NOT LISTED FOR SALE

943 Emerson Ave South Bend, IN 46615

Estimated Value: $128,863 - $210,000

4 Beds
2 Baths
2,000 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $45,000 $22 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,088/month

43 Days on Market

Highlights

  • Forced Air Heating System
  • Adams High School Rated A-
  • Garage

About This Home

As of August 2012

GREAT 3 UNIT RENTAL PROPERTY CLOSE TO IUSB, FARMERS MARKET. SHORT WALK TO THE RIVER OR MISHAWAKA AVE. PROPERTY READY FOR STUDENTS. 3 CAR GARAGE FULL BASEMENT. NEWLY REMODELED LOWER UNIT AND SECOND UNIT POSIBLE RENTAL INCOME AS HIGH AS 1600.00 PER MONTH.

Last Agent to Sell the Property

Paul Gjemre

Coldwell Banker Real Estate Group Listed on: 06/21/2012

Coldwell Banker Real Estate Group

Last Buyer's Agent

Alice Fairington

At Home Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 120x40

Parking

  • Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Utilities

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

Listing and Financial Details

  • The owner pays for cooling, electric, fuel, heating, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 18-6018-0416

Community Details

Overview

  • 3 Units
  • Oakland Park Subdivision

Building Details

  • Electric Expense $780
  • Fuel Expense $900
  • Insurance Expense $700
  • Maintenance Expense $1,200
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$480

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1918
  • Style: Two Story
  • Legal Description: LOT 15 OAKLAND PK |
  • Parcel Number ID: 18-6018-0416
  • Platted: Yes
  • Amenities: Basement
  • Grid: South Bend SE
  • Sp Lp Percent: 0.75
  • State Id: 18-6018-0416
  • Monthly Gross Income: 133
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Sq Ft: 2000
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block

Exterior Features

  • Exterior: Aluminum, Vinyl

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 780
  • Annual Fuel Expense: 900
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 1200
  • Annual Water Sewer Expense: 900

Schools

  • School District: South Bend Community School Corp.

Lot Info

  • Lot Dimensions: 120x40

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cooling, Electric, Fuel, Heating, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water

Tax Info

  • Total Assessed Value: 41700
  • Tax Code: Tax Code 18-S.B. Portage
  • Annual Property Tax: 480.32

Multi Family

  • Number Of Units: 3

MLS Schools

  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2012
Closed on
Aug 17, 2012
Sold by
Schoonover Zoll Anita L and Schoonover Anita L
Bought by
Jiang Donald and Jiang Eugene
Seller's Agent
Paul Gjemre
Coldwell Banker Real Estate Group
Buyer's Agent
Alice Fairington
At Home Realty Group
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$169,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,716
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
May 28, 2010
Sold by
Schoonover Richard J
Bought by
Schoonover Anita L

Purchase Details

Closed on
Jan 12, 2009
Sold by
Lasalle Bank National Association
Bought by
Schoonover Richard J

Purchase Details

Closed on
Sep 11, 2008
Sold by
County Of St Joseph
Bought by
County Of St Joseph

Purchase Details

Closed on
Jun 9, 2006
Sold by
Cayman Enterprises Llc
Bought by
Santisi William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600
Interest Rate
6.72%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jiang Donald -- Meridian Title Corp
Schoonover Anita L -- None Available
Schoonover Richard J -- Investors Titlecorp
County Of St Joseph -- None Available
Santisi William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santisi William $12,600
Previous Owner Santisi William $50,400
Previous Owner Cayman Enterprises Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $45,000 0.0% $23 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $45,000 -- $23 / 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 $1,907 $76,400 $2,800 $73,600
2023 $1,821 $76,400 $2,800 $73,600
2022 $1,889 $78,700 $2,800 $75,900
2021 $1,752 $71,200 $2,500 $68,700
2020 $1,752 $71,200 $2,500 $68,700
2019 $1,015 $48,600 $2,400 $46,200
2018 $1,203 $71,100 $2,400 $68,700
2017 $1,797 $70,300 $2,400 $67,900
2016 $1,834 $70,300 $2,400 $67,900
2014 $1,435 $54,900 $2,400 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Gjemre

    Seller's Agent in 2012

    Paul Gjemre

    Coldwell Banker Real Estate Group

    (574) 286-0379

    61 Total Sales

    Section Image

  • A

    Buyer's Agent in 2012

    Alice Fairington

    At Home Realty Group

    (574) 286-0753

    4 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 669054

Indiana Regional MLS

APN: 71-09-18-126-015.000-026

Indiana St Joseph County South Bend 46615

943 Emerson Ave, South Bend, IN

This home is located at 943 Emerson Ave, South Bend, IN 46615 since 21 June 2012 and is currently estimated at $169,716, approximately $84 per square foot. This property was built in 1918. 943 Emerson Ave is a home located in St. Joseph County with nearby schools including Nuner Fine Arts Academy, Jefferson Intermediate Traditional 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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