NOT LISTED FOR SALE

Estimated Value: $115,506 - $138,000

4 Beds
2 Baths
1,238 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $95,500 $77 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $897/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • ENERGY STAR/Reflective Roof
  • Wood Flooring
  • 2 Car Garage
  • Laundry Facilities

About This Home

As of December 2022

Investors Get Ready to Own A Property that is waiting for New Ownership! Property has 2 Tenant Occupied Units: 1st Level has 2 beds/1 bath and Upper Level has 3 beds/1 bath. Property has 2 Car Detached Garage and includes the Vacant Lot on left side of property that can be used for overflow parking or entertainment for Tenant use. The Lot has a separate Legal Description. Please include it in Offer: N 1/2 LOT 3 So Bend & Gary Land Co. Duplex has a new roof (2020), New AC Unit (2021) & newer windows-Upper Unit. Property being sold in "AS-IS" Condition. Pre-Inspection Report will be available upon request Only to Qualified Buyers.

Last Listed By

Leigh Holland

Cressy & Everett- Elkhart Listed on: 11/07/2022

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1886

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 38 x 153
  • Privacy Fence
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Parking Lot
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/Reflective Roof

Schools

  • Madison Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electric, fuel, heating, lawn maintenance, maintenance, water
  • Assessor Parcel Number 71-08-14-432-025.000-026

Community Details

Overview

  • 2 Units
  • Rum Village Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $120
  • Fuel Expense $250
  • Water Sewer Expense $80

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,687

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1886
  • Age: 136
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 LOT 2 South Bend & Gary Land Co; N 1/2 LOT 3 So Bend & Gary Land Co
  • Parcel Number ID: 71-08-14-432-025.000-026
  • Platted: Yes
  • Amenities: Off Street Parking
  • Grid: Northwest Bloomington Cit-1000
  • Parcel Id2: 71-08-14-432-026.000-026
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2476
  • Total Finished Sq Ft: 1238
  • Above Grade Finished Sq Ft: 1238
  • Below Grade Sq Ft: 1238
  • Price Per Sq Ft: 77.14
  • Basement: Yes
  • Basement Foundation: Michigan Basement, Unfinished
  • Basement Material: Block
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1238
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Fence: Privacy
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Lot, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Energy Star A/C
  • Annual Electric: 120
  • Annual Fuel Expense: 250
  • Annual Water Sewer Expense: 80
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38 x 153
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Green Features

  • Energy Efficient: HVAC, Roofing

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Water

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1686.8

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
Nov 7, 2022
Closed on
Dec 8, 2022
Sold by
Steed Allen
Bought by
Connell Anthony
Seller's Agent
Leigh Holland
Cressy & Everett- Elkhart
List Price
$95,500
Sold Price
$95,500
Total Days on Market
10
Views
29
Current Estimated Value
$131,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,377
Avg. Annual Appreciation
12.82%
Original Mortgage
$71,625
Outstanding Balance
$69,898
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$57,828

Purchase Details

Closed on
Mar 22, 2019
Sold by
Storin Don P
Bought by
Steed Allen

Purchase Details

Closed on
Aug 30, 2006
Sold by
Voeker Roger H
Bought by
Storin Don P

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
Connell Anthony -- Fidelity National Title
Steed Allen -- Near North Title
Storin Don P -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Anthony $71,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $95,500 0.0% $77 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $95,500 -- $77 / 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 $1,988 $80,100 $6,500 $73,600
2023 $1,915 $79,800 $6,500 $73,300
2022 $1,915 $79,800 $6,500 $73,300
2021 $1,687 $68,500 $1,900 $66,600
2020 $1,687 $68,500 $1,900 $66,600
2019 $1,413 $68,500 $1,900 $66,600
2018 $523 $20,100 $1,900 $18,200
2017 $537 $19,900 $1,900 $18,000
2016 $268 $19,900 $1,900 $18,000
2014 $512 $19,600 $1,900 $17,700
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202245864

Indiana Regional MLS

APN: 71-08-14-432-025.000-026