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$439,900   Price Analysis
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903 Merrill Ct S
South Bend, IN 46637
4 bed 4 bath 1,904 SqFt ($231/SqFt)
0.33 acre lot. Built 2021
Listed 2024-02-26, Taxes $1,543
Ⓧ USDA Ineligible
due to location

near South Bend

Prime investment Opportunity with this modern new construction duplex with an attached garage!

This new construction duplex offers not a contemporary design and features but also the promise of immediate rental inco me. This property is perfect for savvy investors looking to expand their portfolio or enter the market with a strong foothold. The open open-concept living room welcomes you with abundant natural light and a seamless flow, ideal for entertaining and comfortable living.

Each unit offers two generously sized bedrooms and two well-apponted bathrooms, providing comfort and privacy for residents. Convenience meets security with a single-car attached garage for each unit, ensuring protection from the elements and easy access. Benefit from the current rental arrangement in place, generating a steady stream of income from tenants who already appreciate the property. So don't wait - contact us today to schedule a showing!


Presented by Steve Smith at
Irish Realty & Cooreman Properties.
Listing Agent Photo

Property MLS #202405943 from IRMLS

Bedrooms: 4

Total Bathrooms: 4 / 0
Full Bathrooms: 4

# of Dishwashers: 2

Laundry Features: # of Washers: 2, # of Dryers: 2

Cooling Features: Central Air
Heating Features: Gas, Forced Air

Furnished Description: Lease
Flooring: Laminate

Basement Description: Slab

Lot Description: Level
Lot Size Acres: 0.33
Lot Size Dimensions: 124X116
Lot Size Square Feet: 14384

Garage Spaces: 2

Elementary School: Darden Primary Center
High School: Clay
Middle School: Dickinson
School District: South Bend Community School Corp

Clay High School is a public high school located approximately 1.6 miles away.
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Darden Primary Center is a public elementary school located approximately 2.2 miles away.
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Dickinson Fine Arts Academy is a public middle school located approximately 4.3 miles away.
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Christ The King School is a private elementary and middle school located approximately 1.1 miles away.
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Number of Units: 2
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Unit-1 Square Feet: 933
Unit-2 Square Feet: 933
Unit 1 Total Actual Rent: 1050
Unit 2 Total Actual Rent: 1050

Income Includes: 25200
Lease Term: Month to Month
Tenant Pays: Cable, Electric, Heating

Community Features: Open Floor Plan

Annual Tax Amount: 1634
Source Listing Status: Active
County: St. Joseph County
Directions: Taking Auten Rd west turn left onto Lindenwood Dr W across from Saint Paul Lutheran Church. Turn right onto Merrill Ct.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 1073
Source Neighborhood: Laurel Wood(s) / Laurelwood(s)
Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
Parcel Number: 71-03-14-401-004.000-004
Subdivision: Laurel Wood(s) / Laurelwood(s)
Township: Clay
Lot Number: 1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$56,600 + $7,700
$64,300
$1,543
2021$unknown + $7,700
$7,700
$266
2020$unknown + $7,700
$7,700
$266
2018$unknown + $7,700
$7,700
$265
2017$unknown + $7,700
$7,700
$274
2016$unknown + $7,700
$7,700
$278
2015$unknown + $7,700
$7,700
$200
2015$unknown + $7,700
$7,700
$200
2013$unknown + $7,700
$7,700
$462
2012$unknown + $7,700
$7,700
$436
2011$unknown + $8,800
$8,800
$469
2010$unknown + $8,800
$8,800
$226
2009$unknown + $8,800
$8,800
$264

Listed 2024-02-26
$439,900
IRMLS
Listing removed 2024-02-24
$439,900
IRMLS
Listed 2023-08-25
$439,900
IRMLS

Net Operating Income: 19763

Total Square Feet Living: 1904
Year Built: 2021
Above Grade Finished Area: 1904
Property Age: 3
Levels or Stories: 1
Structure Type: Duplex
House Style: One Story
Total Area Sqft: 1904

Sewer: City
City
Water Sewer Expense: 1980
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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.