NOT LISTED FOR SALE

1605 N Brookfield St South Bend, IN 46628

Estimated Value: $68,000 - $93,000

2 Beds
1 Bath
720 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $23,500 $33 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $487/month

24 Days on Market

Highlights

  • Level Lot
  • Carpet
  • 1-Story Property

About This Home

As of July 2020

Good income producing property. Occupied single family home for sale. Investors will find this property to be a great money making opportunity. 2 bedroom, 1 bathroom with a bonus room in upstairs walk up attic. Laundry in basement. Current rent is $676/ month, current lease is month to month. Sold "As Is" Property next door available as well 1609 MLS #202020823.

Last Agent to Sell the Property

Julia Robbins

RE/MAX 100 Listed on: 06/05/2020

RE/MAX 100

Last Buyer's Agent

Aaron Bechtel

BIG Realty Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Level Lot

Interior Spaces

  • 1-Story Property
  • Carpet
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Marquette Elementary School
  • Brown Middle School
  • Clay High School

Utilities

  • Heating System Uses Gas

Community Details

  • Insurance Expense $700
  • Maintenance Expense $200
  • Trash Expense $150
  • Water Sewer Expense $900

Listing and Financial Details

  • Tenant pays for electric, fuel
  • Assessor Parcel Number 71-03-34-476-029.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$557

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1945
  • Age: 75
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 77 ELWOOD MANOR 1ST
  • Parcel Number ID: 71-03-34-476-029.000-026
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 78.6
  • Monthly Gross Income: 676
  • Year Taxes Payable: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 720
  • Above Grade Finished Sq Ft: 720
  • Below Grade Sq Ft: 720
  • Price Per Sq Ft: 32.64
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 720
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 200
  • Annual Trash Expense: 150
  • Annual Water Sewer Expense: 900
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x124
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 676
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 557

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 30, 2020
Sold by
Borisco Company
Bought by
Shalem Dori and Uchiyama Akiko
Seller's Agent
Julia Robbins
RE/MAX 100
Buyer's Agent
Aaron Bechtel
BIG Realty Services, LLC
List Price
$29,900
Sold Price
$23,500
Premium/Discount to List
-$6,400
-21.4%
Total Days on Market
24
Current Estimated Value
$76,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,142
Avg. Annual Appreciation
27.47%

Purchase Details

Listed on
Jun 10, 2014
Closed on
Jul 31, 2014
Sold by
Devolpi Judy and Wise Jeanne
Bought by
Borisco Company
Seller's Agent
Donna Roman
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Pam Adams
At Home Realty Group
List Price
$23,900
Sold Price
$22,000
Premium/Discount to List
-$1,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Source: Public Records

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Range of Values:

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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
Shalem Dori -- Drake Andrew R
Borisco Company -- Meridian Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $23,500 -21.4% $33 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $29,900 +35.9% $42 / Sq Ft
07/31/2014 07/31/14 Sold $22,000 -7.9% $20 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $23,900 -- $22 / 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 $687 $45,700 $5,900 $39,800
2023 $648 $27,000 $5,900 $21,100
2022 $648 $61,600 $4,700 $56,900
2021 $1,126 $45,100 $1,400 $43,700
2020 $1,108 $44,400 $1,400 $43,000
2019 $557 $25,700 $900 $24,800
2018 $585 $22,700 $800 $21,900
2017 $599 $22,400 $800 $21,600
2016 $612 $22,400 $800 $21,600
2014 -- $31,100 $1,000 $30,100
2013 -- $36,500 $1,100 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202020839

Indiana Regional MLS

APN: 71-03-34-476-029.000-026