Seller owns the property outright. This bid is for the 100% of the purchase price of property.

This house is a large 4 bed 1 bath house. This house may have potential to be converted to student housing and individual rooms can be rented to students in Norte Dame. That can bring in substantial rent. House caught fire around November, 2019 and is boarded up by fire department. Seller have not been inside the house since. Yearly taxes are low on this property as described below.

MLS listings in this area show even completely destroyed houses priced at minimum of $25K.

Bidder should do own research and due diligence before making the bid. The seller will issue a quit claim deed. Seller is selling “As-is” and have not done any inspection of the house.

Address: 1319 Linden, South Bend, IN
Bedrooms: 4
Bathrooms: 1
House Area: 1680 Sq Ft
Lot Size: 5200 Sq ft
Owner: Allied Indiana Investments LLC (An Indiana LLC)
Real Estate Type: Single Family House
Parcel ID: 018-1050-2156
County: St. Joseph
Taxes Due in 2020: $354.46
Annual Taxes: $397.46

Buyer pays = Winning bid +$500 for document processing + 10% of purchase winning bid as buyer premium ($500 minimum).

Property Taxes
Buyer is responsible taxes that were due on November 10, 2020 of $354.46. Taxes are not due at the time of closing. Buyer can pay taxes directly to county at later time.

Link to tax bill: Here

Nonrefundable
This is a non-refundable sale. No refund will be issued.

Mode of payment is wire transfer. No credit card payments.