NOT LISTED FOR SALE

1708 Leer St South Bend, IN 46613

Estimated Value: $120,000 - $143,000

3 Beds
2 Baths
2,707 Sq Ft
$48/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $124,900 $46 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $783/month

43 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Partially Carpeted

About This Home

As of May 2024

Investor alert! Great opportunity to own a duplex that's ready to be rented. New roof, windows, and siding all within the last year. Large downstairs unit with 2 bedrooms was most recently rented for $1100/month and the 1 bedroom upstairs unit rented for $900/month. Separate electric meters. Upstairs unit is fully electric so splitting utilities between tenants isn't difficult. New carpet and the upstairs bedroom. Detached garage. Large front porch. Selling "As is, where is".

Last Agent to Sell the Property

Jen Arizmendi

Addresses Unlimited, LLC Listed on: 03/14/2024

Last Buyer's Agent

Janell Dickerson

Howard Hanna SB Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $749

Year Built

  • Built in 1897

Lot Details

  • 5,808 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Fenced Yard
  • Irregular Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-18-331-002.000-026

Community Details

Overview

  • 2 Units
  • Leer Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$749

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1897
  • Age: 127
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 35 LEERS 1ST
  • Parcel Number ID: 71-09-18-331-002.000-026
  • Platted: Yes
  • Amenities: Basement, Fenced Yard
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3591
  • Total Finished Sq Ft: 2707
  • Above Grade Finished Sq Ft: 2707
  • Below Grade Sq Ft: 884
  • Price Per Sq Ft: 46.14
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 884
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 44X132
  • Estimated Lot Sq Ft: 5808
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 35

Tax Info

  • Total Assessed Value: 31200
  • Annual Property Tax: 749

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 4, 2024
Sold by
Ditos Investments Llc and Williams Kim C
Bought by
Shortt Karen Elizabeth
Seller's Agent
Jen Arizmendi
Addresses Unlimited, LLC
Buyer's Agent
Janell Dickerson
Howard Hanna SB Real Estate
List Price
$139,900
Sold Price
$124,900
Premium/Discount to List
-$15,000
-10.72%
Views
57
Current Estimated Value
$128,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,771
Avg. Annual Appreciation
3.49%
Original Mortgage
$93,675
Outstanding Balance
$92,833
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$36,874

Purchase Details

Closed on
May 8, 2023
Sold by
Ditos Investments Llc
Bought by
Williams Kim C and Ditos Investments Llc

Purchase Details

Closed on
Jul 27, 2022
Sold by
Williams Jesse M
Bought by
Williams Jesse M and Jmw Revocable Trust

Purchase Details

Closed on
Apr 10, 2019
Sold by
Minnick Joseph A
Bought by
Ditos Investments Llc

Purchase Details

Closed on
Mar 21, 2013
Sold by
Hentz Minnick Theresa and Hentz Theresa
Bought by
Minnick Joseph A

Purchase Details

Closed on
Mar 6, 2008
Sold by
Lindow Kenneth E
Bought by
Wells Fargo Bank Na
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
Shortt Karen Elizabeth $124,900 Fidelity National Title Compan
Williams Kim C -- None Listed On Document
Williams Jesse M -- None Listed On Document
Ditos Investments Llc -- Fidelity National Title
Minnick Joseph A -- None Available
Wells Fargo Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shortt Karen Elizabeth $93,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $124,900 0.0% $46 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $124,900 -3.8% $46 / Sq Ft
04/16/2024 04/16/24 Price Changed $129,900 -3.7% $48 / Sq Ft
04/01/2024 04/01/24 Price Changed $134,900 -3.6% $50 / Sq Ft
03/14/2024 03/14/24 For Sale $139,900 -- $52 / 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 $830 $56,300 $7,600 $48,700
2023 $749 $31,200 $7,600 $23,600
2022 $749 $31,200 $7,600 $23,600
2021 $648 $23,400 $1,800 $21,600
2020 $605 $23,400 $1,800 $21,600
2019 $276 $23,300 $1,700 $21,600
2018 $299 $23,300 $1,700 $21,600
2017 $331 $25,800 $1,700 $24,100
2016 $335 $25,800 $1,700 $24,100
2014 $290 $25,200 $1,700 $23,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202408370

Indiana Regional MLS

APN: 71-09-18-331-002.000-026