$50,000
SOLD JUN 30, 2025

12570 Preakness Ln Unit 12 Mishawaka, IN 46545

0.75 Acre
$66,667 Price per Acre
32,670 Sq Ft Lot

Recently Sold

9% Below List Price

189 Days on Market

About This Lot

As of June 2025

Welcome to the last lot in Steeplechase Subdivision! Positioned next to a cul-de-sac. Owner has recently removed some trees. Retaining pond toward the back of the property, a great opportunity for some beautiful landscaping around it. Well maintained neighborhood with mature trees. This spacious lot comes in at just under an acre. Needs well and mound septic. With a hundred feet of frontage and 325 feet in length, there is plenty of room for your new build!

Last Agent to Sell the Property

Abigail Keller

St. Joseph Realty Group Listed on: 11/27/2024

Last Buyer's Agent

Abigail Keller

St. Joseph Realty Group Listed on: 11/27/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $416

Lot Details

  • 0.75 Acre Lot
  • Finished Lot(s)
  • Property is zoned R1 Single Family Residential

Schools

  • Elsie Rogers Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Well Required
  • Septic System

Community Details

  • Steeple Chase / Steeplechase Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 71-05-31-379-001.000-031

Property Details

Property Type

Land

Est. Annual Taxes

$416

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 12 Steeplechase Section One Sec 31 38 4E
  • Parcel Number ID: 71-05-31-379-001.000-031
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Paved
  • Parcel Description: Cul-De-Sac, Level, Partially Wooded
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Miscellaneous: Easy Access to Interstate
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: South
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Sewer Type: Septic

Schools

  • Elementary School: Elsie Rogers

Lot Info

  • Lot Dimensions: 100 x 325 sq ft
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75

Tax Info

  • Annual Taxes: 416

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jun 30, 2025
Sold by
Frye Catherine
Bought by
71 Properties And Investments Llc
Seller's Agent
Abigail Keller
St. Joseph Realty Group
Buyer's Agent
Abigail Keller
St. Joseph Realty Group
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Views
113
Current Estimated Value
$49,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$306
Avg. Annual Appreciation
-1.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $50,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $50,000 -9.1% --
06/04/2025 06/04/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $55,000 -- --
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 $416 $22,400 $22,400 --
2023 $401 $22,300 $22,300 $0
2022 $405 $22,300 $22,300 $0
2021 $438 $22,300 $22,300 $0
2020 $433 $22,300 $22,300 $0
2019 $452 $22,300 $22,300 $0
2018 $435 $22,300 $22,300 $0
2017 $449 $22,300 $22,300 $0
2016 $438 $22,300 $22,300 $0
2014 $486 $22,300 $22,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Abigail Keller

    Seller's Agent in 2025

    Abigail Keller

    St. Joseph Realty Group

    (615) 788-6823

    3 in this area

    3 Total Sales

    Abigail Keller
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Map

Source: Indiana Regional MLS

MLS Number: 202445702

Indiana Regional MLS

APN: 71-05-31-379-001.000-031

Indiana St Joseph County Mishawaka 46545

12570 Preakness Ln Unit 12, Mishawaka, IN

Sold

Lots

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Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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