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$535,000

773 Chapman Lake Drive Warsaw, IN 46582

  • 6 Beds
  • 4 Baths
  • 2,618 sq. Ft
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Property Description
Enjoy commanding views and beautiful sunsets over Big Chapman Lake with this year around home on a double lakefront lot on the popular east side on Chapman Lake Drive. Currently set up as a tri-plex, the upper level (previously leased for $1,300 per month) offers an open floor plan lakeside (living, dining, kitchen) with a glass slider leading to the 16x28 lakeside balcony deck. Master bedroom has a large walk-in closet, main bath has a dual sink vanity and a ceramic tiled shower. Lower level is finished into two apartments: 1 BR rents for $700 per month, and 2 BR rents for $700 per month (seller pays utilities and tenants can use the lower level patio area). Room info & measurements are for the main living area (upper). Mature shrubbery lined side property lines offers a private park like lakefront setting with ample room for social gatherings. Supplement your mortgage payment with income from the two lower level apartments, or rent out all 3 units and build your dream house later on. Rare double lot may allow the potential of two building sites for new construction. Big Chapman Lake is only two hours from Indianapolis or Chicago and is a spring fed all-sport lake (one cleanest lakes in Indiana) and is connected by a 2-way channel to Little Chapman Lake (10 mph fishing lake). Good swimming and fishing right off the seawall (tapered firm lake bottom). Great location near the local marina convenience store and the CLCA Conservation Clubhouse and just a short boat ride to the social gathering areas (sandbars). Spectacular 4th of July fireworks on the lake thru the Conservation Association. NIPSCO natural gas, REMC electric, 4 inch well, newer septic system, Mediacom cable TV service, Leesburg Elementary School district.
Address:773 Chapman Lake Drive Warsaw IN 46582
Status:Active
on site: 16 days
Price:$535,000
Bedrooms:6 Beds
Bathrooms:4 Full Baths
Sq. Feet:2,618
Year Built:1953
Lot Size:0.62
County: Kosciusko County
Township: Plain
School System : Warsaw Community
MLS #:202128645
Property Type:Triplex

Lot Dimensions:80x354
Directions:East of Warsaw on Old Rd 30, north on 300 E (at the County Hwy Garage), left at the "Y" and follow Chapman Lake Drive along the east side of the lakes. House in lakefront on the east side of Big Chapman Lake.
Total Sq. Ft. :2,618
Basement:No
Loan Price
$3,323
Price And Interest $2,791/month
Property Tax $309/month
MTG INS $0/month
HOME INS $223/month
Price
$535,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$309/month
Home Owner Insurance
$2,676 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
4th Bedroom 1 x 1 Info Not Available
5th Bedroom 3 x 3 Info Not Available
Family Room 700 x 1300 Info Not Available
Living Room 1 x 1 Info Not Available
Annual Property Tax:$1,853
Tax Year:2021
City:Warsaw
Subdivision: Waw Wil O Way Park
Zip Code:46582
School System:Warsaw Community
High School:Warsaw
Middle School:Lakeview
Elementary School:Leesburg
Total Sq. Ft.:2,618
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company, Inc
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Listing provided courtesy of Blackwell Real Estate.

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