NOT LISTED FOR SALE

5512 Colonial Ln South Bend, IN 46614

Estimated Value: $250,741 - $276,000

4 Beds
1.5 Baths
1,724 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $209,000 $121 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,531/month

21 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Put in for comps purposes only.

Last Agent to Sell the Property

Trudy Lynn Thornburg

Milestone Realty, LLC Listed on: 04/01/2022

Co-Listed By

Barb Foster

Milestone Realty, LLC

Last Buyer's Agent

Barb Foster

Milestone Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 102 x 135
  • Irregular Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • 1 Bedroom in Basement
  • Crawl Space

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • South East / Southeast Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-09-31-253-007.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1976
  • Style: Tri-Level
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 46 Portage Realtys Southeast Estates Sec 2
  • Parcel Number ID: 71-09-31-253-007.000-002
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Deck Open, Garage Door Opener, Irrigation System
  • Number Below Grade Bedrooms: 1
  • Special Features: None

Interior Features

  • Total Sq Ft: 2348
  • Total Finished Sq Ft: 1724
  • Above Grade Finished Sq Ft: 1724
  • Below Grade Sq Ft: 624
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 12x10, On Level: Lower
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 624

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage: Yes

Utilities

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

Schools

  • Elementary School: Monroe

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 102 x 135
  • Estimated Lot Sq Ft: 12293
  • Estimated Lot Size Acres: 0.2822
  • Lot Number: 46

Tax Info

  • Annual Taxes: 1542

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 26, 2022
Sold by
Isobel Adamson Revocable Trust
Bought by
Derucki Mitchell D and Derucki Linzy S
Seller's Agent
Trudy Lynn Thornburg
Milestone Realty, LLC
Buyer's Agent
Barb Foster
Milestone Realty, LLC
List Price
$220,000
Sold Price
$209,000
Premium/Discount to List
-$11,000
-5%
Current Estimated Value
$259,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,935
Avg. Annual Appreciation
6.34%
Original Mortgage
$198,550
Outstanding Balance
$188,470
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,465
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derucki Mitchell D $209,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derucki Mitchell D $198,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $209,000 -5.0% $121 / Sq Ft
04/01/2022 04/01/22 For Sale $220,000 -- $128 / 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 $1,974 $198,200 $47,500 $150,700
2023 $1,961 $165,900 $47,500 $118,400
2022 $1,961 $165,900 $47,500 $118,400
2021 $1,585 $132,600 $15,600 $117,000
2020 $1,585 $132,600 $15,600 $117,000
2019 $1,369 $132,600 $15,600 $117,000
2018 $1,596 $134,000 $15,600 $118,400
2017 $1,306 $107,800 $12,800 $95,000
2016 $1,364 $110,500 $12,800 $97,700
2014 $1,266 $105,700 $9,400 $96,300
Source: Public Records

Agents Affiliated with this Home

  • Trudy Lynn Thornburg

    Seller's Agent in 2022

    Trudy Lynn Thornburg

    Milestone Realty, LLC

    (574) 235-3901

    125 Total Sales

    Trudy Lynn Thornburg
    Section Image
  • Barb Foster

    Seller Co-Listing Agent in 2022

    Barb Foster

    Milestone Realty, LLC

    8 Total Sales

    Barb Foster
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202221704

Indiana Regional MLS

APN: 71-09-31-253-007.000-002

Indiana St Joseph County South Bend 46614

5512 Colonial Ln, South Bend, IN

Not Listed for Sale

Detached

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