainey Court
Parcel Number: 43-04-09-100-211.000-025
Subdivision: Rainey Court
Township: Turkey Creek
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$57,500 + $97,500
$155,000
$1,432
2020$54,300 + $95,400
$149,700
$1,269
2019$52,100 + $95,400
$147,500
$1,408
2018$48,800 + $95,400
$144,200
$1,314
2017$45,600 + $84,400
$130,000
$1,211
2016$45,600 + $82,500
$128,100
$1,041
2015$46,200 + $82,500
$128,700
$1,120
2014$43,900 + $82,500
$126,400
$1,131
2013$45,700 + $84,400
$130,100
$1,226
2012$45,200 + $84,400
$129,600
$1,081
2011$44,700 + $86,600
$131,300
$978
2010$47,700 + $92,100
$139,800
$1,005
2008$40,800 + $115,700
$156,500
$1,038
2007$70,700 + $61,100
$131,800
$814

Listed 2024-05-07
$325,000
IRMLS

Total Square Feet Living: 734
Year Built: 1955
Above Grade Finished Area: 734
Other Buildings: Outbuilding 1 Length: 8, Outbuilding 1 Width: 6, Outbuilding 1: Garden Shed
Property Age: 69
Levels or Stories: 1
House Style: One Story
Total Area Sqft: 734

Sewer: City
Water Source: Well
Water Well: Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.