NOT LISTED FOR SALE

56892 Elmer Ave South Bend, IN 46619

Estimated Value: $116,000 - $215,000

3 Beds
1 Bath
988 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $83,500 $85 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,061/month

61 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Enclosed Patio or Porch
  • Level Lot

About This Home

As of June 2016

Simply Remarkable home on a 1 acre lot! This rehabbed home with 3 bedrooms and a secret finished attic space is just the thing if you are looking for some space to spread out. Brand new septic tank installed in March 2016. This home is being offered by a non-profit to buyers who meet income restrictions of 115% of HUD guidelines. Please contact your agent for more information on how you might qualify for this lovely home. ***Agents please see confidential remarks for information on placing offers on this home***

Last Agent to Sell the Property

Laurie LaDow

Cressy & Everett - South Bend Listed on: 03/09/2016

Cressy & Everett - South Bend

Last Buyer's Agent

Dawn Collins

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1929

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 150x303
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Formal Dining Room
  • Gas Oven or Range
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-08-08-377-001.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1929
  • Age: 87
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 6 Grouses Add
  • Parcel Number ID: 71-08-08-377-001.000-025
  • Platted: Yes
  • Amenities: Dryer Hook Up Gas, Porch Enclosed, Range/Oven Hook Up Gas, Formal Dining Room
  • Sp Lp Percent: 98.24
  • Special Features: None

Interior Features

  • Total Sq Ft: 1976
  • Total Finished Sq Ft: 988
  • Above Grade Finished Sq Ft: 988
  • Below Grade Sq Ft: 988
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 10x13, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 988

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x35
  • Garage Sq Ft: 840

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 150X303
  • Estimated Lot Sq Ft: 45451
  • Estimated Lot Size Acres: 1.0434

Tax Info

  • Annual Taxes: 2086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 19, 2016
Sold by
Affordable Hsg Assistance
Bought by
Bent Blake
Seller's Agent
Laurie LaDow
Cressy & Everett - South Bend
Buyer's Agent
Dawn Collins
Cressy & Everett - South Bend
List Price
$85,000
Sold Price
$83,500
Premium/Discount to List
-$1,500
-1.76%
Current Estimated Value
$172,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,447
Avg. Annual Appreciation
8.14%
Original Mortgage
$81,987
Outstanding Balance
$64,644
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$108,303

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 20, 2015
Sold by
Jp Morgan Alternative Trust
Bought by
Affordable Housing Assistance
Seller's Agent
Kathy Poznanski
RE/MAX 100
Buyer's Agent
Timothy Robinson
Action Realty of Northern IN
List Price
$55,000
Sold Price
$33,500
Premium/Discount to List
-$21,500
-39.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.04%

Purchase Details

Closed on
Sep 4, 2014
Sold by
St Joseph County Sheriff
Bought by
Jp Morgan Alternative Loan Trt

Purchase Details

Closed on
Jun 16, 2005
Sold by
The Ruth A Smith Revocable Living Trust
Bought by
Burch Jo Richard D and Burch Jean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.69%
Mortgage Type
New Conventional
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
Bent Blake -- Metropolitan Title
Affordable Housing Assistance -- --
Jp Morgan Alternative Loan Trt -- --
Burch Jo Richard D -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bent Blake $81,987
Previous Owner Burch Jo Richard D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $83,500 -1.8% $85 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $85,000 +153.7% $86 / Sq Ft
07/28/2015 07/28/15 Sold $33,500 -39.1% $34 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $55,000 -- $56 / 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 $1,727 $178,700 $20,500 $158,200
2023 $1,577 $165,000 $20,500 $144,500
2022 $1,620 $148,700 $25,300 $123,400
2021 $1,016 $104,000 $14,700 $89,300
2020 $909 $97,800 $13,800 $84,000
2019 $919 $109,000 $13,400 $95,600
2018 $1,059 $121,300 $14,900 $106,400
2017 $730 $93,100 $11,500 $81,600
2016 $813 $93,200 $11,500 $81,700
2014 $2,086 $82,200 $10,000 $72,200
2013 $575 $82,500 $10,100 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201609275

Indiana Regional MLS

APN: 71-08-08-377-001.000-025