NOT LISTED FOR SALE

549 River Ave South Bend, IN 46601

Estimated Value: $113,000 - $568,000

3 Beds
1 Bath
2,247 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $130,900 $58 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,397/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Forced Air Heating System
  • Level Lot

About This Home

As of July 2023

INVESTOR ALERT!!! LOCATION-LOCATION-LOCATION! This gem is tucked away basically downtown, but super close to the river across from The N.D. Crew headquarters. Nice woodwork, Mechanicals and Roof seem good, needs cosmetic for rental, maybe a little more for flip. Basement is dry, Bedrooms are good sized, and Bathroom is huge! Bonus on this one is that there is a door to bathroom from the big bedroom kindof makes it like a mastersuite. Dont miss our (2) open houses on 6-14, and 6-21 from 5-6PM. property is being sold as-is with no contingencies, and a 10% buyer premium will be added to the high bid for contract amount. This will be a Cash sale, with non-refundable $5000 earnest money funds due immediately after close of auction. For additional information or to register to bid, go to: Roushouseauctions.com Dont let this one pass you buy ;)

Last Agent to Sell the Property

Lance Roush

RE/MAX 100 Listed on: 06/10/2023

RE/MAX 100

Last Buyer's Agent

Lance Roush

RE/MAX 100 Listed on: 06/10/2023

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1916

Lot Details

  • 4,920 Sq Ft Lot
  • Lot Dimensions are 40x123
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Elementary School
  • Navarre Middle School
  • Riley High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Edgewater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-08-12-405-025.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 107
  • Style: Two and Half Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 51 EDGEWATER PLACE ADD
  • Parcel Number ID: 71-08-12-405-025.000-026
  • Platted: Yes
  • Cross Street: LWE
  • Grid: 160 St. Joe Co.
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Total Sq Ft: 2996
  • Total Finished Sq Ft: 2247
  • Above Grade Finished Sq Ft: 2247
  • Below Grade Sq Ft: 749
  • Price Per Sq Ft: 58.26
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Fireplace: Living/Great Rm
  • Bedroom 1: Dimensions: 12x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Total Below Grade Sq Ft: 749

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Lincoln
  • Middle School: Navarre
  • High School: Riley
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 40X123
  • Estimated Lot Sq Ft: 4920
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 51

Tax Info

  • Annual Taxes: 815.7

MLS Schools

  • High School: Riley
  • Middle School: Navarre
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 26, 2023
Sold by
Hpp Sb201 Holdings Llc
Bought by
Wilde Daniel
Seller's Agent
Lance Roush
RE/MAX 100
Buyer's Agent
Lance Roush
RE/MAX 100
List Price
$25,000
Sold Price
$130,900
Premium/Discount to List
$105,900
423.6%
Views
176
Current Estimated Value
$257,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,492
Avg. Annual Appreciation
36.37%
Original Mortgage
$123,500
Outstanding Balance
$120,622
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$136,770

Purchase Details

Closed on
Sep 28, 2020
Sold by
Mittiga Maria
Bought by
Hpp Sb201 Holdings Llc

Purchase Details

Closed on
Aug 12, 2009
Sold by
Mccormick James and Mccormick Keri A
Bought by
Mattiga Maria

Purchase Details

Closed on
Feb 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mccormick James E and Mccormick Keri

Purchase Details

Closed on
Dec 18, 2008
Sold by
Spink Thomas J and Spink Suzanne M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 7, 2005
Sold by
Spink Thomas J
Bought by
Spink Thomas J and Spink Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,600
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wilde Daniel -- Metropolitan Title
Hpp Sb201 Holdings Llc -- None Available
Mattiga Maria -- None Available
Mccormick James E -- None Available
Deutsche Bank National Trust Company $55,441 None Available
Spink Thomas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilde Daniel $123,500
Previous Owner Spink Thomas J $86,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $130,900 +423.6% $58 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $25,000 -- $11 / 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 $385 $140,000 $3,500 $136,500
2023 $773 $32,200 $3,500 $28,700
2022 $773 $32,200 $3,500 $28,700
2021 $821 $99,000 $4,500 $94,500
2020 $1,812 $73,700 $3,300 $70,400
2019 $1,479 $71,800 $2,800 $69,000
2018 $1,941 $79,500 $2,800 $76,700
2017 $2,017 $79,100 $2,800 $76,300
2016 $2,059 $79,100 $2,800 $76,300
2014 $2,052 $78,500 $2,800 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202319810

Indiana Regional MLS

APN: 71-08-12-405-025.000-026