NOT LISTED FOR SALE

18491 Madrid Ct South Bend, IN 46637

Estimated Value: $401,000 - $437,000

3 Beds
2 Baths
2,550 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $200,000 $78 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,538/month

2 Days on Market

Highlights

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

About This Home

As of September 2013

BEAUTIFUL VILLA STYLE RANCH ON A WOODED CUL-DE-SAC LOT JUST MINUTES TO NOTRE DAME AND UP MALL AREA. FEATURES INCLUDE LARGE DECK OVERLOOKING PRIVATE, PEACEFUL POND, GREAT NEIGHBORHOOD WITH CITY WATER AND SEWER. OPEN, BRIGHT FLOORPLAN. UPGRADED WHIRLPOOL APPLIANCES. NEW GRANITE COUNTERTOPS, PLENTY OF KITCHEN STORAGE. PLEASANT NEUTRAL D?COR, WOOD FLOORING IN LIVING ,DINING, KLITCHEN AND MASTER BEDROOM. WALKOUT BASEMENT HAS A HUGE FINISHED FAMILY ROOM AND IS ALREADY READYFRAMED FOR 4TH BEDROOM AND THE THIRD FULL BATH. THIS HOME WILL NOT DISSAPPOINT

Last Agent to Sell the Property

Joseph Molnar

Realst8.com LLC Listed on: 08/08/2013

Last Buyer's Agent

Sarah Dalton

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 2009

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Farmington Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-1014-028734

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,671

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2009
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 53 Farmington Hills Sec 3 |
  • Parcel Number ID: 02-1014-028734
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Disposal, Eat-In Kitchen, Garage Door Opener, Patio Covered, Formal Dining Room
  • Grid: Clay
  • Sp Lp Percent: 0.98
  • State Id: 02-1014-028734
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2550
  • Total Finished Sq Ft: 2550
  • Above Grade Finished Sq Ft: 1700
  • Below Grade Finished Sq Ft: 850
  • Price Per Sq Ft: 117.65
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Basement
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1700

Exterior Features

  • Exterior: Aluminum, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • 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, Level, Rolling, Waterfront

Tax Info

  • Annual Taxes: 2671.32
  • Total Assessed Value: 224300
  • 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
Aug 8, 2013
Closed on
Sep 16, 2013
Sold by
Davenport Randall
Bought by
Ferman Jayson E and Ferman Christine M
Seller's Agent
Joseph Molnar
Realst8.com LLC
Buyer's Agent
Sarah Dalton
Cressy & Everett - South Bend
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
$418,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,114
Avg. Annual Appreciation
6.54%
Original Mortgage
$204,300
Outstanding Balance
$154,691
Interest Rate
4.39%
Mortgage Type
VA
Estimated Equity
$271,234

Purchase Details

Listed on
Apr 14, 2011
Closed on
May 3, 2012
Sold by
Pettit Lorren E and Pettit Diana L
Bought by
Davenport Randall
Seller's Agent
Brian Waters
Mentor Listing Realty,Inc.
Buyer's Agent
Joseph Molnar
Realst8.com LLC
List Price
$210,000
Sold Price
$187,000
Premium/Discount to List
-$23,000
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$172,550
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Weiss Homes Inc
Bought by
Pettit Lorren E and Pettit Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,633
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 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
6.54%
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
Ferman Jayson E -- Metropolitan Title
Davenport Randall -- Metropolitan Title In Llc
Pettit Lorren E -- Metropolitan Title In Llc
Weiss Homes Inc -- Metropolitian Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferman Jayson E $204,300
Previous Owner Davenport Randall $172,550
Previous Owner Pettit Lorren E $210,633
Previous Owner Weiss Homes Inc $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $200,000 -2.4% $78 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $205,000 +9.6% $80 / Sq Ft
05/03/2012 05/03/12 Sold $187,000 -11.0% $110 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
04/14/2011 04/14/11 For Sale $210,000 -- $124 / 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 $3,123 $314,700 $90,100 $224,600
2023 $3,075 $288,900 $90,100 $198,800
2022 $3,376 $323,000 $102,400 $220,600
2021 $3,344 $271,800 $68,400 $203,400
2020 $3,287 $267,300 $68,400 $198,900
2019 $2,579 $253,100 $65,900 $187,200
2018 $2,897 $257,500 $65,900 $191,600
2017 $2,518 $220,400 $54,400 $166,000
2016 $2,190 $194,900 $27,200 $167,700
2014 $5,358 $227,100 $54,400 $172,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joseph Molnar

    Realst8.com LLC

    Section Image
  • Sarah Dalton

    Buyer's Agent in 2013

    Sarah Dalton

    Cressy & Everett - South Bend

    (574) 344-8393

    7 Total Sales

    Sarah Dalton
    Section Image

  • B

    Seller's Agent in 2012

    Brian Waters

    Mentor Listing Realty,Inc.

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 679828

Indiana Regional MLS

APN: 71-04-18-253-014.000-003

Indiana St Joseph County South Bend 46637

18491 Madrid Ct, South Bend, IN

This home is located at 18491 Madrid Ct, South Bend, IN 46637 since 08 August 2013 and is currently estimated at $418,114, approximately $163 per square foot. This property was built in 2009. 18491 Madrid Ct is a home located in St. Joseph County with nearby schools including Darden Elementary School, Dickinson Fine Arts Academy, and Clay 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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