$170,000

Estimated payment $1,113/month

Total Views 22,748
4 Beds
2 Baths
1,624 Sq Ft
$105 Price per Sq Ft

Highlights

  • Wood Flooring
  • Balcony
  • Level Lot
  • Adams High School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

Great income producing property subject to tenant rights, please do not disturb. Total gross monthly income is $1600.

Listing Agent

Valerie Swihart

Pyramid Realty LLC Listed on: 05/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,313

Year Built

  • Built in 1886

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Schools

  • Madison Elementary School
  • Lasalle Academy Middle School
  • Clay High School

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-432-024.000-026

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,400
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,313

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1886
  • Age: 139
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 31 BURROUGHS SUB OF BOL 115 & LOT 12 F W KELLER SUB OF LOTS 16, 17, 18, 32 OF BURROUGHS SUB
  • Parcel Number ID: 71-08-02-432-024.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Balcony
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2026
  • Special Features: None

Interior Features

  • Total Sq Ft: 2388
  • Total Finished Sq Ft: 1624
  • Above Grade Finished Sq Ft: 1624
  • Below Grade Sq Ft: 764
  • Price Per Sq Ft: 104.68
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Vinyl, Wood
  • Total Below Grade Sq Ft: 764
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2400
  • Annual Insurance Expense: 1800
  • Annual Maintenance Expense: 2000
  • Annual Water Sewer Expense: 1800

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Lasalle Academy
  • High School: Clay
  • Elementary School: Madison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X142
  • Estimated Lot Sq Ft: 7100
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 3112

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Water

Tax Info

  • Total Assessed Value: 94500
  • Annual Property Tax: 2313

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,348 $94,500 $19,800 $74,700
2023 $2,277 $94,900 $19,800 $75,100
2022 $2,277 $94,900 $19,800 $75,100
2021 $1,968 $80,200 $11,500 $68,700
2020 $1,968 $80,200 $11,500 $68,700
2019 $1,676 $79,500 $10,800 $68,700
2018 $1,979 $81,100 $10,800 $70,300
2017 $2,047 $80,300 $10,800 $69,500
2016 $2,090 $80,300 $10,800 $69,500
2014 $2,075 $79,400 $10,800 $68,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 For Sale $170,000 -- $105 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Drake Andrew R
Warranty Deed -- Fidelity National Title
Interfamily Deed Transfer -- Lsi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,500 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202515706

Indiana Regional MLS

APN: 71-08-02-432-024.000-026