NOT LISTED FOR SALE

3518 S Michigan St South Bend, IN 46614

Estimated Value: $166,000 - $246,000

4 Beds
2 Baths
1,524 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $115,000 $75 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,342/month

4 Days on Market

Highlights

  • Partially Wooded Lot
  • Forced Air Heating and Cooling System
  • Cabin
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of March 2018

Stop in and visit this sweet all brick home with beautifully refinished hardwood floors throughout home. 4 bedrooms and 2 full bathrooms, 2 car garage and garden shed. Dry basement with block windows and plenty of room for storage and laundry. The kitchen windows make it cheerful and bright and the appliances stay along with the washer and dryer. The home sits and over a half acre so there is plenty of room to enjoy the outdoors.

Last Agent to Sell the Property

Shawn Herbster

Open Door Realty, Inc Listed on: 02/28/2018

Last Buyer's Agent

Steve Villaire

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1947

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 100 x 250
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Brick Exterior Construction
  • Masonry Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-355-017.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1947
  • Age: 71
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lots 14 & 15 Chippewa Hts Add. key # for lot 14 is 18-7163-5745 and 710824355017000026 |
  • Parcel Number ID: 71-08-24-355-017.000-026
  • Platted: Yes
  • Parcel Id2: 710824355016000026
  • Section Number: .
  • Sp Lp Percent: 92
  • Special Features: None

Interior Features

  • Total Sq Ft: 2504
  • Total Finished Sq Ft: 1524
  • Above Grade Finished Sq Ft: 1524
  • Below Grade Sq Ft: 980
  • Price Per Sq Ft: 75.46
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 980

Exterior Features

  • Exterior: Brick, Shingle, Masonry
  • Outbuilding1: Garden Shed, Dimensions: 10x12

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air, Wall Heater
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, 0-2.9999
  • Lot Dimensions: 100 x 250
  • Estimated Lot Sq Ft: 25700
  • Estimated Lot Size Acres: 0.59

Tax Info

  • Annual Taxes: 805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 27, 2018
Sold by
Yost John E
Bought by
Summers Sean and Summers Annica
Seller's Agent
Shawn Herbster
Open Door Realty, Inc
Buyer's Agent
Steve Villaire
Cressy & Everett - South Bend
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$209,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,410
Avg. Annual Appreciation
8.40%
Original Mortgage
$103,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 19, 2018
Sold by
Yost John E
Bought by
Summers Sean and Summers Annica
Seller's Agent
Shawn Herbster
Open Door Realty, Inc
Buyer's Agent
Steve Villaire
Cressy & Everett - South Bend
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2013
Closed on
Jun 16, 2014
Sold by
Davis Parker Trust
Bought by
Yost John E
Seller's Agent
Lin Gray
Howard Hanna SB Real Estate
Buyer's Agent
Paul Gjemre
Coldwell Banker Real Estate Group
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$73,641
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Parker James M and Parker Gerri Davis -
Bought by
Parker James M and Parker Gerri Davis -

Purchase Details

Closed on
Aug 23, 2005
Sold by
Kuzmich Frank
Bought by
Parker James M and Davis Parker Gerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Summers Sean $137,655 Metropolitan Title
Summers Sean -- Metropolitan Title
Yost John E -- Metropolitan Title
Parker James M -- Merdian Title Corp
Parker James M -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Sean $40,700
Closed Summers Sean $102,000
Closed Summers Sean $102,000
Closed Summers Sean $103,500
Closed Summers Sean $103,500
Previous Owner Yost John E $73,641
Previous Owner Parker James M $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $115,000 -8.0% $75 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $125,000 +66.7% $82 / Sq Ft
07/09/2014 07/09/14 Sold $75,000 -15.7% $49 / Sq Ft
05/18/2014 05/18/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $89,000 -- $58 / 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 $2,349 $225,400 $11,500 $213,900
2023 $2,306 $191,500 $11,500 $180,000
2022 $1,368 $114,500 $7,500 $107,000
2021 $1,054 $91,600 $7,000 $84,600
2020 $865 $77,200 $5,900 $71,300
2019 $822 $77,900 $6,700 $71,200
2018 $777 $68,700 $6,400 $62,300
2017 $669 $59,000 $5,300 $53,700
2016 $679 $59,000 $5,300 $53,700
2014 $672 $58,500 $5,300 $53,200
2013 $1,758 $67,100 $6,100 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201807435

Indiana Regional MLS

APN: 71-08-24-355-017.000-026