NOT LISTED FOR SALE

54201 Terrace Ln South Bend, IN 46635

Estimated Value: $197,000 - $232,880

3 Beds
1.5 Baths
1,825 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $65,000 $36 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,457/month

143 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Covered Deck
  • Adams High School Rated A-
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2016

Sweet heart of a home! New Kitchen, newer appliances, 3 car detached garage(new roof on garage), newer furnace , water heater, and water softener. Close to University Park Mall and Notre Dame. This one won't last long.

Last Agent to Sell the Property

Steven Shively

COLLINS and CO. REALTORS - LAKEVILLE Listed on: 05/10/2016

Last Buyer's Agent

Christine Tirotta

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60 x 165
  • Sloped Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

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

  • Covered Deck
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-105-021.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 76
  • 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: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 87 Maple Lane
  • Parcel Number ID: 71-04-32-105-021.000-003
  • Platted: Yes
  • Amenities: Deck Covered, Formal Dining Room
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.78
  • Special Features: None

Interior Features

  • Total Sq Ft: 2545
  • Total Finished Sq Ft: 1825
  • Above Grade Finished Sq Ft: 1825
  • Below Grade Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 9x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 30x24
  • Garage Sq Ft: 720

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: Slope
  • Lot Dimensions: 60 X 165
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Tax Info

  • Annual Taxes: 682
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Nov 15, 2016
Sold by
Perkins Donald E
Bought by
Chung Nien Kuang and Lee Mon Yin
Seller's Agent
Steven Shively
COLLINS and CO. REALTORS - LAKEVILLE
Buyer's Agent
Christine Tirotta
Cressy & Everett - South Bend
List Price
$84,500
Sold Price
$65,000
Premium/Discount to List
-$19,500
-23.08%
Current Estimated Value
$213,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,220
Avg. Annual Appreciation
14.31%
Original Mortgage
$50,000
Outstanding Balance
$40,141
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$173,079

Purchase Details

Closed on
Jul 27, 2009
Sold by
Ryan Laura R
Bought by
Perkins Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,559
Interest Rate
5.43%
Mortgage Type
FHA
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
Chung Nien Kuang -- --
Perkins Donald E -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Nien Kuang $50,000
Previous Owner Perkins Donald E $50,559
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 Sold $65,000 -23.1% $36 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $84,500 -- $46 / 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 $3,906 $186,900 $44,300 $142,600
2023 $3,863 $170,700 $44,300 $126,400
2022 $3,813 $170,700 $44,300 $126,400
2021 $3,490 $144,100 $9,700 $134,400
2020 $3,189 $131,600 $8,800 $122,800
2019 $2,245 $110,100 $7,400 $102,700
2018 $2,353 $102,000 $6,700 $95,300
2017 $2,410 $99,600 $6,700 $92,900
2016 $663 $91,800 $5,500 $86,300
2014 $699 $95,200 $5,500 $89,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steven Shively

    COLLINS and CO. REALTORS - LAKEVILLE

    Section Image
  • Christine Tirotta

    Buyer's Agent in 2016

    Christine Tirotta

    Cressy & Everett - South Bend

    (574) 210-8269

    139 Total Sales

    Christine Tirotta
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201621014

Indiana Regional MLS

APN: 71-04-32-105-021.000-003

Indiana St Joseph County South Bend 46635

54201 Terrace Ln, South Bend, IN

This home is located at 54201 Terrace Ln, South Bend, IN 46635 since 10 May 2016 and is currently estimated at $213,220, approximately $116 per square foot. This property was built in 1940. 54201 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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