NOT LISTED FOR SALE

50 Magnolia Trail Michigan City, IN 46360

Estimated Value: $602,000 - $725,000

3 Beds
3 Baths
2,199 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $580,000 $264 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,403/month

238 Days on Market

Highlights

  • Tennis Courts
  • Recreation Room
  • Cathedral Ceiling
  • In Ground Pool
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of May 2022

PRICE REDUCTION. Custom one level living in the coveted Woodlands, just over an hour to Chicago by commuter train or interstate and minutes to Lake Michigan. Share community pool, tennis/basketball courts on just under an acre parcel. Sited just between New Buffalo and Michigan City, the gateway to Harbor Country., and half hour to South Bend/Notre Dame. Two bedroom/2 bath main house, with vaulted open floor plan, large screened porch and rear deck. Possibility porch could become 3rd bedroom. Bonus coach house with full one bedroom/one bath and large living area with kitchenette just adjacent. Spacious 2.5 car garage on lower level. City water and sewer service, and high speed internet complete the package.

Last Agent to Sell the Property

Bobbie Cavic

Coldwell Banker Realty License #RB14024297 Listed on: 09/08/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 2006

Lot Details

  • 0.9 Acre Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cedar Siding

Interior Spaces

  • 2,199 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Screened Porch

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

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

Outdoor Features

  • In Ground Pool
  • Tennis Courts

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 460125101015000022

Community Details

Overview

  • The Woodlands Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,394

Year Built

Built in 2006

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Paved Road, Tennis Court, Wooded
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR920
  • Subdivision Name: The Woodlands
  • Architectural Style: None
  • GNR_Exterior: Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 2220
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Finished Laundry Rm, FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, In Ground Pool, Porch Screened, Tennis Court(s)
  • Acres: 0.9

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street, Other

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Fee: 185

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 39204
  • Parcel #: 460125101015000022

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3394

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
May 23, 2022
Sold by
Barbara Weaver
Bought by
Moe Thomas J
Seller's Agent
Bobbie Cavic
Coldwell Banker Realty
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
$662,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,673
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Bk Development Llc
Bought by
Weaver William and Weaver Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,600
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Moe Thomas J -- Passaro Kahne & Taylor Law Pll
Weaver William -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver William $306,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $580,000 0.0% $264 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
09/08/2021 09/08/21 For Sale $580,000 -- $264 / 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 $8,750 $430,900 $85,900 $345,000
2022 $3,940 $394,000 $71,600 $322,400
2021 $3,362 $336,200 $71,600 $264,600
2020 $3,394 $336,200 $71,600 $264,600
2019 $6,246 $309,900 $71,600 $238,300
2018 $2,919 $287,100 $71,600 $215,500
2017 $2,782 $273,400 $71,600 $201,800
2016 $2,460 $241,200 $38,200 $203,000
2014 $2,908 $290,800 $53,400 $237,400
Source: Public Records

Agents Affiliated with this Home

  • Bobbie Cavic

    Seller's Agent in 2022

    Bobbie Cavic

    Coldwell Banker Realty

    (612) 385-2576

    44 Total Sales

    Bobbie Cavic
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR500358

Northwest Indiana Association of REALTORS®

APN: 46-01-25-101-015.000-022

Indiana La Porte County Michigan City 46360

50 Magnolia Trail, Michigan City, IN

Not Listed for Sale

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