NOT LISTED FOR SALE

725 Sherman Ave South Bend, IN 46616

Near Northwest Neighborhood

Estimated Value: $111,000 - $146,000

2 Beds
1 Bath
1,832 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $28,000 $15 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $855/month

72 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Wood Siding
  • Adams High School Rated A-
  • Level Lot

About This Home

As of May 2022

Great property for investor or handyman. Good bones!

Last Agent to Sell the Property

Valerie Swihart

Pyramid Realty LLC Listed on: 02/19/2022

Last Buyer's Agent

Alex Ferraro

Keller Williams Realty Group

Keller Williams Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Level Lot
  • Property is zoned SN1 Suburban Neighborhood 1

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Muessel Elementary School
  • Edison Middle School
  • Adams High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-08-02-332-028.000-026

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1905
  • Age: 117
  • Style: Two Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 33'N Side Lot 39 Cushings 1st & S 1/2 Vac Alley 01-02 Alley Vac Ord 9105-00
  • Parcel Number ID: 71-08-02-332-028.000-026
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 68.29
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2061
  • Total Finished Sq Ft: 1832
  • Above Grade Finished Sq Ft: 1832
  • Below Grade Sq Ft: 229
  • Price Per Sq Ft: 15.28
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Bedroom 1: Dimensions: 24x20, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 229

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Muessel
  • Middle School: Edison
  • High School: Adams
  • Elementary School: Muessel

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x128
  • Estimated Lot Sq Ft: 5120
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 1128

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
May 10, 2022
Sold by
Lake County Liens Llc
Bought by
Adamo Real Estate Llc
Seller's Agent
Valerie Swihart
Pyramid Realty LLC
Buyer's Agent
Alex Ferraro
Keller Williams Realty Group
List Price
$41,000
Sold Price
$28,000
Premium/Discount to List
-$13,000
-31.71%
Total Days on Market
72
Current Estimated Value
$124,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,039
Avg. Annual Appreciation
59.93%

Purchase Details

Closed on
Feb 4, 2022
Sold by
Auditor Of St Joseph County
Bought by
Lake County Liens Llc
Source: Public Records

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Range of Values:

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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
Lake County Liens Llc $11,501 None Listed On Document
Adamo Real Estate Llc $28,000 Drake Andrew R
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $28,000 -31.7% $15 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $41,000 0.0% $22 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $41,000 -6.8% $22 / Sq Ft
03/11/2022 03/11/22 For Sale $44,000 0.0% $24 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $44,000 -12.0% $24 / Sq Ft
02/25/2022 02/25/22 For Sale $50,000 0.0% $27 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $50,000 -- $27 / 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 $2,005 $62,400 $7,800 $54,600
2023 $732 $82,300 $7,800 $74,500
2022 $732 $66,300 $7,800 $58,500
2021 $666 $56,400 $2,900 $53,500
2020 $509 $42,200 $2,200 $40,000
2019 $635 $51,000 $2,600 $48,400
2018 $630 $49,800 $2,600 $47,200
2017 $595 $49,200 $2,600 $46,600
2016 $512 $41,300 $2,100 $39,200
2014 $471 $41,000 $2,100 $38,900
Source: Public Records

Agents Affiliated with this Home

  • Valerie Swihart

    Seller's Agent in 2022

    Valerie Swihart

    Pyramid Realty LLC

    (574) 334-8989

    4 in this area

    148 Total Sales

    Valerie Swihart
    Section Image
  • Alex Ferraro

    Buyer's Agent in 2022

    Alex Ferraro

    Keller Williams Realty Group

    (630) 240-2534

    3 in this area

    8 Total Sales

    Alex Ferraro
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202205279

Indiana Regional MLS

APN: 71-08-02-332-028.000-026

Indiana St Joseph County South Bend 46616 Near Northwest

725 Sherman Ave, South Bend, IN

This home is located at 725 Sherman Ave, South Bend, IN 46616 since 19 February 2022 and is currently estimated at $124,039, approximately $67 per square foot. This property was built in 1905. 725 Sherman Ave is a home located in St. Joseph County with nearby schools including Muessel Primary Center, Edison 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.

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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