721 Riverside Dr South Bend, IN 46601
Near Northwest NeighborhoodEstimated Value: $171,000 - $295,000
2
Beds
2.5
Baths
2,860
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Water Views
- Open Floorplan
- Backs to Open Ground
- Adams High School Rated A-
- Traditional Architecture
- 3-minute walk to Navarre Cabin At Leeper Park
About This Home
As of April 2019Location, Location, Location-Attention Investors, this duplex is located 2 1/2 blocks to Memorial Hospital, Leeper Park and 1 mile to Notre Dame. What a terrific idea to live on the first floor and rent out the second to pay your house payment! This 2 story brick home is right across the street from the St. Joe River and does not have any flooding issues! You could also convert this to a single family home and have 4 bedrooms and 2 1/2 baths. You will feel right at home when you walk up to the front porch. Large living room and dining room with hardwood floors. There is a cozy sunroom with a fireplace that overlooks the river. Kitchen cabinets are newer as well as the first floor appliances. Huge Laundry room or nice size office/guest room with access to the 1/2 bathroom. Throughout this home you will find unique touches of the past yet many modern updates- hardwoods, crown molding, built in linen cabinets with drawers and sprinkling system. UPPER LEVEL- family room, dining area, kitchen, 2-3 bedrooms and a full bath. All with a separate entrance. Separate furnace and electric meters. The owner pays the water bill. Cash Only.
Last Listed By
Kristi Ryan
RE/MAX 100 Listed on: 08/27/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,082
Year Built
- Built in 1922
Lot Details
- 3,825 Sq Ft Lot
- Lot Dimensions are 51 x 75
- Backs to Open Ground
- Corner Lot
- Irrigation
- Historic Home
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Water Views
- Home Security System
- Laundry in Utility Room
Kitchen
- Breakfast Bar
- Laminate Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Enclosed patio or porch
- Suburban Location
Listing and Financial Details
- Home warranty included in the sale of the property
- Homestead Exemption
- Tenant pays for electric, heating, snow removal, trash collection
- The owner pays for alarm, building insurance, lawn maintenance, sewer, water
- Assessor Parcel Number 71-08-01-327-034.000-026
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Maintenance Expense $500
- Water Sewer Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2018
Closed on
Apr 17, 2019
Sold by
Wolvos Trust
Bought by
Davidson Thomas John
Seller's Agent
Kristi Ryan
RE/MAX 100
Buyer's Agent
Deborah Wolff
Milestone Realty, LLC
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Total Days on Market
204
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,714
Avg. Annual Appreciation
5.03%
Original Mortgage
$140,000
Interest Rate
4.2%
Mortgage Type
New Conventional
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Similar Homes in South Bend, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davidson Thomas John | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davidson Thomas John | $141,600 | |
| Closed | Davidson Thomas John | $141,600 | |
| Closed | Davidson Thomas John | $141,600 | |
| Closed | Davidson Thomas John | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $175,000 | -2.8% | $61 / Sq Ft |
| 03/19/2019 03/19/19 | Pending | -- | -- | -- |
| 10/31/2018 10/31/18 | Price Changed | $180,000 | -7.6% | $63 / Sq Ft |
| 10/30/2018 10/30/18 | For Sale | $194,900 | 0.0% | $68 / Sq Ft |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- |
| 08/27/2018 08/27/18 | For Sale | $194,900 | -- | $68 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,508 | $142,100 | $14,700 | $127,400 |
| 2023 | $1,658 | $142,700 | $14,600 | $128,100 |
| 2022 | $1,658 | $141,800 | $14,600 | $127,200 |
| 2021 | $1,490 | $125,100 | $8,500 | $116,600 |
| 2020 | $1,489 | $125,100 | $8,500 | $116,600 |
| 2019 | $1,294 | $124,900 | $8,300 | $116,600 |
| 2018 | $1,114 | $94,400 | $8,300 | $86,100 |
| 2017 | $1,121 | $92,500 | $8,300 | $84,200 |
| 2016 | $1,138 | $92,500 | $8,300 | $84,200 |
| 2014 | $1,092 | $91,600 | $8,300 | $83,300 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2019
Kristi Ryan
RE/MAX
-
Deborah Wolff
Buyer's Agent in 2019
Deborah Wolff
Milestone Realty, LLC
(574) 340-0652
2 in this area
109 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201838710
APN: 71-08-01-327-034.000-026
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