NOT LISTED FOR SALE
6 Beds
6 Baths
2,273 Sq Ft
6,251 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $290,000 $128 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Multiple cooling system units
  • Carpet
  • Adams High School Rated A-
  • Forced Air Heating System

About This Home

As of March 2019

Great investment opportunity with steady cash flow! This property is part of the Opportunity Zone! Take advantage of the federal tax advantages while you can. Six unit property within walking distance to ND! Perfect for Airbnb, short or long term rentals, or Notre Dame home games! There are four studio units and two 1 bedroom units. These are all fully furnished and personal property is included in the sale. All units have individual keypads. READY TO RENT!

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Listed on: 02/15/2019

McKinnies Realty, LLC

Last Buyer's Agent

Amy Reed

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1955

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Corner Lot

Home Design

  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,273 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Mckinley Elementary School
  • Edison Middle School
  • Adams High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for cable, cooling, electric, heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-09-06-385-008.000-026

Community Details

Overview

  • 6 Units
  • Madison Park Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Water Sewer Expense $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,912

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1955
  • Age: 64
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: LOT 2 MADISON PARK
  • Parcel Number ID: 71-09-06-385-008.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 103.57
  • Monthly Gross Income: 5417
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2273
  • Total Finished Sq Ft: 2273
  • Above Grade Finished Sq Ft: 2273
  • Price Per Sq Ft: 127.58
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Number Of Microwaves: 6
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Stone, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Multiple Cooling Units, Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 3600
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50 X 125
  • Estimated Lot Sq Ft: 6251
  • Estimated Lot Size Acres: 0.1435
  • Lot Number: 2

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water

Tax Info

  • Total Assessed Value: 172800
  • Annual Property Tax: 2912

Multi Family

  • Gross Monthly Rent: 8000
  • Number Of Dryers: 1
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 4

MLS Schools

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

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
03/15/2019 03/15/19 Sold $290,000 +3.6% $128 / Sq Ft
02/28/2019 02/28/19 For Sale $280,000 0.0% $123 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $280,000 +33.3% $123 / Sq Ft
09/12/2017 09/12/17 Sold $210,000 +5.3% $92 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $199,500 -- $88 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201905254

Indiana Regional MLS