NOT LISTED FOR SALE

54287 Terrace Ln South Bend, IN 46635

Estimated Value: $170,000 - $205,000

2 Beds
1 Bath
760 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 25, 2013

Last sale price $47,000 $62 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $1,045/month

98 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Level Lot
  • Adams High School Rated A-

About This Home

As of December 2013

GREAT UPDATED HOME WITH HUGE DECK. NOTHING TO DO BUT MOVE IN! NEW SEPTIC, REFRIGERATOR, STOVE, DISHWASHER, GAS FURNACE, ELECTRIC WATER HEATER, AND KITCHEN CABINETS. CLOSE TO THE UNIVERSITIES AND WALKING SITANCE TO RESTERAUNTS AND SHOPPING. GREAT LOCATION! PARKING LOCATED IN THE FRONT AND THROUGH THE ALLEY IN THE BACK.

Last Agent to Sell the Property

Beth Sargent

RE/MAX 100 Listed on: 08/19/2013

RE/MAX 100

Last Buyer's Agent

Debbie Speth

At Home Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 9,910 Sq Ft Lot
  • Lot Dimensions are 165x60
  • Level Lot

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-105-029.000-003

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Age: 73
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 79 MAPLE LANE
  • Parcel Number ID: 71-04-32-105-029.000-003
  • Platted: Yes
  • Cross Street: douglas
  • Grid: Clay
  • Sp Lp Percent: 94.19
  • Special Features: None

Interior Features

  • Total Sq Ft: 1520
  • Total Finished Sq Ft: 760
  • Above Grade Finished Sq Ft: 760
  • Below Grade Sq Ft: 760
  • Price Per Sq Ft: 61.84
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 9x12, On Level: Main
  • Bedroom 2: On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 760

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Outbuilding1: None

Utilities

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

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Tarkington
  • Middle School: Jefferson
  • High School: Adams

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 165x60
  • Estimated Lot Sq Ft: 9910
  • Estimated Lot Size Acres: 0.2275

Tax Info

  • Annual Taxes: 1300
  • Total Assessed Value: 40500
  • Tax Code: Tax Code 02-Clay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2013
Closed on
Nov 15, 2013
Sold by
Giannone Ibett
Bought by
Nothstine Mark
Seller's Agent
Beth Sargent
RE/MAX 100
Buyer's Agent
Debbie Speth
At Home Realty Group
List Price
$64,500
Sold Price
$47,000
Premium/Discount to List
-$17,500
-27.13%
Current Estimated Value
$180,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,409
Avg. Annual Appreciation
11.13%
Original Mortgage
$46,148
Outstanding Balance
$35,121
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$126,898

Purchase Details

Closed on
Sep 1, 2011
Sold by
Household Finance Corporation Iii
Bought by
Giannone Ibett

Purchase Details

Closed on
Feb 24, 2011
Sold by
St Joseph County Sheriff
Bought by
Household Finance Corp Iii
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
Nothstine Mark -- Metropolitan Title In Llc
Giannone Ibett -- None Available
Household Finance Corp Iii $45,787 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nothstine Mark $46,148
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2013 12/25/13 Sold $47,000 -27.1% $62 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $64,500 -- $85 / 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 $1,002 $138,400 $44,300 $94,100
2023 $1,039 $122,000 $44,300 $77,700
2022 $1,082 $122,000 $44,300 $77,700
2021 $746 $93,000 $9,700 $83,300
2020 $615 $84,500 $8,800 $75,700
2019 $382 $70,700 $7,400 $63,300
2018 $355 $64,700 $6,700 $58,000
2017 $365 $64,000 $6,700 $57,300
2016 $276 $51,500 $5,500 $46,000
2014 $240 $50,700 $5,500 $45,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Beth Sargent

    RE/MAX

    Section Image
  • Debbie Speth

    Buyer's Agent in 2013

    Debbie Speth

    At Home Realty Group

    (574) 286-1671

    71 Total Sales

    Debbie Speth
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 679282

Indiana Regional MLS

APN: 71-04-32-105-029.000-003

Indiana St Joseph County South Bend 46635

54287 Terrace Ln, South Bend, IN

This home is located at 54287 Terrace Ln, South Bend, IN 46635 since 19 August 2013 and is currently estimated at $180,409, approximately $237 per square foot. This property was built in 1941. 54287 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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