NOT LISTED FOR SALE

625 Clinton St South Bend, IN 46601

Monroe Park Neighborhood

Estimated Value: $107,000 - $189,000

6 Beds
2.5 Baths
2,848 Sq Ft
$51/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $150,000 $53 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,001/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Community Storage Space

About This Home

As of October 2022

Here is a wonderful duplex that sits in a corner lot on a quiet street. Whether you are a seasoned investor looking to add to your portfolio or if you are just getting started and want the potential for positive cash flow, this house is for you. Both units of this duplex are currently rented on a month to month bases.

Last Agent to Sell the Property

Adam Jasin

Irish Realty Listed on: 08/11/2022

Last Buyer's Agent

Megan Bilderback

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1918

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54 x 121
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Lincoln Elementary School
  • Navarre Middle School
  • Riley High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, tax, trash collection, water
  • Assessor Parcel Number 71-08-12-408-021.000-026

Community Details

Overview

  • 2 Units
  • Rush Subdivision

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $1,643
  • Water Sewer Expense $1,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,618

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1918
  • Age: 104
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Ex 40'N Side Lot 51 & All Of Lot 50 Replat & Resurvey Of Rushs 3rd
  • Parcel Number ID: 71-08-12-408-021.000-026
  • Platted: Yes
  • Amenities: Storage
  • Sp Lp Percent: 94.34
  • Monthly Gross Income: 1175
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2848
  • Total Finished Sq Ft: 2848
  • Above Grade Finished Sq Ft: 2848
  • Price Per Sq Ft: 52.67
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1643
  • Annual Water Sewer Expense: 1236
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 54 x 121
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1175
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2618.32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 13, 2022
Sold by
Petty Joseph and Petty Adriana
Bought by
Grey Oak Fund I Lp
Seller's Agent
Adam Jasin
Irish Realty
Buyer's Agent
Megan Bilderback
Cressy & Everett - South Bend
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Views
81
Current Estimated Value
$144,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,946
Avg. Annual Appreciation
-1.36%
Original Mortgage
$112,500
Outstanding Balance
$108,375
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$35,679

Purchase Details

Closed on
Nov 12, 2020
Sold by
Justice David J and Justice Margaret H
Bought by
Petty Joseph and Petty Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2020
Sold by
Justice David J and Justice Margaret H
Bought by
Petty Joseph and Petty Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
2.8%
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
Grey Oak Fund I Lp -- --
Petty Joseph -- None Available
Petty Joseph -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grey Oak Fund I Lp $112,500
Previous Owner Petty Joseph $39,000
Previous Owner Petty Joseph $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $150,000 -5.7% $53 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $159,000 -- $56 / 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 $2,856 $116,500 $4,700 $111,800
2023 $2,788 $116,200 $4,700 $111,500
2022 $2,788 $116,200 $4,700 $111,500
2021 $2,618 $105,500 $4,400 $101,100
2020 $2,618 $105,500 $4,400 $101,100
2019 $1,241 $59,900 $3,800 $56,100
2018 $1,473 $59,900 $3,800 $56,100
2017 $1,522 $59,300 $3,800 $55,500
2016 $1,554 $59,300 $3,800 $55,500
2014 $1,532 $58,600 $3,800 $54,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adam Jasin

    Irish Realty

    (574) 233-6141

    1 in this area

    19 Total Sales

    Adam Jasin
    Section Image
  • Megan Bilderback

    Buyer's Agent in 2022

    Megan Bilderback

    Cressy & Everett - South Bend

    (260) 585-3174

    1 in this area

    135 Total Sales

    Megan Bilderback
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202233384

Indiana Regional MLS

APN: 71-08-12-408-021.000-026

Indiana St Joseph County South Bend 46601 Monroe Park

625 Clinton St, South Bend, IN

This home is located at 625 Clinton St, South Bend, IN 46601 since 11 August 2022 and is currently estimated at $144,054, approximately $50 per square foot. This property was built in 1918. 625 Clinton St 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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