NOT LISTED FOR SALE

624 Portage Ave South Bend, IN 46616

Near Northwest Neighborhood

Estimated Value: $78,000 - $158,519

3 Beds
3 Baths
2,316 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $32,000 $14 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $912/month

68 Days on Market

Highlights

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

About This Home

As of October 2017

Handyman/Contractor/Investor special. This triplex has all new wiring and has beautiful historic features. 3 units that are all have one bedroom each or this can be redone to be a duplex or a large single family home. Many of the materials needed are in the building. 3 parking spaces in the back off of the street. Motivated seller.

Last Agent to Sell the Property

Valerie Swihart

Pyramid Realty LLC Listed on: 06/23/2017

Last Buyer's Agent

Valerie Swihart

Pyramid Realty LLC Listed on: 06/23/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 33x120
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, water
  • Assessor Parcel Number 71-08-02-434-004.000-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1903
  • Age: 114
  • Style: Three Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 33 1-3' NWLY SIDE LOT 6 FASSNACHTS SUB
  • Parcel Number ID: 71-08-02-434-004.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 80
  • Special Features: None

Interior Features

  • Total Sq Ft: 3528
  • Total Finished Sq Ft: 2316
  • Above Grade Finished Sq Ft: 2104
  • Below Grade Finished Sq Ft: 212
  • Above Grade Unfinished Sq Ft: 1000
  • Below Grade Sq Ft: 212
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Wood
  • Total Below Grade Sq Ft: 424

Exterior Features

  • Exterior: Vinyl
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33x120
  • Estimated Lot Sq Ft: 3960
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Owner Pays: Fuel, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 78900
  • Annual Property Tax: 1500

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Oct 12, 2017
Sold by
Kochmar Trust
Bought by
Two Brothers Real Investments
Seller's Agent
Valerie Swihart
Pyramid Realty LLC
Buyer's Agent
Valerie Swihart
Pyramid Realty LLC
List Price
$47,500
Sold Price
$32,000
Premium/Discount to List
-$15,500
-32.63%
Current Estimated Value
$132,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,630
Avg. Annual Appreciation
20.00%
Original Mortgage
$56,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Two Brothers Real Investments -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Brothers Real Estate Inves $70,000
Closed Two Brothers Real Estate Inves $70,000
Closed Two Brothers Real Est Inv Llp $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $32,000 -32.6% $14 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $47,500 -- $21 / 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 $2,133 $91,700 $12,000 $79,700
2023 $957 $39,900 $12,000 $27,900
2022 $957 $39,900 $12,000 $27,900
2021 $842 $32,400 $6,900 $25,500
2020 $821 $32,400 $6,900 $25,500
2019 $730 $32,200 $6,700 $25,500
2018 $812 $79,700 $6,700 $73,000
2017 $2,012 $78,900 $6,700 $72,200
2016 $2,054 $78,900 $6,700 $72,200
2014 $1,079 $41,300 $2,300 $39,000
Source: Public Records

Agents Affiliated with this Home

  • Valerie Swihart

    Seller's Agent in 2017

    Valerie Swihart

    Pyramid Realty LLC

    (574) 334-8989

    4 in this area

    150 Total Sales

    Valerie Swihart
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Map

Source: Indiana Regional MLS

MLS Number: 201728777

Indiana Regional MLS

APN: 71-08-02-434-004.000-026

Indiana St Joseph County South Bend 46616 Near Northwest

624 Portage Ave, South Bend, IN

This home is located at 624 Portage Ave, South Bend, IN 46616 since 23 June 2017 and is currently estimated at $132,630, approximately $57 per square foot. This property was built in 1903. 624 Portage Ave is a home located in St. Joseph County with nearby schools including Madison STEAM Academy, Edison Middle School, and Adams 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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