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54461 Terrace Lane

54461 Terrace Lane, South Bend, IN 46635
House in Clay
Sold Mar 30, 2021
$151,600
$121,250 by United Wholesale Mortgage
Mortgage
54461 Terrace Lane in South Bend, IN was first built in 1947 and is 77 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 54461 Terrace Lane has 1,453 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 726 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 9,900 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 561 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Mar 18, 2021 for $151,600. That's $61.65 per sqft. 54461 Terrace Lane was last assessed in 2023. The total value of the property was assessed at $159,900. Specifically, the land the property is located on was valued at $44,300. While improvements on the property were assessed at a total of $115,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,639. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 726
  • Garage Type: Attached
  • Garage Square Area: 561
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,900
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,459
  • Gross Building Area: 2,459
  • Building Area: 1,453
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,453
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MAPLE LANE
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 63 MAPLE LANE

Ownership

  • Current Owner : REYNOLDS BRIANNA
  • Previous Owner : ANTONY JOSEPH
  • Previous Owner 2: ANTONY SHINIMOL
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 18, 2024

Neighborhood

  • School District Name: South Bend Community School Corporation
  • Census Tract: 011310

Geography

  • Assessors Map Reference: 5247-A3
  • District: 0002
  • Parcel: 71-04-32-155-012.000-003
  • Lot: 63
  • Municipality: CLAY TOWNSHIP
  • Latitude: 41.7022
  • Longitude: -86.2154

    Address

  • Full Address: 54461 Terrace Ln
  • Address - House Number: 54461
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: South Bend
  • Carrier Code: C051
  • 4-Digit Zip Code: 1651
  • Zip Code: 46635

Valuation

    Tax

  • Total Area: 2,179
  • Tax Year: 2022
  • Tax Amount: $1,639
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 215,628
  • High Value: 273,361
  • Low Value: 157,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $121,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $159,900
  • Market Land Value: $44,300
  • Market Improvement Value: $115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,900
  • Assessed Land Value: $44,300
  • Assessed Improvements Value: $115,600

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11831530774
  • Current Sale Price: $151,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2110155

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About St. Joseph



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 54461 Terrace Lane located in?
The 54461 Terrace Lane is a house located in the neighborhood of Clay in St. Joseph, South Bend.
What is the average sales price for listings in 54461 Terrace Lane?
The average sales price for units in 54461 Terrace Lane is $0 currently.

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