NOT LISTED FOR SALE

54354 Terrace Ln South Bend, IN 46635

Estimated Value: $165,000 - $198,000

3 Beds
1 Bath
1,276 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $152,500 $120 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,057/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Adams High School Rated A-
  • 1 Car Detached Garage

About This Home

As of June 2023

Multiple offers: please have offers in by 10 am 5/11/2023 with an expiration no earlier than 6 pm. Cape Cod style home in tree-lined Maple Lane neighborhood. 3 bedroom, 1 bath, finished basement. Appliances stay. 1 car garage. Location is a short distance to Notre Dame & key shopping spots. Uncertain if appraiser will count upstairs as a formal bedroom, but it certainly functions like one. Property taxes would be much lower with Homestead Exemption.

Last Agent to Sell the Property

Quinn Thurin

Cressy & Everett - South Bend Listed on: 05/07/2023

Cressy & Everett - South Bend

Last Buyer's Agent

Jarred Moen

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52x153
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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

Community Details

  • Maple Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-04-32-152-002.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,951

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1947
  • Age: 76
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 133 MAPLE LANE
  • Parcel Number ID: 71-04-32-152-002.000-003
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric
  • Cross Street: Bulla
  • Sp Lp Percent: 101.67
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1676
  • Total Finished Sq Ft: 1276
  • Above Grade Finished Sq Ft: 1026
  • Below Grade Finished Sq Ft: 250
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 148.64
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Bedroom 3: Dimensions: 27x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 650

Exterior Features

  • Exterior: Cedar
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x13
  • Garage Sq Ft: 260
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • 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: Wooded
  • Lot Dimensions: 52x153
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 2951
  • Total Assessed Value: 129800

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
Jan 19, 2017
Closed on
Mar 9, 2017
Sold by
Sullivan Timothy M
Bought by
Frese John J and Frese Dolores W
Seller's Agent
Timothy Sullivan
Re/Max County Wide 1st
Buyer's Agent
Timothy Sullivan
Re/Max County Wide 1st
List Price
$87,900
Sold Price
$86,000
Premium/Discount to List
-$1,900
-2.16%
Current Estimated Value
$182,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,099
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Jan 26, 2007
Sold by
Chapleau Michael V and Sullivan Timothy M
Bought by
Sullivan Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,590
Interest Rate
6.28%
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
Frese John J -- --
Sullivan Timothy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Timothy M $57,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $152,500 +1.7% $120 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $150,000 +74.4% $118 / Sq Ft
03/09/2017 03/09/17 Sold $86,000 -2.2% $67 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $87,900 -- $68 / 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 $1,087 $144,600 $37,700 $106,900
2023 $2,951 $129,800 $37,600 $92,200
2022 $2,951 $129,800 $37,600 $92,200
2021 $2,611 $107,000 $8,200 $98,800
2020 $2,368 $96,900 $7,500 $89,400
2019 $1,663 $81,000 $6,200 $74,800
2018 $1,728 $74,400 $5,700 $68,700
2017 $1,815 $77,600 $5,700 $71,900
2016 $339 $62,100 $4,700 $57,400
2014 $305 $61,300 $4,700 $56,600
Source: Public Records

Agents Affiliated with this Home

  • Quinn Thurin

    Seller's Agent in 2023

    Quinn Thurin

    Cressy & Everett - South Bend

    (574) 235-7026

    109 Total Sales

    Quinn Thurin
    Section Image
  • Jarred Moen

    Buyer's Agent in 2023

    Jarred Moen

    eXp Realty, LLC

    (574) 850-9308

    29 Total Sales

    Jarred Moen
    Section Image
  • Timothy Sullivan

    Seller's Agent in 2017

    Timothy Sullivan

    RE/MAX

    (574) 335-9450

    30 Total Sales

    Timothy Sullivan
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202314614

Indiana Regional MLS

APN: 71-04-32-152-002.000-003

Indiana St Joseph County South Bend 46635

54354 Terrace Ln, South Bend, IN

This home is located at 54354 Terrace Ln, South Bend, IN 46635 since 07 May 2023 and is currently estimated at $182,099, approximately $142 per square foot. This property was built in 1947. 54354 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.

Nearby Homes