NOT LISTED FOR SALE

1902 Catalpa Ave South Bend, IN 46613

Rum Village Neighborhood

Estimated Value: $123,000 - $144,000

3 Beds
2 Baths
2,496 Sq Ft
$54/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $52,000 $21 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $861/month

123 Days on Market

Highlights

  • Corner Lot
  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of December 2019

First time investor, large duplex , 3 car garage lots of potential with a little TLC 2 bedrooms up and 1 down , large garage with 2 doors

Last Listed By

Paul Gjemre

Coldwell Banker Real Estate Group Listed on: 07/05/2019

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Block Basement Construction
  • Laundry in Basement

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for cooling, fuel, heating, lawn maintenance, tax, trash collection
  • Assessor Parcel Number 71-08-14-452-001.000-026

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $700

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Age: 89
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Long Legal
  • Parcel Number ID: 71-08-14-452-001.000-026
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Inside City Limits: Yes
  • Sp Lp Percent: 88.14
  • Monthly Gross Income: 1200
  • County Zoning: Unknown
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 3396
  • Total Finished Sq Ft: 2496
  • Above Grade Finished Sq Ft: 2496
  • Below Grade Sq Ft: 900
  • Price Per Sq Ft: 20.83
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Unfinished
  • Basement Material: Block
  • Flooring: Vinyl Tile
  • Total Below Grade Sq Ft: 900
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asbestos
  • Stories: 2

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Annual Insurance Expense: 700
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50X140
  • Estimated Lot Sq Ft: 7000
  • Estimated Lot Size Acres: 0.1607
  • Lot Number: 49

Rental Info

  • Owner Pays: Cooling, Fuel, Heating, Lawn Maintenance, Tax, Trash Collection
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 37000
  • Tax Code: Tax Code 18-S.B. Portage
  • Annual Property Tax: 1302

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

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

Closed on
Jan 17, 2023
Sold by
Hostetler Alan R
Bought by
Thomas George W
Total Days on Market
123
Current Estimated Value
$134,669

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jan 3, 2020
Sold by
Hostetler Alan R
Bought by
Thomas George W
Seller's Agent
Paul Gjemre
Coldwell Banker Real Estate Group
Buyer's Agent
Barry Skalski
Michiana Realty LLC
List Price
$69,000
Sold Price
$52,000
Premium/Discount to List
-$17,000
-24.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%

Purchase Details

Listed on
Jul 5, 2019
Closed on
Dec 30, 2019
Sold by
Hostetler Alan R
Bought by
Hostetler Alan R
Seller's Agent
Paul Gjemre
Coldwell Banker Real Estate Group
Buyer's Agent
Barry Skalski
Michiana Realty LLC
List Price
$69,000
Sold Price
$52,000
Premium/Discount to List
-$17,000
-24.64%

Range of Values:

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Average Value
Not Available
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
Thomas George W -- --
Thomas George W -- None Listed On Document
Hostetler Alan R -- None Listed On Document
Hostetler Alan R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $52,000 -11.9% $21 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
09/24/2019 09/24/19 Price Changed $59,000 -7.8% $24 / Sq Ft
07/23/2019 07/23/19 Price Changed $64,000 -7.2% $26 / Sq Ft
07/05/2019 07/05/19 For Sale $69,000 -- $28 / 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 $1,378 $75,400 $2,600 $72,800
2023 $1,300 $53,900 $2,600 $51,300
2022 $1,300 $53,900 $2,600 $51,300
2021 $1,297 $69,400 $3,000 $66,400
2020 $2,382 $68,800 $2,300 $66,500
2019 $1,467 $37,700 $5,600 $32,100
2018 $1,320 $37,700 $5,600 $32,100
2017 $1,278 $37,000 $5,600 $31,400
2016 $1,302 $37,100 $5,600 $31,500
2014 $1,163 $44,300 $5,700 $38,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Gjemre

    Seller's Agent in 2019

    Paul Gjemre

    Coldwell Banker Real Estate Group

    (574) 286-0379

    2 in this area

    65 Total Sales

    Paul Gjemre
    Section Image
  • Barry Skalski

    Buyer's Agent in 2019

    Barry Skalski

    Michiana Realty LLC

    (574) 395-7653

    2 in this area

    139 Total Sales

    Barry Skalski
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201928290

Indiana Regional MLS

APN: 71-08-14-452-001.000-026

Indiana St Joseph County South Bend 46613 Rum Village

1902 Catalpa Ave, South Bend, IN

Homes for Sale in South Bend, IN

This home is located at 1902 Catalpa Ave, South Bend, IN 46613 since 05 July 2019 and is currently estimated at $134,669, approximately $53 per square foot. This property was built in 1930. 1902 Catalpa Ave is a home located in St. Joseph County with nearby schools including Monroe Primary Center, Jackson Middle School, and Riley 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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