NOT LISTED FOR SALE

2920 Edison Rd South Bend, IN 46615

6 Beds
4 Baths
3,344 Sq Ft
0.3 Acres

Last Sold November 06, 2020

Last sale price $275,000 $82 Per Sq Ft

104 Days on Market

Highlights

  • Tile Flooring
  • Baseboard Heating
  • Level Lot
  • Adams High School Rated A-

About This Home

As of November 2020

Don’t miss out on this excellent investment opportunity conveniently located near local shopping, dining and just minutes from Notre Dame. This property offers two 2-bedroom and two 1-bedroom units, many updates, and onsite laundry. Apartments are currently occupied allowing this property to be acquired with positive cashflow from day one! This property offers loads of possibilities and a sold return on investment. So don’t wait - schedule your showing today!

Last Agent to Sell the Property

Steve Smith

Irish Realty Listed on: 07/02/2020

Last Buyer's Agent

Barry Skalski

Michiana Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1979

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130
  • Level Lot

Parking

  • 25 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, electric, heating, deposit value
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 71-09-05-201-001.000-026

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,500
  • Insurance Expense $1,841
  • Trash Expense $648
  • Water Sewer Expense $648

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,731

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1979
  • Age: 41
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Tr. Of Land 100' X 130' Beg. 40' So. Of Nw Cor. Ne 1/4 Sec. 5-37-2e
  • Parcel Number ID: 71-09-05-201-001.000-026
  • Platted: Yes
  • Sp Lp Percent: 94.86
  • Annual Miscellaneous: 1200
  • Monthly Gross Income: 2365
  • Special Features: None

Interior Features

  • Total Sq Ft: 3344
  • Total Finished Sq Ft: 3344
  • Above Grade Finished Sq Ft: 3344
  • Price Per Sq Ft: 82.24
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 25

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1500
  • Annual Insurance Expense: 1841.32
  • Annual Trash Expense: 648
  • Annual Water Sewer Expense: 648

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 100x130
  • Estimated Lot Sq Ft: 12998
  • Estimated Lot Size Acres: 0.2984

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 2365
  • Number Of Dishwashers: 4
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2731.42

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $275,000 -5.1% $82 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
08/25/2020 08/25/20 Price Changed $289,900 -3.3% $87 / Sq Ft
07/02/2020 07/02/20 For Sale $299,900 +57.8% $90 / Sq Ft
11/08/2013 11/08/13 Sold $190,000 0.0% $48 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $190,000 -- $48 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202025218

Indiana Regional MLS