409-417 N Dixie Way South Bend, IN 46637
Estimated payment $1,806/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Level Lot
About This Home
Prime Investment Opportunity Near Notre Dame! Located less than one mile north of the University of Notre Dame on busy SR-933, just north of St. Mary’s campus the toll road entrance. This mixed-use property offers incredible potential. The main level features three commercial storefronts/offices, one of which was previously operated as a Clubhouse/Golfcreation space, providing flexible options for retail, office, or service-based tenants. The upper level includes six rental apartments—four 1-bedroom units and two studio units—each with separate electric meters. In 2021, apartments rented for $550 (1-bedrooms) and $475 (studios), but with updates and renovations, rental income could be significantly increased. Additional highlights: Private parking lot behind the building High-visibility location with consistent traffic flow Multiple income streams from both residential and commercial tenants Whether you’re an investor seeking strong cash flow or looking to maximize value through renovations, this property is a rare find in one of the area’s most desirable corridors.
Listing Agent
Legacy Real Estate Brokers Brokerage Phone: 574-274-7699 Listed on: 08/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,067
Year Built
- Built in 1946
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 70 x 170
- Level Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 8,640 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 6 Bedrooms
- 9 Full Bathrooms
Parking
- 15 Parking Spaces
- Off-Street Parking
Schools
- Tarkington Elementary School
- Clay Middle School
- Adams High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Gas
Community Details
- 9 Units
- Rose Land / Roseland Subdivision
Listing and Financial Details
- Assessor Parcel Number 71-03-25-102-014.000-007
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,067 | $148,600 | $41,300 | $107,300 |
| 2023 | $4,158 | $148,600 | $41,300 | $107,300 |
| 2022 | $4,158 | $148,600 | $41,300 | $107,300 |
| 2021 | $4,380 | $140,100 | $41,300 | $98,800 |
| 2020 | $4,442 | $140,100 | $41,300 | $98,800 |
| 2019 | $3,887 | $140,100 | $41,300 | $98,800 |
| 2018 | $3,939 | $140,100 | $41,300 | $98,800 |
| 2017 | $4,037 | $138,100 | $41,300 | $96,800 |
| 2016 | $4,188 | $138,200 | $41,300 | $96,900 |
| 2014 | $4,177 | $135,400 | $41,300 | $94,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | For Sale | $299,900 | -- | $35 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $182,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $163,800 | Seller Take Back |
Source: Indiana Regional MLS
MLS Number: 202533878
APN: 71-03-25-102-014.000-007
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