$110,000
SOLD OCT 24, 2017
12 Beds
8 Baths
4,400 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

37% Below List Price

37 Days on Market

About This Home

As of November 2024

Solid investment opportunity! 4 two story units that are fully occupied. Each apartment has 3 bedrooms and 1.5 baths, each has been recently renovated, and all re in good condition. In addition, each unit has off street parking! Laundry in basement. New roof in 2017. Located close to Ignition Park. Don't miss your chance to create extra income for yourself for retirement, vacations, education... Give us a call!

Last Agent to Sell the Property

David Perry

RE/MAX 100 Listed on: 09/11/2017

RE/MAX 100

Last Buyer's Agent

David Perry

RE/MAX 100 Listed on: 09/11/2017

RE/MAX 100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 165 x 33

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $317
  • Fuel Expense $384
  • Insurance Expense $1,325
  • Maintenance Expense $4,000
  • Water Sewer Expense $2,672

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1929
  • Age: 88
  • 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: Off Street Parking
  • Sp Lp Percent: 73.38
  • Annual Miscellaneous: 3000
  • Monthly Gross Income: 2600
  • 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
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 2000
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 316.92
  • Annual Fuel Expense: 383.59
  • Annual Insurance Expense: 1325
  • Annual Maintenance Expense: 4000
  • Annual Water Sewer Expense: 2671.88

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 165 x 33
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3146.24

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: 201742147

Indiana Regional MLS