NOT LISTED FOR SALE

Estimated Value: $111,316

10 Acres
$10,703 Price per Acre
453,024 Sq Ft Lot

Last Sold August 27, 2019

Last sale price $70,000

Est. 59% increase in value since last sale

Current estimated payment $822/month

126 Days on Market

About This Lot

As of August 2019

Located on the former Sibley Machine & Foundry site. Phase 1 has been done in the recent past. Possible City incentives available. South Bend's growing economic development makes us a great city to bring your business. The possibilities for this 10.4 acre vacant lot are endless! Fantastic location in Rum Village in southern South Bend. In close proximity to Downtown South Bend, Indiana University South Bend, and the University of Notre Dame, your business could thrive if placed here! With industrial and commercial zoning and as much land as this offers, this is an opportunity you will not want to miss. Call today for more information! Seller open to financing the buyer if needed.

Last Agent to Sell the Property

Joseph Tiffany

Tiffany Group Real Estate Advisors LLC Listed on: 10/16/2018

Last Buyer's Agent

Tyler Glenn

Tiffany Group Real Estate Advisors LLC

Property Details

Property Type

  • Land

Year Built

  • 1940

Lot Details

  • 10.4 Acre Lot
  • Finished Lot(s)
  • Subdivision Possible
  • Property is zoned I1

Parking

  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-151-001.000-026

Property Details

Property Type

Land

Year Built

1940

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: TRACT SW NW W OR RR CONT 4.13 AC ON S SIDE W ECKMAN ST & 3.75 AC N SIDE W ECKMAN ST SEC 24-37-2E |
  • Parcel Number ID: 71-08-24-151-001.000-026
  • Platted: Yes
  • Inside City Limits: Yes
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 87.61
  • Parcel Description: Corner, Level
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Commercial, Industrial
  • Special Features: None
  • Year Built (Public Record): 1940

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Sewer Type: City

Schools

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

Lot Info

  • Lot Dimensions: Irregular Lot
  • Estimated Lot Sq Ft: 453024
  • Estimated Lot Size Acres: 10.4

Tax Info

  • Annual Taxes: 2920
  • Total Assessed Value: 84400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Aug 29, 2019
Sold by
Mariusz Kurylo
Bought by
Juarez Jorge
Seller's Agent
Joseph Tiffany
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Total Days on Market
126
Current Estimated Value
$111,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,316
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Sep 28, 2018
Sold by
Auditor Of The County Of St Joseph
Bought by
Accucast Technology Llc

Purchase Details

Closed on
Sep 26, 2018
Sold by
St Joseph County Auditor
Bought by
Kurylo Mariusz
Source: Public Records

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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
Juarez Jorge -- Fidelity National Title
Accucast Technology Llc $500 None Listed On Document
Kurylo Mariusz $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Accucast Technology Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $70,000 -12.4% --
02/19/2019 02/19/19 Pending -- -- --
12/18/2018 12/18/18 Price Changed $79,900 -27.3% --
11/14/2018 11/14/18 Price Changed $109,900 -12.1% --
10/16/2018 10/16/18 For Sale $125,000 -- --
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 $2,369 $68,100 $56,400 $11,700
2023 $2,380 $70,000 $56,400 $13,600
2022 $2,380 $70,000 $56,400 $13,600
2021 $2,870 $84,400 $56,400 $28,000
2020 $2,869 $84,400 $56,400 $28,000
2019 $2,532 $84,400 $56,400 $28,000
2018 $2,859 $84,400 $56,400 $28,000
2017 $2,920 $83,400 $56,400 $27,000
2016 $42,650 $1,200,600 $116,600 $1,084,000
2014 $43,539 $1,204,900 $116,600 $1,088,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201846628

Indiana Regional MLS

APN: 71-08-24-151-001.000-026