NOT LISTED FOR SALE

5523 Colonial Ln South Bend, IN 46614

Estimated Value: $290,924 - $327,000

3 Beds
2.5 Baths
2,432 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $270,000 $111 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,935/month

40 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Formal Dining Room
  • Ranch Style House
  • Stone Countertops
  • 2 Car Attached Garage

About This Home

As of April 2022

South side sprawling ranch that is turn key. This home has been revamped and is ready for new occupants. The front door opens to a large foyer and you turn to a large living room with tons of natural light or you can head into the formal dining room. The kitchen has been updated with granite, new cabinetry, back splash and all new appliances. There is also a large great room with a fireplace. Main level laundry room with a half bath. The main bedroom is large with a private bath. There is also a full bath between the other 2 bedrooms. The basement has a large 12x25 rec room in the basement that would be perfect for a media room. Fully fenced back yard.

Last Listed By

Angela Pritchard

Addresses Unlimited, LLC Listed on: 03/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 98x127
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot
  • Property is zoned SN1 Suburban Neighborhood 1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement
  • Crawl Space

Outdoor Features

  • Patio

Schools

  • Hay Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-09-31-252-015.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Age: 51
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 51 Portage Realtys Southeast Estates Sec 2
  • Parcel Number ID: 71-09-31-252-015.000-002
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Countertops-Stone, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Patio Open, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry
  • Cross Street: Provincial
  • Inside City Limits: Yes
  • Sp Lp Percent: 100.37
  • Zoning Description: single family residence
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4264
  • Total Finished Sq Ft: 2432
  • Above Grade Finished Sq Ft: 2132
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 1832
  • Price Per Sq Ft: 126.64
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 21x13, On Level: Main
  • Kitchen: Dimensions: 15x10, On Level: Main
  • Dining Room: Dimensions: 9x13, On Level: Main
  • Family Room: Dimensions: 13x18, On Level: Main
  • Recreation Room: Dimensions: 12x25, On Level: Lower
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2132

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: Garden Shed, Dimensions: 8x10
  • Fence: Full, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x21
  • Garage Sq Ft: 441
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util
  • Laundry: Dimensions: Mainx10, On Level: 5

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 98x127
  • Estimated Lot Sq Ft: 12070
  • Estimated Lot Size Acres: 0.2771
  • Lot Number: 51

Tax Info

  • Annual Taxes: 1955
  • Total Assessed Value: 166400

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
Mar 2, 2022
Closed on
Apr 14, 2022
Sold by
Properties Llc
Bought by
Fodroci Aaron
Seller's Agent
Angela Pritchard
Addresses Unlimited, LLC
Buyer's Agent
Mary Dale
Coldwell Banker Real Estate Group
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%
Total Days on Market
40
Current Estimated Value
$312,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,231
Avg. Annual Appreciation
4.18%
Original Mortgage
$261,900
Outstanding Balance
$247,569
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$58,878

Purchase Details

Closed on
Dec 31, 2021
Sold by
Sheriff Of St Joseph County
Bought by
Rtv Properties Llc

Purchase Details

Closed on
Dec 9, 2021
Sold by
St Joseph County Sheriff
Bought by
Rtv Properties Llc

Purchase Details

Listed on
Jul 19, 2016
Closed on
Sep 21, 2016
Sold by
Worth Dennis L and Worth Cindy L
Bought by
Kirk Michael
Seller's Agent
Susan Ullery
RE/MAX 100
Buyer's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
List Price
$154,500
Sold Price
$150,000
Premium/Discount to List
-$4,500
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$147,283
Interest Rate
3.75%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Fodroci Aaron $270,000 Metropolitan Title
Rtv Properties Llc $169,000 Barnes Barry T
Rtv Properties Llc $169,000 None Available
Kirk Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fodroci Aaron $261,900
Previous Owner Kirk Michael $147,283
Previous Owner Worth Dennis L $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $270,000 +0.4% $111 / Sq Ft
03/02/2022 03/02/22 For Sale $269,000 +79.3% $111 / Sq Ft
09/21/2016 09/21/16 Sold $150,000 -2.9% $61 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $154,500 -- $63 / 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 $2,442 $241,700 $47,800 $193,900
2023 $2,455 $201,200 $47,800 $153,400
2022 $2,455 $201,300 $47,800 $153,500
2021 $1,998 $166,400 $15,700 $150,700
2020 $1,998 $166,500 $15,700 $150,800
2019 $1,692 $166,500 $15,700 $150,800
2018 $2,070 $168,800 $15,700 $153,100
2017 $1,687 $134,200 $12,900 $121,300
2016 $1,707 $143,500 $12,900 $130,600
2014 $1,584 $137,900 $9,400 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202206605

Indiana Regional MLS

APN: 71-09-31-252-015.000-002