$169,500
SOLD MAY 14, 2024
6 Beds
3 Baths
3,159 Sq Ft
0.25 Acres

Recently Sold

$54 Per Sq Ft

8% Below List Price

23 Days on Market

Highlights

  • 0.25 Acre Lot
  • 1 Car Detached Garage
  • Vinyl Flooring
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of May 2024

Great addition to your portfolio. Selling as a package with 311 Taylor St Mishawaka. Both properties are making a great return, occupied with long term tenants. Units were remodeled prior to tenants moving in with new flooring, cabinets, new bathrooms, and appliances. Fenced in yard and garage. Laundry room. Machines are rented and coin operated

Last Agent to Sell the Property

Michelle Bordeau

SUNRISE Realty Brokerage Phone: 574-339-8199

Last Buyer's Agent

Michelle Bordeau

SUNRISE Realty Brokerage Phone: 574-339-8199

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82 x 133

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Schools

  • Hay Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for electric, lawn maintenance, maintenance, trash collection, water
  • Assessor Parcel Number 71-08-15-380-017.000-026

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,792
  • Fuel Expense $996
  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Water Sewer Expense $966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 104
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lots 268 269 & E 1/2 Vac Alley W & Adj Homeland 3rd 21/22 Cons w/018-8107-4060 Per Assessor IC 6-1.1-5-16 99-00 Vac Ord #8951-98
  • Parcel Number ID: 71-08-15-380-017.000-026
  • Platted: Yes
  • Amenities: Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Porch Covered, Water Heater Gas
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 3192
  • Monthly Gross Income: 2660
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3159
  • Total Finished Sq Ft: 3159
  • Above Grade Finished Sq Ft: 2106
  • Below Grade Finished Sq Ft: 1053
  • Price Per Sq Ft: 80.48
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Flooring: Vinyl
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1053
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 5

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2791.89
  • Annual Fuel Expense: 995.78
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 966.48
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Hay
  • Middle School: Jackson
  • High School: Riley
  • Elementary School: Hay

Lot Info

  • Lot Dimensions: 82 x 133
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2660
  • Number Of Dishwashers: 3
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 3001.84

MLS Schools

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

Map

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 Change Sq Ft Price
05/14/2024 05/14/24 Sold $169,500 -54.3% $54 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $370,999 +100.5% $117 / Sq Ft
01/24/2024 01/24/24 For Sale $185,000 -- $59 / Sq Ft
Source: Indiana Regional MLS

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 $2,108 $86,700 $10,600 $76,100
2023 $2,065 $86,600 $10,500 $76,100
2022 $2,078 $86,600 $10,500 $76,100
2021 $1,802 $73,300 $3,600 $69,700
2020 $1,046 $41,800 $1,800 $40,000
2019 $883 $42,000 $2,000 $40,000
2018 $1,034 $42,000 $2,000 $40,000
2017 $1,059 $41,400 $2,000 $39,400
2016 $3,089 $41,400 $2,000 $39,400
2014 $1,051 $40,900 $2,000 $38,900
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,600 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $169,500 Fidelity National Title Compan
Warranty Deed -- Fidelity National Title
Limited Warranty Deed $204,000 Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202402375

Indiana Regional MLS

APN: 71-08-15-380-017.000-026