$52,000
SOLD FEB 19, 2016

121 S Cedar St Mishawaka, IN 46544

4 Beds
4 Baths
2,160 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

13% Below List Price

111 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Laundry in Utility Room
  • Corner Lot
  • Entrance Foyer
  • 1-minute walk to Bingham Park

About This Home

As of October 2022

NICE 3 UNIT APARTMENT IN THE HEART OF MISHAWAKA. DIRECTLY ACROSS FROM COUNTY CITY BLDG. WALKING DISTANCE TO TOWN, RIVER WALK AND CENTRAL PARK. 2 - 1 BED ROOM UNITS AND UPSTAIRS IS EITHER A 2 BED/2 BATH OR IT CAN BE USED AS 1 BED AND EFFICIENCY UNIT WITHOUT A KITCHEN. UPSTAIRS UNIT ALSO HAS WASHER AND DRYER HOOK UP AVAILABLE. UTILITIES ARE NOT SEPARATE, RENT INCLUDES WATER AND ELECTRIC TENANTS PAY PRO RATED GAS FOR HEAT. CORNER LOCATION WITH BRAN NEW SIDEWALKS AND CURBS. **

Last Agent to Sell the Property

Christine Tirotta

Cressy & Everett - South Bend Listed on: 10/13/2015

Cressy & Everett - South Bend

Last Buyer's Agent

Christine Tirotta

Cressy & Everett - South Bend Listed on: 10/13/2015

Cressy & Everett - South Bend

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 60x41
  • Corner Lot

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Battell Elementary School
  • Young Middle School
  • Mishawaka High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for electric, water
  • Assessor Parcel Number 71-09-15-153-017.000-023

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $1,860
  • Insurance Expense $2,800
  • Maintenance Expense $500
  • Trash Expense $452
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1908
  • Age: 108
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 41' S END LOT 31 BARBEES SUB |
  • Parcel Number ID: 71-09-15-153-017.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan, Near Walking Trail, Countertops-Laminate, Foyer Entry, Porch Covered, Washer Hook-Up
  • Cross Street: 3RD
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.81
  • Monthly Gross Income: 1425
  • Year Taxes Payable: 2164
  • Special Features: None

Interior Features

  • Total Sq Ft: 2960
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 800
  • Price Per Sq Ft: 24.07
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 800
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Fuel Expense: 1860
  • Annual Insurance Expense: 2800
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 452
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: School City of Mishawaka
  • Elementary School: Battell
  • Middle School: Young
  • High School: Mishawaka
  • Elementary School: Battell

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 60X41
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Water
  • Tenant Pays: Heating

Multi Family

  • Gross Monthly Rent: 1425
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2164

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 5, 2022
Sold by
Forslund Evan
Bought by
Montano-Cardoso Jesus R
Seller's Agent
Evan Forslund
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Andrew Kern
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%
Views
144
Current Estimated Value
$212,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,900
Avg. Annual Appreciation
2.67%
Original Mortgage
$193,431
Outstanding Balance
$186,086
Interest Rate
6%
Mortgage Type
FHA
Estimated Equity
$26,814

Purchase Details

Closed on
Feb 8, 2022
Sold by
Britney Alvarez
Bought by
Forslund Evan

Purchase Details

Closed on
Feb 2, 2022
Sold by
Alvarez Britney
Bought by
Forslund Evan

Purchase Details

Closed on
Sep 9, 2020
Sold by
Maryellen Flores
Bought by
Alvarez Britney

Purchase Details

Listed on
Oct 13, 2015
Closed on
Feb 19, 2016
Sold by
Minelli Gioacchino and Minelli Lisa
Bought by
Flores Maryellen
Seller's Agent
Christine Tirotta
Cressy & Everett - South Bend
Buyer's Agent
Christine Tirotta
Cressy & Everett - South Bend
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Warranty Deed $70,000 Drake Andrew R
Warranty Deed -- Drake Andrew R
Quit Claim Deed -- Fidelity National Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,431 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $197,000 -1.0% $91 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $199,000 +282.7% $92 / Sq Ft
02/19/2016 02/19/16 Sold $52,000 -13.2% $24 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $59,900 -- $28 / 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 $2,215 $219,400 $14,900 $204,500
2023 $2,215 $191,600 $14,900 $176,700
2022 $1,475 $128,700 $14,900 $113,800
2021 $1,268 $111,400 $7,300 $104,100
2020 $2,460 $104,000 $6,800 $97,200
2019 $1,134 $100,000 $6,600 $93,400
2018 $866 $79,000 $5,400 $73,600
2017 $884 $77,800 $5,400 $72,400
2016 $842 $77,800 $5,400 $72,400
2014 $2,084 $77,100 $5,400 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201548444

Indiana Regional MLS

APN: 71-09-15-153-017.000-023