NOT LISTED FOR SALE

55207 Melrose Ave South Bend, IN 46628

Estimated Value: $87,000 - $113,994

2 Beds
1 Bath
1,232 Sq Ft
$80/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $19,000 $15 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $622/month

4 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of August 2017

Cute and affordable! This is a great opportunity to own your own home that's cheaper than rent & just out of the city, but close to schools, shopping, and bypass. Well and roof are approximately 5 years old. Newer vinyl siding and windows too! Full basement. Newer oak kitchen cabinets. A little bit of cosmetic work will make a great & affordable home. Personal items left at property to stay. Sizes, taxes, schools to be verified by buyer. Easy to show.

Last Agent to Sell the Property

Debbie Speth

At Home Realty Group Listed on: 03/31/2017

Last Buyer's Agent

Jo Ann Bickel

Milestone Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112

Year Built

  • Built in 1926

Lot Details

  • 5,763 Sq Ft Lot
  • Lot Dimensions are 44 x 131

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-08-05-227-020.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$112

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1926
  • Age: 91
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 74 Schoolwood Add.
  • Parcel Number ID: 71-08-05-227-020.000-025
  • Platted: Yes
  • Sp Lp Percent: 90.91
  • Special Features: None

Interior Features

  • Total Sq Ft: 1232
  • Total Finished Sq Ft: 1232
  • Above Grade Finished Sq Ft: 616
  • Below Grade Finished Sq Ft: 616
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Main Level Sq Ft: 616
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 616

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 44 x 131
  • Estimated Lot Sq Ft: 5763
  • Estimated Lot Size Acres: 0.1323
  • Lot Number: 74

Tax Info

  • Annual Taxes: 112
  • Total Assessed Value: 28500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Aug 29, 2017
Sold by
Arms Christine Mcfarland
Bought by
Doerscher Lonnie and Doerscher Kathy
Seller's Agent
Debbie Speth
At Home Realty Group
Buyer's Agent
Jo Ann Bickel
Milestone Realty, LLC
List Price
$20,900
Sold Price
$19,000
Premium/Discount to List
-$1,900
-9.09%
Current Estimated Value
$98,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,249
Avg. Annual Appreciation
22.47%

Purchase Details

Closed on
Oct 19, 2007
Sold by
Carter Jacob E and Smith Janice K
Bought by
Mcfarland Patrick M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -- --
Mcfarland Patrick M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $19,000 -9.1% $15 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $20,900 -- $17 / 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 $1,044 $42,000 $5,500 $36,500
2023 $535 $56,900 $5,500 $51,400
2022 $535 $22,300 $5,500 $16,800
2021 $547 $21,000 $7,500 $13,500
2020 $497 $18,900 $6,700 $12,200
2019 $423 $38,400 $6,800 $31,600
2018 $841 $34,900 $6,200 $28,700
2017 $761 $29,100 $5,200 $23,900
2016 $215 $29,100 $5,200 $23,900
2014 $115 $28,700 $5,200 $23,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201713341

Indiana Regional MLS

APN: 71-08-05-227-020.000-025