***Multiple Offers Received - Highest & Best by 6pm. Sat. May 23. Response by 5pm. Mon. May 25.***Get into this great opportunity for investors, flippers, or handy buyers just over a mile from Notre Dame! This 3 bed, 1 bath, 1,072 sqft. home offers strong potential with several updates already completed, including a newer furnace (approx. 4–5 years), newer well (approx. 4 years), and updated garage spring/opener with keypad entry. Features include a 2-car detached garage, off-street parking, updated bathroom, some nicer wood flooring in bedrooms, unfinished basement, and convenient side kitchen entry. The spacious primary bedroom with room to potentially add a half bath includes a slider leading to the back deck, above ground pool, and partially fenced yard,. Kitchen could be opened into the dining area with bay window to create a more modern layout. Septic cleaned in 2021 and reportedly in good condition at that time. Property to be sold As-Is. Excellent potential for rental, resale, or sweat equity opportunity in a desirable location because it’s all about YOU!
Closed
$110,000
54235 Terrace Ln, South Bend, IN 46635
3beds
1,072sqft
Single Family Residence
Built in 1940
10,018 Square Feet Lot
$110,100 Zestimate®
$--/sqft
$1,498 Estimated rent
Home value
$110,100
$102,000 - $119,000
$1,498/mo
Zestimate® history
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List your homeWhat's special
Partially fenced yardAbove ground poolBack deckOff-street parkingSpacious primary bedroomUpdated bathroomConvenient side kitchen entry
Zillow last checked:
Listing updated:
Listed by:
Kyra G Hammett khammett@inspiredhomes.com,
Inspired Homes Indiana
Bought with:
Joseph M Colvin, RB23000206
eXp Realty, LLC
Source: IRMLS,MLS#: 202619356
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Washer, Dryer-Electric, Freezer, Electric Range, Gas Water Heater
Features
- Ceiling Fan(s), Laminate Counters, Stand Up Shower
- Flooring: Carpet, Laminate
- Basement: Crawl Space,Partial,Unfinished,Block,Sump Pump
- Attic: Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,724
- Total interior livable area: 1,072 sqft
- Finished area above ground: 1,072
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Garage Utilities, Gravel
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: Above Ground
- Fencing: Partial
Lot
- Size: 10,018 Square Feet
- Dimensions: 60x165
- Features: 0-2.9999, City/Town/Suburb, Near College Campus
Details
- Parcel number: 710432105024.000003
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: NIPSCO
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: None
- Security: Security System
- Subdivision: None
Location
- Region: South Bend
Financial & listing details
- Tax assessed value: $192,300
- Annual tax amount: $4,072
- Date on market: 5/21/2026
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $110,000-8.3% |
Source:  IRMLS #202619356 Report a problem | ||
| 5/24/2026 | Pending sale | $120,000 |
Source: IRMLS #202619356 Report a problem | ||
| 5/21/2026 | Listed for sale | $120,000 |
Source: IRMLS #202619356 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,617 +3.3% | $192,300 +16.4% |
| 2024 | $3,503 +132.1% | $165,200 +6.7% |
| 2023 | $1,510 +0.8% | $154,800 |
| 2022 | $1,498 +15.2% | $154,800 +8.6% |
| 2021 | $1,300 +61.3% | $142,600 +9.9% |
| 2020 | $806 +13.2% | $129,700 +19.5% |
| 2019 | $712 -14% | $108,500 +8% |
| 2018 | $828 +39.4% | $100,500 +2.1% |
| 2017 | $594 +9.1% | $98,400 +20.3% |
| 2016 | $544 -2.5% | $81,800 +1.4% |
| 2014 | $558 -2% | $80,700 -0.4% |
| 2013 | $570 -4.9% | $81,000 +25.6% |
| 2012 | $599 -27% | $64,500 -30.8% |
| 2011 | $820 +0.6% | $93,200 |
| 2010 | $815 +10.9% | $93,200 |
| 2009 | $736 | $93,200 +24.9% |
| 2007 | -- | $74,600 -20.5% |
| 2006 | $669 +5.6% | $93,800 -0.2% |
| 2004 | $634 +28.7% | $94,000 -26.7% |
| 2003 | $493 | $128,200 +1543.6% |
| 2001 | -- | $7,800 |
Find assessor info on the county website
Neighborhood: 46635
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Nearby schools
GreatSchools rating
- 3/10Edison Intermediate CenterGrades: K-8Distance: 1.2 mi
- 1/10Rise Up Academy At EgglestonGrades: 9-12Distance: 1.7 mi
- 7/10Swanson Traditional SchoolGrades: PK-5Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Edison
- Middle: Edison
- High: Adams
- District: South Bend Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Saint Joseph County
- South Bend
- 46635
- 54235 Terrace Ln
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