NOT LISTED FOR SALE

1402 Miami St South Bend, IN 46613

Estimated Value: $121,000 - $154,461

5 Beds
3 Baths
1,784 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $148,000 $83 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $845/month

48 Days on Market

Highlights

  • Balcony
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating System
  • Baseboard Heating
  • Vinyl Flooring

About This Home

As of April 2024

This charming duplex presents an incredible opportunity with the potential to be transformed into a triplex, offering versatile living configurations and investment potential.Recently remodeled, this property boasts new flooring and fresh paint throughout, updated bathrooms, some appliances have been updated. Practical features include a newer waterheater and updated plumbing, some newer windows and a newer furnace. Convenience is key with off-street parking, offering ease and security for residents. Washer/dryer hookups areavailable in two of the units, adding convenience for laundry needs. Situated in a great location, this property is close to Notre Dame University, making it an attractive option for rentersand investors alike. Don't miss out on this fantastic opportunity to own a duplex with triplex potential!

Last Agent to Sell the Property

Alejandra Gomez

Cressy & Everett - South Bend Brokerage Phone: 574-933-1191 Listed on: 03/07/2024

Cressy & Everett - South Bend

Last Buyer's Agent

Stephen DiJulius

St. Joseph Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $864

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x126
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House
  • Laminate Countertops
  • Washer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

  • Lincoln Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, heating, tax, water
  • Assessor Parcel Number 71-09-18-155-001.000-026

Community Details

Overview

  • 3 Units
  • Leer Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$864

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 114
  • Style: Two and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 24 Leers 2nd Replat
  • Parcel Number ID: 71-09-18-155-001.000-026
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Balcony, Countertops-Laminate, Water Heater Gas, Washer Hook-Up
  • Cross Street: Broadway & Haney
  • Sp Lp Percent: 92.5
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2676
  • Total Finished Sq Ft: 1784
  • Above Grade Finished Sq Ft: 1784
  • Below Grade Sq Ft: 892
  • Price Per Sq Ft: 82.96
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 892
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40X126
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Owner Pays: Electric, Heating, Tax, Water
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 864

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1

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
Mar 7, 2024
Closed on
Apr 19, 2024
Sold by
Garcia-Villarreal Luz and Martinez Felix
Bought by
G Force Properties Llc
Seller's Agent
Alejandra Gomez
Cressy & Everett - South Bend
Buyer's Agent
Stephen DiJulius
St. Joseph Realty Group
List Price
$160,000
Sold Price
$148,000
Premium/Discount to List
-$12,000
-7.5%
Views
60
Current Estimated Value
$138,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,385
Avg. Annual Appreciation
3.86%
Original Mortgage
$111,000
Outstanding Balance
$106,751
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$47,839

Purchase Details

Listed on
Oct 9, 2022
Closed on
Feb 8, 2023
Sold by
Hearth And Timber Properties Series Llc-
Bought by
Garcia-Villarreal Luz and Martinez Felix
Seller's Agent
Cody Hall
Snyder Strategy Realty Inc.
Buyer's Agent
Alejandra Gomez
Cressy & Everett - South Bend
List Price
$100,000
Sold Price
$87,500
Premium/Discount to List
-$12,500
-12.5%
Views
266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.40%
Original Mortgage
$83,125
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2021
Sold by
Hall William Cody
Bought by
Hearth & Timber Properties Series Llc S

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 5, 2020
Sold by
Walking With Jesus Ministries
Bought by
Hall William Cody
Seller's Agent
Rodger Pendl
eXp Realty, LLC
Buyer's Agent
Cody Hall
Snyder Strategy Realty Inc.
List Price
$75,000
Sold Price
$64,900
Premium/Discount to List
-$10,100
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%
Original Mortgage
$48,675
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2017
Sold by
St Joseph County Auditor
Bought by
Walking With Jesusu Ministires

Purchase Details

Closed on
Sep 7, 2006
Sold by
Hopkins Janice
Bought by
Hsbc Bank Usa Na
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
G Force Properties Llc $148,000 None Listed On Document
Garcia-Villarreal Luz $87,500 Hartman Title
Hearth & Timber Properties Series Llc S -- None Available
Hall William Cody -- Fidelity National Title
Walking With Jesusu Ministires $3,986 --
Hsbc Bank Usa Na $76,803 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G Force Properties Llc $111,000
Previous Owner Garcia-Villarreal Luz $83,125
Previous Owner Hall William Cody $48,675
Previous Owner Hall William Cody $48,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $148,000 0.0% $83 / Sq Ft
04/25/2024 04/25/24 Sold $148,000 -7.5% $83 / Sq Ft
03/07/2024 03/07/24 For Sale $160,000 0.0% $90 / Sq Ft
03/07/2024 03/07/24 For Sale $160,000 +82.9% $90 / Sq Ft
02/10/2023 02/10/23 Sold $87,500 -7.9% $51 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/05/2022 11/05/22 Price Changed $95,000 -5.0% $55 / Sq Ft
11/05/2022 11/05/22 For Sale $100,000 0.0% $58 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/09/2022 10/09/22 For Sale $100,000 +54.1% $58 / Sq Ft
06/05/2020 06/05/20 Sold $64,900 0.0% $38 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/17/2020 04/17/20 Price Changed $64,900 -13.5% $38 / Sq Ft
04/15/2020 04/15/20 For Sale $75,000 -- $44 / 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 $858 $54,400 $6,800 $47,600
2023 $858 $34,200 $6,800 $27,400
2022 $821 $34,200 $6,800 $27,400
2021 $681 $26,600 $1,500 $25,100
2020 $43 $12,800 $1,500 $11,300
2019 $43 $12,700 $1,500 $11,200
2018 $43 $39,400 $1,500 $37,900
2017 $1,019 $39,200 $1,500 $37,700
2016 $1,041 $39,200 $1,500 $37,700
2014 $2,208 $84,500 $1,500 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202407394

Indiana Regional MLS

APN: 71-09-18-155-001.000-026