NOT LISTED FOR SALE

221 Shady Oak Dr Michigan City, IN 46360

Estimated Value: $374,000 - $516,000

3 Beds
1.5 Baths
1,296 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $235,000 $181 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,747/month

164 Days on Market

Highlights

  • Access To Lake
  • Wooded Lot
  • Covered Patio or Porch
  • Deck
  • Ranch Style House
  • Double Oven

About This Home

As of October 2017

Welcome to Michiana Shores = a quaint village of homes & cottages in a picturesque area along the Lake Michigan Shoreline, Dunes & Woods. Perched on 4 Lots (providing future expansion potential), in a serene wooded setting among towering oak trees...This rustic cottage home features 3 bedrooms, 2 baths, a big country eat-in kitchen with appliances plus sliding doors to a nice sized deck, which expands dining options in season. Laundry room off kitchen, washer & dryer stay. Hallway pantry closet. Rear concrete patio. Handy storage shed. Full basement has mechanicals & plenty of room for storage. Pella windows & doors installed in 2010. HMS Home Warranty in place & transferable to buyers on day of closing FOR 1 YEAR OF COVERAGE paid for by seller! Priced below RPR Value. Great opportunity for year round living or as a seasonal retreat. Bring your decorating ideas and beach towel. Nearby Stop 39 and Lake Michigan Beach is calling you this summer! See photos & call for more details.

Last Agent to Sell the Property

Jeff Safrin

F.C. Tucker 1st Team Real Esta License #RB14035249 Listed on: 05/15/2017

F.C. Tucker 1st Team Real Esta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Cottage

Interior Spaces

  • 1,296 Sq Ft Home
  • Living Room
  • Basement

Kitchen

  • Country Kitchen
  • Double Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch
  • Storage Shed

Utilities

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

Community Details

  • Michigan Park Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460207326033000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Gravel Road Access, Lake Access, Landscaped, Nearly Level, Paved Road, Sloped, Water Rights, Wooded
  • ResoOtherEquipment: Cable TV Hookup, Other
  • Co List Office Mls Id: GNR1172
  • Co List Office Mls Id: GNR1172
  • Subdivision Name: Michigan Park
  • Architectural Style: Cottage, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood,Other
  • GNR_UnfinishedSquareFootage: 1296
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Gas Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Patio, Storage Shed
  • Acres: 0.3375

Garage/Parking

  • Parking Features: None, Other

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 4 lots = irregular
  • Lot Size Sq Ft: 14700
  • Parcel #: 460207326033000062
  • Zoning Description: r

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3378

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Oct 19, 2017
Sold by
Indiana Land Trust Company
Bought by
Druzbacka Martha
Seller's Agent
Jeff Safrin
F.C. Tucker 1st Team Real Esta
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$449,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,797
Avg. Annual Appreciation
8.36%
Original Mortgage
$211,500
Outstanding Balance
$174,438
Interest Rate
3.36%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$275,359

Purchase Details

Closed on
Dec 6, 2011
Sold by
Davis Faith G and Davis Faith Gladys
Bought by
Lake County Trust Company and Trust #6231

Purchase Details

Closed on
Feb 1, 2006
Sold by
Dirgo John Alan
Bought by
Davis Faith Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Druzbacka Martha -- None Available
Lake County Trust Company -- None Available
Davis Faith Gladys -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Druzbacka Martha $211,500
Previous Owner Davis Faith Gladys $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $235,000 0.0% $181 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $235,000 -- $181 / 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 $4,549 $316,400 $66,300 $250,100
2023 $4,472 $248,400 $66,300 $182,100
2022 $3,400 $197,900 $18,800 $179,100
2021 $3,400 $185,200 $18,800 $166,400
2020 $3,295 $185,200 $18,800 $166,400
2019 $3,215 $171,800 $15,000 $156,800
2018 $3,399 $182,300 $25,500 $156,800
2017 $3,183 $166,000 $16,700 $149,300
2016 $3,378 $193,400 $19,000 $174,400
2014 $3,546 $181,200 $28,500 $152,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR414559

Northwest Indiana Association of REALTORS®

APN: 46-02-07-326-033.000-062