NOT LISTED FOR SALE

2606 Ewing Ave Mishawaka, IN 46544

Estimated Value: $211,000 - $267,739

5 Beds
2 Baths
2,824 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $119,000 $42 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,650/month

8 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of August 2018

Mishawaka Duplex with great cash flow! Both units have been extensively remodeled and beautifully updated throughout with new kitchens including appliances, bathrooms, all new flooring, paint, light fixtures, etc. Unit #2608 is a 3 bedroom and includes a finished Family Room, Laundry, and Storage room in Walk-out Lower Level; this unit is occupied and rents for $925 month. Renovation was just completed on Unit #2606 which is a 2 bedroom with a lovely patio area for entertaining and a finished Family Room in lower level along with storage, laundry area, and workshop. This unit could rent for $875 a month! There is also a 2-car garage. Each unit has it's own furnace, water heater, Central Air, and back-up Generator. Newer windows throughout. Call Listing Agent to schedule an appointment to see.

Last Agent to Sell the Property

Sharon McDonald

RE/MAX 100 Listed on: 05/27/2018

Last Buyer's Agent

Christine Bringle

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 9,121 Sq Ft Lot
  • Lot Dimensions are 76 x 120
  • Partially Fenced Property
  • Chain Link Fence
  • Aluminum or Metal Fence
  • Sloped Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for electric, sewer, trash collection, water
  • Assessor Parcel Number 71-09-17-358-028.000-023

Community Details

Overview

  • 2 Units
  • Lafayette Place Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100
  • Trash Expense $360
  • Water Sewer Expense $1,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1951
  • Age: 67
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 238 & 239 LAFAYETTE PLACE |
  • Parcel Number ID: 71-09-17-358-028.000-023
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Generator Built-In, Patio Open, Porch Covered, Storm Doors, Water Heater Gas
  • Cross Street: Geyer
  • Grid: Mishawaka S
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 016-1210-8462
  • Sp Lp Percent: 99.25
  • Annual Miscellaneous: 250
  • Monthly Gross Income: 1800
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 3448
  • Total Finished Sq Ft: 2824
  • Above Grade Finished Sq Ft: 1924
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 624
  • Price Per Sq Ft: 61.85
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished, Walk-Out Basement
  • Flooring: Carpet, Laminate, Ceramic Tile, Wood
  • Main Level Sq Ft: 1524
  • Total Below Grade Sq Ft: 1524
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum, Stone
  • Roof Material: Shingle
  • Fence: Partial, Chain Link, Metal
  • Stories: 1.5

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 1100
  • Annual Trash Expense: 360
  • Annual Water Sewer Expense: 1440
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Slope, 0-2.9999
  • Lot Dimensions: 76 X 120
  • Estimated Lot Sq Ft: 9121
  • Estimated Lot Size Acres: 0.2094
  • Lot Number: 238

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Sewer, Trash Collection, Water
  • Tenant Pays: Heating

Tax Info

  • Total Assessed Value: 131100
  • Tax Code: Tax Code 16-Mishawaka
  • Annual Property Tax: 4012

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

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
May 27, 2018
Closed on
Sep 6, 2018
Sold by
Hause Sr Nicholas D and Hause Jessica L
Bought by
Phillips Prentis A
Seller's Agent
Sharon McDonald
RE/MAX 100
Buyer's Agent
Christine Bringle
Berkshire Hathaway HomeServices Elkhart
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%
Current Estimated Value
$243,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,435
Avg. Annual Appreciation
10.59%
Original Mortgage
$116,844
Outstanding Balance
$101,685
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$141,750

Purchase Details

Listed on
May 27, 2018
Closed on
Aug 28, 2018
Sold by
Hause Nicholas D and Hause Jessica L
Bought by
Phillips Prentis A
Seller's Agent
Sharon McDonald
RE/MAX 100
Buyer's Agent
Christine Bringle
Berkshire Hathaway HomeServices Elkhart
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Outstanding Balance
$101,685
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$141,750

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 15, 2015
Sold by
Clifford John H
Bought by
Hause Nicholas D and Hause Jessica L
Seller's Agent
Steve Weldy
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Sharon McDonald
RE/MAX 100
List Price
$92,500
Sold Price
$85,000
Premium/Discount to List
-$7,500
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$63,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2013
Sold by
Mathias Trust
Bought by
Clifford John H

Purchase Details

Closed on
Jun 15, 2011
Sold by
Mathias Rosalie M
Bought by
Mathias Trust
Source: Public Records

Range of Values:

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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
Phillips Prentis A $118,012 Metropolitan Title
Phillips Prentis A -- Metropolitan Title
Hause Nicholas D -- Metropolitan Title
Clifford John H -- Metropolitan Title
Mathias Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Prentis A $116,844
Closed Phillips Prentis A $116,844
Previous Owner Hause Nicholas D $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2018 08/31/18 Sold $119,000 -0.8% $42 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $119,900 +41.1% $42 / Sq Ft
01/20/2015 01/20/15 Sold $85,000 -8.1% $44 / Sq Ft View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $92,500 -- $48 / 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 $4,248 $253,100 $34,700 $218,400
2023 $4,248 $248,600 $34,700 $213,900
2022 $4,256 $248,600 $34,700 $213,900
2021 $3,881 $226,100 $21,700 $204,400
2020 $3,213 $187,800 $18,100 $169,700
2019 $2,542 $150,400 $16,100 $134,300
2018 $2,609 $134,500 $14,200 $120,300
2017 $4,199 $131,100 $14,200 $116,900
2016 $4,012 $131,100 $14,200 $116,900
2014 $2,955 $109,300 $14,200 $95,100
2013 $1,389 $109,600 $14,200 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201822354

Indiana Regional MLS

APN: 71-09-17-358-028.000-023