NOT LISTED FOR SALE

54187 Terrace Ln South Bend, IN 46635

Estimated Value: $179,000 - $216,788

3 Beds
2 Baths
1,340 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $50,000 $37 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $1,320/month

73 Days on Market

Highlights

  • Porch
  • Central Air
  • Level Lot
  • Adams High School Rated A-

About This Home

As of March 2014

Newly renovation 3 bedroom, 2 bath home close to Notre Dame. House is move in ready, you will never find another deal like this. Finished basement adds tons of living space. Pond in backyard with a massive storage shed. Information is not guaranteed or warranted. All prospective buyers should verify information independently. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online at www.wellsfargo.com. To report an concerns with a listing broker/agent or to report any property condition or other concern needing escalation, please call 1-877-617-5274.

Last Agent to Sell the Property

Daniel Leroy

MHAR Property Management Listed on: 11/26/2013

Last Buyer's Agent

Christine Simper

McKinnies Realty, LLC

McKinnies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60 x 165
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-105-020.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 74
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 88 MAPLE LANE
  • Parcel Number ID: 71-04-32-105-020.000-003
  • Platted: Yes
  • Amenities: Porch Open
  • Grid: South Bend NE
  • Sp Lp Percent: 98.04
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 100
  • Basement Foundation: Full Basement
  • Bedroom 1: Dimensions: 1x1, On Level: Main
  • Bedroom 2: Dimensions: 1x1, On Level: Main
  • Bedroom 3: Dimensions: 1x1, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Unknown

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Swanson
  • Middle School: Edison
  • High School: Adams

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60 x 165
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 654.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Pennycuff Corey B
Bought by
Thayer James and Thayer Emily
Current Estimated Value
$195,197

Purchase Details

Closed on
Dec 30, 2020
Sold by
Pennycuff Corey B
Bought by
Thayer James and Thayer Emily

Purchase Details

Listed on
Nov 26, 2013
Closed on
Feb 27, 2014
Sold by
Deutsche Bank Natl Trt Co
Bought by
Pennycuff Corey B
Seller's Agent
Daniel Leroy
MHAR Property Management
Buyer's Agent
Christine Simper
McKinnies Realty, LLC
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
Aug 15, 2013
Sold by
St Joseph County Sheriff
Bought by
Deutsche Bank National Trust

Purchase Details

Closed on
Nov 15, 2005
Sold by
Wolford Clinton J and Wolford Dale L
Bought by
Ivory Roderick B and Ivory Jenniter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Wolford Michelle J
Bought by
Wolford Clinton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.13%
Mortgage Type
New Conventional
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
Thayer James -- None Listed On Document
Thayer James -- None Available
Pennycuff Corey B -- Meridian Title
Deutsche Bank National Trust $65,875 --
Ivory Roderick B -- Meridian Title Corp
Wolford Clinton J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ivory Roderick B $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $50,000 -23.1% $37 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $65,000 -- $49 / 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 $3,419 $172,400 $44,300 $128,100
2023 $3,392 $149,200 $44,300 $104,900
2022 $3,392 $149,200 $44,300 $104,900
2021 $2,964 $121,600 $9,700 $111,900
2020 $2,475 $101,200 $8,800 $92,400
2019 $1,738 $84,600 $7,400 $77,200
2018 $447 $78,300 $6,700 $71,600
2017 $438 $76,400 $6,700 $69,700
2016 $1,056 $118,200 $5,500 $112,700
2014 $1,106 $116,900 $5,500 $111,400
2013 $1,050 $117,000 $5,600 $111,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Daniel Leroy

    MHAR Property Management

    (574) 220-3705

    20 Total Sales

    Daniel Leroy
    Section Image
  • Christine Simper

    Buyer's Agent in 2014

    Christine Simper

    McKinnies Realty, LLC

    (574) 876-5106

    254 Total Sales

    Christine Simper
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201318816

Indiana Regional MLS

APN: 71-04-32-105-020.000-003

Indiana St Joseph County South Bend 46635

54187 Terrace Ln, South Bend, IN

This home is located at 54187 Terrace Ln, South Bend, IN 46635 since 26 November 2013 and is currently estimated at $195,197, approximately $145 per square foot. This property was built in 1940. 54187 Terrace Ln is a home located in St. Joseph County with nearby schools including McKinley Elementary School, Edison Middle School, and Adams High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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