$72,000
SOLD DEC 21, 2021

3218 S Michigan St South Bend, IN 46614

3 Beds
1.5 Baths
1,352 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Monroe Elementary Playground
  • Wood Flooring
  • Level Lot

About This Home

As of July 2022

Home had been rented since 2015 and needs some updating and priced accordingly. Good house for investors. New furnace 2015 and roof approx 14 yrs old, some newer windows.

Last Agent to Sell the Property

John Palmer

Open Door Realty, Inc Listed on: 12/01/2021

Last Buyer's Agent

Drew Overmyer

At Home Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 120
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-329-005.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 81
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 17 John D J Farnemans 1st Add
  • Parcel Number ID: 71-08-24-329-005.000-026
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.13
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2028
  • Total Finished Sq Ft: 1352
  • Above Grade Finished Sq Ft: 1352
  • Below Grade Sq Ft: 676
  • Price Per Sq Ft: 53.25
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Hardwood Floors, Laminate
  • Bedroom 1: Dimensions: 14x12, On Level: Upper
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 10x8, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 676

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Garden Shed, Dimensions: 8x6, 48

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util

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: 45 x 120
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 1525

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
May 17, 2022
Closed on
Jul 13, 2022
Sold by
Sfr3-050 Llc
Bought by
Keller Peggy and Bowerman Kristeen
Seller's Agent
Drew Overmyer
At Home Realty Group
Buyer's Agent
Jennifer Lister
Cressy & Everett - South Bend
List Price
$180,000
Sold Price
$162,500
Premium/Discount to List
-$17,500
-9.72%
Current Estimated Value
$177,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,802
Avg. Annual Appreciation
2.76%
Original Mortgage
$138,125
Outstanding Balance
$132,333
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$44,969

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 27, 2021
Sold by
Ann Nelson Katherine
Bought by
Sfr3-050 Llc
Seller's Agent
John Palmer
Open Door Realty, Inc
Buyer's Agent
Drew Overmyer
At Home Realty Group
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
327.85%

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 21, 2021
Sold by
Nelson Katherine Ann
Bought by
Sfr3-050 Llc
Seller's Agent
John Palmer
Open Door Realty, Inc
Buyer's Agent
Drew Overmyer
At Home Realty Group
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 15, 2021
Sold by
Nelson Katherine Ann
Bought by
Sfr3-050 Llc
Seller's Agent
John Palmer
Open Door Realty, Inc
Buyer's Agent
Drew Overmyer
At Home Realty Group
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%

Purchase Details

Closed on
Sep 8, 2005
Sold by
Newcomer Eric A and Newcomer Penny L
Bought by
Chase Manhattan Mortgage Corp
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 Type Sale Price Title Company
Warranty Deed $162,500 New Title Company Name
Warranty Deed -- Drake Andrew R
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,125 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $162,500 -3.3% $120 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $168,000 -6.7% $124 / Sq Ft
05/17/2022 05/17/22 For Sale $180,000 +150.0% $133 / Sq Ft
12/21/2021 12/21/21 Sold $72,000 -3.9% $53 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $74,900 -- $55 / 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 $1,879 $198,200 $8,600 $189,600
2023 $1,052 $157,000 $8,600 $148,400
2022 $1,052 $91,800 $5,600 $86,200
2021 $1,799 $73,000 $5,200 $67,800
2020 $1,525 $61,600 $4,400 $57,200
2019 $1,314 $63,300 $4,900 $58,400
2018 $1,488 $60,300 $4,700 $55,600
2017 $1,293 $50,000 $3,900 $46,100
2016 $1,320 $50,000 $3,900 $46,100
2014 $576 $49,600 $3,900 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Drew Overmyer

    Seller's Agent in 2022

    Drew Overmyer

    At Home Realty Group

    (574) 299-3184

    571 Total Sales

    Drew Overmyer
    Section Image

  • J

    Buyer's Agent in 2022

    Jennifer Lister

    Cressy & Everett - South Bend

    (574) 233-6141

    33 Total Sales

    Jennifer Lister
    Section Image

  • J

    Seller's Agent in 2021

    John Palmer

    Open Door Realty, Inc

    (574) 876-1234

    22 Total Sales

    John Palmer
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202149977

Indiana Regional MLS

APN: 71-08-24-329-005.000-026

Indiana St Joseph County South Bend 46614

3218 S Michigan St, South Bend, IN

This home is located at 3218 S Michigan St, South Bend, IN 46614 and is currently priced at $72,000, approximately $53 per square foot. This property was built in 1940. 3218 S Michigan St is a home located in St. Joseph County with nearby schools including Monroe Elementary School, Jackson Middle School, and Riley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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