NOT LISTED FOR SALE

1006 E Wayne St South Bend, IN 46617

Howard Park-East Bank Neighborhood

Estimated Value: $173,286 - $714,000

3 Beds
2 Baths
2,196 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $38,000 $17 Per Sq Ft

Est. 760% increase in value since last sale

Current estimated payment $2,027/month

108 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 1 Car Detached Garage
  • Adams High School Rated A-
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of May 2016

Great investment property near downtown South Bend, the river, IUSB and Notre Dame! Large first unit has 2 spacious bedrooms and open, bright kitchen with access to fenced backyard and one-stall garage. Upstairs 1 bedroom could easily be 2 and has completely remodeled full bath. Both units are updated and washer/dryer is shared. House could be returned to a single-family home in the future as the original lay-out is mostly intact. Pull in rent from both sides or live in one and pay your mortgage with the other. Newer water heater and furnace (2012). All appliances included!

Last Listed By

Abbey Platt

Cressy & Everett - South Bend Listed on: 01/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $807

Year Built

  • Built in 1897

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 42x100
  • Fenced Yard
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Eat-In Kitchen
  • Laundry closet

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Nuner Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 71-08-12-284-002.000-026

Community Details

Overview

  • 2 Units
  • Lister Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $278
  • Fuel Expense $705
  • Insurance Expense $661
  • Water Sewer Expense $640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$807

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1897
  • Age: 119
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 8 LISTER SUB OF COTTRELLS LARGE LOT 23 |
  • Parcel Number ID: 71-08-12-284-002.000-026
  • Platted: Yes
  • Amenities: Fenced Yard, Eat-In Kitchen, Foyer Entry, Water Heater Gas, Jack & Jill Bath
  • Location: City/Town/Suburb
  • Sp Lp Percent: 69.22
  • Monthly Gross Income: 604
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 2980
  • Total Finished Sq Ft: 2196
  • Above Grade Finished Sq Ft: 2196
  • Below Grade Sq Ft: 784
  • Price Per Sq Ft: 17.3
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 784
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asphalt
  • Fence: Partial, Privacy
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Garage, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Electric: 277.77
  • Annual Fuel Expense: 705.47
  • Annual Insurance Expense: 661
  • Annual Water Sewer Expense: 640.39
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 42x100
  • Estimated Lot Sq Ft: 4199
  • Estimated Lot Size Acres: 0.0964
  • Lot Number: 8

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 806.88

Multi Family

  • Gross Monthly Rent: 725
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

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

Closed on
Jun 13, 2018
Sold by
Bernardo Contreras
Bought by
Bernardos Properties And Remod
Total Days on Market
108
Current Estimated Value
$326,822

Purchase Details

Closed on
Jun 8, 2018
Sold by
Contreras Bernardo
Bought by
Bernardos Properties & Remodel

Purchase Details

Listed on
Jan 5, 2016
Closed on
May 6, 2016
Sold by
East Wayne Homes Llc
Bought by
Contreras Bernardo
Seller's Agent
Abbey Platt
Cressy & Everett - South Bend
Buyer's Agent
Aaron Bechtel
BIG Realty Services, LLC
List Price
$54,900
Sold Price
$38,000
Premium/Discount to List
-$16,900
-30.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.29%

Purchase Details

Listed on
May 18, 2012
Closed on
Aug 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
East Wayne Homes Llc
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$29,900
Sold Price
$28,500
Premium/Discount to List
-$1,400
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$60,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Fifth Third Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 1, 2010
Sold by
Lewis Jonathan
Bought by
Fifth Third Bank

Range of Values:

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Average Value
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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
Bernardos Properties And Remod -- None Listed On Document
Bernardos Properties & Remodel -- None Available
Contreras Bernardo -- --
East Wayne Homes Llc -- Total Title
Federal Home Loan Mortgage Corporation -- None Available
Fifth Third Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Wayne Homes Llc $60,000
Previous Owner East Wayne Homes Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $38,000 -30.8% $17 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $54,900 +92.6% $25 / Sq Ft
08/17/2012 08/17/12 Sold $28,500 -4.7% $13 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $29,900 -- $14 / 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 $2,480 $89,900 $10,400 $79,500
2023 $2,354 $100,400 $10,300 $90,100
2022 $2,354 $98,100 $10,300 $87,800
2021 $2,177 $88,900 $7,900 $81,000
2020 $2,179 $89,000 $7,900 $81,100
2019 $1,741 $84,900 $5,800 $79,100
2018 $2,072 $85,000 $5,800 $79,200
2017 $1,479 $57,600 $5,800 $51,800
2016 $1,372 $52,200 $5,800 $46,400
2014 $1,351 $51,700 $5,800 $45,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Abbey Platt

    Cressy & Everett - South Bend

  • Aaron Bechtel

    Buyer's Agent in 2016

    Aaron Bechtel

    BIG Realty Services, LLC

    (574) 651-7089

    96 Total Sales

    Aaron Bechtel
    Section Image
  • David Miller

    Seller's Agent in 2012

    David Miller

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-4835

    1 in this area

    346 Total Sales

    David Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201600462

Indiana Regional MLS

APN: 71-08-12-284-002.000-026

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

1006 E Wayne St, South Bend, IN

Homes for Sale in South Bend, IN

This home is located at 1006 E Wayne St, South Bend, IN 46617 since 05 January 2016 and is currently estimated at $326,822, approximately $148 per square foot. This property was built in 1897. 1006 E Wayne 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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