NOT LISTED FOR SALE
28 Beds
28 Baths
22,500 Sq Ft
0.38 Acres

Last Sold December 03, 2018

Last sale price $525,000 $23 Per Sq Ft

113 Days on Market

Highlights

  • 0.38 Acre Lot
  • Hot Water Heating System
  • 2-minute walk to James R. Sietz Park
  • Lake Property
  • Partially Carpeted

About This Home

As of December 2018

28 Unit apartment building with three additional properties and parking lot included in the purchase price. Historic brick construction, wide hallways for easy access. 215 Bronson included in purchase price. Property needs some updating. Lots of opportunity with the classic building.

Last Agent to Sell the Property

David St. Clair

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 07/17/2018

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

David St. Clair

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 07/17/2018

Weichert Rltrs-J.Dunfee&Assoc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,468

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 31 x 125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Partially Carpeted
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 28 Full Bathrooms

Parking

  • 40 Parking Spaces
  • Paved Parking

Outdoor Features

  • Lake Property

Schools

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electric, heating, lawn maintenance, maintenance, sewer, tax, trash collection
  • Assessor Parcel Number 71-08-12-331-016.000-026

Community Details

Overview

  • 28 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $20,357
  • Insurance Expense $5,802
  • Maintenance Expense $8,698

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,468

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1920
  • Age: 98
  • Style: Multi-Story (3+)
  • Bedrooms: 28
  • Number Above Grade Bedrooms: 28
  • Total Bathrooms: 28
  • Total Full Bathrooms: 28
  • Legal Description: Lots 69 & 70 & 31' X 125' Cor of Lot 71 Taylor Field Add SEE AGENT REMARKS |
  • Parcel Number ID: 71-08-12-331-016.000-026
  • Platted: Yes
  • Amenities: Cable Available
  • Sp Lp Percent: 75
  • Monthly Gross Income: 8474
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 22500
  • Total Finished Sq Ft: 22500
  • Above Grade Finished Sq Ft: 16875
  • Below Grade Finished Sq Ft: 5625
  • Price Per Sq Ft: 31.11
  • Basement Foundation: Walk-Out Basement
  • Flooring: Part Carpet
  • Total Below Grade Sq Ft: 5625
  • Number Of Ranges Ovens: 28

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 40
  • Parking: Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 20357
  • Annual Insurance Expense: 5802
  • Annual Maintenance Expense: 8698

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: Lake, 0-2.9999
  • Lot Dimensions: 31 X 125
  • Estimated Lot Sq Ft: 16335
  • Estimated Lot Size Acres: 0.375

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection

Multi Family

  • Gross Monthly Rent: 13930
  • Number Of Refrigerators: 28
  • Number Of Units: 28
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 24
  • Num Of Units Rented: 23

Tax Info

  • Annual Property Tax: 5468

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $525,000 -25.0% $23 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $700,000 -- $31 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201831367

Indiana Regional MLS