$6,300,000
NEW CONSTRUCTION $2M PRICE INCREASE

53438 Olive Rd South Bend, IN 46628

Estimated payment $33,444/month

Total Views 23,891
85.5 Acres
$73,684 Price per Acre
3,724,380 Sq Ft Lot

Highlights

  • 85.5 Acre Lot
  • Agricultural
  • Home to be built

About This Lot

These 5 parcels being listed together total 85.5 acres in an incredible location! Great potential for a developer with incredible visibility along US-31 Bypass and just minutes to 80/90 Toll Road interchange, US 31 Bypass, Nimtz Parkway, the Michigan State line and South Bend International Airport. Seller will cooperate with rezoning to buyer's preferred use as this land is currently surrounded by light industrial and manufacturing. Burgeoning area of logistic based businesses. Water and sewer at road. Site is divisible. Seller can build to suit and lease back. Broker Owned.

Listing Agent

Steve Cooreman

Irish Realty Brokerage Email: STEVE@COOREMAN.COM Listed on: 08/04/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,876

Lot Details

  • 85.5 Acre Lot
  • Lot Dimensions are 2482 x 1500
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Home Design

  • Home to be built

Schools

  • Warren Elementary School
  • Dickinson Middle School
  • Washington High School

Additional Features

  • Agricultural
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-03-30-176-004.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$2,876

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Industrial Land
  • Legal Description: S End E Nw Ex strip off frontage 30 38 2e 9.403 Ac WD #6710 9-17-10 Tr 11 S 1/2 N Se Nw Ex strip off frontage 30 38 2e 9.403 Ac Split 11-12 to city for road WD #6773 9-21-10 Tr 10 Ex W 80'+- N End SE NW Sec 30-38-2E 9.398 Ac +- 11/12 split to City of SB Board of Public Works 6774WD 9-21-10 S End E Nw Ex strip off frontage 30 38 2e 9.403 Ac WD #6710 9-17-10 N 1/2 Se W Of South Bend Bypass Sec 30
  • Parcel Number ID: 71-03-30-176-004.000-008
  • Platted: Yes
  • Parcel Id2: 71-03-30-176-002.000-008
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Corner, Level, Partially Wooded, Undeveloped, 15+
  • Parcel Id3: 71-03-30-176-001.000-008
  • Can Be Subdivided: Yes
  • Options: Sell Entirely, Will Divide, Will Build to Suit
  • Side Of Road: East
  • Type Use: Agriculture, Industrial
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Available

Schools

  • Elementary School: Warren

Lot Info

  • Lot Dimensions: 2482 x 1500
  • Estimated Lot Sq Ft: 3724380
  • Estimated Lot Size Acres: 85.5
  • Easements: Yes

Tax Info

  • Annual Taxes: 2876

MLS Schools

  • High School: Washington
  • Middle School: Dickinson
  • School District: South Bend Community School Corp.

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $214 $11,400 $11,400 --
2023 $170 $9,500 $9,500 $0
2022 $170 $7,500 $7,500 $0
2021 $156 $6,500 $6,400 $100
2020 $156 $6,500 $6,400 $100
2019 $158 $7,900 $7,800 $100
2018 $452 $20,100 $20,000 $100
2017 $484 $20,500 $20,400 $100
2016 $502 $20,700 $20,600 $100
2014 $527 $20,900 $20,800 $100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Price Changed $6,300,000 +33.3% --
08/04/2022 08/04/22 For Sale $4,727,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Quit Claim Deed -- --
Warranty Deed $76,915 None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202232425

Indiana Regional MLS

APN: 71-03-30-176-004.000-008