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Kosciusko County, IN Real Estate News

By inboundREM Market Updates
(InboundREM)
The price of a property isn't the only thing that needs to be taken into consideration when purchasing a home. Furthermore, the closing fees in the Kosciusko Lake Area are included in the payments you make as an investor.  An enormous amount of effort must have been accomplished by real estate attorneys and other stakeholders. As a result, the closing fees include all charges for services given up to the point of closing the real estate deal.What are Closing Costs?This refers to any fees or charges you incur that are not included in the purchase price of your home.Furthermore, the total cost of a property should be covered by both the seller and the buyer. In other words, this phase is critical to complete the sale of a home.Some of the additional costs that may come under the closing c...
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By inboundREM Market Updates
(InboundREM)
Neighborhood InformationMilford is a modest town tucked away in the northern segment of Kosciusko County, Indiana. Aaron M. Perrine founded the town in 1836. He is a well-educated person who had made his home in the neighborhood together with his family. Milford was named after a mill that existed beside a ford. The town began as a bit of an enclave, just like many others, with only five streets in the community. Perrine sold this collection of lots for between $10 and $50 apiece. With more than 1,500 residents today, the town is a thriving community that benefits from the region's natural resources. Milford's economy is centered mainly on agriculture and manufacturing. CTB, Inc., a manufacturer of agricultural equipment, and The Papers Incorporated, a printer, and publisher whose major...
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By inboundREM Market Updates
(InboundREM)
Neighborhood InformationNorth Webster is a well-established community in the heart of Kosciusko County, Indiana. Incorporated in June 1937, it maintains a variety of historic structures and is constantly adding new businesses and activities to serve its citizens. Locals take pride in their community's unique atmosphere, defined by its modest boutiques and local specialty merchants. Like the majority of towns and cities in Kosciusko County, North Webster is surrounded by its own natural lake. Webster Lake is a popular year-round destination for residents and visitors alike, comprising 540 acres and containing the site of Epworth Forest. Webster Lake's expansive waterways, parks, and beaches are ideal locations to watch the sternwheeler take a scenic tour through its pristine waters.North...
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By inboundREM Market Updates
(InboundREM)
Neighborhood InformationPalestine Lake is a lovely residential community located in Kosciusko County, Indiana. A variety of recreational opportunities are available in and around the neighborhood, including boating, water skiing, house boating, and camping, as well as recreational vehicles (RVs), canoeing, and fishing, all of which are excellent for relaxing. Young professionals and families looking for a new home will appreciate the many attractions within and around this neighborhood. The area features lots of trendy small stores, cafes, restaurants, and top-ranked schools. If you are in the market for a new home located within a well-established community, you'll surely love what the Palestine Lake subdivision has to offer. Whenever you visit Palestine Lake, you'll want to take in th...
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By inboundREM Market Updates
(InboundREM)
Neighborhood InformationSyracuse Lake is a picturesque natural lake in Kosciusko County, Indiana, that borders Syracuse. The surface area of this pristine freshwater is 1.67 square kilometers (414 acres), with a maximum depth of 10 meters (34 feet) and an average depth of 3.9 meters (13 ft). Like its aquatic sister, Lake Syracuse is lined with over 1,000 waterfront residences and condos whose owners enjoy breathtaking vistas and unrivaled access to the lakes' pure waters. Whether it's summer or winter, this lake town is alive and well, with both seasonal and year-round residents enjoying an oasis of superb recreational activities and cultural events.In the winter, residents of this beautiful neighborhood can enjoy snowmobiling, ice fishing, and ice boating, while in the summer, they can...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationThe charming town of Lake Webster is located in Kosciusko County, Indiana. This Lake has a size of 653 acres, and it is one of the best lakes you will ever see in the state. This place offers many different activities that you and your family will enjoy. Among these are exploring exciting trails, ice fishing, gardening, shopping, and participating in festivals and craft shows.As for the real estate options in this neighborhood, the Median home price is $194,500; the average home sale price is $211,00, and a Median price per sqft of $132. Homes for sale in this community start at $143,000 and can rise to $749,900. The residence features stunning views and a backdrop of the lake, sunsets, and sunrise. The majority of the available houses have 1 to 4 ba...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationThe beautiful town of Lake Tippecanoe has a population count of approximately 550. The lake occupies about 786 acres, with a max depth of 122 feet and an average depth of 37 feet. Residents who live in this town have an amazing view of the Lake. You will never get tired of watching the beautiful sunsets each day from your balcony and window. This place prides itself on its beautiful setting and its winsome housing opportunities that come at an affordable price. The median home price in Tippecanoe Lake sits at $299,900 with an average home sale price of $236,000 and a Median per Sqft of $195. Houses available for listing measure from 768 sqft to 8, 986 sqft with spacious master bedrooms, fully appointed kitchen, and elegant dining rooms. These houses ...