NOT LISTED FOR SALE

5525 Colonial Ln South Bend, IN 46614

Estimated Value: $276,029 - $317,000

3 Beds
2 Baths
2,290 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $170,000 $74 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,859/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Patio
  • Level Lot

About This Home

As of April 2018

**MULTIPLE OFFERS** This super nice southside ranch is sure to please! The kitchen and bathrooms have been recently remodeled, and the home is ready for you to move in! The easy, open floor plan is great for family entertaining. But be prepared to get creative and use your imagination because the Finished lower level offers great space for additional living. All kitchen appliances stay, but seller reserves the bookcases in lower level and family room, TV/mount in family room, dining hutch, and the washer/dryer. Seller has canvas for the patio frame and will leave them with the house. Kitchen bar stools will stay. Possession not before April 11.

Last Listed By

Stephen Bizzaro

Howard Hanna SB Real Estate Listed on: 03/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 96x125
  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Gas Log Fireplace
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Finished Basement

  • Block Basement Construction
  • 2 Bedrooms in Basement

Utilities

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

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-09-31-252-016.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1975
  • Age: 43
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 52 Portage Realtys Southeast Estates Sec 2 |
  • Parcel Number ID: 71-09-31-252-016.000-002
  • Platted: Yes
  • Amenities: Patio Open, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Provincial
  • Grid: 160 St. Joe Co.
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Section Number: 2
  • Sp Lp Percent: 102.47
  • Special Features: None

Interior Features

  • Total Sq Ft: 2440
  • Total Finished Sq Ft: 2290
  • Above Grade Finished Sq Ft: 1608
  • Below Grade Finished Sq Ft: 682
  • Below Grade Sq Ft: 150
  • Price Per Sq Ft: 105.72
  • Basement: Yes
  • Basement Foundation: Partial Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 832

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None, Dimensions: 14x10

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x20
  • Garage Sq Ft: 420
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 96x125
  • Estimated Lot Sq Ft: 12001
  • Estimated Lot Size Acres: 0.2755
  • Lot Number: 52

Tax Info

  • Annual Taxes: 1446
  • Exemptions: Homestead, Mortgage
  • Tax Code: Tax Code 01-Centre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 17, 2018
Sold by
Fair James O and Fair Nancy S
Bought by
Kronewitter Sean C and Kronewitter Emily R
Seller's Agent
Stephen Bizzaro
Howard Hanna SB Real Estate
Buyer's Agent
Sharon McDonald
RE/MAX 100
List Price
$165,900
Sold Price
$170,000
Premium/Discount to List
$4,100
2.47%
Total Days on Market
3
Current Estimated Value
$297,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,257
Avg. Annual Appreciation
7.73%
Original Mortgage
$166,920
Interest Rate
4.43%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2017
Sold by
Fair James O and Fair Nancy S
Bought by
Kronewitter Sean C and Kronewitter Emily R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.75%
Mortgage Type
FHA

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
Kronewitter Sean C $168,589 Metropolitan Title
Kronewitter Sean C -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kronewitter Sean C $20,000
Open Kronewitter Sean C $166,250
Closed Kronewitter Sean C $166,250
Closed Kronewitter Sean C $166,920
Previous Owner Kronewitter Sean C $166,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $170,000 +2.5% $74 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $165,900 -- $72 / 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 $2,532 $249,200 $47,200 $202,000
2023 $2,489 $207,400 $47,200 $160,200
2022 $2,465 $207,400 $47,200 $160,200
2021 $1,940 $162,200 $15,500 $146,700
2020 $1,761 $142,100 $15,500 $126,600
2019 $1,509 $142,200 $15,500 $126,700
2018 $1,782 $144,200 $15,500 $128,700
2017 $1,461 $115,200 $12,700 $102,500
2016 $1,486 $115,200 $12,700 $102,500
2014 $1,423 $113,500 $9,300 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201807525

Indiana Regional MLS

APN: 71-09-31-252-016.000-002