$85,137
SOLD JUN 7, 2023
4 Beds
2 Baths
1,248 Sq Ft
5,680 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

15% Below List Price

61 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Level Lot
  • Porch
  • Ceiling Fan
  • Carpet

About This Home

As of July 2024

Great investment property. Live in one and rent the other. Currently, the upstairs unit will be vacating by the end of this month. The downstairs unit is rented for $430 but no utilities included - very long term tenant. Upstairs was rented for $775 all utilities included, tenant is moving to a larger place. Roof replaced 2020. There is only one water, electric and gas meter. The downstairs tenant gets billed for half of these utilities each month on top of their rent. When the upstairs unit was rented, utilities were included which is why the rent is higher.

Last Agent to Sell the Property

Valerie Swihart

Pyramid Realty LLC Listed on: 03/09/2023

Last Buyer's Agent

SB NonMember

NonMember SB

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

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Gas Water Heater

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

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • 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: 101
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • 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, Ceiling Fan, Detector-Carbon Monoxide, Detector-Smoke, Porch Open, Water Heater Gas
  • Sp Lp Percent: 85.14
  • Monthly Gross Income: 1340
  • Year Taxes Payable: 2022
  • 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: 68.22
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 624
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Electric: 2150
  • Annual Fuel Expense: 1050
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1300
  • Annual Water Sewer Expense: 1180
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 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
  • Lot Number: 97

Rental Info

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

Tax Info

  • Total Assessed Value: 60700
  • Annual Property Tax: 1375

Multi Family

  • Gross Monthly Rent: 1340
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

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
$88,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,143
Avg. Annual Appreciation
22.74%

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

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Map

Source: Indiana Regional MLS

MLS Number: 202306820

Indiana Regional MLS

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