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationLake Wawasee is a natural lake you will find southeast of Syracuse, and it is the largest natural lake in Indiana. Real estate opportunities near Lake Wawasee are once-in-a-lifetime chances, and If you are interested in living near waters, you will love the homes for sale in this town. The pristine view is something that you would want to see every day. Home for sale near Lake Wawasee ranges from $1,300,000 to $5,999,000. They measure 2,236 SqFt up to 5,787 SqFt with built-in bars, extensive balconies, large recreation rooms, walk-in closets, full baths, and up to 3 car attached garage. You'll surely fall in love not just with the beauty of the location even with the charm of the houses in this place. If you are interested in moving to Lake Wawasee d...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationLocated in the heart of Amish Country, Nappanee is home to the country's 6th-largest Amish community. Thousands of tourists come to this area each year to visit Amish Acres, eat hearty home-cooked meals, and shop for hand-crafted furniture, woodworking, and crafts. When it came to promoting Nappanee, the well-known Rise 'n Roll Bakery played a huge role! Rise 'n Roll doughnuts are so delicious (and addicting!) that they are often referred to as Amish Crack by the locals.Nappanee's annual Apple Festival attracts over 80,000 visitors during the third week of September. A 7-foot apple pie, which is cut into 800 pieces and distributed among guests, is baked each year as the event's opening act, earning it the title of Indiana's top fall festival in the s...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationClaypool, Indiana is a small town located around 10 miles south of downtown Warsaw. Residents of this village, which has a population of slightly more than 400 people, enjoy living in a relaxing and peaceful farm town environment. Claypool was chosen by the Louis Dreyfus Agricultural Industry in 2006 as the site of their newest and largest biodiesel manufacturing plant in the state.Claypool has a lot of lands available for farming and raising livestock, which makes it a great place to live. If you spend the same amount of money in town, you'll receive a lot more houses than you would in Warsaw. Homes in Claypool are affordable, yet the appeal of owning land makes it a popular choice for many buyers. Residents in rural Indiana are willing to go to War...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationYou'll find Chapman Lake just about three miles northeast of Warsaw. Unlike numerous vacation lakeside communities in the vicinity, Chapman is a year-round lake community that caters to residents who appreciate lake living all year long. A channel connects Big Chapman Lake to the north and Little Chapman Lake to the south, giving residents access to both lakes from their homes. Both Big and Little Chapman Lakes receive their water from nearby springs, yet they are vastly different in terms of both size and composition.Big Chapman Lake is a 500-acre body of water with a natural average depth of 12 feet, but it may be as deep as 39 feet in some places. This lake is ideal for boating, wakeboarding, water skiing, and fishing, making it an all-around fami...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationLocated inside the Warsaw metropolitan area, the little town of Winona Lake is home to about 5,000 people. Winona is well-known for the abundance of artisan stores, boutiques, and restaurants in "The Village," which are all located in the same area. Weekend art events, the Fat & Skinny Tire Festival, a network of hiking and bike trails, and the historic Billy Sunday Museum all draw travelers from all over the Midwest to this small town.  Grace College is located near Winona Lake, and many of the school's former students and faculty have chosen to make Winona Lake their permanent home.Naturally, Winona Lake itself is one of the most popular attractions in this small town. On the lake's 571 acres you will watch some of the most beautiful sunsets you wi...
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By inboundREM Market Updates
(InboundREM)
Community and Real Estate InformationIndustryWarsaw is known as the Orthopedic Capital of the World, and it is the administrative center of Kosciusko County, with a population of slightly more than 15,300 residents. Depuy, a major medical equipment manufacturer based in Warsaw, was founded in 1895, followed by Zimmer in 1927 and Biomet in 1977, all of which are still in business today. The medical device, implant, and instrument industries have a long and storied history in the town, which draws specialists from all over the country and the globe. However, Warsaw's medical device industry is only one of the city's many diverse and dynamic sectors. A number of other prominent employers in the area include Da-lite Industries, ABC Industries, Dalton Foundry, Warsaw Community Schools, Parkv...
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
If you're planning to purchase your first home, the Indiana Housing and Community Development Authority can help you put money back in your wallet or pocketbook with a Homeownership Tax Credit (also known as a federal MortgageCredit Certificate, or MCC). Here's how the Homeownership Tax Credit works. You obtain a mortgage through a participating lender. In addition to your mortgage, you will receive a certificate that offers you a federal tax credit of up to $2,000 per year. A tax credit is more valuable than a tax deduction because it lowers your actual tax liability, rather than your taxable income. The size of your Homeownership Tax Credit will vary based upon your mortgage amount(see below). On a $90,000 loan, you will receive a credit of 25 percent of the interest that you pay. For...
