NOT LISTED FOR SALE

50921 Forest Lake Trail Unit 62 South Bend, IN 46628

Estimated Value: $392,000 - $578,000

3 Beds
2.5 Baths
2,441 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $295,000 $121 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,821/month

707 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Great Room
  • Open Floorplan
  • Backs to Open Ground
  • Stone Countertops

About This Home

As of July 2020

A new ranch home by Lara Luxury Homes constructed by Barry Gerard in Portage Woods which offers 3 bedrooms, 2.5 bathrooms, and a partially finished lower level. The main level of the home features wood-like laminate and ceramic tile flooring, 10-foot ceilings in the foyer, great room, kitchen, and dining, and a 2-car garage. The great room includes a gas log fireplace and opens to the kitchen with breakfast bar, stainless appliances, and access to the mud/laundry room. The main level master suite has a large walk-in closet and bath with double sink vanity and stand-up shower. Two additional bedrooms share access to a full jack n' jill bath with double sink vanity and tub/shower combo. Downstairs, enjoy a finished family room with carpet.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 06/27/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tim Murray

Coldwell Banker Real Estate Group Listed on: 06/27/2018

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 2018

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 113x219
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Irrigation

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 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
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

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

  • Patio
  • Suburban Location

Community Details

  • Built by Lara Luxury Homes by Barry Gerard
  • Portage Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-03-09-476-008.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,662

Year Built

Built in 2018

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2018
  • Age: 2
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 62 PORTAGE WOODS SECTION ONE |
  • Parcel Number ID: 71-03-09-476-008.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Disposal, Foyer Entry, Garage Door Opener, Irrigation System, Landscaped, Open Floor Plan, Pantry-Walk In, Patio Open, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry
  • Builder Name: Lara Luxury Homes by Barry Gerard
  • Cross Street: Brick Rd and Portage
  • Location: City/Town/Suburb
  • New Construction: Spec
  • Sp Lp Percent: 92.8
  • County Zoning: Unknown
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3832
  • Total Finished Sq Ft: 2441
  • Above Grade Finished Sq Ft: 1916
  • Below Grade Finished Sq Ft: 525
  • Below Grade Sq Ft: 1391
  • Price Per Sq Ft: 153.97
  • 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, Laminate
  • Bedroom 1: Dimensions: 17x16, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1916

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • 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
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 270
  • 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
  • Lot Dimensions: 113x219
  • Estimated Lot Sq Ft: 25221
  • Estimated Lot Size Acres: 0.579

Tax Info

  • Annual Taxes: 17
  • Total Assessed Value: 700

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
Jun 27, 2018
Closed on
Jul 2, 2020
Sold by
Lara Luxury Homes Llc
Bought by
Peare Breanna Nicole
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$339,900
Sold Price
$295,000
Premium/Discount to List
-$44,900
-13.21%
Current Estimated Value
$468,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,393
Avg. Annual Appreciation
9.17%
Original Mortgage
$148,650
Outstanding Balance
$131,813
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$336,580

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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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
Peare Breanna Nicole -- None Available
Lara Luxury Homes Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peare Breanna Nicole $148,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $295,000 -7.2% $121 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $317,900 -1.5% $130 / Sq Ft
11/01/2019 11/01/19 Price Changed $322,900 -3.0% $132 / Sq Ft
09/06/2019 09/06/19 Price Changed $332,900 -2.9% $136 / Sq Ft
06/25/2019 06/25/19 Price Changed $342,900 -3.4% $140 / Sq Ft
06/07/2019 06/07/19 Price Changed $354,900 -1.4% $145 / Sq Ft
03/08/2019 03/08/19 Price Changed $359,900 +5.9% $147 / Sq Ft
06/27/2018 06/27/18 For Sale $339,900 -- $139 / 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 $3,662 $332,700 $132,500 $200,200
2023 $3,619 $333,400 $132,500 $200,900
2022 $4,050 $333,400 $132,500 $200,900
2021 $3,925 $316,700 $24,600 $292,100
2020 $3,509 $282,800 $23,800 $259,000
2019 $3,317 $163,700 $22,900 $140,800
2018 $57 $600 $600 $0
2017 $17 $700 $700 $0
2016 $37 $700 $700 $0
2014 $18 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201827900

Indiana Regional MLS

APN: 71-03-09-476-008.000-008