NOT LISTED FOR SALE

Estimated Value: $264,218 - $515,000

4 Beds
2.5 Baths
2,116 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $250,000 $118 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,228/month

67 Days on Market

Highlights

  • Covered patio or porch
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • Adams High School Rated A-
  • Tile Flooring
  • Level Lot

About This Home

As of December 2021

Don’t miss out on this fantastic opportunity to own a unique home full of character and in the heart of downtown South Bend within walking distance to Howard Park, East Race, and local restaurants/shopping. This property is currently set up as a duplex but can easily be used as a single-family home by simply opening up a doorway. You'll love the high ceilings and period trim on the main floor unit which offers you 2 bedrooms, a dining room, a living room, a kitchen with newer stainless steel appliances, and 1.5 baths. Looking for extra space? Check out the partially finished basement that offers you an additional bedroom with egress as well as 2 additional egress windows allowing the potential to add more bedrooms! The second unit on the upper level offers you a quaint living space with 1 bedroom, a living room, an eat-in kitchen, and a full bath. In the event you chose to convert the property back to a single family home the upstairs living room could be used as a bedroom. This property offers loads of possibilities and the potential of a solid return on investment so don’t wait - schedule your showing today!

Last Listed By

Steve Smith

Irish Realty Listed on: 10/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1882

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 40x105
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Laundry in Basement
  • 1 Bedroom in Basement

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, water
  • The owner pays for electric, heating
  • Assessor Parcel Number 71-08-12-279-018.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,416

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1882
  • Age: 139
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT B WEISS HOMES 2ND REPLAT 99-00 REPLAT 8602 9-4-98 99-00 SPLIT 10450 10-27-98 99-00 VAC ORD 8917-98
  • Parcel Number ID: 71-08-12-279-018.000-026
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Foyer Entry, Porch Covered
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100.04
  • Monthly Gross Income: 1675
  • Special Features: None

Interior Features

  • Total Sq Ft: 3164
  • Total Finished Sq Ft: 2116
  • Above Grade Finished Sq Ft: 2116
  • Below Grade Sq Ft: 1048
  • Price Per Sq Ft: 118.15
  • Basement: Yes
  • Basement Foundation: Finished
  • Flooring: Carpet, Laminate, Tile
  • Total Below Grade Sq Ft: 1048
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Nuner
  • Middle School: Jefferson
  • High School: Adams

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 40x105
  • Estimated Lot Sq Ft: 4199
  • Estimated Lot Size Acres: 0.0964

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating
  • Tenant Pays: Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1675
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 3

Tax Info

  • Annual Property Tax: 2416.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jan 4, 2022
Sold by
East Race Villas Llc
Bought by
Smalstig Edward S and Smalstig Tara
Seller's Agent
Steve Smith
Irish Realty
Buyer's Agent
William McCarthy
RE/MAX 100
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Total Days on Market
67
Current Estimated Value
$357,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,055
Avg. Annual Appreciation
29.32%
Original Mortgage
$187,500
Outstanding Balance
$174,790
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$425,929

Purchase Details

Closed on
Apr 29, 2014
Sold by
Shein Cari
Bought by
East Race Villas Llc

Purchase Details

Closed on
Mar 17, 2014
Sold by
Kendall Weiss Llp
Bought by
Shein Cari

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
Smalstig Edward S -- Drake Andrew R
East Race Villas Llc -- --
Shein Cari -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smalstig Edward S $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $250,000 0.0% $118 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $249,900 -- $118 / 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 $2,744 $110,800 $10,000 $100,800
2023 $2,676 $111,500 $9,900 $101,600
2022 $2,676 $111,500 $9,900 $101,600
2021 $2,417 $100,700 $7,600 $93,100
2020 $2,417 $100,700 $7,600 $93,100
2019 $1,974 $98,700 $5,600 $93,100
2018 $2,378 $99,600 $5,600 $94,000
2017 $2,895 $97,400 $5,600 $91,800
2016 $3,748 $105,500 $20,200 $85,300
2014 $3,888 $107,600 $20,200 $87,400
2013 $3,895 $107,600 $20,200 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202144646

Indiana Regional MLS

APN: 71-08-12-279-018.000-026