NOT LISTED FOR SALE

725 Lincolnway E South Bend, IN 46601

Estimated Value: $108,000 - $173,031

3 Beds
1 Bath
1,344 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $67,500 $50 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,065/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Wood Siding

About This Home

As of June 2023

Excellent fixer-upper/ sweat equity opportunity in South Bend Schools in the historical district. This 3 bed, 1 bath property is priced to sell and includes plenty of great features! Welcomed by the living room upon entry adjacent to the formal dining area. Kitchen is located on the main level. Upstairs are 3 spacious bedrooms and a full bath. Additionally, the property has a full basement, covered front porch, and driveway parking. Roof is new within the last 5 years. Newly painted house and garage, new porch, new water heater, and new furnace are just a few amenities. Centrally located, the property is close to multiple parks, near schools, shopping, close to downtown and more! Reach out to see the property today! Broker Owned.

Last Agent to Sell the Property

Niel Kluszczynski

Realty Plus, Inc. Brokerage Email: nielklu@comcast.net Listed on: 05/26/2023

Co-Listed By

Chloe Armbruster

Realty Plus, Inc. Brokerage Email: nielklu@comcast.net

Last Buyer's Agent

Julia Robbins

RE/MAX 100

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,127

Year Built

  • Built in 1920

Lot Details

  • 3,800 Sq Ft Lot
  • Lot Dimensions are 38x100
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Elementary School
  • Marshall Middle School
  • Riley High School

Utilities

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

Community Details

  • Edgewater Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-08-12-432-002.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,127

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 103
  • Style: Two Story
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 2 EDGEWATER PL ADD
  • Parcel Number ID: 71-08-12-432-002.000-026
  • Platted: Yes
  • Sp Lp Percent: 90.12
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 50.22
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 11x11, On Level: Upper
  • Bedroom 2: Dimensions: 9x11, On Level: Upper
  • Bedroom 3: Dimensions: 9x11, On Level: Upper
  • Total Below Grade Sq Ft: 672

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Lincoln
  • Middle School: Marshall
  • High School: Riley
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 38X100
  • Estimated Lot Sq Ft: 3800
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 2

Tax Info

  • Annual Taxes: 1127
  • Total Assessed Value: 134800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 7, 2023
Sold by
Nk Developments Llc
Bought by
Wilson Samuel E
Seller's Agent
Niel Kluszczynski
Realty Plus, Inc.
Buyer's Agent
Julia Robbins
RE/MAX 100
List Price
$74,900
Sold Price
$67,500
Premium/Discount to List
-$7,400
-9.88%
Views
91
Current Estimated Value
$147,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,258
Avg. Annual Appreciation
40.17%

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 6, 2023
Sold by
Nk Developments Llc
Bought by
Wilson Samuel E
Seller's Agent
Niel Kluszczynski
Realty Plus, Inc.
Buyer's Agent
Julia Robbins
RE/MAX 100
List Price
$74,900
Sold Price
$67,500
Premium/Discount to List
-$7,400
-9.88%
Views
91

Purchase Details

Closed on
Feb 24, 2023
Sold by
Faught Michael E
Bought by
Nk Developments Llc

Purchase Details

Closed on
Aug 22, 2019
Sold by
Faught Michael E and Kline Philip D
Bought by
Faught Michael E
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
Wilson Samuel E -- Metropolitan Title
Wilson Samuel E $67,500 Metropolitan Title
Nk Developments Llc $20,000 Near North Title Group
Faught Michael E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $67,500 -9.9% $50 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $74,900 -- $56 / 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 $3,373 $134,700 $3,100 $131,600
2023 $1,581 $134,800 $3,100 $131,700
2022 $1,581 $134,800 $3,100 $131,700
2021 $1,127 $95,300 $4,000 $91,300
2020 $827 $71,000 $3,000 $68,000
2019 $734 $69,100 $2,400 $66,700
2018 $804 $69,100 $2,400 $66,700
2017 $1,048 $73,000 $6,800 $66,200
2016 $1,080 $73,800 $7,600 $66,200
2014 $1,077 $72,900 $7,600 $65,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317641

Indiana Regional MLS

APN: 71-08-12-432-002.000-026