NOT LISTED FOR SALE

406 E Chippewa Ave South Bend, IN 46614

Estimated Value: $76,000 - $122,000

2 Beds
1 Bath
1,120 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $28,000 $25 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $657/month

120 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2017

HUGE PRICE REDUCTION. Great housing on South Bend's South Side just east of the new Roundabout at Chippewa and Michigan. Located near Ireland Road shopping, services and restaurants as well as easy access to the 31 bypass north to Michigan and south to Indianapolis. Ample kitchen cabinetry with eat-in area. Bath has newer fixtures and full size window. Hallway has large linen closet and coat closet. Bedroom closets have divided hanging rods. Large window on north side plus window on the west side in the living room. Lower level features large family room that has ceramic tile flooring for easy cleaning and room that could be used for computer games, office space or crafts room. Laundry / mechanicals in separate room. No garage at this time, but driveway and concrete pad there to build upon.

Last Agent to Sell the Property

Beverly Fisher

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 02/01/2017

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Valerie Swihart

Pyramid Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,846 Sq Ft Lot
  • Lot Dimensions are 130 x 45
  • Level Lot

Home Design

  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 71-08-25-130-030.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

5,846 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 162 W & K BEVERLY HTS
  • Parcel Number ID: 71-08-25-130-030.000-026
  • Platted: Yes
  • Amenities: Home Warranty Included
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1120
  • Above Grade Finished Sq Ft: 720
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 320
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 130 x 45
  • Estimated Lot Sq Ft: 5846
  • Estimated Lot Size Acres: 0.1342

Tax Info

  • Annual Taxes: 1839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jun 29, 2017
Sold by
Carmel Moran and Carmel Lioir
Bought by
Pyramid Hart Llc
Seller's Agent
Beverly Fisher
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Valerie Swihart
Pyramid Realty LLC
List Price
$52,900
Sold Price
$28,000
Premium/Discount to List
-$24,900
-47.07%
Current Estimated Value
$104,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,000
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Banko Capital Lp
Bought by
Carmel Moran and Carmel Lior

Purchase Details

Closed on
Jul 22, 2010
Sold by
Caribou Investment Group Llc
Bought by
Banko Capital Llc

Purchase Details

Closed on
Dec 3, 2009
Sold by
Imani Investments
Bought by
Caribou Investment Group Llc

Purchase Details

Closed on
Jul 15, 2009
Sold by
Majors Tim
Bought by
Caribou Investment Group Llc

Purchase Details

Closed on
Feb 3, 2009
Sold by
Deutshe Bank National Trust Company
Bought by
Imani Investments Llc

Purchase Details

Closed on
Dec 4, 2008
Sold by
Roy Ruthven
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 30, 2006
Sold by
Horvath Kathy
Bought by
Roy Ruthven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pyramid Hart Llc -- --
Carmel Moran -- Lawyers Title
Banko Capital Llc -- Lawyers Title
Caribou Investment Group Llc -- None Available
Caribou Investment Group Llc -- None Available
Imani Investments Llc -- Statewide Title Company Inc
Deutsche Bank National Trust Company $32,900 None Available
Roy Ruthven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roy Ruthven $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $28,000 -47.1% $25 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $52,900 -- $47 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,222 $60,900 $8,900 $52,000
2024 $787 $50,000 $8,900 $41,100
2023 $744 $31,200 $8,900 $22,300
2022 $749 $31,200 $8,900 $22,300
2021 $775 $30,500 $10,200 $20,300
2020 $804 $31,700 $10,200 $21,500
2019 $691 $32,400 $10,600 $21,800
2018 $819 $50,700 $10,600 $40,100
2017 $1,321 $50,200 $10,600 $39,600
2016 $1,348 $50,200 $10,600 $39,600
2014 $1,323 $49,600 $10,600 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704287

Indiana Regional MLS

APN: 71-08-25-130-030.000-026

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