NOT LISTED FOR SALE

1509 N Olive St South Bend, IN 46628

Far Northwest Neighborhood

Estimated Value: $56,000 - $89,000

2 Beds
1 Bath
840 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $5,000 $6 Per Sq Ft

Est. 1,336% increase in value since last sale

Current estimated payment $450/month

15 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Level Lot
  • Bungalow
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2018

Investment opportunity. 2 bedroom home with dining room, eat-in kitchen, basement, and one car garage. AS IS WHERE IS. Cash only. Located near public transportation. Needs a new roof.

Last Agent to Sell the Property

Barry Skalski

Michiana Realty LLC Listed on: 12/22/2017

Co-Listed By

Jennifer Lillie

Cressy & Everett - South Bend

Last Buyer's Agent

Andi Marschand

Lochmondy Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 41x119
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-03-34-380-020.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 98
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 221 VERNON HTS
  • Parcel Number ID: 71-03-34-380-020.000-026
  • Platted: Yes
  • Sp Lp Percent: 71.43
  • Special Features: None

Interior Features

  • Total Sq Ft: 1568
  • Total Finished Sq Ft: 840
  • Above Grade Finished Sq Ft: 840
  • Below Grade Sq Ft: 728
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x10, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 10x7, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 728

Exterior Features

  • Exterior: Aluminum, Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x16
  • Garage Sq Ft: 320

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Marquette
  • Middle School: Brown
  • High School: Clay

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41x119
  • Estimated Lot Sq Ft: 4879
  • Estimated Lot Size Acres: 0.112
  • Lot Number: 221

Tax Info

  • Annual Taxes: 791
  • Total Assessed Value: 31000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Nanas Holdings Llc
Bought by
Jk Group Llc
Current Estimated Value
$71,798

Purchase Details

Listed on
Dec 22, 2017
Closed on
Feb 5, 2018
Sold by
Mishawaka Holdings Llc
Bought by
Nanas Holdings Llc
Seller's Agent
Barry Skalski
Michiana Realty LLC
Buyer's Agent
Andi Marschand
Lochmondy Realty
List Price
$7,000
Sold Price
$5,000
Premium/Discount to List
-$2,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.63%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Reo Asset Liquidators Llc
Bought by
Mishawaka Holdings Llc

Purchase Details

Closed on
Dec 7, 2012
Sold by
1509 Olive Land Trust
Bought by
Reo Asset Liquidators Llc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Rms Residential Properties Llc
Bought by
1509 Olive Land Trust

Purchase Details

Closed on
Oct 1, 2009
Sold by
Dorbin Steve
Bought by
Rms Residential Properties Lls

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,554
Interest Rate
4.96%
Mortgage Type
New Conventional
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
Jk Group Llc $27,000 None Available
Nanas Holdings Llc -- Fidelity National Title
Mishawaka Holdings Llc -- Meridian Title Corp
Reo Asset Liquidators Llc -- Meridian Title Corp
1509 Olive Land Trust -- Investors Titlecorp
Rms Residential Properties Lls $13,554 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nanas Holdings Llc $12,000
Previous Owner Nanas Holdings Llc $12,000
Previous Owner Rms Residential Properties Llc $13,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $5,000 -28.6% $6 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
12/22/2017 12/22/17 For Sale $7,000 -- $8 / 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 $689 $29,100 $5,500 $23,600
2023 $650 $27,100 $5,500 $21,600
2022 $650 $29,500 $6,000 $23,500
2021 $573 $22,100 $800 $21,300
2020 $578 $22,300 $800 $21,500
2019 $489 $22,300 $800 $21,500
2018 $595 $31,300 $800 $30,500
2017 $814 $31,000 $800 $30,200
2016 $831 $31,000 $800 $30,200
2014 $797 $30,500 $800 $29,700
Source: Public Records

Agents Affiliated with this Home

  • Barry Skalski

    Seller's Agent in 2018

    Barry Skalski

    Michiana Realty LLC

    (574) 395-7653

    1 in this area

    136 Total Sales

    Section Image
  • Jennifer Lillie

    Seller Co-Listing Agent in 2018

    Jennifer Lillie

    Cressy & Everett - South Bend

    (574) 286-9667

    205 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    Andi Marschand

    Lochmondy Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201755614

Indiana Regional MLS

APN: 71-03-34-380-020.000-026

Indiana St Joseph County South Bend 46628 Far Northwest

1509 N Olive St, South Bend, IN

This home is located at 1509 N Olive St, South Bend, IN 46628 since 22 December 2017 and is currently estimated at $67,118, approximately $79 per square foot. This property was built in 1920. 1509 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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