60724 Locust Rd South Bend, IN 46614
Estimated Value: $238,000 - $481,000
4
Beds
2.5
Baths
2,028
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- RV Parking in Community
- 12.5 Acre Lot
- Backs to Open Ground
- Primary Bedroom Suite
- Open Floorplan
- Stone Countertops
About This Home
As of June 2023Don't miss your chance to enjoy 12+ acres of country living while being within minutes of the south side of South Bend. This completely updated modern farmhouse creates a rustic, yet relaxed and contemporary atmosphere. The home still retains its turn of the century charm while being lovingly updated to provide all the conveniences you expect in a brand new build. Main level master suite and main floor laundry makes stair climbing optional for the new owners. The open concept provides unobstructed flow from the front door through the living and dining rooms and into the kitchen. The completely new kitchen and baths make abundant use of natural stone and ceramic tile. 4 outbuildings spread over the property allow for all types of storage/workshops/livestock. Schedule your showing today and see how this homestead can work for you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,942
Year Built
- Built in 1910
Lot Details
- 12.5 Acre Lot
- Lot Dimensions are 1011x542
- Backs to Open Ground
- Lot Has A Rolling Slope
Home Design
- Masonry Siding
- Masonry
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Open Floorplan
- Formal Dining Room
- Partially Finished Basement
- Sump Pump
- Storage In Attic
Kitchen
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry on main level
- Electric Dryer Hookup
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Covered patio or porch
Schools
- Hay Elementary School
- Jackson Middle School
- Riley High School
Utilities
- Central Air
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Community Details
- RV Parking in Community
Listing and Financial Details
- Assessor Parcel Number 71-08-34-401-002.000-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2021
Closed on
May 14, 2021
Sold by
Legacy Assets Llc
Bought by
Martinez Bardomio
Seller's Agent
Leah Mark
Red Bow Realty
Buyer's Agent
Nick DeMaegd
Century 21 Circle
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Total Days on Market
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,079
Avg. Annual Appreciation
29.95%
Purchase Details
Closed on
Feb 26, 2021
Sold by
Legacy Assets Llc
Bought by
Cruz Juan
Purchase Details
Closed on
Apr 19, 2006
Sold by
Kendle James P
Bought by
Beshara Tarek and Beshara Stacy
Similar Homes in South Bend, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Bardomio | $135,000 | Metropolitan Title | |
| Cruz Juan | $55,000 | None Available | |
| Beshara Tarek | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Krathwohl Carl | $11,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $450,000 | 0.0% | $222 / Sq Ft |
| 05/14/2023 05/14/23 | Price Changed | $450,000 | -3.2% | $222 / Sq Ft |
| 05/03/2023 05/03/23 | Price Changed | $465,000 | -3.1% | $229 / Sq Ft |
| 04/21/2023 04/21/23 | Price Changed | $480,000 | -3.8% | $237 / Sq Ft |
| 03/06/2023 03/06/23 | Price Changed | $499,000 | -5.0% | $246 / Sq Ft |
| 02/02/2023 02/02/23 | For Sale | $525,000 | +288.9% | $259 / Sq Ft |
| 05/14/2021 05/14/21 | Sold | $135,000 | -15.6% | $76 / Sq Ft |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $160,000 | -- | $90 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,227 | $210,300 | $101,100 | $109,200 |
| 2023 | $4,202 | $185,100 | $98,800 | $86,300 |
| 2022 | $4,202 | $174,700 | $96,500 | $78,200 |
| 2021 | $4,035 | $162,900 | $92,600 | $70,300 |
| 2020 | $4,112 | $162,500 | $92,200 | $70,300 |
| 2019 | $3,901 | $175,300 | $105,000 | $70,300 |
| 2018 | $3,971 | $163,300 | $107,300 | $56,000 |
| 2017 | $4,473 | $173,900 | $118,500 | $55,400 |
| 2016 | $4,844 | $178,900 | $123,500 | $55,400 |
| 2014 | $4,886 | $190,800 | $127,600 | $63,200 |
Source: Public Records
Agents Affiliated with this Home
-
Nick DeMaegd
Seller's Agent in 2023
Nick DeMaegd
Century 21 Circle
(574) 229-7020
218 Total Sales
-
Leah Mark
Seller's Agent in 2021
Leah Mark
Red Bow Realty
(574) 777-1269
204 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202303065
APN: 71-08-34-401-002.000-001
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