NOT LISTED FOR SALE

3114 S Michigan St South Bend, IN 46614

Estimated Value: $101,849 - $150,000

2 Beds
2 Baths
752 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $14,900 $20 Per Sq Ft

Est. 732% increase in value since last sale

Current estimated payment $829/month

60 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to Monroe Elementary Playground
  • Level Lot
  • 1-Story Property

About This Home

As of December 2014

Great opportunity to own this duplex. Separate electric. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

David Miller

Berkshire Hathaway HomeServices Elkhart Listed on: 10/14/2014

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Beverly Donaldson

Homes Plus Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,162 Sq Ft Lot
  • Lot Dimensions are 43 x 120
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 752 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-328-004.000-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 64
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 4 LUCY J TASHERS 1ST ADD |
  • Parcel Number ID: 71-08-24-328-004.000-026
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 80.54
  • Year Taxes Payable: 2012
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 752
  • Total Finished Sq Ft: 752
  • Above Grade Finished Sq Ft: 752
  • Price Per Sq Ft: 19.81
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Monroe
  • Middle School: Jackson
  • High School: Riley
  • Elementary School: Monroe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43 x 120
  • Estimated Lot Sq Ft: 5162
  • Estimated Lot Size Acres: 0.1185
  • Lot Number: 4

Tax Info

  • Total Assessed Value: 33300
  • Annual Property Tax: 1898

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 23, 2014
Sold by
Fannie Mae
Bought by
Gillon Oriando
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Beverly Donaldson
Homes Plus Realty
List Price
$19,900
Sold Price
$14,900
Premium/Discount to List
-$5,000
-25.13%
Total Days on Market
60
Current Estimated Value
$123,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,062
Avg. Annual Appreciation
22.28%

Purchase Details

Closed on
Sep 11, 2014
Sold by
Parmelee Carrie and Parmelee Troy
Bought by
Federal National Mortgage Association
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
Gillon Oriando -- Meridian Title
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parmelle Carrie $38,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $14,900 -25.1% $20 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $19,900 -- $26 / 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 $2,065 $103,900 $8,200 $95,700
2023 $1,169 $83,000 $8,200 $74,800
2022 $1,169 $48,700 $5,400 $43,300
2021 $984 $39,200 $5,000 $34,200
2020 $876 $34,700 $4,200 $30,500
2019 $758 $33,600 $4,500 $29,100
2018 $845 $33,600 $4,500 $29,100
2017 $874 $33,400 $4,500 $28,900
2016 $893 $33,400 $4,500 $28,900
2014 $860 $32,900 $4,500 $28,400
2013 $865 $33,000 $4,600 $28,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201445474

Indiana Regional MLS

APN: 71-08-24-328-004.000-026