NOT LISTED FOR SALE

507 Leland Ave South Bend, IN 46616

Near Northwest Neighborhood

Estimated Value: $112,000 - $136,591

4 Beds
1 Bath
1,628 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $85,000 $52 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $751/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Adams High School Rated A-
  • Wood Siding

About This Home

As of July 2021

Move in ready! This freshly painted home contains two main floor bedrooms a large bathroom with dual sinks, laundry area, large kitchen and breakfast bar. Two bedrooms upstairs with oversized closets. Newer flooring, plumbing & sewer lines with a 4 year old 90% efficient furnace. Large front porch and fenced in double lot.

Last Agent to Sell the Property

Stephen Bizzaro

Howard Hanna SB Real Estate Listed on: 05/29/2021

Last Buyer's Agent

Julie Vest

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 1880

Lot Details

  • 4,421 Sq Ft Lot
  • Lot Dimensions are 94x71
  • Irregular Lot

Home Design

  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-476-050.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Age: 141
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: EX 54 FT S END LOT 65 EX 54FT S END LOT 66 E 1-2 HENRICKS & GRANT
  • Parcel Number ID: 71-08-02-476-050.000-026
  • Platted: Yes
  • Cross Street: Marion/Leland
  • Inside City Limits: Yes
  • Sp Lp Percent: 107.59
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1881
  • Total Finished Sq Ft: 1628
  • Above Grade Finished Sq Ft: 1628
  • Below Grade Sq Ft: 253
  • Price Per Sq Ft: 52.21
  • Basement: Yes
  • Basement Foundation: Partial Basement, Michigan Basement
  • Basement Material: Brick
  • Bedroom 1: Dimensions: 10x8, On Level: Main
  • Bedroom 2: Dimensions: 13x8, On Level: Main
  • Bedroom 3: Dimensions: 21x12, On Level: Upper
  • Bedroom 4: Dimensions: 10x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 253

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Utilities

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

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 94x71
  • Estimated Lot Sq Ft: 4421
  • Estimated Lot Size Acres: 0.1
  • Lot Number: 65

Tax Info

  • Annual Taxes: 916

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 13, 2021
Sold by
Net Works Llc
Bought by
Pierson Tammy Elizabeth and Pierson Michael
Seller's Agent
Stephen Bizzaro
Howard Hanna SB Real Estate
Buyer's Agent
Julie Vest
Cressy & Everett - South Bend
List Price
$79,000
Sold Price
$85,000
Premium/Discount to List
$6,000
7.59%
Current Estimated Value
$123,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,898
Avg. Annual Appreciation
9.36%
Original Mortgage
$83,460
Outstanding Balance
$75,796
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$48,102

Purchase Details

Listed on
Nov 1, 2014
Closed on
Apr 11, 2015
Sold by
Tmq Properties Llc
Bought by
Networks Llc
Seller's Agent
Pete Taddeo
Realty Plus, Inc.
Buyer's Agent
Steve Smith
Irish Realty
List Price
$19,000
Sold Price
$10,500
Premium/Discount to List
-$8,500
-44.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.59%

Purchase Details

Closed on
Nov 8, 2010
Sold by
Sumrall Lester
Bought by
Tmq Properties Llc

Purchase Details

Closed on
Jul 28, 2010
Sold by
Capstone Ministries Shouts Of Grace Chur
Bought by
Sumrall Lester

Purchase Details

Closed on
Mar 18, 2010
Sold by
Sumrall Lester
Bought by
Capstone Ministries

Purchase Details

Closed on
Nov 21, 2005
Sold by
Miller Raymond G
Bought by
Sumrall Lester L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
9.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Pierson Tammy Elizabeth $85,000 None Available
Networks Llc $10,500 --
Net Works Llc -- Metropolitan Title
Tmq Properties Llc -- Lawyers Title
Sumrall Lester -- None Available
Capstone Ministries -- None Available
Sumrall Lester L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Tammy Elizabeth $83,460
Previous Owner Sumrall Lester L $53,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2021 07/19/21 Sold $85,000 +7.6% $52 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $79,000 +652.4% $49 / Sq Ft
04/15/2015 04/15/15 Sold $10,500 -44.7% $6 / Sq Ft View Prior Sale
04/06/2015 04/06/15 Pending -- -- --
11/01/2014 11/01/14 For Sale $19,000 -- $12 / 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 $1,100 $91,200 $9,500 $81,700
2023 $1,014 $91,400 $9,500 $81,900
2022 $839 $73,800 $9,500 $64,300
2021 $563 $43,200 $11,800 $31,400
2020 $1,123 $43,200 $11,800 $31,400
2019 $916 $41,500 $10,100 $31,400
2018 $929 $45,000 $10,100 $34,900
2017 $1,154 $44,600 $10,100 $34,500
2016 $1,178 $44,600 $10,100 $34,500
2014 $787 $30,100 $10,100 $20,000
2013 $1,155 $44,100 $10,100 $34,000
Source: Public Records

Agents Affiliated with this Home

  • Stephen Bizzaro

    Seller's Agent in 2021

    Stephen Bizzaro

    Howard Hanna SB Real Estate

    (574) 229-4040

    14 in this area

    316 Total Sales

    Stephen Bizzaro
    Section Image
  • Julie Vest

    Buyer's Agent in 2021

    Julie Vest

    Cressy & Everett - South Bend

    (574) 322-5814

    3 in this area

    99 Total Sales

    Julie Vest
    Section Image
  • Pete Taddeo

    Seller's Agent in 2015

    Pete Taddeo

    Realty Plus, Inc.

    (574) 532-3334

    8 Total Sales

    Pete Taddeo
    Section Image
  • Steve Smith

    Buyer's Agent in 2015

    Steve Smith

    Irish Realty

    (574) 360-2569

    10 in this area

    935 Total Sales

    Steve Smith
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202120074

Indiana Regional MLS

APN: 71-08-02-476-050.000-026

Indiana St Joseph County South Bend 46601 Near Northwest

507 Leland Ave, South Bend, IN

This home is located at 507 Leland Ave, South Bend, IN 46616 since 29 May 2021 and is currently estimated at $123,898, approximately $76 per square foot. This property was built in 1880. 507 Leland Ave is a home located in St. Joseph County with nearby schools including Muessel Primary Center, Edison Middle 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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