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55405 WOODLAND AVE SOUTH BEND, IN 46628
- Vacant Land / For Sale by Owner
Property Details for 55405 WOODLAND AVE, SOUTH BEND, IN 46628
Features
- Price/sqft: $0
- Lot Size: 0.88 acres
Facts
- Property ID: 807835786
- Parcel Number: 71-08-04-158-006.000-025
- Property Type: Vacant Land
- County: ST JOSEPH
Description
This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.
This listing is NOT a foreclosure. An excellent opportunity to develop a large, residential corner lot in the up-and-coming neighborhood of Packard Reo in South Bend, Indiana. The property is located near key amenities, including the South Bend Airport, three schools and a number of parks, restaurants and grocery stores. The South Bend Country club is a short drive away. The 0.73 acres lot can accommodate new construction and a spacious yard to appeal to professionals and families. Close to the University of Notre Dame and 5 minutes from downtown South Bend, the property has excellent rental potential. Comparable rental rates in the area are $800-$1000/month. The real estate market in the greater neighborhood of Packard Reo (including the Ardmore community where the lot is located) is hot, growing 6.3% in the last twelve months, and expected to grow another 3.3% within the next year. The average price per square foot is $112, which is higher than the South Bend average of $99/sqf. The median price of listed homes is $200,900. Dont miss your chance to take advantage of this offer - great location, even better market potential.Promo video: https://bit.ly/2W99MDR$500 DOWN AND YOU QUALIFY! -- NO CREDIT CHECK
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