NOT LISTED FOR SALE

2002 Abbey Rd Unit 1 South Bend, IN 46637

Estimated Value: $262,000 - $281,000

3 Beds
2 Baths
1,323 Sq Ft
$241/mo HOA Fee

Last Sold September 18, 2020

Last sale price $169,000 $128 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,999/month

46 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Adams High School Rated A-
  • Clubhouse
  • Stone Countertops

About This Home

As of September 2020

All Amenities on 1 floor , overlooking a Large pond , .06 MILE from N.D. , Great place to enjoy a evening cookout. Updated Kitchen with new cabinets , Granite counter , Stainless Steel Appliances , Breakfast Bar. No Steps from 2 car garage to the Home! Hard to find main level condo under $200k. Updated Baths , MBR Bath has Walk in shower. Exterior of the entire Complex in the middle of a complete rehab. Pool and Community Center for you to Enjoy. A great hidden community poised to continue increasing in value. Central location by shopping , Schools and N.D. Campus. Approval of owners by H.O.A. ask agent for fees and restrictions. Condos in the area twice to three times this price.

Last Agent to Sell the Property

Bruce Gordon

Hallmark Real Estate, Inc. Listed on: 06/21/2020

Last Buyer's Agent

Abram Christianson

Howard Hanna SB Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1973

Lot Details

  • Waterfront
  • Split Rail Fence

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Stone Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Schools

  • Perley Elementary School
  • Edison Middle School
  • Adams High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 71-04-31-282-026.000-003

Community Details

Overview

  • $476 Other Monthly Fees
  • New London Lakes Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,151

Year Built

Built in 1973

Lot Details

0

HOA Fees

$241 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1973
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: APARTMENT 1 BUILDING B 3 GARAGE G 1 B3 NEW LONDON LAKE CONDOMINIUM
  • Parcel Number ID: 71-04-31-282-026.000-003
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Near Walking Trail, Patio Open, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Cross Street: Bulla / Ironwood .6 mile East
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • Road Access: City
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1323
  • Total Finished Sq Ft: 1323
  • Above Grade Finished Sq Ft: 1323
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 9x9, On Level: Main
  • Den: Dimensions: 8x7, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 14x10, On Level: Main
  • Bedroom 3: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Split-Rail

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Water Company: South Bend Municipal Util
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 241
  • Association Fees Frequency: Monthly
  • Common Amenities: Clubhouse, Swimming Pool
  • Other Fee Description: $476 fees are terminated 6/2021 Special Assessment
  • Other Fees Dollar: 476

Schools

  • Elementary School: Perley

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 13
  • Estimated Lot Sq Ft: 13
  • Estimated Lot Size Acres: 0.0003

Tax Info

  • Annual Taxes: 1151
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Adams
  • Middle School: Edison
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Peddy Revocable Trust
Bought by
Desouza John
Current Estimated Value
$272,144

Purchase Details

Closed on
Jan 18, 2024
Sold by
Peddy Revocable Trust
Bought by
Desouza John

Purchase Details

Closed on
Sep 9, 2021
Sold by
Peddy Luther and Peddy Kay
Bought by
Peddy Trust

Purchase Details

Listed on
Jun 21, 2020
Closed on
Sep 25, 2020
Sold by
Grandin Elizabeth S
Bought by
Peddy Luther and Peddy Kay
Seller's Agent
Bruce Gordon
Hallmark Real Estate, Inc.
Buyer's Agent
Abram Christianson
Howard Hanna SB Real Estate
List Price
$179,000
Sold Price
$169,000
Premium/Discount to List
-$10,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Listed on
Jun 21, 2020
Closed on
Sep 18, 2020
Sold by
Grandin Elizabeth S
Bought by
Peddy Luther and Peddy Kay
Seller's Agent
Bruce Gordon
Hallmark Real Estate, Inc.
Buyer's Agent
Abram Christianson
Howard Hanna SB Real Estate
List Price
$179,000
Sold Price
$169,000
Premium/Discount to List
-$10,000
-5.59%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Harrison Thomas R
Bought by
Grandin Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,623
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2011
Sold by
Hickey Patrick W and Hickey Karen M
Bought by
Harrison Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Voll Karen Hickey
Bought by
Lubbers Elaine
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
Desouza John -- Metropolitan Title
Desouza John $237,500 Metropolitan Title
Peddy Trust -- None Available
Peddy Luther -- Drake Andrew R
Peddy Luther -- None Listed On Document
Grandin Elizabeth S -- Metropolitan Title
Harrison Thomas R -- Metropolitan Title In Llc
Lubbers Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grandin Elizabeth S $131,623
Previous Owner Harrison Thomas R $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $169,000 0.0% $128 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $169,000 -5.6% $128 / Sq Ft
06/21/2020 06/21/20 For Sale $179,000 -- $135 / 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 $4,010 $189,000 $6,200 $182,800
2022 $3,422 $177,200 $6,200 $171,000
2021 $3,422 $142,500 $5,400 $137,100
2020 $1,165 $121,700 $4,500 $117,200
2019 $1,151 $134,300 $5,000 $129,300
2018 $1,026 $123,600 $4,300 $119,300
2017 $784 $102,900 $3,700 $99,200
2016 $799 $102,900 $3,700 $99,200
2014 $2,622 $104,000 $3,700 $100,300
Source: Public Records

Agents Affiliated with this Home

  • Bruce Gordon

    Seller's Agent in 2020

    Bruce Gordon

    Hallmark Real Estate, Inc.

    (574) 876-3537

    99 Total Sales

    Bruce Gordon
    Section Image
  • Abram Christianson

    Buyer's Agent in 2020

    Abram Christianson

    Howard Hanna SB Real Estate

    (574) 309-0602

    303 Total Sales

    Abram Christianson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202023331

Indiana Regional MLS

APN: 71-04-31-282-026.000-003

Indiana St Joseph County South Bend 46637

2002 Abbey Rd Unit 1, South Bend, IN

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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