NOT LISTED FOR SALE
4 Beds
4 Baths
2,472 Sq Ft
4,182 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $143,250 $58 Per Sq Ft

13 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Carpet

About This Home

As of July 2021

What an income producing machine! Fully Occupied and generating $650 per month per unit. Producing $31,200 per year in Gross Rent plus coin laundry. Units have been recently remodeled.

Last Listed By

Rodger Pendl

eXp Realty, LLC Listed on: 05/18/2021

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1922

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 42 x 94
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • The owner pays for electric, heating, sewer, tax, water
  • Assessor Parcel Number 71-08-13-481-020.000-026

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $720
  • Insurance Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$808

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1922
  • Age: 99
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 3 EX 37 FT W END OAK PARK 4TH ADD
  • Parcel Number ID: 71-08-13-481-020.000-026
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 93.02
  • Monthly Gross Income: 2600
  • Special Features: None

Interior Features

  • Total Sq Ft: 3624
  • Total Finished Sq Ft: 2472
  • Above Grade Finished Sq Ft: 2472
  • Below Grade Sq Ft: 1152
  • Price Per Sq Ft: 57.95
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block, Brick
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1152
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Fuel Expense: 720
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 42 x 94
  • Estimated Lot Sq Ft: 4182
  • Estimated Lot Size Acres: 0.096

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Sewer, Tax, Water

Tax Info

  • Exemptions: Homestead, Supplemental
  • Annual Property Tax: 808.06

Multi Family

  • Gross Monthly Rent: 2600
  • Number Of Dishwashers: 4
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $143,250 -7.0% $58 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $154,000 +105.3% $62 / Sq Ft
04/17/2020 04/17/20 Sold $75,000 +3.4% $30 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $72,500 -6.9% $29 / Sq Ft
01/30/2020 01/30/20 Price Changed $77,900 -8.2% $32 / Sq Ft
01/10/2020 01/10/20 For Sale $84,900 +24.9% $34 / Sq Ft
04/01/2014 04/01/14 Sold $68,000 0.0% $213 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
07/18/2012 07/18/12 For Sale $68,000 -- $213 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202118412

Indiana Regional MLS