NOT LISTED FOR SALE

912-914 Sprucewood Ln South Bend, IN 46637

Estimated Value: $140,000 - $266,000

6 Beds
4 Baths
2,400 Sq Ft
$86/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $140,000 $58 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,438/month

4 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of January 2022

Here is a great opportunity to purchase an established rental duplex. The property centrally located close to shopping & easy access to the toll road. Both units provide active tenants that wish to stay and continue leasing. Each unit offers 3 bedrooms, 1.5 baths and an attached single stall garage, with opener The hot water heater has been replaced in both units and the duplex comes with an existing, transferable home warranty.

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Listed on: 12/07/2021

McKinnies Realty, LLC

Last Buyer's Agent

Natashia Bontrager

McKinnies Realty, LLC

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 106 x 131
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 71-03-14-405-003.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,426

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Age: 42
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: LOT 20 LAUREL WOODS PUD SECTION ONE
  • Parcel Number ID: 71-03-14-405-003.000-004
  • Platted: Yes
  • Amenities: Home Warranty Included
  • Cross Street: Auten Rd.
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 87.5
  • Monthly Gross Income: 1600
  • Special Features: None

Interior Features

  • Total Sq Ft: 2400
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2400
  • Price Per Sq Ft: 58.33
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Darden Primary Center
  • Middle School: Dickinson
  • High School: Clay

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 106 X 131
  • Estimated Lot Sq Ft: 13886
  • Estimated Lot Size Acres: 0.3187
  • Lot Number: 20

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Frank & Fred Llc
Bought by
Chip & Co Properties Llc
Current Estimated Value
$207,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Outstanding Balance
$150,659
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$56,341

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 4, 2022
Sold by
Adeniyi and Grace
Bought by
Frank & Fred Llc
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Natashia Bontrager
McKinnies Realty, LLC
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$224,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Visser David A and Visser Karen D
Bought by
Adeniyi Michael and Adeniyi Grace

Purchase Details

Closed on
Sep 7, 2018
Sold by
Visser David A and Visser Karen D
Bought by
Adeniyi Michael and Adeniyi Grace
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
Chip & Co Properties Llc -- Metropolitan Title
Frank & Fred Llc -- Klatch Louis
Adeniyi Michael -- Metropolitan Title
Adeniyi Michael -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chip & Co Properties Llc $159,000
Previous Owner Frank & Fred Llc $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $140,000 -12.5% $58 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $160,000 -- $67 / 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 $4,097 $129,100 $7,000 $122,100
2023 $2,570 $107,800 $7,000 $100,800
2022 $2,587 $107,800 $7,000 $100,800
2021 $2,470 $97,300 $6,700 $90,600
2020 $2,426 $97,300 $6,700 $90,600
2019 $2,249 $103,600 $7,000 $96,600
2018 $1,896 $75,600 $7,000 $68,600
2017 $1,902 $74,300 $7,000 $67,300
2016 $1,765 $67,400 $7,000 $60,400
2014 $1,848 $70,700 $7,000 $63,700
Source: Public Records

Agents Affiliated with this Home

  • Jim McKinnies

    Seller's Agent in 2022

    Jim McKinnies

    McKinnies Realty, LLC

    (574) 229-8808

    572 Total Sales

    Jim McKinnies
    Section Image
  • Natashia Bontrager

    Buyer's Agent in 2022

    Natashia Bontrager

    McKinnies Realty, LLC

    (574) 202-2752

    142 Total Sales

    Natashia Bontrager
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202150264

Indiana Regional MLS

APN: 71-03-14-405-003.000-004

Indiana St Joseph County South Bend 46637

912-914 Sprucewood Ln, South Bend, IN

This home is located at 912-914 Sprucewood Ln, South Bend, IN 46637 since 07 December 2021 and is currently estimated at $207,000, approximately $86 per square foot. This property was built in 1979. 912-914 Sprucewood Ln is a home located in St. Joseph County with nearby schools including Darden Elementary School, Dickinson Fine Arts Academy, and Clay 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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