$510,000
SOLD JUN 14, 2024
5 Acres
$96,958 Price per Acre
229,126 Sq Ft Lot

Recently Sold

23% Below List Price

683 Days on Market

About This Lot

As of June 2024

PRICE REDUCED!! Excellent development opportunity on heavily traveled Cleveland Rd (18,300 cars daily, INDOT Traffic Counts) just off the corner of Cleveland Rd and Hickory Rd. Approximately 5.26 acres zoned Residential, with 464 feet of frontage and city water nearby. Property also includes a 5,112 SF church in very good shape and a utility shed. The church includes a welcome area, a large gathering/worship area, and 2 restrooms upstairs, along with 2 large meeting rooms/classrooms, 4 offices, 2 restrooms, and a small kitchen area downstairs. Multiple storage rooms upstairs and downstairs Great proximity, 1/2 mile from the University Park Mall and Grape Rd/Main St Shopping Corridor, 1 mile from Heritage Square Shopping Plaza in Granger, 2.5 miles from the University of Notre Dame, 3.5 miles from the State Line, 4.5 miles from Downtown South Bend, and 7 miles from the South Bend International Airport. Also close to both Toll Road Interchanges, one on SR-331 (Capital Ave.) in Mishawaka (3 miles) and the other on IN-933 (S Dixie Way) in South Bend (3.5 miles). Zoned R: Residential. Tax Exempt due to church ownership.

Last Agent to Sell the Property

John Piraccini

Coldwell Banker Real Estate Group Brokerage Phone: 574-243-9522 Listed on: 04/14/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

John Piraccini

Coldwell Banker Real Estate Group Brokerage Phone: 574-243-9522 Listed on: 04/14/2022

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5

Year Built

  • 1968

Lot Details

  • 5.26 Acre Lot
  • Lot Dimensions are 464x489
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Swanson Elementary School
  • Clay Middle School
  • Clay High School

Utilities

  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-04-29-226-012.000-003

Property Details

Property Type

Land

Est. Annual Taxes

$5

Year Built

1968

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 280' X 528' ON CLEVELAND RD BEG 380' W OF NE COR NE 29-38-3E and 380' E & W X 528' N & S EX 158.57'X 488.06' BEG 40' S & 20' W OF NE COR NE 1/4 09/10 SPLIT TO COUNTY FOR STREET 3754TD 07-01-08
  • Parcel Number ID: 71-04-29-226-012.000-003
  • Platted: Yes
  • Parcel Id2: 71-04-29-226-013.000-003
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 85.71
  • Parcel Description: Level, 3-5.9999
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Multi-Family, Office, Residential
  • Year Taxes Payable: 2021
  • Special Features: None
  • Year Built (Public Record): 1968

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 464x489
  • Estimated Lot Sq Ft: 229126
  • Estimated Lot Size Acres: 5.26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 20, 2024
Sold by
Church Journey and Christian Life Assembly Of God Inc
Bought by
Journeys Holdings Llc
Seller's Agent
John Piraccini
Coldwell Banker Real Estate Group
Buyer's Agent
John Piraccini
Coldwell Banker Real Estate Group
List Price
$659,000
Sold Price
$510,000
Premium/Discount to List
-$149,000
-22.61%
Total Days on Market
683
Views
380
Current Estimated Value
$513,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,780
Original Mortgage
$408,000
Outstanding Balance
$404,931
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2023
Sold by
New Life Assembly Of God Of South Bend I
Bought by
Church Journey
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,000 Metropolitan Title
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $510,000 -14.3% --
02/26/2024 02/26/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $595,000 -5.4% --
12/28/2023 12/28/23 Price Changed $629,000 -4.6% --
12/06/2023 12/06/23 For Sale $659,000 0.0% --
11/08/2023 11/08/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $659,000 -13.2% --
04/19/2023 04/19/23 Price Changed $759,000 -8.4% --
03/02/2023 03/02/23 Price Changed $829,000 -10.8% --
04/14/2022 04/14/22 For Sale $929,000 -- --
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 $5 $179,700 $25,400 $154,300
2023 $5 $179,700 $25,400 $154,300
2022 $0 $179,700 $25,400 $154,300
2021 $5 $168,300 $27,900 $140,400
2020 $5 $168,300 $27,900 $140,400
2019 $5 $168,400 $27,900 $140,500
2018 $0 $168,400 $27,900 $140,500
2017 $5 $164,800 $27,900 $136,900
2016 $5 $163,800 $27,900 $135,900
2014 -- $165,000 $27,900 $137,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202213030

Indiana Regional MLS

APN: 71-04-29-226-012.000-003