NOT LISTED FOR SALE

2614 Edison Rd South Bend, IN 46615

Estimated Value: $173,000 - $214,269

3 Beds
2 Baths
1,790 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $41,000 $23 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $1,227/month

84 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • ADA Inside
  • Adams High School Rated A-
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of April 2013

LOCALLY OWNED FORECLOSURE WITH SWIFT RESPONSE TIME. LOADS OF POTENTIAL NEAR NOTRE DAME. THREE BEDROOMS, TWO FULL BATHS, FULL FINISHED BASEMENT AND TWO CAR GARAGE. HARDWOOD FLOORS IN ALL BEDROOMS AND SUSPECTED UNDER LR CARPET. PRE-APPROVED BUYERS ONLY PLEASE. Less than 1 Acre

Last Agent to Sell the Property

Tina Herman

Open Door Realty, Inc Listed on: 01/08/2013

Last Buyer's Agent

John Tiffany

Tiffany Group Real Estate Advisors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 128x57
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Accessible Home Design

  • ADA Inside

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-5155-5931

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1957
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 251 EDISON PARK ADD
  • Parcel Number ID: 18-5155-5931
  • Platted: Yes
  • Amenities: ADA Features, Cable Available, Formal Dining Room
  • Grid: South Bend NE
  • Sp Lp Percent: 0.76
  • State Id: 18-5155-5931
  • Special Features: None

Interior Features

  • Total Sq Ft: 1790
  • Total Finished Sq Ft: 1790
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Finished Sq Ft: 750
  • Price Per Sq Ft: 39.42
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Basement
  • Bedroom 1: On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1040

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 128x57

Tax Info

  • Annual Taxes: 780
  • Total Assessed Value: 94600
  • Tax Code: Tax Code 18-S.B. Portage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2013
Closed on
Apr 15, 2013
Sold by
Notre Dame Federal Credit Union
Bought by
5 Star Investment Group V Llc
Seller's Agent
Tina Herman
Open Door Realty, Inc
Buyer's Agent
John Tiffany
Tiffany Group Real Estate Advisors LLC
List Price
$88,000
Sold Price
$41,000
Premium/Discount to List
-$47,000
-53.41%
Current Estimated Value
$193,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,067
Avg. Annual Appreciation
13.30%
Original Mortgage
$45,000
Outstanding Balance
$32,059
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Estimated Equity
$161,008

Purchase Details

Closed on
Dec 13, 2012
Sold by
Gagnon Gerald W
Bought by
Notre Dame Federal Credit Union

Purchase Details

Closed on
Aug 19, 2005
Sold by
Gagnon Katherine A
Bought by
Gagnon Gerald W
Source: Public Records

Range of Values:

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Average Value
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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
5 Star Investment Group V Llc -- Lawyers Title
Notre Dame Federal Credit Union $52,000 None Available
Gagnon Gerald W -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Star Investment Group V Llc $45,000
Closed 5 Star Investment Group V Llc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $41,000 -53.4% $23 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $88,000 -- $49 / 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 $2,193 $91,200 $17,300 $73,900
2023 $1,664 $69,800 $17,300 $52,500
2022 $1,675 $69,800 $17,300 $52,500
2021 $1,478 $59,800 $12,000 $47,800
2020 $1,946 $79,300 $12,000 $67,300
2019 $1,263 $61,000 $11,300 $49,700
2018 $1,499 $61,000 $11,300 $49,700
2017 $1,587 $61,900 $11,300 $50,600
2016 $1,620 $61,900 $11,300 $50,600
2014 $1,594 $80,600 $13,300 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 636173

Indiana Regional MLS

APN: 71-09-05-126-015.000-026