5530 Colonial Ln South Bend, IN 46614
4
Beds
2.5
Baths
2,580
Sq Ft
9,583
Sq Ft Lot
Highlights
- Spa
- Covered patio or porch
- Community Fire Pit
- 1 Fireplace
- Workshop
- Formal Dining Room
About This Home
As of July 2024NOTE**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
Berkshire Hathaway HomeServices Northern Indiana Real Estate Brokerage Phone: 574-284-2600 Listed on: 05/23/2024
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
Ownership History
Date
Name
Owned For
Owner Type
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,904
Avg. Annual Appreciation
-2.61%
Original Mortgage
$277,000
Outstanding Balance
$274,920
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$42,111
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
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
7.96%
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
Similar Homes in South Bend, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Warranty Deed | $185,448 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Deed | -- | -- | |
| Quit Claim Deed | $237,061 | Drake Andrew R |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $277,000 | New Conventional | |
| Previous Owner | $178,242 | New Conventional | |
| Previous Owner | $178,242 | New Conventional | |
| Previous Owner | $183,612 | FHA | |
| Previous Owner | $183,612 | FHA |
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
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
-
Jim Carpenter
Seller's Agent in 2024
Jim Carpenter
Berkshire Hathaway HomeServices Northern Indiana Real Estate
(574) 532-9530
27 Total Sales
-
Jim McKinnies
Buyer's Agent in 2024
Jim McKinnies
McKinnies Realty, LLC
(574) 229-8808
640 Total Sales
-
Sue Vanleeuwen
Seller's Agent in 2018
Sue Vanleeuwen
Cressy & Everett - South Bend
(574) 286-8745
11 Total Sales
-
Jackie Mahony
Buyer's Agent in 2018
Jackie Mahony
Coldwell Banker Real Estate Group
(574) 612-3243
187 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202418520
APN: 71-09-31-253-009.000-002
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