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(SOLD) $284,500

516 Michigan Trail Lakeville, IN  46536-7730

  • 3 Beds
  • 3 Baths
  • 1,766 sq. Ft

Property Description for 516 Michigan Trail Lakeville, IN 46536-7730

Multiple Offers Received. Highest and Best by 12:00pm on 1/16/24. This 3 bedroom, 3 bathroom ranch home is located in a quiet neighborhood near Pleasant Lake and directly across the street from Lakeside Baptist Church. As you step inside, the vinyl plank flooring guides you into the living room featuring a gas log fireplace. The kitchen is spacious, with stainless steel appliances and granite countertops. Continuing down the hall, you'll discover the primary bedroom with an en-suite bathroom and a walk-in closet, along with two additional bedrooms off the living room. Downstairs is a partially finished basement with three extra rooms, perfect for an office, gym, or guests. Sitting on almost half an acre, the outside provides an inviting outdoor space with a large deck and a fire pit, creating an ideal setting for outdoor gatherings. Other notable features includes: metal roof-installed 2020, murphy door in basement, new furnace & a/c unit(2018), Fiber optics wifi, saferoom, and more! Schedule your showing today!

Address:516 Michigan Trail Lakeville IN 46536-7730
Status:Sold
Sold On: 2/14/2024
Price:$275,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:1,766
Year Built:2004
Lot Size:0.47
County: St. Joseph County
Township: Union
School System : Union-North United
MLS #:202342193
Property Type:Site-Built Home

Lot Dimensions:120X170
Lot Description:Partially Wooded,0-2.9999,Lake
Directions:South on Michigan St, left on Lake Trail, right on Michigan Trail, property will be on the left.
Total Sq. Ft. :1,766
Garage:Attached
Basement:Yes

Loan Price
$1,759
Price And Interest $1,484/month
Property Tax $156/month
MTG INS $0/month
HOME INS $119/month
Price
$284,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$156/month
Home Owner Insurance
$1,428 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 11 Main
2nd Bedroom 14 x 10 Main
3rd Bedroom 12 x 12 Main
Kitchen 22 x 12 Main
Living Room 28 x 15 Main

Semi-Annual Property Tax:$937
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46536-7730

School System:Union-North United
High School:Laville
Middle School:Laville
Elementary School:Laville

Total Sq. Ft.:1,766
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Air Purifier/Air Filter, Dryer-Gas
Exterior Features:Vinyl
Fuel:Forced Air
Fireplace(s):Gas Log
Cool:Attic Fan, Central Air
Heat:Forced Air
Total Rooms:6

Schools in 516 Michigan Trail Lakeville, IN  46536-7730


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Listing provided courtesy of Stephanie Stephens with Weichert Rltrs-J.Dunfee&Assoc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Lakeville Market Report

69
Avg. DOM
$146.58
Avg. $ / Sq.Ft.
$ 359,900
Med. List Price

The house prices in Lakeville are indeed dropping at the moment. There has been a decrease in price of $150,466.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lakeville are going Down. The average house price is $332,450.00 and the average price per square feet is $144.17 per square feet. At the moment, the amount of homes listed is exactly 52 houses, with 8 with active status, 5 with pending status and 39 sold in Lakeville .

The most popular place to buy a home in Lakeville is . is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lakeville .

The average amount of property taxes you would have to pay for a home in Lakeville is $3,517.31. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lakeville are staying listed for an average of 92 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lakeville was 668 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Lakeville is $1,250,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lakeville is $220,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lakeville in year 1899 and the newest built house is in year 2024.

The average size of properties in Lakeville is 3060.13 sq.ft. , the biggest one being 7198 sq.ft. and the smaller being 1452 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.