NOT LISTED FOR SALE

50810 Summit Ridge Trail Unit 49 South Bend, IN 46628

Estimated Value: $492,000 - $945,182

0.72 Acre
$969,856 Price per Acre
31,363 Sq Ft Lot

Last Sold December 05, 2014

Last sale price $30,000

Est. 2,228% increase in value since last sale

Current estimated payment $4,212/month

329 Days on Market

About This Lot

As of December 2014

“Get away” from it all by building the home of your dreams in this wonderful serene neighborhood of wooded and lake front home sites. All home sites in this neighborhood are at least ½ acre in size and many will accommodate lookout and walkout basements. Portage Woods is conveniently located within 10 minutes of South Bend, Notre Dame, and Southern Michigan. Easy access to toll road and bypass with shopping and restaurants nearby. Lots currently starting at $25,000 with lake lots starting at $42,000. Building restrictions include ranches starting at 1800 square feet and two story homes starting at 2200 square feet. Builders and homes subject to approval. Start planning your dream home today!

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 12/03/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

Doug Birkey

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,747

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 110 x 280
  • 116 Feet of Waterfront
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Planned Development

Schools

  • Darden Primary Center Elementary School
  • Brown Middle School
  • Clay High School

Utilities

  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-03-09-476-020.000-008

Community Details

Overview

  • Portage Woods Subdivision
  • The community has rules related to building or community restrictions, zoning restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$5,747

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 49, Portage Woods, Section One |
  • Parcel Number ID: 71-03-09-476-020.000-008
  • Platted: Yes
  • Cross Street: Brick Rd and Portage
  • Grid: German
  • Planned Unit Dev: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 60
  • Parcel Description: Partially Wooded, Waterfront
  • Restrictions: Building Restrictions, Restrictions, Zoning Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2012
  • Special Features: RealEstateOwned

Exterior Features

  • Water Frontage: 116
  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic

Condo/Co-op/Association

  • Association Fees: 200
  • Association Fees Frequency: Annually

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Darden Primary Center
  • Middle School: Brown
  • High School: Clay
  • Elementary School: Darden Primary Center

Lot Info

  • Lot Dimensions: 110 x 280
  • Estimated Lot Sq Ft: 31158
  • Estimated Lot Size Acres: 0.72
  • Lot Number: 49
  • Easements: Yes

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Lara Luxury Homes Llc
Bought by
Shamo Stephanie
Current Estimated Value
$698,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,200
Outstanding Balance
$606,758
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$91,538

Purchase Details

Closed on
Aug 29, 2022
Sold by
Lara Luxury Homes Llc
Bought by
Shamo Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,200
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2021
Sold by
Barak Group Llc
Bought by
Lara Luxury Homes Llc

Purchase Details

Closed on
Jul 13, 2021
Sold by
Barak Group Llc
Bought by
Lara Luxury Homes Llc

Purchase Details

Closed on
Mar 25, 2020
Sold by
Ferguson Bruce W and Ferguson Donna J
Bought by
Barak Group Llc

Purchase Details

Listed on
Dec 3, 2013
Closed on
Dec 5, 2014
Sold by
First State Bank Of Middlebury
Bought by
Ferguson Ii Bruce W and Ferguson Donna J
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Doug Birkey
Cressy & Everett - South Bend
List Price
$50,000
Sold Price
$30,000
Premium/Discount to List
-$20,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.69%
Original Mortgage
$25,498
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shamo Stephanie -- --
Shamo Stephanie -- None Listed On Document
Lara Luxury Homes Llc -- --
Lara Luxury Homes Llc -- None Available
Barak Group Llc -- Fidelity National Title
Ferguson Ii Bruce W -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamo Stephanie $627,200
Previous Owner Shamo Stephanie $627,200
Previous Owner Ferguson Ii Bruce W $25,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $30,000 -40.0% --
10/28/2014 10/28/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $50,000 -- --
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 $5,747 $486,900 $148,000 $338,900
2023 $5,704 $497,800 $148,000 $349,800
2022 $2,611 $115,500 $19,000 $96,500
2021 $393 $14,700 $14,700 $0
2020 $416 $14,700 $14,700 $0
2019 $337 $14,700 $14,700 $0
2018 $374 $14,700 $14,700 $0
2017 $386 $14,700 $14,700 $0
2016 $3,542 $143,700 $19,200 $124,500
2014 $20 $800 $800 $0
2013 $19 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Murray

    Seller's Agent in 2014

    Tim Murray

    Coldwell Banker Real Estate Group

    (574) 286-3944

    348 Total Sales

    Tim Murray
    Section Image
  • Doug Birkey

    Buyer's Agent in 2014

    Doug Birkey

    Cressy & Everett - South Bend

    (574) 292-5096

    259 Total Sales

    Doug Birkey
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201319110

Indiana Regional MLS

APN: 71-03-09-476-020.000-008

Indiana St Joseph County South Bend 46628

50810 Summit Ridge Trail Unit 49, South Bend, IN

This home is located at 50810 Summit Ridge Trail Unit 49, South Bend, IN 46628 since 03 December 2013 and is currently estimated at $698,296. 50810 Summit Ridge Trail Unit 49 is a home located in St. Joseph County with nearby schools including Coquillard Primary Center, Dickinson Fine Arts Academy, and Clay High School.

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.

Indiana Regional 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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