NOT LISTED FOR SALE

707 Lindenwood Dr S Unit 2 South Bend, IN 46637

Estimated Value: $184,000 - $274,945

4 Beds
4 Baths
1,148 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $131,000 $114 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,636/month

7 Days on Market

Highlights

  • Corner Lot
  • Laundry in Utility Room
  • Carpet
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2020

This well maintained side by side duplex in Laurel Woods has great cash flow and is located near the end of the street for a quiet and semi-private feel. Both units have decks off dinette. With so many updates like roof, furnaces, A/C's, water heaters, and more, this is a turn-key property waiting for a new buyer. 2nd unit address is 711. Interior photos are of 707 only. Stove in 711 belongs to tenant. Washers and dryers belong to tenants. ***NO SHOWINGS UNTIL FURTHER NOTICE***

Last Agent to Sell the Property

Debbie Speth

At Home Realty Group Listed on: 05/28/2020

Last Buyer's Agent

Rodger Pendl

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1988

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 109 x 141
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Darden Primary Center Elementary School
  • Clay Middle School
  • Clay High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 71-03-14-404-027.000-004

Community Details

Overview

  • 2 Units
  • Laurel Wood / Laurelwood Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,774

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1988
  • Age: 32
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 60 Laurel Woods (PUD) SECTION TWO
  • Parcel Number ID: 71-03-14-404-027.000-004
  • Platted: Yes
  • Amenities: Deck Open
  • Sp Lp Percent: 100.85
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2019
  • Special Features: Auction

Interior Features

  • Total Sq Ft: 1148
  • Total Finished Sq Ft: 1148
  • Above Grade Finished Sq Ft: 1148
  • Price Per Sq Ft: 114.11
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1148
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Darden Primary Center
  • Middle School: Clay
  • High School: Clay
  • Elementary School: Darden Primary Center

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 109 x 141
  • Estimated Lot Sq Ft: 15368
  • Estimated Lot Size Acres: 0.3528
  • Lot Number: 60

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 88700
  • Annual Property Tax: 1774

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 18, 2020
Sold by
Eleanor C Krueper Living Trust
Bought by
Uthuppan Elvin Alex
Seller's Agent
Debbie Speth
At Home Realty Group
Buyer's Agent
Rodger Pendl
eXp Realty, LLC
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%
Current Estimated Value
$230,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,736
Avg. Annual Appreciation
11.64%
Original Mortgage
$98,250
Outstanding Balance
$87,351
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$143,386

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 12, 2020
Sold by
Eleanor C Krueper Living Trust
Bought by
Uthuppan Elvin Alex
Seller's Agent
Debbie Speth
At Home Realty Group
Buyer's Agent
Rodger Pendl
eXp Realty, LLC
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Outstanding Balance
$87,351
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$143,386

Purchase Details

Closed on
Jun 23, 2015
Sold by
Krueper Eleanor C and Sanfratello Coppens Linda M
Bought by
Krueper Trust

Purchase Details

Closed on
May 17, 2007
Sold by
Schwelnus Herbert W
Bought by
Krueper Eleanor C and Sanfratello Coppens Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Uthuppan Elvin Alex $130,672 Metropolitan Title
Uthuppan Elvin Alex -- Metropolitan Title
Krueper Trust -- --
Krueper Eleanor C -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uthuppan Elvin Alex $98,250
Closed Uthuppan Elvin Alex $98,250
Previous Owner Krueper Eleanor C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $131,000 +0.8% $114 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $129,900 -- $113 / 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 $4,947 $194,500 $65,500 $129,000
2023 $4,876 $203,700 $65,500 $138,200
2022 $4,967 $203,700 $65,500 $138,200
2021 $2,995 $121,500 $10,200 $111,300
2020 $2,220 $88,700 $7,400 $81,300
2019 $1,865 $88,700 $7,400 $81,300
2018 $2,307 $92,000 $7,400 $84,600
2017 $2,297 $90,100 $7,400 $82,700
2016 $2,151 $82,500 $7,400 $75,100
2014 $2,117 $81,000 $7,400 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202019308

Indiana Regional MLS

APN: 71-03-14-404-027.000-004