***INVESTOR ALERT*** Seller is looking to sell this "as is" unit in rent ready condition for $100k less than comparable remodeled units selling in the same complex! NO short or long term rental restrictions so you can take advantage of this excellent location 4 blocks south of Trader Joes and Eddy Street Commons near Notre Dame and 4 blocks to the river and Howard Park in South Bend's popular East Bank Neighborhood. It is difficult to find property with 3 bedrooms and 2.5 baths under $300k in this popular area. Buy in now and have instant equity as this area continues to develop. Seller is leaving meat on the bone to increase sales velocity. perfect for a 1031 exchange or long term buy and hold.
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.
$1,814
Per Month
Principal & Interest
$1,497
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)
$250
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
$966
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
4
/10
McKinley Elementary School
228 N Greenlawn Ave
Distance between this listing and this school0.82 miles
Public District Grades KG-5
3
/10
Madison S.T.E.A.M. Academy
832 N Lafayette Blvd
Distance between this listing and this school0.94 miles
Public District Grades KG-5
2
/10
Muessel Elementary School
1021 Blaine Ave
Distance between this listing and this school1.75 miles
Public District Grades KG-5
Nearby Schools
3
/10
Jefferson Traditional School
528 S Eddy St
Distance between this listing and this school0.80 miles
Public District Grades 6-8
2
/10
Edison Middle School
2701 Eisenhower Ave
Distance between this listing and this school1.45 miles
Public District Grades 6-8
4
/10
John J Young Middle School
1801 N Main St
Distance between this listing and this school2.70 miles
Public District Grades 7-8
Nearby Schools
1
/10
Rise up Academy at Eggleston
740 N Eddy St
Distance between this listing and this school0.25 miles
Public District Grades 9-12
4
/10
Adams High School
808 S Twyckenham Dr
Distance between this listing and this school1.20 miles
Public District Grades 9-12
5
/10
Purdue Polytechnic High School Sou
635 S Lafayette Blvd
Distance between this listing and this school1.34 miles
The neighbors living near this home have an average income of $23,750. Most South Bend, IN residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 481 N Eddy St Lot # 31
What is the listing price of this property?
The listing price of 481 N Eddy St Lot # 31 property is $299,900.
What type of property is this?
The property 481 N Eddy St Lot # 31 is a condo located in South Bend, Indiana, 46617.
Is this property for sale now?
Active Listing: 481 N Eddy St Lot # 31 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 481 N Eddy St Lot # 31 has 3 bedrooms and 2 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 481 N Eddy St Lot # 31 is 1990.
This home is located at 481 N Eddy St Lot # 31 in South Bend, IN and zip code 46617 in the Northeast South Bend neighborhood. This home was built in 1990. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $299,900.
Over 34 listings were sold over their listed price in November 2024 in South Bend, IN. In the same period over 82 listings were sold below the listed price and 23 listings were sold for the listed price. Between October 2024 and November 2024, South Bend, IN real estate market has seen increase in the number of listings by 2.5%.
From Rocket Homes Real Estate and based on county public records data.