Seller's Agent in 2021
Mike Lochmondy
Lochmondy Realty
(574) 329-8961
64 Total Sales
516 River Ave South Bend, IN 46601
Estimated Value: $102,000 - $144,000
3
Beds
1
Bath
2,016
Sq Ft
$62/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Formal Dining Room
- Property is Fully Fenced
- Covered Patio or Porch
- Forced Air Heating and Cooling System
- Level Lot
About This Home
As of April 2021Don't miss out on this charming 3 bedroom 1 bath home located close to downtown South Bend, Plaza Park, and the Farmers Market! This home features hardwood floors throughout, a privacy fenced back yard, and many updates, including a 3 year old roof, new carpet in the bedrooms and in the lower level, new bathroom flooring, fresh paint, 6 year old furnace and hot water heater, plus all the appliances stay! Schedule your private showing today as this one is move in ready and won't last!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $957
Year Built
- Built in 1920
Lot Details
- 3,080 Sq Ft Lot
- Lot Dimensions are 40' x 77'
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
- Level Lot
Parking
- Driveway
Home Design
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Formal Dining Room
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Schools
- Lincoln Elementary School
- Jefferson Middle School
- Adams High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 71-08-12-406-004.000-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2020
Closed on
Apr 20, 2021
Sold by
Mueller William G
Bought by
Davenport Branden W
Seller's Agent
Mike Lochmondy
Lochmondy Realty
Buyer's Agent
Jennifer Lillie
Cressy & Everett - South Bend
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%
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
$29,867
Avg. Annual Appreciation
8.29%
Original Mortgage
$71,250
Outstanding Balance
$65,252
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$69,843
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davenport Branden W | $95,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davenport Branden W | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2021 04/29/21 | Sold | $95,000 | -9.4% | $47 / Sq Ft |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $104,900 | 0.0% | $52 / Sq Ft |
| 03/06/2021 03/06/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | For Sale | $104,900 | 0.0% | $52 / Sq Ft |
| 02/14/2021 02/14/21 | Pending | -- | -- | -- |
| 01/05/2021 01/05/21 | Price Changed | $104,900 | -4.5% | $52 / Sq Ft |
| 11/30/2020 11/30/20 | Price Changed | $109,900 | -4.4% | $55 / Sq Ft |
| 11/16/2020 11/16/20 | Price Changed | $114,900 | -4.2% | $57 / Sq Ft |
| 11/09/2020 11/09/20 | Price Changed | $119,900 | -7.7% | $59 / Sq Ft |
| 10/29/2020 10/29/20 | For Sale | $129,900 | -- | $64 / 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 | $1,531 | $62,400 | $2,900 | $59,500 |
| 2023 | $1,488 | $126,500 | $2,900 | $123,600 |
| 2022 | $2,587 | $106,000 | $2,900 | $103,100 |
| 2021 | $1,635 | $66,300 | $3,800 | $62,500 |
| 2020 | $1,227 | $49,300 | $2,800 | $46,500 |
| 2019 | $1,000 | $47,800 | $2,200 | $45,600 |
| 2018 | $1,185 | $47,800 | $2,200 | $45,600 |
| 2017 | $1,228 | $47,500 | $2,200 | $45,300 |
| 2016 | $586 | $47,500 | $2,200 | $45,300 |
| 2014 | $543 | $47,000 | $2,200 | $44,800 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Lochmondy
-
Jennifer Lillie
Buyer's Agent in 2021
Jennifer Lillie
Cressy & Everett - South Bend
(574) 286-9667
200 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202043807
APN: 71-08-12-406-004.000-026
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