NOT LISTED FOR SALE

50850 Summit Ridge Trail Unit 47 South Bend, IN 46628

Estimated Value: $268,000 - $738,000

1.1 Acres
$540,879 Price per Acre
47,698 Sq Ft Lot

Last Sold December 23, 2015

Last sale price $33,500

Est. 1,668% increase in value since last sale

Current estimated payment $3,702/month

664 Days on Market

About This Lot

As of December 2015

AMAZING LOT IN PORTAGE WOODS!!! BIG PRICE REDUCTION! Get away from it all by building the home of your dreams in this wonderful serene neighborhood of wooded and lake front home sites. This Lot is over an acre and located on a Large Private Pond. This Lot would be great for a walkout basement. Portage Woods is conveniently located within 10 minutes of South Bend, Notre Dame, and Southern Michigan.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 02/07/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tim Murray

Coldwell Banker Real Estate Group Listed on: 02/07/2014

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,395

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 130 x 300
  • 207 Feet of Waterfront
  • Lake Front
  • 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 71-03-09-476-018.000-008

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

$6,395

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 47, Portage Woods, Section One |
  • Parcel Number ID: 71-03-09-476-018.000-008
  • Platted: Yes
  • Cross Street: Brick Rd and Portage
  • Grid: German
  • Planned Unit Dev: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 83.75
  • Parcel Description: Lake, Partially Wooded
  • Restrictions: Building Restrictions, Restrictions, Zoning Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2013
  • Special Features: RealEstateOwned

Exterior Features

  • Water Frontage: 207
  • 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: 130 x 300
  • Estimated Lot Sq Ft: 47689
  • Estimated Lot Size Acres: 1.095
  • Lot Number: 47
  • Easements: Yes

Tax Info

  • Annual Taxes: 5

Multi Family

  • Water Access: Lakefront

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
Feb 7, 2014
Closed on
Dec 21, 2015
Sold by
Calhoun Patrick W and Calhoun Patricia J
Bought by
Hall Sean E and Hall Alexandria R
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$60,000
Sold Price
$33,500
Premium/Discount to List
-$26,500
-44.17%
Current Estimated Value
$592,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,763
Avg. Annual Appreciation
34.10%
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
Hall Sean E -- Meridian Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $33,500 -44.2% --
12/03/2015 12/03/15 Pending -- -- --
02/07/2014 02/07/14 For Sale $60,000 -- --
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 $6,395 $521,200 $212,700 $308,500
2023 $6,352 $541,500 $212,700 $328,800
2022 $6,779 $545,100 $212,700 $332,400
2021 $6,536 $525,100 $39,500 $485,600
2020 $6,182 $497,100 $38,200 $458,900
2019 $4,850 $482,300 $36,700 $445,600
2018 $5,194 $427,800 $31,400 $396,400
2017 $5,373 $420,500 $31,400 $389,100
2016 $243 $24,200 $24,200 $0
2014 $610 $24,200 $24,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Murray

    Seller's Agent in 2015

    Tim Murray

    Coldwell Banker Real Estate Group

    (574) 286-3944

    347 Total Sales

    Tim Murray
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Map

Source: Indiana Regional MLS

MLS Number: 201402805

Indiana Regional MLS

APN: 71-03-09-476-018.000-008

Indiana St Joseph County South Bend 46628

50850 Summit Ridge Trail Unit 47, South Bend, IN

This home is located at 50850 Summit Ridge Trail Unit 47, South Bend, IN 46628 since 07 February 2014 and is currently estimated at $592,263. 50850 Summit Ridge Trail Unit 47 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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