NOT LISTED FOR SALE

51811 W Gatehouse Dr South Bend, IN 46637

Estimated Value: $323,000 - $344,000

3 Beds
2.5 Baths
3,572 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $170,000 $48 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,016/month

42 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Dock Rights
  • Ranch Style House
  • Open Floorplan
  • Vaulted Ceiling
  • Backs to Open Ground

About This Home

As of October 2016

River Property! Lovely setting with gorgeous trees, big back yard with seawall, River frontage and views! Must see this back yard! River Commons, 3 bedroom, 2 ½ bath home. Vaulted, beamed ceilings, open floor plan and more! Eat-in kitchen with Corian counters, all appliances and 2 skylights! Living room with gas-log fireplace, wonderful views of the river and slider to deck and patio. Master bedroom with big closet and private bath with double sinks. 1st floor laundry. Den or office. Enclosed porch with ceiling fan, lots of windows, French door to kitchen and access to patio. Partially finished basement with wet bar, ½ bath, perimeter drain and more. Well maintained mechanicals; newer furnace and central air. City water and sewer! Attached garage with workbench and cabinets. Roof heaters. Seller is selling the home "as is".

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Listed on: 07/28/2016

McKinnies Realty, LLC

Last Buyer's Agent

Alison Hammer

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1978

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 95 x 193
  • 95 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Rural Setting

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Open Floorplan
  • Built-in Bookshelves
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Solid Surface Countertops
  • Utility Sink
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Seawall
  • Dock Rights
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 71-03-14-352-003.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1978

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1978
  • Age: 38
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 175 River Commons Section Six
  • Parcel Number ID: 71-03-14-352-003.000-003
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Built-In Bookcase, Cable Available, Ceiling-9+, Ceilings-Beamed, Ceilings-Vaulted, Countertops-Solid Surf, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Near Walking Trail, Open Floor Plan, Patio Open, Porch Enclosed, Range/Oven Hook Up Elec, Skylight(s), Utility Sink, Stand Up Shower, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Cross Street: Auten
  • Grid: Clay
  • Location: Rural Subdivision
  • Parcel Id2: 00212399774
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 94.5
  • Special Features: None

Interior Features

  • Total Sq Ft: 3876
  • Total Finished Sq Ft: 3572
  • Above Grade Finished Sq Ft: 1938
  • Below Grade Finished Sq Ft: 1634
  • Below Grade Sq Ft: 304
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Flooring: Carpet, Parquet, Vinyl
  • Living Great Room: Dimensions: 13x28, On Level: Main
  • Kitchen: Dimensions: 8x17, On Level: Main
  • Dining Room: Dimensions: 8x10, On Level: Main
  • Recreation Room: Dimensions: 16x54, On Level: Basement
  • Extra Room: Office, Dimensions: 7x8, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Other Room1: 3 Season Room, Dimensions: 10x19, On Level: Main
  • Other Room 2: Second Room, Dimensions: 8x18
  • Main Level Sq Ft: 1938
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1938

Exterior Features

  • Exterior: Brick, Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Sea Wall Type: Wood
  • Water Features: Boat Docking Rights
  • Water Frontage: 95

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x23
  • Garage Sq Ft: 529

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: 7xMain, On Level: 8
  • Water Type: River

Condo/Co-op/Association

  • Association Fees: 25
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Waterfront, 0-2.9999, Water View, Waterfront-Medium Bank
  • Lot Dimensions: 95 X 193
  • Estimated Lot Sq Ft: 18335
  • Estimated Lot Size Acres: 0.42
  • Lot Number: 175

Tax Info

  • Annual Taxes: 1201.64
  • Total Assessed Value: 129100
  • Exemptions: Homestead, Mortgage
  • Tax Code: Tax Code 02-Clay

Multi Family

  • Water Access: Riverfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 21, 2016
Sold by
Hesch Carolyn G
Bought by
Vegh Mary
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Alison Hammer
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$335,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,897
Avg. Annual Appreciation
7.90%
Original Mortgage
$166,920
Outstanding Balance
$133,434
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$202,463
Source: Public Records

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
Vegh Mary -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vegh Mary $166,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $170,000 -5.5% $48 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $179,900 -- $50 / 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 $2,793 $246,400 $53,700 $192,700
2023 $2,750 $263,500 $53,600 $209,900
2022 $3,103 $263,500 $53,600 $209,900
2021 $2,550 $208,200 $11,900 $196,300
2020 $2,185 $179,300 $10,200 $169,100
2019 $1,779 $173,800 $9,600 $164,200
2018 $1,569 $156,300 $8,300 $148,000
2017 $1,593 $152,300 $8,300 $144,000
2016 $1,546 $151,600 $8,300 $143,300
2014 $1,298 $129,700 $7,200 $122,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201635066

Indiana Regional MLS

APN: 71-03-14-352-003.000-003