$43,250
SOLD MAY 19, 2016

226 E Farneman St South Bend, IN 46614

2 Beds
1 Bath
768 Sq Ft
6,360 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

21% Below List Price

230 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • ENERGY STAR/Reflective Roof
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Monroe Elementary Playground

About This Home

As of October 2022

CUTE SOUTH SIDE BUNGALOW. 2 SPACIOUS BEDROOMS, LARGE LIVING AREA AND EAT IN KITCHEN. ONE CAR GARAGE, FULL BASEMENT. RECENTLY UPDATED ELECTRIC AND NEW TEAR OFF ROOF. HARDWOOD FLOORS. AMPLE CLOSET SPACE EXTRA STORAGE SPACE IN THE BASEMENT. CONVENIENT LOCATION.

Last Agent to Sell the Property

Lisa LeBlanc

Cressy & Everett - South Bend Listed on: 09/02/2015

Cressy & Everett - South Bend

Last Buyer's Agent

Lisa LeBlanc

Cressy & Everett - South Bend Listed on: 09/02/2015

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 6,360 Sq Ft Lot
  • Lot Dimensions are 53 x 120
  • Irregular Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Stone Exterior Construction

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Marshall Elementary School
  • Monroe Central Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • ENERGY STAR/Reflective Roof
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-332-004.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1942
  • Age: 74
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BEVERLY HEIGHTS 3RD ADDITION |
  • Parcel Number ID: 71-08-24-332-004.000-026
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.33
  • Year Taxes Payable: 2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 768
  • Above Grade Finished Sq Ft: 768
  • Below Grade Sq Ft: 768
  • Price Per Sq Ft: 56.32
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Hardwood Floors
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 768

Exterior Features

  • Exterior: Aluminum, Stone
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 12x20
  • Garage Sq Ft: 240
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 53 X 120
  • Estimated Lot Sq Ft: 6360
  • Estimated Lot Size Acres: 0.146
  • Lot Number: 53

Green Features

  • Energy Efficient: Roofing

Tax Info

  • Annual Taxes: 1484
  • Total Assessed Value: 56800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 14, 2022
Sold by
Brown Jacob A
Bought by
Hardy Melissa
Seller's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
Buyer's Agent
Tina Herman
Open Door Realty, Inc
List Price
$94,900
Sold Price
$99,000
Premium/Discount to List
$4,100
4.32%
Total Days on Market
230
Views
30
Current Estimated Value
$122,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,472
Avg. Annual Appreciation
8.51%
Original Mortgage
$79,000
Outstanding Balance
$76,561
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$46,050

Purchase Details

Listed on
Sep 2, 2015
Closed on
May 16, 2016
Sold by
Farneman 226 Llc
Bought by
Brown Jacob A and Brown Keith A
Seller's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
Buyer's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
List Price
$54,900
Sold Price
$43,250
Premium/Discount to List
-$11,650
-21.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$41,087
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2015
Sold by
Nyers Chris L and Gordon Elizabeth Ann
Bought by
Gordon Farneman
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,000 New Conventional
Previous Owner $41,087 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $99,000 +4.3% $129 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $94,900 +119.4% $124 / Sq Ft
05/19/2016 05/19/16 Sold $43,250 -21.2% $56 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $54,900 -- $71 / 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 $1,361 $140,900 $10,200 $130,700
2023 $843 $116,100 $10,200 $105,900
2022 $843 $77,500 $10,200 $67,300
2021 $689 $60,000 $12,000 $48,000
2020 $662 $58,000 $11,600 $46,400
2019 $724 $68,100 $11,100 $57,000
2018 $644 $58,300 $9,500 $48,800
2017 $653 $57,800 $9,500 $48,300
2016 $701 $57,800 $9,500 $48,300
2014 $1,484 $56,800 $9,500 $47,300
2013 $1,488 $56,800 $9,500 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201542739

Indiana Regional MLS

APN: 71-08-24-332-004.000-026