$72,000
SOLD JUL 31, 2024

611 E Dayton St South Bend, IN 46613

Southeast South Bend Neighborhood
2 Beds
2 Baths
1,248 Sq Ft
5,680 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

24% Below List Price

128 Days on Market

Highlights

  • Covered patio or porch
  • Level Lot
  • Carpet
  • Forced Air Heating System

About This Home

As of July 2024

Prime investment opportunity: Duplex property with an upper and lower unit, each offering 1 bedrooms and 1 bathrooms. Currently fully leased with reliable tenants, guaranteeing consistent rental income. The property features a new roof installed in 2020, minimizing maintenance costs. Ideal for investors seeking a financially sound asset with a solid rental history.

Last Agent to Sell the Property

Stephen DiJulius

St. Joseph Realty Group Listed on: 01/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1922

Lot Details

  • 5,680 Sq Ft Lot
  • Lot Dimensions are 40x142
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Lincoln Elementary School
  • Jackson Middle School
  • Riley High School

Additional Features

  • Covered patio or porch
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, cooling, snow removal
  • The owner pays for building insurance, electric, fuel, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 71-08-13-405-015.000-026

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,150
  • Fuel Expense $1,050
  • Insurance Expense $1,200
  • Maintenance Expense $1,300
  • Water Sewer Expense $1,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,375

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1922
  • Age: 102
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 97 HENRY STUDEBAKERS 2ND
  • Parcel Number ID: 71-08-13-405-015.000-026
  • Platted: Yes
  • Amenities: Basement, Porch Covered
  • Sp Lp Percent: 80.09
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1872
  • Total Finished Sq Ft: 1248
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Sq Ft: 624
  • Price Per Sq Ft: 57.69
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 624
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2150
  • Annual Fuel Expense: 1050
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1300
  • Annual Water Sewer Expense: 1180
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x142
  • Estimated Lot Sq Ft: 5680
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Renewal Options
  • Owner Pays: Building Insurance, Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Snow Removal

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1375

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 18, 2024
Closed on
Jul 31, 2024
Sold by
Black Pearl Universal Holdings Llc
Bought by
Noff Holdings Llc
Seller's Agent
Stephen DiJulius
St. Joseph Realty Group
List Price
$94,900
Sold Price
$72,000
Premium/Discount to List
-$22,900
-24.13%
Views
126
Current Estimated Value
$88,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,195
Avg. Annual Appreciation
25.78%

Purchase Details

Listed on
Mar 9, 2023
Closed on
Jun 15, 2023
Sold by
Waldmann Collin
Bought by
Black Pearl Universal Holdings Llc
Seller's Agent
Valerie Swihart
Pyramid Realty LLC
Buyer's Agent
SB NonMember
NonMember SB
List Price
$100,000
Sold Price
$85,137
Premium/Discount to List
-$14,863
-14.86%
Views
238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.56%
Original Mortgage
$35,000
Interest Rate
6.35%

Purchase Details

Closed on
Jul 8, 2020
Sold by
South Bend Real Estate 4 Llc
Bought by
Waldmann Collin

Purchase Details

Closed on
Oct 4, 2012
Sold by
Dreibelbeis Larry W and Dreibelbeis Garry W
Bought by
South Bend Real Estate 4 Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
Dreibelbeis Darry W
Bought by
Dreibelbeis Larry W and Dreibelbeis Garry W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $72,000 None Listed On Document
Warranty Deed $85,137 Chicago Title
Warranty Deed -- Metropolitan Title
Warranty Deed -- --
Trustee Deed -- None Available
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,500 New Conventional
Previous Owner $35,939 New Conventional
Previous Owner $35,000 No Value Available
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $72,000 -19.9% $58 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $89,900 -5.3% $72 / Sq Ft
05/17/2024 05/17/24 For Sale $94,900 +31.8% $76 / Sq Ft
04/25/2024 04/25/24 Off Market $72,000 -- --
02/01/2024 02/01/24 Price Changed $94,900 -5.0% $76 / Sq Ft
01/18/2024 01/18/24 For Sale $99,900 +17.3% $80 / Sq Ft
06/07/2023 06/07/23 Sold $85,137 -14.9% $68 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $100,000 0.0% $80 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $100,000 -- $80 / 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 $1,533 $61,000 $2,100 $58,900
2023 $1,447 $60,700 $2,100 $58,600
2022 $1,488 $60,700 $2,100 $58,600
2021 $1,375 $56,000 $2,400 $53,600
2020 $835 $33,000 $2,400 $30,600
2019 $701 $32,900 $2,300 $30,600
2018 $829 $32,900 $2,300 $30,600
2017 $857 $32,700 $2,300 $30,400
2016 $875 $32,700 $2,300 $30,400
2014 $842 $32,200 $2,300 $29,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stephen DiJulius

    St. Joseph Realty Group

    (574) 250-0893

    4 in this area

    123 Total Sales

    Stephen DiJulius
    Section Image
  • Valerie Swihart

    Seller's Agent in 2023

    Valerie Swihart

    Pyramid Realty LLC

    (574) 334-8989

    9 in this area

    149 Total Sales

    Valerie Swihart
    Section Image

  • S

    Buyer's Agent in 2023

    SB NonMember

    NonMember SB

    6 in this area

    680 Total Sales

    SB NonMember
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202401798

Indiana Regional MLS

APN: 71-08-13-405-015.000-026

Indiana St Joseph County South Bend 46613 Southeast South Bend

611 E Dayton St, South Bend, IN

This home is located at 611 E Dayton St, South Bend, IN 46613 and is currently priced at $72,000, approximately $57 per square foot. This property was built in 1922. 611 E Dayton St is a home located in St. Joseph County with nearby schools including Lincoln Elementary School, Jackson 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.

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