509 E Eckman St South Bend, IN 46614
2
Beds
1
Bath
1,120
Sq Ft
4,957
Sq Ft Lot
About This Home
As of August 2022Investment Opportunity! This 2-bedroom 1-bathroom will be great for your next Fix 'n Flip or a new addition to your rental portfolio. The home sits on an 1120sq./ft. footprint, so there is plenty of room for a layout change to add another bedroom on the main floor. This home has a large attic area affording the possibility to add additional living space up there too. Come check it out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $999
Year Built
- Built in 1926
Lot Details
- 4,957 Sq Ft Lot
- Lot Dimensions are 42x118
Home Design
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Living Room with Fireplace
- Basement Fills Entire Space Under The House
- Attic Fan
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Monroe Elementary School
- Jackson Middle School
- Riley High School
Utilities
- Radiator
- Heating System Uses Gas
Community Details
- Studebaker Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 71-08-24-251-011.000-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 18, 2022
Sold by
Gates James A and Gates Kelly M
Bought by
Gerstbauer Elise
Seller's Agent
Donna Rowe
Coldwell Banker Real Estate Group
Buyer's Agent
Pam Gerstbauer
Cressy & Everett- Elkhart
List Price
$119,900
Sold Price
$130,000
Premium/Discount to List
$10,100
8.42%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,768
Avg. Annual Appreciation
2.56%
Original Mortgage
$110,500
Outstanding Balance
$105,951
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$34,408
Purchase Details
Listed on
Mar 4, 2022
Closed on
Apr 6, 2022
Sold by
Lea Wantuch Carolyn
Bought by
Gates James A and Gates Kelly M
Seller's Agent
Lee Clark
Realty Plus, Inc.
Buyer's Agent
Donna Rowe
Coldwell Banker Real Estate Group
List Price
$59,900
Sold Price
$52,500
Premium/Discount to List
-$7,400
-12.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
987.11%
Original Mortgage
$47,250
Interest Rate
3.89%
Mortgage Type
New Conventional
Similar Homes in South Bend, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Metropolitan Title | |
| Personal Reps Deed | $52,500 | Ashcraft Kahlyn N |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,500 | New Conventional | |
| Previous Owner | $47,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $130,000 | +8.4% | $116 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $119,900 | +128.4% | $107 / Sq Ft |
| 04/05/2022 04/05/22 | Sold | $52,500 | -12.4% | $47 / Sq Ft |
| 03/04/2022 03/04/22 | For Sale | $59,900 | -- | $53 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,468 | $143,100 | $4,000 | $139,100 |
| 2023 | $1,157 | $124,800 | $4,000 | $120,800 |
| 2022 | $1,157 | $102,100 | $4,000 | $98,100 |
| 2021 | $1,225 | $104,000 | $6,400 | $97,600 |
| 2020 | $999 | $86,100 | $5,300 | $80,800 |
| 2019 | $873 | $83,000 | $5,100 | $77,900 |
| 2018 | $804 | $70,800 | $4,400 | $66,400 |
| 2017 | $815 | $70,000 | $4,400 | $65,600 |
| 2016 | $703 | $60,800 | $3,800 | $57,000 |
| 2014 | $659 | $59,900 | $3,800 | $56,100 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Rowe
Seller's Agent in 2022
Donna Rowe
Coldwell Banker Real Estate Group
(574) 340-3538
79 Total Sales
-
Lee Clark
Seller's Agent in 2022
Lee Clark
Realty Plus, Inc.
(574) 707-5052
53 Total Sales
-
P
Buyer's Agent in 2022
Pam Gerstbauer
Cressy & Everett- Elkhart
Map
Source: Indiana Regional MLS
MLS Number: 202206980
APN: 71-08-24-251-011.000-026
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