NOT LISTED FOR SALE

506 Ostemo Place South Bend, IN 46617

North Shore Triangle Neighborhood

Estimated Value: $217,000 - $247,000

2 Beds
2 Baths
1,536 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $175,000 $114 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,417/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Detached Garage
  • Landscaped
  • Wood Flooring
  • 1-Story Property
  • 4-minute walk to Parkovash Park

About This Home

As of August 2021

Adorable 2 bedroom 2 bath home located less than 3 miles from the University of Notre Dame in a quiet neighborhood. This home features hardwood floors throughout, spacious deck in a privacy fenced back yard, finished basement, 1 car garage, gas log fireplace and much, much more. Schedule your private showing today as this one won't last long!

Last Agent to Sell the Property

Mike Lochmondy

Lochmondy Realty Listed on: 07/27/2021

Last Buyer's Agent

Abram Christianson

Howard Hanna SB Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1950

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 120' x 45'
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Electric Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Location

  • Suburban Location

Schools

  • Muessel Elementary School
  • Edison Middle School
  • Clay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-227-016.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,625

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 71
  • Style: One Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 60 NORTH SHORE TERRACE
  • Parcel Number ID: 71-08-02-227-016.000-026
  • Platted: Yes
  • Amenities: Deck Open, Garage Door Opener, Landscaped
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 109.44
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 768
  • Below Grade Finished Sq Ft: 768
  • Price Per Sq Ft: 227.86
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Fireplace: Living/Great Rm, Electric, Gas Log, Basement
  • Flooring: Hardwood Floors, Vinyl, Ceramic Tile
  • Bedroom 1: Dimensions: 13x9, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 768

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Full, Privacy, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage Sq Ft: 240
  • Garage: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120' x 45'
  • Estimated Lot Sq Ft: 5401
  • Estimated Lot Size Acres: 0.124
  • Lot Number: 60

Tax Info

  • Annual Taxes: 2625
  • Total Assessed Value: 109400

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Aug 27, 2021
Sold by
Fazio David J and Fazio Carma W
Bought by
Kates Rebecca Suzanne and Kates Aaron
Seller's Agent
Mike Lochmondy
Lochmondy Realty
Buyer's Agent
Abram Christianson
Howard Hanna SB Real Estate
List Price
$159,900
Sold Price
$175,000
Premium/Discount to List
$15,100
9.44%
Current Estimated Value
$235,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,059
Avg. Annual Appreciation
6.54%
Original Mortgage
$140,000
Outstanding Balance
$128,770
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$98,024

Purchase Details

Closed on
Apr 19, 2006
Sold by
Hill Amy E
Bought by
Fazio David J and Fazio Carma W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kates Rebecca Suzanne -- None Available
Fazio David J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kates Rebecca Suzanne $140,000
Previous Owner Fazio David J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $175,000 +9.4% $114 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $159,900 -- $104 / 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 $2,046 $179,100 $19,200 $159,900
2023 $2,003 $171,800 $19,200 $152,600
2022 $1,658 $137,500 $19,200 $118,300
2021 $1,306 $109,500 $27,300 $82,200
2020 $2,668 $109,400 $26,100 $83,300
2019 $2,019 $98,800 $23,600 $75,200
2018 $2,204 $90,500 $21,500 $69,000
2017 $2,282 $89,700 $21,500 $68,200
2016 $1,870 $71,700 $17,200 $54,500
2014 $1,848 $70,700 $17,200 $53,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Lochmondy

    Seller's Agent in 2021

    Mike Lochmondy

    Lochmondy Realty

    (574) 329-8961

    1 in this area

    64 Total Sales

    Mike Lochmondy
    Section Image
  • Abram Christianson

    Buyer's Agent in 2021

    Abram Christianson

    Howard Hanna SB Real Estate

    (574) 309-0602

    10 in this area

    305 Total Sales

    Abram Christianson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202130332

Indiana Regional MLS

APN: 71-08-02-227-016.000-026

Indiana St Joseph County South Bend 46617 North Shore Triangle

506 Ostemo Place, South Bend, IN

This home is located at 506 Ostemo Place, South Bend, IN 46617 since 27 July 2021 and is currently estimated at $235,059, approximately $153 per square foot. This property was built in 1950. 506 Ostemo Place is a home located in St. Joseph County with nearby schools including Muessel Primary Center, Edison Middle School, and Clay 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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