NOT LISTED FOR SALE

601 N Lafayette Blvd South Bend, IN 46601

Near Northwest Neighborhood

Estimated Value: $109,000 - $245,781

3 Beds
3 Baths
2,010 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $60,000 $30 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $1,216/month

22 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 5-minute walk to James Madison Playground
  • Adams High School Rated A-

About This Home

As of May 2018

Triplex located directly across from Memorial Hospital. Apt A & B are currently rented. Buyer to check all information and all measurements.

Last Agent to Sell the Property

Tricia Greaney

Summit Group Real Estate Listed on: 02/15/2018

Last Buyer's Agent

Kristi Ryan

RE/MAX 100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 2,394 Sq Ft Lot
  • Lot Dimensions are 57x42

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 71-08-01-304-016.000-026

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $619
  • Water Sewer Expense $1,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1897
  • Age: 121
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 42 Ft E End Lot 360 Ex 4.35 Ft N Side O P South Bend |
  • Parcel Number ID: 71-08-01-304-016.000-026
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.96
  • Monthly Gross Income: 925
  • Special Features: None

Interior Features

  • Total Sq Ft: 2510
  • Total Finished Sq Ft: 2010
  • Above Grade Finished Sq Ft: 2010
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 29.85
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate, Mixed
  • Total Below Grade Sq Ft: 500
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: South Bend Municipal Util
  • Annual Insurance Expense: 619
  • Annual Water Sewer Expense: 1080
  • Number Electric Meters: 4
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Clay
  • High School: Adams

Lot Info

  • Lot Dimensions: 57x42
  • Estimated Lot Sq Ft: 2394
  • Estimated Lot Size Acres: 0.05

Rental Info

  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 925
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2258.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 9, 2018
Sold by
Yotam Schawer
Bought by
Bvr Llc
Seller's Agent
Tricia Greaney
Summit Group Real Estate
Buyer's Agent
Kristi Ryan
RE/MAX 100
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%
Current Estimated Value
$189,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,195
Avg. Annual Appreciation
16.85%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 30, 2018
Sold by
Schawer Yotam
Bought by
Bvr Llc
Seller's Agent
Tricia Greaney
Summit Group Real Estate
Buyer's Agent
Kristi Ryan
RE/MAX 100
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%

Purchase Details

Closed on
Dec 22, 2013
Sold by
Schawer Nimrod
Bought by
Schawer Yotam

Purchase Details

Closed on
Sep 28, 2010
Sold by
Banko Capital Lp
Bought by
Schawer Yotam and Schawer Nimrod

Purchase Details

Closed on
Aug 13, 2010
Sold by
Hunt Gerald P
Bought by
Banko Capital Lp

Purchase Details

Closed on
Jan 25, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Hunt Gerald P

Purchase Details

Closed on
Jan 5, 2008
Sold by
Wells Fargo Bank Na
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Nov 29, 2007
Sold by
Bonvicint Joseph
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 24, 2005
Sold by
Culp Robert C
Bought by
Bonvicini Joseph
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
Bvr Llc -- Fidelity National Title
Bvr Llc -- Fidelity National Title
Schawer Yotam -- Lawyers Title
Schawer Yotam -- Lawyers Title
Banko Capital Lp -- Lawyers Title
Hunt Gerald P -- None Available
Hsbc Bank Usa Na -- Meridian Title Corp
Wells Fargo Bank Na $25,200 None Available
Bonvicini Joseph -- Title Works
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $60,000 -13.0% $30 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $69,000 -- $34 / 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 $2,558 $101,700 $10,400 $91,300
2023 $2,445 $101,900 $10,400 $91,500
2022 $2,445 $101,900 $10,400 $91,500
2021 $2,155 $88,000 $6,000 $82,000
2020 $2,155 $88,000 $6,000 $82,000
2019 $1,799 $87,800 $5,800 $82,000
2018 $2,139 $87,800 $5,800 $82,000
2017 $2,212 $86,900 $5,800 $81,100
2016 $2,258 $86,900 $5,800 $81,100
2014 $2,248 $86,000 $5,800 $80,200
Source: Public Records

Agents Affiliated with this Home

  • Tricia Greaney

    Seller's Agent in 2018

    Tricia Greaney

    Summit Group Real Estate

    (574) 532-1229

    3 in this area

    45 Total Sales

    Tricia Greaney
    Section Image

  • K

    Buyer's Agent in 2018

    Kristi Ryan

    RE/MAX

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201805531

Indiana Regional MLS

APN: 71-08-01-304-016.000-026

Indiana St Joseph County South Bend 46601 Near Northwest

601 N Lafayette Blvd, South Bend, IN

This home is located at 601 N Lafayette Blvd, South Bend, IN 46601 since 15 February 2018 and is currently estimated at $189,195, approximately $94 per square foot. This property was built in 1897. 601 N Lafayette Blvd is a home located in St. Joseph County with nearby schools including Madison STEAM Academy, Edison Middle School, and Adams 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.

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