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$99,900   Price Analysis
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112 E Bowman St
South Bend, IN 46613
4 bed 2 bath 1,664 SqFt ($60/SqFt)
3,485SqFt lot. Built 1921
Listed 2024-04-08, Taxes $604
Ⓧ USDA Ineligible
due to location

near South Bend

Cha-ching!

* No Longer For Sale *
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Check out this rent-ready duplex at a extraordinary price. This home is vacant and cleaned out and ready for you to fill with 2 new tenants. Upstairs has 2-3 bedrooms depending how you use the space and main floor has 1-2 bedrooms available. Nice location on a side street, but close to shopping, schools and restaurants.

There are separate electric meters, so tenants can pay that bill and owner will have heat and water to pay for . Current owner has not owned the home long so we don't have historical numbers on rent and expenses- the figures used on this listing were estimated. Buyer/buyers agent to verify financial figures, sf, rents, zoning, room uses/sizs and schools.


Presented by BEER, BRAD at
Heart City Realty LLC.
Listing Agent Photo

Property MLS #202411561 from IRMLS

Bedrooms: 4

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Fuel Expense: 1200
Heating Features: Gas, Forced Air

Furnished Description: Building
Flooring: Wood

Basement Description: Full Basement

Lot Description: 0-2.9999
Lot Size Acres: 0.0800046
Lot Size Dimensions: 40X85
Lot Size Square Feet: 3485

Garage Spaces: 2

Elementary School: Lincoln
High School: Riley
Middle School: Jackson
School District: South Bend Community School Corp

Riley High School is a public high school located approximately 0.3 miles away.
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Lincoln Elementary School is a public elementary school located approximately 1.2 miles away.
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Jackson Middle School is a public middle school located approximately 2.2 miles away.
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Crossing Educational Center is a private middle and high school located approximately 0.1 miles away.
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Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Unit-1 Square Feet: 832
Unit-2 Square Feet: 832
Unit 1 Total Actual Rent: 1000
Unit 2 Total Actual Rent: 1000

Income Includes: 24000
Tenant Pays: Electric

Community Features: Basement

Annual Tax Amount: 605
Source Listing Status: Sold
County: St. Joseph County
Directions: Michigan to Bowman
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 1200
Source Neighborhood: Bowman(s)
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Heating, Lawn Maintenance, Sewer, Trash Collection, Water
Parcel Number: 71-08-13-377-005.000-026
Property Location: City/Town/Suburb
Subdivision: Bowman(s)
Township: Portage
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$23,600 + $1,600
$25,200
$604
2021$58,300 + $1,600
$59,900
$645
2020$22,800 + $1,600
$24,400
$628
2018$22,800 + $1,600
$24,400
$625
2017$22,500 + $1,600
$24,100
$641
2016$22,500 + $1,600
$24,100
$655
2015$24,600 + $1,600
$26,200
$618
2015$59,600 + $1,600
$61,200
$618
2013$24,600 + $1,600
$26,200
$1,577
2012$60,200 + $1,600
$61,800
$3,521
2011$25,700 + $700
$26,400
$1,415
2010$25,700 + $700
$26,400
$678
2009$25,700 + $700
$26,400
$793

Sold 2024-05-17
$87,000
IRMLS
Listed 2024-04-08
$99,900
IRMLS
Sold 2024-02-02
$53,000
Public Record

Net Operating Income: 19195

Total Square Feet Living: 1664
Year Built: 1921
Above Grade Finished Area: 1664
Below Grade Unfinished Area: 832
Property Age: 103
Roof: Shingle
Levels or Stories: 2
Structure Type: Duplex
House Style: Two Story
Total Area Sqft: 2496
Total Below Grade Area: 832

Sewer: City
City
Water Sewer Expense: 600

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.