NOT LISTED FOR SALE

2910 E Jefferson Blvd South Bend, IN 46615

Estimated Value: $123,049 - $154,000

2 Beds
1 Bath
1,660 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $40,000 $24 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $859/month

33 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • Adams High School Rated A-
  • Carpet

About This Home

As of August 2019

Perfect opportunity for up and running investment property. Good rental history. Nice location close to Mishawaka, Downtown SB and universities. Presently rents for $600 per month with owner paying water bill and tenants paying the rest of utilities. Separate meters. Presently the east unit is vacant. West unit has been there since beginning of 2019 with a lease through November 2020. Annual insurance runs around $700/year. New roof in 2017. Current owner has owned for 14 years. 48 hour notice for all showings. **Currently we do not have access to the East Unit, until further notice**

Last Agent to Sell the Property

Amy Reed

Coldwell Banker Real Estate Group Listed on: 07/17/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Josh Hendricks

Creekstone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1950

Lot Details

  • 10,881 Sq Ft Lot
  • Lot Dimensions are 128x85
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Mckinley Elementary School
  • Jackson Middle School
  • Adams High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel
  • The owner pays for heating, tax
  • Assessor Parcel Number 71-09-08-401-001.000-026

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $700
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$729

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 69
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BEG SE COR JEFF & 29TH ST SEC 8-37-2E
  • Parcel Number ID: 71-09-08-401-001.000-026
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 66.78
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1660
  • Total Finished Sq Ft: 1660
  • Above Grade Finished Sq Ft: 1660
  • Price Per Sq Ft: 24.1
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 5

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Stories: 1

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 700
  • Annual Water Sewer Expense: 2400
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Mckinley
  • Middle School: Jackson
  • High School: Adams
  • Elementary School: Mckinley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 128x85
  • Estimated Lot Sq Ft: 10881
  • Estimated Lot Size Acres: 0.2498

Rental Info

  • Owner Pays: Heating, Tax
  • Tenant Pays: Cooling, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 729.4

MLS Schools

  • High School: Adams
  • Middle School: Jackson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 29, 2019
Sold by
Hill John P
Bought by
Vasco Realty Llc
Seller's Agent
Amy Reed
Coldwell Banker Real Estate Group
Buyer's Agent
Josh Hendricks
Creekstone Realty
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Total Days on Market
33
Current Estimated Value
$135,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,762
Avg. Annual Appreciation
23.54%
Source: Public Records

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    Section Image

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
Vasco Realty Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasco Realty Llc $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $40,000 -33.2% $24 / Sq Ft
08/20/2019 08/20/19 Price Changed $59,900 +49.8% $36 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $40,000 -33.2% $24 / Sq Ft
07/17/2019 07/17/19 For Sale $59,900 -- $36 / 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 $1,190 $75,200 $14,800 $60,400
2023 $1,104 $46,300 $14,800 $31,500
2022 $1,111 $46,300 $14,800 $31,500
2021 $1,003 $40,000 $11,300 $28,700
2020 $1,747 $71,000 $11,300 $59,700
2019 $1,445 $70,100 $10,400 $59,700
2018 $1,705 $70,100 $10,400 $59,700
2017 $1,757 $69,300 $10,400 $58,900
2016 $1,792 $69,300 $10,400 $58,900
2014 $1,772 $68,500 $10,400 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201930390

Indiana Regional MLS

APN: 71-09-08-401-001.000-026