$2,500,000
UNDER CONTRACT

124, 128-132 N Eddy St South Bend, IN 46617

Northeast South Bend Neighborhood

Estimated payment $14,365/month

Total Views 14,736
35 Beds
22 Baths
17,565 Sq Ft
$142 Price per Sq Ft

Highlights

  • 0.67 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Adams High School Rated A-
  • Corner Lot

About This Home

22 Unit Apartment Building just minutes from the University of Notre Dame and Downtown South Bend! This property has been remodeled from the ground to the roof within the last 5 years. This property has consistent high occupancy(currently 95%). Building has tons of visibility, with vibrant murals on 2 sides, vacancies do not last long. In place management, ready to continue to manage after sale if needed. With 9- 1 Beds and 13- 2 Beds this property has a nice split on unit counts.

Listing Agent

Tyler Glenn

Tiffany Group Real Estate Advisors LLC Listed on: 04/07/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,697

Year Built

  • Built in 1950

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 178x123
  • Corner Lot

Parking

  • 23 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 17,565 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 35 Bedrooms
  • 22 Full Bathrooms

Schools

  • Perley Elementary School
  • Edison Middle School
  • Adams High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, water
  • Assessor Parcel Number 71-09-07-105-001.000-026

Community Details

Overview

  • 22 Units

Building Details

  • Electric Expense $8,554
  • Fuel Expense $1,328
  • Insurance Expense $16,748
  • Maintenance Expense $21,900
  • Trash Expense $2,449
  • Water Sewer Expense $7,335

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,697

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1950
  • Age: 75
  • Style: Three Story
  • Bedrooms: 35
  • Number Above Grade Bedrooms: 35
  • Total Bathrooms: 22
  • Total Full Bathrooms: 22
  • Legal Description: BEG 840' S NE 1/4 SE COR EDDY & COLFAX 08/09 SPLIT TO CITY FOR STREET 6114TD 8-22-07
  • Parcel Number ID: 71-09-07-105-001.000-026
  • Platted: Yes
  • Amenities: Deck Open
  • Cross Street: Colfax
  • Annual Miscellaneous: 15000
  • Monthly Gross Income: 18720
  • Year Taxes Payable: 2024
  • Special Features: UnderContract

Interior Features

  • Total Sq Ft: 17565
  • Total Finished Sq Ft: 17565
  • Above Grade Finished Sq Ft: 17565
  • Price Per Sq Ft: 142.33
  • Basement Foundation: Slab
  • Flooring: Ceramic Tile, Laminate, Wood
  • Number Of Microwaves: 22
  • Number Of Ranges Ovens: 22

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 23

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 8554.19
  • Annual Fuel Expense: 1327.75
  • Annual Insurance Expense: 16748.4
  • Annual Maintenance Expense: 21900
  • Annual Trash Expense: 2448.89
  • Annual Water Sewer Expense: 7334.63
  • Number Of W D Hookups: 6

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 178x123
  • Estimated Lot Sq Ft: 29055
  • Estimated Lot Size Acres: 0.67

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 289500
  • Annual Property Tax: 6696.82

Multi Family

  • Gross Monthly Rent: 18720
  • Number Of Refrigerators: 22
  • Number Of Units: 22
  • Num Of1 Bedrooms: 9
  • Num Of2 Bedrooms: 13
  • Num Of Units Rented: 21

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $2,500,000 -- $142 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202511679

Indiana Regional MLS

Indiana St Joseph County South Bend 46617 Northeast South Bend

124, 128-132 N Eddy St, South Bend, IN

This home is located at 124, 128-132 N Eddy St, South Bend, IN 46617 and is currently priced at $2,500,000, approximately $142 per square foot. This property was built in 1950. 124, 128-132 N Eddy St is a home located in St. Joseph County with nearby schools including Nuner Fine Arts Academy, Jefferson Intermediate Traditional School, and Adams 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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Tyler Glenn
Listing Agent
Tyler Glenn
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Tiffany Group Real Estate Advisors LLC
(574) 857-4107