NOT LISTED FOR SALE

425 Sherman Ave South Bend, IN 46616

Lincoln Park Neighborhood

Estimated Value: $127,000 - $222,000

2 Beds
1 Bath
1,648 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $120,000 $73 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $931/month

57 Days on Market

Highlights

  • Stone Countertops
  • Breakfast Bar
  • 1-Story Property
  • Adams High School Rated A-
  • Bungalow
  • Central Air

About This Home

As of January 2024

Come take a look at this sleek and modern bungalow within walking distance to DTSB and the Studebaker museum. White quartz countertops in the kitchen are complimented by the new stainless steel appliance package. Floor to ceiling large format stone tiles create a luxurious feel in the bathroom. Huge finished basement nearly doubles the living area of the home and offers a laundry area with new washer and dryer. With a metal roof and new windows, furnace, and AC, there's nothing left to do here but move in!

Last Agent to Sell the Property

Nick DeMaegd

Century 21 Circle Brokerage Phone: 574-314-6000 Listed on: 10/14/2023

Century 21 Circle

Last Buyer's Agent

Clair Springer

Brick Built Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1922

Lot Details

  • 4,114 Sq Ft Lot
  • Lot Dimensions are 34x121
  • Level Lot

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Kitchen

  • Breakfast Bar
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Finished Basement

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

Schools

  • Muessel Elementary School
  • Navarre Middle School
  • Adams High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-379-034.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1922
  • Age: 102
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 8 34 FT SLY SIDE WITHERILLS SUB
  • Parcel Number ID: 71-08-02-379-034.000-026
  • Platted: Yes
  • Amenities: Breakfast Bar, Countertops-Stone, Deck Open
  • Improvmnts In Last5 Yrs: Yes
  • Sp Lp Percent: 96
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1728
  • Total Finished Sq Ft: 1648
  • Above Grade Finished Sq Ft: 864
  • Below Grade Finished Sq Ft: 784
  • Below Grade Sq Ft: 80
  • Price Per Sq Ft: 138.89
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Bedroom 1: Dimensions: 15x10, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 864

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Muessel
  • Middle School: Navarre
  • High School: Adams
  • Elementary School: Muessel

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 34X121
  • Estimated Lot Sq Ft: 4114
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 8

Tax Info

  • Annual Taxes: 1024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jan 25, 2024
Sold by
Garcias Remodel Inc
Bought by
Jones Emily
Seller's Agent
Nick DeMaegd
Century 21 Circle
Buyer's Agent
Clair Springer
Brick Built Real Estate
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Views
163
Current Estimated Value
$159,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,029
Avg. Annual Appreciation
18.02%
Original Mortgage
$7,200
Outstanding Balance
$7,073
Interest Rate
6.61%
Estimated Equity
$151,956

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 25, 2023
Sold by
Bkmo2 Llc
Bought by
Garcias Remodel Llc
Seller's Agent
Brandon Thomas
Irish Realty
Buyer's Agent
Alejandra Gomez
Cressy & Everett - South Bend
List Price
$19,900
Sold Price
$28,000
Premium/Discount to List
$8,100
40.7%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
403.79%

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 24, 2023
Sold by
Bkmo2 Llc
Bought by
Garcias Remodel Llc
Seller's Agent
Brandon Thomas
Irish Realty
Buyer's Agent
Alejandra Gomez
Cressy & Everett - South Bend
List Price
$19,900
Sold Price
$28,000
Premium/Discount to List
$8,100
40.7%
Views
59

Purchase Details

Closed on
Aug 23, 2007
Sold by
Terry Susanne B
Bought by
The Cit Group Consumer Finance Inc
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
Jones Emily $120,000 Fidelity National Title Compan
Garcias Remodel Inc $120,000 Fidelity National Title
Garcias Remodel Llc -- Near North Title Group
Garcias Remodel Llc $28,000 Near North Title Group
The Cit Group Consumer Finance Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Emily $7,200
Open Jones Emily $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $120,000 -4.0% $73 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $125,000 -3.1% $76 / Sq Ft
10/14/2023 10/14/23 For Sale $129,000 +360.7% $78 / Sq Ft
02/24/2023 02/24/23 Sold $28,000 +40.7% $32 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $19,900 -- $23 / 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 $1,059 $160,200 $3,900 $156,300
2023 $1,016 $42,600 $6,500 $36,100
2022 $1,025 $42,700 $6,500 $36,200
2021 $936 $35,400 $2,300 $33,100
2020 $893 $35,400 $2,300 $33,100
2019 $871 $35,200 $2,100 $33,100
2018 $998 $36,600 $2,100 $34,500
2017 $942 $36,100 $2,100 $34,000
2016 $961 $36,100 $2,100 $34,000
2014 $930 $35,600 $2,100 $33,500
Source: Public Records

Agents Affiliated with this Home

  • Nick DeMaegd

    Seller's Agent in 2024

    Nick DeMaegd

    Century 21 Circle

    (574) 229-7020

    1 in this area

    222 Total Sales

    Nick DeMaegd
    Section Image
  • Clair Springer

    Buyer's Agent in 2024

    Clair Springer

    Brick Built Real Estate

    (574) 378-6318

    1 in this area

    21 Total Sales

    Clair Springer
    Section Image
  • Brandon Thomas

    Seller's Agent in 2023

    Brandon Thomas

    Irish Realty

    (219) 851-3677

    1 in this area

    46 Total Sales

    Brandon Thomas
    Section Image
  • Alejandra Gomez

    Buyer's Agent in 2023

    Alejandra Gomez

    Cressy & Everett - South Bend

    (574) 933-1191

    2 in this area

    127 Total Sales

    Alejandra Gomez
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202337897

Indiana Regional MLS

APN: 71-08-02-379-034.000-026

Indiana St Joseph County South Bend 46616 Lincoln Park

425 Sherman Ave, South Bend, IN

This home is located at 425 Sherman Ave, South Bend, IN 46616 since 14 October 2023 and is currently estimated at $159,029, approximately $96 per square foot. This property was built in 1922. 425 Sherman Ave is a home located in St. Joseph County with nearby schools including Muessel Primary Center, Navarre Middle School, and Adams High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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