Seller's Agent in 2020
Laurie LaDow
Cressy & Everett - South Bend
(574) 651-1673
4 in this area
340 Total Sales
614 Rush St South Bend, IN 46601
Monroe Park NeighborhoodEstimated Value: $99,000 - $131,489
4
Beds
2
Baths
2,284
Sq Ft
$48/Sq Ft
Est. Value
Highlights
- Laundry closet
- Forced Air Heating System
- Carpet
- Ceiling height of 9 feet or more
- Level Lot
About This Home
As of November 2020Two unit duplex near downtown South Bend with long time tenants. Vinyl siding with vinyl windows. New carpet in the second unit. Electric is 100 amp in each unit. Gas water heaters are newer and owned rather than rented. Private entrances for each along with a basement. Each unit has their own gas and electric meters. Laundry is off the kitchen on the first floor. Water is one line coming into the unit with 2 separate water meters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,240
Year Built
- Built in 1882
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 70 x 121
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2,284 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Washer Hookup
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 2 Parking Spaces
- Off-Street Parking
Location
- Suburban Location
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electric, fuel, trash collection, water
- The owner pays for lawn maintenance, maintenance, tax, trash collection
- Assessor Parcel Number 71-08-12-408-011.000-026
Community Details
Overview
- 2 Units
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,040
- Maintenance Expense $1,440
- Water Sewer Expense $1,392
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 11, 2021
Sold by
5Geninvestments Llc
Bought by
Ferraro Alex
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$47,594
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$64,169
Purchase Details
Listed on
Sep 24, 2020
Closed on
Nov 18, 2020
Sold by
Mcmahon Kevin P and Mcmahon Dorothy R
Bought by
5Geninvestments Llc
Seller's Agent
Laurie LaDow
Cressy & Everett - South Bend
Buyer's Agent
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Purchase Details
Closed on
Nov 18, 2008
Sold by
Housing Development Corp
Bought by
Mcmahan Kevin P and Mcmahan Dorothy R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferraro Alex | -- | Fidelity National Title | |
| 5Geninvestments Llc | -- | Fidelity National Title | |
| Mcmahan Kevin P | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferraro Alex | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2020 11/27/20 | Sold | $65,000 | -13.3% | $28 / Sq Ft |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | For Sale | $75,000 | 0.0% | $33 / Sq Ft |
| 09/28/2020 09/28/20 | Pending | -- | -- | -- |
| 09/24/2020 09/24/20 | For Sale | $75,000 | -- | $33 / 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 | $1,657 | $80,900 | $6,000 | $74,900 |
| 2023 | $1,571 | $65,900 | $6,000 | $59,900 |
| 2022 | $1,627 | $80,900 | $6,000 | $74,900 |
| 2021 | $1,627 | $73,900 | $5,600 | $68,300 |
| 2020 | $1,555 | $63,000 | $5,600 | $57,400 |
| 2019 | $1,283 | $73,100 | $4,800 | $68,300 |
| 2018 | $1,795 | $72,100 | $4,800 | $67,300 |
| 2017 | $1,855 | $71,400 | $4,800 | $66,600 |
| 2016 | $1,893 | $71,400 | $4,800 | $66,600 |
| 2014 | $1,881 | $70,800 | $4,800 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
(574) 252-4111
4 in this area
115 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202038573
APN: 71-08-12-408-011.000-026
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