NOT LISTED FOR SALE

1553 Nipissing Trail Indian River, MI 49749

Estimated Value: $1,086,000 - $1,449,000

4 Beds
3.5 Baths
2,950 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $864,000 $293 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,975/month

Highlights

  • Docks
  • Waterfront
  • First Floor Utility Room
  • Pellston Elementary School Rated 9+
  • No HOA
  • 4 Car Detached Garage

About This Home

As of May 2023

This home is located at 1553 Nipissing Trail, Indian River, MI 49749 since 08 June 2023 and is currently estimated at $1,236,546, approximately $419 per square foot. 1553 Nipissing Trail is a home located in Cheboygan County with nearby schools including Pellston Elementary School and Pellston Middle/High School.

Last Agent to Sell the Property

Billy Andrew

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6506045131 Listed on: 06/08/2023

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,403

Lot Details

  • Lot Dimensions are 100x366x70x372
  • Waterfront

Home Design

  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry on main level
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Docks

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • T36n,R3w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-026-200-018-00
  • Tax Block 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,403

Lot Details

0

Listing Details

  • Directions: Straits Hwy N. to Eagles Nest. Take Eagles Next to Numbers Rd. to Nippissing Trail. Rt.on Nippissing Tr. to property
  • Garage Yn: Yes
  • Lot Size: 100x366x70x372
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Road Frontage Type: All-Sport
  • Road Surface Type: Gravel
  • Water Body Name: Burt Lake
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T36N,R3W
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: 1+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 100x366x70x372
  • Property Information Total Bathrooms2: 4.0
  • Property Information:Style2: 1+ Story
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Exterior:Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partially Finished
  • BasementSpecificsBasementSize: 650
  • Interior Amenities: Garage Door Opener, Microwave, Refrigerator, Range/Oven
  • Bedroom 3 Level: 1st
  • Bedroom 4 Level: lower
  • Family Room Level: lower
  • Utility Room Level: 1st
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Dock
  • Waterfront: Yes
  • Construction Type: Vinyl
  • Foundation Details: Basement
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 4
  • Property Information:Garage Type2: Detached/HTD

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Hot Water
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Junior High Dist: Inlandlakes

Lot Info

  • Parcel Number: 120-026-200-018-00

Tax Info

  • Tax Block: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
May 26, 2023
Sold by
Butucel Michael
Bought by
Barrow Douglas K and Barrow Heidi L
Seller's Agent
Billy Andrew
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
List Price
$864,000
Sold Price
$864,000
Current Estimated Value
$1,236,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,546
Avg. Annual Appreciation
18.55%
Original Mortgage
$648,000
Outstanding Balance
$634,174
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$582,243

Purchase Details

Closed on
Apr 22, 2016
Sold by
Butucel Mary Ann and Butucel Mary Anne
Bought by
Butucel Mary Anne and Butucel Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
3.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 1, 1994
Sold by
Bronkhorst John
Bought by
Butucel Michael and Mary Ann
Source: Public Records

Similar Homes in Indian River, MI

  • 1553 S Nipissing Trail, Indian River, MI 49749

    $1,189,000

    • 4 Beds
    • 3.5 Baths
    • 2,753 Sq Ft
    • 1553 S Nipissing Trail
    • Indian River, MI

    Enjoy panoramic water views and breathtaking sunsets from this well-maintained home on Burt Lake’s East shore. Experience Northern Michigan summers on the Inland Lakes from your own backyard, with easy access to boating, swimming, and lakeside relaxation. The main level features expansive lake views and access to an elevated deck, along with an open kitchen and dining area, a spacious living

    Will Baker Graham Real Estate

    Section Image
  • 2048 Mc Millan Rd, Indian River, MI 49749

    $998,000

    • 4 Beds
    • 3 Baths
    • 2,470 Sq Ft
    • 2048 Mc Millan Rd
    • Indian River, MI

    This property sounds like a fantastic opportunity! It offers a prime location near town and the golf course, with stunning views of Burt Lake and 100 feet of frontage. The spacious 4-bed., 3-bath home includes a 2.5-car garage plus an extra garage with a workshop, making it ideal for storage and projects. The knotty pine interior adds charm, and the home features a loft space perfect for kids,

    Steven Hutchinson COLDWELL BANKER SCHMIDT INDIAN RIVER

    Section Image
See All Homes in Indian River

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barrow Douglas K -- --
Butucel Mary Anne -- Fnc Title Services Llc
Butucel Michael $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrow Douglas K $648,000
Previous Owner Butucel Mary Anne $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 For Sale $864,000 0.0% $293 / Sq Ft
05/26/2023 05/26/23 Sold $864,000 -- $293 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,403 $395,000 $0 $0
2023 $2,866 $358,400 $0 $0
2022 $2,823 $326,200 $0 $0
2021 $5,064 $292,900 $292,900 $0
2020 $5,149 $277,000 $277,000 $0
2019 $4,514 $242,300 $242,300 $0
2018 $4,452 $213,600 $0 $0
2017 $4,122 $220,900 $0 $0
2016 $4,068 $205,700 $0 $0
2015 -- $216,500 $0 $0
2014 -- $203,800 $0 $0
2012 -- $222,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Andrew

    Seller's Agent in 2023

    Billy Andrew

    COLDWELL BANKER SCHMIDT INDIAN RIVER

    (231) 420-9231

    341 Total Sales

    Billy Andrew
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MEMBER MLS

    MLS NON-MEMBER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201824486

Water Wonderland Board of REALTORS®

APN: 120-026-200-018-00

Michigan Cheboygan County Indian River 49716

1553 Nipissing Trail, Indian River, MI

This home is located at 1553 Nipissing Trail, Indian River, MI 49749 since 08 June 2023 and is currently estimated at $1,236,546, approximately $419 per square foot. 1553 Nipissing Trail is a home located in Cheboygan County with nearby schools including Pellston Elementary School and Pellston Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Water Wonderland Board of REALTORS® The data relating to real estate on this web site comes in part from the Internet
Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate
listings held by brokerage firms other than Ten-X are marked with the WWLX
logo and the detailed information about said listing includes the listing office.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Ten-X shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © All rights reserved.

WWLX information is provided exclusively for 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.

Nearby Homes