55057 Mayflower Rd, South Bend, IN, 46628
About This Home
Unique dual-purpose property in a residential zone with established commercial use. Prior uses include a barber shop, hardwood flooring store, private club, martial arts school, and training center — a track record that speaks to the building's flexibility. Two rooms currently configured as office space have previously served as living space and bedrooms, making the path to full residential conversion straightforward — add a kitchen and closets, and you've got a complete home. The bathroom is currently set up as a separate shower room and half bath configuration; updating to a full bath would better suit residential living. Buyer to verify all uses and obtain proper permits. Well-qualified buyers only — financing for this type of renovation will require lender approval. Nearly 1.5 acres with ample outdoor space for parking, expansion, or storage. Minutes from South Bend International Airport with quick access to US 20/US 31 Bypass and the Indiana Toll Road. Recent updates: new furnace, new water heater, new vinyl flooring in showroom area. 8x10 storage shed included. A rare find for buyers seeking something outside the box — live, work, or both.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1947
Materials
- Foundation: Slab
- Construction materials: Metal Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 1,290
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,290
- Total interior livable area: 1,290 sqft
Property
Details
- Parcel number: 710805126012.000025
Lot
- Lot size: 1.18 Acres
- Features: Irregular Lot
- Lot size dimensions: 205X250
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $884 | $10,608 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $123 | $1,476 |
| Electricity | $184 | $2,212 |
| Total | $1,347 | $16,164 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $174,999 |
View on Zillow