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    126 Cripe St South Bend, IN 46637

    Sponsored
    For Sale
    $119,000

    Prime South Bend lot, 0.17 acres, near Notre Dame.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.17-acre residential lot in South Bend, Indiana, presents a compelling investment opportunity. Located at 126 E Cripe St, this vacant lot boasts a highly desirable location, just a short distance from US-33 and a two-minute drive to both the prestigious Notre Dame and Saint Mary's College campuses. The property's APN is 71-03-25-326-028.00, and its address is verified within St. Joseph County, Indiana, zip code 46637 (latitude 41.714277, longitude -86.249352). The asking price is $119,000. This lot offers significant potential for various development projects. Consider the possibility of constructing a multi-family dwelling, perhaps by acquiring the adjacent property to the east (which is available for purchase separately), creating a larger buildable area. Alternatively, the lot could accommodate a single-family rental home, capitalizing on the strong rental demand in this sought-after neighborhood. The property's proximity to major roadways and renowned educational institutions makes it an attractive proposition for both residential and investment purposes. Note that the provided photos are illustrative of potential development and do not reflect the current vacant state of the lot. This is a rare opportunity to acquire a well-situated lot in a thriving South Bend community.

    Property Features for 126 Cripe St

    General Information

    Property type
    Land
    Lot Size
    7,405 SF

    HighLights

    • $119,000 asking price.
    • 0.17‑acre residential land lot.
    • Located at 126 E Cripe St, South Bend, IN 46637 (APN: 71‑03‑25‑326‑028.00).
    • Excellent investment opportunity near Notre Dame and Saint Mary's College.
    • Potential for multi‑family development or additional rental property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    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
    -86.249352
    Latitude
    41.714277

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    FAQs

    What type of property is this?
    Land - Prime South Bend lot, 0.17 acres, near Notre Dame.
    Where is this land located?
    The property is located at 126 Cripe St South Bend, IN.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: $119,000 asking price.; 0.17-acre residential land lot.; Located at 126 E Cripe St, South Bend, IN 46637 (APN: 71-03-25-326-028.00).
    (574) 250-5024
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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
    126 Cripe St South Bend, IN 46637
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