NOT LISTED FOR SALE

Estimated Value: $70,000 - $108,000

4 Beds
2 Baths
2,142 Sq Ft
$41/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $33,000 $15 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $612/month

21 Days on Market

About This Home

As of April 2015

Here is your opportunity to own a nice duplex. There is absolutely nothing to do but sit back and collect your rent. This is a turn key and ready for it's new owner. Call today for a showing.

Last Agent to Sell the Property

Justin Elias

Tiffany Group Real Estate Advisors LLC Listed on: 03/03/2015

Co-Listed By

John Tiffany

Tiffany Group Real Estate Advisors LLC

Last Buyer's Agent

Justin Elias

Tiffany Group Real Estate Advisors LLC Listed on: 03/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 1912

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120x40
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,142 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Harrison Elementary School
  • Navarre Middle School
  • Washington High School

Utilities

  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, maintenance, sewer, trash collection
  • The owner pays for building insurance
  • Assessor Parcel Number 71-08-10-408-024.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$820

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1912
  • Age: 103
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 220 & 1/2 VAC ALLEY SUMMIT PLACE 2ND ADD |
  • Parcel Number ID: 71-08-10-408-024.000-026
  • Platted: Yes
  • Amenities: Basement
  • Grid: South Bend SW
  • Sp Lp Percent: 87.07
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2142
  • Total Finished Sq Ft: 2142
  • Above Grade Finished Sq Ft: 2142
  • Price Per Sq Ft: 15.41
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Wood
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Harrison
  • Middle School: Navarre
  • High School: Washington
  • Elementary School: Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120x40
  • Estimated Lot Sq Ft: 4800
  • Estimated Lot Size Acres: 0.1102

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Maintenance, Sewer, Trash Collection

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 820

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2015
Closed on
Apr 3, 2015
Sold by
Mira Gia Llc
Bought by
Chanon Braulio
Seller's Agent
Justin Elias
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Justin Elias
Tiffany Group Real Estate Advisors LLC
List Price
$42,000
Sold Price
$33,000
Premium/Discount to List
-$9,000
-21.43%
Current Estimated Value
$87,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,954
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
May 9, 2013
Sold by
Salvagni Richard L
Bought by
Mira Gia Llc

Purchase Details

Listed on
Oct 29, 2012
Closed on
Jan 31, 2013
Sold by
Fannie Mae
Bought by
Salvagni Rich
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
John Tiffany
IntegraReal Estate of Michiana
List Price
$20,600
Sold Price
$17,500
Premium/Discount to List
-$3,100
-15.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%

Purchase Details

Closed on
Oct 17, 2012
Sold by
1St Sources Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 11, 2012
Sold by
Tapia Rigonerlo
Bought by
Trustcorp Mortgage Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chanon Braulio -- --
Mira Gia Llc -- --
Salvagni Rich -- Meridian Title Corp
Federal National Mortgage Association -- None Available
Trustcorp Mortgage Corp $28,789 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $33,000 -21.4% $15 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $42,000 +140.0% $20 / Sq Ft
01/31/2013 01/31/13 Sold $17,500 -15.0% $8 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $20,600 -- $10 / 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 $1,712 $68,600 $1,200 $67,400
2023 $1,637 $68,200 $1,200 $67,000
2022 $1,637 $68,200 $1,200 $67,000
2021 $1,550 $62,800 $1,700 $61,100
2020 $1,550 $62,800 $1,700 $61,100
2019 $1,299 $62,800 $1,700 $61,100
2018 $862 $34,300 $1,500 $32,800
2017 $884 $33,800 $1,500 $32,300
2016 $903 $33,800 $1,500 $32,300
2014 $758 $29,000 $1,500 $27,500
2013 $768 $62,300 $1,800 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201507972

Indiana Regional MLS

APN: 71-08-10-408-024.000-026