NOT LISTED FOR SALE

1501 S Main St Mishawaka, IN 46544

Estimated Value: $157,000 - $218,000

3 Beds
1 Bath
1,572 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $126,000 $80 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,208/month

24 Days on Market

Highlights

  • Corner Lot
  • Formal Dining Room
  • Bungalow
  • Meadow's Edge Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Well built, all brick, 3 bedroom home in Mishawaka's attractive Rose Park neighborhood, (just check out all the nice houses around it and as you walk to the park). What potential! And in the PENN school district, (check out for yourself). Bedrooms and living room need flooring and paint, (ceiling in living room has a few tiles coming down). Kitchen and bath need complete upgrade. Do it yourself and build equity as you progress. This house has great "bones" and quite a bit of room making it a perfect starter home that you can remodel according to your own taste. Seller is NOT prepared or capable of making repairs. House is sold as-is. What you see is what you're buying. This will not go FHA. With the right "facelift" this will be worth many thousands of dollars more. Measurements, dimensions and schools are deemed reliable but not warranted. Have your agent verify if needed.

Last Agent to Sell the Property

Larry Cole

Cole Realty Group, LLC Brokerage Phone: 574-277-3888 Listed on: 08/27/2023

Last Buyer's Agent

Larry Cole

Cole Realty Group, LLC Brokerage Phone: 574-277-3888 Listed on: 08/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1948

Lot Details

  • 7,808 Sq Ft Lot
  • Lot Dimensions are 64x122
  • Corner Lot
  • Level Lot
  • Property is zoned R1 Single Family Residential

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Limestone

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 2 Bedrooms in Basement

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-21-276-005.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,931

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Age: 75
  • Style: One and Half Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: NO 1/2 LOT 6 & LOT 7 AND VAC ALLEY W AND ADJ OLIVER SMITH ADD
  • Parcel Number ID: 71-09-21-276-005.000-023
  • Platted: Yes
  • Amenities: Formal Dining Room
  • Cross Street: 16th St
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 84.06
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3144
  • Total Finished Sq Ft: 1572
  • Above Grade Finished Sq Ft: 1572
  • Above Grade Unfinished Sq Ft: 300
  • Below Grade Sq Ft: 1272
  • Price Per Sq Ft: 80.15
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 28x12, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 12x8, On Level: Main
  • Extra Room: Landing room upstairs, Dimensions: 16x6, On Level: Upper
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1272

Exterior Features

  • Exterior: Brick, Limestone
  • Roof Material: Dimensional Shingles, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility

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 Description: Corner, Level
  • Lot Dimensions: 64X122
  • Estimated Lot Sq Ft: 7808
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 67

Tax Info

  • Annual Taxes: 1931
  • Total Assessed Value: 169900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Nov 24, 2023
Sold by
Niedbalski Gloria
Bought by
Phan Danny
Seller's Agent
Larry Cole
Cole Realty Group, LLC
Buyer's Agent
Larry Cole
Cole Realty Group, LLC
List Price
$154,900
Sold Price
$126,000
Premium/Discount to List
-$28,900
-18.66%
Total Days on Market
24
Views
137
Current Estimated Value
$187,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,024
Avg. Annual Appreciation
26.68%

Purchase Details

Listed on
Aug 27, 2023
Closed on
Oct 25, 2023
Sold by
Patton Peggy Lee
Bought by
Donathen David C
Seller's Agent
Larry Cole
Cole Realty Group, LLC
Buyer's Agent
Larry Cole
Cole Realty Group, LLC
List Price
$154,900
Sold Price
$126,000
Premium/Discount to List
-$28,900
-18.66%
Views
137
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
Phan Danny -- None Listed On Document
Donathen David C $126,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $126,000 -15.9% $80 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $149,900 -3.2% $95 / Sq Ft
09/13/2023 09/13/23 Price Changed $154,900 0.0% $99 / Sq Ft
09/13/2023 09/13/23 For Sale $154,900 -3.1% $99 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $159,900 -- $102 / 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 $1,953 $161,600 $33,700 $127,900
2023 $1,931 $169,900 $33,800 $136,100
2022 $1,931 $169,900 $33,800 $136,100
2021 $1,642 $145,800 $20,900 $124,900
2020 $1,474 $131,900 $18,900 $113,000
2019 $1,320 $118,700 $17,100 $101,600
2018 $1,196 $111,200 $15,100 $96,100
2017 $1,202 $108,800 $15,100 $93,700
2016 $800 $95,400 $13,200 $82,200
2014 $707 $94,200 $13,200 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202330942

Indiana Regional MLS

APN: 71-09-21-276-005.000-023