$54,000
SOLD JUN 3, 2019

718 E Colfax Ave South Bend, IN 46617

Howard Park-East Bank Neighborhood
2 Beds
2 Baths
1,175 Sq Ft
3,629 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

26 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Level Lot
  • Adams High School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of June 2019

Here's your chance to flip SOuth Bend! Lots of original old world charm! Front unit has 1 bedroom, LR, Bath and eat in kitchen; back unit has kitchen, bath, bedroom and LR plus basement access. Off street parking. Originally zoned as Commercial.

Last Agent to Sell the Property

Pam Proctor

Cressy & Everett - South Bend Listed on: 04/05/2019

Cressy & Everett - South Bend

Last Buyer's Agent

Stephanie Larimore

RE/MAX 100

RE/MAX 100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1898

Lot Details

  • 3,629 Sq Ft Lot
  • Lot Dimensions are 55x66
  • Level Lot

Home Design

  • Duplex
  • Cedar

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Mckinley Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 71-08-12-209-005.000-026

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1898
  • Age: 121
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W 55 ft lot 234 Cottrells 1st Addition to Lowell
  • Parcel Number ID: 71-08-12-209-005.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Attic-Walk-up, Countertops-Laminate, Eat-In Kitchen
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 2175
  • Total Finished Sq Ft: 1175
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Unfinished Sq Ft: 500
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 45.96
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Vinyl, Wood
  • Total Below Grade Sq Ft: 500
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Cedar
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Mckinley
  • Middle School: Jefferson
  • High School: Adams
  • Elementary School: Mckinley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55x66
  • Estimated Lot Sq Ft: 3629
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 1200

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 6, 2019
Sold by
Scott Lemarr
Bought by
Brower Donald and Hill Sarah C
Seller's Agent
Pam Proctor
Cressy & Everett - South Bend
Buyer's Agent
Stephanie Larimore
RE/MAX 100
List Price
$54,000
Sold Price
$54,000
Current Estimated Value
$176,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,800
Avg. Annual Appreciation
26.40%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Kane Donna M
Bought by
Lemarr Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
8.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $91,000 New Conventional
Closed $91,000 New Conventional
Previous Owner $55,800 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $54,000 0.0% $46 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $54,000 -- $46 / 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 $1,557 $61,500 $11,400 $50,100
2023 $1,471 $61,700 $11,400 $50,300
2022 $1,481 $61,700 $11,400 $50,300
2021 $1,351 $54,500 $8,700 $45,800
2020 $1,351 $54,500 $8,700 $45,800
2019 $1,017 $48,700 $5,900 $42,800
2018 $1,206 $48,700 $5,900 $42,800
2017 $1,239 $48,000 $5,900 $42,100
2016 $1,265 $48,000 $5,900 $42,100
2014 $1,236 $47,300 $5,900 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Pam Proctor

    Seller's Agent in 2019

    Pam Proctor

    Cressy & Everett - South Bend

    (574) 707-9357

    1 in this area

    102 Total Sales

    Pam Proctor
    Section Image
  • Stephanie Larimore

    Buyer's Agent in 2019

    Stephanie Larimore

    RE/MAX

    (206) 619-1996

    3 in this area

    109 Total Sales

    Stephanie Larimore
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Map

Source: Indiana Regional MLS

MLS Number: 201912216

Indiana Regional MLS

APN: 71-08-12-209-005.000-026

Indiana St Joseph County South Bend 46617 Howard Park-East Bank

718 E Colfax Ave, South Bend, IN

This home is located at 718 E Colfax Ave, South Bend, IN 46617 and is currently priced at $54,000, approximately $45 per square foot. This property was built in 1898. 718 E Colfax Ave is a home located in St. Joseph County with nearby schools including Nuner Fine Arts Academy, Jefferson Intermediate Traditional 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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