1240 Honan Drive (map)
asking price: $194,900
2 bedrooms, 2 baths
1,564 square feet
built: 1985
association fee: $372 / month
2005 taxes: $4,804
parking: attached 2-car garage
a Cressy and Everett listing
Erskine Manor is a south side neighborhood with a single entrance and variety of housing options, all expensive. The mix consists of stately single family homes, large townhouses and an historic mansion reinvented as a condo building. The townhouse interiors vary, but from the outside they have a set look.
Erskine manor townhouses have covered entrances, though owners would most often enter through the attached garage, which opens to the kitchen. I entered the townhouse at which has been for sale since May of 2005 and found it in need of cleaning / staging, but attractive. With its secluded location and deck overlooking a treed common area, it feels like a single family home.
The kitchen has been updated with granite counters, wood floors/cabinets and stainless appliances.
It is open to the living/dining area, which is carpeted and features a fireplace flanked by built-in bookcases.
The far wall conists of of four sliding doors that open to a large deck overlooking some treed common space.
The master bedroom has a large bathroom with a walk-in closet and a small laundry. It offers double vanity and walk-in shower but no tub.
The second bedroom has the same wood floors as the kitchen and a sliding door rather than bedroom door. It feels like an office, but has a closet and could be made a bedroom with some decor and a new door. It is near the guest bath, which also has a shower and no tub.
The best features of the home are its large windows – twelve altogether, and its location in an upscale residential neighborhood. A number of South Bend’s shared wall units are in more commercial areas, and this is a nice alternative for people who choose not to live on a highway or next to a gas station.
The taxes and fees may be an issue for some buyers. The unit is listed for $194,900, has a monthly fee of $372 and taxes of $4,800 a year. The taxes will decrease if the new owner qualifies for homestead and mortgage exemptions but the monthly cost approaches $800 per month – before the mortgage payment.
If you are looking for a second home for Notre Dame weekends or an investment to hold and resell for a profit, 1240 Honan is probably not the home for you. But if you are looking for a nice townhouse in a nice neighborhood and are willing to pay for it, you should see 1240 Honan. Visit the Michiana Real Estate Guide for more information on Erskine Manor, Oak Hill and every other South Bend condo and townhouse, or contact me for a consultation to help you find the right condo or townhouse for your needs.
Nick Molnar
Home Gallery
nick@realst8.com
574-309-3758