$10,000
SOLD OCT 13, 2015

1037 Sherman Ave South Bend, IN 46616

Near Northwest Neighborhood
3 Beds
1 Bath
1,440 Sq Ft
3,402 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

93% Below List Price

172 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • 1 Car Attached Garage

About This Home

As of July 2021

INVESTMENT PROPERTY WITH GOOD POTENCIAL FEATURING 3 BEDROOMS AND ONE BATH WITH 1 CAR ATTACHED GARAGE. CASH ONLY SALE SOLD AS IS, PLEASE VERIFY TAXES & SCHOOLS.

Last Agent to Sell the Property

Doug Schrof

Central Management Realty Listed on: 01/15/2015

Last Buyer's Agent

Aaron Bechtel

BIG Realty Services, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • 3,402 Sq Ft Lot
  • Lot Dimensions are 68x50
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-183-017.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1904
  • Age: 111
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 2 THOMAS MURPHY'S VASSAR AVE MI NOR SUB BEING A RESUB OF LOT 35 MUESSELS 1ST.
  • Parcel Number ID: 71-08-02-183-017.000-026
  • Platted: Yes
  • Grid: 160 St. Joe Co.
  • Sp Lp Percent: 84.75
  • Special Features: None

Interior Features

  • Total Sq Ft: 1790
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Below Grade Sq Ft: 350
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Brick
  • Bedroom 1: Dimensions: 9x9, On Level: Upper
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 10x12, On Level: Upper
  • Total Below Grade Sq Ft: 350

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 10x12
  • Garage Sq Ft: 120

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 68x50
  • Estimated Lot Sq Ft: 3402
  • Estimated Lot Size Acres: 0.0781
  • Lot Number: 2

Tax Info

  • Annual Taxes: 3697
  • Total Assessed Value: 61400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jul 16, 2021
Sold by
Resensiz Luis R Gomez
Bought by
Long Ronald D and Long Holly D
Seller's Agent
Aaron Bechtel
BIG Realty Services, LLC
Buyer's Agent
Wendy Echartea
Berkshire Hathaway HomeServices Elkhart
List Price
$90,000
Sold Price
$92,500
Premium/Discount to List
$2,500
2.78%
Current Estimated Value
$115,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,585
Avg. Annual Appreciation
7.47%
Original Mortgage
$60,300
Outstanding Balance
$55,348
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$68,216

Purchase Details

Listed on
Jan 15, 2015
Closed on
Oct 13, 2015
Sold by
Allcoach Properties Llc
Bought by
Degomez Elizabet Duarte and Gomes Resendiz Luis Roberto
Seller's Agent
Doug Schrof
Central Management Realty
Buyer's Agent
Aaron Bechtel
BIG Realty Services, LLC
List Price
$142,500
Sold Price
$10,000
Premium/Discount to List
-$132,500
-92.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.04%

Purchase Details

Closed on
Jul 29, 2013
Sold by
Frey Faron
Bought by
Allcoach Properties Llc

Purchase Details

Closed on
Nov 4, 2010
Sold by
Rand Deaundra and Schrof Doug
Bought by
Frey Faron

Purchase Details

Closed on
Feb 12, 2009
Sold by
Purvis Steve
Bought by
Rand Deaundra

Purchase Details

Closed on
Dec 3, 2008
Sold by
Wachovia Mortgage Corporation
Bought by
Purvis Steve

Purchase Details

Closed on
Nov 7, 2006
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2006
Sold by
Morris Monica J and Morris Monica Joy
Bought by
Chase Home Finance Llc
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $92,500 None Available
Deed -- Meridian Title
Warranty Deed -- --
Warranty Deed -- Meridian Title Corp
Warranty Deed -- None Available
Special Warranty Deed -- Statewide Title Company Inc
Corporate Deed -- Statewide Title Co Inc
Special Warranty Deed -- None Available
Sheriffs Deed $51,256 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,300 New Conventional
Previous Owner $30,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $92,500 +5.7% $64 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $87,500 -2.8% $61 / Sq Ft
03/22/2021 03/22/21 For Sale $90,000 +800.0% $63 / Sq Ft
10/13/2015 10/13/15 Sold $10,000 -93.0% $7 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $142,500 -- $99 / 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 $2,911 $123,300 $7,200 $116,100
2022 $2,281 $92,300 $7,200 $85,100
2021 $979 $80,200 $2,700 $77,500
2020 $740 $60,000 $2,000 $58,000
2019 $804 $72,500 $2,400 $70,100
2018 $862 $70,700 $2,300 $68,400
2017 $742 $62,200 $2,300 $59,900
2016 $751 $62,200 $2,300 $59,900
2014 $1,605 $61,400 $2,300 $59,100
Source: Public Records

Agents Affiliated with this Home

  • Aaron Bechtel

    Seller's Agent in 2021

    Aaron Bechtel

    BIG Realty Services, LLC

    (574) 651-7089

    9 in this area

    93 Total Sales

    Aaron Bechtel
    Section Image
  • Wendy Echartea

    Buyer's Agent in 2021

    Wendy Echartea

    Berkshire Hathaway HomeServices Elkhart

    (574) 361-2511

    1 in this area

    62 Total Sales

    Wendy Echartea
    Section Image
  • Doug Schrof

    Seller's Agent in 2015

    Doug Schrof

    Central Management Realty

    (574) 514-7070

    2 in this area

    73 Total Sales

    Doug Schrof
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201501635

Indiana Regional MLS

APN: 71-08-02-183-017.000-026

Indiana St Joseph County South Bend 46616 Near Northwest

1037 Sherman Ave, South Bend, IN

This home is located at 1037 Sherman Ave, South Bend, IN 46616 and is currently priced at $10,000, approximately $6 per square foot. This property was built in 1904. 1037 Sherman Ave is a home located in St. Joseph County with nearby schools including Muessel Primary Center, Edison Middle School, and Clay 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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