NOT LISTED FOR SALE

55196 Melrose Ave South Bend, IN 46628

Estimated Value: $106,000 - $121,000

2 Beds
1 Bath
912 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $21,600 $24 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $698/month

24 Days on Market

Highlights

  • Formal Dining Room
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2012

WONDERFUL STARTER HOME OR INVESTMENT OPPERTUNITY!!!! NEWER ROOF! FIREPLACE AND 1ST FLOOR LAUNDRY! THIS HOME IS PRICED TO SELL FAST!!!! PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 (AADENDUM FOR FANNIE MAE)AND IS NOT ELIGIBLE FOR THE FANNIE MAE HOME PATH PROGRAM.

Last Agent to Sell the Property

John Tiffany

Tiffany Group Real Estate Advisors LLC Listed on: 01/29/2012

Last Buyer's Agent

Jo Ann Bickel

Milestone Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $952

Year Built

  • Built in 1941

Lot Details

  • 9,714

Parking

  • 2 Car Detached Garage

Home Design

  • Cedar

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 131x74

Listing and Financial Details

  • Assessor Parcel Number 17-1052-1909

Home Details

Home Type

Single Family

Est. Annual Taxes

$952

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: lt 19 & 30'w SIDE LT 22 SCHOOLWOOD
  • Parcel Number ID: 17-1052-1909
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Porch Enclosed, Formal Dining Room, Main Floor Laundry
  • Grid: Portage
  • Sp Lp Percent: 1.35
  • State Id: 17-1052-1909
  • Special Features: None

Interior Features

  • Total Sq Ft: 912
  • Total Finished Sq Ft: 912
  • Above Grade Finished Sq Ft: 912
  • Price Per Sq Ft: 23.68
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Fireplace: Wood Burning
  • Flooring: Carpet, Vinyl
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Cedar

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

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

Schools

  • School District: South Bend Community School Corp.

Lot Info

  • Lot Dimensions: 131x74

Tax Info

  • Annual Taxes: 5.65
  • Total Assessed Value: 47800
  • Tax Code: Tax Code 17-Portage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2012
Closed on
Apr 9, 2012
Sold by
Federal National Mortgage Association
Bought by
Doerscher Lonnie
Seller's Agent
John Tiffany
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Jo Ann Bickel
Milestone Realty, LLC
List Price
$69,900
Sold Price
$21,600
Premium/Discount to List
-$48,300
-69.1%
Current Estimated Value
$113,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,906
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Copelin John C and Copelin Maxine D
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 4, 2005
Sold by
Copelin John C and Copelin Maxine D
Bought by
Copelin C Douglas C and Copelin Judy K
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
Doerscher Lonnie $21,600 Prism Title & Closing Servic
Federal National Mortgage Association $50,000 None Available
Copelin C Douglas C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Copllin John C $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $21,600 -69.1% $24 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
01/29/2012 01/29/12 For Sale $69,900 -- $77 / 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 $952 $62,600 $12,700 $49,900
2023 $915 $38,100 $12,700 $25,400
2022 $915 $38,100 $12,700 $25,400
2021 $909 $36,000 $12,700 $23,300
2020 $1,066 $42,500 $11,300 $31,200
2019 $909 $43,200 $11,500 $31,700
2018 $944 $39,400 $10,400 $29,000
2017 $851 $32,700 $8,800 $23,900
2016 $873 $33,100 $8,800 $24,300
2014 $827 $53,500 $8,800 $44,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Tiffany

    Tiffany Group Real Estate Advisors LLC

  • Jo Ann Bickel

    Buyer's Agent in 2012

    Jo Ann Bickel

    Milestone Realty, LLC

    42 Total Sales

    Jo Ann Bickel
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Map

Source: Indiana Regional MLS

MLS Number: 626816

Indiana Regional MLS

APN: 71-08-05-228-008.000-025

Indiana St Joseph County South Bend 46628

55196 Melrose Ave, South Bend, IN

This home is located at 55196 Melrose Ave, South Bend, IN 46628 since 29 January 2012 and is currently estimated at $113,506, approximately $124 per square foot. This property was built in 1941. 55196 Melrose Ave is a home located in St. Joseph County with nearby schools including Warren Elementary School, Dickinson Fine Arts Academy, and Washington 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.

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