$165,000
SOLD JAN 9, 2015
12 Beds
8 Baths
4,400 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

6% Below List Price

168 Days on Market

Highlights

  • Corner Lot
  • Ceiling height of 9 feet or more
  • Laundry Facilities
  • Home Security System
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of November 2024

Great investment property! It is next to Ignition Park and fully occupied! This building was originally the Toth Bank and was recently fully renovated into 4 spacious, comfortable apartments. Each apartment has large vaulted ceilings and 3 bedrooms. Building has large common areas in basement for laundry and work out area. Property has 4 parking spaces. Each unit has central air conditioning and one apartment even has the old bank vault in it!

Last Agent to Sell the Property

Amber Kydd

At Home Realty Group Listed on: 07/03/2014

Last Buyer's Agent

Amber Kydd

At Home Realty Group Listed on: 07/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1929

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 162 x 38
  • Chain Link Fence
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms

Basement

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

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • 4 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

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 cooling, electric, heating, trash collection
  • The owner pays for maintenance, water
  • Assessor Parcel Number 71-08-14-331-019.000-026

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $670
  • Insurance Expense $475
  • Maintenance Expense $600
  • Water Sewer Expense $4,800

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,214

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1929
  • Age: 85
  • Style: Two Story
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 8
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 4
  • Legal Description: LOT 42 BEYERLEYS ADD |
  • Parcel Number ID: 71-08-14-331-019.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Alarm System-Security, Ceiling-9+, Fire Sprinkler System, Water Heater Gas
  • Cross Street: W Indiana Ave
  • Grid: South Bend SW
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.63
  • Monthly Gross Income: 2600
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 6400
  • Total Finished Sq Ft: 4400
  • Above Grade Finished Sq Ft: 4400
  • Below Grade Sq Ft: 2000
  • Price Per Sq Ft: 37.5
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 2000
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Lot

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 670
  • Annual Insurance Expense: 475
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 4800
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 2
  • Number Water Meters: 5

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

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: 162 X 38
  • Estimated Lot Sq Ft: 5445
  • Estimated Lot Size Acres: 0.125

Rental Info

  • Owner Pays: Maintenance, Water
  • Tenant Pays: Cooling, Electric, Heating, Trash Collection

Multi Family

  • Gross Monthly Rent: 2600
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2214

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: 201427938

Indiana Regional MLS