NOT LISTED FOR SALE

Estimated Value: $15,000

0.09 Acre
$166,667 Price per Acre
3,745 Sq Ft Lot

Last Sold May 06, 2024

Last sale price $12,500

Est. 20% increase in value since last sale

Current estimated payment $87/month

296 Days on Market

About This Lot

As of May 2024

Discover a golden opportunity in the heart of downtown! This vacant lot, within U1 zoning, is a developer's dream. Unleash your creative vision with the potential for a stunning new home or a lucrative multi-family development. And that's not all—seize the chance to maximize your investment by acquiring three adjacent lots also available for sale. Don't miss out on this rare chance to shape the future of the city. Inquire today and unlock the limitless potential of this prime real estate!

Last Listed By

Steve Smith

Irish Realty Brokerage Email: steve.smith@irishrealty.net Listed on: 07/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $98

Lot Details

  • 3,745 Sq Ft Lot
  • Lot Dimensions are 35x107
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Madison Elementary School
  • Navarre Middle School
  • Riley High School

Utilities

  • Heating System Uses Gas

Community Details

  • Studebaker Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-484-015.000-026

Property Details

Property Type

Land

Est. Annual Taxes

$98

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 9 35' S SIDE & W 7' WIDTH VAC ALLEY STUDEBAKER SUB BOL 4
  • Parcel Number ID: 71-08-02-484-015.000-026
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 83.33
  • Parcel Description: Level
  • Restrictions: Tap Fee
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Navarre
  • High School: Riley
  • Elementary School: Madison

Lot Info

  • Lot Dimensions: 35X107
  • Estimated Lot Sq Ft: 3745
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 9

Tax Info

  • Annual Taxes: 98.58

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
May 7, 2024
Sold by
Vision Realty Intl Llc
Bought by
Alvarado Diana
Seller's Agent
Steve Smith
Irish Realty
Buyer's Agent
Steve Smith
Irish Realty
List Price
$15,000
Sold Price
$12,500
Premium/Discount to List
-$2,500
-16.67%
Total Days on Market
296
Views
68
Current Estimated Value
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,500
Avg. Annual Appreciation
20.00%

Purchase Details

Closed on
Jun 20, 2023
Sold by
Sb221 Llc
Bought by
Vision Realty Intl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2022
Sold by
Hpp Loc2 Llc
Bought by
Sb221 Llc

Purchase Details

Closed on
May 19, 2021
Sold by
Mfc South Bend Holdings Llc
Bought by
Hpp Loc 2 Llc

Purchase Details

Closed on
Nov 30, 2006
Sold by
Deutsche Bank National Trust Company
Bought by
Destiny Ventures Llc

Purchase Details

Closed on
Apr 20, 2006
Sold by
Bourlie Camille R
Bought by
Deutshce Bank National Trust Company

Range of Values:

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Average Value
Not Available
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
Alvarado Diana $50,000 Near North Title Group
Vision Realty Intl Llc $6,000 Near North Title Group
Sb221 Llc -- --
Hpp Loc 2 Llc $10,000 None Available
Destiny Ventures Llc -- None Available
Deutshce Bank National Trust Company $36,309 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vision Realty Intl Llc $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $12,500 -16.7% --
05/03/2024 05/03/24 Pending -- -- --
07/12/2023 07/12/23 For Sale $15,000 -- --
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 $98 $2,900 $2,900 --
2023 $98 $2,900 $2,900 $0
2022 $99 $2,900 $2,900 $0
2021 $126 $3,700 $3,700 $0
2020 $67 $2,800 $2,800 $0
2019 $46 $2,300 $2,300 $0
2018 $55 $2,300 $2,300 $0
2017 $58 $2,300 $2,300 $0
2016 $59 $2,300 $2,300 $0
2014 $60 $2,300 $2,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202324190

Indiana Regional MLS

APN: 71-08-02-484-015.000-026