NOT LISTED FOR SALE

225 E Colfax Ave South Bend, IN 46617

Estimated Value: $841,000 - $1,911,914

3 Beds
4 Baths
3,685 Sq Ft
3,877 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $489,000 $133 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,083/month

3 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Partially Wooded Lot
  • Central Air
  • Adams High School Rated A-
  • 2 Car Attached Garage
  • 2-minute walk to Seitz Park

About This Home

As of May 2020

A wonderful riverfront townhome.

Last Agent to Sell the Property

Dru Cash

RE/MAX 100 Listed on: 04/14/2020

RE/MAX 100

Last Buyer's Agent

Dru Cash

RE/MAX 100 Listed on: 04/14/2020

RE/MAX 100

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 2012

Lot Details

  • 25 Feet of Waterfront
  • River Front
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • 1 Bathroom in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Monroe Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • The river is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 71-08-12-127-010.000-026

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,469

Year Built

Built in 2012

Lot Details

3,877 Sq Ft Lot

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2012
  • Style: Three Story
  • Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: LOT 3 EAST BANK TOWNHOMES MINOR SUB NP# 132 01-06-11
  • Parcel Number ID: 71-08-12-127-010.000-026
  • Platted: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Sq Ft: 3705
  • Total Finished Sq Ft: 3685
  • Above Grade Finished Sq Ft: 2971
  • Below Grade Finished Sq Ft: 714
  • Below Grade Sq Ft: 20
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Bedroom 1: Dimensions: 17x12, On Level: Upper
  • Bedroom 2: Dimensions: 15x10, On Level: Upper
  • Bedroom 3: Dimensions: 20x18, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 734

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Water Frontage: 25
  • Water Name: St. Joe River Upper

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 16x22
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Water Type: River

Schools

  • Elementary School: Monroe

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 28x120
  • Estimated Lot Sq Ft: 3877
  • Estimated Lot Size Acres: 0.089
  • Lot Number: 3

Tax Info

  • Annual Taxes: 5469

Multi Family

  • Water Access: Riverfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Goldberg Margaret B and Goldberg Steven A
Bought by
Goldberg Trust
Current Estimated Value
$1,154,729

Purchase Details

Closed on
Nov 5, 2021
Sold by
Goldberg Margaret B and Goldberg Steven A
Bought by
Goldberg Margaret B and Goldberg Steven A

Purchase Details

Closed on
Aug 31, 2018
Sold by
Patel Neal B and De Amrita
Bought by
Goldberg Margaret B and Goldberg Steven A

Purchase Details

Listed on
Aug 15, 2014
Closed on
Apr 30, 2015
Sold by
Rice Richard J and Rice Patricia J
Bought by
Patel Neal B and Depatel Amrita
Seller's Agent
Bobbie Vanosdal
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Sioban Saddawi
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$496,300
Sold Price
$441,000
Premium/Discount to List
-$55,300
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$441,000
Interest Rate
3.12%

Purchase Details

Closed on
May 30, 2012
Sold by
East Bank South Bend Development Llc
Bought by
Rice Richard J and Rice Patricia J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Goldberg Trust -- None Available
Goldberg Margaret B -- --
Goldberg Margaret B -- Metropolitan Title
Patel Neal B -- Fidelity National Title
Rice Richard J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Neal B $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2020 05/22/20 Sold $489,000 -11.1% $133 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $549,900 +24.7% $149 / Sq Ft
04/30/2015 04/30/15 Sold $441,000 -11.1% $139 / Sq Ft View Prior Sale
02/16/2015 02/16/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $496,300 -- $156 / Sq Ft
Source: Indiana Regional MLS

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
2025 $12,107 $1,013,900 $16,200 $997,700
2024 $6,519 $985,000 $16,200 $968,800
2023 $6,476 $535,300 $16,200 $519,100
2022 $6,699 $541,000 $16,200 $524,800
2021 $6,638 $532,600 $43,500 $489,100
2020 $6,098 $489,900 $39,600 $450,300
2019 $6,065 $602,200 $35,400 $566,800
2018 $5,512 $446,800 $34,400 $412,400
2017 $5,675 $437,400 $34,400 $403,000
2016 $5,806 $437,400 $34,400 $403,000
2014 $6,926 $516,700 $34,400 $482,300
2013 $5,163 $387,700 $107,400 $280,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202018836

Indiana Regional MLS

APN: 71-08-12-127-010.000-026

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