NOT LISTED FOR SALE
6 Beds
4 Baths
6,882 Sq Ft
8,712 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $144,500 $21 Per Sq Ft

Highlights

  • 0.2 Acre Lot
  • Fenced Yard
  • Level Lot
  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to James R. Sietz Park

About This Home

As of June 2021

100% Occupied Fourplex! Make money from the get go, this building currently pulls in over $2,500/ Month in rent. Packed full of features to make it very desirable for renters. It is full of beautiful original wood work, hardwood floors and 2 Fireplaces! Also possible as a package with 601 South St, South Bend and 412 E 4th st Mishawaka.

Last Listed By

Tyler Glenn

Tiffany Group Real Estate Advisors LLC Listed on: 04/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Fenced Yard
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-08-12-329-010.000-026

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,473
  • Fuel Expense $1,868
  • Insurance Expense $1,000
  • Maintenance Expense $1,260
  • Trash Expense $337
  • Water Sewer Expense $1,229

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,950

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1920
  • Age: 101
  • Style: Two and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 15 & 11 FT N SIDE LOT 14 JODONS SUB OF LOTS 21 & 22 DENNISTON & FELLOWS
  • Parcel Number ID: 71-08-12-329-010.000-026
  • Platted: Yes
  • Amenities: Fenced Yard, Fireplace
  • Sp Lp Percent: 90.31
  • Annual Miscellaneous: 4800
  • Monthly Gross Income: 2685
  • Special Features: None

Interior Features

  • Total Sq Ft: 9176
  • Total Finished Sq Ft: 6882
  • Above Grade Finished Sq Ft: 6882
  • Below Grade Sq Ft: 2294
  • Price Per Sq Ft: 21
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Wood, Vinyl
  • Total Below Grade Sq Ft: 2294
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Stories: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1473
  • Annual Fuel Expense: 1868
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1260
  • Annual Trash Expense: 337
  • Annual Water Sewer Expense: 1229
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 15

Rental Info

  • Lease Term: Month to Month, Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Heating

Tax Info

  • Total Assessed Value: 148200
  • Annual Property Tax: 2950

Multi Family

  • Gross Monthly Rent: 2685
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 4

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
06/03/2021 06/03/21 Sold $144,500 -9.7% $21 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $160,000 +45.5% $23 / Sq Ft
01/16/2018 01/16/18 Sold $110,000 -11.9% $24 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $124,900 -- $27 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202114148

Indiana Regional MLS