NOT LISTED FOR SALE

55400 Cedar Trail Mishawaka, IN 46545

Estimated Value: $348,000 - $507,254

1.06 Acres
$401,240 Price per Acre
46,174 Sq Ft Lot

Last Sold January 23, 2018

Last sale price $29,000

Est. 1,367% increase in value since last sale

Current estimated payment $2,532/month

145 Days on Market

About This Lot

As of January 2018

VACANT RESIDENTIAL LAND. BUILD YOUR OWN HOME ON THIS 1 ACRE LOT. NICE, PRIVATE/QUIET LOT AND LOCATION TUCKED OFF OF MCKINLEY HWY. ON CEDAR TRL. SINGLE HOME BUILT ON ONE OF THE ADJACENT LOTS, BACK 4 LOTS RECENTLY PURCHASED FOR ANOTHER SINGLE HOME. DON'T MISS OUT ON THIS LAST 1 ACRE LOT! LOCATED IN EAST MISHAWAKA, JUST EAST OF BITTERSWEET RD., BETWEEN BITTERSWEET AND BIRCH. ONLY 1 MILE FROM PENN HIGH SCHOOL.

Last Agent to Sell the Property

John Piraccini

Coldwell Banker Real Estate Group Listed on: 07/12/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

James Clauson

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,568

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 185x369
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)

Schools

  • Elsie Rogers Elementary School
  • Schmucker Middle School
  • Penn High School

Listing and Financial Details

  • Assessor Parcel Number 71-10-05-153-005.000-031

Property Details

Property Type

Land

Est. Annual Taxes

$2,568

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 2 CLAYTONS GLEN NP #250 1/12/10 |
  • Parcel Number ID: 71-10-05-153-005.000-031
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 85.29
  • Parcel Description: Level
  • Type of Sale: Traditional
  • Type Use: Residential
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Public
  • Sewer Type: Public

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elsie Rogers
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Elsie Rogers

Lot Info

  • Lot Dimensions: 185X369
  • Estimated Lot Sq Ft: 46174
  • Estimated Lot Size Acres: 1.06
  • Easements: Yes

Tax Info

  • Annual Taxes: 48

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2018
Sold by
Place Homes Inc
Bought by
Heisler Nancy L and Herbst Scott A
Current Estimated Value
$425,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2018
Sold by
Place Homes Inc
Bought by
Heisler Nancy L and Herbst Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jan 20, 2018
Sold by
Salustro Gary and Heidner David R
Bought by
Place Homes Inc
Seller's Agent
John Piraccini
Coldwell Banker Real Estate Group
Buyer's Agent
James Clauson
Keller Williams Realty Group
List Price
$34,000
Sold Price
$29,000
Premium/Discount to List
-$5,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.96%
Original Mortgage
$238,590
Interest Rate
3.94%
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
Heisler Nancy L $372,400 Metropolitan Title
Heisler Nancy L -- Metropolitan Title
Place Homes Inc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heisler Nancy L $272,500
Closed Heisler Nancy L $272,500
Closed Heisler Nancy L $280,000
Closed Heisler Nancy L $280,000
Previous Owner Place Homes Inc $238,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2018 01/23/18 Sold $29,000 -14.7% --
12/04/2017 12/04/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $34,000 -- --
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 $2,568 $418,100 $93,200 $324,900
2023 $2,948 $408,000 $93,200 $314,800
2022 $2,948 $303,100 $26,200 $276,900
2021 $2,729 $250,700 $1,300 $249,400
2020 $2,435 $253,400 $1,300 $252,100
2019 $2,467 $253,800 $1,500 $252,300
2018 $7 $1,600 $1,600 $0
2017 $85 $1,800 $1,800 $0
2016 $91 $2,100 $2,100 $0
2014 $48 $2,200 $2,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201733940

Indiana Regional MLS

APN: 71-10-05-153-005.000-031