NOT LISTED FOR SALE

2405 Basin St Unit 44 South Bend, IN 46614

Estimated Value: $310,000 - $379,000

0.2 Acre
$1,766,430 Price per Acre
8,712 Sq Ft Lot

Last Sold March 26, 2015

Last sale price $28,500

Est. 1,140% increase in value since last sale

Current estimated payment $2,227/month

196 Days on Market

About This Lot

As of March 2015

The Crescent Oaks subdivision is opened to approved builders. Neighborhood features Penn Schools, City Water and Sewer, Sidewalks and a 5 year tax abatement. Great southside location! Minutes from the Bypass, shopping and more! There are other lots available, see attachment. Remaining Lots are all $30,000. There currently are a few specs for sale in this neighborhood if you do not want to build but you want new construction.

Last Agent to Sell the Property

Tim Murray

Coldwell Banker Real Estate Group Listed on: 07/23/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Diane Bennett

Inspired Homes Indiana

Inspired Homes Indiana

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,110

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 135x65
  • Property fronts a state road
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Meadows Edge Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

  • Heating System Uses Gas

Community Details

  • Crescent Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-09-32-126-084.000-033

Property Details

Property Type

Land

Est. Annual Taxes

$3,110

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 44 Crescent Oaks Section 2 |
  • Parcel Number ID: 71-09-32-126-084.000-033
  • Platted: Yes
  • Cross Street: Canal Street and Ironwood
  • Grid: South Bend SE
  • Location: Subdivision
  • Road Access: State
  • Road Surface: Asphalt
  • Sp Lp Percent: 95
  • State Id: 2405BASIN
  • Zoning Description: RES
  • Parcel Description: Level, 0-2.9999
  • Restrictions: Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: City

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Meadows Edge
  • Middle School: Grissom
  • High School: Penn
  • Elementary School: Meadows Edge

Lot Info

  • Lot Dimensions: 135x65
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 44
  • Easements: Yes
  • Improvements: Sidewalks, Underground Service

Tax Info

  • Tax Code: Tax Code 26-S. Bend Penn

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2018
Sold by
Genovese Michael R and Genovese Megan
Bought by
Gonzalez Mario Y
Current Estimated Value
$353,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,373
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2018
Sold by
Genovese Michael R and Genovese Megan
Bought by
Gonzalez Mario Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,373
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2015
Sold by
Genovese Michael R
Bought by
Genovese Michael R and Genovese Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2014
Closed on
Mar 26, 2015
Sold by
Tampico Developments Llc
Bought by
Genovese Michael R
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Diane Bennett
Inspired Homes Indiana
List Price
$30,000
Sold Price
$28,500
Premium/Discount to List
-$1,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.48%
Original Mortgage
$137,700
Interest Rate
3.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gonzalez Mario Y $247,826 Fidelity National Title
Gonzalez Mario Y -- Fidelity National Title
Genovese Michael R -- Meridian Title
Genovese Michael R -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Mario Y $50,000
Open Gonzalez Mario Y $238,870
Closed Gonzalez Mario Y $245,373
Closed Gonzalez Mario Y $245,373
Previous Owner Genovese Michael R $171,200
Previous Owner Genovese Michael R $153,900
Previous Owner Genovese Michael R $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $28,500 -5.0% --
02/04/2015 02/04/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $30,000 -- --
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 $3,110 $302,800 $63,900 $238,900
2023 $3,062 $306,200 $63,900 $242,300
2022 $3,088 $308,800 $63,900 $244,900
2021 $2,461 $245,600 $20,000 $225,600
2020 $2,032 $234,400 $18,900 $215,500
2019 $1,718 $223,300 $17,900 $205,400
2018 $262 $173,400 $15,600 $157,800
2017 $170 $170,200 $15,600 $154,600
2016 $172 $170,200 $15,600 $154,600
2014 $10 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201431660

Indiana Regional MLS

APN: 71-09-32-126-099.000-033