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2420 Lincoln Way West

2420 Lincoln Way West, South Bend, IN 46628
Property in LaSalle Area
Sold Feb 06, 2019
$53,700
$42,930 by Hallmark Home Mortgage Llc
Mortgage Due Mar 01, 2049
Sold Jan 04, 2013
Transfer
Local assessors in South Bend, IN have categorized 2420 Lincoln Way West as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 12,090 square feet. The linear feet between the front and back of the lot was measured at 1,860 ft and the front of the lot was measured at 650 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2420 Lincoln Way West has a total of 2,252 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 1,226 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 528 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 brick 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 - C. The building has a roof that is made of asphalt. Lots of block were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2420 Lincoln Way West was last sold in Jan 28, 2019 for $53,700. According to our calculations, that's $14.60 per sqft. Current property owners are expected to pay $1,543 in taxes per year. The property on 2420 Lincoln Way West was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $159,600. To break that down further, the land itself was valued at $11,000. While improvements to the property were assessed at a total of $148,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,226
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,090
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,678
  • Gross Building Area: 3,678
  • Building Area: 2,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,252
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KALEYS 1ST LINCOLN HWY ADD
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 2 KALEYS 1ST LINCOLN HWY ADD

Ownership

  • Current Owner : WELLS TIMOTHY G
  • Current Owner 2: WELLS JENNIFER L
  • Previous Owner : OLALDE GEORGE
  • Previous Owner 2: OLALDE JUANITA
  • Owner Before Previous Owner: CRIGLER BYRON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Bend Community School Corporation
  • Census Tract: 000500

Geography

  • Assessors Map Reference: 5245-D4
  • District: 0011
  • Parcel: 71-08-03-183-008.000-026
  • Lot: 2
  • Municipality: PORTAGE TOWNSHIP
  • Latitude: 41.6882
  • Longitude: -86.2848

    Address

  • Full Address: 2420 Lincoln Way W
  • Address - House Number: 2420
  • Street Segment Direction: W
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Way
  • State: IN
  • City Name: South Bend
  • Carrier Code: C006
  • 4-Digit Zip Code: 1916
  • Zip Code: 46628

Valuation

    Tax

  • Total Area: 3,678
  • Tax Year: 2022
  • Tax Amount: $1,543
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 146,592
  • High Value: 187,006
  • Low Value: 106,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $42,930
  • First Open Lien Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 06, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $42,930
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2049

    Market Valuation

  • Market Total Value: $159,600
  • Market Land Value: $11,000
  • Market Improvement Value: $148,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,600
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $148,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2019
  • Current Sale Recording Date: Feb 06, 2019
  • Current Sale Transaction ID: 11570689322
  • Current Sale Price: $53,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1902476
  • Previous Sale Recording Date: Jan 04, 2013
  • Previous Sale Contract Date: Dec 28, 2012
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 06, 2019
  • First Mortgage Loan Amount: $42,930
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About LaSalle Area



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Frequently Asked Questions

What neighborhood is 2420 Lincoln Way West located in?
The 2420 Lincoln Way West is a located in the neighborhood of LaSalle Area in LaSalle Area, South Bend.
What is the average sales price for listings in 2420 Lincoln Way West?
The average sales price for units in 2420 Lincoln Way West is $0 currently.

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