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    Property profile & analytics

    425 Dixie Way South Bend, IN 46637-3313

    • Hotels
    • 34,528 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Last Sale
    Jul 08, 2024
    Location Intelligence
    Property ID
    US31-1499416
    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

    • Americas Best Value Inn South Bend at Notre Dame / Hotel / Motel
    • Quality Inn South Bend near Notre Dame / Hotel
    • Americas Best Value Inn / Hotel

    Property Details for 425 Dixie Way

    Year built
    1987
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    34,528 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    71-03-25-102-006.000-007
    APU
    710325102006000007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $735,000
      6.5%
      $850,000
      7%
      $855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $685,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $760,000
      Retail
      $900,000
      Mixed-Use
      $925,000
      Hospitality
      $870,000
      Educational
      $755,000
      Residential Income
      $855,000
      Energy
      $670,000
      Income-Based Land
      $880,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2515
    Latitude
    41.7204
    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
    $16,707
    $142,200
    $457,400
    $599,600
    -
    $142,200
    $457,400
    $599,600

    Comparable in this City

    • Value Estimation by Request
      63,374 SF

      52860 Indiana State Rte 933n

      HOTEL/MOTEL • 63,374 SF
      52860 Indiana State Rte 933n, South Bend, IN 46637-3245
      View Details
    • Value Estimation
      $560,000
      20,378 SF

      1404 Ivy Ct Rd-unit, Unit 10

      HOTEL/MOTEL • 20,378 SF
      1404 Ivy Ct Rd-unit, South Bend, IN 46637-5685
      View Details
    • Value Estimation by Request
      41,512 SF

      52554 Indiana State Rte 933

      HOTEL/MOTEL • 41,512 SF
      52554 Indiana State Rte 933, South Bend, IN 46637-3239
      View Details
    • Value Estimation by Request
      31,275 SF

      222 Dixie Way

      HOTEL/MOTEL • 31,275 SF
      222 Dixie Way, South Bend, IN 46637-3318
      View Details
    • Value Estimation by Request
      88,953 SF

      53760 31st N

      HOTEL/MOTEL • 88,953 SF
      53760 31st N, South Bend, IN 46637
      View Details
    • Value Estimation by Request
      22,968 SF

      19601 Cleveland Rd

      HOTEL/MOTEL • 22,968 SF
      19601 Cleveland Rd, South Bend, IN 46637-3202
      View Details

    Similar Nearby for Sale

    • $38,900
      0.06 Acres

      Roseland Commercial Land - $38,900

      Prime 0.06-acre lot near Notre Dame.
      109 Dixie Way, Roseland, IN 46637
      View Details
    • $932,000
      14.30 Acres

      Residential Land Near Notre Dame

      14.3 acres of residential land suitable for apartments or condos.
      V/L Juniper Rd, South Bend, IN 46637
      View Details
    • $89,000
      12.80 Acres

      Commercial Land Near Notre Dame

      2.8 acres with road frontage near Notre Dame and Toll Road.
      51909 N Sr 933 Hwy, South Bend, IN 46637
      View Details
    • $1,000,000

      Multifamily Building Near Notre Dame

      Eight-unit multifamily building near the University of Notre Dame.
      Roseland, IN 46637
      View Details
    • $280,000
      1,432 SF

      Single-Story Home Near Notre Dame

      One-story home near Notre Dame, downtown South Bend, and Mishawaka.
      18391 Crownhill Dr, South Bend, IN 46637
      View Details
    • $325,000
      0.51 Acres

      South Bend Commercial Land - $325K

      High-traffic location, prime development opportunity.
      114 Dixie Way, South Bend, IN 46637
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      4,000 SF

      South Bend Retail Build-to-Suit

      Prime South Bend location, flexible space.
      52885 Sr 933, South Bend, IN 46637
      View Details
    • $12 SF/Yr
      8,500 SF

      State Road 933 Retail Space

      High-traffic retail space available. Ideal for multiple tenants.
      51236 State Hwy, South Bend, IN 46637
      View Details
    • $24 SF/Yr

      Retail Space Near Notre Dame

      Retail space in high-traffic location near Notre Dame.
      52991 State Rd, South Bend, IN 46637
      View Details
    • $40 SF/Yr
      3,000 SF

      South Bend Auto Repair Site

      3,000 SF Freestanding Building, High Traffic
      50860 State Hwy, South Bend, IN 46637
      View Details
    • $16 SF/Yr

      Freestanding Office/Retail Building For Rent

      4,858 SF office/retail building with excellent visibility and parking.
      52530 State Hwy, South Bend, IN 46637
      View Details
    • $26 SF/Yr
      6,164 SF

      South Bend Retail Center Investment

      High-traffic retail space, 6,164 sq ft
      52991 State Hwy, South Bend, IN 46637
      View Details
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    425 Dixie Way
    South Bend, IN 46637-3313
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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
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