NOT LISTED FOR SALE

54234 Terrace Ln South Bend, IN 46635

Estimated Value: $163,486 - $170,000

2 Beds
1 Bath
845 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $87,900 $104 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,074/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • 1-Story Property
  • Adams High School Rated A-
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Near ND Campus! Walk to football games! Great location convenient to shopping, restaurants, Toll Road and more! Big yard with patio and privacy fence. Low taxes. Move-in ready. Large eat-in kitchen with tile floors, plenty of cabinets and counter space. All appliances are included. Dinette room with tile floor, ceiling fan and new slider with shades to backyard. Spacious living room with wood floors. Fresh paint throughout. Full bath with walk-in shower. Bedrooms have new carpeting. Full, clean, freshly painted basement. New sump pump. 100 amp electric. New water softener. New (2019) hi-efficiency furnace and central air unit. 4" well. Septic replaced in 2014 and tank was pumped in December 2018. New gutters in 2019. At this price seller is offering a 13 month HWA Home Warranty.

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Listed on: 07/26/2019

McKinnies Realty, LLC

Last Buyer's Agent

Pam Colen

McKinnies Realty, LLC

McKinnies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1941

Lot Details

  • 9,178 Sq Ft Lot
  • Lot Dimensions are 60 x 153
  • Rural Setting
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Property is zoned A1

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Storm Doors
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Schools

  • Mckinley Elementary School
  • Edison Middle School
  • Adams High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 71-04-32-106-008.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Age: 78
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 121 MAPLE LANE
  • Parcel Number ID: 71-04-32-106-008.000-003
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Home Warranty Included, Range/Oven Hook Up Gas, Storm Doors, Stand Up Shower, Sump Pump, Washer Hook-Up
  • Cross Street: Bulla Roady
  • Location: Near College Campus, Rural
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • County Zoning: A1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1550
  • Total Finished Sq Ft: 845
  • Above Grade Finished Sq Ft: 845
  • Below Grade Sq Ft: 705
  • Price Per Sq Ft: 104.02
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 13x9, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 705

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Privacy, Wood

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Well Size: 4 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 60 X 153
  • Estimated Lot Sq Ft: 9178
  • Estimated Lot Size Acres: 0.2107
  • Lot Number: 121

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 1355
  • Total Assessed Value: 59800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 10, 2019
Sold by
Keen Sr Charles R
Bought by
Johnston Michael Edward and Johnston Kristi Lynn
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Pam Colen
McKinnies Realty, LLC
List Price
$87,900
Sold Price
$87,900
Current Estimated Value
$165,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,722
Avg. Annual Appreciation
10.75%
Original Mortgage
$70,320
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Johnston Michael Edward -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Michael Edward $71,500
Closed Johnston Michael Edward $70,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $87,900 0.0% $104 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $87,900 -- $104 / 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 $2,081 $132,600 $43,400 $89,200
2023 $2,033 $114,800 $43,400 $71,400
2022 $2,043 $114,800 $43,400 $71,400
2021 $2,115 $86,100 $9,500 $76,600
2020 $1,920 $78,000 $8,600 $69,400
2019 $1,397 $65,300 $7,200 $58,100
2018 $1,397 $59,800 $6,600 $53,200
2017 $1,453 $59,200 $6,600 $52,600
2016 $1,171 $39,900 $5,400 $34,500
2014 $999 $39,600 $5,400 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201932097

Indiana Regional MLS

APN: 71-04-32-106-008.000-003