$325,000

Estimated payment $1,974/month

Total Views 1,129
5 Beds
1.5 Baths
2,394 Sq Ft
$136 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Fenced Yard
  • Forced Air Heating System
  • Corner Lot
  • Eat-In Kitchen
  • Concrete Flooring

About This Home

Established convenience store on a busy corner within an active redevelopment area. This solid 2-story brick property offers a versatile mixed-use layout. The main floor features the operating grocery/convenience store plus 3 additional rooms that can be used for office, storage, or expansion needs. The second level includes generous living quarters with 5 bedrooms, a living room, an eat-in kitchen, and a full bathroom—ideal for on-site management or additional rental income. Property also includes a basement for storage, a double-fenced lot, and a recently updated detached 2-car garage. Square footage is approximate and provided by the seller. Excellent opportunity with strong visibility and future upside.

Listing Agent

Kavita Patel

McKinnies Realty, LLC Elkhart Brokerage Phone: 574-387-9959 Listed on: 11/18/2025

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Fenced Yard
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Concrete Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Monroe Elementary School
  • Marshall Middle School
  • Riley High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,680
  • Trash Expense $1,500

Listing and Financial Details

  • Assessor Parcel Number 71-08-14-331-027.000-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,232

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1956
  • Style: Bi-Level
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lots 50-51 Byerleys Add
  • Parcel Number ID: 71-08-14-331-027.000-026
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Countertops-Laminate, Eat-In Kitchen
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3694
  • Total Finished Sq Ft: 2394
  • Above Grade Finished Sq Ft: 2394
  • Below Grade Sq Ft: 1300
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Concrete
  • Total Below Grade Sq Ft: 1300
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Brick
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1680
  • Annual Trash Expense: 1500
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Monroe

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 66x165
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Owner Pays: Alarm, Building Insurance, Cooling, Electric, Maintenance, Snow Removal, Tax, Trash Collection, Water

Tax Info

  • Annual Property Tax: 3232.34

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1

MLS Schools

  • High School: Riley
  • Middle School: Marshall
  • School District: South Bend Community School Corp.

Map

Range of Values:

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Average Value
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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

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 $3,520 $114,500 $9,000 $105,500
2023 $3,539 $123,400 $9,000 $114,400
2022 $3,539 $123,400 $9,000 $114,400
2021 $2,492 $114,200 $9,000 $105,200
2020 $2,491 $114,200 $9,000 $105,200
2019 $2,187 $112,900 $7,700 $105,200
2018 $2,453 $112,900 $7,700 $105,200
2017 $2,462 $110,000 $7,700 $102,300
2016 $2,546 $112,300 $9,700 $102,600
2014 $2,601 $112,900 $9,700 $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $325,000 -- $136 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Available
Warranty Deed -- None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202546428

Indiana Regional MLS

APN: 71-08-14-331-027.000-026