NOT LISTED FOR SALE

50844 Forest Lake Trail Unit 75 South Bend, IN 46628

Estimated Value: $406,000 - $688,000

3 Beds
2.5 Baths
2,546 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $395,000 $155 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,293/month

106 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Ranch Style House
  • Waterfront
  • Lake, Pond or Stream
  • Partially Wooded Lot

About This Home

As of July 2018

150. NEW HOME by Lara Luxury Homes constructed by Barry Gerard. This wonderful ranch home is located within the Portage Woods neighborhood on a 0.7-acre waterfront lot. This excellent Ranch Floor plan features open living areas with 10-foot ceilings in the Great Room and kitchen, a spacious kitchen island and breakfast bar, a finished family room in the lower level, a first floor laundry and a spacious 3-car garage. The master suite has carpet, a walk-in closet, and bath with double sinks, a five foot tile shower, and ceramic tile floors. The other two first floor bedrooms are connected with a Jack and Jill bathroom...Upgraded interior finishes include engineered hardwood floors throughout the kitchen and living areas, tile flooring in all baths/laundry, pre-wired for surround sound/internet & alarm, extensive recessed lighting, built-ins, upgraded trim package, granite kitchen counters, and deluxe stainless appliances. Call for more information today! Estimated completion date May 2018.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 10/20/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tim Murray

Coldwell Banker Real Estate Group Listed on: 10/20/2017

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 2017

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 114x228
  • Waterfront
  • Backs to Open Ground
  • Landscaped
  • Irrigation
  • Partially Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Portage Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-03-09-476-033.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,268

Year Built

Built in 2017

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2017
  • Age: 1
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 75 PORTAGE WOODS SECTION ONE |
  • Parcel Number ID: 71-03-09-476-033.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Disposal, Dryer Hook Up Gas, Foyer Entry, Garage Door Opener, Irrigation System, Landscaped, Open Floor Plan, Pantry-Walk In, Porch Covered, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry
  • Cross Street: Brick Rd and Portage
  • Location: City/Town/Suburb
  • New Construction: Spec
  • Sp Lp Percent: 105.33
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3816
  • Total Finished Sq Ft: 2546
  • Above Grade Finished Sq Ft: 1908
  • Below Grade Finished Sq Ft: 638
  • Below Grade Sq Ft: 1270
  • Price Per Sq Ft: 207.02
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood Floors
  • Bedroom 1: Dimensions: 17x16, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1908

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 35x22
  • Garage Sq Ft: 770
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: AT&T
  • Hvac: High Efficiency Furnace
  • Water Type: Pond
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 320
  • 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 Description: Partially Wooded, Waterfront
  • Lot Dimensions: 114x228
  • Estimated Lot Sq Ft: 30492
  • Estimated Lot Size Acres: 0.7

Tax Info

  • Annual Taxes: 39
  • Total Assessed Value: 800

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

Listed on
Oct 20, 2017
Closed on
Jul 10, 2018
Sold by
Barak Group Llc
Bought by
Ryback Scott J and Ryback Karen M
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
Current Estimated Value
$546,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,850
Avg. Annual Appreciation
4.58%
Original Mortgage
$316,000
Outstanding Balance
$273,861
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$272,989
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
Ryback Scott J -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryback Scott J $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $395,000 +5.3% $155 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $375,000 -- $147 / 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 $4,268 $380,200 $136,000 $244,200
2023 $4,225 $381,200 $136,000 $245,200
2022 $4,706 $383,800 $136,000 $247,800
2021 $4,773 $384,000 $25,200 $358,800
2020 $4,665 $375,500 $24,400 $351,100
2019 $3,652 $360,900 $23,500 $337,400
2018 $47 $700 $700 $0
2017 $58 $800 $800 $0
2016 $39 $800 $800 $0
2014 $23 $900 $900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201748182

Indiana Regional MLS

APN: 71-03-09-476-033.000-008