54437 Terrace Ln South Bend, IN 46635
4
Beds
1
Bath
1,055
Sq Ft
9,900
Sq Ft Lot
Highlights
- Wood Flooring
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Adams High School Rated A-
- Patio
- Ceiling Fan
About This Home
As of December 2024Charming 1 1/2 story home within walking distance to Notre Dame, conveniently located near shopping and restaurants. This cute home features two bedrooms on the main floor and two bedrooms upstairs, plenty of built-in cabinetry and closets, and new flooring on the main floor. The basement gives you plenty of extra space and does not feel like an unfinished basement. Enjoy the large fenced-in backyard, perfect for outdoor activities and relaxation. Previous updates include furnace & A/C (2022), hot water heater (2023), windows (2017), exterior doors (2016), septic system (2012), sump pump (2010), and well pump (2010). Don’t miss out on this delightful property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,107
Year Built
- Built in 1947
Lot Details
- 9,900 Sq Ft Lot
- Lot Dimensions are 60x165
- Property is Fully Fenced
- Chain Link Fence
- Level Lot
Interior Spaces
- 1.5-Story Property
- Ceiling Fan
- Eat-In Kitchen
- Gas Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- 2 Bedrooms in Basement
Outdoor Features
- Patio
Schools
- Darden Primary Center Elementary School
- Jefferson Middle School
- Adams High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit 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 71-04-32-155-010.000-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2024
Closed on
Dec 26, 2024
Sold by
Hawkins Molly
Bought by
Estates By Kate Llc
Seller's Agent
Dave Scholz
Milestone Realty, LLC
Buyer's Agent
Deborah Wolff
Milestone Realty, LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Total Days on Market
81
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45
Avg. Annual Appreciation
-0.79%
Original Mortgage
$138,750
Outstanding Balance
$138,515
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$45,915
Purchase Details
Listed on
Jun 22, 2020
Closed on
Aug 19, 2020
Sold by
Slott Thomas A and Slott Lisa M
Bought by
Hawkins Molly
Seller's Agent
Dave Scholz
Milestone Realty, LLC
Buyer's Agent
Dave Scholz
Milestone Realty, LLC
List Price
$114,900
Sold Price
$122,000
Premium/Discount to List
$7,100
6.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$118,340
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 21, 2016
Closed on
Nov 21, 2016
Sold by
Cichos Paul A and Brown Heather C
Bought by
Slott Thomas A and Slott Lisa M
Seller's Agent
Monica Hyde
Snyder Strategy Realty Inc.
Buyer's Agent
Dave Scholz
Milestone Realty, LLC
List Price
$67,000
Sold Price
$56,000
Premium/Discount to List
-$11,000
-16.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.21%
Map
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Similar Homes in South Bend, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Metropolitan Title | |
| Warranty Deed | $185,000 | Metropolitan Title | |
| Warranty Deed | -- | Metropolitan Title | |
| Warranty Deed | $157,392 | Metropolitan Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,750 | New Conventional | |
| Closed | $138,750 | New Conventional | |
| Previous Owner | $118,340 | New Conventional | |
| Previous Owner | $118,340 | New Conventional | |
| Previous Owner | $41,050 | New Conventional | |
| Previous Owner | $55,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $185,000 | -2.1% | $175 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $189,000 | -3.1% | $179 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $194,999 | -2.0% | $185 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $199,000 | +63.1% | $189 / Sq Ft |
| 08/14/2020 08/14/20 | Sold | $122,000 | +6.2% | $122 / Sq Ft |
| 06/23/2020 06/23/20 | Pending | -- | -- | -- |
| 06/22/2020 06/22/20 | For Sale | $114,900 | +105.2% | $115 / Sq Ft |
| 11/22/2016 11/22/16 | Sold | $56,000 | -16.4% | $56 / Sq Ft |
| 10/31/2016 10/31/16 | Pending | -- | -- | -- |
| 08/21/2016 08/21/16 | For Sale | $67,000 | -- | $67 / Sq Ft |
Source: Indiana Regional MLS
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 | $1,107 | $148,600 | $44,300 | $104,300 |
| 2023 | $1,064 | $129,800 | $44,300 | $85,500 |
| 2022 | $1,154 | $129,800 | $44,300 | $85,500 |
| 2021 | $890 | $101,300 | $9,700 | $91,600 |
| 2020 | $823 | $92,000 | $8,800 | $83,200 |
| 2019 | $1,590 | $77,100 | $7,400 | $69,700 |
| 2018 | $1,644 | $70,700 | $6,700 | $64,000 |
| 2017 | $1,791 | $73,600 | $6,700 | $66,900 |
| 2016 | $325 | $58,300 | $5,500 | $52,800 |
| 2014 | $294 | $57,900 | $5,500 | $52,400 |
Source: Public Records
Source: Indiana Regional MLS
MLS Number: 202434219
APN: 71-04-32-155-010.000-003
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