NOT LISTED FOR SALE

Estimated Value: $163,914 - $236,000

6 Beds
3 Baths
3,160 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $36,000 $11 Per Sq Ft

Est. 446% increase in value since last sale

Current estimated payment $1,184/month

259 Days on Market

About This Home

As of April 2015

Brand new roof just completed 7/18/2014 on large upper roof including new facia. Tenants pay all utilities. Each unit has 3 bedrooms and 1.5 bathrooms. Each unit has its own basement. Hardwood floors on each main level. Right side (1030) rented for $650 to stable tenant and on the left side (1032) rented for $550. Great investment property. ALL OFFERS WILL BE CONSIDERED. Do not disturb occupant. Interior viewing of occupied unit only with an appointment.

Last Agent to Sell the Property

Valerie Swihart

Pyramid Realty LLC Listed on: 06/09/2014

Last Buyer's Agent

Alice Fairington

At Home Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134
  • Fenced Yard

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Muessel Elementary School
  • Clay Middle School
  • Clay High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • Assessor Parcel Number 71-08-02-183-005.000-026

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1922
  • Age: 93
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 52 MUESSELS 1ST |
  • Parcel Number ID: 71-08-02-183-005.000-026
  • Platted: Yes
  • Amenities: Basement, Fenced Yard
  • Grid: 165 St. Joe Co. Water
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2012
  • Special Features: None

Interior Features

  • Total Sq Ft: 4600
  • Total Finished Sq Ft: 3160
  • Above Grade Finished Sq Ft: 3160
  • Below Grade Sq Ft: 1440
  • Price Per Sq Ft: 11.39
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Mixed, Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 1440
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 1500
  • Number Of W D Hookups: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Muessel
  • Middle School: Clay
  • High School: Clay
  • Elementary School: Muessel

Lot Info

  • Lot Dimensions: 50x134
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Tenant Pays: Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2634

MLS Schools

  • High School: Clay
  • Middle School: Clay
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Mar 31, 2015
Sold by
Miller Family Investments Llc
Bought by
Vanbooms Llc
Seller's Agent
Valerie Swihart
Pyramid Realty LLC
Buyer's Agent
Alice Fairington
At Home Realty Group
List Price
$49,000
Sold Price
$36,000
Premium/Discount to List
-$13,000
-26.53%
Current Estimated Value
$196,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,729
Avg. Annual Appreciation
17.07%

Purchase Details

Closed on
Jun 13, 2008
Sold by
Great Lake Property Inc
Bought by
Miller Family Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2007
Sold by
Wambugu Mercy
Bought by
Fremont Investment & Loan
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
Vanbooms Llc -- Metropolitan Title
Miller Family Investments Llc -- Metropolitan Title In Llc
Fremont Investment & Loan $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Family Investments Llc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $36,000 -26.5% $11 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
06/09/2014 06/09/14 For Sale $49,000 -- $16 / 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 $1,109 $116,300 $10,000 $106,300
2023 $1,029 $42,900 $10,000 $32,900
2022 $1,029 $42,900 $10,000 $32,900
2021 $859 $33,100 $3,200 $29,900
2020 $837 $33,100 $3,200 $29,900
2019 $705 $33,100 $3,200 $29,900
2018 $833 $33,100 $3,200 $29,900
2017 $857 $32,700 $3,200 $29,500
2016 $857 $45,100 $3,200 $41,900
2014 $1,173 $98,100 $3,200 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201423291

Indiana Regional MLS

APN: 71-08-02-183-005.000-026