NOT LISTED FOR SALE

Estimated Value: $130,000 - $206,092

4 Beds
4 Baths
3,538 Sq Ft
$50/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $200,000 $57 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,107/month

18 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 2 Car Garage
  • Corner Lot

About This Home

As of July 2023

GREAT INVESTMENT 3 UNIT APARTMENT. LIVE IN ONE AND RENT THE OTHERS. ALL BRICK EXTERIOR, TWO CAR GARAGE AND NICE SIZED LOT IN BACK. MAIN FLOOR APARTMENT IS VERY SPACIOUS WITH LARGE LIVING, DINING, SUNROOM, KITCHEN, TWO BEDROOMS, MUD ROOM AND BATH. TWO UPSTAIRS UNITS ARE EACH ONE BEDROOM. ONE UNIT IS CURRENTLY RENTED TO LONG TERM TENNANT. FINISHED LOWER LEVEL. UPDATED WINDOWS. THIS PROPERTY IS IN VERY NICE CONDITION WITH NATURAL WOODWORK AND NEWER FLOORING AND KITCHEN ON MAIN FLOOR.

Last Agent to Sell the Property

Christine Tirotta

Cressy & Everett - South Bend Listed on: 06/09/2023

Cressy & Everett - South Bend

Last Buyer's Agent

Adam Pendl

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1922

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 41x187
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • 1 Bathroom in Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Coquillard Elementary School
  • Dickinson Middle School
  • Washington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, trash collection, water
  • Assessor Parcel Number 71-08-03-261-001.000-026

Community Details

Overview

  • 3 Units
  • Prast Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $2,219
  • Insurance Expense $2,000
  • Maintenance Expense $200
  • Trash Expense $200
  • Water Sewer Expense $765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,883

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1922
  • Age: 101
  • Style: Two Story
  • Architectural Style: Square
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 1 AUGUSTUS PRAST SUB
  • Parcel Number ID: 71-08-03-261-001.000-026
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Cross Street: HUEY
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.89
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 2625
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 6476
  • Total Finished Sq Ft: 3538
  • Above Grade Finished Sq Ft: 2638
  • Below Grade Finished Sq Ft: 900
  • Above Grade Unfinished Sq Ft: 2638
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 75.82
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Wood, Tile
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1200
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util
  • Annual Fuel Expense: 2219
  • Annual Insurance Expense: 2000
  • Annual Maintenance Expense: 200
  • Annual Trash Expense: 200
  • Annual Water Sewer Expense: 765
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Coquillard
  • Middle School: Dickinson
  • High School: Washington
  • Elementary School: Coquillard

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 41X187
  • Estimated Lot Sq Ft: 7667
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 1

Rental Info

  • Lease Term: 2 Years
  • Owner Pays: Heating, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 100500
  • Annual Property Tax: 3883

Multi Family

  • Gross Monthly Rent: 2625
  • Number Of Refrigerators: 4
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

  • High School: Washington
  • Middle School: Dickinson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 21, 2023
Sold by
Willis Elvis and Willis Willie Joyce
Bought by
Walton Wayman
Seller's Agent
Christine Tirotta
Cressy & Everett - South Bend
Buyer's Agent
Adam Pendl
eXp Realty, LLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Total Days on Market
18
Views
116
Current Estimated Value
$178,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,477
Avg. Annual Appreciation
-5.89%

Purchase Details

Closed on
Jul 17, 2019
Sold by
Willis Elvis and Willis Willie Joyce
Bought by
Willis Brent H and Willis Elvis

Purchase Details

Closed on
Jan 23, 2019
Sold by
Willis Elvis
Bought by
Willis Elvis and Willis Willie Joyce
Source: Public Records

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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
Walton Wayman $200,000 Metropolitan Title
Willis Brent H -- None Available
Willis Elvis -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $200,000 -11.1% $57 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $225,000 -- $64 / 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 $1,259 $100,400 $3,900 $96,500
2023 $2,414 $100,500 $3,900 $96,600
2022 $2,414 $100,500 $3,900 $96,600
2021 $2,349 $92,400 $3,900 $88,500
2020 $2,348 $92,400 $3,900 $88,500
2019 $1,972 $92,100 $3,700 $88,400
2018 $2,358 $93,300 $3,700 $89,600
2017 $2,346 $92,200 $3,700 $88,500
2016 $2,394 $92,200 $3,700 $88,500
2014 $2,385 $91,200 $3,700 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202319712

Indiana Regional MLS

APN: 71-08-03-261-001.000-026