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Backup Offers

507 River Ave, South Bend, IN, 46601

$207,900

Home List Price

$2,469*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
$114/SqFt
House

Location

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507 River Ave, South Bend$207,900

Buyer Closing Credits

$2,469*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1920
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceLiving/Great Rm
MLS #202436410
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)

About 507 River Ave

Welcome to this 1920 Craftsman-style home located in the coveted Edgewater Historic District. This charming property offers the perfect blend of vintage charm and modern updates. Enjoy views of the river from the spacious covered porch. Inside, you'll find beautiful hardwood floors, custom built-ins in the living room, and elegant French doors leading to the dining room with glass-front cabinets. The bedrooms are generously sized, including a walk-in dressing room closet for added convenience, Small yard low maintenane ,The partially finished basement, updated in 2022, is perfect for an office or craft room. Additional upgrades include a new water heater (2022), washer/dryer (2023), new chimney (2022), and foundation repairs in January 2022, which included carbon straps and a sump pump installation. This home is perfectly situated close to downtown, combining historic charm with modern comforts.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic, Craftsman
  • Year Built: 1920

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (574) 250-9980
  • Listing Agent: Jill Robinson

Interior Features

Interior Information:

  • Flooring Type: Hardwood Floors, Carpet
  • Fireplace: Living/Great Rm

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Stucco, Wood

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 507 River Ave
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Lot Features

Lot Information:

  • Lot: Level, Historic, Views
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Monroe to River

Price Information

Listing Price Info

Price Summary:

  • List Price: $207,900
  • Price Per SqFt: $114/SqFt

Tax Information:

  • Annual Amount: $755
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$196.4K

Med. Price/SqFt

$131

Avg. Days On Market

1

# of Sold Homes

192

507 River Ave vs South Bend

27 DAYS ON ROCKET

+26 Days

$207,900

+$11.4K More

$114/SqFt

-$17 Less

KEY TAKEAWAY

This property is $11.4K more than the Median Sold Price and $17/SqFt less than other homes in South Bend, IN.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Number: #202436410

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (574) 250-9980
  • Listing Agent: Jill Robinson

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: 10/18/2024, 12:20:50 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$755$74,400
2019$784$71,200
2018$837$71,200
2017$847$70,600

History based on county public records data.

Payment Calculator

$1,105

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$690

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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-619792
2
/10
  • Perley Fine Arts Academy

  • 740 N Eddy St

  • 1.06 miles

  • Public District Grades KG-4

school-card-donut-619793
3
/10
  • Madison Primary Center

  • 832 N Lafayette Blvd

  • 1.21 miles

  • Public District Grades PK-4

school-card-donut-619794
4
/10
  • McKinley Primary Center

  • 228 N Greenlawn Ave

  • 1.26 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,120. The majority of South Bend, IN residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 River Ave

What is the listing price of this property?

The listing price of 507 River Ave property is $207,900.

What type of property is this?

The property 507 River Ave is a house located in South Bend, Indiana, 46601.

Is this property for sale now?

Accepting Backup Offers: 507 River Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $755 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 507 River Ave has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 507 River Ave is 1920.

Rocket Homes›Indiana›Saint Joseph County›South Bend›46601›507 River Ave

This home is located at 507 River Ave in South Bend, IN and zip code 46601 in the Edgewater Place neighborhood. This home was built in 1920. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $207,900.

In September 2024 more than 50 listings in South Bend, IN were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 92 were sold below. The number of homes for sale in South Bend, IN increased by 21.3% between August 2024 and September 2024. Listings spent 1 days on the market in September 2024, and had a median list price of $196,450 during the same period.

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

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