NOT LISTED FOR SALE

127 W 8th St Mishawaka, IN 46544

Estimated Value: $110,000 - $189,000

4 Beds
2 Baths
1,836 Sq Ft
$80/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $80,500 $44 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $980/month

8 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet

About This Home

As of August 2021

Front Apt has 3 bdrms, 1 bath and is NOT currently rented, upstairs apt has 1 bdrm, 1 bath. Upstairs apt is rented for $475/month, front apt was rented for $750, water/sewer is included remainder of utilities are paid by tenants. Good income producing property. House sold "as IS" and priced accordingly. Can be rented as is. Not in bad shape, but older home.

Last Agent to Sell the Property

Joni Moser/Ladig

Moser Realty Listed on: 07/07/2021

Last Buyer's Agent

Trudy Lynn Thornburg

Milestone Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Block Basement Construction

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for tax, water
  • Assessor Parcel Number 71-09-16-476-001.000-023

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1906
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Mcinernys 01 addtn Mishawaka
  • Parcel Number ID: 71-09-16-476-001.000-023
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: mill
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 108.93
  • Monthly Gross Income: 1225
  • Special Features: None

Interior Features

  • Total Sq Ft: 2741
  • Total Finished Sq Ft: 1836
  • Above Grade Finished Sq Ft: 1836
  • Below Grade Sq Ft: 905
  • Price Per Sq Ft: 43.85
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Block
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 905
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Block
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City, Public
  • Electric Company: NIPSCO, Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Annual Insurance Expense: 1600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50x115
  • Estimated Lot Sq Ft: 5750
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 96500
  • Annual Property Tax: 2283

Multi Family

  • Gross Monthly Rent: 1225
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 4, 2021
Sold by
Laidig Apt Llc
Bought by
Rolo Inv Llc
Seller's Agent
Joni Moser/Ladig
Moser Realty
Buyer's Agent
Trudy Lynn Thornburg
Milestone Realty, LLC
List Price
$73,900
Sold Price
$80,500
Premium/Discount to List
$6,600
8.93%
Total Days on Market
8
Current Estimated Value
$147,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,781
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Sep 19, 2017
Sold by
Laidig Matt
Bought by
Laidig Apartments Llc

Purchase Details

Listed on
May 9, 2012
Closed on
Jul 24, 2012
Sold by
Fannie Mae
Bought by
Laidig Matt
Seller's Agent
Pam Colen
McKinnies Realty, LLC
Buyer's Agent
Shawn Forsythe
Collins & Company Realtors,Inc
List Price
$36,000
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Chizum Dennis D and Chizum Janis L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 30, 2005
Sold by
Chizum Dennis D and Chizum Janis L
Bought by
Hodge Tanett
Source: Public Records

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Range of Values:

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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
Rolo Inv Llc $161,000 None Available
Laidig Apartments Llc -- --
Laidig Matt -- None Available
Federal National Mortgage Association $64,970 None Available
Hodge Tanett -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chizum Dennis D $51,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $80,500 +8.9% $44 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $73,900 +105.3% $40 / Sq Ft
07/25/2012 07/25/12 Sold $36,000 0.0% $25 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $36,000 -- $25 / 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 $1,866 $126,300 $18,900 $107,400
2023 $1,865 $79,500 $8,200 $71,300
2022 $1,865 $79,500 $8,200 $71,300
2021 $2,049 $86,900 $9,200 $77,700
2020 $2,283 $96,500 $10,200 $86,300
2019 $2,188 $92,100 $9,700 $82,400
2018 $2,462 $82,900 $9,200 $73,700
2017 $2,633 $82,200 $9,200 $73,000
2016 $1,949 $63,700 $9,200 $54,500
2014 $1,790 $66,200 $9,200 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202126593

Indiana Regional MLS

APN: 71-09-16-476-001.000-023