$649,000
SOLD JUN 30, 2020

2016 Somerset Rd Long Beach, IN 46360

3 Beds
3 Baths
2,492 Sq Ft
0.26 Acres

Recently Sold

$260 Per Sq Ft

108 Days on Market

Highlights

  • Lake View
  • Hilly Lot
  • Ranch Style House
  • Deck
  • Recreation Room
  • Corner Lot

About This Home

As of July 2024

AMAZING LAKE VIEWS from this raised ranch home, perched high up on the secluded Silvertip Road. This meticulously maintained home on a gorgeous parcel is removed from the hustle and bustle of Lake Shore Drive with the most wonderful lake views you can imagine. Lovely flow throughout this sunny home with large windows and doors opening up to a private deck and views of Lake Michigan from every room. Updated farmhouse style kitchen and hardwood floors throughout. The main living room has large windows opening out to the back yard and a wonderful deck.The cozy family room with a fireplace is connected to the kitchen/living room. Large master bedroom with huge bathroom and walk in closet as well as a washer and dryer there for convenience. The huge lower level storage space behind the garage is large enough to store your golf cart. This home is one of a kind and will not last long. Make your move today to wonderful Long Beach.

Last Agent to Sell the Property

Line Mullins

Coldwell Banker Realty License #RB15000113 Listed on: 03/13/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Hilly Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,492 Sq Ft Home
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Keeping Room with Fireplace
  • Lake Views
  • Walk-Out Basement

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights
  • Septic System
  • Cable TV Available

Community Details

  • Long Beach Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460115402039000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Hilly, Lake View, Landscaped, Paved Road, Sloped, Water Rights
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR728
  • Subdivision Name: Long Beach
  • Architectural Style: Hillside Ranch
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 312
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cedar Closet, Den/Office, FP Gathering Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Walk Out
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.2645

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 60x192 (irregular)
  • Lot Size Sq Ft: 11520
  • Parcel #: 460115402039000023

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4134

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 26, 2024
Sold by
Barna Lawrence J and Sheridan Helen S
Bought by
Smith Albert T and Smith Dana E
Seller's Agent
Tim Perry
Coldwell Banker Realty
Buyer's Agent
Peggy Adducci
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,195,000
Views
27
Current Estimated Value
$953,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$241,198
Avg. Annual Appreciation
-14.64%
Original Mortgage
$550,000
Outstanding Balance
$546,494
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$475,151

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 26, 2020
Sold by
Stratman Judith A
Bought by
Barna Lawrence J and Sheridan Helen S
Seller's Agent
Line Mullins
Coldwell Banker Realty
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$508,998
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Stratman J Terry J and Stratman Judith A
Bought by
Stratman Judith A and Judith A Stratman Revocable Living Trust
Source: Public Records

Similar Homes in the area

  • 2032 Juneway Dr, Long Beach, IN 46360

    $525,000

    • 4 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • 2032 Juneway Dr
    • Long Beach, IN

    Discover your perfect summer retreat in the heart of Long Beach! This spacious 4-bedroom, 2-bath home is ideally located just a short walk to the sandy shores of Lake Michigan. Tucked away on an extra-large wooded dune lot (68' x 210') the property offers privacy, natural beauty, and plenty of room for family and guests to relax and play.The open kitchen leads out to a generous 20' x 20'

    Tim Perry Coldwell Banker Realty

    Section Image
  • 2221 Chastleton Dr, Long Beach, IN 46360

    $515,000

    • 6 Beds
    • 2 Baths
    • 1,922 Sq Ft
    • 2221 Chastleton Dr
    • Long Beach, IN

    Welcome to your perfect family beach retreat just a few blocks from the stunning shores of Lake Michigan and moments from Long Beach Country Club. Nestled in the heart of Long Beach, this charming 6 bedroom, 2 bathroom, 2-story home offers the ideal blend of comfort, space, and location. Step inside and discover generous living areas perfect for gathering with family and friends. With six

    Averee Tuholski @properties/Christie's Intl RE

    Section Image
  • 1621 Lake Shore Dr, Long Beach, IN 46360

    $799,900

    • 4 Beds
    • 2.5 Baths
    • 1,937 Sq Ft
    • 1621 Lake Shore Dr
    • Long Beach, IN

