NOT LISTED FOR SALE

618 Lincoln Way E South Bend, IN 46601

Monroe Park Neighborhood

Estimated Value: $110,000 - $168,542

3 Beds
2 Baths
1,816 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $30,000 $17 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $963/month

8 Days on Market

About This Home

As of November 2015

DUPLEX, UNIT A IS 1BR 1 BA, UNIT B IS 2BR 1BA. OFF STREET PARKING BEHIND HOME. UNITS ARE 100% OCCUPIED. SELLER WILL ONLY SELL AS PART OF PORTFOLIO THAT INCLUDES MLS #'S 201546137, 201546138, 201546141, 201546142, 201546143, 201546139, 201546140, 201546147, 201546153, 201546156 ALL FOR $210,000.

Last Agent to Sell the Property

Stephen Bizzaro

Howard Hanna SB Real Estate Listed on: 09/27/2015

Last Buyer's Agent

Stephen Bizzaro

Howard Hanna SB Real Estate Listed on: 09/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 53 x 128
  • Irregular Lot

Parking

  • 12 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Laundry in Basement
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Jefferson Middle School
  • Riley High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal
  • Assessor Parcel Number 71-08-12-404-008.000-026

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 $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$672

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1901
  • Age: 114
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 1 SOUTH STREET MINOR SUB NP#8201 11-17-11 |
  • Parcel Number ID: 71-08-12-404-008.000-026
  • Platted: Yes
  • Amenities: Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1025
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 3624
  • Total Finished Sq Ft: 1816
  • Above Grade Finished Sq Ft: 1816
  • Above Grade Unfinished Sq Ft: 900
  • Below Grade Sq Ft: 908
  • Price Per Sq Ft: 16.52
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 908
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 53 X 128
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1025
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 672

MLS Schools

  • High School: Riley
  • Middle School: Jefferson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Rx Investment Llc
Bought by
Forslund Evan
Current Estimated Value
$141,136

Purchase Details

Listed on
Sep 27, 2015
Closed on
Nov 30, 2015
Sold by
Trajectory Inv Group Llc
Bought by
Rx Inv Llc
Seller's Agent
Stephen Bizzaro
Howard Hanna SB Real Estate
Buyer's Agent
Stephen Bizzaro
Howard Hanna SB Real Estate
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.84%

Purchase Details

Closed on
Aug 29, 2013
Sold by
South Bend Redevelopment Dept
Bought by
Trajectory Investment Group
Source: Public Records

Range of Values:

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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
Forslund Evan $230,000 Fidelity National Title
Rx Inv Llc -- Fidelity National Title
Trajectory Investment Group -- Meridian Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $30,000 0.0% $17 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/27/2015 09/27/15 For Sale $30,000 -- $17 / 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 $2,582 $106,500 $4,400 $102,100
2023 $3,588 $149,500 $4,400 $145,100
2022 $3,588 $149,500 $4,400 $145,100
2021 $1,181 $47,400 $4,200 $43,200
2020 $893 $35,400 $3,200 $32,200
2019 $809 $38,300 $6,700 $31,600
2018 $869 $34,600 $3,000 $31,600
2017 $897 $34,300 $3,000 $31,300
2016 $915 $34,300 $3,000 $31,300
2014 $1,968 $75,300 $3,200 $72,100
Source: Public Records

Agents Affiliated with this Home

  • Stephen Bizzaro

    Seller's Agent in 2015

    Stephen Bizzaro

    Howard Hanna SB Real Estate

    (574) 229-4040

    1 in this area

    314 Total Sales

    Stephen Bizzaro
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Map

Source: Indiana Regional MLS

MLS Number: 201546137

Indiana Regional MLS

APN: 71-08-12-404-008.000-026

Indiana St Joseph County South Bend 46601 Monroe Park

618 Lincoln Way E, South Bend, IN

This home is located at 618 Lincoln Way E, South Bend, IN 46601 since 27 September 2015 and is currently estimated at $141,136, approximately $77 per square foot. This property was built in 1901. 618 Lincoln Way E is a home located in St. Joseph County with nearby schools including Lincoln Elementary School, Navarre 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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