$403,500
SOLD NOV 6, 2024
12 Beds
8 Baths
4,100 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

1% Above List Price

14 Days on Market

Highlights

  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Carpet
  • Corner Lot
  • Community Storage Space

About This Home

As of November 2024

Great investment property! It is next to Ignition Park and directly enroute to the bypass and Four Winds Casino. Currently it is fully occupied. This building was originally the Toth Bank and was fully renovated into 4 spacious, comfortable apartments. Each apartment has large, vaulted ceilings and 3 bedrooms. One bedroom and a half bath on each main level, and two bedrooms and full bath upstairs. Building has large common areas in basement (2000 sq ft) for laundry and work out area. Property has 4 off-street parking spaces. Each unit has central air conditioning and heat.

Last Agent to Sell the Property

Adrian Stackhouse

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 08/26/2024

Weichert Rltrs-J.Dunfee&Assoc.

Co-Listed By

David St. Clair

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Julia Robbins

RE/MAX 100

RE/MAX 100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1929

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 162x38
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-08-14-331-019.000-026

Community Details

Overview

  • 4 Units
  • Beyerleys Subdivision

Amenities

  • Community Storage Space

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $7,953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,433

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1929
  • Age: 95
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 8
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 4
  • Legal Description: LOT 42 BYERLEYS ADD
  • Parcel Number ID: 71-08-14-331-019.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Ceilings-Vaulted, Water Heater Gas
  • Cross Street: W. Indiana
  • Sp Lp Percent: 101.13
  • Monthly Gross Income: 6400
  • Year Taxes Payable: 2023 payable 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 6100
  • Total Finished Sq Ft: 4100
  • Above Grade Finished Sq Ft: 4100
  • Below Grade Sq Ft: 2000
  • Price Per Sq Ft: 98.41
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 2000
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 7953
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 162x38
  • Estimated Lot Sq Ft: 5445
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 42

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 6400
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3433

MLS Schools

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

Range of Values:

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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
11/06/2024 11/06/24 Sold $403,500 +1.1% $98 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $399,000 +37.6% $97 / Sq Ft
08/15/2019 08/15/19 Sold $290,000 0.0% $66 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $290,000 +163.6% $66 / Sq Ft
10/24/2017 10/24/17 Sold $110,000 -37.1% $25 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $175,000 +6.1% $40 / Sq Ft
01/09/2015 01/09/15 Sold $165,000 -5.7% $38 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $175,000 -- $40 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202432619

Indiana Regional MLS