NOT LISTED FOR SALE

501 N Walnut St South Bend, IN 46628

Kennedy Park Neighborhood

Estimated Value: $21,000 - $75,000

2 Beds
1.5 Baths
932 Sq Ft
$56/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $30,000 $32 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $326/month

19 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2024

Investment opportunity! Your next project awaits with this solid fixer-upper in South Bend. Great opportunity for flip, rent, or build loads of equity. The home is setup to have 2 bedrooms on the main floor, but has been converted to have one large room with walk-in closet. Large dry basement. 2 car detached garage. The unfinished attic could be finished to create a 3rd bedroom or efficiency apartment for additional income. Use your imagination and make this home shine again!

Last Agent to Sell the Property

Drew Overmyer

At Home Realty Group Brokerage Phone: 574-968-0100 Listed on: 05/11/2024

Last Buyer's Agent

Drew Overmyer

At Home Realty Group Brokerage Phone: 574-968-0100 Listed on: 05/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $565

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 38x150

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Madison Elementary School
  • Dickinson Middle School
  • Washington High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-357-029.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$565

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1895
  • Age: 129
  • Style: One Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: S 37.5 Ft Lot A Swygarts 2nd
  • Parcel Number ID: 71-08-02-357-029.000-026
  • Platted: Yes
  • Sp Lp Percent: 75.19
  • Year Taxes Payable: 24/25
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2464
  • Total Finished Sq Ft: 932
  • Above Grade Finished Sq Ft: 932
  • Above Grade Unfinished Sq Ft: 600
  • Below Grade Sq Ft: 932
  • Price Per Sq Ft: 32.19
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 932

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Dickinson
  • High School: Washington
  • Elementary School: Madison

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 38x150
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 565

MLS Schools

  • High School: Washington
  • Middle School: Dickinson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Birchwood Capital Llc
Bought by
Swa South Bend Properties Llc
Current Estimated Value
$52,620

Purchase Details

Listed on
May 11, 2024
Closed on
Sep 11, 2024
Sold by
Hall Gregory M
Bought by
Birchwood Capital Llc
Seller's Agent
Drew Overmyer
At Home Realty Group
Buyer's Agent
Drew Overmyer
At Home Realty Group
List Price
$44,000
Sold Price
$30,000
Premium/Discount to List
-$14,000
-31.82%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.65%

Purchase Details

Closed on
May 19, 2020
Sold by
Nice Rentals Llc
Bought by
Hall Gregory M

Purchase Details

Closed on
Aug 29, 2019
Sold by
Taylor Ronald
Bought by
Nice Rentals Llc

Purchase Details

Closed on
Apr 13, 2017
Sold by
Mason Ii Perry C
Bought by
Taylor Ronald

Purchase Details

Closed on
Feb 11, 2017
Sold by
Mason Lisa
Bought by
Mason Ii Perry C

Purchase Details

Closed on
Dec 19, 2006
Sold by
Investment Capital Co
Bought by
Mason Ii Perry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Mccauley Derek S
Bought by
Union Federal Bank Of Indianpolis and Union Federal Savings Bank Of Indianapol
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Swa South Bend Properties Llc $49,000 None Listed On Document
Birchwood Capital Llc $30,000 None Listed On Document
Hall Gregory M -- None Available
Nice Rentals Llc -- None Available
Taylor Ronald -- Fidelity National Title
Mason Ii Perry C -- --
Mason Ii Perry C -- None Available
Union Federal Bank Of Indianpolis $23,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Ii Perry C $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $30,000 -24.8% $32 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/19/2024 05/19/24 Price Changed $39,900 -9.3% $43 / Sq Ft
05/11/2024 05/11/24 For Sale $44,000 -- $47 / 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 $565 $48,800 $2,900 $45,900
2023 $522 $21,900 $2,900 $19,000
2022 $526 $21,900 $2,900 $19,000
2021 $475 $44,600 $2,900 $41,700
2020 $1,113 $44,600 $2,900 $41,700
2019 $941 $44,900 $3,200 $41,700
2018 $1,160 $44,300 $3,200 $41,100
2017 $1,132 $43,700 $3,200 $40,500
2016 $1,155 $43,700 $3,200 $40,500
2014 $1,121 $42,900 $3,200 $39,700
Source: Public Records

Agents Affiliated with this Home

  • Drew Overmyer

    Seller's Agent in 2024

    Drew Overmyer

    At Home Realty Group

    (574) 299-3184

    15 in this area

    568 Total Sales

    Drew Overmyer
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Map

Source: Indiana Regional MLS

MLS Number: 202416702

Indiana Regional MLS

APN: 71-08-02-357-029.000-026

Indiana St Joseph County South Bend 46628 Kennedy Park

501 N Walnut St, South Bend, IN

This home is located at 501 N Walnut St, South Bend, IN 46628 since 11 May 2024 and is currently estimated at $52,620, approximately $56 per square foot. This property was built in 1895. 501 N Walnut St is a home located in St. Joseph County with nearby schools including Madison STEAM Academy, Dickinson Fine Arts Academy, and Washington 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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