NOT LISTED FOR SALE

1023 Somerset Ave Mishawaka, IN 46544

Estimated Value: $131,000 - $175,000

3 Beds
1 Bath
984 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $132,000 $134 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $938/month

6 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Central Air

About This Home

As of November 2022

Welcome home!! This freshly renovated three bedroom ranch is ready to make some memories. Nestled right across the street from Mary Gibbard Park in Mishawaka sits this little gem. It will make for a great starter home for a new family or perfect for someone looking to downsize. Nice sized basement with tall ceilings for extra storage. Extra yard space as well as a crushed concrete drive being added. Schedule your private tour for a better look of what's inside these four walls!

Last Agent to Sell the Property

Alek Cherrone

eXp Realty, LLC Listed on: 10/05/2022

eXp Realty, LLC

Co-Listed By

Zena Marie Capers

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Last Buyer's Agent

Deb Metzger

McKinnies Realty, LLC

McKinnies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1921

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Corner Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Twin Branch Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Floral Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-09-17-381-026.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1921
  • Age: 101
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 242 Floral Park Add
  • Parcel Number ID: 71-09-17-381-026.000-023
  • Platted: Yes
  • Sp Lp Percent: 101.54
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1968
  • Total Finished Sq Ft: 984
  • Above Grade Finished Sq Ft: 984
  • Below Grade Sq Ft: 984
  • Price Per Sq Ft: 134.15
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 984

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: School City of Mishawaka
  • Elementary School: Twin Branch
  • Middle School: John Young
  • High School: Mishawaka
  • Elementary School: Twin Branch

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 40x120
  • Estimated Lot Sq Ft: 4800
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 802

MLS Schools

  • High School: Mishawaka
  • Middle School: John Young
  • School District: School City of Mishawaka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 24, 2022
Sold by
Beryllium Investments Llc
Bought by
Goen David P
Seller's Agent
Alek Cherrone
eXp Realty, LLC
Buyer's Agent
Deb Metzger
McKinnies Realty, LLC
List Price
$130,000
Sold Price
$132,000
Premium/Discount to List
$2,000
1.54%
Views
67
Current Estimated Value
$155,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,261
Avg. Annual Appreciation
5.76%
Original Mortgage
$7,920
Outstanding Balance
$5,984
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$149,277

Purchase Details

Closed on
Feb 1, 2022
Sold by
Sheriff Of St Joseph County
Bought by
Beryllium Investments Llc and State Of Indiana Department Of

Purchase Details

Closed on
Jan 26, 2022
Sold by
Sheriff Of St Joseph County
Bought by
Beryllium Investments Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Brackley Ethan and Brackley Caroline
Bought by
Pallo Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,318
Interest Rate
6.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goen David P -- Metropolitan Title
Beryllium Investments Llc $52,441 None Listed On Document
Pallo Shawn -- Meridian Title Corp
Beryllium Investments Llc $105,082 Manley Deas Kochalski Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goen David P $7,920
Open Goen David P $129,609
Previous Owner Pallo Shawn $75,318
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $132,000 +1.5% $134 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $130,000 -- $132 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,411 $142,300 $19,100 $123,200
2023 $1,411 $125,000 $19,100 $105,900
2022 $1,179 $105,400 $18,200 $87,200
2021 $1,105 $99,000 $11,400 $87,600
2020 $802 $82,100 $9,500 $72,600
2019 $621 $73,200 $8,500 $64,700
2018 $547 $65,300 $7,500 $57,800
2017 $561 $63,600 $7,500 $56,100
2016 $534 $63,600 $7,500 $56,100
2014 $747 $81,300 $7,500 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202241468

Indiana Regional MLS

APN: 71-09-17-381-026.000-023