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$310,000

516 Michigan Trail Lakeville, IN  46536

  • 3 Beds
  • 3 Baths
  • 2,727 sq. Ft

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Property Description for 516 Michigan Trail Lakeville, IN 46536

Sitting on just under a half acre, this 3 bedroom (possible 4), 3 bath home has everything you need! Built in 2004, this home has a newly finished lower level and so much space for everyone! As you walk in the front door, you are greeted by an inviting stone fireplace, board and batten walls and new vinyl plank flooring! The inviting kitchen is complete with a breakfast bar, a dining area and all appliances. You will find a main floor owner's ensuite with a walk-in closet and private bath. This split bedroom floor plan also includes two more bedrooms and a full bath on the main level. In the lower level, you will have all the space you need for relaxing and entertaining. A large family room, a possible 4th bedroom with a private bath and a spacious walk-in closet or den. Lots of storage space along with a private safe room currently used as an indoor shooting range. Home Details: Finished lower level in 2024/2024, fenced in yard, maintenance free back deck, covered front porch, main floor laundry room, 2 car attached garage, secret storage room behind bookcase in lower level bedroom, kitchen pantry.

Address:516 Michigan Trail Lakeville IN 46536
Status:Active
on site: 3 hrs 12 mins
Price:$310,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,727
Year Built:2004
Lot Size:0.47
County: St. Joseph County
Township: Union
School System : Union-North United
MLS #:202447231
Property Type:Site-Built Home

Lot Dimensions:120X170
Lot Description:0-2.9999
Directions:Take US-30 W & US-31 N to IN-931/Michigan Rd in La Paz for 34 mi. Follow IN-931 to Michigan Trail in Lakeville. Turn right onto IN-931/Michigan Rd & continue for 5 mi. Turn right onto Lake Trail then right onto Michigan Trail. Home will be on left.
Total Sq. Ft. :2,727
Garage:Attached
Basement:Yes

Loan Price
$1,902
Price And Interest $1,617/month
Property Tax $156/month
MTG INS $0/month
HOME INS $129/month
Price
$310,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$156/month
Home Owner Insurance
$1,548 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 12 Main
2nd Bedroom 1413 x 10 Main
3rd Bedroom 12 x 11 Main
Kitchen 12 x 11 Main
Family Room 18 x 25 Lower
Dining Room 9 x 11 Main
Living Room 20 x 15 Main

Semi-Annual Property Tax:$935
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46536

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

Total Sq. Ft.:2,727
Appliances:Dishwasher, Microwave, Refrigerator, Oven-Gas, Range-Gas
Exterior Features:Vinyl
Fuel:Forced Air
Fireplace(s):Living/Great Rm, Gas Starter
Cool:Attic Fan, Central Air
Heat:Forced Air
Total Rooms:16

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Listing provided courtesy of Julie Hall with Patton Hall Real Estate

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

87
Avg. DOM
$188.49
Avg. $ / Sq.Ft.
$ 335,000
Med. List Price

The house prices in Lakeville are not dropping at the moment. There has been a increase in price of $62,100.00. 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 Up. The average house price is $349,900.00 and the average price per square feet is $189.62 per square feet. At the moment, the amount of homes listed is exactly 45 houses, with 9 with active status, 6 with pending status and 30 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 $2,286.01. 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 73 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 195 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Lakeville is $1,350,000.00. 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 $70,000.00 . 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 1878 and the newest built house is in year 2024.

The average size of properties in Lakeville is 2125.22 sq.ft. , the biggest one being 3111 sq.ft. and the smaller being 1022 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.