NOT LISTED FOR SALE

509 S 31st St South Bend, IN 46615

River Park Neighborhood

Estimated Value: $73,105 - $114,000

1 Bed
1 Bath
528 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $25,000 $47 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $534/month

56 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Carpet
  • Adams High School Rated A-
  • Level Lot

About This Home

As of June 2019

Great simple home in desired neighborhood. This 1 bed, 1 bath home could be a great investment, rental, or low cost home to live in! Large fenced backyard. Currently rented for $515/month, plus utilities. Deals like this don't come along every day - check it out! Subject to tenants' rights.

Last Agent to Sell the Property

Brad Beer

Heart City Realty LLC Listed on: 03/14/2019

Last Buyer's Agent

Steve Weldy

Weichert Rltrs-J.Dunfee&Assoc.

Weichert Rltrs-J.Dunfee&Assoc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 38x160
  • Level Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Schools

  • Nuner Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-08-407-022.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 94
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 136 COLONIAL GARDENS
  • Parcel Number ID: 71-09-08-407-022.000-026
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.61
  • Year Taxes Payable: 2018/2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1056
  • Total Finished Sq Ft: 528
  • Above Grade Finished Sq Ft: 528
  • Below Grade Sq Ft: 528
  • Price Per Sq Ft: 47.35
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 528

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Nuner
  • Middle School: Jefferson
  • High School: Adams
  • Elementary School: Nuner

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38x160
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 718

MLS Schools

  • High School: Adams
  • Middle School: Jefferson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jun 20, 2019
Sold by
Michiana Rental Properties Llc
Bought by
Do Vinh T
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Steve Weldy
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Total Days on Market
56
Current Estimated Value
$90,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,526
Avg. Annual Appreciation
21.81%

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jun 19, 2019
Sold by
Schmidt James E and Schmidt Julie C
Bought by
Michiana Rental Properties Llc
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Steve Weldy
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Source: Public Records

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Range of Values:

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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
Do Vinh T -- Near North Title
Michiana Rental Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt James E $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $25,000 -10.4% $47 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $27,900 -6.7% $53 / Sq Ft
03/14/2019 03/14/19 For Sale $29,900 -- $57 / 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 $641 $34,600 $4,400 $30,200
2023 $602 $25,100 $4,400 $20,700
2022 $602 $25,100 $4,400 $20,700
2021 $643 $32,300 $4,400 $27,900
2020 $746 $29,300 $4,400 $24,900
2019 $621 $28,900 $4,000 $24,900
2018 $733 $28,900 $4,000 $24,900
2017 $757 $28,700 $4,000 $24,700
2016 $773 $28,700 $4,000 $24,700
2014 $740 $28,300 $4,000 $24,300
Source: Public Records

Agents Affiliated with this Home

  • Brad Beer

    Seller's Agent in 2019

    Brad Beer

    Heart City Realty LLC

    (574) 875-5149

    3 in this area

    300 Total Sales

    Brad Beer
    Section Image
  • Steve Weldy

    Buyer's Agent in 2019

    Steve Weldy

    Weichert Rltrs-J.Dunfee&Assoc.

    (574) 286-3210

    5 in this area

    146 Total Sales

    Steve Weldy
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201908853

Indiana Regional MLS

APN: 71-09-08-407-022.000-026

Indiana St Joseph County South Bend 46615 River Park

509 S 31st St, South Bend, IN

This home is located at 509 S 31st St, South Bend, IN 46615 since 14 March 2019 and is currently estimated at $90,526, approximately $171 per square foot. This property was built in 1925. 509 S 31st St is a home located in St. Joseph County with nearby schools including Nuner Fine Arts Academy, Jefferson Intermediate Traditional 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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