NOT LISTED FOR SALE

16140 Madison Rd South Bend, IN 46614

Estimated Value: $276,000 - $322,929

3 Beds
1.5 Baths
1,976 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $181,250 $92 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,724/month

1 Day on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Level Lot
  • Madison Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of February 2020

Ranch with three bedrooms, large living room/dining room with fireplace and a large 3 season porch that is included in the square footage. Garage is 2 car attached with additional tandem 2 car storage or workshop. Roof and furnace are newer installations. Rear yard is fenced with storage barn and a patio has a retractable awning and clothes line. This home has been well loved - come take a look!

Last Agent to Sell the Property

Carla Myers

RE/MAX 100 Listed on: 01/07/2020

RE/MAX 100

Last Buyer's Agent

Carla Myers

RE/MAX 100 Listed on: 01/07/2020

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1958

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 150x240
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Meadows Edge Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-14-16-226-003.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Age: 62
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 150' S Side Madison Rd x 240' Beg 570.3' W of NE Corner 16-36-3E Lot 5 Stubers Proposed
  • Parcel Number ID: 71-14-16-226-003.000-016
  • Platted: Yes
  • Sp Lp Percent: 103.57
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3952
  • Total Finished Sq Ft: 1976
  • Above Grade Finished Sq Ft: 1976
  • Above Grade Unfinished Sq Ft: 1976
  • Price Per Sq Ft: 91.73
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None, Dimensions: 6x10

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 19x24
  • Garage Sq Ft: 456
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Well Type: Private

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Meadows Edge
  • Middle School: Grissom
  • High School: Penn
  • Elementary School: Meadows Edge

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 150x240
  • Estimated Lot Sq Ft: 35719
  • Estimated Lot Size Acres: 0.82

Tax Info

  • Annual Taxes: 919
  • Exemptions: Homestead, Supplemental, Vet

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 6, 2020
Sold by
Nettrouer Omer and Nettrouer Brenda
Bought by
Ludwig Lance C and Ludwig Carrie L
Seller's Agent
Carla Myers
RE/MAX 100
Buyer's Agent
Carla Myers
RE/MAX 100
List Price
$199,000
Sold Price
$181,250
Premium/Discount to List
-$17,750
-8.92%
Current Estimated Value
$292,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,482
Avg. Annual Appreciation
8.77%
Original Mortgage
$145,000
Outstanding Balance
$128,387
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$164,345
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ludwig Lance C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig Lance C $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $181,250 +3.6% $92 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $175,000 -12.1% $89 / Sq Ft
01/07/2020 01/07/20 For Sale $199,000 -- $101 / 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 $2,125 $282,700 $46,700 $236,000
2023 $1,670 $228,500 $46,700 $181,800
2022 $1,541 $196,200 $46,700 $149,500
2021 $1,447 $175,400 $38,400 $137,000
2020 $837 $185,800 $43,000 $142,800
2019 $558 $155,700 $47,200 $108,500
2018 $919 $176,000 $51,500 $124,500
2017 $587 $143,700 $42,900 $100,800
2016 $579 $143,800 $42,900 $100,900
2014 $520 $97,600 $29,500 $68,100
Source: Public Records

Agents Affiliated with this Home

  • Carla Myers

    Seller's Agent in 2020

    Carla Myers

    RE/MAX

    (574) 993-0467

    48 Total Sales

    Carla Myers
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Map

Source: Indiana Regional MLS

MLS Number: 202000615

Indiana Regional MLS

APN: 71-14-16-226-003.000-016

Indiana St Joseph County South Bend 46614

16140 Madison Rd, South Bend, IN

This home is located at 16140 Madison Rd, South Bend, IN 46614 since 07 January 2020 and is currently estimated at $292,732, approximately $148 per square foot. This property was built in 1958. 16140 Madison Rd is a home located in St. Joseph County with nearby schools including Madison Elementary School, Virgil I. Grissom Middle School, and Penn 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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