NOT LISTED FOR SALE

112 Studebaker St South Bend, IN 46628

Kennedy Park Neighborhood

Estimated Value: $90,000 - $162,000

5 Beds
1.5 Baths
2,489 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $70,000 $28 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $800/month

191 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2023

Interior pictures available upon request. Originally part of an investment portfolio, seller prefers to sell as a whole portfolio (especially properties close to proximity, but he iswilling to negotiate) Updated PDF available. Home was completely renovated in 2010, kitchen, bathrooms, flooring, paint, siding & new roof. new water heater 2016. furnace & central air unit 2017. leased until 2/24 PLEASE DO NOT BOTHER TENANTS

Last Agent to Sell the Property

Ashley Hairston

Coldwell Banker Realty dba Coldwell Banker Residential Brokerage Listed on: 11/21/2022

Coldwell Banker Realty dba Coldwell Banker Residential Brokerage

Last Buyer's Agent

Valerie Swihart

Pyramid Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1892

Lot Details

  • 3,640 Sq Ft Lot
  • Lot Dimensions are 35x104
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Muessel Elementary School
  • Dickinson Middle School
  • Washington High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • Maintenance Expense $500

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for tax
  • Assessor Parcel Number 71-08-11-108-003.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,233

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1892
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOTS 9 & 10 33' S END STUDEBAKER & HINES OF BOL 80
  • Parcel Number ID: 71-08-11-108-003.000-026
  • Platted: Yes
  • Amenities: Deck Open, Porch Covered
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3056
  • Total Finished Sq Ft: 2489
  • Above Grade Finished Sq Ft: 2489
  • Below Grade Sq Ft: 567
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Finished
  • Total Below Grade Sq Ft: 567
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Muessel

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 35X104
  • Estimated Lot Sq Ft: 3640
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 1233

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1

MLS Schools

  • High School: Washington
  • Middle School: Dickinson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jul 20, 2023
Sold by
Givens Property Investors Llc
Bought by
Luer Properties Indiana I Llc
Seller's Agent
Ashley Hairston
Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Buyer's Agent
Valerie Swihart
Pyramid Realty LLC
List Price
$160,000
Sold Price
$70,000
Premium/Discount to List
-$90,000
-56.25%
Views
304
Current Estimated Value
$123,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,667
Avg. Annual Appreciation
25.79%
Original Mortgage
$52,500
Outstanding Balance
$51,224
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$72,443

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jun 30, 2023
Sold by
Givens Property Investors Llc
Bought by
Luer Properties Indiana I Llc
Seller's Agent
Ashley Hairston
Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Buyer's Agent
Valerie Swihart
Pyramid Realty LLC
List Price
$160,000
Sold Price
$70,000
Premium/Discount to List
-$90,000
-56.25%
Views
304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$51,224
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$72,443

Purchase Details

Closed on
Jan 3, 2014
Sold by
Givens Rachel
Bought by
Givens Property Investors Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Luer Properties Indiana I Llc $700,000 Metropolitan Title
Luer Properties Indiana I Llc -- Metropolitan Title
Givens Property Investors Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luer Properties Indiana I Llc $52,500
Closed Luer Properties Indiana I Llc $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $70,000 -46.2% $28 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $130,000 -7.1% $52 / Sq Ft
02/16/2023 02/16/23 Price Changed $140,000 -12.5% $56 / Sq Ft
11/21/2022 11/21/22 For Sale $160,000 -- $64 / 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 $1,819 $74,800 $3,300 $71,500
2023 $1,322 $74,500 $3,300 $71,200
2022 $1,322 $55,100 $3,100 $52,000
2021 $1,255 $49,600 $2,100 $47,500
2020 $1,233 $49,600 $2,100 $47,500
2019 $1,082 $49,800 $2,300 $47,500
2018 $1,265 $51,200 $2,300 $48,900
2017 $1,292 $50,100 $2,300 $47,800
2016 $1,319 $50,100 $2,300 $47,800
2014 $1,761 $67,400 $2,500 $64,900
Source: Public Records

Agents Affiliated with this Home

  • Ashley Hairston

    Seller's Agent in 2023

    Ashley Hairston

    Coldwell Banker Realty dba Coldwell Banker Residential Brokerage

    (574) 383-4027

    19 in this area

    136 Total Sales

    Ashley Hairston
    Section Image
  • Valerie Swihart

    Buyer's Agent in 2023

    Valerie Swihart

    Pyramid Realty LLC

    (574) 334-8989

    9 in this area

    152 Total Sales

    Valerie Swihart
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202247550

Indiana Regional MLS

APN: 71-08-11-108-003.000-026

Indiana St Joseph County South Bend 46628 Kennedy Park

112 Studebaker St, South Bend, IN

Not Listed for Sale

MultiFamily

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