NOT LISTED FOR SALE

1501 Dunham St South Bend, IN 46619

Oliver Gateway Neighborhood
3 Beds
4 Baths
2,716 Sq Ft
6,534 Sq Ft Lot

Last Sold September 14, 2021

Last sale price $43,700 $16 Per Sq Ft

85 Days on Market

About This Home

As of September 2021

Investment opportunity just off sample near down town on the West Side of South Bend. Zoned for both residential and commercial use, there are few properties like this one. Two buildings on the same lot with ample shared off street parking, can be rented as three units with some TLC Building #1 is set up as a salon on the first floor with a total 1012sf. That includes store front, two half baths, and a storage room with access to the above apartment sprawling the same 1012sf on the second floor. The upstairs apartment is 3 bedrooms with a living space, kitchen, and bathroom. Building #2 on the lot is a single 692sf home with 1 bedroom, 1 bathroom, full kitchen and laundry hookup. A small fenced area exists behind building #2 as well. Access to both of the buildings additionally available from the back parking lot behind building #1. The second floor apartment of building #1, only has exterior access from the back parking lot. Sold in as is condition. Utilities are off. Units are vacant.

Last Agent to Sell the Property

Teresa Couch

Howard Hanna SB Real Estate Listed on: 05/11/2021

Last Buyer's Agent

Joel Pacheco

Century 21 Circle

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1886

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,716 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Radiant Ceiling
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for trash collection, water
  • Assessor Parcel Number 71-08-11-352-022.000-026

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $600
  • Fuel Expense $1,740
  • Insurance Expense $1,800
  • Maintenance Expense $400
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1886
  • Age: 135
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Lot 32 Arnold Hines & WilsonsSub Bol 100-102
  • Parcel Number ID: 71-08-11-352-022.000-026
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Sp Lp Percent: 87.4
  • Zoning Description: Mixed Use
  • Monthly Gross Income: 1000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2716
  • Total Finished Sq Ft: 2716
  • Above Grade Finished Sq Ft: 2716
  • Price Per Sq Ft: 16.09
  • Basement Foundation: Slab
  • Flooring: Mixed

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Gas, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 600
  • Annual Fuel Expense: 1740
  • Annual Insurance Expense: 1800
  • Annual Maintenance Expense: 400
  • Annual Water Sewer Expense: 840
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Navarre
  • High School: Riley

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 48.84ft x 131.01ft
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Units: 3
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

Tax Info

  • Annual Property Tax: 1245.08

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

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $43,700 -12.6% $16 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $50,000 -16.7% $18 / Sq Ft
06/03/2021 06/03/21 Price Changed $60,000 -14.3% $22 / Sq Ft
05/11/2021 05/11/21 For Sale $70,000 -- $26 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Teresa Couch

    Seller's Agent in 2021

    Teresa Couch

    Howard Hanna SB Real Estate

    (574) 340-0130

    1 in this area

    74 Total Sales

    Teresa Couch
    Section Image

  • J

    Buyer's Agent in 2021

    Joel Pacheco

    Century 21 Circle

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202116757

Indiana Regional MLS
Indiana St Joseph County South Bend 46619 Oliver Gateway

1501 Dunham St, South Bend, IN

This home is located at 1501 Dunham St, South Bend, IN 46619 since 11 May 2021. This property was built in 1886. 1501 Dunham St is a home located in St. Joseph County with nearby schools including Madison STEAM Academy, Navarre Middle School, and Riley 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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