Home for Sale at 26201 Madison Road Option 2 Road, North Liberty, IN 46554

26201 Madison Road Option 2 Road
North Liberty, IN 46554

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Property Details

List Price:	$3,200,000
Beds:	7
Baths:	5
Status:	Active
SqFt:	8687
Agency:	Mossy Oak Properties/Indiana Land and Lifestyle

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Description/Comments

Lot Size:	110 acre(s)
Property Type:	Residential
Year Built:	2008
Notes:	The 110 +/- acre (willing to split off house ). Madison Road country estate in northern Indiana is breathtaking and a must see! Sitting back a 1/2-mile-long secluded and winding, tree lined driveway sits this 8,687 Sq Ft custom-built home featuring 7 bedrooms and 4.5 bathrooms. Upon entering the home, you will notice the great room with 18'-foot ceilings featuring a floor to ceiling masonry fireplace which includes a one-of-a-kind waterfall to give you sounds of nature from the comfort of your home. Enjoy cooking and entertaining in the luxurious kitchen containing custom built cabinetry, hickory floors, and granite countertops. Just off the kitchen area is your formal dining room with access to the screened in porch for additional seating space. The main level also features a large primary bedroom suite complete with a fireplace and entrance to the back deck to enjoy those evening sounds of surrounding wildlife. Upstairs you will find 5 additional large bedrooms and 2 bathrooms. Featured in the lower level is a workout room, a wet bar, and an additional large room, but if you are looking to give your guests an epic experience, enjoy a movie in your private theatre room with seating and surround sound. Walkout from the lower level to the nature lover's paradise of a backyard where you will commonly see deer, fox, and turkey. The attached garage offers a 4-car parking space with an additional pole barn more storage/workshop area. The one-of-a-kind tree house was one of the families' favorites. Trails meander throughout the property with one trail leading out to the flower garden and flower covered pergola as you enter into the pool house/pool entertainment area. The pool house consists of a spacious living room, kitchen, and bathroom. The pool is a 20X50 oversized pool with depth of up to 10' making it a great are to hold those summer pool parties and cookouts. The 3-acre pond is just beyond the pool area through the alfalfa field. This pond is stocked with bass and hybrid fish. It's nothing to catch 30 fish in an hour. The property offers an easy 20-minute commute to downtown South Bend, IN and less than 30 minutes from Notre Dame University. Downtown Chicago, IL is less than 2 hours away
MlsNumber:	202410865

Listing Provided By:	Mossy Oak Properties/Indiana Land and Lifestyle, original listing
Name:	Mossy Oak Properties/Indiana Land and Lifestyle
Phone:	(812) 230-4503
Office Name:	Mossy Oak Properties/Indiana Land and Lifesty
Office Phone:	(812) 230-4503
Agent Name:	Brecken Kennedy
Disclaimer:	Copyright Â© 2024 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

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