NOT LISTED FOR SALE

Estimated Value: $188,000 - $221,935

4 Beds
3 Baths
2,660 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $220,000 $83 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,311/month

139 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Corner Lot
  • Adams High School Rated A-
  • Wood Flooring
  • 3-minute walk to Navarre Cabin At Leeper Park

About This Home

As of March 2024

Within blocks of Notre Dame and Downtown, 2 blocks to Memorial Hospital and 1 block to the St. Joe River along with a park across the street and Leeper Park just across Michigan Street. Live in 1 unit and rent out the other 2 OR have it as an investment property. Everything was redone within the last 5 to 7 years including plumbing, electrical, water, heating and air conditioning. Upper two units are identical with all electric heating cooling and range/oven, 1 bedroom and bath, large living room and big eat-in kitchen. Lower level is all 1 unit with gas furnace, central air and gas range/oven, large kitchen with island, 2 bedrooms, 1 bath, foyer and large living room. There are 2 washers and 2 dryers in the basement for all tenants to use. ALL UNITS ARE RENTED PLEASE GIVE 72 HOUR NOTICE TO SHOW and NO WEEKDAY SHOWING BEFORE 5:15 pm due to two tenants work from home.

Last Listed By

Linda Derricott

Diamond Realty & Associates Brokerage Phone: 574-532-9639 Listed on: 09/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1922

Lot Details

  • 2,520 Sq Ft Lot
  • Lot Dimensions are 40 x 63
  • Corner Lot
  • Level Lot
  • Historic Home

Home Design

  • Triplex
  • Colonial Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Outdoor Features

  • Covered patio or porch

Location

  • Suburban Location
  • The property is located in a historic district

Schools

  • Madison Elementary School
  • Edison Middle School
  • Adams High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for building insurance, sewer, trash collection, water
  • Assessor Parcel Number 71-08-01-327-001.000-026

Community Details

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,000
  • Maintenance Expense $2,260
  • Trash Expense $900
  • Water Sewer Expense $900

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,374

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1922
  • Age: 102
  • Style: Two Story
  • Architectural Style: Colonial
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 35 Ex 52 1/2 Ft S End Hammond & Whitcomb 1st Add
  • Parcel Number ID: 71-08-01-327-001.000-026
  • Platted: Yes
  • Amenities: Basement, Deck Open, Eat-In Kitchen, Kitchen Island, Porch Covered, Water Heater Electric, Water Heater Gas
  • Cross Street: St Joseph
  • Location: City/Town/Suburb, Historic District, Near College Campus
  • Sp Lp Percent: 67.69
  • Monthly Gross Income: 2800
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3990
  • Total Finished Sq Ft: 2660
  • Above Grade Finished Sq Ft: 2660
  • Below Grade Sq Ft: 1330
  • Price Per Sq Ft: 82.71
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Wood
  • Total Below Grade Sq Ft: 1330
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Dimensional Shingles
  • Stories: 2

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Electricity, Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Water Company: South Bend Municipal Util
  • Annual Electric: 600
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 2260
  • Annual Trash Expense: 900
  • Annual Water Sewer Expense: 900
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Corner, Level, Historic Designation, 0-2.9999
  • Lot Dimensions: 40 x 63
  • Estimated Lot Sq Ft: 2520
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Sewer, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 2800
  • Number Of Dishwashers: 3
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 3373.98

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

Listed on
Sep 29, 2023
Closed on
Mar 26, 2024
Sold by
Jc Sunshine Investments Llc
Bought by
Gregg John J and Gregg Amanda H
Seller's Agent
Linda Derricott
Diamond Realty & Associates
Buyer's Agent
Stephen DiJulius
St. Joseph Realty Group
List Price
$360,000
Sold Price
$220,000
Premium/Discount to List
-$140,000
-38.89%
Total Days on Market
139
Views
198
Current Estimated Value
$211,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,766
Avg. Annual Appreciation
4.30%
Original Mortgage
$216,015
Outstanding Balance
$213,919
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$16,617

Purchase Details

Closed on
Oct 7, 2016
Sold by
Bogunia Justin
Bought by
Jc Sunshine Investments Llc

Purchase Details

Closed on
Mar 20, 2015
Sold by
Deutsche Bank Trust
Bought by
Bogunia Justin

Purchase Details

Closed on
Oct 3, 2013
Sold by
St Joseph County Sheriff
Bought by
Deutsche Bank Natl Trt Co

Purchase Details

Closed on
Apr 21, 2005
Sold by
Hughes James K and Hughes Penny D
Bought by
Vo Haiyen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Gregg John J $220,000 None Listed On Document
Jc Sunshine Investments Llc -- --
Bogunia Justin $34,000 --
Deutsche Bank Natl Trt Co $71,400 --
Vo Haiyen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregg John J $216,015
Previous Owner Vo Haiyen $111,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $220,000 -32.3% $83 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $325,000 -9.7% $122 / Sq Ft
09/29/2023 09/29/23 For Sale $360,000 +904.8% $135 / Sq Ft
01/05/2015 01/05/15 Sold $35,829 +110.8% $14 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/26/2014 11/26/14 For Sale $17,000 -- $7 / 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 $1,676 $177,100 $10,500 $166,600
2023 $3,374 $140,600 $10,500 $130,100
2022 $3,374 $140,600 $10,500 $130,100
2021 $3,129 $125,000 $6,100 $118,900
2020 $3,366 $134,900 $6,100 $128,800
2019 $2,823 $134,700 $5,900 $128,800
2018 $3,396 $136,000 $5,900 $130,100
2017 $2,552 $100,500 $5,900 $94,600
2016 $2,605 $100,500 $5,900 $94,600
2014 $2,598 $99,400 $5,900 $93,500
2013 $2,604 $99,400 $5,900 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202335853

Indiana Regional MLS

APN: 71-08-01-327-001.000-026