NOT LISTED FOR SALE

2416 Basin St Unit 37 South Bend, IN 46614

Estimated Value: $318,000 - $384,000

0.19 Acre
$1,831,942 Price per Acre
8,276 Sq Ft Lot

Last Sold August 05, 2014

Last sale price $27,000

Est. 1,189% increase in value since last sale

Current estimated payment $2,084/month

7 Days on Market

About This Lot

As of August 2014

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

Ronald Como

Market Place Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,840

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 63 x 131
  • 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

$2,840

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 37 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: 90
  • 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: 63 x 131
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19
  • Lot Number: 37
  • 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
Nov 25, 2019
Sold by
Downey Gary and Downey Hannah Leigh
Bought by
Downey Gary A
Current Estimated Value
$348,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,550
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2017
Sold by
Downey Gary
Bought by
Downey Gary and Downey Hannah Leigh

Purchase Details

Closed on
Jan 22, 2015
Sold by
Kline Custom Homes Inc
Bought by
Downey Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.94%

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 16, 2014
Sold by
Downey Gary
Bought by
Kline Custom Homes Inc
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Ronald Como
Market Place Realty, Inc.
List Price
$30,000
Sold Price
$27,000
Premium/Discount to List
-$3,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%

Purchase Details

Listed on
Jul 23, 2014
Closed on
Aug 4, 2014
Sold by
Tampico Developments Llc
Bought by
Downey Gray
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Ronald Como
Market Place Realty, Inc.
List Price
$30,000
Sold Price
$27,000
Premium/Discount to List
-$3,000
-10%
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
Downey Gary A -- None Available
Downey Gary -- --
Downey Gary -- Meridian Title
Kline Custom Homes Inc -- Meridian Title
Downey Gray -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey Gary A $100,000
Closed Downey Gary A $41,235
Closed Downey Gary A $158,550
Previous Owner Downey Gary $30,000
Previous Owner Downey Gary $184,000
Previous Owner Downey Gary $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2014 08/05/14 Sold $27,000 -10.0% --
07/30/2014 07/30/14 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 $2,840 $275,200 $63,900 $211,300
2023 $2,792 $279,200 $63,900 $215,300
2022 $2,815 $281,500 $63,900 $217,600
2021 $2,255 $220,700 $20,000 $200,700
2020 $2,155 $210,700 $18,900 $191,800
2019 $1,099 $200,700 $17,900 $182,800
2018 $394 $176,400 $13,300 $163,100
2017 $259 $171,800 $13,300 $158,500
2016 $271 $173,400 $13,300 $160,100
2014 $10 $400 $400 $0
2013 -- $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201431677

Indiana Regional MLS

APN: 71-09-32-126-092.000-033