NOT LISTED FOR SALE

5051 W Colfax Ave South Bend, IN 46619

Estimated Value: $176,000 - $198,000

3 Beds
2 Baths
1,036 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $85,000 $82 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,138/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Partially Wooded Lot
  • Open Floorplan
  • Vaulted Ceiling
  • Backs to Open Ground

About This Home

As of March 2018

Everyone's looking for a great home at an affordable price. Well look no further, you've found it. This charming 3 bedroom, 2 bath contemporary ranch home in Portage Gardens sub-division is situated in a quite, peaceful neighborhood, yet close to shopping, restaurants and the new Four Winds Casino. As you enter the home you'll appreciate the open concept and vaulted ceiling that gives the feeling of a much larger home. The large eat-in kitchen has lots of room to prepare those big family dinners and all the appliances are included. You'll find the master bedroom the perfect place to unwind after a long day. The huge basement is just waiting to be finished and turned in to a family room, a play room for the kids or the ultimate man cave. Just add dry wall and flooring and you've doubled your living space. There's a cement patio in the landscaped backyard and a large garden shed for additional storage. Whether you're a first time home buyer or looking to downsize, this will be the perfect place for you to call home. Call us today for your private showing!

Last Agent to Sell the Property

Dennis Bamber

Cressy & Everett- Elkhart Listed on: 01/16/2018

Cressy & Everett- Elkhart

Last Buyer's Agent

Kathy Nate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1999

Lot Details

  • 7,876 Sq Ft Lot
  • Lot Dimensions are 75 x 105
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Partially Wooded Lot

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-08-05-458-013.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$993

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1999
  • Age: 19
  • Style: One Story
  • Architectural Style: Contemporary, Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 174A PORTAGE GARDENS COLFAX AVE. REPLAT 00-01 SET UP NEW REPAT PER TRANS #4743 7-7-99 |
  • Parcel Number ID: 71-08-05-458-013.000-026
  • Platted: Yes
  • Amenities: Alarm System-Security, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Disposal, Eat-In Kitchen, Landscaped, Open Floor Plan, Porch Covered, Main Level Bedroom Suite
  • Location: City/Town/Suburb, Near Airport
  • Sp Lp Percent: 94.55
  • Special Features: None

Interior Features

  • Total Sq Ft: 2072
  • Total Finished Sq Ft: 1036
  • Above Grade Finished Sq Ft: 1036
  • Below Grade Sq Ft: 1036
  • Price Per Sq Ft: 82.05
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1036

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x10

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 75 x 105
  • Estimated Lot Sq Ft: 7876
  • Estimated Lot Size Acres: 0.1808

Tax Info

  • Annual Taxes: 993
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2019
Sold by
Simon Lawrence G and Simon Toni
Bought by
Simon Lawrence G and Simon Toni
Current Estimated Value
$190,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,996
Outstanding Balance
$81,049
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$109,203

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 3, 2018
Sold by
Bernard Broadway Jr
Bought by
Simon Lawrence G and Simon Toni
Seller's Agent
Dennis Bamber
Cressy & Everett- Elkhart
Buyer's Agent
Kathy Nate
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$83,460
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 23, 2018
Sold by
Broadway Bernard
Bought by
Simon Lawrence G and Simon Toni
Seller's Agent
Dennis Bamber
Cressy & Everett- Elkhart
Buyer's Agent
Kathy Nate
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 26, 2012
Sold by
Brown Michael E
Bought by
Mack Jerry A
Seller's Agent
Marlin Milligan
Timeless Real Estate
Buyer's Agent
Pam Adams
At Home Realty Group
List Price
$87,500
Sold Price
$68,000
Premium/Discount to List
-$19,500
-22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$66,768
Interest Rate
3.92%
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
Simon Lawrence G $90,156 None Listed On Document
Simon Lawrence G $84,294 Fidelity National Title
Simon Lawrence G -- Fidelity National Title
Mack Jerry A -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Lawrence G $91,996
Previous Owner Simon Lawrence G $83,460
Previous Owner Simon Lawrence G $83,460
Previous Owner Mack Jerry A $66,768
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $85,000 -5.5% $82 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $89,900 +15.3% $87 / Sq Ft
04/01/2016 04/01/16 Sold $78,000 0.0% $75 / Sq Ft View Prior Sale
01/23/2016 01/23/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $78,000 +14.7% $75 / Sq Ft
05/30/2012 05/30/12 Sold $68,000 -22.3% $66 / Sq Ft View Prior Sale
04/14/2012 04/14/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $87,500 -- $84 / 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 $1,504 $159,400 $8,300 $151,100
2023 $1,461 $121,100 $8,300 $112,800
2022 $1,496 $165,900 $11,300 $154,600
2021 $956 $80,400 $1,100 $79,300
2020 $956 $80,400 $1,100 $79,300
2019 $894 $82,800 $1,400 $81,400
2018 $1,030 $85,700 $1,400 $84,300
2017 $1,008 $84,000 $1,400 $82,600
2016 $1,033 $84,900 $1,400 $83,500
2014 $1,011 $85,800 $1,400 $84,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201801863

Indiana Regional MLS

APN: 71-08-05-458-013.000-026