NOT LISTED FOR SALE

729 Lincoln Way E South Bend, IN 46601

Estimated Value: $144,270 - $172,000

4 Beds
2 Baths
2,392 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $30,000 $13 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $1,094/month

58 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of December 2016

Huge home for multifamily enjoyment located in a walking distance from DTSB. It has two units each with 2 bedrooms, living room, kitchen, formal dining room, full bath and full bathroom. Most room has hardwood floors. This is investors special. Possibility for commercial use. Home in as is condition. Needs TLC.

Last Listed By

John Pangani

Polack Realty Listed on: 10/12/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 39 x 100
  • Irregular Lot

Parking

  • Dirt Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • Multi-Level Property
  • Wood Burning Fireplace
  • Gas Log Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 2 Bedrooms in Basement

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-08-12-432-003.000-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1908
  • Age: 108
  • Style: Multi-Story (3+)
  • Architectural Style: Duplex
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 1 Edgewater Pl Add
  • Parcel Number ID: 71-08-12-432-003.000-026
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75
  • Special Features: None

Interior Features

  • Total Sq Ft: 3588
  • Total Finished Sq Ft: 2392
  • Above Grade Finished Sq Ft: 2392
  • Below Grade Sq Ft: 1196
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log, Wood Burning
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Upper
  • Bedroom 4: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1196

Exterior Features

  • Exterior: Concrete
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Dirt

Utilities

  • Cooling: Window
  • 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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 39 x 100
  • Estimated Lot Sq Ft: 3598
  • Estimated Lot Size Acres: 0.0826

Tax Info

  • Annual Taxes: 2309
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2017
Sold by
Fjks South Bend I Llc
Bought by
Michel Jed
Total Days on Market
58
Current Estimated Value
$159,068

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 29, 2016
Sold by
Kline Philip D and Faught Michael E
Bought by
Fjks South Bend Llc
Seller's Agent
John Pangani
Polack Realty
Buyer's Agent
Steve Weldy
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.58%

Purchase Details

Closed on
Oct 22, 2007
Sold by
Kline Philip D
Bought by
Kline Philip D and Faught Michael E

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
Michel Jed -- --
Fjks South Bend Llc -- Fidelity National Title
Kline Philip D -- Landamerican Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $30,000 -25.0% $13 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $40,000 -- $17 / 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 $2,542 $103,500 $2,900 $100,600
2023 $2,037 $103,000 $2,900 $100,100
2022 $2,037 $84,900 $2,900 $82,000
2021 $1,884 $76,700 $2,700 $74,000
2020 $1,884 $76,700 $2,700 $74,000
2019 $1,567 $76,200 $2,200 $74,000
2018 $1,870 $92,500 $2,200 $90,300
2017 $2,307 $90,700 $2,200 $88,500
2016 $2,355 $90,700 $2,200 $88,500
2014 $2,355 $90,100 $2,200 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201647393

Indiana Regional MLS

APN: 71-08-12-432-003.000-026