NOT LISTED FOR SALE

50941 Forest Lake Trail Unit 63 South Bend, IN 46628

Estimated Value: $476,000 - $635,000

0.57 Acre
$934,371 Price per Acre
24,786 Sq Ft Lot

Last Sold November 21, 2017

Last sale price $28,300

Est. 1,779% increase in value since last sale

Current estimated payment $3,180/month

1,430 Days on Market

About This Lot

As of November 2017

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 $44,100. 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! Lot is good for a Lookout Basement.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 12/09/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

Denise Graham

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,000

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 113 x 219
  • 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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 71-03-09-476-009.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$4,000

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 63, Portage Woods, Section One |
  • Parcel Number ID: 71-03-09-476-009.000-008
  • Platted: Yes
  • Cross Street: Brick Rd and Portage
  • Grid: German
  • Planned Unit Dev: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.59
  • Parcel Description: 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: 2012
  • Special Features: RealEstateOwned

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • 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: 113 x 219
  • Estimated Lot Sq Ft: 24776
  • Estimated Lot Size Acres: 0.569
  • Lot Number: 63
  • Easements: Yes

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
Jul 1, 2019
Sold by
Jubilee Builders & Remodeling
Bought by
Wills Michael A and Wills Nikki L
Current Estimated Value
$531,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Outstanding Balance
$271,485
Interest Rate
4%
Estimated Equity
$260,172

Purchase Details

Listed on
Dec 9, 2013
Closed on
Nov 21, 2017
Sold by
Barak Group Llc
Bought by
Jubilee Builders & Remodelling
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Denise Graham
Keller Williams Realty Group
List Price
$27,000
Sold Price
$28,300
Premium/Discount to List
$1,300
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.10%
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
Wills Michael A -- None Available
Jubilee Builders & Remodelling -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wills Michael A $308,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $28,300 +4.8% --
11/08/2017 11/08/17 Pending -- -- --
12/09/2013 12/09/13 For Sale $27,000 -- --
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 $4,000 $357,900 $133,400 $224,500
2023 $3,957 $360,100 $133,500 $226,600
2022 $4,384 $360,100 $133,500 $226,600
2021 $4,420 $356,000 $24,700 $331,300
2020 $4,279 $344,900 $24,000 $320,900
2019 $3,387 $334,400 $23,000 $311,400
2018 $394 $600 $600 $0
2017 $14 $600 $600 $0
2016 $37 $700 $700 $0
2014 $18 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Murray

    Seller's Agent in 2017

    Tim Murray

    Coldwell Banker Real Estate Group

    (574) 286-3944

    347 Total Sales

    Tim Murray
    Section Image
  • Denise Graham

    Buyer's Agent in 2017

    Denise Graham

    Keller Williams Realty Group

    (574) 596-4598

    119 Total Sales

    Denise Graham
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201319480

Indiana Regional MLS

APN: 71-03-09-476-009.000-008

Indiana St Joseph County South Bend 46628

50941 Forest Lake Trail Unit 63, South Bend, IN

This home is located at 50941 Forest Lake Trail Unit 63, South Bend, IN 46628 since 09 December 2013 and is currently estimated at $531,657. 50941 Forest Lake Trail Unit 63 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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