54161 Terrace Ln
South Bend, IN 46635
3 bd 1 ba 1,448 sqft Built 1940 Lot 9,900 sqft single_family
Most recent sale
$155,000
Aug 4, 2020
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 9, 2024 | Sold | $210,150 | IRMLS |
| Apr 4, 2024 | Listed | $215,000 | IRMLS |
| Aug 4, 2020 | Sold | $155,000 | Public Record |
| Oct 20, 2017 | Sold | $56,000 | Public Record |
| Oct 6, 2017 | Listing removed | $59,900 | IRMLS |
| Sep 14, 2017 | Price changed | $59,900 | IRMLS |
| Aug 7, 2017 | Listed | $69,900 | IRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $147,000 | $44,300 | $191,300 | $1,631 |
| 2023 | $147,000 | $44,300 | $191,300 | $3,507 |
| 2022 | $110,700 | $44,300 | $155,000 | $3,524 |
| 2021 | $118,500 | $9,700 | $128,200 | $3,121 |
| 2020 | $107,400 | $8,800 | $116,200 | $1,117 |
| 2018 | $83,600 | $6,700 | $90,300 | $671 |
| 2017 | $81,200 | $6,700 | $87,900 | $601 |
| 2016 | $75,000 | $5,500 | $80,500 | $515 |
| 2015 | $74,100 | $5,500 | $79,600 | $445 |
| 2013 | $74,100 | $5,600 | $79,700 | $551 |
| 2012 | $58,600 | $4,400 | $63,000 | $368 |
| 2011 | $85,600 | $5,200 | $90,800 | $659 |
| 2010 | $85,600 | $5,200 | $90,800 | $508 |
| 2009 | $85,600 | $5,200 | $90,800 | $484 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,448 sqft
Lot size
9,900 sqft
ZIP code
46635
City
South Bend
Street
Terrace Ln
Coordinates
41.70671, -86.21560
Comparable properties nearby
Frequently asked questions
When did 54161 Terrace Ln last sell?
54161 Terrace Ln most recently sold on Aug 4, 2020 for $155,000.
What is the current tax assessment for 54161 Terrace Ln?
The most recent total assessment for 54161 Terrace Ln (year 2025) is $191,300 with $1,631 in property tax.
How does 54161 Terrace Ln's assessment compare to its last sale price?
The current assessment is 23.4% above the last sale price of $155,000.
When was 54161 Terrace Ln built?
54161 Terrace Ln was built in 1940.
How does 54161 Terrace Ln compare to others on Terrace Ln?
We track 8 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 54161 Terrace Ln?
54161 Terrace Ln is a 3 bed, 1 bath, 1,448 sqft, 9,900 sqft lot single_family.
Is 54161 Terrace Ln a flip candidate?
No — 54161 Terrace Ln does not appear in our flips dataset.
Is 54161 Terrace Ln a tax-appeal candidate?
No — 54161 Terrace Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.2%
Implied 1-yr
+16.9%
2026 Q3
$289.2K
2026 Q4
$298.8K
ZIP 46635 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ln