NOT LISTED FOR SALE

559 River Ave South Bend, IN 46601

Estimated Value: $106,000 - $197,309

3 Beds
1.5 Baths
1,944 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $125,000 $64 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $985/month

6 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Air

About This Home

As of February 2023

Great Investment Opportunity! Welcome to the historic edgewater neighborhood. This beautiful home has a ton of potential with almost 2000 SqFt of living space and hardwood floors through out. Great location, walking distance to multiple restaurants and bars, and the farmers market around the corner. This home is ready for your personal touch to make it your own. Schedule a showing today. Sold As Is.

Last Agent to Sell the Property

Julia Robbins

RE/MAX 100 Listed on: 01/02/2023

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1916

Lot Details

  • 3,977 Sq Ft Lot
  • Lot Dimensions are 41x97
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Asbestos Siding
  • Asphalt

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Monroe Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-08-12-405-028.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 107
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: TRI PC SW PT LOT 49 & LOT 48 EX TRI PC NE PT EDGEWATER PLACE ADD
  • Parcel Number ID: 71-08-12-405-028.000-026
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2872
  • Total Finished Sq Ft: 1944
  • Above Grade Finished Sq Ft: 1944
  • Below Grade Sq Ft: 928
  • Price Per Sq Ft: 64.3
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 12x10, On Level: Upper
  • Bedroom 2: Dimensions: 10x11, On Level: Upper
  • Bedroom 3: Dimensions: 8x10, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 928

Exterior Features

  • Exterior: Asbestos, Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 41X97
  • Estimated Lot Sq Ft: 3977
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 4948

Tax Info

  • Annual Taxes: 1397
  • Total Assessed Value: 121100

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
Jan 2, 2023
Closed on
Feb 3, 2023
Sold by
Imus Michael R
Bought by
Montgomery Robert Edward
Seller's Agent
Julia Robbins
RE/MAX 100
List Price
$125,000
Sold Price
$125,000
Views
87
Current Estimated Value
$148,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,509
Avg. Annual Appreciation
7.08%
Original Mortgage
$100,000
Outstanding Balance
$89,440
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$58,859

Purchase Details

Listed on
Feb 6, 2013
Closed on
Aug 23, 2013
Sold by
Dowd Matthew F and Dowd Amy
Bought by
Imus Michael R
Seller's Agent
Marv Rifkin
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Aaron Cowham
Howard Hanna SB Real Estate
List Price
$89,900
Sold Price
$50,000
Premium/Discount to List
-$39,900
-44.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$47,500
Interest Rate
4.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montgomery Robert Edward $125,000 Fidelity National Title
Imus Michael R -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Robert Edward $44,345
Open Montgomery Robert Edward $100,000
Previous Owner Imus Michael R $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $125,000 0.0% $64 / Sq Ft
01/09/2023 01/09/23 For Sale $125,000 0.0% $64 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $125,000 +150.0% $64 / Sq Ft
08/23/2013 08/23/13 Sold $50,000 -44.4% $26 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $89,900 -- $46 / 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 $2,067 $174,000 $3,300 $170,700
2023 $2,051 $173,500 $3,300 $170,200
2022 $2,051 $173,000 $2,800 $170,200
2021 $1,440 $121,100 $3,600 $117,500
2020 $1,050 $90,200 $2,700 $87,500
2019 $656 $61,300 $2,100 $59,200
2018 $688 $61,800 $2,100 $59,700
2017 $692 $60,700 $2,100 $58,600
2016 $702 $60,700 $2,100 $58,600
2014 $659 $59,900 $2,100 $57,800
Source: Public Records

Agents Affiliated with this Home

  • Julia Robbins

    Seller's Agent in 2023

    Julia Robbins

    RE/MAX

    (574) 210-6957

    555 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    Marv Rifkin

    Weichert Rltrs-J.Dunfee&Assoc.

    (574) 292-0345

    11 Total Sales

    Section Image
  • Aaron Cowham

    Buyer's Agent in 2013

    Aaron Cowham

    Howard Hanna SB Real Estate

    (574) 532-8412

    272 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202300047

Indiana Regional MLS

APN: 71-08-12-405-028.000-026

Indiana St Joseph County South Bend 46601

559 River Ave, South Bend, IN

This home is located at 559 River Ave, South Bend, IN 46601 since 02 January 2023 and is currently estimated at $154,577, approximately $79 per square foot. This property was built in 1916. 559 River Ave is a home located in St. Joseph County with nearby schools including Lincoln Elementary School, Navarre Middle School, and Riley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes