NOT LISTED FOR SALE

Estimated Value: $199,000 - $298,445

5 Beds
4 Baths
3,024 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $181,000 $60 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,537/month

6 Days on Market

Highlights

  • Baseboard Heating
  • Adams High School Rated A-
  • Level Lot

About This Home

As of June 2023

**Please read agent remarks showing must be confirmed by tenants 48 hours in advance. 48 hour notice for all showings: All units occupied. Tenant may be home for showings.4 Unit Multi-Family:unit 1: 2 bed/1 bath $650/month - Lease expires 4/30/2024 unit 2: 1 Bed/1 bath $450/month - Lease expired - month to month unit 3: 1 Bed/1Bath $425/month - Lease expired - month to month unit 4: 1 Bed/1 bath $667/month - Lease expired - month to monthTenants responsible for Electric. Electric baseboard heat throughout. This property can be purchased as a package of 3 homes: 1014 S 21st St South Bend - 202317017 1301 Fremont St South Bend - 202317013 619 W Lasalle South Bend - 202317008 - 4 plex

Last Agent to Sell the Property

David Thomas

Cressy & Everett- Elkhart Listed on: 05/11/2023

Cressy & Everett- Elkhart

Last Buyer's Agent

Joe Colvin

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1886

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51x156
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Madison Elementary School
  • Navarre Middle School
  • Adams High School

Utilities

  • Baseboard Heating

Community Details

  • 4 Units
  • Studebaker Subdivision

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, maintenance, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 71-08-11-226-003.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,443

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1886
  • Age: 137
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 4 Studebaker Sub Bol 4
  • Parcel Number ID: 71-08-11-226-003.000-026
  • Platted: Yes
  • Sp Lp Percent: 113.84
  • Monthly Gross Income: 2192
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 4158
  • Total Finished Sq Ft: 3024
  • Above Grade Finished Sq Ft: 3024
  • Below Grade Sq Ft: 1134
  • Price Per Sq Ft: 59.85
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Total Below Grade Sq Ft: 1134
  • Number Of Ranges Ovens: 4

Exterior Features

  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Madison
  • Middle School: Navarre
  • High School: Adams
  • Elementary School: Madison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51x156
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Owner Pays: Tax
  • Tenant Pays: Cooling, Electric, Heating, Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2192
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2443.3

MLS Schools

  • High School: Adams
  • Middle School: Navarre
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Cap Investing Llc
Bought by
Hawthorn Robert
Current Estimated Value
$246,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2023
Sold by
Romeo Capital 2012 Llc
Bought by
Maya Capital Llc

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 25, 2023
Sold by
Maya Capital Llc
Bought by
Cap Investing Llc
Seller's Agent
David Thomas
Cressy & Everett- Elkhart
Buyer's Agent
Joe Colvin
eXp Realty, LLC
List Price
$159,000
Sold Price
$181,000
Premium/Discount to List
$22,000
13.84%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%
Original Mortgage
$162,900
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 4, 2015
Sold by
Margaht Uri and Margaht Ruhama
Bought by
Romeo Capital 2012 Llc

Purchase Details

Closed on
Sep 14, 2012
Sold by
Barak Group Llc
Bought by
Margalit Uri and Margalit Ruhama

Purchase Details

Closed on
Aug 21, 2012
Sold by
Owb Reo Llc
Bought by
Barak Group Llc

Purchase Details

Closed on
Apr 26, 2012
Sold by
Raffoul Paul F
Bought by
Owb Reo Llc

Purchase Details

Closed on
Jun 11, 2007
Sold by
Smith Valerie
Bought by
Raffoul Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,725
Interest Rate
10%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 2006
Sold by
Cottage One Properties Inc
Bought by
Smith Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2005
Sold by
Smith Charlotte R
Bought by
Daniels Dennis W and Daniels Randall G
Source: Public Records

Range of Values:

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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
Hawthorn Robert $284,000 Landsel Title Agency
Maya Capital Llc -- Fidelity National Title Compan
Cap Investing Llc $112,000 Fidelity National Title
Maya Capital Llc $112,000 Fidelity National Title Compan
Romeo Capital 2012 Llc -- --
Margalit Uri -- Lawyers Title
Barak Group Llc -- --
Owb Reo Llc $22,500 None Available
Raffoul Paul F -- Abc Title
Smith Valerie -- Metorpolitna Title In Llc
Daniels Dennis W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawthorn Robert $192,500
Previous Owner Cap Investing Llc $162,900
Previous Owner Raffoul Paul F $134,725
Previous Owner Smith Valerie $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $181,000 +13.8% $60 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $159,000 0.0% $53 / Sq Ft
05/31/2023 05/31/23 Price Changed $159,000 -- $53 / 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 $2,749 $109,400 $4,700 $104,700
2023 $2,620 $109,900 $4,700 $105,200
2022 $2,637 $109,900 $4,700 $105,200
2021 $2,443 $100,000 $4,500 $95,500
2020 $2,443 $100,000 $4,500 $95,500
2019 $2,033 $99,500 $4,000 $95,500
2018 $2,419 $99,500 $4,000 $95,500
2017 $2,625 $103,400 $4,000 $99,400
2016 $2,679 $103,400 $4,000 $99,400
2014 $2,687 $102,800 $4,000 $98,800
2013 $2,693 $102,800 $4,000 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317008

Indiana Regional MLS

APN: 71-08-11-226-003.000-026