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2005 Wabash Street

2005 Wabash Street, South Bend, IN 46613
Property in Rum Village
Sold Nov 17, 2021
$129,800
$128,113 by Hallmark Home Mortgage Llc
Mortgage
Local assessors in South Bend, IN have categorized 2005 Wabash Street as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 5,160 square feet. The linear feet between the front and back of the lot was measured at 1,290 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2005 Wabash Street has a total of 1,703 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 725 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2005 Wabash Street sold most recently in Nov 12, 2021 for a total of $129,800. If you work out the math, that's approximately a cost of $59.68 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,265 in taxes each year. 2005 Wabash Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $120,400. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $115,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 725
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,160
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,175
  • Gross Building Area: 2,175
  • Building Area: 1,703
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,703
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOMELAND 2ND ADD
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 219 HOMELAND 2ND ADD

Ownership

  • Current Owner : ALSPACH CARLA S
  • Previous Owner : BLOSSOM GLENN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Bend Community School Corporation
  • Census Tract: 002800

Geography

  • Assessors Map Reference: 5323-D2
  • District: 0011
  • Parcel: 71-08-15-378-015.000-026
  • Lot: 219
  • Municipality: PORTAGE TOWNSHIP
  • Latitude: 41.653
  • Longitude: -86.2846

    Address

  • Full Address: 2005 Wabash St
  • Address - House Number: 2005
  • Address - Street Name: Wabash
  • Address - Suffix Type: St
  • State: IN
  • City Name: South Bend
  • Carrier Code: C009
  • 4-Digit Zip Code: 1136
  • Zip Code: 46613

Valuation

    Tax

  • Total Area: 2,175
  • Tax Year: 2022
  • Tax Amount: $1,265
  • Tax Rate Code Area: 18

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $135,388
  • First Open Lien Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $128,113
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Dec 08, 2022
  • Second Open Lien Mortgage Loan Amount: $7,275
  • Second Open Lien Mortgage Term: 347
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $120,400
  • Market Land Value: $5,000
  • Market Improvement Value: $115,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,400
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $115,400

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11874169924
  • Current Sale Price: $129,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2141083

    Last Sale Mortgage

  • First Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $128,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Rum Village



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2005 Wabash Street located in?
The 2005 Wabash Street is a located in the neighborhood of Rum Village in Rum Village, South Bend.
What is the average sales price for listings in 2005 Wabash Street?
The average sales price for units in 2005 Wabash Street is $0 currently.

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