NOT LISTED FOR SALE

54252 Ironwood Rd South Bend, IN 46635

Estimated Value: $158,000 - $188,000

2 Beds
1 Bath
1,314 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $70,000 $53 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $975/month

13 Days on Market

Highlights

  • Wood Flooring
  • Utility Room in Garage
  • Bungalow
  • Adams High School Rated A-
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of May 2018

ATTENTION INVESTORS!! Less than 1 mile from campus. Very cute 2 bedroom, 1 bath home with hardwood floors in family room and both bedrooms. Home features a newly renovated basement with a family room on one side and a laundry room and storage area on the other. The large privacy fenced yard has plenty of room to host those football parties! Many recent big improvements include a new roof (2017), all new windows (except kitchen) (2017), new garage door and opener (2017), electrical updated to code (100 amp) (2017), new exterior paint (2016), new well pump (2014), chimney repair and new cap (2017). Washer/dryer included. Being sold “as-is”, but Seller agrees to replace kitchen bay window and septic tank with full price offer.

Last Agent to Sell the Property

Michelle Rink

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 03/28/2018

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Rosie Michiaels

McColly Real Estate

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1942

Lot Details

  • 9,662 Sq Ft Lot
  • Lot Dimensions are 61 x 157
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Utility Room in Garage

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

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

Utilities

  • Hot Water Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-105-012.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1942
  • Age: 76
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 23 MAPLE LANE |
  • Parcel Number ID: 71-04-32-105-012.000-003
  • Platted: Yes
  • Amenities: Garage Door Opener, Garage Utilities
  • Cross Street: Bulla
  • Location: Near College Campus
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1672
  • Total Finished Sq Ft: 1314
  • Above Grade Finished Sq Ft: 908
  • Below Grade Finished Sq Ft: 406
  • Below Grade Sq Ft: 358
  • Price Per Sq Ft: 77.09
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Laminate
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 764

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Full, Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x16
  • Garage Sq Ft: 320
  • Garage: Yes

Utilities

  • Heating Fuel: Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 61 x 157
  • Estimated Lot Sq Ft: 9662
  • Estimated Lot Size Acres: 0.22
  • Lot Number: 23

Tax Info

  • Annual Taxes: 1490
  • Total Assessed Value: 50100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 22, 2018
Sold by
Leon S Albrecht Revocable Trust
Bought by
Luse Jason A
Seller's Agent
Michelle Rink
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Rosie Michiaels
McColly Real Estate
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$171,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,970
Avg. Annual Appreciation
12.95%
Original Mortgage
$67,900
Outstanding Balance
$58,464
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$113,506

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 18, 2018
Sold by
Trt Leon S Albrecht
Bought by
Luse Jason A
Seller's Agent
Michelle Rink
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Rosie Michiaels
McColly Real Estate
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Outstanding Balance
$58,464
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$113,506

Purchase Details

Closed on
Jul 25, 2014
Sold by
Albrecht Leon S and Albrecht Rebecca S
Bought by
Albrecht Trust

Purchase Details

Listed on
Apr 13, 2013
Closed on
Apr 20, 2014
Sold by
Seger Brian J
Bought by
Albrecht Leon S and Albrecht Rebecca S
Seller's Agent
Norma Miller
Cressy & Everett - South Bend
Buyer's Agent
Norma Miller
Cressy & Everett - South Bend
List Price
$69,900
Sold Price
$42,500
Premium/Discount to List
-$27,400
-39.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Hesch Kurt M
Bought by
Seger Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
5.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Luse Jason A $90,307 None Listed On Document
Luse Jason A -- --
Albrecht Trust -- --
Albrecht Leon S $42,500 --
Albrechi Leon S -- Meridian Title
Seger Brian J -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luse Jason A $67,900
Closed Luse Jason A $67,900
Previous Owner Seger Brian J $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $70,000 0.0% $53 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $70,000 +64.7% $53 / Sq Ft
04/21/2014 04/21/14 Sold $42,500 -39.2% $32 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
04/13/2013 04/13/13 For Sale $69,900 -- $53 / 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 $755 $113,000 $44,300 $68,700
2023 $712 $103,800 $44,300 $59,500
2022 $769 $103,800 $44,300 $59,500
2021 $435 $73,200 $9,700 $63,500
2020 $508 $66,200 $8,800 $57,400
2019 $360 $55,400 $7,400 $48,000
2018 $402 $50,800 $6,700 $44,100
2017 $1,154 $50,100 $6,700 $43,400
2016 $1,490 $63,300 $5,500 $57,800
2014 $390 $62,400 $5,500 $56,900
2013 $396 $62,500 $5,600 $56,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201811750

Indiana Regional MLS

APN: 71-04-32-105-012.000-003