773 Chapman Lake Drive, Warsaw, IN 46582

$535,000
6
BD
4
BA
2,688
SqFt
List Price
$535,000
Status
CONT-ACCPTNGBACKUPOFFERS
MLS#
202128645
Style
One and Half Story
Year Built
1953
Days On Market
18
Bedrooms
6
Bathrooms
4
Living Area
2,688
Above grade
2618
Township
Plain
Subdivision
Waw Wil O Way Park

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.

Additional Information

Acres
0.6226
Taxes
$1,853
Exterior
Vinyl
Water
Lake
Heating
Gas, Forced Air, Wall Heater, Multiple Heating Systems
Cooling
Central Air, Multiple Cooling Units, Window
Appliances
Lease
Flooring
Laminate, Part Carpet, Tile
Amenities
Breakfast Bar, Cable Ready, Deck Open, Detector-Smoke, Garage Door Opener, Open Floor Plan, Patio Open, Twin Sink Vanity, Water Heater Gas, Water Softener-Owned, Washer Hook-Up
School District
Warsaw Community
Elementary School
Leesburg
Middle School
Lakeview
High School
Warsaw
Agent Name
Dave Blackwell

Listing courtesy of Dave Blackwell from Blackwell Real Estate

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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