NOT LISTED FOR SALE

58 Magnolia Trail Michigan City, IN 46360

Estimated Value: $577,289 - $625,000

3 Beds
3 Baths
2,252 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $535,000 $238 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,753/month

81 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Home Security System

About This Home

As of June 2024

Buyer's agent to verify taxes, rooms sizes and schools. Listing office does not hold earnest money. Prelim title started at Meridian Title.
HOA/POA-Monthly Amt:185.00

Last Agent to Sell the Property

Jay Tenuta

Coldwell Banker 1st Choice License #RB14041752 Listed on: 02/12/2024

Coldwell Banker 1st Choice

Last Buyer's Agent

Heidi Picard

@properties/Christie's Intl RE License #RB22002443

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,369

Year Built

  • Built in 2016

Lot Details

  • 1.6

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Pool
  • 1.6 Acre Lot

Community Details

  • Francis Freeman Association, Phone Number (312) 285-5650
  • Woodlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460125101019000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,369

Year Built

Built in 2016

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Open Lot
  • ResoPoolFeatures: In Ground
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA624
  • Subdivision Name: Woodlands
  • Above Grade Finished Sq Ft: 2252
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator, Range Hood, Microwave, Gas Range, Dryer
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Crawl Space
  • Flooring: Hardwood, Tile
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 1.6
  • Construction Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street, Heated Garage

Utilities

  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2220
  • Association Fee Frequency: Annually
  • Association Name: Francis Freeman
  • Phone: 312-285-5650
  • Association: Yes

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 69696
  • Parcel #: 460125101019000022

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 18, 2024
Sold by
Williams Benjamin M
Bought by
Rowland Mark S and Rowland Sandra D
Seller's Agent
Jay Tenuta
Coldwell Banker 1st Choice
Buyer's Agent
Heidi Picard
@properties/Christie's Intl RE
List Price
$624,900
Sold Price
$535,000
Premium/Discount to List
-$89,900
-14.39%
Views
182
Current Estimated Value
$599,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,572
Avg. Annual Appreciation
8.29%
Original Mortgage
$428,000
Outstanding Balance
$422,611
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$176,961

Purchase Details

Listed on
Apr 19, 2019
Closed on
Nov 12, 2019
Sold by
Seitz Frederick L
Bought by
Williams Benjamin M
Seller's Agent
Bobbie Cavic
Coldwell Banker Realty
Buyer's Agent
Bryon Eigenmann
LaPorte County Realty, Inc.
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$328,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 19, 2017
Sold by
Ff Ii Llc
Bought by
Seitz Frederick L
Seller's Agent
Roberta Cavic
Century 21 Affiliated
Buyer's Agent
Nonmember Agent
Non Member
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Bk Development Llc
Bought by
Ff Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,450
Interest Rate
3.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rowland Mark S -- Meridian Title
Williams Benjamin M -- None Available
Seitz Frederick L -- None Available
Ff Ii Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowland Mark S $428,000
Previous Owner Williams Benjamin M $328,000
Previous Owner Ff Ii Llc $198,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $535,000 -7.0% $238 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $575,000 -8.0% $255 / Sq Ft
02/12/2024 02/12/24 For Sale $624,900 +52.4% $277 / Sq Ft
11/12/2019 11/12/19 Sold $410,000 0.0% $182 / Sq Ft View Prior Sale
11/11/2019 11/11/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $410,000 +2.8% $182 / Sq Ft
07/20/2017 07/20/17 Sold $399,000 0.0% $198 / Sq Ft View Prior Sale
07/20/2017 07/20/17 Sold $399,000 0.0% $198 / Sq Ft View Prior Sale
07/12/2017 07/12/17 Pending -- -- --
07/05/2017 07/05/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $399,000 0.0% $198 / Sq Ft
03/10/2017 03/10/17 For Sale $399,000 -- $198 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $4,829 $459,500 $105,000 $354,500
2022 $4,297 $415,300 $82,200 $333,100
2021 $3,930 $393,000 $120,000 $273,000
2020 $3,990 $393,000 $120,000 $273,000
2019 $2,788 $274,000 $16,000 $258,000
2018 $2,568 $252,000 $16,000 $236,000
2017 $2,342 $229,400 $16,000 $213,400
2016 $384 $12,800 $12,800 $0
2014 $384 $12,800 $12,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 544670

Northwest Indiana Association of REALTORS®

APN: 46-01-25-101-019.000-022