NOT LISTED FOR SALE

54096 Terrace Ln South Bend, IN 46635

Estimated Value: $174,000 - $197,000

2 Beds
1 Bath
1,080 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $73,750 $68 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,066/month

76 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Bathtub with Shower
  • Adams High School Rated A-
  • Eat-In Kitchen
  • Bungalow

About This Home

As of October 2016

Cute and Clean in Clay Township! Freshly Painted with neutral colors, 2 bedrooms, Hardwood Floors throughout, updated kitchen, New stove/range, Neutral colors, Tree lined street in established neighborhood, Partially finished basement, plenty of storage, fenced yard, patio great for grilling, attached 1 car garage with Opener, NEW Vinyl Siding, convenient to Norte Dame Campus, shopping. Affordable Living, and Ready for you to Unpack.

Last Buyer's Agent

Michelle Rink

Weichert Rltrs-J.Dunfee&Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1949

Lot Details

  • 9,178 Sq Ft Lot
  • Lot Dimensions are 60x153
  • Chain Link Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-102-008.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$369

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 67
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: lot 110 ex tri tr n End & Tri TR N End Lot 111 maple lane
  • Parcel Number ID: 71-04-32-102-008.000-003
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Tub/Shower Combination, Sump Pump
  • Sp Lp Percent: 92.3
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1080
  • Above Grade Finished Sq Ft: 720
  • Below Grade Finished Sq Ft: 360
  • Below Grade Sq Ft: 360
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors, Vinyl
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 9x10, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x15
  • Garage Sq Ft: 300

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Emmons
  • Middle School: Clay
  • High School: Clay

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x153
  • Estimated Lot Sq Ft: 9178
  • Estimated Lot Size Acres: 0.2107
  • Lot Number: 110

Tax Info

  • Annual Taxes: 369
  • Total Assessed Value: 71700
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Oct 7, 2016
Sold by
Kramer David T
Bought by
Loeffler William R
Buyer's Agent
Michelle Rink
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$82,500
Sold Price
$73,750
Premium/Discount to List
-$8,750
-10.61%
Current Estimated Value
$183,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,171
Avg. Annual Appreciation
9.01%
Original Mortgage
$71,186
Outstanding Balance
$59,091
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$99,048

Purchase Details

Closed on
Oct 13, 2007
Sold by
Kramer David T and Kramer Jozette S
Bought by
Kramer David T

Purchase Details

Closed on
Oct 25, 2005
Sold by
Weaver Dale L
Bought by
Kramer David T and Kramer Jozette S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,785
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Loeffler William R -- --
Kramer David T -- None Available
Kramer David T -- Land Grant Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeffler William R $71,186
Previous Owner Kramer David T $68,785
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $73,750 -10.6% $68 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $82,500 -- $76 / 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 $608 $134,300 $31,300 $103,000
2023 $1,211 $91,900 $31,300 $60,600
2022 $966 $134,900 $43,400 $91,500
2021 $816 $97,900 $9,500 $88,400
2020 $674 $88,700 $8,600 $80,100
2019 $433 $78,200 $7,200 $71,000
2018 $373 $71,700 $6,600 $65,100
2017 $389 $71,000 $6,600 $64,400
2016 $408 $73,000 $5,400 $67,600
2014 $369 $71,700 $5,400 $66,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201620206

Indiana Regional MLS

APN: 71-04-32-102-008.000-003