NOT LISTED FOR SALE

Estimated Value: $68,000 - $79,000

3 Beds
1 Bath
792 Sq Ft
$91/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $60,000 $76 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $519/month

63 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Level Lot
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2023

Calling all investors! Don't miss this opportunity to own your next investment. Nice sized two bedroom, 1 bath unit with endless possibilities.

Last Agent to Sell the Property

Ashley Hairston

Coldwell Banker Realty dba Coldwell Banker Residential Brokerage Listed on: 11/21/2022

Coldwell Banker Realty dba Coldwell Banker Residential Brokerage

Last Buyer's Agent

SB NonMember

NonMember SB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1926

Lot Details

  • 5,054 Sq Ft Lot
  • Lot Dimensions are 38x133
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Kennedy Elementary School
  • Dickinson Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Community Details

  • Maintenance Expense $500

Listing and Financial Details

  • Tenant pays for cooling, electric, trash collection
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 71-08-03-451-030.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,228

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1926
  • Age: 97
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: WEST 1/3 OF LOTS 17-18-19-20 & EAST 1/2 VAC ALLEY WEST & ADJ GUILFOYLE & CURTIS SUB OF LOT 10 K & M ADD
  • Parcel Number ID: 71-08-03-451-030.000-026
  • Platted: Yes
  • Amenities: Porch Open
  • Sp Lp Percent: 75
  • Monthly Gross Income: 500
  • Year Taxes Payable: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2376
  • Total Finished Sq Ft: 792
  • Above Grade Finished Sq Ft: 792
  • Above Grade Unfinished Sq Ft: 792
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 75.76
  • Basement Foundation: Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: Private
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38X133
  • Estimated Lot Sq Ft: 5054
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 1710

Rental Info

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

Tax Info

  • Total Assessed Value: 47000
  • Annual Property Tax: 1228

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 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

Closed on
May 11, 2023
Sold by
Colombatti Dante
Bought by
Avanti Indiana Llc
Total Days on Market
63
Current Estimated Value
$71,693

Purchase Details

Listed on
Nov 21, 2022
Closed on
Feb 22, 2023
Sold by
Givens Property Investors Llc
Bought by
Colombatti Dante
Seller's Agent
Ashley Hairston
Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Buyer's Agent
SB NonMember
NonMember SB
List Price
$100,000
Sold Price
$60,000
Premium/Discount to List
-$40,000
-40%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$42,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2021
Sold by
Givens Brian
Bought by
Given Property Investors Llc

Purchase Details

Closed on
Aug 9, 2017
Sold by
Kloski Alexander F
Bought by
Givens Brian
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
Avanti Indiana Llc -- None Listed On Document
Colombatti Dante $60,000 Metropolitan Title
Given Property Investors Llc -- None Available
Givens Brian -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colombatti Dante $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $60,000 -25.0% $76 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $80,000 -20.0% $101 / Sq Ft
11/21/2022 11/21/22 For Sale $100,000 -- $126 / 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 $1,411 $57,800 $4,000 $53,800
2023 $1,241 $57,400 $4,000 $53,400
2022 $1,241 $51,700 $4,000 $47,700
2021 $1,193 $47,000 $3,500 $43,500
2020 $1,228 $49,400 $3,700 $45,700
2019 $828 $37,100 $2,800 $34,300
2018 $1,194 $48,200 $3,000 $45,200
2017 $1,234 $47,800 $3,000 $44,800
2016 $1,260 $47,800 $3,000 $44,800
2014 $1,226 $46,900 $3,000 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202247556

Indiana Regional MLS

APN: 71-08-03-451-030.000-026