11 days on rocket

1238 W Colfax Ave, South Bend, IN, 46616

$50,000

Home List Price

$594*

Closing Credit

2 Bedrooms
1 Full Bath
$77/SqFt
House

Location

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1238 W Colfax Ave, South Bend$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1882
HeatingNatural Gas
CoolingNone
MLS #202443712
Lot Size0.06 Acres
StatusActive

About 1238 W Colfax Ave

Here’s an excellent opportunity to own a 2-bedroom, 1-bathroom single-story home in South Bend, an ideal choice for investors or those seeking a comfortable home with rental potential. Situated in the South Bend Community School District, this 648-square-foot property combines convenience with practicality. The home’s efficient one-level design features two spacious bedrooms, a full bathroom, and a welcoming living area, providing all the essentials in a manageable layout. The full basement adds valuable storage space and offers possibilities for future use. Equipped with gas heating, the property ensures comfortable and efficient warmth throughout the colder months. Located in a community-oriented area, is close to South Bend schools, parks, shops, and dining, with easy access to public transportation. This property offers great potential for investors looking to expand their portfolio or homebuyers seeking a manageable, well-situated home.

Property Details

Property Features

Property Information:

  • Year Built: 1882

Listing Office:

  • Office Name: RE/MAX Results-Goshen
  • Office Phone: (574) 253-8752
  • Listing Agent: Allison Lehman

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Metal

Virtual/3D Tour

  • Virtual Tour: 1238 W Colfax Ave
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Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: From W Walnut St, turn right onto W Colfax Ave, house will be located on the right. 1236 W Colfax is next door.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
  • Price Per SqFt: $77/SqFt

Tax Information:

  • Annual Amount: $513
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in South Bend, IN.

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South Bend, IN

City

Med. Sold Price

$178K

Med. Price/SqFt

$130

# of Sold Homes

170

1238 W Colfax Ave vs South Bend

11 DAYS ON ROCKET

$50,000

-$128K Less

$77/SqFt

-$53 Less

KEY TAKEAWAY

This property is $128K less than the Median Sold Price and $53/SqFt less than other homes in South Bend, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202443712

Listing Office:

  • Office Name: RE/MAX Results-Goshen
  • Office Phone: (574) 253-8752
  • Listing Agent: Allison Lehman

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$513$30,100
2019$461$22,400
2018$519$19,300
2017$530$19,200

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-809739
2
/10

  • Muessel Elementary School

  • 1021 Blaine Ave

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-809740
5
/10

  • Kennedy Academy

  • 609 N Olive St

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-809741
3
/10

  • Madison S.T.E.A.M. Academy

  • 832 N Lafayette Blvd

  • 1.06 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,193. Residents of South Bend, IN typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1238 W Colfax Ave

What is the listing price of this property?

The listing price of 1238 W Colfax Ave property is $50,000.

What type of property is this?

The property 1238 W Colfax Ave is a house located in South Bend, Indiana, 46616.

Is this property for sale now?

Active Listing: 1238 W Colfax Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $513 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1238 W Colfax Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1238 W Colfax Ave is 1882.

Rocket Homes›Indiana›Saint Joseph County›South Bend›46616›1238 W Colfax Ave

This home is located at 1238 W Colfax Ave in South Bend, IN and zip code 46616 in the West Washington neighborhood. This home was built in 1882. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $50,000.

Over 40 listings were sold over their listed price in October 2024 in South Bend, IN. In the same period over 82 listings were sold below the listed price and 39 listings were sold for the listed price. The number of homes for sale in South Bend, IN increased by 5.2% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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