NOT LISTED FOR SALE

54409 Fairview Ave South Bend, IN 46628

Estimated Value: $86,000 - $161,000

2 Beds
1 Bath
785 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $21,500 $27 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $671/month

3 Days on Market

Highlights

  • Lake Property
  • Bungalow
  • Ceiling Fan
  • Partially Wooded Lot
  • 1-Story Property
  • Wood Siding

About This Home

As of December 2016

New roof (October 2016) on this summer cottage! What a relaxing, affordable, summer time weekend get-a-way at peaceful and quiet chain o lake! Have your morning coffee sitting outside on your screened porch over looking nature and your private, wooded lot! Lot is over half an acre (.64 acres). This home comes with 14 lots (each lot is 20' x 100'). (Uneven, odd shaped lot) There's room to build another home on 5 adjoining lots (100' x 100') on Norwood or build on to your current home! New septic was installed in 2004. Currently, owners use home only in summer, but can easily be used year round using electric space heaters; or a new heating system can be installed.

Last Agent to Sell the Property

Janessa Traylor

Cressy & Everett - South Bend Listed on: 11/05/2016

Last Buyer's Agent

Karen Lesher

Howard Hanna SB Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.64 Acre Lot
  • Partially Wooded Lot

Parking

  • Dirt Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-02-35-276-020.000-029

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 66
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Long legal on file. 14 lots included
  • Parcel Number ID: 71-02-35-276-020.000-029
  • Platted: Yes
  • Amenities: Ceiling Fan(s)
  • Location: Lake
  • Sp Lp Percent: 79.93
  • Special Features: None

Interior Features

  • Total Sq Ft: 865
  • Total Finished Sq Ft: 785
  • Above Grade Finished Sq Ft: 785
  • Below Grade Sq Ft: 80
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 11x15, On Level: Main
  • Kitchen: Dimensions: 8x19, On Level: Main
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 8x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 80

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Non Ski Lake

Garage/Parking

  • Driveway: Dirt

Utilities

  • Cooling: Wall AC
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Well Type: Private

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Warren
  • Middle School: Dickinson
  • High School: Washington

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 28000
  • Estimated Lot Size Acres: 0.64

Tax Info

  • Annual Taxes: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2018
Sold by
Brooks Fred
Bought by
Brooks Delbert
Current Estimated Value
$121,919

Purchase Details

Listed on
Nov 5, 2016
Closed on
Dec 5, 2016
Sold by
Kerwin Richard J and Kerwin Darlene
Bought by
Brooks Fred
Seller's Agent
Janessa Traylor
Cressy & Everett - South Bend
Buyer's Agent
Karen Lesher
Howard Hanna SB Real Estate
List Price
$26,900
Sold Price
$21,500
Premium/Discount to List
-$5,400
-20.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%
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
Brooks Delbert -- --
Brooks Fred -- --
Brooks Fred -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $21,500 -20.1% $27 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
11/05/2016 11/05/16 For Sale $26,900 -- $34 / 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 $290 $41,800 $17,900 $23,900
2023 $261 $42,000 $17,900 $24,100
2022 $261 $42,000 $17,900 $24,100
2021 $298 $36,400 $8,000 $28,400
2020 $285 $35,500 $7,000 $28,500
2019 $240 $35,200 $8,200 $27,000
2018 $217 $30,600 $7,100 $23,500
2017 $773 $30,500 $7,100 $23,400
2016 $782 $30,500 $7,100 $23,400
2014 $764 $30,100 $7,100 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201651588

Indiana Regional MLS

APN: 71-02-35-276-020.000-029