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Form 1310 for South Bend Indiana: What You Should Know
The property is currently in a “Deed of Trust” with The Church. It is in Near East Land Development (NEEDS), and has a 4 bdrm attached house on the property with 8,000 sq ft. that its own individual lot. The home is currently on the National Register of Historic Places. In the past it was used as a high-end office space, and since it's construction in the early 1970s the home has also been a business / professional office in the building. This home is listed at 1,450,000.00. Property taxes are currently about 4,800 per year, but since the home has a water service it could provide a significant amount of income for the homeowner. The home uses electricity and gas and the home is located in an attractive location within 1/2 mile of the Lincoln Mall. I had the opportunity to visit the house and was very impressed with the home's interior. The owner is a retired teacher and also runs her own business. She did a great job cleaning the home of a messy state that we expected upon making this house offer. She also did a great job decorating the home to reflect an “I Love Indiana” spirit. The home, which was priced with a 20% down payment and closing cost was 225K. The exterior of the home is covered in beautiful hardwood floors. The kitchen has an island style counter and has granite counter tops, and an island style sink and water heater. The sink has an amazing built-in coffee maker, and sink handles a coffee machine, so you never have to get out your coffee makers to make coffee. The cabinets were well done. There was a large sectional with drawers for clothing, and several large drawers that have been very well done and are very modern. The home has a bathroom with a toilet and shower and a tub with a shower and shower stall. A walk in closet has two shower stalls. There is ample closet space throughout the home. There was a master bathroom that is a spacious bath with a shower stall and the bathroom was well done with modern fixtures and appliances. The home has 4 bedrooms with 4 full baths. The home has 3 full baths on the first story and 2 full baths on the second floor. Each of the 4 bedrooms has access to the main living area. On the first floor is a kitchen with a breakfast bar and a sink.
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