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
Photo taken by Greg Miller, for the sole purpose of sharing an interest in photography and promoting our local sites of interest . Feel free to share this picture, we would appreciate due credit.                                ********************************************  We are proud to serve buyers and sellers in all of Kosciusko County. If you are considering selling your home or purchasing a new one in the Warsaw, Syracuse, North Webster, Leesburg, Milford or surrounding areas, we would be honored to assist you. We also specialize in water properties for the lakes of Wawasee, Syracuse, Tippy, Webster, Barbee chain, Papakeechie, Dewart and Waubee.                                                           Sharon & Greg Miller - Realtors®                                               ...
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
 What a wonderful day we had at the North Webster Church of God today. Not only did we receive a great message from Pastor Boyer on having people in our lives that will keep us accountable in our walk on this earth, as the prophet Nathan was for King David.But also we had 8 baptisms.  What a joy to watch each of those participants give their testimony about coming to Christ. One of those was my 9 year old granddaughter Aubrey.Needless to say I was ecstatic and proud to to be a part of this life event tht started a couple of month ago. The added blessing was 8 un-churched family members in attendance to witness. May God now work in their lives.  
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
Warsaw & Winona Lake,Indiana Real Estate Market Report     May 2009May numbers, of sold single family residence continues the struggle to gain momentum. We ended the month with a 33% decline year to date over 2008 sales figures.  The cooler than normal temperatures for May, certainly did not help entice those looking for a home to venture out. As the weather has improved, so has the activity. We are having a late start to the traditional "busy selling season" but closed out May with 63 homes under contract. Rates have also started to climb, which is a strong indicator of higher demand on the mortgage side of things.   May 09 May 08 % change YTD 09 YTD 08 % change # solds 32 45 -29% 115 172 -33% Avg. sale price 111,266 165,247 -33% 135,808 150,773 -10% Median price 96,700 135,000 -28% 11...
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
Syracuse Indiana Market Report May 2009 Housing activity has picked up in the Syracuse area. With 14 closings last month, it pushed the year to date totals ahead of last year. That is a very welcome and hopeful sign that we might be bottoming out and on the rebound. While one month is no  certainity of a rebound, it is cause for increased optimism. We will take any positives that we can get. May 09 May 08 % change YTD 09 YTD 08 % change # solds 14 3 +467% 38 28 + 36% Avg. sale price $120,471 $365,475 -65% $155,607 $284,770 - 45% Avg.median  price $85,250 $181,450 - 53% $88,500 $168,500 - 47% Avg. days on market 109 100 132 115 # pendings 10 # active listings 217   North Webster Market ReportIf you would like further information or market reports on lakes or communities in Kosciusko Coun...
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
    North Webster Real estate  Market Report - May 2009The North Webster area housing market continues to struggle due to slowsales for water properties, which is a dominat share of this areas market. For the purposes of this report, I  used the School boundaries that are included in the North Webster elementary school district. This will encompass smallsections of  mailing addresses for Leesburg, Pierceton, Warsaw & Syracuse as well.   May 09 May 08 % change YTD 09 YTD 08 % change # solds 3 5 -40% 18 28 -36% Avg. sale price 147,666 135,500 +9% 173,244 137,127 +26% Avg.median price 193,000 138,000 +40% 162,500 130,000 +25%  D.O.M.* 283 116 +144% 166 132 +33% # pendings 10           # active listings 146            * Average days on the market until sold Syracuse In. Market ReportIf you ...
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By Greg Miller, Florida Home Loans - Conventional,FHA,USDA,VA
(Ruoff Home Mortgage )
                          Summer has officially begun on Wawasee with the arrival of The Memorial weekend and all the Lake enthusiasts. The biggest enjoyment for me was participating in the return of the Sunday morning "Boat in Worship". With an estimated 50 - 75 boats and a shore audience of about 100, it was a well attended gathering by those who came together to worship the Lord. Kudos to Pastors Cox & Steffan for an outstanding service and a job well done.Special thanks to The Frog for the use of the Lillypad dinner boat for the services to be held on. Services will be held every Sunday at 8:30 A.M. in the Conklin Bay area outside of The Oakwood Inn thru Labor Day. Photo taken by Sharon and Greg Miller, and may not be reproduced without permission of Sharon and Greg Miller, Century...
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Kosciusko County, IN Real Estate Professionals