NOT LISTED FOR SALE

Estimated Value: $191,000 - $294,000

4 Beds
3 Baths
3,556 Sq Ft
$69/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $75,000 $21 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,411/month

677 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Fenced Yard
  • Wood Flooring
  • Covered patio or porch
  • 1 Car Detached Garage

About This Home

As of October 2016

Calling all investors looking for an opportunity to make money with this fixer upper triplex on a corner lot close to library, century center, Tippecanoe Place, East Race, and downtown.

Last Listed By

Shelley Marsiliano

Coldwell Banker Real Estate Group Listed on: 09/08/2014

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x130
  • Fenced Yard
  • Chain Link Fence
  • Landscaped
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Pocket Doors
  • Entrance Foyer
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Attic

  • Storage In Attic
  • Walkup Attic

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Jefferson Elementary School
  • Jackson Middle School
  • Adams High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, trash collection, water
  • Assessor Parcel Number 71-08-11-279-001.000-026

Community Details

Building Details

  • Electric Expense $436
  • Fuel Expense $2,124
  • Insurance Expense $848
  • Maintenance Expense $1,000
  • Trash Expense $127
  • Water Sewer Expense $660

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Age: 136
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 9 Vails Sub Block 3 |
  • Parcel Number ID: 71-08-11-279-001.000-026
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Fireplace, Off Street Parking, Storage, Attic Storage, Attic-Walk-up, Built-In Bookcase, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Foyer Entry, Landscaped, Pocket Doors, Porch Covered, Six Panel Doors, Storm Doors, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.75
  • Year Taxes Payable: 3505.16
  • Special Features: None

Interior Features

  • Total Sq Ft: 4445
  • Total Finished Sq Ft: 3556
  • Above Grade Finished Sq Ft: 3556
  • Below Grade Sq Ft: 889
  • Price Per Sq Ft: 21.09
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Brick, Stone
  • Flooring: Carpet, Mixed, Wood
  • Total Below Grade Sq Ft: 889
  • Number Of Ranges Ovens: 3

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Street

Utilities

  • Heating Fuel: Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 436.32
  • Annual Fuel Expense: 2124
  • Annual Insurance Expense: 848
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 126.72
  • Annual Water Sewer Expense: 660
  • Number Of W D Hookups: 1

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Jefferson
  • Middle School: Jackson
  • High School: Adams
  • Elementary School: Jefferson

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 55x130
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Green Features

  • Energy Efficient: Insulation
  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Owner Pays: Heating, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 3505.16

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Adams
  • Middle School: Jackson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 12, 2016
Sold by
Eisenhour Alan K
Bought by
Flores Santiago and Flores Alicia C
Seller's Agent
Shelley Marsiliano
Coldwell Banker Real Estate Group
Buyer's Agent
Shelley Marsiliano
Coldwell Banker Real Estate Group
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Total Days on Market
677
Current Estimated Value
$245,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,765
Avg. Annual Appreciation
13.90%
Original Mortgage
$72,750
Interest Rate
3.44%
Mortgage Type
New Conventional

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
Flores Santiago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floores Santiago $94,000
Closed Flores Santiago $72,750
Previous Owner The Estate Of Richard N Eisenhour $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $75,000 -11.8% $21 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
09/08/2014 09/08/14 For Sale $85,000 -- $24 / 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 $1,278 $205,000 $2,200 $202,800
2023 $1,235 $109,400 $2,200 $107,200
2022 $1,257 $210,600 $4,300 $206,300
2021 $1,180 $100,500 $5,500 $95,000
2020 $857 $74,800 $4,100 $70,700
2019 $670 $62,700 $3,400 $59,300
2018 $700 $62,700 $3,400 $59,300
2017 $711 $62,100 $3,400 $58,700
2016 $783 $65,000 $3,400 $61,600
2014 $3,497 $133,800 $3,400 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201439751

Indiana Regional MLS

APN: 71-08-11-279-001.000-026