NOT LISTED FOR SALE

1501 N Olive St South Bend, IN 46628

Far Northwest Neighborhood

Estimated Value: $61,000 - $77,063

2 Beds
1 Bath
720 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $70,000 $97 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $419/month

174 Days on Market

About This Home

As of June 2024

Back on market at no fault of the seller! Great investment property or affordable starter home! Nearly turnkey and solid as a rock. Remodeled just a couple years ago. Newer roof, windows, vinyl siding, pex plumbing. Make this home your own or start enjoying some cashflow in 2024! Extra lot to the north included as well! Sold as-is.

Last Agent to Sell the Property

Drew Overmyer

At Home Realty Group Brokerage Phone: 574-968-0100 Listed on: 12/07/2023

Last Buyer's Agent

Drew Overmyer

At Home Realty Group Brokerage Phone: 574-968-0100 Listed on: 12/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1954

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x119

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Darden Primary Center Elementary School
  • Dickinson Middle School
  • Clay High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-03-34-380-022.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1954
  • Age: 70
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 219 Vernon Hts
  • Parcel Number ID: 71-03-34-380-022.000-026
  • Platted: Yes
  • Sp Lp Percent: 87.61
  • Year Taxes Payable: 23/24
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 720
  • Total Finished Sq Ft: 720
  • Above Grade Finished Sq Ft: 720
  • Price Per Sq Ft: 97.22
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Darden Primary Center
  • Middle School: Dickinson
  • High School: Clay
  • Elementary School: Darden Primary Center

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41X119
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 811

MLS Schools

  • High School: Clay
  • Middle School: Dickinson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jun 28, 2024
Sold by
51 Grand Llc
Bought by
Accruit Llc and Arb Mayflower Llc
Seller's Agent
Drew Overmyer
At Home Realty Group
Buyer's Agent
Drew Overmyer
At Home Realty Group
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Views
114
Current Estimated Value
$63,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,371
Avg. Annual Appreciation
-7.19%

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 23, 2019
Sold by
Steele Joshua Allen
Bought by
51 Grand Llc
Seller's Agent
Rachel Kain
HomeWorks Realty, LLC
Buyer's Agent
Greg Gray
Polack Realty
List Price
$34,900
Sold Price
$34,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%
Original Mortgage
$29,665
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 16, 2019
Sold by
Mfc South Bend Holdings Ii Llc
Bought by
Steele Joshua
Seller's Agent
Rachel Kain
HomeWorks Realty, LLC
Buyer's Agent
Greg Gray
Polack Realty
List Price
$34,900
Sold Price
$34,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,665
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Mfc South Bend Holdings Llc
Bought by
Mgc South Bend Holdings Ii Llc

Purchase Details

Closed on
Nov 14, 2012
Sold by
South Bend Property V Llc
Bought by
Mfc South Bend Holdings Llc

Purchase Details

Closed on
Dec 24, 2008
Sold by
Leinke Lamy
Bought by
South Bend Property V Llc

Purchase Details

Closed on
May 6, 2008
Sold by
Wells Fargo Bank Na
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 27, 2007
Sold by
Harder Clifton
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Accruit Llc $140,000 None Listed On Document
51 Grand Llc -- None Available
Steele Joshua -- None Available
Mgc South Bend Holdings Ii Llc -- Lawyers Title
Mfc South Bend Holdings Llc -- Lawyers Title
South Bend Property V Llc -- None Available
Us Bank Na -- None Available
Wells Fargo Bank Na $9,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 51 Grand Llc $632,400
Previous Owner 51 Grand Llc $29,665
Previous Owner Steele Joshua $29,665
Previous Owner Harder Clifton $29,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $70,000 -12.4% $97 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $79,900 0.0% $111 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $79,900 -3.2% $111 / Sq Ft
01/03/2024 01/03/24 Price Changed $82,500 -2.8% $115 / Sq Ft
12/07/2023 12/07/23 For Sale $84,900 +143.3% $118 / Sq Ft
09/23/2019 09/23/19 Sold $34,900 0.0% $48 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $34,900 -- $48 / 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 $849 $33,900 $6,000 $27,900
2023 $811 $33,800 $6,000 $27,800
2022 $811 $33,800 $6,000 $27,800
2021 $677 $26,400 $800 $25,600
2020 $677 $26,400 $800 $25,600
2019 $571 $26,400 $800 $25,600
2018 $673 $26,400 $800 $25,600
2017 $694 $26,200 $800 $25,400
2016 $709 $26,200 $800 $25,400
2014 $700 $26,800 $800 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Drew Overmyer

    Seller's Agent in 2024

    Drew Overmyer

    At Home Realty Group

    (574) 299-3184

    9 in this area

    568 Total Sales

    Section Image

  • R

    Seller's Agent in 2019

    Rachel Kain

    HomeWorks Realty, LLC

  • Greg Gray

    Buyer's Agent in 2019

    Greg Gray

    Polack Realty

    (574) 210-7224

    1 in this area

    151 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202343997

Indiana Regional MLS

APN: 71-03-34-380-022.000-026

Indiana St Joseph County South Bend 46628 Far Northwest

1501 N Olive St, South Bend, IN

This home is located at 1501 N Olive St, South Bend, IN 46628 since 07 December 2023 and is currently estimated at $69,016, approximately $95 per square foot. This property was built in 1954. 1501 N Olive St is a home located in St. Joseph County with nearby schools including Darden Elementary School, Dickinson Fine Arts Academy, and Clay 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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