NOT LISTED FOR SALE

502 Altgeld St South Bend, IN 46614

Estimated Value: $173,000 - $190,000

3 Beds
1.5 Baths
1,652 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $175,000 $106 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,187/month

26 Days on Market

About This Home

As of November 2022

Come home to this charming 2 story, 3 bedroom, 1 1/2 bath home is Erskine Park neighborhood. Nestled between Studebaker and Erskine golf courses, just a few blocks from several schools and restaurants, this newly renovated home is close to it all! Up the front steps and from your cozy entry go first across the original hardwood floors to the living room with wood burning fireplace. Turn back to the formal dining room and cross into the large eat-in kitchen with pergo floors, butcher block island, white stone counters, new cabinets, new tile backsplash and new stainless steel appliances. The painted brick wall offers a bit of character to your new, modern kitchen. Your main floor also includes access to a screened in porch at the front corner of the house; big enough to share a meal, or add some outdoor friendly furnishings to simply sit, chat and watch the leaves change in the fall. Head back in and upstairs to the three bedrooms each with original hardwood floors, beautifully restored. The upstairs full bath has been redone with mosaic tile floors, and tiled tub/shower combo. The basement is clean and ready for you to add storage or living space. Enjoy the new AC unit to keep you cool in the summer. Come and see for yourself before this South Bend beauty is gone.

Last Listed By

Virginia Montero-Smith

RE/MAX 100 Listed on: 10/21/2022

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1925

Lot Details

  • 5,412 Sq Ft Lot
  • Lot Dimensions are 41x132

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement
  • 1 Bedroom in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

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

Community Details

  • Studebaker Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-08-24-203-001.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,311

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 97
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 92 STUDEBAKER PLACE 1ST
  • Parcel Number ID: 71-08-24-203-001.000-026
  • Platted: Yes
  • Sp Lp Percent: 100.06
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2324
  • Total Finished Sq Ft: 1652
  • Above Grade Finished Sq Ft: 1652
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 105.93
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 16x11, On Level: Upper
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Bedroom 3: Dimensions: 11x9, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 672

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

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
  • Elementary School: Monroe

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41X132
  • Estimated Lot Sq Ft: 5412
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 92

Tax Info

  • Annual Taxes: 1310.62

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 22, 2022
Sold by
Torres Rosa Colon
Bought by
Taylor Brianna Rose and Williams Nikole Elizabeth
Seller's Agent
Virginia Montero-Smith
RE/MAX 100
Buyer's Agent
Emmon Schmucker
Coldwell Banker Real Estate Group
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Total Days on Market
26
Views
29
Current Estimated Value
$184,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,866
Avg. Annual Appreciation
1.95%
Original Mortgage
$169,750
Outstanding Balance
$165,593
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$18,098

Purchase Details

Listed on
Feb 6, 2021
Closed on
Feb 19, 2021
Sold by
Lowden Lisa M
Bought by
Torres Rosa Colon
Seller's Agent
Brandilyn Milsllagle
Realty Group Resources
Buyer's Agent
Virginia Montero-Smith
RE/MAX 100
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.35%

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
Taylor Brianna Rose -- Near North Title
Torres Rosa Colon $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Brianna Rose $169,750
Previous Owner Janicki Leigh W $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $175,000 +0.1% $106 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $174,900 +191.5% $106 / Sq Ft
02/19/2021 02/19/21 Sold $60,000 -7.6% $36 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $64,900 -- $39 / 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 $1,886 $181,000 $4,100 $176,900
2023 $1,678 $158,800 $4,100 $154,700
2022 $1,678 $142,500 $4,100 $138,400
2021 $3,226 $132,600 $6,600 $126,000
2020 $1,311 $109,900 $5,500 $104,400
2019 $1,102 $105,900 $5,300 $100,600
2018 $1,059 $90,200 $4,500 $85,700
2017 $1,076 $89,300 $4,500 $84,800
2016 $934 $77,700 $3,900 $73,800
2014 $884 $76,600 $3,900 $72,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202243800

Indiana Regional MLS

APN: 71-08-24-203-001.000-026