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(SOLD) $320,000

12562 N Rainey Road Syracuse, IN  46567

  • 1 Beds
  • 1 Baths
  • 734 sq. Ft

Property Description for 12562 N Rainey Road Syracuse, IN 46567

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 wood, 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, enjoy the lake as it was yesteryear. This cottage is turnkey. All the decking and Pier new in 2023! New 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.

Address:12562 N Rainey Road Syracuse IN 46567
Status:Sold
Sold On: 7/3/2024
Price:$325,000
Bedrooms:1 Beds
Bathrooms:1 Full Baths
Sq. Feet:734
Year Built:1955
Lot Size:0.01
County: Kosciusko County
Township: Turkey Creek
School System : Wawasee Community
MLS #:202415937
Property Type:Site-Built Home

Lot Dimensions:120x177
Lot Description:Level
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.
Total Sq. Ft. :734
Basement:No

Loan Price
$1,962
Price And Interest $1,669/month
Property Tax $160/month
MTG INS $0/month
HOME INS $133/month
Price
$320,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$160/month
Home Owner Insurance
$1,596 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 12 x 10 Main

Semi-Annual Property Tax:$960
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: Rainey Court
Zip Code:46567

School System:Wawasee Community
High School:Wawasee
Middle School:Wawasee
Elementary School:Syracuse

Total Sq. Ft.:734
Exterior Features:Vinyl
Fuel:Electric
Cool:Wall AC
Heat:Electric
Total Rooms:4

Listing provided courtesy of Perry Glancy with Krueckeberg Auction And Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Syracuse Market Report

170
Avg. DOM
$301.48
Avg. $ / Sq.Ft.
$ 369,500
Med. List Price

The house prices in Syracuse are indeed dropping at the moment. There has been a decrease in price of $80,954.55. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Syracuse are going Down. The average house price is $377,000.00 and the average price per square feet is $314.40 per square feet. At the moment, the amount of homes listed is exactly 165 houses, with 60 with active status, 5 with pending status and 100 sold in Syracuse .

The most popular place to buy a home in Syracuse is 4304 - Kosciusko - Turkey Creek. 4304 - Kosciusko - Turkey Creek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Syracuse .

The average amount of property taxes you would have to pay for a home in Syracuse is $3,095.72. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Syracuse are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Syracuse was 863 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Syracuse is $2,799,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Syracuse is $79,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Syracuse in year 1891 and the newest built house is in year 2024.

The average size of properties in Syracuse is 2012.67 sq.ft. , the biggest one being 5200 sq.ft. and the smaller being 640 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.