NOT LISTED FOR SALE

502 N Arthur St South Bend, IN 46617

Northeast South Bend Neighborhood

Estimated Value: $142,000 - $808,000

4 Beds
2 Baths
2,214 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $38,500 $17 Per Sq Ft

Est. 924% increase in value since last sale

Current estimated payment $2,419/month

348 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Ceiling Fan
  • Adams High School Rated A-

About This Home

As of November 2018

Great investment opportunity very close to South Bends prestigious college! 2 story building with many possibilities. The main level was used as a daycare center which could easily be transformed to a 3 to 4 bedroom apartment. The upper level offers a 3 to 4 bedroom fully functioning apartment. Expansion possibilities within the private fenced area. Zoned MF1. Property is occuppied. Contact Thomas for your private showing!

Last Agent to Sell the Property

Thomas Capers

Capers Realty Listed on: 09/02/2017

Last Buyer's Agent

Joseph Tiffany

Tiffany Group Real Estate Advisors LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 36x100
  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-09-06-355-009.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1915
  • Age: 103
  • Style: Two Story
  • Total Number of Rooms: 12
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 28 HAPP & TAGGARTS 1ST ADD
  • Parcel Number ID: 71-09-06-355-009.000-026
  • Platted: Yes
  • Amenities: Ceiling Fan(s)
  • Cross Street: Eddy
  • Sp Lp Percent: 82.8
  • Special Features: None

Interior Features

  • Total Sq Ft: 3276
  • Total Finished Sq Ft: 2214
  • Above Grade Finished Sq Ft: 2214
  • Below Grade Sq Ft: 1062
  • Price Per Sq Ft: 17.39
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Bedroom 1: Dimensions: 10x10, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 18x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1062

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Perley
  • Middle School: Clay
  • High School: Clay

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 36x100
  • Estimated Lot Sq Ft: 3598
  • Estimated Lot Size Acres: 0.0826

Tax Info

  • Annual Taxes: 1621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
In Mark Llc
Bought by
P260 Llc and Bear Mark Llc
Total Days on Market
348
Current Estimated Value
$394,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Outstanding Balance
$252,968
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$106,699

Purchase Details

Closed on
May 27, 2021
Sold by
Pug Daddy Properties Llc
Bought by
In Mark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 2, 2017
Closed on
Nov 9, 2018
Sold by
Dodson Dawn
Bought by
Pug Daddy Properties Llc
Seller's Agent
Thomas Capers
Capers Realty
Buyer's Agent
Joseph Tiffany
Tiffany Group Real Estate Advisors LLC
List Price
$49,500
Sold Price
$38,500
Premium/Discount to List
-$11,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.58%

Purchase Details

Closed on
Jun 1, 2017
Sold by
Dodson Dawn
Bought by
Christian Faith Worship Center

Purchase Details

Closed on
Feb 9, 2009
Sold by
Christian Faith Worship Center
Bought by
Jennings Dawn

Purchase Details

Closed on
Jan 14, 2008
Sold by
Jennings Dawn
Bought by
Christian Faith Worship Center Inc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Jensen June and Jensen William
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Apr 7, 2005
Sold by
502 Arthur Land Trust
Bought by
Jensen June and Jensen William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Milliser Phillip and Milliser Julie
Bought by
Bank One National Assn
Source: Public Records

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Range of Values:

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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
P260 Llc -- Jaquinde William
In Mark Llc $35,000 None Available
Pug Daddy Properties Llc -- Fidelity National Title
Christian Faith Worship Center -- --
Jennings Dawn -- None Available
Christian Faith Worship Center Inc -- None Available
Christian Faith Worship Center Inc -- None Available
Hsbc Bank Usa Na $44,418 None Available
Jensen June -- None Available
Bank One National Assn $49,366 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P260 Llc $268,800
Previous Owner In Mark Llc $120,000
Previous Owner Jensen June $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $38,500 -17.2% $17 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/05/2018 08/05/18 Price Changed $46,500 -2.1% $21 / Sq Ft
07/23/2018 07/23/18 Price Changed $47,500 -2.1% $21 / Sq Ft
07/16/2018 07/16/18 Price Changed $48,500 -2.0% $22 / Sq Ft
06/14/2018 06/14/18 For Sale $49,500 +28.6% $22 / Sq Ft
03/28/2018 03/28/18 Off Market $38,500 -- --
09/02/2017 09/02/17 For Sale $59,000 -- $27 / 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 $2,544 $99,300 $7,700 $91,600
2023 $1,471 $100,900 $7,700 $93,200
2022 $1,471 $61,300 $7,700 $53,600
2021 $1,370 $55,300 $6,400 $48,900
2020 $1,368 $55,200 $6,300 $48,900
2019 $1,159 $55,800 $6,300 $49,500
2018 $1,375 $55,800 $6,300 $49,500
2017 $1,159 $55,100 $6,300 $48,800
2016 $1,182 $55,100 $6,300 $48,800
2014 $1,133 $53,600 $6,300 $47,300
Source: Public Records

Agents Affiliated with this Home

  • Thomas Capers

    Seller's Agent in 2018

    Thomas Capers

    Capers Realty

    (574) 217-5894

    2 in this area

    87 Total Sales

    Thomas Capers
    Section Image
  • Joseph Tiffany

    Buyer's Agent in 2018

    Joseph Tiffany

    Tiffany Group Real Estate Advisors LLC

    (574) 252-4111

    7 in this area

    31 Total Sales

    Joseph Tiffany
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201740973

Indiana Regional MLS

APN: 71-09-06-355-009.000-026

Indiana St Joseph County South Bend 46617 Northeast South Bend

502 N Arthur St, South Bend, IN

This home is located at 502 N Arthur St, South Bend, IN 46617 since 02 September 2017 and is currently estimated at $394,333, approximately $178 per square foot. This property was built in 1915. 502 N Arthur St is a home located in St. Joseph County with nearby schools including Nuner Fine Arts Academy, Jefferson Intermediate Traditional 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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