Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1205 Ironwood Dr South Bend, IN 46615-1619

    • Office Properties & Spaces
    • 1,824 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US31-1736596
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ross Deal - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • Steve Wilson - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency

    Property Details for 1205 Ironwood Dr

    Year built
    1971
    Construction
    WOOD
    Lot size
    0.39 lot acres
    Property size
    1,824 SF
    Property type
    Office Properties & Spaces
    APN
    71-09-17-151-002.000-026
    APU
    710917151002000026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $290,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $275,000
      Mixed-Use
      $345,000
      Hospitality
      $330,000
      Educational
      $345,000
      Residential Income
      $290,000
      Energy
      $295,000
      Income-Based Land
      $260,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2154
    Latitude
    41.6621
    CBSA code
    43780
    CBSA name
    SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,575
    $23,400
    $52,700
    $76,100
    -
    $23,400
    $52,700
    $76,100

    Comparable in this City

    • Value Estimation by Request
      8,284 SF

      2419 Jefferson Blvd

      OFFICE (GENERAL) • 8,284 SF
      2419 Jefferson Blvd, South Bend, IN 46615
      View Details
    • Value Estimation
      $335,000
      15,439 SF

      1338 Mishawaka Ave

      OFFICE (GENERAL) • 15,439 SF
      1338 Mishawaka Ave, South Bend, IN 46615-3927
      View Details
    • Value Estimation
      $375,000
      8,754 SF

      1402 Mishawaka Ave

      OFFICE (GENERAL) • 8,754 SF
      1402 Mishawaka Ave, South Bend, IN 46615-1213
      View Details
    • Value Estimation
      $255,000
      1,810 SF

      2911 Mishawaka Ave

      OFFICE (GENERAL) • 1,810 SF
      2911 Mishawaka Ave, South Bend, IN 46615-2259
      View Details
    • Value Estimation
      $315,000
      4,440 SF

      1323 Ironwood Dr

      OFFICE (GENERAL) • 4,440 SF
      1323 Ironwood Dr, South Bend, IN 46615-3525
      View Details
    • Value Estimation
      $280,000
      1,683 SF

      309 Logan St

      OFFICE (GENERAL) • 1,683 SF
      309 Logan St, South Bend, IN 46615-3039
      View Details

    Similar Nearby for Sale

    • $499,000

      South Bend Office Building For Sale

      3,928 SF office building in South Bend with modern amenities.
      310 N Ironwood Dr, South Bend, IN 46615
      View Details
    • $424,900
      0.42 Acres

      South Bend Office Building

      One-story office building with flexible interior and ample parking.
      3533 Mckinley Ave, South Bend, IN 46615
      View Details
    • $480,000
      3,567 SF

      Spacious Office Building For Sale

      3,567 SF office building with river views available for sale.
      1441 Northside Blvd, South Bend, IN 46615
      View Details
    • $495,000
      2,590 SF

      Office/Retail Building with Drive-Thru

      2,590 SF office/retail building with excellent visibility and drive-thru.
      3617 Mckinley Ave, South Bend, IN 46615
      View Details
    • $219,900
      4,364 SF

      Updated Office Building For Sale

      Updated office building with multi-tenant possibilities, near IUSB.
      1434 Mishawaka Ave, South Bend, IN 46615
      View Details
    • $495,000
      8,730 SF

      Warehouse with Expansion Potential

      Warehouse with three overhead doors and expansion possibilities.
      2309 Edison Rd, S Bend, IN 46615
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr

      Professional Office Space Available

      Professionally managed office park with flexible, functional layout.
      1001 Hickory Rd, South Bend, IN 46615
      View Details
    • $1,000 /Mo
      1,000 SF

      Retail Space on Mishawaka Avenue

      1,000 SF retail space available for lease immediately.
      2214 E Mishawaka Ave, South Bend, IN 46615
      View Details
    • $14 SF/Yr
      825 SF

      Retail Space on Ironwood Road

      Retail spaces available in a high-traffic shopping plaza.
      1801-1823 S Ironwood Dr, South Bend, IN 46615
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1205 Ironwood Dr
    South Bend, IN 46615-1619
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.