NOT LISTED FOR SALE

15703 State Road 23 Granger, IN 46530

Estimated Value: $234,000 - $395,000

3 Beds
1 Bath
1,404 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $195,000 $139 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,069/month

94 Days on Market

Highlights

  • 1.8 Acre Lot
  • Prairie Vista Elementary School Rated A
  • Garage

About This Home

As of February 2014

ZONED RESIDENTIAL BUT PRIMARILY HAS GREAT COMMERCIAL POTENTIAL. THIS PRIME COMMERCIAL SITE IS IN AN EXCELLENT LOCATION ON HEAVILY TRAVELED SR 23 AND ALLOWS FOR A VARIETY OF RETAIL/OFFICE/COMMERCIAL USES. APRROX. 1.8 ACRES AND APPROX. 200 FT. OF FRONTAGE. HOME ON PROPERTY IS 1,400 SF. MANY IMPROVEMENTS MADE BY CURRENT OWNER: NEW STAIRS, NEW DRY WALL IN GARAGE, NEW GARAGE DOOR, NEW OVEN AND REFRIGERATOR APPLIANCES, NEW SINKS, NEW CARPETS, NEW EXTERIOR DOOR, FRESH PAINT, AND NEW SEPTIC IN 2012. LOCATED ON SR 23 JUST EAST OF MAIN ST./GUMWOOD AND HERITAGE SQUARE. PROPERTY IS ONLY ONE MILE FROM THE NEWER SAINT JOSEPH REGIONAL MEDICAL CENTER AND LESS THAN 4 MILES FROM NOTRE DAME. CLOSE TO A VIBRANT COMMERCIAL CORRIDOR INCLUDING LOCATIONS SUCH AS HERITAGE SQUARE, TOSCANA PARK, UNIVERSITY PARK MALL, WAL-MART, SUPER TARGET, MEIJER, MULTIPLE RESTAURANTS, AND MUCH, MUCH MORE IN THE GRAPE RD./MAIN ST. MAJOR RETAIL AREA. QUICK ACCESS TO CAPITAL HWY. AND THE INDIANA TOLL ROAD. LOCATION COUNTS!!!

Last Agent to Sell the Property

John Piraccini

Coldwell Banker Real Estate Group Listed on: 07/18/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,647

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 433x200
  • Property fronts a state road

Parking

  • Garage
  • Off-Street Parking

Schools

  • Prairie Vista Elementary School
  • Clay Middle School
  • Penn High School

Utilities

  • Well
  • Septic System

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 06-1007-007003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,647

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: TRACT SE N OF HWY LOTS 26-27 EASTDALE PRO SEC 22-38-3E&100X433.53 FT SW OF EDW'S.HWY EX S PART FORST |
  • Parcel Number ID: 06-1007-007003
  • Platted: Yes
  • Cross Street: BETWEEN N. MAIN/GUMWOOD AND FI
  • Grid: Harris
  • Location: City, Commercial
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 108.94
  • State Id: 06-1007-007003
  • Parcel Description: 0-2.9999
  • Restrictions: Deed Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Side Of Road: North
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Commercial, Office, Residential
  • Year Taxes Payable: 2013
  • Special Features: None

Exterior Features

  • Road Frontage: State

Garage/Parking

  • Parking: Garage, Off Street

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Sewer Type: Septic

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Prairie Vista
  • Middle School: Clay
  • High School: Penn
  • Elementary School: Prairie Vista

Lot Info

  • Lot Dimensions: 433x200
  • Estimated Lot Sq Ft: 78408
  • Estimated Lot Size Acres: 1.8
  • Land Features: Garage, House

Tax Info

  • Annual Taxes: 2647.48
  • Tax Code: Tax Code 06-Harris

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Feb 14, 2014
Sold by
Studebaker Corp
Bought by
Jjsj Llc
Seller's Agent
John Piraccini
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$179,000
Sold Price
$195,000
Premium/Discount to List
$16,000
8.94%
Current Estimated Value
$312,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,587
Avg. Annual Appreciation
4.10%
Original Mortgage
$170,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Young Robin D and Evans Joseph M
Bought by
The Studebaker Corporation
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
Jjsj Llc -- Meridian Title
The Studebaker Corporation -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjsj Llc $142,200
Closed Jjsj Llc $142,200
Closed Jjsj Llc $170,000
Previous Owner The Studebaker Corporation $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $195,000 +8.9% $139 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $179,000 -- $127 / 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 $4,546 $256,600 $100,700 $155,900
2023 $4,126 $254,700 $100,700 $154,000
2022 $4,126 $231,500 $100,700 $130,800
2021 $4,230 $218,300 $72,300 $146,000
2020 $3,497 $181,100 $60,600 $120,500
2019 $3,977 $205,600 $68,800 $136,800
2018 $3,387 $176,300 $59,000 $117,300
2017 $3,652 $183,200 $59,000 $124,200
2016 $2,492 $121,300 $39,100 $82,200
2014 $2,575 $120,100 $39,100 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 677341

Indiana Regional MLS

APN: 71-04-22-330-017.000-011