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Backup Offers

54374 Terrace Ln, South Bend, IN, 46635

$124,900

Home List Price

$1,483*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
$87/SqFt
House

Location

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54374 Terrace Ln, South Bend$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1947
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202445219
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)

About 54374 Terrace Ln

MULTIPLE OFFERS. Highest and best due by 6PM Friday Nov 29th. Dreaming of a home you can make your own? Look no further! Nestled on a spacious lot, this 1.5-story, 3-bedroom, 1.5-bath gem is bursting with potential. Located just minutes from the University of Notre Dame, local shopping, and dining hotspots, this property combines convenience with opportunity. This home offers three generously sized bedrooms, offering space for family, guests, or a dedicated home office. The cozy living area is highlighted by a charming wood-burning stove - perfect for chilly evenings. A single-car garage provides practical storage, while the large lot invites your imagination to run wild with landscaping or outdoor entertaining possibilities. Whether you’re a first-time buyer ready to roll up your sleeves or an investor looking for your next project, this home is waiting to be transformed into something extraordinary. So don't wait - schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1947

Listing Office:

  • Office Name: Irish Realty
  • Office Email: steve.smith@irishrealty.net
  • Listing Agent: Stephen Smith

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Stone, Vinyl

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 54374 Terrace Ln
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Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Taking Ironwood Rd north turn right onto Ponsha St. Turn left onto Terrace Ln and home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $87/SqFt
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Housing Market Comparison

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

Med. Sold Price

$220K

Med. Price/SqFt

$132

# of Sold Homes

149

54374 Terrace Ln vs South Bend

25 DAYS ON ROCKET

$124,900

-$95.1K Less

$87/SqFt

-$46 Less

KEY TAKEAWAY

This property is $95.1K less than the Median Sold Price and $46/SqFt less than other homes in South Bend, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202445219

Listing Office:

  • Office Name: Irish Realty
  • Office Email: steve.smith@irishrealty.net
  • Listing Agent: Stephen Smith

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: 12/18/2024, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-4330620
7
/10
  • Swanson Traditional School

  • 17677 Parker Dr

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-4330621
4
/10
  • McKinley Elementary School

  • 228 N Greenlawn Ave

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-4330622
3
/10
  • Darden Elementary School

  • 18645 Janet Dr

  • 1.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,136. Typical income of South Bend, IN residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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.

Types of housing 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.

What is it like to live in South Bend, IN?

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.

Is it easy to get around South Bend, IN without a car?

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.

Transportation in South Bend, IN.

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 54374 Terrace Ln

What is the listing price of this property?

The listing price of 54374 Terrace Ln property is $124,900.

What type of property is this?

The property 54374 Terrace Ln is a house located in South Bend, Indiana, 46635.

Is this property for sale now?

Accepting Backup Offers: 54374 Terrace Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 54374 Terrace Ln has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 54374 Terrace Ln is 1947.

Rocket Homes›Indiana›Saint Joseph County›South Bend›46635›54374 Terrace Ln

This home is located at 54374 Terrace Ln in South Bend, IN and zip code 46635. This home was built in 1947. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $124,900.

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. In November 2024 in South Bend, IN there were 2.5% more homes for sale than in October 2024.

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

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