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  • $850,000

    500 E Medusa St, Syracuse, IN 46567

    4beds
    2,463sqft
    Single Family Residence
    Built in 1987
    0.38 Acres Lot
    $853,000 Zestimate®
    $--/sqft
    $2,382 Estimated rent

    Home value

    $853,000

    $793,000 - $913,000

    $2,382/mo

    Zestimate® history
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    What's special

    New maintenance-free wraparound deckFunctional and spacious layoutPeaceful water viewsMain-floor laundryLakefront homeFresh exterior paint
    Enjoy easy, relaxed lake living on beautiful Syracuse Lake. Tucked away on a dead-end street, this well-maintained 4-bedroom, 3-bath lakefront home offers 68 feet of firm shoreline with seawall, peaceful water views, and a rare flat walkout to the lake—making time on the water effortless and enjoyable. A standout feature you don’t find often is the attached 5-stall garage, providing exceptional space for lake toys, vehicles, watercraft, and storage. The generous lot offers level access to the shoreline, ideal for swimming, boating, and enjoying long lake days. A new maintenance-free wraparound deck sits just off the main living space and creates the perfect setting for entertaining, grilling, or simply taking in the waterfront scenery. Inside, the home offers a functional and spacious layout. The upper level features a private primary suite with a full ensuite bath and walk-in closet. On the main level, two additional bedrooms—each with patio doors—open directly to the lakeside patio. You’ll also find a full bath, main-floor laundry, and an open-concept kitchen and living area filled with natural light. Two sliders lead out to the deck, extending the living space outdoors and highlighting the lake views. The finished walk-out lower level adds even more versatility, featuring another bedroom, full bath, cozy wood stove, and a kitchenette/bar area—perfect for hosting family and friends. Step outside to a covered patio and stamped concrete area, ideal for morning coffee, sunrise gatherings, or relaxing by the water. Recent updates include new laminate flooring in the main living areas, a brand-new A/C, furnace, and water heater, fresh exterior paint, and a completed pre-listing inspection with repairs already addressed, offering peace of mind and move-in readiness. While the home has been well cared for, it also presents an excellent opportunity to update and personalize the interior to today’s style. Located just minutes from town, parks, dining, and shopping, and situated along the Syracuse–Wawasee Trail, a scenic 4+ mile path wrapping around Syracuse Lake and extending into downtown. Even better—Syracuse Lake connects directly to Lake Wawasee, allowing you to enjoy expanded boating, dining by boat, and access to Indiana’s largest natural lake right from your pier, Pier 058. See Floor plan in attached documents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Racolta Cell:317-750-1600,

    Encore Sotheby's International Realty

    Bought with:

    Angela Racolta, RB17001926

    Encore Sotheby's International Realty

    Source: IRMLS,MLS#: 202602507MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 2
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 170
    • Dimensions: 10 x 17
    Living room
    • Level: Main
    • Area: 425
    • Dimensions: 25 x 17
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Oven, Water Softener Owned
    • Laundry: Main Level
    Features
    • 1st Bdrm En Suite, Walk-In Closet(s), Entrance Foyer, Main Level Bedroom Suite
    • Basement: Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Recreation Room, One
    Interior area
    • Total structure area: 2,463
    • Total interior livable area: 2,463 sqft
    • Finished area above ground: 1,423
    • Finished area below ground: 1,040

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached
    • Attached garage spaces: 5
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Covered
    • On waterfront: Yes
    • Waterfront features: Deck on Waterfront, Lake Front, Ski Lake, Lake
    • Body of water: Syracuse Lake
    • Frontage length: Channel/Canal Frontage(0),Water Frontage(68)
    Lot
    • Size: 0.38 Acres
    • Dimensions: 70X236
    • Features: Level
    Details
    • Parcel number: 430408100010.000026

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Siding
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Syracuse

    Financial & listing details

    • Tax assessed value: $1,036,500
    • Annual tax amount: $16,978
    • Date on market: 1/23/2026

    Price history

    DateEventPrice
    6/5/2026Sold$850,000-10.4%
    Source: IRMLS #202602507 Report a problem
    5/23/2026Pending sale$949,000
    Source: IRMLS #202602507 Report a problem
    4/28/2026Price change$949,000-5%
    Source: IRMLS #202602507 Report a problem
    3/23/2026Price change$999,000-9.1%
    Source: IRMLS #202602507 Report a problem
    1/23/2026Listed for sale$1,099,000-8.4%
    Source: IRMLS #202602507 Report a problem
    1/1/2026Listing removed$1,200,000
    Source: IRMLS #202527025 Report a problem
    9/17/2025Price change$1,200,000-7.6%
    Source: IRMLS #202527025 Report a problem
    8/9/2025Price change$1,299,000-7.1%
    Source: IRMLS #202527025 Report a problem
    7/11/2025Listed for sale$1,399,000
    Source: IRMLS #202527025 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,245 -35.1%$1,036,500 +12.1%
    2024$14,251 +9%$924,500 +11%
    2023$13,079 +15.2%$832,900 +13.7%
    2022$11,355 +4.6%$732,400 +18.1%
    2021$10,851 +0.4%$620,100 +4.3%
    2020$10,808 +9.9%$594,700 +6.9%
    2019$9,838 -0.5%$556,100 +7.5%
    2018$9,890 -27.6%$517,500 +0.3%
    2017$13,662 +51.7%$515,800
    2016$9,006 +1.1%$515,800 +4%
    2014$8,911 -1.2%$495,800 +1.5%
    2013$9,023 +2.2%$488,600 -2.9%
    2012$8,828 +10.1%$503,100 -5.2%
    2011$8,016 0%$530,500
    2010$8,019 +6.3%$530,500 -2.2%
    2009$7,543 -0.8%$542,600 -15.2%
    2007$7,602 $639,900 +11.8%
    2006-- $572,400 +35.1%
    2005-- $423,600
    Find assessor info on the county website

    Neighborhood: 46567

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Syracuse
    • Middle: Wawasee
    • High: Wawasee
    • District: Wawasee

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $853,000
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    With Zillow Showcase(estimated)
    $870,060