$178,500
SOLD NOV 15, 2024
6 Beds
6 Baths
2,480 Sq Ft
7,304 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

4% Below List Price

81 Days on Market

Highlights

  • A-Frame Home
  • Porch
  • Energy-Efficient Appliances
  • Fenced Yard
  • Home Security System
  • ENERGY STAR Qualified Water Heater

About This Home

As of November 2024

Studebaker home originally built for one of the Studebaker families. Classic old woodwork, some stained and some painted over. PROPERTY SOLD "AS IS" in good condition. Centrally located. Very close to everything: schools, universities, shopping, banks etc. Efficiency gas furnace 2000. Gas water heater 2020. Whole house water filter system for the hot water. Electric panel 200 amps. Roof 2004. No leaks. Happy tenants. 24 hours notice needed for tenants. Tenants rights prevail. Do not disturb tenants. This is a serious cash cow of a property. Happy tenants, some longterm 20 years. Owner-occupied or rentals only, this property is a solid structure, which will be an excellent investment for the new buyer. Don't wait around on this one.

Last Agent to Sell the Property

Elizabeth Van Camp

Universal Realty, LLC Brokerage Phone: 574-876-4222

Last Buyer's Agent

Elizabeth Van Camp

Universal Realty, LLC Brokerage Phone: 574-876-4222

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,106

Year Built

  • Built in 1920

Lot Details

  • 7,304 Sq Ft Lot
  • Lot Dimensions are 44x166
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction
  • Home Security System
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Schools

  • Kennedy Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • High-Efficiency Furnace
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, heating, lawn maintenance, tax, trash collection, water
  • Assessor Parcel Number 71-08-13-404-010.000-026

Community Details

Overview

  • 6 Units
  • Studebaker Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,986
  • Fuel Expense $1,895
  • Insurance Expense $2,100
  • Trash Expense $1,904
  • Water Sewer Expense $1,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,106

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1920
  • Age: 104
  • Style: Two Story
  • Architectural Style: A-Frame
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Lot 62 H Studebaker 1st Add
  • Parcel Number ID: 71-08-13-404-010.000-026
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Alarm System-Security, Countertops-Laminate, Porch Open, Water Heater Gas, Washer Hook-Up
  • Cross Street: RUSH
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Parcel Id2: 71-08-13-404-009.000-026
  • Sp Lp Percent: 95.71
  • Monthly Gross Income: 4550
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3720
  • Total Finished Sq Ft: 2480
  • Above Grade Finished Sq Ft: 2480
  • Below Grade Sq Ft: 1240
  • Price Per Sq Ft: 71.98
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1240
  • Number Of Microwaves: 6
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Metal
  • Roof Material: Asphalt
  • Fence: Chain Link, Privacy, Wood
  • Stories: 2

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace
  • Annual Electric: 1986
  • Annual Fuel Expense: 1895
  • Annual Insurance Expense: 2100
  • Annual Trash Expense: 1904
  • Annual Water Sewer Expense: 1120
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Kennedy
  • Middle School: Jackson
  • High School: Riley
  • Elementary School: Kennedy

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44X166
  • Estimated Lot Sq Ft: 7304
  • Estimated Lot Size Acres: 0.17

Green Features

  • Energy Efficient: Appliances, Electrical/Lighting, HVAC, Insulation, Water Heater

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 4550
  • Number Of Dryers: 1
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 6
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2106

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $178,500 -4.3% $72 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $186,500 -- $75 / Sq Ft
Source: Indiana Regional MLS

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 $2,083 $94,100 $2,400 $91,700
2023 $1,848 $93,700 $2,400 $91,300
2022 $1,848 $93,700 $2,400 $91,300
2021 $1,954 $86,000 $2,800 $83,200
2020 $1,393 $99,400 $2,800 $96,600
2019 $1,251 $99,300 $2,700 $96,600
2018 $1,407 $99,300 $2,700 $96,600
2017 $1,191 $98,000 $2,700 $95,300
2016 $2,541 $98,000 $2,700 $95,300
2014 $2,535 $97,000 $2,700 $94,300
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $140,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $178,500 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202415207

Indiana Regional MLS

APN: 71-08-13-404-010.000-026