NOT LISTED FOR SALE

Estimated Value: $73,000 - $131,000

2 Beds
2 Baths
1,632 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $5,000 $3 Per Sq Ft

Est. 1,978% increase in value since last sale

Current estimated payment $750/month

76 Days on Market

About This Home

As of December 2014

Investor Special!!! This over under duplex features two 1 Bedroom units, the lower one has had a 2nd bedroom added. The house needs work, but has had both units rented for $425 each. Currently occupied but soon to be vacated. Each unit is able to have separate electric. Come and see the potential of this duplex that could stay a duplex or become a 4 Bed 2 bath single family home.

Last Listed By

Aaron Bechtel

AreaA Realty Elkhart Listed on: 10/16/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 33x165
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 71-08-13-329-011.000-026

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1908
  • Age: 106
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W 1/2 LOT 96 BOWMANS PL ADD |
  • Parcel Number ID: 71-08-13-329-011.000-026
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 83.33
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 1920
  • Total Finished Sq Ft: 1632
  • Above Grade Finished Sq Ft: 1632
  • Below Grade Sq Ft: 288
  • Price Per Sq Ft: 3.06
  • Basement Foundation: Michigan Basement
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 288
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 1500
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Monroe
  • Middle School: Jackson
  • High School: Riley
  • Elementary School: Monroe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33x165
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Owner Pays: Building Insurance
  • Tenant Pays: Electric, Heating, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Tax Info

  • Annual Property Tax: 3311

MLS Schools

  • High School: Riley
  • Middle School: Jackson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
South Bend Rentals Inc
Bought by
Gonzalez Francisco Pinon
Total Days on Market
76
Current Estimated Value
$103,889

Purchase Details

Closed on
Jul 5, 2023
Sold by
Hernandez Alejandro
Bought by
South Bend Rentals Inc

Purchase Details

Closed on
Mar 3, 2015
Sold by
Larson Pamela K
Bought by
Hernandez Alezandro

Purchase Details

Closed on
May 1, 2007
Sold by
Montana Realty Solutions
Bought by
Larson Pamela K

Purchase Details

Closed on
Apr 13, 2007
Sold by
Forlosures Penny
Bought by
Montana Relaty Soultions A Coe Ltd Pa

Purchase Details

Closed on
Mar 14, 2007
Sold by
Singleton Pamela Sue and Travis Sharon K
Bought by
Penny Foreclosures Iii Llc

Range of Values:

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Average Value
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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
Gonzalez Francisco Pinon -- None Listed On Document
Hernandez Alezandro -- --
Larson Pamela K -- Metropolitan Title In Llc
Montana Relaty Soultions A Coe Ltd Pa -- Metropolitan Title In Llc
Penny Foreclosures Iii Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $5,000 -16.7% $3 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $6,000 -- $4 / 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 $2,060 $39,900 $1,800 $38,100
2023 $711 $41,500 $1,800 $39,700
2022 $711 $41,500 $1,800 $39,700
2021 $703 $38,500 $2,100 $36,400
2020 $514 $42,700 $2,100 $40,600
2019 $512 $42,600 $2,000 $40,600
2018 $512 $42,600 $2,000 $40,600
2017 $517 $42,300 $2,000 $40,300
2016 $524 $42,300 $2,000 $40,300
2014 $665 $57,900 $2,000 $55,900
2013 $1,517 $57,900 $2,000 $55,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201445742

Indiana Regional MLS

APN: 71-08-13-329-011.000-026