NOT LISTED FOR SALE

5530 Colonial Ln South Bend, IN 46614

Estimated Value: $276,000 - $363,000

4 Beds
2.5 Baths
2,580 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $325,000 $126 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,921/month

4 Days on Market

Highlights

  • Spa
  • Covered Patio or Porch
  • Community Fire Pit
  • 1 Fireplace
  • Workshop
  • Formal Dining Room

About This Home

As of July 2024

NOTE**MULTIPLE OFFERS; HIGHEST & BEST BY 11AM MONDAY 27TH! See agent remarks regarding any offers this weekend!! You will smell and see "clean" the moment you step inside this amazing two story, 4 bdrm, 2 & 1/2 bath beauty! Floor space includes living rm, dining rm, and efficient kitchen w/plenty of cabinets, stainless appliances, island counter, & a lighted pantry. From the kitchen you enter the large family rm. w/fireplace. From here you have access into the all glass sunroom (you will love this) & from there entry onto the large deck w/pergola and a park-like backyard setting. On the upper level you w/ have 4 bdrms, 2 updated baths, one in the primary bdrm. In the finished lower level you will have about 600 sf of additional space, a ready made office and mechanical rm w/a Dr Mercola water filtration system & utility sink. The yard has been meticulously kept & includes fully fenced backyard, a shed, fire pit, working hot tub & fenced in 'trash can' area. Home is equipped w/a whole house Generac generator & has updated fiber (Surfnet) internet. All the original windows have been replaced.

Last Agent to Sell the Property

Jim Carpenter

Berkshire Hathaway HomeServices Northern Indiana Real Estate Brokerage Phone: 574-284-2600 Listed on: 05/23/2024

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Last Buyer's Agent

Jim McKinnies

McKinnies Realty, LLC

McKinnies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1971

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Level Lot
  • Irrigation

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Storm Doors
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry Chute
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

  • Hamilton Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator

Community Details

  • South East / Southeast Subdivision
  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 71-09-31-253-009.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Age: 53
  • Style: Two Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 44 Portage Realtys Southeast Estates Sec 2
  • Parcel Number ID: 71-09-31-253-009.000-002
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Ceiling Fan(s), Disposal, Dryer Hook Up Gas, Eat-In Kitchen, Firepit, Foyer Entry, Generator-Whole House, Irrigation System, Kitchen Island, Landscaped, Laundry-Chute, Porch Covered, Range/Oven Hook Up Gas, Range/Oven Hk Up Gas/Elec, Storm Doors, Twin Sink Vanity, Utility Sink, Wiring-Data, Stand Up Shower, Workshop, Formal Dining Room
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.42
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2780
  • Total Finished Sq Ft: 2580
  • Above Grade Finished Sq Ft: 1980
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 200
  • Price Per Sq Ft: 164.14
  • Basement: Yes
  • Basement Foundation: Partial Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 18x10, On Level: Upper
  • Bedroom 2: Dimensions: 12x9, On Level: Upper
  • Bedroom 3: Dimensions: 13x9, On Level: Upper
  • Bedroom 4: Dimensions: 13x9, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 800

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Full, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: 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
  • Hvac: Ceiling Fan

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 80X120
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 2782
  • Exemptions: Homestead

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
May 23, 2024
Closed on
Jul 11, 2024
Sold by
Bullard Douglas and Bullard Jennifer
Bought by
Gaffney Peter A and Gaffney Christine E
Seller's Agent
Jim Carpenter
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Jim McKinnies
McKinnies Realty, LLC
List Price
$326,900
Sold Price
$325,000
Premium/Discount to List
-$1,900
-0.58%
Views
24
Current Estimated Value
$320,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,819
Avg. Annual Appreciation
-1.24%
Original Mortgage
$277,000
Outstanding Balance
$273,960
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$46,221

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 9, 2024
Sold by
Bullard Douglas and Bullard Jennifer
Bought by
Gaffney Peter A and Gaffney Christine E
Seller's Agent
Jim Carpenter
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Jim McKinnies
McKinnies Realty, LLC
List Price
$326,900
Sold Price
$325,000
Premium/Discount to List
-$1,900
-0.58%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$273,960
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$46,221

Purchase Details

Closed on
Oct 7, 2020
Sold by
Douglas Bullard
Bought by
Bullard Douglas and Bullard Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,242
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bullard Douglas and Bullard Jennifer
Bought by
Bullard Douglas and Bullard Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,242
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 3, 2018
Sold by
Leonard L Moretti And Celia S Moretti Re
Bought by
Bullard Douglas and Wood Jennifer
Seller's Agent
Sue Vanleeuwen
Cressy & Everett - South Bend
Buyer's Agent
Jackie Mahony
Coldwell Banker Real Estate Group
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$183,612
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 31, 2018
Sold by
Moretti Trust
Bought by
Bullard Douglas and Wood Jennifer
Seller's Agent
Sue Vanleeuwen
Cressy & Everett - South Bend
Buyer's Agent
Jackie Mahony
Coldwell Banker Real Estate Group
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,612
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2017
Sold by
Moretti Leonard L and Moretti Celia S
Bought by
Moretti Trust
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
Gaffney Peter A -- Meridian Title
Gaffney Peter A -- Meridian Title
Bullard Douglas -- None Listed On Document
Bullard Douglas $185,448 None Listed On Document
Bullard Douglas -- None Available
Moretti Trust -- --
Bullard Douglas $237,061 Drake Andrew R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffney Peter A $277,000
Closed Gaffney Peter A $277,000
Previous Owner Bullard Douglas $178,242
Previous Owner Bullard Douglas $178,242
Previous Owner Bullard Douglas $178,242
Previous Owner Bullard Douglas $183,612
Previous Owner Bullard Douglas $183,612
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $325,000 -0.6% $126 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $326,900 +74.8% $127 / Sq Ft
07/31/2018 07/31/18 Sold $187,000 0.0% $74 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $187,000 -- $74 / 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 $2,761 $283,000 $38,600 $244,400
2023 $2,718 $227,600 $38,600 $189,000
2022 $2,782 $227,700 $38,600 $189,100
2021 $2,225 $184,200 $12,700 $171,500
2020 $1,905 $158,000 $12,700 $145,300
2019 $1,623 $158,000 $12,700 $145,300
2018 $1,908 $158,000 $12,700 $145,300
2017 $1,582 $127,500 $10,400 $117,100
2016 $1,695 $133,700 $7,600 $126,100
2014 $1,645 $133,300 $7,600 $125,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202418520

Indiana Regional MLS

APN: 71-09-31-253-009.000-002