NOT LISTED FOR SALE

Estimated Value: $70,000 - $189,000

4 Beds
2 Baths
1,976 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $28,000 $14 Per Sq Ft

Est. 398% increase in value since last sale

Current estimated payment $926/month

30 Days on Market

Highlights

  • Senior Community
  • 1 Car Detached Garage
  • Luxury Vinyl Tile Flooring
  • Fenced Yard
  • Home Security System
  • Forced Air Heating System

About This Home

As of September 2017

Solid Duplex with upstairs apartment and a main level living space. Home has been in the same family for many years in which they typically rented the upstairs apartment to Notre Dame students. Electric utilities are split , all other utilities and common to the main level. Expenses and rental rates are approximate and to the best of the sellers knowledge.

Last Agent to Sell the Property

Wayne Ryan

McKinnies Realty, LLC Listed on: 07/26/2017

McKinnies Realty, LLC

Last Buyer's Agent

Jan McGregor

Freedom Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $492

Year Built

  • Built in 1910

Lot Details

  • 4,092 Sq Ft Lot
  • Lot Dimensions are 31 x 132
  • Fenced Yard
  • Chain Link Fence
  • Level Lot
  • Historic Home

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Storage In Attic
  • Home Security System

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, electric
  • The owner pays for alarm, building insurance, cable, heating, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 71-08-02-481-004.000-026

Community Details

Overview

  • Senior Community
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $960
  • Fuel Expense $1,500
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$492

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 107
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 40 EX N W PT HENRICKS & GRANTS
  • Parcel Number ID: 71-08-02-481-004.000-026
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Alarm System-Security, Attic Storage
  • Cross Street: Portage
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 675
  • Special Features: None

Interior Features

  • Total Sq Ft: 2470
  • Total Finished Sq Ft: 1976
  • Above Grade Finished Sq Ft: 1976
  • Below Grade Sq Ft: 494
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 988
  • Total Below Grade Sq Ft: 494
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util
  • Cable Company: Comcast
  • Annual Electric: 960
  • Annual Fuel Expense: 1500
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Jackson
  • High School: Adams

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 31 x 132
  • Estimated Lot Sq Ft: 4092
  • Estimated Lot Size Acres: 0.094

Rental Info

  • Owner Pays: Alarm, Building Insurance, Cable, Heating, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Exemptions: Homestead, Mortgage, Over 65, Vet
  • Annual Property Tax: 492

Multi Family

  • Gross Monthly Rent: 675
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2017
Closed on
Sep 19, 2017
Sold by
Rice Ethel Ann
Bought by
Marion Trust
Seller's Agent
Wayne Ryan
McKinnies Realty, LLC
Buyer's Agent
Jan McGregor
Freedom Realty Partners
List Price
$28,000
Sold Price
$28,000
Current Estimated Value
$139,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,417
Avg. Annual Appreciation
23.97%
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
Marion Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $28,000 0.0% $14 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $28,000 -- $14 / 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 $1,873 $77,700 $2,800 $74,900
2023 $1,850 $77,100 $2,800 $74,300
2022 $1,850 $77,100 $2,800 $74,300
2021 $1,734 $70,800 $2,600 $68,200
2020 $1,734 $70,800 $2,600 $68,200
2019 $1,443 $70,400 $2,200 $68,200
2018 $1,040 $42,100 $2,200 $39,900
2017 $503 $41,700 $2,200 $39,500
2016 $513 $41,700 $2,200 $39,500
2014 $486 $41,300 $2,200 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201734266

Indiana Regional MLS

APN: 71-08-02-481-004.000-026