NOT LISTED FOR SALE

Estimated Value: $111,927 - $282,000

4 Beds
2 Baths
1,344 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $55,000 $41 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,033/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Adams High School Rated A-
  • Covered patio or porch
  • Skylights

About This Home

As of December 2016

Very nice duplex close to IUSB! Immediate rental income if desired...both tenants would love to stay. Or, live in one yourself and rent the other one out! Main level unit features 2 nice-sized bedrooms, a full bath, and a very large kitchen with tons of cabinet space and appliances included. Upstairs, you find a nice unit that features 2 bedrooms, a large bathroom, a nice living room area, and a deck overlooking the back yard. Vacant lot next door adds to the privacy of this move-in ready or immediate rent income ready property. Call today for your private tour!

Last Agent to Sell the Property

Aaron Cowham

Howard Hanna SB Real Estate Listed on: 07/21/2016

Last Buyer's Agent

Cheri Middleton

Open Door Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1922

Lot Details

  • 5,611 Sq Ft Lot
  • Lot Dimensions are 34x165
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Storm Doors
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Nuner Elementary School
  • Edison Middle School
  • Adams High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 71-09-17-107-018.000-026

Community Details

Overview

  • 2 Units
  • River Park Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1922
  • Age: 94
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 34 FT S SIDE LOT 86 O P RIVER PK |
  • Parcel Number ID: 71-09-17-107-018.000-026
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Near Walking Trail, Skylights, Cable Ready, Deck Open, Porch Covered, Storm Doors, Water Heater Gas, Washer Hook-Up
  • Grid: Portage
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 87.44
  • Monthly Gross Income: 725
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 1844
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 40.92
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Vinyl, Wood
  • Total Below Grade Sq Ft: 500
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1000
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 34X165
  • Estimated Lot Sq Ft: 5611
  • Estimated Lot Size Acres: 0.1288
  • Lot Number: 86

Rental Info

  • Lease Term: Month to Month, Renewal Options
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Heating

Tax Info

  • Total Assessed Value: 43900
  • Annual Property Tax: 1136

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Dec 27, 2016
Sold by
Batliner Johnathan Alexander
Bought by
Hunter Miranda
Seller's Agent
Aaron Cowham
Howard Hanna SB Real Estate
Buyer's Agent
Cheri Middleton
Open Door Realty, Inc
List Price
$62,900
Sold Price
$55,000
Premium/Discount to List
-$7,900
-12.56%
Total Days on Market
55
Current Estimated Value
$165,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,982
Avg. Annual Appreciation
13.04%
Original Mortgage
$54,003
Outstanding Balance
$45,148
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$109,371

Purchase Details

Listed on
Sep 15, 2013
Closed on
Feb 3, 2014
Sold by
Tepe Joe
Bought by
Batliner Johnathan Alexander
Seller's Agent
Kenny Kent
RE/MAX 100
Buyer's Agent
Joseph Zeyen
Market Place Realty, Inc.
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Feb 7, 2007
Sold by
Wiseman Matthew T and Wiseman Holly D
Bought by
Tepe Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hunter Miranda -- Fidelity National Title
Batliner Johnathan Alexander -- Metropolitan Title
Tepe Joe -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Miranda $54,003
Previous Owner Tepe Joe $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $55,000 -12.6% $41 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $62,900 +39.8% $47 / Sq Ft
02/04/2014 02/04/14 Sold $45,000 0.0% $33 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
09/15/2013 09/15/13 For Sale $45,000 -- $33 / 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 $1,243 $70,300 $5,200 $65,100
2023 $1,175 $65,300 $5,200 $60,100
2022 $1,175 $65,300 $5,200 $60,100
2021 $1,108 $59,100 $4,000 $55,100
2020 $737 $59,100 $4,000 $55,100
2019 $493 $45,000 $3,600 $41,400
2018 $539 $45,100 $3,600 $41,500
2017 $543 $44,600 $3,600 $41,000
2016 $550 $44,600 $3,600 $41,000
2014 $1,147 $43,900 $3,600 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201634057

Indiana Regional MLS

APN: 71-09-17-107-018.000-026