NOT LISTED FOR SALE

501 E Farneman St South Bend, IN 46614

Estimated Value: $182,000 - $256,613

3 Beds
2 Baths
1,684 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $94,900 $56 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,390/month

66 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Attached Garage
  • 4-minute walk to Monroe Elementary Playground
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

Freshly rehabbed and ready for new owners to call home. New includes carpet, paint, vinyl, lighting, kitchen cabinets, sink and faucet. Both baths have new vanities, fixtures and tub/shower. Fireplaces in living room, family room on main floor plus one in lower level. Main floor has two bedrooms and one full bath. Upper level is the master suite. Spacious bath, storage galore, sky light in bedroom and bath area and built-ins for TV, desk area and shelving. Lower level has room that needs carpet and could be an additional gathering spot. Unfinished area includes mechanicals, laundry area and tons of built-in storage racks

Last Agent to Sell the Property

Beverly Fisher

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 12/12/2014

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Tina Herman

Open Door Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43 x 118
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-401-015.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1936
  • Age: 79
  • Style: One and Half Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 4 Nardi 1st Sub
  • Parcel Number ID: 71-08-24-401-015.000-026
  • Platted: Yes
  • Cross Street: Fellows
  • Grid: South Bend SE
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1784
  • Total Finished Sq Ft: 1684
  • Above Grade Finished Sq Ft: 1434
  • Below Grade Finished Sq Ft: 250
  • Below Grade Sq Ft: 100
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Number Of Fireplaces: 3
  • Fireplace: Family Rm, Living/Great Rm, Rec Rm
  • Living Great Room: Dimensions: 13x20, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Dining Room: Dimensions: 9x12, On Level: Main
  • Family Room: Dimensions: 12x18, On Level: Main
  • Bedroom 1: Dimensions: 13x14, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Main Level Sq Ft: 1000
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 350

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x18
  • Garage Sq Ft: 252

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Monroe
  • Middle School: Jackson
  • High School: Riley

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 43 x 118
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 2999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2014
Closed on
Mar 30, 2015
Sold by
B & R Inv Properties Llc
Bought by
Piech Anthony J
Seller's Agent
Beverly Fisher
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Tina Herman
Open Door Realty, Inc
List Price
$94,900
Sold Price
$94,900
Current Estimated Value
$218,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,003
Avg. Annual Appreciation
8.78%
Original Mortgage
$90,155
Outstanding Balance
$70,373
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$159,838

Purchase Details

Closed on
May 24, 2007
Sold by
Gill Nathan D and Gill Sandra D
Bought by
The Bank Of New York Trust Co Na
Source: Public Records

Range of Values:

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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
Piech Anthony J -- Fiedelity National Title
The Bank Of New York Trust Co Na $96,305 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piech Anthony J $90,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $94,900 0.0% $56 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $94,900 -- $56 / 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 $2,808 $278,000 $8,200 $269,800
2023 $2,287 $233,700 $8,100 $225,600
2022 $2,330 $191,800 $8,100 $183,700
2021 $1,693 $141,200 $9,600 $131,600
2020 $1,635 $136,600 $9,300 $127,300
2019 $1,198 $116,600 $8,900 $107,700
2018 $1,204 $101,000 $7,700 $93,300
2017 $1,211 $99,000 $7,700 $91,300
2016 $1,229 $99,000 $7,700 $91,300
2014 $1,275 $48,400 $7,500 $40,900
2013 $1,315 $49,800 $7,500 $42,300
Source: Public Records

Agents Affiliated with this Home

  • Beverly Fisher

    Seller's Agent in 2015

    Beverly Fisher

    Weichert Rltrs-J.Dunfee&Assoc.

    (574) 274-4877

    74 Total Sales

    Beverly Fisher
    Section Image
  • Tina Herman

    Buyer's Agent in 2015

    Tina Herman

    Open Door Realty, Inc

    (574) 220-7555

    96 Total Sales

    Tina Herman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201453039

Indiana Regional MLS

APN: 71-08-24-401-015.000-026

Indiana St Joseph County South Bend 46614

501 E Farneman St, South Bend, IN

This home is located at 501 E Farneman St, South Bend, IN 46614 since 12 December 2014 and is currently estimated at $218,903, approximately $129 per square foot. This property was built in 1936. 501 E Farneman St is a home located in St. Joseph County with nearby schools including Monroe Elementary School, Jackson Middle School, and Riley 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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