$629,000

12340 Lincoln Way E Mishawaka, IN 46544

Estimated payment $3,827/month

Total Views 36,841
3.6 Acres
$174,722 Price per Acre
156,816 Sq Ft Lot

About This Lot

Great development opportunity on heavily traveled Lincolnway East (16,800 cars daily) with over 300 FT of frontage. Zoned County Industrial, the property is a prime parcel for industrial or commercial development of various sorts. City water is at the site and city sewer is across the street as well as 2 parcels to the East and 3 parcels to the West (see attached utility map in photos). To access the city utilities, the City of Mishawaka will require an annexation of the property into the city. Property currently has a car lot building in the front and 3 industrial buildings in the back. One building is in rough shape and the other 2 are in decent shape and usable. Excellent proximity, only 1.5 miles from the corner of Lincolnway E and IN-331/Capital Ave., 3.5 miles to Downtown Mishawaka, 4 miles to US 20 Bypass. Taxes: $4,235.40

Listing Agent

John Piraccini

Coldwell Banker Real Estate Group Brokerage Phone: 574-243-9522 Listed on: 01/14/2025

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,235

Lot Details

  • 3.6 Acre Lot
  • Lot Dimensions are 305x551
  • Property fronts a state road
  • Finished Lot(s)
  • Property is zoned I Industrial District, I: Industrial

Schools

  • Elm Road Elementary School
  • Grissom Middle School
  • Penn High School

Listing and Financial Details

  • Assessor Parcel Number 71-10-18-251-008.000-031

Property Details

Property Type

Land

Est. Annual Taxes

$4,235

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Industrial Land
  • Legal Description: 3.601 AC M OR L BEG 1640.03' W OF INTER OF N LINE OF I & M & E SEC LINE NE SEC 18 37 4E
  • Parcel Number ID: 71-10-18-251-008.000-031
  • Platted: Yes
  • Road Access: State
  • Road Surface: Paved
  • Zoning Description: I: Industrial
  • Parcel Description: 3-5.9999
  • Road Frontage Description: On LWE
  • Type Use: Commercial, Industrial
  • County Zoning: I Industrial District
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Sewer Type: City

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elm Road
  • Middle School: Grissom
  • High School: Penn
  • Elementary School: Elm Road

Lot Info

  • Lot Dimensions: 305X551
  • Estimated Lot Sq Ft: 156816
  • Estimated Lot Size Acres: 3.6

Tax Info

  • Annual Taxes: 4235.4
  • Tax Code: Tax Code 14-Penn

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 For Sale $629,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202501230

Indiana Regional MLS

APN: 71-10-18-251-008.000-031