NOT LISTED FOR SALE

218 W Lawrence St Mishawaka, IN 46545

Estimated Value: $166,000 - $176,000

3 Beds
3 Baths
1,494 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $165,000 $110 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,062/month

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Community Storage Space
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • 3-minute walk to Battell Park

About This Home

As of March 2024

Tri-plex with tenants in place. Good rental history and in a great location. Agent is seller. Sold at listing.

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Brokerage Email: McKinniesRealty@gmail.com Listed on: 03/19/2024

McKinnies Realty, LLC

Last Buyer's Agent

Jim McKinnies

McKinnies Realty, LLC Brokerage Email: McKinniesRealty@gmail.com Listed on: 03/19/2024

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1880

Lot Details

  • 5,800 Sq Ft Lot
  • Lot Dimensions are 50 x 116
  • Sloped Lot

Home Design

  • Triplex
  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Michigan Basement
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Liberty Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 71-09-09-455-014.000-023

Community Details

Overview

  • 3 Units
  • Lawrence & Battells Subdivision

Amenities

  • Community Storage Space

Building Details

  • Electric Expense $960
  • Fuel Expense $1,200
  • Insurance Expense $1,100
  • Maintenance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $1,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 19 & W 1/2 LOT 18 LAWRENCE & BATTELL BLK 50
  • Parcel Number ID: 71-09-09-455-014.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Storage, Cable Available, Countertops-Laminate, Porch Covered, Water Heater Gas
  • Cross Street: W Mishawaka Ave.
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1850
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1632
  • Total Finished Sq Ft: 1494
  • Above Grade Finished Sq Ft: 1494
  • Below Grade Sq Ft: 138
  • Price Per Sq Ft: 110.44
  • Basement: Yes
  • Basement Foundation: Partial Basement, Michigan Basement
  • Basement Material: Brick
  • Flooring: Carpet, Part Carpet, Vinyl Tile, Vinyl
  • Total Below Grade Sq Ft: 138
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 960
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 1200
  • Annual Trash Expense: 360
  • Annual Water Sewer Expense: 1680

Schools

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

Lot Info

  • Lot Description: Slope, 0-2.9999
  • Lot Dimensions: 50 X 116
  • Estimated Lot Sq Ft: 5800
  • Estimated Lot Size Acres: 0.1331

Rental Info

  • Lease Term: Month to Month, 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1850
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1729.16

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Mar 15, 2024
Sold by
Mckinnies Timothy D and Mckinnies Jim H
Bought by
Edge Cody C
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Jim McKinnies
McKinnies Realty, LLC
List Price
$165,000
Sold Price
$165,000
Views
2
Current Estimated Value
$168,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,393
Avg. Annual Appreciation
2.96%
Original Mortgage
$123,750
Outstanding Balance
$122,287
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$49,644

Purchase Details

Closed on
Jan 6, 2005
Sold by
Manhattan Mortgage Corp
Bought by
Federal Natioanl Mortgtage Assn
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Edge Cody C $165,000 Metropolitan Title
Federal Natioanl Mortgtage Assn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edge Cody C $123,750
Previous Owner Mckinnies Timothy D $53,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $165,000 0.0% $110 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $165,000 -- $110 / 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 $1,730 $133,300 $27,400 $105,900
2023 $1,729 $73,500 $8,100 $65,400
2022 $1,729 $73,500 $8,100 $65,400
2021 $1,655 $70,000 $10,100 $59,900
2020 $1,651 $81,300 $11,700 $69,600
2019 $1,671 $70,100 $10,100 $60,000
2018 $2,087 $70,100 $10,100 $60,000
2017 $2,221 $69,200 $10,100 $59,100
2016 $2,041 $66,700 $10,100 $56,600
2014 $1,782 $65,900 $10,100 $55,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202409007

Indiana Regional MLS

APN: 71-09-09-455-014.000-023