Active

$235,000

54514 Norwood Dr, South Bend, IN 46628

3beds

1,536sqft

$1,604/mo

Get pre-qualified

Single Family Residence

Built in 1930

0.27 Acres Lot

$228,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Fenced yardSpacious double lot

Enjoy beautiful views of the North Chain O' Lakes from this 3-bedroom home situated on a spacious double lot with a fenced yard and 2-car garage. Important updates over the years include the roof, windows, water heater, and fencing, adding peace of mind for the next owner. Located just across the street from the lake, this property offers a peaceful setting and a wonderful opportunity to create a home that fits your vision. Whether you're looking for your first home, a year-round residence, or a weekend retreat, this property offers a wonderful opportunity to enjoy the beauty of the lake area. Schedule your showing today!

35 days

1,170

50

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom 1

Level: Main

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 90
Dimensions: 10 x 9

Kitchen

Level: Main
Area: 120
Dimensions: 12 x 10

Living room

Level: Main
Area: 308
Dimensions: 22 x 14

Heating

Electric, Baseboard

Cooling

None

Appliances

Included: Dishwasher, Refrigerator, Washer, Dryer-Gas, Electric Range, Electric Water Heater

Features

Basement: Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,304
Total interior livable area: 1,536 sqft
Finished area above ground: 1,536
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck
Fencing: Chain Link
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, Lake, None, Non Ski Lake
Body of water: North Chain Lake
Frontage length: Water Frontage(0)

Lot

Size: 0.27 Acres
Dimensions: 78x151
Features: 0-2.9999

Details

Additional structures: Shed
Parcel number: 710235279026.000029

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Chain O Lakes

Location

Region: South Bend

Financial & listing details

Tax assessed value: $122,700
Annual tax amount: $2,858
Date on market: 7/15/2026
Listing terms: Cash,Conventional

Estimated market value

$228,200

$217,000 - $240,000

$1,361/mo

Price history

Date	Event	Price
7/15/2026	Listed for sale	$235,000+41.6%
Source: IRMLS #202628396 Report a problem
3/23/2021	Sold	$166,000-5.1%$108/sqft
Source: NIRA as distributed by MLS GRID #484926 Report a problem
11/16/2020	Listed for sale	$175,000$114/sqft
Source: Blackrock Real Estate Services #484926 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,006 -5%	$122,700 +44.5%
2024	$2,111 -0.8%	$84,900 -4.1%
2023	$2,127 +45%	$88,500 -0.1%
2022	$1,467 +13.8%	$88,600 +45.2%
2021	$1,289 +21.5%	$61,000 +13.8%
2020	$1,060 +0.2%	$53,600 +1.3%
2019	$1,059 -7.2%	$52,900 +14.5%
2018	$1,141 -4%	$46,200 +0.7%
2017	$1,188 +5.4%	$45,900 -0.2%
2016	$1,127 -2.4%	$46,000 +1.1%
2014	$1,154 +290.1%	$45,500
2013	$296 -2.8%	$45,500
2012	$304 +86.5%	$45,500 +55.3%
2011	$163 +1.7%	$29,300
2010	$161 +24.7%	$29,300
2009	$129	$29,300 -1.3%
2007	--	$29,700
2006	$670 +9.1%	$29,700 -50%
2004	$615 +134.4%	$59,400 -11.8%
2003	$262	$67,380 +2433.1%
2001	--	$2,660