NOT LISTED FOR SALE

53712 Terre Verde Hills Ct Unit 42 South Bend, IN 46628

Estimated Value: $66,257

0.28 Acre
$236,632 Price per Acre
12,197 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $5,500

Est. 1,105% increase in value since last sale

Current estimated payment $350/month

226 Days on Market

About This Lot

As of May 2015

BUILDABLE LOTS ON CITY WATER AND CITY SEWER. MINIMUM BUILDING RESTRICTIONS NEED TO BE MET AND ARE LISTED IN THE PROPERTIES RESTRICTIONS AND COVENANTS. TERRE VERDE IS CONVENIENTLY LOCATED OFF OF THE U.S. 20 BYPASS, TOLL ROAD, NEW CARLISLE AND SOUTH BEND.

Last Agent to Sell the Property

Barry Skalski

Michiana Realty LLC Listed on: 10/14/2014

Co-Listed By

Jennifer Lillie

Cressy & Everett - South Bend

Last Buyer's Agent

Steve Cooreman

Irish Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 146x82
  • Property fronts a state road
  • Finished Lot(s)

Schools

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

Utilities

  • Heating System Uses Gas

Community Details

  • Terre Verde Subdivision
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 71-02-25-451-029.000-029

Property Details

Property Type

Land

Est. Annual Taxes

$27

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 42 TERRE VERDE HILLS SEC 1 |
  • Parcel Number ID: 71-02-25-451-029.000-029
  • Platted: Yes
  • Grid: Warren
  • Location: City
  • Road Access: State
  • Road Surface: Paved
  • State Id: 21-1037-061223
  • Zoning Description: RES
  • Parcel Description: Level, Partially Wooded
  • Restrictions: Building Restrictions, SqFt Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: RealEstateOwned

Exterior Features

  • Road Frontage: County

Utilities

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

Schools

  • Elementary School: Warren

Lot Info

  • Lot Dimensions: 146x82
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 42

Tax Info

  • Annual Taxes: 25.44
  • Tax Code: Tax Code 21-Warren

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Irish Rentals Llc
Bought by
Jubilee Builders And Remodeling Inc
Current Estimated Value
$66,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$181,772
Interest Rate
5.94%
Mortgage Type
Construction
Estimated Equity
-$115,515

Purchase Details

Listed on
Oct 14, 2014
Closed on
May 29, 2015
Sold by
1St Source Bank
Bought by
Irish Rentals Llc
Seller's Agent
Barry Skalski
Michiana Realty LLC
Buyer's Agent
Steve Cooreman
Irish Realty
List Price
$12,500
Sold Price
$5,500
Premium/Discount to List
-$7,000
-56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Jubilee Builders And Remodeling Inc -- Metropolitan Title
Irish Rentals Llc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jubilee Builders And Remodeling Inc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $5,500 -56.0% --
05/28/2015 05/28/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $12,500 -- --
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 $27 $800 $800 --
2023 $20 $800 $800 $0
2022 $20 $800 $800 $0
2021 $36 $1,100 $1,100 $0
2020 $36 $1,100 $1,100 $0
2019 $25 $1,100 $1,100 $0
2018 $25 $1,100 $1,100 $0
2017 $26 $1,100 $1,100 $0
2016 $27 $1,100 $1,100 $0
2014 $28 $1,100 $1,100 $0
2013 $28 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201445789

Indiana Regional MLS

APN: 71-02-25-451-029.000-029