$100,000
$5K PRICE DROP

118 S Merrifield Ave Mishawaka, IN 46544

Estimated payment $671/month

Total Views 37,519
2 Beds
1 Bath
992 Sq Ft
$101 Price per Sq Ft

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • 1 Car Detached Garage
  • Partially Fenced Property
  • Carpet

About This Home

Motivated seller! Located on Merrifield Ave in Mishawaka, this 2-bedroom, 1-bath home has great bones and just needs your upgrades. The home is currently tenant-occupied and generating $900/month in rental income, offering immediate returns from day one. The property does need some updating and TLC, making it ideal for a buyer with vision. Whether you're a seasoned investor or looking for your first rental project, this home has solid potential in a desirable and conveniently located area near parks, schools, and downtown amenities. Sold as-is. Cash or conventional financing only.

Listing Agent

Carson Eddy

Coldwell Banker Real Estate Group Brokerage Phone: 574-303-7622 Listed on: 05/06/2025

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1902

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40x80
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 992 Sq Ft Home
  • 1.5-Story Property
  • Laminate Countertops
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Beiger Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • Ward Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-09-15-252-022.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,423

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1902
  • Age: 123
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 40'S End 90'N End Lot 3 & 40'S End 90'N End 20.3'W Side Lot 4 Wards 1st Add
  • Parcel Number ID: 71-09-15-252-022.000-023
  • Platted: Yes
  • Amenities: Countertops-Laminate, Dryer Hook Up Electric, Porch Covered
  • Location: City/Town/Suburb
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 992
  • Total Finished Sq Ft: 992
  • Above Grade Finished Sq Ft: 992
  • Price Per Sq Ft: 100.81
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Bedroom 1: Dimensions: 13x13, On Level: Upper
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Partial

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x20
  • Garage Sq Ft: 280
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Company: Mishawaka Utility

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x80
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Tax Info

  • Annual Taxes: 1422.52

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,423 $99,400 $17,100 $82,300
2023 $1,377 $60,600 $5,400 $55,200
2022 $1,377 $58,700 $5,400 $53,300
2021 $1,297 $55,000 $6,100 $48,900
2020 $1,653 $69,900 $7,800 $62,100
2019 $1,594 $67,100 $7,500 $59,600
2018 $1,560 $53,500 $6,100 $47,400
2017 $1,665 $53,100 $6,100 $47,000
2016 $1,593 $53,100 $6,100 $47,000
2014 $1,390 $52,200 $6,100 $46,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $100,000 -4.8% $101 / Sq Ft
05/06/2025 05/06/25 For Sale $105,000 +268.4% $106 / Sq Ft
11/04/2018 11/04/18 Sold $28,500 -16.2% $30 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $34,000 -14.8% $36 / Sq Ft
07/03/2018 07/03/18 Price Changed $39,900 -10.3% $43 / Sq Ft
06/19/2018 06/19/18 Price Changed $44,500 -5.3% $48 / Sq Ft
06/13/2018 06/13/18 Price Changed $47,000 -5.8% $50 / Sq Ft
05/15/2018 05/15/18 Price Changed $49,900 -8.4% $53 / Sq Ft
05/08/2018 05/08/18 For Sale $54,500 -- $58 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title
Warranty Deed -- None Listed On Document
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202516187

Indiana Regional MLS

APN: 71-09-15-252-022.000-023