NOT LISTED FOR SALE

4740 N Indian Lake Rd Traverse City, MI 49686

Estimated Value: $371,885 - $432,000

2 Beds
1 Bath
960 Sq Ft
$408/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $295,000 $307 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,379/month

Highlights

  • 164 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Living Room
  • Courtade Elementary School Rated A-
  • Lower Floor Utility Room
  • Dining Room

About This Home

As of September 2022

This home is nestled in a scenic rolling wooded 1.28 acre lot overlooking Indian Lake, in Grand Traverse County, MI. This waterfront property is the perfect place to call home. This property has 164 feet of private waterfront on this quiet no-wake lake. You will love walking out to your very own oasis. Enjoy entertaining friends and family while using the walk out lower level and deck. It doesn't get much better than going kayaking or fishing right off of your own dock. Home has a layout offering amazing views through the large windows. Endless restaurants, shopping, vineyards just minutes to Traverse City

Last Agent to Sell the Property

Beth Flynn

@properties Christie's International Real Estate - Petoskey Listed on: 08/05/2022

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Beth Flynn

@properties Christie's International Real Estate - Petoskey Listed on: 08/05/2022

@properties Christie's International Real Estate - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,964

Lot Details

  • 164 Feet of Waterfront

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 960 Sq Ft Home
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 03-780-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,964

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 09/12/2022
  • Measurement Source: Owner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 960
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 960
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 164
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 03-780-001-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 12, 2022
Sold by
Gaspar Lee A
Bought by
Summer Fredric
Seller's Agent
Beth Flynn
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Beth Flynn
@properties Christie's International Real Estate - Petoskey
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$391,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,471
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jan 7, 2013

Purchase Details

Closed on
Jun 28, 2012

Purchase Details

Closed on
Jul 23, 2003

Purchase Details

Closed on
Jul 1, 2003
Source: Public Records

Range of Values:

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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
Summer Fredric $295,000 --
-- -- --
-- -- --
-- $132,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $295,000 0.0% $307 / Sq Ft
08/05/2022 08/05/22 For Sale $295,000 -- $307 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
Source: Northern Michigan MLS

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
2025 $3,964 $124,700 $0 $0
2024 $3,187 $106,500 $0 $0
2023 $3,043 $68,900 $0 $0
2022 $2,430 $72,700 $0 $0
2021 $2,348 $68,900 $0 $0
2020 $2,310 $63,100 $0 $0
2019 $2,300 $61,900 $0 $0
2018 $2,245 $64,000 $0 $0
2017 -- $59,600 $0 $0
2016 -- $57,700 $0 $0
2014 -- $48,900 $0 $0
2012 -- $54,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Flynn

    Seller's Agent in 2022

    Beth Flynn

    @properties Christie's International Real Estate - Petoskey

    (231) 373-3400

    1 in this area

    69 Total Sales

    Beth Flynn
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Map

Source: Northern Michigan MLS

MLS Number: 469523

Northern Michigan MLS

APN: 03-780-001-00

Michigan Grand Traverse County Traverse City 49686

4740 N Indian Lake Rd, Traverse City, MI

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.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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