NOT LISTED FOR SALE

322 Studebaker St South Bend, IN 46628

Kennedy Park Neighborhood

Estimated Value: $76,000 - $111,000

2 Beds
1.5 Baths
1,764 Sq Ft
$52/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $70,000 $40 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $563/month

191 Days on Market

Highlights

  • Porch
  • Level Lot
  • Vinyl Flooring
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Interior pictures available upon request. Originally part of an investment portfolio, seller prefers to sell as a whole portfolio (especially properties close to proximity, but he is willing to negotiate) Updated PDF available. Well maintained home was completely Remodeled in 2016. new roof, siding, floors, kitchen and bathroom updated. new water heater 2016. central air unit 2017. PLEASE DO NOT BOTHER TENANTS. leased until 3/24

Last Agent to Sell the Property

Ashley Hairston

Coldwell Banker Realty dba Coldwell Banker Residential Brokerage Listed on: 11/21/2022

Coldwell Banker Realty dba Coldwell Banker Residential Brokerage

Last Buyer's Agent

Valerie Swihart

Pyramid Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1890

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Vinyl Flooring
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Muessel Elementary School
  • Clay Middle School
  • Washington High School

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • Maintenance Expense $500

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 71-08-02-357-023.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1890
  • Age: 133
  • Style: One and Half Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 49 SWYGART 1ST
  • Parcel Number ID: 71-08-02-357-023.000-026
  • Platted: Yes
  • Amenities: Porch Open
  • Sp Lp Percent: 70
  • Monthly Gross Income: 650
  • Year Taxes Payable: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1918
  • Total Finished Sq Ft: 1764
  • Above Grade Finished Sq Ft: 1764
  • Below Grade Sq Ft: 154
  • Price Per Sq Ft: 39.68
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 154
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 1

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Muessel
  • Middle School: Clay
  • High School: Washington
  • Elementary School: Muessel

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40X150
  • Estimated Lot Sq Ft: 6000
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 49

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cooling, Electric, Heating

Tax Info

  • Total Assessed Value: 36100
  • Annual Property Tax: 909

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

  • High School: Washington
  • Middle School: Clay
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jul 20, 2023
Sold by
Givens Property Investors Llc
Bought by
Luer Properties Indiana I Llc
Seller's Agent
Ashley Hairston
Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Buyer's Agent
Valerie Swihart
Pyramid Realty LLC
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Total Days on Market
191
Views
274
Current Estimated Value
$91,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,333
Avg. Annual Appreciation
12.61%
Original Mortgage
$52,500
Outstanding Balance
$51,277
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$40,056

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jun 30, 2023
Sold by
Givens Property Investors Llc
Bought by
Luer Properties Indiana I Llc
Seller's Agent
Ashley Hairston
Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Buyer's Agent
Valerie Swihart
Pyramid Realty LLC
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Views
274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$51,277
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$40,056

Purchase Details

Closed on
Jan 7, 2021
Sold by
Givens Brian
Bought by
Given Property Investors Llc

Purchase Details

Closed on
Oct 12, 2012
Sold by
St Joseph County Auditor
Bought by
Givens Brian
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 Buyer Sale Price Title Company
Luer Properties Indiana I Llc $700,000 Metropolitan Title
Luer Properties Indiana I Llc -- Metropolitan Title
Given Property Investors Llc -- None Available
Givens Brian $1,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luer Properties Indiana I Llc $52,500
Closed Luer Properties Indiana I Llc $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $70,000 -30.0% $40 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $100,000 -9.1% $57 / Sq Ft
02/16/2023 02/16/23 Price Changed $110,000 -12.0% $62 / Sq Ft
11/21/2022 11/21/22 For Sale $125,000 -- $71 / 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 $947 $62,800 $4,500 $58,300
2023 $979 $37,900 $4,500 $33,400
2022 $979 $40,800 $4,500 $36,300
2021 $931 $36,100 $3,100 $33,000
2020 $909 $36,100 $3,100 $33,000
2019 $814 $36,400 $3,400 $33,000
2018 $860 $34,200 $3,400 $30,800
2017 $874 $33,400 $3,400 $30,000
2016 $893 $33,400 $3,400 $30,000
2014 $1,435 $54,900 $3,400 $51,500
Source: Public Records

Agents Affiliated with this Home

  • Ashley Hairston

    Seller's Agent in 2023

    Ashley Hairston

    Coldwell Banker Realty dba Coldwell Banker Residential Brokerage

    (574) 383-4027

    18 in this area

    142 Total Sales

    Ashley Hairston
    Section Image
  • Valerie Swihart

    Buyer's Agent in 2023

    Valerie Swihart

    Pyramid Realty LLC

    (574) 334-8989

    8 in this area

    152 Total Sales

    Valerie Swihart
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202247560

Indiana Regional MLS

APN: 71-08-02-357-023.000-026

Indiana St Joseph County South Bend 46628 Kennedy Park

322 Studebaker St, South Bend, IN

This home is located at 322 Studebaker St, South Bend, IN 46628 since 21 November 2022 and is currently estimated at $91,333, approximately $51 per square foot. This property was built in 1890. 322 Studebaker St is a home located in St. Joseph County with nearby schools including Madison STEAM Academy, Dickinson Fine Arts Academy, and Washington 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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