NOT LISTED FOR SALE

18485 Madrid Ct South Bend, IN 46637

Estimated Value: $328,000 - $392,000

3 Beds
2 Baths
1,700 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $186,500 $110 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,224/month

259 Days on Market

Highlights

  • Waterfront
  • Formal Dining Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Cul-De-Sac
  • Patio

About This Home

As of March 2012

THIS STUNNING RANCH IS LOCATED ON A PEACEFUL POND & HAS AMAZING VIEWS! OPEN INVITING FLOOR PLAN! FANTASTIC KITCHEN W/ GRANITE COUNTERS & STAINLESS STEEL APPLIANCES (INCLUDED) ! BEAUTIFUL BRAZILLIAN HARDWOOD FLOORS! SPACIOUS MASTER SUITE OVERLOOKS WATER! NICE DECK PLUS AN OPEN PATIO! LOWER LEVEL WALK-OUT IS PLUMBED FOR BATH! BEAUTIFUL LANDSCAPED YARD. MANY EXPENSIVE UPGRADES! IMMACULATE--MUST SEE! Less than 1 Acre

Last Agent to Sell the Property

Kathy White

Berkshire Hathaway HomeServices Northern Indiana Real Estate Listed on: 06/13/2011

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Last Buyer's Agent

Kim Huston

Coldwell Banker 1st Choice

Coldwell Banker 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 160x190
  • Waterfront
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Disposal
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Farmington Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-1014-028733

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 52 Farmington Hills Sec 3 |
  • Parcel Number ID: 02-1014-028733
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Deck Open, Disposal, Garage Door Opener, Patio Open, Formal Dining Room, Main Floor Laundry
  • Grid: Clay
  • Sp Lp Percent: 0.96
  • State Id: 02-1014-028733
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1700
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Price Per Sq Ft: 109.71
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Den: On Level: Main
  • Bedroom 1: On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Aluminum, Stone, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Association Fees: 125

Schools

  • School District: South Bend Community School Corp.

Lot Info

  • Lot Description: Cul-De-Sac, Waterfront, 0-2.9999
  • Lot Dimensions: 160x190

Tax Info

  • Annual Taxes: 2329.68
  • Total Assessed Value: 217600
  • Tax Code: Tax Code 02-Clay

MLS Schools

  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2011
Closed on
Mar 23, 2012
Sold by
Donegan Steven
Bought by
Donegan Steven and Labonne Diana G
Seller's Agent
Kathy White
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Kim Huston
Coldwell Banker 1st Choice
List Price
$209,900
Sold Price
$186,500
Premium/Discount to List
-$23,400
-11.15%
Current Estimated Value
$364,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,582
Avg. Annual Appreciation
5.03%
Original Mortgage
$177,175
Outstanding Balance
$124,772
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$235,531

Purchase Details

Listed on
Jun 13, 2011
Closed on
Mar 19, 2012
Sold by
Smith Justin R and Turcott Zae
Bought by
Dongegan Steven
Seller's Agent
Kathy White
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Kim Huston
Coldwell Banker 1st Choice
List Price
$209,900
Sold Price
$186,500
Premium/Discount to List
-$23,400
-11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,175
Outstanding Balance
$124,772
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$235,531

Purchase Details

Closed on
May 28, 2008
Sold by
Weiss Homes Inc
Bought by
Smith Jsutin R and Turcott Zae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,400
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2007
Sold by
Kendall Weiss Llp
Bought by
Weiss Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Donegan Steven -- Metropolitan Title
Dongegan Steven -- Metropolitan Title
Smith Jsutin R -- Metropolitan Title In Llc
Weiss Homes Inc -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dongegan Steven $177,175
Previous Owner Smith Jsutin R $204,400
Previous Owner Weiss Homes Inc $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2012 03/23/12 Sold $186,500 -11.1% $110 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
06/13/2011 06/13/11 For Sale $209,900 -- $123 / 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 $2,890 $270,400 $59,500 $210,900
2023 $3,134 $270,700 $59,500 $211,200
2022 $3,134 $265,700 $59,500 $206,200
2021 $2,827 $229,800 $39,700 $190,100
2020 $2,892 $235,000 $39,700 $195,300
2019 $2,275 $222,700 $38,800 $183,900
2018 $2,548 $227,400 $38,800 $188,600
2017 $2,077 $185,300 $32,100 $153,200
2016 $2,515 $212,300 $32,100 $180,200
2014 $2,575 $213,000 $32,100 $180,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 662821

Indiana Regional MLS

APN: 71-04-18-253-013.000-003