NOT LISTED FOR SALE

55400 Fresno St South Bend, IN 46619

Estimated Value: $252,000 - $353,000

4 Beds
2 Baths
2,064 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $275,000 $133 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,867/month

53 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Lake Property
  • 4 Car Detached Garage
  • Bridgeview Elementary School Rated A
  • Dock Rights
  • Forced Air Heating System

About This Home

As of January 2024

Rare lake front package deal! 2.5 acres on South Chain Lake in Warren Twp.(roughly 150'+ frontage). Possible Airbnb? 4 rental units. 2 story duplex with separate utilities and a shared 4" well. Both units are 2 BR, 1 bath. 2- 2 BR ranch units with separate utilities, well and septic's. 28x40 detached garage with 4 overhead doors. All units were recently rented and one is still occupied at the moment. 4 gas and elect meters. Estate-the family is selling and will let the next owner decide what they want to do. Someone may even build a new home overlooking the lake. The South Bend Country Club Golf Course can be seen from the distance on this no wake non public fishing lake! Get the kayaks ready as the lake leads through a channel to the southern part of the big lake. There is a boat house storage bldg down near the lake. This is the only parcel on the lake that has a driveway that leads down to the lake. Breathtaking views with quiet scenery. Lots of development will be taking place in nearby New Carlisle and this could be a great investment! AGENTS SEE REMARKS-Cash or Conventional approved Buyers.

Last Agent to Sell the Property

Jason Kaser

Kaser Realty, LLC Brokerage Phone: 574-656-9088 Listed on: 10/20/2023

Last Buyer's Agent

Jason Kaser

Kaser Realty, LLC Brokerage Phone: 574-656-9088 Listed on: 10/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1920

Lot Details

  • 2.5 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Sloped Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Warren Elementary School
  • Dickinson Middle School
  • Washington High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-07-02-276-004.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,752

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Irreg Tr Beg 736.5'N Of Sw Cor SeNe 2-37-1e 2.5 Ac
  • Parcel Number ID: 71-07-02-276-004.000-029
  • Platted: Yes
  • Amenities: Garage Door Opener
  • Investment Property: Yes
  • Location: Lake, Rural
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3096
  • Total Finished Sq Ft: 2064
  • Above Grade Finished Sq Ft: 2064
  • Below Grade Sq Ft: 1032
  • Basement: Yes
  • Basement Foundation: Slab, Full Basement
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Bedroom 3: Dimensions: 14x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1032

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 24x12
  • Lake Type: Non Ski Lake
  • Water Features: Boat Docking Rights
  • Water Frontage: 150
  • Water Name: South Chain Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 40x28
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • Elementary School: Warren

Lot Info

  • Lot Description: Slope, Waterfront, 0-2.9999, Lake, Water View
  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5

Tax Info

  • Annual Taxes: 3752.24

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 17, 2024
Sold by
Milliken John A
Bought by
Davenport John W and Davenport Catherine M
Seller's Agent
Jason Kaser
Kaser Realty, LLC
Buyer's Agent
Jason Kaser
Kaser Realty, LLC
List Price
$275,000
Sold Price
$275,000
Views
134
Current Estimated Value
$296,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,660
Avg. Annual Appreciation
4.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davenport John W $275,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $275,000 0.0% $133 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $275,000 0.0% $133 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $275,000 -- $133 / 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 $3,726 $193,800 $58,500 $135,300
2023 $3,671 $153,900 $20,600 $133,300
2022 $3,731 $193,500 $46,800 $146,700
2021 $3,767 $154,000 $20,600 $133,400
2020 $3,828 $156,700 $20,600 $136,100
2019 $3,195 $156,700 $20,600 $136,100
2018 $4,224 $183,100 $11,300 $171,800
2017 $3,151 $130,000 $11,300 $118,700
2016 $3,187 $130,100 $11,300 $118,800
2014 $3,301 $130,100 $11,300 $118,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202338597

Indiana Regional MLS

APN: 71-07-02-276-004.000-029