NOT LISTED FOR SALE

1803 Lincolnway W Mishawaka, IN 46544

Estimated Value: $152,000 - $237,000

0.19 Acre
$1,022,084 Price per Acre
8,276 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $8,000 $4 Per Sq Ft

Est. 2,327% increase in value since last sale

Current estimated payment $1,189/month

305 Days on Market

About This Lot

As of March 2021

Vacant commercial land on Lincolnway in Mishawaka near the corner of Lincolnway and Logan. Approx. .19 acres with approx. 43 ft. of frontage on Lincolnway. Zoned C-1: General Commercial, but could be easily rezoned for residential use. Former building on property recently demolished. **NOTE: Assessor has yet to adjust taxes since building was demolished).** Lot dimensions approx. 43x143. Property has river frontage piece as well located directly across the street (approx. 42x50 and zoned R-1: Single-family residential). Traffic count on Lincolnway at over 16,000 cars daily.

Last Agent to Sell the Property

John Piraccini

Coldwell Banker Real Estate Group Listed on: 03/30/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

David St. Clair

Weichert Rltrs-J.Dunfee&Assoc.

Weichert Rltrs-J.Dunfee&Assoc.

Property Details

Property Type

  • Land

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 43x143
  • 43 Feet of Waterfront
  • Finished Lot(s)

Utilities

  • Heating System Uses Gas
  • The river is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 71-09-17-404-005.000-023

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Waterfront: Yes
  • Legal Description: LOTS J & 9 MILBURN PLACE
  • Parcel Number ID: 71-09-17-404-005.000-023
  • Platted: Yes
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 88.89
  • Parcel Description: Corner, Level
  • Type of Sale: Traditional
  • Type Use: Commercial, Multi-Family, Residential
  • Special Features: None

Exterior Features

  • Water Frontage: 43
  • Water Name: St. Joe River Lower
  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Water Type: River
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Schools

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

Lot Info

  • Lot Dimensions: 43x143
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Mar 5, 2021
Sold by
Mckenzie Banking Company
Bought by
Mick Morgan E
Seller's Agent
John Piraccini
Coldwell Banker Real Estate Group
Buyer's Agent
David St. Clair
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$9,000
Sold Price
$8,000
Premium/Discount to List
-$1,000
-11.11%
Current Estimated Value
$194,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,196
Avg. Annual Appreciation
100.34%

Purchase Details

Listed on
Mar 30, 2020
Closed on
Mar 3, 2021
Sold by
Mckenzie Banking Co
Bought by
Mick Morgan E
Seller's Agent
John Piraccini
Coldwell Banker Real Estate Group
Buyer's Agent
David St. Clair
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$9,000
Sold Price
$8,000
Premium/Discount to List
-$1,000
-11.11%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Burns Dennis M and Burns Nancy J
Bought by
Mckenzie Banking Company
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mick Morgan E -- None Listed On Document
Mick Morgan E $16,000 None Available
Mckenzie Banking Company $63,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $8,000 -11.1% $4 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
03/30/2020 03/30/20 For Sale $9,000 -- $4 / 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 $1,854 $145,500 $21,400 $124,100
2023 $1,854 $55,400 $21,400 $34,000
2022 $716 $21,400 $21,400 $0
2021 $450 $13,400 $13,400 $0
2020 $374 $11,100 $11,100 $0
2019 $756 $22,400 $22,400 $0
2018 $889 $22,400 $22,400 $0
2017 $941 $22,400 $22,400 $0
2016 $3,959 $97,500 $20,100 $77,400
2014 $8,633 $233,100 $20,100 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202011507

Indiana Regional MLS

APN: 71-09-17-404-005.000-023