$56,000
SOLD OCT 16, 2017

54161 Terrace Ln South Bend, IN 46635

3 Beds
1 Bath
1,448 Sq Ft
9,901 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

20% Below List Price

60 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Enclosed patio or porch
  • Adams High School Rated A-
  • Formal Dining Room
  • Bathtub with Shower

About This Home

As of July 2024

1.5 story style home located in the county yet still convenient to everything. This home has a kitchen, formal dining room, living room with fireplace, 2 bedrooms, and 1 full bath on the main level. Upper level is a finished attic and has a large 3rd bedroom. Full basement. Attached garage was turned into a porch type area, could be turned back into a 1 car garage or finished for additional living space.

Last Agent to Sell the Property

Deanna Wilcox

Realty Experts LLC Listed on: 08/07/2017

Realty Experts LLC

Last Buyer's Agent

Judy Wood

RE/MAX Oak Crest - Elkhart

RE/MAX Oak Crest - Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1940

Lot Details

  • 9,901 Sq Ft Lot
  • Lot Dimensions are 60x165
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-105-018.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 77
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 90 MAPLE LANE
  • Parcel Number ID: 71-04-32-105-018.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate, Porch Enclosed, Tub/Shower Combination, Formal Dining Room
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.49
  • Special Features: None

Interior Features

  • Total Sq Ft: 2402
  • Total Finished Sq Ft: 1448
  • Above Grade Finished Sq Ft: 1448
  • Below Grade Sq Ft: 954
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 11x23, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 954

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Well Type: Private

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Darden Primary Center
  • Middle School: Clay
  • High School: Clay

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x165
  • Estimated Lot Sq Ft: 9901
  • Estimated Lot Size Acres: 0.2273

Tax Info

  • Annual Taxes: 515
  • Total Assessed Value: 80500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jul 9, 2024
Sold by
Neri Christopher and Neri Shelly
Bought by
Moutran Aurelie
Seller's Agent
Tommy Kraemer
Coldwell Banker Real Estate Group
Buyer's Agent
Wayne Birkey
Cressy & Everett - South Bend
List Price
$215,000
Sold Price
$210,150
Premium/Discount to List
-$4,850
-2.26%
Views
50
Current Estimated Value
$216,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,417
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Aug 4, 2020
Sold by
Rogers Iii Robert D
Bought by
Neri Christopher and Neri Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,175
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2018
Sold by
Rogers Robert D and Rogers Jessica
Bought by
Rogers Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2018
Sold by
Rogers Robert D and Rogers Jessica
Bought by
Rogers Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 12, 2017
Sold by
Residential Credit Oppurtuntie
Bought by
Rogers Ronert D and Rogers Jessica
Seller's Agent
Deanna Wilcox
Realty Experts LLC
Buyer's Agent
Judy Wood
RE/MAX Oak Crest - Elkhart
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.90%

Purchase Details

Closed on
Jun 15, 2017
Sold by
St Joseph County Sheriff
Bought by
Residential Credit Opportunities
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $143,640 Metropolitan Title
Warranty Deed -- Metropolitan Title
Deed $56,000 --
Sheriffs Deed $60,000 --
Warranty Deed $175,792 Drake Andrew R
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,175 New Conventional
Previous Owner $108,000 New Conventional
Previous Owner $108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $210,150 -2.3% $145 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $215,000 +283.9% $148 / Sq Ft
10/16/2017 10/16/17 Sold $56,000 -19.9% $39 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $69,900 -- $48 / 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 $3,551 $180,100 $44,300 $135,800
2023 $3,508 $155,000 $44,300 $110,700
2022 $3,524 $155,000 $44,300 $110,700
2021 $3,122 $128,200 $9,700 $118,500
2020 $1,117 $116,200 $8,800 $107,400
2019 $692 $97,300 $7,400 $89,900
2018 $672 $90,300 $6,700 $83,600
2017 $601 $87,900 $6,700 $81,200
2016 $515 $80,500 $5,500 $75,000
2014 $463 $79,600 $5,500 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201736346

Indiana Regional MLS

APN: 71-04-32-105-018.000-003