NOT LISTED FOR SALE

50861 Summit Ridge Trail Unit 81 South Bend, IN 46628

Estimated Value: $412,000 - $688,000

3 Beds
3.5 Baths
2,893 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $493,894 $171 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,605/month

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Custom Home
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of August 2020

Pre Sold - NEW HOME by Lara Luxury Homes constructed by Barry Gerard. This wonderful ranch home is located within the Portage Woods neighborhood on a 1.05-acre waterfront lot. This excellent Ranch Floor plan features open living areas with 10-foot ceilings in the Great Room, dining and kitchen. The master suite has carpet, a walk-in closet, and bath with walk in tile shower. The second bedroom also has a large walk-in closet and attached bathroom. Other features of the home include; a half bath, a first floor laundry, a finished family room, bedroom and bathroom in the lower level, and a spacious 3-car garage.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 04/02/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tim Murray

Coldwell Banker Real Estate Group Listed on: 04/02/2020

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,010

Year Built

  • Built in 2020

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 132x362
  • Waterfront
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Irrigation

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • 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
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Lake, Pond or Stream
  • Suburban Location

Community Details

  • Portage Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-03-09-476-039.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,010

Year Built

Built in 2020

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2020
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 81 PORTAGE WOODS SECTION ONE NP#3019 5/12/09
  • Parcel Number ID: 71-03-09-476-039.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling-9+, 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, Utility Sink, Stand Up Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Sump Pump
  • Cross Street: Brick Rd and Portage
  • Location: City/Town/Suburb
  • New Construction: Custom
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3880
  • Total Finished Sq Ft: 2893
  • Above Grade Finished Sq Ft: 1940
  • Below Grade Finished Sq Ft: 953
  • Below Grade Sq Ft: 987
  • Price Per Sq Ft: 254.58
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Bedroom 1: Dimensions: 17x15, On Level: Main
  • Bedroom 2: Dimensions: 13x17, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Lower
  • 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: 1940

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: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: Pond
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • 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: Level, Waterfront
  • Lot Dimensions: 132X362
  • Estimated Lot Sq Ft: 45738
  • Estimated Lot Size Acres: 1.05
  • Lot Number: 81

Tax Info

  • Annual Taxes: 16
  • 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
Apr 2, 2020
Closed on
Sep 2, 2020
Sold by
Lara Luxury Homes Llc
Bought by
Jones Edward L
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$467,500
Sold Price
$493,894
Premium/Discount to List
$26,394
5.65%
Current Estimated Value
$593,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,767
Avg. Annual Appreciation
3.67%
Original Mortgage
$339,254
Outstanding Balance
$301,618
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,043

Purchase Details

Listed on
Apr 2, 2020
Closed on
Aug 27, 2020
Sold by
Lara Luxury Homes Llc
Bought by
Jones Edward L
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$467,500
Sold Price
$493,894
Premium/Discount to List
$26,394
5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,254
Outstanding Balance
$301,618
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,043

Purchase Details

Closed on
May 10, 2019
Sold by
Barak Group Llc
Bought by
Lara Luxury Homes Llc
Source: Public Records

Range of Values:

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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
Jones Edward L -- None Listed On Document
Lara Luxury Homes Llc -- Fidelity National Title
Jones Edward L $451,207 Drake Andrew R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Edward L $339,254
Closed Jones Edward L $339,254
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $493,894 0.0% $171 / Sq Ft
08/19/2020 08/19/20 Price Changed $493,894 +5.6% $171 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $467,500 -- $162 / 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 $5,010 $430,600 $203,100 $227,500
2023 $4,889 $433,600 $203,100 $230,500
2022 $5,334 $433,600 $203,100 $230,500
2021 $4,675 $375,300 $37,700 $337,600
2020 $67 $700 $700 $0
2019 $16 $800 $800 $0
2018 $20 $900 $900 $0
2017 $24 $1,000 $1,000 $0
2016 $47 $1,100 $1,100 $0
2014 $28 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Murray

    Seller's Agent in 2020

    Tim Murray

    Coldwell Banker Real Estate Group

    (574) 286-3944

    348 Total Sales

    Tim Murray
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Map

Source: Indiana Regional MLS

MLS Number: 202011856

Indiana Regional MLS

APN: 71-03-09-476-039.000-008

Indiana St Joseph County South Bend 46628

50861 Summit Ridge Trail Unit 81, South Bend, IN

This home is located at 50861 Summit Ridge Trail Unit 81, South Bend, IN 46628 since 02 April 2020 and is currently estimated at $593,661, approximately $205 per square foot. This property was built in 2020. 50861 Summit Ridge Trail Unit 81 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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