NOT LISTED FOR SALE

50948 Michigan St South Bend, IN 46637

Estimated Value: $80,000 - $142,000

2 Beds
1 Bath
672 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $83,000 $124 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $656/month

9 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Double Pane Windows
  • Wood Flooring
  • 1 Car Detached Garage
  • Central Air

About This Home

As of August 2020

Cute, affordable, ranch and 1 car, detached garage in Clay township and an additional, second lot next door that has a 2-car garage on it. New, 4" well in 2019. Some upgrades throughout, including Kitchen and bath. Hardwood floors in living room and both bedrooms. Vinyl, insulated windows. Currently rented on month to month basis. Possible investment property with bonus garage for your own storage/workshop... An appraisal last year shows value higher than asking price. Parcels #1 & #2 are the house lot and additional 2-car garage lot. Parcel #3 is very small sliver of land on back of house property, (see included documents). Measurements are approximate, (made by laser measuring device), and not warranted.

Last Agent to Sell the Property

Larry Cole

Cole Realty Group, LLC Listed on: 07/16/2020

Last Buyer's Agent

Tara Lochmandy

Cressy & Everett- Goshen

Cressy & Everett- Goshen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1941

Lot Details

  • 7,649 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Darden Primary Center Elementary School
  • Clay Middle School
  • Clay High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Dreamwold Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-03-12-357-003.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Age: 79
  • Style: One Story
  • Architectural Style: Bungalow, Ranch
  • Total Number of Rooms: 4
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Property #1: Lot 52 Dreamwold Hts 1st Property #2: Lot 53 Dreamwold Hts 1st Also 7' Vac Alley E Adj Property #3: W 1/2 Vac Alley Lyg E Of Lot 52 Dreamwold Hts 1st
  • Parcel Number ID: 71-03-12-357-003.000-003
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Near Walking Trail, Porch Covered
  • Parcel Id2: 710312357004000003
  • Sp Lp Percent: 99.4
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 672
  • Above Grade Finished Sq Ft: 672
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 123.51
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 15x11, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Main Level Sq Ft: 672
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 672

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 20x24

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x14
  • Garage Sq Ft: 336
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Darden Primary Center
  • Middle School: Clay
  • High School: Clay
  • Elementary School: Darden Primary Center

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 x 153 and 50 x 160
  • Estimated Lot Sq Ft: 7649
  • Estimated Lot Size Acres: 0.1756
  • Lot Number: 52

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1219
  • Total Assessed Value: 60100

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
Jul 16, 2020
Closed on
Sep 17, 2020
Sold by
Jeske James E
Bought by
Ranstead James
Seller's Agent
Larry Cole
Cole Realty Group, LLC
Buyer's Agent
Tara Lochmandy
Cressy & Everett- Goshen
List Price
$79,900
Sold Price
$83,000
Premium/Discount to List
$3,100
3.88%
Current Estimated Value
$114,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,193
Avg. Annual Appreciation
6.48%
Original Mortgage
$81,496
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 11, 2020
Sold by
Jeske James E
Bought by
Ranstead James
Seller's Agent
Larry Cole
Cole Realty Group, LLC
Buyer's Agent
Tara Lochmandy
Cressy & Everett- Goshen
List Price
$79,900
Sold Price
$83,000
Premium/Discount to List
$3,100
3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2005
Sold by
Blackford Joan and Kio Connie
Bought by
Jeske James E and Scope Ronald A
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
Ranstead James -- Fidelity National Title
Jeske James E -- None Available
Ranstead James $82,310 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranstead James $81,496
Previous Owner Ranstead James $81,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $83,000 -0.6% $124 / Sq Ft
07/25/2020 07/25/20 Price Changed $83,500 +4.5% $124 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $79,900 -- $119 / 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 $607 $87,700 $21,100 $66,600
2023 $607 $92,200 $21,100 $71,100
2022 $658 $92,900 $21,100 $71,800
2021 $421 $70,900 $5,300 $65,600
2020 $664 $68,000 $5,100 $62,900
2019 $1,284 $60,100 $4,700 $55,400
2018 $1,404 $60,100 $4,700 $55,400
2017 $1,220 $49,600 $3,900 $45,700
2016 $957 $36,600 $3,900 $32,700
2014 $744 $29,500 $3,200 $26,300
Source: Public Records

Agents Affiliated with this Home

  • Larry Cole

    Seller's Agent in 2020

    Larry Cole

    Cole Realty Group, LLC

    (574) 277-3888

    28 Total Sales

    Larry Cole
    Section Image
  • Tara Lochmandy

    Buyer's Agent in 2020

    Tara Lochmandy

    Cressy & Everett- Goshen

    (574) 849-4220

    127 Total Sales

    Tara Lochmandy
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202027713

Indiana Regional MLS

APN: 71-03-12-357-003.000-003

Indiana St Joseph County South Bend 46637

50948 Michigan St, South Bend, IN

This home is located at 50948 Michigan St, South Bend, IN 46637 since 16 July 2020 and is currently estimated at $114,193, approximately $169 per square foot. This property was built in 1941. 50948 Michigan St is a home located in St. Joseph County with nearby schools including Darden Elementary School, Dickinson Fine Arts Academy, 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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