Price Reduced! Welcome to an exceptional investment opportunity in South Bend! This expansive 7.92-acre parcel of commercially zoned land offers a lucrative canvas for various ventures, recently annexed into South Bend and featuring a pre-existing 2-acre retention area. Seller willing to assist with property clean up with acceptable offer. Situated in a strategically advantageous location, this property has public water and sewer accessibility, providing seamless infrastructure for development. The zoning classification allows for a diverse range of commercial uses, catering to an array of entrepreneurial visions. From retail establishments, including those with drive-through options, to restaurants, lodging facilities, and vehicle sales or service centers, the possibilities are endless. Positioned just down from the entrance to Four Winds Casino, this property benefits from a significant traffic flow, with a car count of 12,775, ensuring high visibility and exposure for any business venture. Moreover, its proximity to areas such as downtown South Bend, the South Bend Airport, and Notre Dame University, underscores its desirability and potential for success. The appeal extends beyond local boundaries, with the property conveniently located just 90 miles from the vibrant pulse of the Chicago Loop. Whether you're a seasoned investor seeking a lucrative addition to your portfolio or an entrepreneur with grand aspirations, this offering promises a gateway to commercial success in an unbeatable location. Don't miss this chance to capitalize on an unparalleled opportunity in the heart of South Bend's thriving commercial landscape. Envision your future here and make it a reality today!
Property Details
Property Features
Listing Office:
Office Name: The Home Source Group
Listing Agent: Joseph Williams
Virtual/3D Tour
Virtual Tour: 3215 Prairie Ave
Virtual Tour
Lot Features
Lot Information:
Lot Size: 7.92 Acres
Other
Directions Information:
Directions: US 31 to SR 23 exit go east property is next to the Exxon.
Price Information
Listing Price Info
Price Summary:
List Price: $1,290,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in South Bend, IN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,506
Per Month
Principal & Interest
$6,439
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,934
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Harrison Elementary School
3302 W Western Ave
Distance between this listing and this school1.80 miles
Public District Grades KG-5
3
/10
Monroe Elementary School
312 Donmoyer Ave
Distance between this listing and this school2.45 miles
Public District Grades KG-5
3
/10
Wilson Elementary School
56660 Oak Rd
Distance between this listing and this school2.66 miles
Public District Grades KG-5
Nearby Schools
3
/10
Navarre Middle School
4702 Ford St
Distance between this listing and this school2.02 miles
Public District Grades 6-8
3
/10
Jackson Middle School
5001 Miami St
Distance between this listing and this school3.21 miles
Public District Grades 6-8
3
/10
Dickinson Fine Arts Academy
4404 Elwood Ave
Distance between this listing and this school3.52 miles
Public District Grades 6-8
Nearby Schools
2
/10
Washington High School
4747 W Washington St
Distance between this listing and this school2.50 miles
Public District Grades 9-12
2
/10
Excel Center - South Bend
2721 Kenwood Ave
Distance between this listing and this school2.61 miles
Public Charter Grades 11-12
5
/10
Purdue Polytechnic High School Sou
635 S Lafayette Blvd
Distance between this listing and this school2.64 miles
The neighbors living near this home have an average income of $28,421. Typical income of South Bend, IN residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In South Bend, IN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in South Bend, IN?
South Bend's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic bungalows to contemporary new builds, reflecting the city's blend of tradition and modernity. The market is balanced with a mix of ownership and rental opportunities, accommodating a variety of preferences and budgets.
Is South Bend, IN a good place to live?
South Bend is celebrated for its rich history and vibrant community spirit. The city prides itself on its cultural events, including the annual South Bend International Festival, which highlights the city's diverse heritage and fosters a sense of unity among residents. The community's character is further defined by its commitment to arts and education, with numerous local galleries and performance spaces adding to the city's charm.
Are things conveniently located in South Bend, IN?
The community is served by a robust educational system, including a range of public and private schools that cater to different educational needs. South Bend is home to several healthcare facilities, offering a spectrum of services from routine care to specialized treatments. The city also features a network of public libraries and a variety of retail and dining options that reflect the local culture. Initiatives to enhance these services are ongoing, adapting to the evolving needs of the population.
What does the transportation in South Bend, IN look like?
Transportation in South Bend includes a comprehensive public transit system with routes connecting key areas of the city. The community's infrastructure supports both walkability and bikeability, with certain neighborhoods being particularly pedestrian-friendly. Major roads and highways provide efficient routes for commuters and travelers, and the city is continually working on improvements to its transportation network to increase accessibility and convenience for all residents.
Frequently Asked Questions About 3215 Prairie Ave
What is the listing price of this property?
The listing price of 3215 Prairie Ave property is $1,290,000.
What type of property is this?
The property 3215 Prairie Ave is land located in South Bend, Indiana, 46614.
Is this property for sale now?
Active Listing: 3215 Prairie Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3215 Prairie Ave in South Bend, IN and zip code 46614. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,290,000.
In October 2024, from all listings sold in South Bend, IN there were more than 40 sold above asking price, over 82 sold below and more than 39 were sold right at the asked 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.