$209,900
SOLD DEC 10, 2024
4 Beds
4 Baths
1,560 Sq Ft
7,257 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

27 Days on Market

About This Home

As of December 2024

Investor notice. Affordable revenue generating 4-plex in River Park. Great location near IUSB, downtown Mishawaka and 1/2 block from the Northside Trail. Four one-bedroom / one bathroom units each @ 400 Sq Ft. Off street parking and separate utilities. All units currently leased. Don't miss an opportunity to own this profitable turnkey rental property in an excellent neighborhood.

Last Agent to Sell the Property

Patrick Ladewski

Irish Realty Brokerage Email: pat.ladewski@irishrealty.net Listed on: 10/23/2024

Last Buyer's Agent

Stephen DiJulius

St. Joseph Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1979

Lot Details

  • 7,257 Sq Ft Lot
  • Lot Dimensions are 44 x 165
  • Level Lot

Home Design

  • Quadruplex
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Nuner Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 71-09-17-252-035.000-026

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • Electric Expense $350
  • Insurance Expense $575
  • Maintenance Expense $3,900
  • Water Sewer Expense $1,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1979
  • Age: 45
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 344 FORDHAMS SUB OF LOT A
  • Parcel Number ID: 71-09-17-252-035.000-026
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail, Water Heater Electric
  • Cross Street: Pleasant St
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 750
  • Monthly Gross Income: 2440
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 1560
  • Above Grade Finished Sq Ft: 1560
  • Price Per Sq Ft: 134.55
  • Flooring: Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Lot, Off Street, Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 350
  • Annual Insurance Expense: 575
  • Annual Maintenance Expense: 3900
  • Annual Water Sewer Expense: 1425
  • Number Electric Meters: 4

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Nuner
  • Middle School: Jefferson
  • High School: Adams
  • Elementary School: Nuner

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44 x 165
  • Estimated Lot Sq Ft: 7257
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 65300
  • Annual Property Tax: 1550

Multi Family

  • Gross Monthly Rent: 2440
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

MLS Schools

  • High School: Adams
  • Middle School: Jefferson
  • School District: South Bend Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $209,900 0.0% $135 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $209,900 -- $135 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202441116

Indiana Regional MLS