NOT LISTED FOR SALE

724 W Colfax Ave South Bend, IN 46601

West Washington Neighborhood

Estimated Value: $142,000 - $222,000

4 Beds
3 Baths
3,047 Sq Ft
$65/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $205,000 $67 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,385/month

About This Home

As of July 2024

Duplex with ADU, access to washer & Dryer in entryway. Unit 1(Front main level): Includes Refrigerator and Electric range. Living room, 1 Bedroom, 1 Bathroom (bathtub/shower), and Kitchen. Unit 2(Upper level): Includes Refrigerator, microwave, and Electric range. Living room, 1 Bedroom, 1 Bathroom (stall shower, no tub), and Kitchen. Unit3 (Rear Accessory Dwelling Unit -ADU): Currently has a month to month tenant, this is the back unit #3, tenant does not enter through the main entrance. Includes Refrigerator, and Electric range. Living room, 1 Bedroom, 1 Bathroom, and Kitchen.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Jul 30, 2024
Sold by
Richardson Jordan
Bought by
Brown Coy and Horvath Heather
Seller's Agent
Angel Rhodes
Howard Hanna SB Real Estate
Buyer's Agent
Angel Rhodes
Howard Hanna SB Real Estate
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Views
2
Current Estimated Value
$197,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,317
Avg. Annual Appreciation
-3.06%
Original Mortgage
$201,286
Outstanding Balance
$199,008
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
-$1,325

Purchase Details

Listed on
Jul 16, 2024
Closed on
Jul 24, 2024
Sold by
Richardson Jordan
Bought by
Brown Coy and Horvath Heather
Seller's Agent
Angel Rhodes
Howard Hanna SB Real Estate
Buyer's Agent
Angel Rhodes
Howard Hanna SB Real Estate
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Outstanding Balance
$199,008
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
-$1,325

Purchase Details

Listed on
Sep 4, 2015
Closed on
Sep 28, 2016
Sold by
Barnard William H
Bought by
Richardson Jordan
Seller's Agent
Diane Bennett
Inspired Homes Indiana
Buyer's Agent
Diane Bennett
Inspired Homes Indiana
List Price
$139,000
Sold Price
$116,000
Premium/Discount to List
-$23,000
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$113,898
Interest Rate
3.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Brown Coy $208,000 None Listed On Document
Brown Coy $208,000 None Listed On Document
Richardson Jordan -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Coy $201,286
Closed Brown Coy $201,286
Previous Owner Richardson Jordan $113,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $205,000 -6.8% $72 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $220,000 +89.7% $77 / Sq Ft
09/30/2016 09/30/16 Sold $116,000 -16.5% $41 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $139,000 -- $49 / Sq Ft

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 $4,049 $203,600 $4,200 $199,400
2023 $4,020 $209,200 $4,200 $205,000
2022 $4,063 $209,200 $4,200 $205,000
2021 $2,851 $146,100 $5,400 $140,700
2020 $1,326 $111,100 $4,000 $107,100
2019 $1,040 $99,700 $3,600 $96,100
2018 $1,192 $100,800 $3,600 $97,200
2017 $1,201 $98,700 $3,600 $95,100
2016 $687 $59,600 $10,400 $49,200
2014 $1,524 $59,000 $10,400 $48,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Angel Rhodes

    Howard Hanna SB Real Estate

    (574) 229-8570

    1 in this area

    3 Total Sales

    Angel Rhodes
    Section Image
  • Diane Bennett

    Seller's Agent in 2016

    Diane Bennett

    Inspired Homes Indiana

    (574) 968-4236

    52 Total Sales

    Diane Bennett
    Section Image
See All Agents

Map

Indiana St Joseph County South Bend 46601 West Washington

724 W Colfax Ave, South Bend, IN

This home is located at 724 W Colfax Ave, South Bend, IN 46601 and is currently estimated at $197,683, approximately $64 per square foot. 724 W Colfax Ave is a home located in St. Joseph County with nearby schools including Madison STEAM Academy, Navarre Middle 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.

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