NOT LISTED FOR SALE

1609 N Brookfield St South Bend, IN 46628

Estimated Value: $71,000 - $90,000

2 Beds
1 Bath
720 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 24, 2020

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

Est. 236% increase in value since last sale

Current estimated payment $500/month

24 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of July 2020

Good investment and income producing property. Occupied single family home. 2 bedroom, 1 bathroom with a bonus room in upstairs walk up attic. Laundry in basement. Current rent is $750/ month, current lease is month to month. Sold "As Is" Property next door for sale 1605 MLS# 202020839

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

Year Built

  • Built in 1945

Lot Details

  • 4,961 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Level Lot

Interior Spaces

  • 1-Story Property
  • Walkup Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

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
  • The owner pays for sewer, water
  • Assessor Parcel Number 71-03-34-476-028.000-026

Property Details

Home Type

Multi-Family

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 78 ELWOOD MANOR 1ST ADD
  • Parcel Number ID: 71-03-34-476-028.000-026
  • Platted: Yes
  • Amenities: Off Street Parking, Attic-Walk-up
  • Sp Lp Percent: 78.6
  • Monthly Gross Income: 750
  • Year Taxes Payable: 2019
  • 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, Wood
  • Total Below Grade Sq Ft: 720
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 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: 4961
  • Estimated Lot Size Acres: 0.1139
  • Lot Number: 78

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 750
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 589

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
$78,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,400
Avg. Annual Appreciation
28.24%

Purchase Details

Closed on
Sep 2, 2016
Sold by
Cikvari Boris
Bought by
Borisco Co

Purchase Details

Listed on
Jun 29, 2015
Closed on
Aug 19, 2015
Sold by
Shaffer Steve
Bought by
Borisco Corp
Seller's Agent
Marybeth Erichsen
Cressy & Everett - South Bend
Buyer's Agent
Marybeth Erichsen
Cressy & Everett - South Bend
List Price
$29,000
Sold Price
$21,000
Premium/Discount to List
-$8,000
-27.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%

Purchase Details

Listed on
Jun 29, 2015
Closed on
Aug 8, 2015
Sold by
Rhodium Holdings Llc
Bought by
Shaffer Steve
Seller's Agent
Marybeth Erichsen
Cressy & Everett - South Bend
Buyer's Agent
Marybeth Erichsen
Cressy & Everett - South Bend
List Price
$29,000
Sold Price
$21,000
Premium/Discount to List
-$8,000
-27.59%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Purvis Steve
Bought by
Rhodium Holdings Llc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Us Bank National Association
Bought by
Purvis Steve

Purchase Details

Closed on
May 21, 2009
Sold by
Damico Anthony
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 3, 2005
Sold by
Reini Inc
Bought by
Damico Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2005
Sold by
Bank Of New York
Bought by
Reini Inc

Purchase Details

Closed on
Jan 25, 2005
Sold by
Doolittle David
Bought by
Not Provided
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 Co -- --
Borisco Corp -- Meridian Title
Shaffer Steve -- Meridian Title
Rhodium Holdings Llc -- Nations Title Agency
Purvis Steve -- Statewide Title Company Inc
U S Bank National Association $10,000 None Available
Damico Anthony -- None Available
Reini Inc -- None Available
Not Provided $21,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damico Anthony $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 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 +42.4% $42 / Sq Ft
08/19/2015 08/19/15 Sold $21,000 -27.6% $29 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $29,000 -- $40 / 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 $684 $58,600 $5,900 $52,700
2023 $648 $26,900 $5,900 $21,000
2022 $648 $58,500 $5,900 $52,600
2021 $1,212 $48,700 $800 $47,900
2020 $693 $27,100 $800 $26,300
2019 $589 $27,300 $800 $26,500
2018 $695 $27,300 $800 $26,500
2017 $714 $48,500 $800 $47,700
2016 $1,278 $48,500 $800 $47,700
2014 $1,346 $51,500 $800 $50,700
2013 $1,357 $51,800 $800 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Julia Robbins

    Seller's Agent in 2020

    Julia Robbins

    RE/MAX

    (574) 210-6957

    580 Total Sales

    Julia Robbins
    Section Image
  • Aaron Bechtel

    Buyer's Agent in 2020

    Aaron Bechtel

    BIG Realty Services, LLC

    (574) 651-7089

    94 Total Sales

    Aaron Bechtel
    Section Image
  • Marybeth Erichsen

    Seller's Agent in 2015

    Marybeth Erichsen

    Cressy & Everett - South Bend

    (574) 299-6795

    84 Total Sales

    Marybeth Erichsen
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202020823

Indiana Regional MLS

APN: 71-03-34-476-028.000-026

Indiana St Joseph County South Bend 46628

1609 N Brookfield St, South Bend, IN

This home is located at 1609 N Brookfield St, South Bend, IN 46628 since 05 June 2020 and is currently estimated at $78,900, approximately $109 per square foot. This property was built in 1945. 1609 N Brookfield St is a home located in St. Joseph County with nearby schools including Darden Elementary School, Dickinson Fine Arts Academy, and Clay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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