8 months on rocket

706 Park Ave, South Bend, IN, 46616

$475,000

Home List Price

$5,641*

Closing Credit

11 Bedrooms
4 Full Baths, 2 Partial
$86/SqFt
House

Location

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706 Park Ave, South Bend$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1907
HeatingHot Water, Radiant
CoolingWindow Unit(s)
FireplaceDining Rm
MLS #202409838
Lot Size0.10 Acres
StatusActive

About 706 Park Ave

This property is a rare opportunity for those looking for two homes in one. This gorgeous home was built around 1907 as a duplex with the addresses 706 Park Avenue and 321 LaMonte Terrace, and boasts a combined 11 bedrooms, 4 full and 2 half baths, and over 5,000 square feet of living space. It is located in the historic Chapin Park neighborhood, close to the hospital, university campus, Downtown South Bend, Howard Park, and the River. Both sides of the duplex feature historic details and character, including expansive covered porches, high ceilings, wood floors, large windows, detailed woodwork, built-ins, pocket doors, large bedrooms, wood trim, and formal dining rooms. 706 Park Ave features 5 bedrooms, two full baths, and one half bath, lots of unpainted historic woodwork, a breakfast bar, and two walls of cabinetry in the kitchen. It also has a partially finished basement and a huge covered porch. To make this property more affordable for an owner-occupant, one of the units can continue to be leased and the rental payments from tenants can cover a significant portion of the property's expenses. The two units are separated by a solid brick interior wall to reduce noise between the two spaces. Call your agent today to schedule your private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1907

Listing Office:

  • Office Name: Realty Plus, Inc.
  • Office Email: lee@empiremichiana.com
  • Listing Agent: Lee Clark

Interior Features

Interior Information:

  • Flooring Type: Hardwood Floors
  • Fireplace: Dining Rm

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Stucco

Virtual/3D Tour

  • Virtual Tour: 706 Park Ave
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From 933, West on Riverside, South on Park Avenue to property at corner of Park Avenue and Lamonte Terrace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $86/SqFt

Tax Information:

  • Annual Amount: $3,347
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$178K

Med. Price/SqFt

$130

# of Sold Homes

170

706 Park Ave vs South Bend

241 DAYS ON ROCKET

$475,000

+$297K More

$86/SqFt

-$44 Less

KEY TAKEAWAY

This property is $297K more than the Median Sold Price and $44/SqFt less than other homes in South Bend, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202409838

Listing Office:

  • Office Name: Realty Plus, Inc.
  • Office Email: lee@empiremichiana.com
  • Listing Agent: Lee Clark

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: 11/21/2024, 6:20:52 PM 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$3,347$165,400
2019$4,006$165,200
2018$4,200$167,800
2017$4,287$166,400

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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.

Nearby Schools

school-card-donut-391606
3
/10
  • Madison S.T.E.A.M. Academy

  • 832 N Lafayette Blvd

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-391607
2
/10
  • Muessel Elementary School

  • 1021 Blaine Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-391608
5
/10
  • Kennedy Academy

  • 609 N Olive St

  • 1.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,318. Most South Bend, IN residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 706 Park Ave

What is the listing price of this property?

The listing price of 706 Park Ave property is $475,000.

What type of property is this?

The property 706 Park Ave is a house located in South Bend, Indiana, 46616.

Is this property for sale now?

Active Listing: 706 Park 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 $3,347 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 706 Park Ave has 11 bedrooms and 4 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 706 Park Ave is 1907.

Rocket HomesIndianaSaint Joseph CountySouth Bend46616706 Park Ave

This home is located at 706 Park Ave in South Bend, IN and zip code 46616 in the Near Northwest neighborhood. This home was built in 1907. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $475,000.

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 inventory of homes for sale in South Bend, IN between September 2024 and October 2024 increased by 5.2%.

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

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