NOT LISTED FOR SALE

614 Ostemo Place South Bend, IN 46617

North Shore Triangle Neighborhood

Estimated Value: $232,000 - $269,000

2 Beds
1.5 Baths
1,380 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $180,000 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,505/month

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Ceiling Fan
  • Adams High School Rated A-
  • Forced Air Heating and Cooling System
  • Privacy Fence

About This Home

As of October 2021

This 2 bedroom, 1 1/2 bath home in the North Shore Triangle is close to Notre Dame, St Mary's, downtown, walking and biking trails. The first floor has a spacious family room, kitchen, separate dining room, 1/2 bath and a newly added three season room. Upstairs there are 2 large bedrooms and a full bath. The basement has a finished family/play/craft room and an unfinished laundry/mechanicals room. Sit on your deck overlooking a nice size backyard with a privacy fence. New water heater in 2017.

Last Agent to Sell the Property

Dave Scholz

Milestone Realty, LLC Listed on: 08/12/2021

Last Buyer's Agent

Darrin Vesotsky

American Mid-West Realty and Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1947

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 57 x 120
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Disposal
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Muessel Elementary School
  • Edison Middle School
  • Clay High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-227-010.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,557

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1947
  • Style: Two Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 52 & TRACT 10 FT ON ST W SIDE LOT 53 NORTH SHORE TERRACE
  • Parcel Number ID: 71-08-02-227-010.000-026
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Disposal, Dryer Hook Up Electric, Formal Dining Room
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1784
  • Total Finished Sq Ft: 1380
  • Above Grade Finished Sq Ft: 1160
  • Below Grade Finished Sq Ft: 220
  • Below Grade Sq Ft: 404
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Bedroom 1: Dimensions: 15x12, On Level: Upper
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 624

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Fence: Privacy

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 23x14
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Muessel

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 57 x 120
  • Estimated Lot Sq Ft: 6839
  • Estimated Lot Size Acres: 0.157
  • Lot Number: 52

Tax Info

  • Annual Taxes: 1557
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Clay
  • Middle School: Edison
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 1, 2021
Sold by
Gura David and Gura Alisa
Bought by
Gergets Jack A
Seller's Agent
Dave Scholz
Milestone Realty, LLC
Buyer's Agent
Darrin Vesotsky
American Mid-West Realty and Property Management
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$249,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,173
Avg. Annual Appreciation
7.99%
Original Mortgage
$144,000
Outstanding Balance
$131,315
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,858

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 30, 2021
Sold by
Gura David and Gura Alisa
Bought by
Gergets Jack A
Seller's Agent
Dave Scholz
Milestone Realty, LLC
Buyer's Agent
Darrin Vesotsky
American Mid-West Realty and Property Management
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$131,315
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,858

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 26, 2016
Sold by
Demeester Daniel E and Demeester Elizabeth A
Bought by
Gura David and Gura Alisa
Seller's Agent
Debbie Foster
Cressy & Everett - South Bend
Buyer's Agent
Dave Scholz
Milestone Realty, LLC
List Price
$129,000
Sold Price
$131,000
Premium/Discount to List
$2,000
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$104,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Smitham Geoffrey and Smitham Lora
Bought by
Demeester Daniel E and Demeester Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,461
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2005
Sold by
Machaj Melissa
Bought by
Smtham Geoffrey and Smtham Lora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gergets Jack A -- Metropolitan Title
Gergets Jack A -- Klatch Louis
Gura David -- --
Demeester Daniel E -- Metropolitan Title In Llc
Smtham Geoffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gergets Jack A $144,000
Closed Gergets Jack A $144,000
Previous Owner Gura David $104,800
Previous Owner Demeester Daniel E $110,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $180,000 0.0% $130 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $180,000 +37.4% $130 / Sq Ft
10/28/2016 10/28/16 Sold $131,000 +1.6% $95 / Sq Ft View Prior Sale
09/24/2016 09/24/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $129,000 -- $93 / 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 $2,354 $214,400 $24,300 $190,100
2023 $1,993 $196,800 $24,300 $172,500
2022 $2,036 $168,400 $24,300 $144,100
2021 $1,677 $139,900 $34,500 $105,400
2020 $1,600 $133,800 $33,000 $100,800
2019 $1,252 $120,900 $29,800 $91,100
2018 $1,319 $110,900 $27,200 $83,700
2017 $1,390 $113,100 $27,200 $85,900
2016 $1,119 $90,500 $21,800 $68,700
2014 $1,050 $88,700 $21,800 $66,900
Source: Public Records

Agents Affiliated with this Home

  • Dave Scholz

    Seller's Agent in 2021

    Dave Scholz

    Milestone Realty, LLC

    (574) 276-6979

    1 in this area

    64 Total Sales

    Dave Scholz
    Section Image

  • D

    Buyer's Agent in 2021

    Darrin Vesotsky

    American Mid-West Realty and Property Management

    Section Image
  • Debbie Foster

    Seller's Agent in 2016

    Debbie Foster

    Cressy & Everett - South Bend

    (574) 233-6141

    153 Total Sales

    Debbie Foster
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202133318

Indiana Regional MLS

APN: 71-08-02-227-010.000-026

Indiana St Joseph County South Bend 46617 North Shore Triangle

614 Ostemo Place, South Bend, IN

Not Listed for Sale

Detached

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