51812 Portage Rd South Bend, IN 46628
Estimated Value: $194,000 - $251,000
1
Bed
1
Bath
1,012
Sq Ft
$216/Sq Ft
Est. Value
About This Home
As of January 202410-acres To Love! An amazing opportunity beckons on this charming property. Whether you envision your dream getaway or a smart investment, the choice is yours to either complete the renovation or consider future subdivision possibilities. The property features a partially renovated house, a barn, a former chicken coop, and a large storage shed. Embrace the rustic charm of country living and put your personal touch on this unique space. There's ample room for gardens, livestock, and recreation. The house has begun its transformation, waiting for your creative vision to finish. The attic has undergone transformation into 2 large flex spaces, and the large dry basement offers the potential for additional expansion. The spacious barn can be repurposed as a workshop or party space. The storage shed is adaptable for a unique hobby or workspace. Enjoy the tranquility of country living in a green, outdoor haven. Whether you seek a peaceful retreat, hobby farm, investment, or your own renovation project, this property has it all.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,390
Year Built
- Built in 1929
Lot Details
- 9.6 Acre Lot
- Heavily Wooded Lot
Parking
- 1 Car Detached Garage
Home Design
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Unfinished Basement
- 5 Bedrooms in Basement
- Electric Dryer Hookup
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Darden Primary Center Elementary School
- Lasalle Academy Middle School
- Clay High School
Utilities
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 71-03-16-477-002.000-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
Jan 19, 2024
Sold by
Marcin Autumn and Marcin Ronald R
Bought by
Arthur Richard Coy Living Trust
Seller's Agent
Susan Bowyer
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Susan Bowyer
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$297,000
Sold Price
$260,000
Premium/Discount to List
-$37,000
-12.46%
Total Days on Market
4
Views
52
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
-$41,887
Avg. Annual Appreciation
-9.87%
Original Mortgage
$174,637
Outstanding Balance
$172,535
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$53,916
Purchase Details
Closed on
Dec 4, 2020
Sold by
Swanson Trust
Bought by
Marcin Autumn and Marcin Ronald R
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Similar Homes in South Bend, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arthur Richard Coy Living Trust | $260,000 | None Listed On Document | |
| Marcin Autumn | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arthur Richard Coy Living Trust | $174,637 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2024 01/23/24 | Sold | $260,000 | -12.5% | $257 / Sq Ft |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $297,000 | -- | $293 / 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 | $4,024 | $171,200 | $83,900 | $87,300 |
| 2023 | $3,981 | $177,100 | $83,900 | $93,200 |
| 2022 | $4,004 | $177,100 | $83,900 | $93,200 |
| 2021 | $2,919 | $117,500 | $32,600 | $84,900 |
| 2020 | $877 | $113,900 | $31,600 | $82,300 |
| 2019 | $706 | $109,500 | $30,400 | $79,100 |
| 2018 | $541 | $96,200 | $26,700 | $69,500 |
| 2017 | $1,117 | $119,200 | $26,700 | $92,500 |
| 2016 | $1,163 | $119,900 | $26,700 | $93,200 |
| 2014 | $703 | $89,900 | $20,500 | $69,400 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Bowyer
Seller's Agent in 2024
Susan Bowyer
Weichert Rltrs-J.Dunfee&Assoc.
(574) 339-5384
106 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202337614
APN: 71-03-16-477-002.000-008
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