NOT LISTED FOR SALE

5049 Reo Ave South Bend, IN 46619

Estimated Value: $105,000 - $147,000

2 Beds
1 Bath
760 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $74,000 $97 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $821/month

64 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Stone Countertops
  • Partially Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of May 2018

newer furnace and central air in 2013, ,seller may help in buyers closing cost call for details , home totally redone, new stanless applances ,, home sits on 3 lots large 2 car garage, new siding ,new windows, new floors, granite counter tops all new bathroom with tile surround move in ready 3 large lots 233-234-235

Last Agent to Sell the Property

George Banner

At Home Realty Group Listed on: 03/07/2018

Last Buyer's Agent

Aaron Bechtel

BIG Realty Services, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $519

Year Built

  • Built in 1937

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 120x105
  • Rural Setting
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Partially Finished Basement
  • Block Basement Construction
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 71-08-05-459-015.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$519

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1937
  • Age: 81
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: lot 233,234,235, portage gardens |
  • Parcel Number ID: 71-08-05-459-015.000-026
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Stone, Main Level Bedroom Suite
  • Location: City/Town/Suburb, Rural Subdivision
  • Sp Lp Percent: 98.67
  • Special Features: None

Interior Features

  • Total Sq Ft: 1320
  • Total Finished Sq Ft: 760
  • Above Grade Finished Sq Ft: 760
  • Below Grade Sq Ft: 560
  • Price Per Sq Ft: 97.37
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block, Poured Concrete
  • Flooring: Hardwood Floors, Carpet
  • Bedroom 1: Dimensions: 10x8, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 560

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Size: 2 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Wooded
  • Lot Dimensions: 120x105
  • Estimated Lot Sq Ft: 4199
  • Estimated Lot Size Acres: 0.0964
  • Lot Number: 234

Tax Info

  • Annual Taxes: 519
  • Total Assessed Value: 45400
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Jun 18, 2018
Sold by
25362 M 60 Llc
Bought by
Trippett Dwayne
Seller's Agent
George Banner
At Home Realty Group
Buyer's Agent
Aaron Bechtel
BIG Realty Services, LLC
List Price
$75,000
Sold Price
$74,000
Premium/Discount to List
-$1,000
-1.33%
Current Estimated Value
$127,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,279
Avg. Annual Appreciation
7.23%
Original Mortgage
$72,659
Outstanding Balance
$63,623
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$59,145

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 31, 2018
Sold by
25362 M-60 Llc
Bought by
Trippett Dwayne
Seller's Agent
George Banner
At Home Realty Group
Buyer's Agent
Aaron Bechtel
BIG Realty Services, LLC
List Price
$75,000
Sold Price
$74,000
Premium/Discount to List
-$1,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,659
Outstanding Balance
$63,623
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$59,145

Purchase Details

Closed on
Mar 3, 2017
Sold by
Weaver Mark
Bought by
25362 M 60 Llc

Purchase Details

Closed on
Feb 28, 2017
Sold by
Eppenbaugh Michael L
Bought by
Weaver Mark

Purchase Details

Listed on
Mar 30, 2015
Closed on
Oct 28, 2015
Sold by
Reinebold James L and Reinbold Evelyn P
Bought by
Eppenbaugh Michael L and Weaver Mark
Seller's Agent
David Perry
RE/MAX 100
Buyer's Agent
Gloria Prawat
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$50,000
Sold Price
$33,500
Premium/Discount to List
-$16,500
-33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
Source: Public Records

Range of Values:

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Average Value
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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
Trippett Dwayne $73,385 Metropolitan Title
Trippett Dwayne -- Metropolitan Title
25362 M 60 Llc -- Fidelity National Title
Weaver Mark -- Fidelity National Title
Eppenbaugh Michael L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trippett Dwayne $35,000
Closed Trippett Dwayne $11,255
Open Trippett Dwayne $72,659
Closed Trippett Dwayne $72,659
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $74,000 -1.3% $97 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $75,000 +123.9% $99 / Sq Ft
10/28/2015 10/28/15 Sold $33,500 -33.0% $44 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $50,000 -- $66 / 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 $1,521 $109,700 $6,100 $103,600
2023 $1,478 $129,100 $6,000 $123,100
2022 $1,498 $129,100 $6,000 $123,100
2021 $753 $65,400 $600 $64,800
2020 $753 $65,400 $600 $64,800
2019 $468 $45,700 $700 $45,000
2018 $546 $45,700 $700 $45,000
2017 $552 $45,400 $700 $44,700
2016 $559 $45,400 $700 $44,700
2014 $1,160 $44,400 $700 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201808289

Indiana Regional MLS

APN: 71-08-05-459-015.000-026