NOT LISTED FOR SALE

5405 Royal St South Bend, IN 46614

Estimated Value: $364,063 - $385,000

4 Beds
3 Baths
2,390 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $310,000 $130 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,248/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Backs to Open Ground
  • Meadow's Edge Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2021

You'll have to move quickly if you want to be the new owner of this spacious and well-maintained ranch home with a fantastic southside location and PHM schools! A beautifully manicured and landscaped yard guides you into the home's foyer entry boasting gorgeous hardwood floors that carry you into the open concept great room. Featuring vaulted ceilings, this great room offers you a cozy living room with a gas fireplace and leads you into the dining room and gourmet kitchen making it the perfect place to host any social gatherings. Enjoy cooking in the spacious kitchen boasting an ample amount of cabinetry, custom tile backsplash, island with breakfast bar seating, and a full stainless appliance package. This split bedroom floorplan provides you with a large master suite including an oversized walk-in closet and a private bath with a twin sink vanity and tile surround tub. Need more space? Don't miss out on the partially finished lower level featuring a fourth bedroom, full bath, space for a home office, and entertainment room! Other notable features include a home security system, and a large rear patio that overlooks the expansive and fully fenced-in rear yard plus a two-car garage! There is absolutely nothing left for you to do except move in! So don't wait - schedule your showing today!

Last Agent to Sell the Property

Steve Smith

Irish Realty Listed on: 09/07/2021

Co-Listed By

Blake Hitchcock

Irish Realty

Last Buyer's Agent

Jennifer Kerrn

Keller Williams Realty Group

Keller Williams Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 2015

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60x187
  • Backs to Open Ground
  • Property is Fully Fenced
  • Vinyl Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Prewired Security

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry on main level
  • Washer Hookup

Partially Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Patio

Schools

  • Meadows Edge Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-32-126-055.000-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,568

Year Built

Built in 2015

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2015
  • Age: 6
  • Style: One Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 3 CRESCENT OAKS SEC 1A RP10458 12-12-08 09/10
  • Parcel Number ID: 71-09-32-126-055.000-033
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceilings-Vaulted, Closet(s) Walk-in, Foyer Entry, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Twin Sink Vanity, Wiring-Security System, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100.03
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2988
  • Total Finished Sq Ft: 2390
  • Above Grade Finished Sq Ft: 1494
  • Below Grade Finished Sq Ft: 896
  • Below Grade Sq Ft: 598
  • Price Per Sq Ft: 207.5
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Bedroom 1: Dimensions: 13x18, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 11x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1494

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None
  • Fence: Full, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x24
  • Garage Sq Ft: 504
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Cable Company: Dish Network

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Meadows Edge
  • Middle School: Grissom
  • High School: Penn
  • Elementary School: Meadows Edge

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 60x187
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27
  • Lot Number: 3

Tax Info

  • Annual Taxes: 2568
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 12, 2021
Sold by
Aldridge Garrick
Bought by
Schemenauer Stephen August and Schemenauer Megan Ann
Seller's Agent
Steve Smith
Irish Realty
Buyer's Agent
Jennifer Kerrn
Keller Williams Realty Group
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$374,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,516
Avg. Annual Appreciation
4.83%
Original Mortgage
$318,052
Outstanding Balance
$290,034
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$84,482

Purchase Details

Closed on
Jun 12, 2020
Sold by
Aldridge Garrick
Bought by
Aldridge Garrick M and Aldridge Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2020
Sold by
Aldridge and Ashley
Bought by
Joint Self Trust

Purchase Details

Closed on
Jan 29, 2020
Sold by
Aldridge Garrick and Aldridge Ashley
Bought by
Aldridge Garrick and Ashley Aldridge

Purchase Details

Listed on
Feb 3, 2017
Closed on
Apr 28, 2017
Sold by
Jones John A and Jones Abby E
Bought by
Aldridge Garrick M and Aldridge Ashley M
Seller's Agent
Jan Lazzara
RE/MAX 100
Buyer's Agent
Steve Smith
Irish Realty
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$237,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2015
Sold by
Kline Custom Homes Inc
Bought by
Jones John A and Jones Abby E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,100
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2015
Sold by
Tampico Development Llc
Bought by
Kline Custom Homes Inc
Source: Public Records

Range of Values:

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Average Value
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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
Schemenauer Stephen August $620,000 None Available
Aldridge Garrick M -- None Available
Joint Self Trust -- --
Aldridge Garrick -- None Available
Aldridge Garrick M -- --
Jones John A -- Fidelity National Title
Kline Custom Homes Inc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schemenauer Stephen August $318,052
Previous Owner Aldridge Garrick M $228,000
Previous Owner Aldridge Garrick M $237,500
Previous Owner Jones John A $201,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $310,000 0.0% $130 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $309,900 +24.0% $130 / Sq Ft
04/28/2017 04/28/17 Sold $250,000 +6.4% $91 / Sq Ft View Prior Sale
02/04/2017 02/04/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $235,000 -- $85 / 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 $3,042 $293,200 $99,300 $193,900
2023 $2,999 $299,900 $99,300 $200,600
2022 $3,064 $356,500 $99,300 $257,200
2021 $2,688 $264,500 $31,400 $233,100
2020 $2,568 $252,500 $29,700 $222,800
2019 $2,251 $240,200 $28,000 $212,200
2018 $1,678 $219,500 $32,500 $187,000
2017 $1,627 $216,500 $32,500 $184,000
2016 $600 $184,200 $32,500 $151,700
2014 $14 $600 $600 $0
2013 $12 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202137365

Indiana Regional MLS

APN: 71-09-32-126-055.000-033