NOT LISTED FOR SALE

Estimated Value: $71,000 - $124,000

4 Beds
2 Baths
1,792 Sq Ft
$53/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $10,500 $6 Per Sq Ft

Est. 797% increase in value since last sale

Current estimated payment $615/month

32 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of December 2016

Great Deal on Duplex in South Bend! This property features Two 2 bedroom Apartments, needs some work but once you have it up in running you could sit back and make great rent! Sold "as is". Call today to set up a showing

Last Agent to Sell the Property

Joseph Tiffany

Tiffany Group Real Estate Advisors LLC Listed on: 10/10/2016

Last Buyer's Agent

Timothy Robinson

Action Realty of Northern IN

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 5,850 Sq Ft Lot
  • Lot Dimensions are 34x 149
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-357-010.000-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1913
  • Age: 103
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 104 SWYGARTS 2ND
  • Parcel Number ID: 71-08-02-357-010.000-026
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 81.4
  • Special Features: None

Interior Features

  • Total Sq Ft: 2674
  • Total Finished Sq Ft: 1792
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Sq Ft: 882
  • Price Per Sq Ft: 5.86
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 882
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Lasalle Academy
  • High School: Clay

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 34x 149
  • Estimated Lot Sq Ft: 5850
  • Estimated Lot Size Acres: 0.1343
  • Lot Number: 104

Tax Info

  • Total Assessed Value: 25900
  • Annual Property Tax: 673

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2023
Sold by
Farlow Darrick
Bought by
514 N Studebaker St Llc
Current Estimated Value
$94,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$487,637
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$386,772

Purchase Details

Closed on
Nov 12, 2020
Sold by
Polk Monique
Bought by
Farlow Darrick and Branch James

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 15, 2016
Sold by
Price
Bought by
Polk Monique
Seller's Agent
Joseph Tiffany
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Timothy Robinson
Action Realty of Northern IN
List Price
$12,900
Sold Price
$10,500
Premium/Discount to List
-$2,400
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.74%

Purchase Details

Closed on
Apr 2, 2010
Sold by
Price Kent Earl and Price Sandra
Bought by
Price Kent Earl and Kent Earl Price Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
514 N Studebaker St Llc $60,000 --
Farlow Darrick -- None Available
Polk Monique -- Metropolitan Title
Price Kent Earl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 514 N Studebaker St Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $10,500 -18.6% $6 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $12,900 -- $7 / 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 $1,144 $46,200 $4,400 $41,800
2023 $1,538 $46,200 $4,400 $41,800
2022 $1,538 $64,100 $4,400 $59,700
2021 $1,473 $57,800 $3,000 $54,800
2020 $1,430 $57,800 $3,000 $54,800
2019 $1,205 $58,100 $3,300 $54,800
2018 $719 $26,700 $3,300 $23,400
2017 $699 $26,400 $3,300 $23,100
2016 $714 $26,400 $3,300 $23,100
2014 $685 $26,200 $3,300 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201646881

Indiana Regional MLS

APN: 71-08-02-357-010.000-026