    Enjoy beautiful views of Lake Michigan from this charming classic Long Beach home, ideally located just steps from beach access at Stop 16. With four bedrooms upstairs, there's plenty of room for family and guests. The spacious attic offers exciting potential to finish for additional living space.On the main level, you'll find an eat-in kitchen and dining room featuring original corner hutches,

    Brian Volckmann @properties/Christie's Intl RE

    Section Image
  • 2308 Florimond Dr, Long Beach, IN 46360

    $680,000

    • 3 Beds
    • 2 Baths
    • 2,668 Sq Ft
    • 2308 Florimond Dr
    • Long Beach, IN

    Charming, Updated Home Just Steps from Lake Michigan!Welcome to 2308 Florimond Drive, an inviting and beautifully maintained home located in the heart of highly desirable Long Beach. Just 0.3 miles from the shores of Lake Michigan and only 0.1 mile from the Long Beach Country Club. This warm and cozy home offers 3 bedrooms, 2 full bathrooms, and a finished bonus room in the basement, ideal for

    Danelcy Patterson Coldwell Banker Realty

    Section Image
  • 2614 Hermoine Trail, Long Beach, IN 46360

    $629,000

    • 3 Beds
    • 2 Baths
    • 2,021 Sq Ft
    • 2614 Hermoine Trail
    • Long Beach, IN

    Charming 3-Bedroom Home with Walkout Basement and Four Seasons Room - Steps from the Beach!This 3-bedroom, 2-bathroom Ranch is hitting the market just in time for you to move in and enjoy it this summer! Ideally located just a short stroll from beach Stop 26, this home is perfect for someone looking to purchase a Lake Michigan getaway.The main level boasts a cozy living room with a gas fireplace,

    Kaileyne Krask @properties/Christie's Intl RE

    Section Image
  • 1937 Lake Shore Dr, Michigan City, IN 46360

    $749,900

    • 4 Beds
    • 2 Baths
    • 2,446 Sq Ft
    • 1937 Lake Shore Dr
    • Michigan City, IN

    You will appreciate this fully-furnished, Lake Michigan view, four bedroom cottage with easy access to the expansive, semi-private white sand beaches of the Lake right across the street. Set into the dune, this home provides year-round soothing sounds of the Lake Michigan waves and the comfort of cool breezes in the home or on the wide, timbered back patio off the kitchen and dining room.

    Richard Remijas Jr Berkshire Hathaway HomeService

    Section Image
  • 207 Westwood Dr, Michigan City, IN 46360

    $729,000

    • 4 Beds
    • 3.5 Baths
    • 2,226 Sq Ft
    • 207 Westwood Dr
    • Michigan City, IN

    This thoughtfully designed and professionally decorated home is tastefully appointed to make your transition to lake life effortless. With 4 spacious bedrooms--3 of which are ensuite--and 3.5 baths, this home truly checks all the boxes.Gleaming maple floors and an open-concept layout create a warm, welcoming atmosphere, enhanced by vaulted ceilings and abundant natural light. The expansive

    Helen Stapleton Coldwell Banker Realty

    Section Image

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 Type Sale Price Title Company
Warranty Deed $1,195,000 Meridian Title
Quit Claim Deed -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $511,000 New Conventional
Previous Owner $508,998 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $1,195,000 0.0% $480 / Sq Ft
06/09/2024 06/09/24 For Sale $1,195,000 +84.1% $480 / Sq Ft
06/30/2020 06/30/20 Sold $649,000 0.0% $260 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $649,000 -- $260 / Sq Ft
Source: Northwest Indiana Association 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 $4,373 $530,600 $128,500 $402,100
2023 $4,301 $430,100 $128,500 $301,600
2022 $4,134 $413,400 $128,500 $284,900
2021 $4,029 $402,900 $128,500 $274,400
2020 $3,283 $402,900 $128,500 $274,400
2019 $4,134 $408,600 $247,500 $161,100
2018 $5,157 $510,900 $349,800 $161,100
2017 $3,621 $357,300 $199,300 $158,000
2016 $3,704 $365,600 $199,300 $166,300
2014 $4,023 $402,300 $199,300 $203,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR471328

Northwest Indiana Association of REALTORS®

APN: 46-01-15-402-039.000-023