NOT LISTED FOR SALE

418 S 27th St South Bend, IN 46615

Estimated Value: $110,000 - $193,000

4 Beds
2 Baths
1,660 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $99,900 $60 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $928/month

1 Day on Market

Highlights

  • Cul-De-Sac
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Adams High School Rated A-
  • Government Subsidized Program
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

CANCELLED !!! Offer has been accepted; waiting for earnest money. BROKER OPEN FRIDAY 9/8/23 FROM 4PM - 5 PM. Seller will be letting agents into the property during that time. Great opportunity awaits the new owner. Currently the property is rented month to month with longterm (4 & 5 yrs) tenants who want to remain in the property. Current tenants are under section 8 housing rules; rent is always on time:) Another option would be to live in one side and rent out the other. The possibilities are many. Spacious 2 bedrooms with huge living room and an eat-in kitchen. Full bath with a bathtub. Laundry hookups in place. Stove and refrigerator included.

Last Agent to Sell the Property

Heidi Fulbright

Berkshire Hathaway HomeServices Northern Indiana Real Estate Brokerage Phone: 574-284-2600 Listed on: 09/07/2023

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Last Buyer's Agent

Shellie Wooldridge

Hendrix Homes Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 81 x 95
  • Cul-De-Sac
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mckinley Elementary School
  • Edison Middle School
  • Adams High School

Farming

  • Government Subsidized Program

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance, snow removal, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 71-09-08-326-015.000-026

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Community Storage Space
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 73
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Beg 210.0' S & 47.0' E Of Se Cor Jeff & 27th St Sec 8-37-2E
  • Parcel Number ID: 71-09-08-326-015.000-026
  • Platted: Yes
  • Amenities: Storage, Cable Ready, Countertops-Laminate, Eat-In Kitchen, Water Heater Electric, Water Heater Gas
  • Sp Lp Percent: 100
  • Government Subsidized: Yes
  • Monthly Gross Income: 1100
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1660
  • Total Finished Sq Ft: 1660
  • Above Grade Finished Sq Ft: 1660
  • Price Per Sq Ft: 60.18
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Mckinley
  • Middle School: Edison
  • High School: Adams
  • Elementary School: Mckinley

Lot Info

  • Lot Description: Cul-De-Sac, Level, 0-2.9999
  • Lot Dimensions: 81 x 95
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1500

MLS Schools

  • High School: Adams
  • Middle School: Edison
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 19, 2023
Sold by
Seago Louis M and Seago Louis M
Bought by
Hendrix Homes Llc
Seller's Agent
Heidi Fulbright
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Shellie Wooldridge
Hendrix Homes Realty LLC
List Price
$99,900
Sold Price
$99,900
Views
18
Current Estimated Value
$151,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,336
Avg. Annual Appreciation
22.54%
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
Hendrix Homes Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $99,900 0.0% $60 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $99,900 -- $60 / 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 $1,509 $70,500 $9,900 $60,600
2023 $1,433 $59,700 $9,900 $49,800
2022 $1,433 $59,700 $9,900 $49,800
2021 $1,318 $53,100 $7,600 $45,500
2020 $1,684 $68,400 $7,300 $61,100
2019 $1,397 $67,700 $6,600 $61,100
2018 $1,055 $42,400 $6,600 $35,800
2017 $1,087 $41,900 $6,600 $35,300
2016 $1,109 $41,900 $6,600 $35,300
2014 $1,085 $41,500 $6,600 $34,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202332334

Indiana Regional MLS

APN: 71-09-08-326-015.000-026