NOT LISTED FOR SALE

2431 Riverside Dr South Bend, IN 46616

Estimated Value: $70,000 - $149,000

3 Beds
1 Bath
1,216 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $26,000 $21 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $763/month

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Carpet
  • Home Security System

About This Home

As of May 2017

Investor special. 3 bedroom home on Riverside Drive and near Pinhook Park. Living room and family room. Home needs TLC and is being sold as-is, but has had some updates over the years. Roof, windows and siding in the last 12-14 years. The home has an alarm. Fenced back yard along with a concrete driveway upfront. Great walking area along the St Joseph River. Call today!

Last Agent to Sell the Property

Jason Kaser

Kaser Realty, LLC Listed on: 04/27/2017

Last Buyer's Agent

Jason Kaser

Kaser Realty, LLC Listed on: 04/27/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $144

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 63 x 156
  • Chain Link Fence
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • Crawl Space
  • Home Security System
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-03-26-325-017.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$144

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 67
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S. E. 15' OF LOT 71 & N. W. 48. 42' OF LOT 72 PINHOOK MANOR
  • Parcel Number ID: 71-03-26-325-017.000-026
  • Platted: Yes
  • Amenities: Alarm System-Security, Main Floor Laundry
  • Cross Street: Joyce Drive
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • Sp Lp Percent: 86.96
  • State Id: 18-2200-7482
  • Special Features: None

Interior Features

  • Total Sq Ft: 1216
  • Total Finished Sq Ft: 1216
  • Above Grade Finished Sq Ft: 1216
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 11x17, On Level: Main
  • Kitchen: On Level: Main
  • Family Room: Dimensions: 14x15, On Level: Main
  • Bedroom 1: Dimensions: 9x12, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Driveway: Concrete

Utilities

  • Heating Fuel: Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Muessel
  • Middle School: Brown
  • High School: Clay

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 63 X 156
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 143.64
  • Total Assessed Value: 58000
  • Exemptions: Homestead, Over 65
  • Tax Code: Tax Code 18-S.B. Portage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 30, 2017
Sold by
Hack Veronica M
Bought by
Eac South Bend Llc
Seller's Agent
Jason Kaser
Kaser Realty, LLC
Buyer's Agent
Jason Kaser
Kaser Realty, LLC
List Price
$29,900
Sold Price
$26,000
Premium/Discount to List
-$3,900
-13.04%
Total Days on Market
1
Current Estimated Value
$118,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,661
Avg. Annual Appreciation
21.65%
Original Mortgage
$32,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Eac South Bend Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eac-South Bend Llc $2,427,200
Closed Eac-South Bend Llc $30,000
Closed Eac South Bend Llc $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $26,000 -13.0% $21 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $29,900 -- $25 / 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 $1,155 $57,500 $14,700 $42,800
2023 $1,119 $46,500 $14,800 $31,700
2022 $1,119 $46,500 $14,800 $31,700
2021 $1,196 $47,900 $18,900 $29,000
2020 $1,236 $49,600 $18,900 $30,700
2019 $1,018 $58,800 $18,200 $40,600
2018 $1,465 $59,400 $18,400 $41,000
2017 $192 $58,900 $18,400 $40,500
2016 $189 $58,900 $18,400 $40,500
2014 $151 $58,400 $18,400 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201717887

Indiana Regional MLS

APN: 71-03-26-352-017.000-026