NOT LISTED FOR SALE

Estimated Value: $160,000 - $208,000

4 Beds
4 Baths
1,782 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $345,000 $194 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $1,201/month

558 Days on Market

Highlights

  • Eat-In Kitchen
  • Walk-In Closet
  • Landscaped
  • Double Pane Windows
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of November 2017

Property Re-listed! Investor Special with a price reduction! Rare opportunity to own 4 matching buildings, 8 units total, on South Bends desirable South Side. With 16 total bedrooms, and 16 full bathrooms, these cash-flowing duplexes (all next to each other) each include; Separate utilities, furnaces, and water heaters. A spacious eat-in kitchen furnished with a stove, refrigerator, and dishwasher. A main-floor master suite with a separate full bathroom and a walk-in closet. Off street parking, patios, and full basements with washer/dryer hook-ups. These units also include an open floor plan, and lots of storage throughout. Each unit has been rehabbed within the last 3-years with active leases extending into the following year. Sale includes the following addresses: 1921 Greenock, 1923 Greenock, 1927 Greenock, 1929 Greenock, 1931 Greenock, 1933 Greenock, 1935 Greenock, and 1937 Greenock. Properties can also be branched off and separated into separate tax parcels for future individual condo sales. Contact the listing agent for further details, financials, and lease terms before this investment opportunity is gone!

Last Agent to Sell the Property

JP Wielgos

Platinum Property Advisors Listed on: 02/17/2016

Last Buyer's Agent

JP Wielgos

Platinum Property Advisors Listed on: 02/17/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,190

Year Built

  • Built in 1978

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 48x105
  • Wood Fence
  • Landscaped

Home Design

  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Crawl Space

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Public Parking
  • Private Parking
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Hamilton Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 71-09-30-476-001.000-002

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Maintenance Expense $3,000

Additional Features

  • 8 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,190

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1978
  • Age: 39
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOTS 27 & 28 GARDEN QUARTER SEC A |
  • Parcel Number ID: 71-09-30-476-001.000-002
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Attic Storage, Cable Available, Cable Ready, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped, Patio Open, Six Panel Doors, Storm Doors, Water Heater Electric, Water Heater Gas, Washer Hook-Up
  • Cross Street: Kintyre and Broara
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.85
  • Annual Miscellaneous: 5000
  • Monthly Gross Income: 4850
  • Year Taxes Payable: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3564
  • Total Finished Sq Ft: 1782
  • Above Grade Finished Sq Ft: 1782
  • Below Grade Sq Ft: 1782
  • Price Per Sq Ft: 193.6
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1782
  • Number Of Ranges Ovens: 8
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Fence: Wood
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 8
  • Parking: Off Street, Paved, Private, Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: AT&T, Comcast, Dish Network, DirectTV
  • Annual Maintenance Expense: 3000
  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Number Of W D Hookups: 8
  • Number Water Meters: 8

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 48x105
  • Estimated Lot Sq Ft: 5040
  • Estimated Lot Size Acres: 0.1157

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Rental Info

  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 4850
  • Number Of Dishwashers: 8
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of2 Bedrooms: 8
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 5190.38

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
Aug 24, 2021
Sold by
Jf Holdings In Llc
Bought by
Ebenezer Oak Llc
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,559
Outstanding Balance
$287,885
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$100,885

Purchase Details

Listed on
Feb 17, 2016
Closed on
Nov 1, 2017
Sold by
Robert Gasner Llc
Bought by
Jf Holdings In Llc
Seller's Agent
JP Wielgos
Platinum Property Advisors
Buyer's Agent
JP Wielgos
Platinum Property Advisors
List Price
$500,000
Sold Price
$345,000
Premium/Discount to List
-$155,000
-31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.41%
Original Mortgage
$276,000
Interest Rate
3.83%

Purchase Details

Closed on
Nov 20, 2013
Sold by
Homeworks Funding Group Llc
Bought by
Robert Gasner Llc

Purchase Details

Closed on
Jun 14, 2012
Sold by
Tiffany John A and Tiffany Allison
Bought by
Homeworks Funding Group Llc

Purchase Details

Closed on
Jul 12, 2006
Sold by
Tiffany John
Bought by
Tiffany Investments Llc

Purchase Details

Closed on
May 16, 2006
Sold by
Crooks Leslie E and Crooks Nikki H
Bought by
Tiffany John
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
Ebenezer Oak Llc $500,000 Chicago Title
Jf Holdings In Llc -- --
Robert Gasner Llc -- --
Homeworks Funding Group Llc $30,712 None Available
Tiffany Investments Llc -- None Available
Tiffany John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebenezer Oak Llc $317,559
Previous Owner Jf Holdings In Llc $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $345,000 -31.0% $194 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
02/17/2016 02/17/16 For Sale $500,000 -- $281 / 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 $2,520 $121,800 $43,800 $78,000
2023 $2,493 $103,900 $43,800 $60,100
2022 $2,536 $103,900 $43,800 $60,100
2021 $2,578 $105,600 $13,700 $91,900
2020 $3,575 $147,200 $12,200 $135,000
2019 $1,087 $52,200 $11,500 $40,700
2018 $1,113 $44,800 $9,600 $35,200
2017 $1,134 $43,800 $9,600 $34,200
2016 $1,158 $43,800 $9,600 $34,200
2014 $1,103 $49,900 $8,200 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201606282

Indiana Regional MLS

APN: 71-09-30-476-001.000-002