NOT LISTED FOR SALE

50791 Summit Ridge Trail South Bend, IN 46628

Estimated Value: $383,000 - $742,000

3 Beds
3.5 Baths
2,402 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $425,095 $177 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,420/month

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 3 Car Attached Garage
  • Craftsman Architecture
  • Partially Wooded Lot
  • 1-Story Property

About This Home

As of February 2018

NEW CONSTRUCTION BY RUSK BUILDERS! BRAND NEW RANCH FLOOR PLAN OFFERS 3 CAR GARAGE, OPEN CONCEPT, SPLIT BEDROOMS, FORMAL DINING ROOM COVERED REAR PORCH OVERLOOKING POND WITH FOUNTAIN LOCATED IN BEAUTIFUL WOODED PORTAGE WOODS ON THE WATER! ALL BEDROOMS HAVE LARGE WALK IN CLOSETS. BASEMENT IS PLUMBED FOR A FULL BATH AND WALLS ARE UP AND READY TO FINISH IF BUYERS DESIRE TO DO SO.

Last Agent to Sell the Property

Paul Thurston

Open Door Realty, Inc Listed on: 02/23/2018

Last Buyer's Agent

Paul Thurston

Open Door Realty, Inc Listed on: 02/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 2017

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 120 x 318
  • Waterfront
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR Qualified Equipment for Heating
  • ENERGY STAR/Reflective Roof
  • Energy-Efficient Thermostat

Outdoor Features

  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System

Community Details

  • Built by RUSK BUILDERS INC

Listing and Financial Details

  • Assessor Parcel Number 71-03-09-476-037.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,419

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2017
  • Age: 1
  • Style: One Story
  • Architectural Style: Craftsman
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 79 SECTION 1 PORTAGE WOODS |
  • Parcel Number ID: 71-03-09-476-037.000-008
  • Platted: Yes
  • Builder Name: RUSK BUILDERS INC
  • New Construction: Spec
  • Section Number: 1
  • Sp Lp Percent: 107.65
  • Special Features: None

Interior Features

  • Total Sq Ft: 4804
  • Total Finished Sq Ft: 2402
  • Above Grade Finished Sq Ft: 2402
  • Below Grade Sq Ft: 2402
  • Price Per Sq Ft: 176.98
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 14x15, On Level: Main
  • Bedroom 3: Dimensions: 12x14, On Level: Main
  • Main Level Sq Ft: 2402
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2402

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Energy Star A/C, Energy Star Heating
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Marquette
  • Middle School: Brown
  • High School: Clay

Lot Info

  • Lot Description: Partially Wooded, Waterfront
  • Lot Dimensions: 120 X 318
  • Estimated Lot Sq Ft: 38160
  • Estimated Lot Size Acres: 0.84
  • Lot Number: 79

Green Features

  • Energy Efficient: Doors, Electrical/Lighting, HVAC, Insulation, Roofing, Thermostat/Controllers, Water Heater, Windows
  • Energy Efficient Windows/Doors: Energy Star Doors, Energy Star Windows

Tax Info

  • Annual Taxes: 19
  • Total Assessed Value: 700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Feb 23, 2018
Sold by
Rusk Builders Inc
Bought by
Gilman Matthew S and Gilman Bridget
Seller's Agent
Paul Thurston
Open Door Realty, Inc
Buyer's Agent
Paul Thurston
Open Door Realty, Inc
List Price
$394,900
Sold Price
$425,095
Premium/Discount to List
$30,195
7.65%
Current Estimated Value
$573,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,159
Avg. Annual Appreciation
4.00%
Original Mortgage
$340,000
Outstanding Balance
$288,310
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$284,944

Purchase Details

Listed on
Dec 9, 2013
Closed on
Mar 18, 2016
Sold by
Barak Group Llc
Bought by
Rusk Builders Inc
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Paul Thurston
Open Door Realty, Inc
List Price
$45,000
Sold Price
$42,300
Premium/Discount to List
-$2,700
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
228.53%
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
Gilman Matthew S -- Metropolitan Title
Rusk Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilman Matthew S $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2018 02/23/18 Sold $425,095 +7.6% $177 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $394,900 +833.6% $164 / Sq Ft
03/18/2016 03/18/16 Sold $42,300 -6.0% $9 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
12/09/2013 12/09/13 For Sale $45,000 -- $9 / Sq Ft
Source: Indiana Regional 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
2024 $4,419 $389,000 $143,700 $245,300
2023 $4,376 $393,100 $143,700 $249,400
2022 $4,857 $395,800 $143,700 $252,100
2021 $4,863 $391,100 $26,700 $364,400
2020 $4,752 $382,400 $25,800 $356,600
2019 $3,718 $367,500 $24,800 $342,700
2018 $3,869 $330,500 $21,800 $308,700
2017 $56 $700 $700 $0
2016 $39 $800 $800 $0
2014 $20 $800 $800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201807055

Indiana Regional MLS

APN: 71-03-09-476-037.000-008