NOT LISTED FOR SALE

140 E Farneman St South Bend, IN 46614

Estimated Value: $143,000 - $179,000

3 Beds
1.5 Baths
1,130 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $118,000 $104 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,032/month

21 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Baseboard Heating
  • Ranch Style House
  • 1 Car Detached Garage
  • 2-minute walk to Monroe Elementary Playground

About This Home

As of January 2021

You will have to move quickly if you want to be the new owner of this Southside charmer packed full of incredible updates! Beautifully refinished hardwood floors greet your entrance into the home’s spacious and sunny living room featuring neutral grey walls and white trim that flow throughout the home. Master en-suite with a half bath and a large closet will become your private escape! Both bathrooms have been updated with all new tile floors, lighting, vanities, toilets and tile surround in the full bath shower. Find yourself with an abundance of space with two additional large bedrooms, a 4th bonus flex room off the kitchen that could be dining/office/playroom, a full block basement that is ready to be finished and an expansive rear yard with one car detached garage! With a newer roof and incredible updates throughout, this home is ready for its new owner! So don’t wait - schedule your showing today!

Last Agent to Sell the Property

Steve Smith

Irish Realty Listed on: 11/16/2020

Last Buyer's Agent

Jennea Schirr

McKinnies Realty, LLC Elkhart

McKinnies Realty, LLC Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1941

Lot Details

  • 7,139 Sq Ft Lot
  • Lot Dimensions are 51x140
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Partially Finished Basement

  • Block Basement Construction
  • 4 Bedrooms in Basement
  • Crawl Space

Schools

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

Additional Features

  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-328-023.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$810

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Age: 79
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 59 BEVERLY HTS 3RD
  • Parcel Number ID: 71-08-24-328-023.000-026
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Sp Lp Percent: 102.7
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1922
  • Total Finished Sq Ft: 1130
  • Above Grade Finished Sq Ft: 1130
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 104.42
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors, Tile, Vinyl
  • Extra Room: Flex Room, Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 10x16, On Level: Main
  • Bedroom 2: Dimensions: 8x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 792

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage Sq Ft: 240
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City

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, 0-2.9999
  • Lot Dimensions: 51x140
  • Estimated Lot Sq Ft: 7139
  • Estimated Lot Size Acres: 0.1639
  • Lot Number: 59

Tax Info

  • Annual Taxes: 810
  • Exemptions: Homestead, Mortgage, Supplemental

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

Listed on
Nov 16, 2020
Closed on
Jan 2, 2021
Sold by
Emerson Kevin
Bought by
Mcknight Lynne
Seller's Agent
Steve Smith
Irish Realty
Buyer's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%
Total Days on Market
21
Current Estimated Value
$161,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,394
Avg. Annual Appreciation
5.78%
Original Mortgage
$115,862
Outstanding Balance
$104,568
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$46,524

Purchase Details

Closed on
Sep 24, 2020
Sold by
Smith Tremain L
Bought by
Emerson Kevin

Purchase Details

Closed on
Jan 7, 2012
Sold by
Young Anthony David
Bought by
Smith Tremain L

Purchase Details

Closed on
Mar 2, 2011
Sold by
Walz Thomas M
Bought by
Young Anthony David
Source: Public Records

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Range of Values:

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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
Mcknight Lynne -- None Available
Emerson Kevin -- Near North Title Group
Smith Tremain L -- --
Young Anthony David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcknight Lynne $115,862
Previous Owner Smith Tremain L $49,297
Previous Owner Smith Tremain L $40,598
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $118,000 +2.7% $104 / Sq Ft
12/01/2020 12/01/20 Price Changed $114,900 -4.2% $102 / Sq Ft
11/16/2020 11/16/20 For Sale $119,900 -- $106 / 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 $1,550 $160,400 $10,400 $150,000
2023 $1,267 $131,500 $10,400 $121,100
2022 $1,267 $110,800 $10,400 $100,400
2021 $983 $83,900 $12,300 $71,600
2020 $937 $81,200 $11,900 $69,300
2019 $810 $76,700 $11,600 $65,100
2018 $737 $65,600 $9,900 $55,700
2017 $745 $64,700 $9,900 $54,800
2016 $755 $64,700 $9,900 $54,800
2014 $736 $63,800 $9,900 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202046062

Indiana Regional MLS

APN: 71-08-24-328-023.000-026