NOT LISTED FOR SALE

Estimated Value: $117,780 - $215,000

3 Beds
1 Bath
916 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $85,000 $93 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $939/month

38 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • 1-Story Property
  • Adams High School Rated A-

About This Home

As of November 2019

Great Investment property located 5 minutes from Notre Dame and downtown South Bend. This 3 bedroom 1 bath home has a double lot and detached garage. Remodel within last 7 years and newer furnace.

Last Agent to Sell the Property

Drew Niedbala

Creekstone Realty Listed on: 09/03/2019

Last Buyer's Agent

Drew Niedbala

Creekstone Realty Listed on: 09/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1912

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 105x66

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • Insurance Expense $648
  • Water Sewer Expense $760

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, sewer, tax, water
  • Assessor Parcel Number 71-08-01-479-030.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$836

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1912
  • Age: 107
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 53 Lederer & Longleys Sub
  • Parcel Number ID: 71-08-01-479-030.000-026
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Parcel Id2: 71-08-01-479-031.000-026
  • Sp Lp Percent: 113.33
  • Monthly Gross Income: 800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1316
  • Total Finished Sq Ft: 916
  • Above Grade Finished Sq Ft: 916
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 92.79
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 400
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 648
  • Annual Water Sewer Expense: 760
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 105x66
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Fuel, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 835.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Dore Properties Llc
Bought by
Rouse William B
Total Days on Market
38
Current Estimated Value
$152,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$55,022
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$106,036

Purchase Details

Closed on
Jun 10, 2022
Sold by
Dore Properties Llc
Bought by
Rouse William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$55,022
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$106,036

Purchase Details

Listed on
Sep 3, 2019
Closed on
Nov 27, 2019
Sold by
Norris Marketing Llc
Bought by
Dore Properties Llc
Seller's Agent
Drew Niedbala
Creekstone Realty
Buyer's Agent
Drew Niedbala
Creekstone Realty
List Price
$75,000
Sold Price
$85,000
Premium/Discount to List
$10,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$56,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2018
Sold by
Norris Adam S
Bought by
Norris Marketing Llc

Purchase Details

Closed on
May 4, 2018
Sold by
Norris Adam S and Winland William C
Bought by
Norris Marketing Llc

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 17, 2012
Sold by
Bronson Lee Partners Fund I Ll
Bought by
Winland William and Norris Adam
Seller's Agent
Geoffrey Polk
Thurston Wyatt Realty LLC
Buyer's Agent
Pam Decola
Cressy & Everett - South Bend
List Price
$63,000
Sold Price
$7,000
Premium/Discount to List
-$56,000
-88.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.54%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Mendez Hipolito S and Mendez Terry
Bought by
Bronson Lee Partners Fund I Llc

Purchase Details

Closed on
Jan 20, 2005
Sold by
Mendez Hipolito S
Bought by
Mendez Hipolito S and Mendez Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,748
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Rouse William B -- Drake Andrew R
Rouse William B -- Drake Andrew R
Dore Properties Llc -- Metropolitan Title
Norris Marketing Llc -- None Listed On Document
Norris Marketing Llc -- None Available
Winland William -- --
Bronson Lee Partners Fund I Llc $1,604 None Available
Mendez Hipolito S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouse William B $63,750
Closed Rouse William B $63,750
Previous Owner Dore Properties Llc $56,000
Previous Owner Mendez Hipolito S $50,000
Previous Owner Mendez Hipolito S $11,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $85,000 +13.3% $93 / Sq Ft
09/03/2019 09/03/19 For Sale $75,000 +971.4% $82 / Sq Ft
02/09/2012 02/09/12 Sold $7,000 -88.9% $8 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $63,000 -- $69 / 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 $985 $39,300 $8,200 $31,100
2023 $948 $39,500 $8,200 $31,300
2022 $948 $39,500 $8,200 $31,300
2021 $900 $34,800 $6,300 $28,500
2020 $878 $34,800 $6,300 $28,500
2019 $707 $33,200 $4,700 $28,500
2018 $836 $33,200 $4,700 $28,500
2017 $859 $32,800 $4,700 $28,100
2016 $877 $32,800 $4,700 $28,100
2014 $844 $32,300 $4,700 $27,600
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 201938672

Indiana Regional MLS

APN: 71-08-01-479-030.000-026