NOT LISTED FOR SALE

502 E Indiana Ave South Bend, IN 46613

Southeast South Bend Neighborhood

Estimated Value: $78,000 - $170,000

4 Beds
1.5 Baths
2,148 Sq Ft
$61/Sq Ft Est. Value

Last Sold January 28, 2025

Last sale price $36,000 $17 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $741/month

53 Days on Market

Highlights

  • 0.38 Acre Lot
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of January 2025

Fixer upper! Take a look at this large 2-story home with tons of character. So much potential for an investor or handyman to bring this home back to life. 4/5 bedrooms, 1.5 bathrooms, and over 2,000 square feet. Located walking distance to Riley High School and the brand new Southeast neighborhood center. Brand new homes being built just around the corner. Take a look today and transform this home into your next profitable renovation project! Sold as-is.

Last Agent to Sell the Property

Drew Overmyer

At Home Realty Group Brokerage Phone: 574-968-0100 Listed on: 11/25/2024

Last Buyer's Agent

Virginia Montero-Smith

RE/MAX 100

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 99x165

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lincoln Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-08-13-401-001.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 1 2 H Studebaker 1st Add
  • Parcel Number ID: 71-08-13-401-001.000-026
  • Platted: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2685
  • Total Finished Sq Ft: 2148
  • Above Grade Finished Sq Ft: 2148
  • Below Grade Sq Ft: 537
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 537

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Utilities

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

Schools

  • Elementary School: Lincoln

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 99X165
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38

Tax Info

  • Annual Taxes: 764

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
Nov 25, 2024
Closed on
Jan 28, 2025
Sold by
37 Milestone Llc
Bought by
Murillo Elder Rapalo
Seller's Agent
Drew Overmyer
At Home Realty Group
Buyer's Agent
Virginia Montero-Smith
RE/MAX 100
List Price
$59,900
Sold Price
$36,000
Premium/Discount to List
-$23,900
-39.9%
Views
86
Current Estimated Value
$130,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,199
Avg. Annual Appreciation
261.66%

Purchase Details

Closed on
Nov 14, 2024
Sold by
Hodges Mciver P
Bought by
37 Milestone Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murillo Elder Rapalo -- Near North Title Group
37 Milestone Llc -- Meridian Title
37 Milestone Llc -- Meridian Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $36,000 -19.8% $17 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/31/2024 12/31/24 Price Changed $44,900 -10.0% $21 / Sq Ft
12/18/2024 12/18/24 Price Changed $49,900 -9.1% $23 / Sq Ft
12/09/2024 12/09/24 Price Changed $54,900 -8.3% $26 / Sq Ft
11/25/2024 11/25/24 For Sale $59,900 -- $28 / Sq Ft
Source: Indiana Regional MLS

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 $764 $100,300 $5,400 $94,900
2023 $721 $67,900 $5,400 $62,500
2022 $675 $61,100 $5,400 $55,700
2021 $643 $54,300 $3,900 $50,400
2020 $844 $72,600 $3,800 $68,800
2019 $687 $64,400 $3,200 $61,200
2018 $774 $66,400 $3,300 $63,100
2017 $778 $65,400 $3,300 $62,100
2016 $788 $65,400 $3,300 $62,100
2014 $746 $64,900 $3,300 $61,600
Source: Public Records

Agents Affiliated with this Home

  • Drew Overmyer

    Seller's Agent in 2025

    Drew Overmyer

    At Home Realty Group

    (574) 299-3184

    16 in this area

    564 Total Sales

    Drew Overmyer
    Section Image
  • Virginia Montero-Smith

    Buyer's Agent in 2025

    Virginia Montero-Smith

    RE/MAX

    (574) 315-7515

    1 in this area

    134 Total Sales

    Virginia Montero-Smith
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202445460

Indiana Regional MLS

APN: 71-08-13-401-001.000-026

Indiana St Joseph County South Bend 46613 Southeast South Bend

502 E Indiana Ave, South Bend, IN

Not Listed for Sale

Detached

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