$87,500
SOLD AUG 30, 2013

54323 Terrace Ln South Bend, IN 46635

3 Beds
1 Bath
1,870 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

18% Below List Price

7 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Adams High School Rated A-
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of September 2018

THIS CHARMING, UPDATED HOME W/IN WALKING DISTANCE OF ND IS PERFECT FOR FOR FAMILY OR FOR ND RENTAL. TAXES WILL BE $372/YR. W/EXEMPTIONS. IMMACULATE, UPDATED, W/HARDWOOD FLOORING THRUOUT & NEW TILED KITCHEN, BATHROOM, & ENTRYWAY. THIS HOME IS VERY SPACIOUS W/OPEN FLOOR PLAN, & YOU MUST SEE HOW LARGE THIS KITCHEN & EATING AREA IS! UPSTAIRS HAS BONUS ROOM WHICH COULD BE NURSERY OR OFFICE. FRESHLY PAINTED IN NEUTRAL COLORS, & NICE 2" SLAT BLINDS THROUGHOUT. BASEMENT HAS A LARGE FINISHEDROOM FOR FAMILY& ENTERTAINING. PRIVATE FENCED BACKYARD & OVERSIZED GARAGE HAS BUILT-IN WORKBENCH & CABINETS. Less than 1 Acre

Last Agent to Sell the Property

Julia Robbins

RE/MAX 100 Listed on: 07/29/2013

RE/MAX 100

Last Buyer's Agent

Aaron Cowham

Howard Hanna SB Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1946

Lot Details

  • Lot Dimensions are 110x52
  • Property is Fully Fenced
  • Level Lot
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

  • Maple Lane Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-2074-3385

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 75 EX 55 FT W END MAPLE LANE |
  • Parcel Number ID: 02-2074-3385
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Cable Available, Ceiling Fan(s), Eat-In Kitchen, Home Warranty Included
  • Grid: Clay
  • Sp Lp Percent: 0.98
  • State Id: 02-2074-3385
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1870
  • Total Finished Sq Ft: 1870
  • Above Grade Finished Sq Ft: 1370
  • Below Grade Finished Sq Ft: 500
  • Price Per Sq Ft: 63.87
  • Basement: Yes
  • Basement Foundation: Finished
  • Flooring: Hardwood Floors, Tile
  • Kitchen: On Level: Main
  • Family Room: On Level: Basement
  • Den: On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Fence: Full

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Sq Ft: 384
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well

Schools

  • School District: South Bend Community School Corp.

Lot Info

  • Lot Description: Level, Partially Wooded, 0-2.9999
  • Lot Dimensions: 110x52

Tax Info

  • Annual Taxes: 1754
  • Total Assessed Value: 76600
  • Tax Code: Tax Code 02-Clay

MLS Schools

  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2024
Sold by
Pawlak Margaret I S and Pawlak Margaret Schmitt
Bought by
Pawlak Jason S and Pawlak Margaret I
Current Estimated Value
$223,949

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 19, 2018
Sold by
Vande Kolk Bryant J
Bought by
Schmitt Margaret
Seller's Agent
Sheli Naumann
At Home Realty Group
Buyer's Agent
Diane Bennett
Inspired Homes Indiana
List Price
$122,900
Sold Price
$123,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$110,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 14, 2018
Sold by
Kolk Bryant J Vande and Mahserejian Shant M
Bought by
Schmidt Margaret
Seller's Agent
Sheli Naumann
At Home Realty Group
Buyer's Agent
Diane Bennett
Inspired Homes Indiana
List Price
$122,900
Sold Price
$123,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2013
Closed on
Aug 28, 2013
Sold by
Leo Kevin and Leo Angela
Bought by
Vande Kolk Bryant J and Mahserejian Shant M
Seller's Agent
Julia Robbins
RE/MAX 100
Buyer's Agent
Aaron Cowham
Howard Hanna SB Real Estate
List Price
$106,900
Sold Price
$87,500
Premium/Discount to List
-$19,400
-18.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$70,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Rothlisberger John D and Rothlisberger Emily A
Bought by
Leo Kevin and Leo Angela
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Metropolitan Title
Warranty Deed -- Metropolitan Title
Warranty Deed -- Meridian Title
Warranty Deed -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,700 New Conventional
Previous Owner $110,700 New Conventional
Previous Owner $70,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $123,000 +0.1% $62 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $122,900 +40.5% $62 / Sq Ft
08/30/2013 08/30/13 Sold $87,500 -18.1% $47 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $106,900 -- $57 / 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 $1,392 $169,000 $33,300 $135,700
2023 $1,349 $153,700 $33,300 $120,400
2022 $1,543 $153,700 $33,300 $120,400
2021 $1,460 $134,100 $7,300 $126,800
2020 $1,267 $121,500 $6,600 $114,900
2019 $806 $101,600 $5,500 $96,100
2018 $640 $93,200 $5,100 $88,100
2017 $653 $92,000 $5,100 $86,900
2016 $635 $88,800 $4,200 $84,600
2014 $726 $97,000 $4,200 $92,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 680139

Indiana Regional MLS

APN: 71-04-32-151-012.000-003