NOT LISTED FOR SALE

1003 E Washington St South Bend, IN 46617

Howard Park-East Bank Neighborhood

Estimated Value: $248,000 - $348,143

4 Beds
2 Baths
2,180 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $246,000 $113 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,363/month

1 Day on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Multiple cooling system units
  • Adams High School Rated A-
  • Shed

About This Home

As of October 2023

This historic property just South of Notre Dame campus has been used as a successful student rental for more than a decade. This home features gorgeous wood details throughout, four bedrooms on the second level, and a finished attic space that can be used as a fifth bedroom. There are also new Mitsubishi heating and cooling units throughout the home. Property is rented for the 24-25 school year at $3000/mo. Tenant rights prevail. Copy of lease available upon request. Lease will transfer to buyer. With updates, this property could easily bring in an increased rent rate for future school years. Maintenance, lawncare, and misc expenses vary by year.

Last Listed By

Alicia Olejnik

McKinnies Realty, LLC Brokerage Phone: 574-220-3702 Listed on: 09/30/2023

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58x116
  • Irregular Lot

Home Design

  • Shingle Siding

Interior Spaces

  • 2,180 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Tarkington Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units

Community Details

  • Pet Restriction

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for lawn maintenance, snow removal
  • Assessor Parcel Number 71-08-12-233-017.000-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1898
  • Age: 125
  • Style: Two and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 54 X 114 Ft E Side Of 113 Ft Sw Lot 16 Cottrells Add To Lowell
  • Parcel Number ID: 71-08-12-233-017.000-026
  • Platted: Yes
  • Amenities: Porch Covered
  • Sp Lp Percent: 98.4
  • Monthly Gross Income: 2750
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2180
  • Total Finished Sq Ft: 2180
  • Above Grade Finished Sq Ft: 2180
  • Price Per Sq Ft: 112.84
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Wood
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Shingle
  • Stories: 2.5
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 110

Utilities

  • Cooling: Multiple Cooling Units, Wall AC
  • Heating Fuel: Electricity, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Tarkington
  • Middle School: Jefferson
  • High School: Adams
  • Elementary School: Tarkington

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 58x116
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Owner Pays: Lawn Maintenance, Snow Removal
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 3000
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 8089

MLS Schools

  • High School: Adams
  • Middle School: Jefferson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 29, 2023
Sold by
Lathrop George R and Lathrop Amy K
Bought by
Lucky Shamrock Llc
Seller's Agent
Alicia Olejnik
McKinnies Realty, LLC
Buyer's Agent
Robert Shannon
Cressy & Everett - South Bend
List Price
$250,000
Sold Price
$246,000
Premium/Discount to List
-$4,000
-1.6%
Total Days on Market
1
Views
6
Current Estimated Value
$301,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,786
Avg. Annual Appreciation
13.81%

Purchase Details

Listed on
Sep 30, 2023
Closed on
Oct 27, 2023
Sold by
Macswain Neil and Macswain Lorraine
Bought by
Lathrop George R and Lathrop Amy K
Seller's Agent
Alicia Olejnik
McKinnies Realty, LLC
Buyer's Agent
Robert Shannon
Cressy & Everett - South Bend
List Price
$250,000
Sold Price
$246,000
Premium/Discount to List
-$4,000
-1.6%
Views
6

Purchase Details

Closed on
Jan 5, 2006
Sold by
Bolger Anna G
Bought by
Maccwain Neil and Maccwain Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.42%
Mortgage Type
New Conventional

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
Lucky Shamrock Llc -- None Listed On Document
Lathrop George R $246,000 Fidelity National Title
Maccwain Neil -- Merdian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maccwain Neil $78,000
Previous Owner Bolger Anna G $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $246,000 -1.6% $113 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $250,000 -- $115 / Sq Ft
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 $8,079 $334,800 $18,700 $316,100
2023 $8,088 $335,600 $18,700 $316,900
2022 $8,088 $335,600 $18,700 $316,900
2021 $5,695 $234,500 $16,900 $217,600
2020 $5,013 $206,200 $14,800 $191,400
2019 $2,038 $99,200 $8,000 $91,200
2018 $2,423 $99,200 $8,000 $91,200
2017 $2,507 $98,300 $8,000 $90,300
2016 $2,540 $97,500 $7,100 $90,400
2014 $2,506 $95,900 $7,100 $88,800
Source: Public Records

Agents Affiliated with this Home

  • Alicia Olejnik

    Seller's Agent in 2023

    Alicia Olejnik

    McKinnies Realty, LLC

    (574) 220-3702

    1 in this area

    76 Total Sales

    Alicia Olejnik
    Section Image
  • Robert Shannon

    Buyer's Agent in 2023

    Robert Shannon

    Cressy & Everett - South Bend

    (574) 240-8321

    1 in this area

    100 Total Sales

    Robert Shannon
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202335868

Indiana Regional MLS

APN: 71-08-12-233-017.000-026

Indiana St Joseph County South Bend 46617 Howard Park-East Bank

1003 E Washington St, South Bend, IN

Homes for Sale in South Bend, IN

This home is located at 1003 E Washington St, South Bend, IN 46617 since 30 September 2023 and is currently estimated at $301,786, approximately $138 per square foot. This property was built in 1898. 1003 E Washington St is a home located in St. Joseph County with nearby schools including Nuner Fine Arts Academy, Jefferson Intermediate Traditional School, and Adams High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX 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. Information is deemed reliable but not guaranteed.

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