NOT LISTED FOR SALE

Estimated Value: $60,000 - $74,553

2 Beds
1 Bath
768 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $45,000 $59 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $447/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 1-Story Property

About This Home

As of May 2022

Here is a great opportunity to purchase an established rental. Tenant would like to stay and continue leasing. Section 8. Property offers 2 bedrooms, 1 bath. Professionally managed. Sold As-Is. Other properties available by the same owner: 1710 Elwood Ave, 1858 N Brookfield St., 609 Birdsell St.

Last Listed By

Natashia Bontrager

McKinnies Realty, LLC Listed on: 04/08/2022

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $437

Year Built

  • Built in 1917

Lot Details

  • 5,240 Sq Ft Lot
  • Lot Dimensions are 40 x 131

Parking

  • 1 Parking Space

Home Design

  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Coquillard Elementary School
  • Dickinson Middle School
  • Washington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Kensington Subdivision
  • Insurance Expense $382

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 71-08-03-132-007.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$437

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1917
  • Age: 105
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 65 KENSINGTON ADD
  • Parcel Number ID: 71-08-03-132-007.000-026
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: Humboldt St.
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.04
  • Monthly Gross Income: 700
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 768
  • Above Grade Finished Sq Ft: 768
  • Below Grade Sq Ft: 576
  • Price Per Sq Ft: 58.59
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 576
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 382
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40 X 131
  • Estimated Lot Sq Ft: 5240
  • Estimated Lot Size Acres: 0.1203

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 436.86

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

Closed on
Aug 24, 2022
Sold by
Dante Colombatti
Bought by
Avanti Indiana Llc
Total Days on Market
18
Current Estimated Value
$66,138

Purchase Details

Closed on
Apr 15, 2021
Sold by
My Houses Llc
Bought by
Grace Bay Llc

Purchase Details

Closed on
Sep 23, 2017
Sold by
Yanahan Michael
Bought by
My Houses Llc

Purchase Details

Closed on
Apr 1, 2011
Sold by
Vargas Jose
Bought by
Yanahan Michael

Purchase Details

Closed on
Aug 16, 2007
Sold by
Brown Lonnie
Bought by
Washington Mutual Bank

Purchase Details

Closed on
--
Sold by
Grace Bay Llc
Bought by
Colombatti Dante

Range of Values:

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Average Value
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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
Avanti Indiana Llc -- --
Grace Bay Llc $25,000 Fidelity National Title
My Houses Llc -- --
Yanahan Michael -- None Available
Washington Mutual Bank $49,487 None Available
Colombatti Dante $45,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colombatti Dante $33,750
Previous Owner My Houses Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $45,000 -2.0% $59 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $45,900 -- $60 / 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 $918 $36,700 $6,100 $30,600
2023 $600 $36,700 $6,100 $30,600
2022 $600 $25,000 $6,100 $18,900
2021 $480 $18,200 $800 $17,400
2020 $480 $18,200 $800 $17,400
2019 $407 $18,200 $800 $17,400
2018 $478 $18,200 $800 $17,400
2017 $489 $18,000 $800 $17,200
2016 $563 $20,500 $800 $19,700
2014 $491 $18,800 $800 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202212177

Indiana Regional MLS

APN: 71-08-03-132-007.000-026