Half a Million in South Bend (and Granger and Mishawaka) Indiana

by Nick Molnar on October 20, 2008

A reader wonders

what throwing down half a million buys you in the area?

Based on sales this year between $450k and $550k this year, you could expect a newer 3,000 – 4,000 square foot home with 3 or 4 bedrooms, 3.5 bathrooms and some combination of the following:

  • Brick front

  • with a 2-story living space
  • with a wall of windows
    Wall of Windows in Granger Indiana
  • and a balcony or catwalk that overlooks it
    Catwalk in Granger Indiana
  • an island kitchen
    Island Kitchen in South Bend, Indiana
  • a master bath with a big tub and tiled shower tucked to one side
    Master Bath in Granger, Indiana
  • a finished lower level, often a walkout
    Walkout lower level in Granger, Indiana
  • a moderately complicated roofline so your house looks great on Google Maps
    Roofline in Granger, Indiana
  • a 3-car garage for all your toys
    3-car garage in Granger Indiana
  • and prime setting – 1+ acre, a wooded lot, or on an artificial pond – so you have something to see from your wall of windows.
    Pond in South Bend, Indiana

But you’ll have to wade through homes on the market that:

  • are near drawbacks like power lines
    Home near Power Lines in Granger, Indiana
  • are listed for 30%+ more than the seller paid at the peak of the market in 2006
    Price History of one home in Granger Indiana
  • have custom upgrades and decor from the last owner
  • or are in areas where you will be surrounded by vacant lots and construction for years at the current pace of new home construction
    New neighborhood in Granger, Indiana

Want to see more?
Homes that are listed for sale at 450-550k

Leave a Comment