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    51690 Inverness Dr South Bend, IN 46628

    Sponsored
    For Sale
    $94,900

    1.65 Acres, Wooded Lots, Water Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.65-acre property in desirable West Wood Shores, South Bend, Indiana, presents a unique opportunity for residential development. The land encompasses two contiguous lots, identified as 51690 and 51720 Inverness Drive (APN 71-02-14-327-001.000-029), offering significant potential. The wooded lots boast attractive walkout potential, taking advantage of the desirable water frontage. Buyers will appreciate the tranquil setting, adjacent to federally protected wetlands, ensuring a peaceful and natural environment. The asking price for this combined parcel is $94,900. This is a rare chance to acquire a substantial piece of land in a sought-after location. Owner financing is available, making this an even more attractive proposition for prospective buyers. The property is located in St. Joseph County, Indiana, with a zip code of 46628, and its precise coordinates are 41.741521 latitude and -86.381545 longitude. Don't miss this chance to build your dream home in this idyllic setting.

    Property Features for 51690 Inverness Dr

    General Information

    Property type
    Land
    Lot Size
    71,874 SF

    HighLights

    • $94,900 asking price for 1.65 acres of residential land.
    • Located at 51690 Inverness Dr, South Bend, IN 46628 (APN: 71‑02‑14‑327‑001.000‑029).
    • Includes two lots (51690 and 51720 Inverness Dr) totaling 1.65 acres.
    • Wooded lots with walkout potential and water frontage.
    • Adjacent to federally protected wetlands.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Dental Office Hotel & Motel Kitchen & Bath Bed & Breakfast Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.381545
    Latitude
    41.741521

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    FAQs

    What type of property is this?
    Land - 1.65 Acres, Wooded Lots, Water Frontage
    Where is this land located?
    The property is located at 51690 Inverness Dr South Bend, IN.
    What is the asking price?
    The asking price for this property is $94,900.
    What are key features of this property?
    This property features: $94,900 asking price for 1.65 acres of residential land.; Located at 51690 Inverness Dr, South Bend, IN 46628 (APN: 71-02-14-327-001.000-029).; Includes two lots (51690 and 51720 Inverness Dr) totaling 1.65 acres.
    (574) 250-5024
    Request Owner's contact information
    51690 Inverness Dr South Bend, IN 46628
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    South Bend, IN 46628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51690 Inverness Dr South Bend, IN 46628
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