NOT LISTED FOR SALE

312 Harrison St Mishawaka, IN 46544

Estimated Value: $173,000 - $198,000

3 Beds
3 Baths
1,480 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $185,000 $125 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,290/month

46 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 4-minute walk to Lincoln Park
  • Level Lot

About This Home

As of August 2023

Triplex Investment property ready for purchase! To be sold AS IS. All units are recently renovated. New hot water heater installed. Furnace is 10 years old and functioning. Has basement laundry access for on site laundry for all 3 units. Parking spaces located in the back of property. Schedule your showing today! *24 hour notice for showings*

Last Agent to Sell the Property

Haley Strantz

Howard Hanna SB Real Estate Listed on: 05/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 3 Units
  • Insurance Expense $1,200

Listing and Financial Details

  • Tenant pays for electric, fuel, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 71-09-16-305-006.000-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1924
  • Age: 99
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 84 Adam S Bakers 1st
  • Parcel Number ID: 71-09-16-305-006.000-023
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 92.5
  • Monthly Gross Income: 1575
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2462
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1480
  • Below Grade Sq Ft: 982
  • Price Per Sq Ft: 125
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 982
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Fuel, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1575
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3375.6

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 11, 2023
Closed on
Aug 15, 2023
Sold by
Sb Rental Properties Llc
Bought by
Riverwalk Rental Llc
Seller's Agent
Haley Strantz
Howard Hanna SB Real Estate
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
169
Current Estimated Value
$190,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,075
Avg. Annual Appreciation
1.28%
Original Mortgage
$148,000
Outstanding Balance
$144,772
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$45,303

Purchase Details

Listed on
May 11, 2023
Closed on
Aug 11, 2023
Sold by
Sb Rental Properties Llc
Bought by
Riverwalk Rental Llc
Seller's Agent
Haley Strantz
Howard Hanna SB Real Estate
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$144,772
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$45,303

Purchase Details

Closed on
Jun 17, 2022
Sold by
Ryan Murrin
Bought by
Sb Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 9, 2006
Sold by
Soto Leonel G and Soto Connie E
Bought by
Murrin Ryan and Murrin Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,600
Interest Rate
6.66%
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
Riverwalk Rental Llc $185,000 None Listed On Document
Riverwalk Rental Llc $185,000 None Listed On Document
Sb Rental Properties Llc $270,000 Griner Gary L
Murrin Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riverwalk Rental Llc $148,000
Closed Riverwalk Rental Llc $148,000
Previous Owner Sb Rental Properties Llc $135,000
Previous Owner Sb Rental Properties Llc $30,000
Previous Owner Murrin Ryan $75,000
Previous Owner Murrin Ryan $17,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $185,000 -7.5% $125 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $200,000 0.0% $135 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $200,000 +0.5% $135 / Sq Ft
05/11/2023 05/11/23 For Sale $199,000 -- $134 / 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 $3,378 $161,900 $20,200 $141,700
2023 $3,376 $143,900 $20,200 $123,700
2022 $3,376 $143,900 $20,200 $123,700
2021 $2,966 $125,800 $12,200 $113,600
2020 $2,663 $112,600 $10,900 $101,700
2019 $2,519 $106,000 $10,400 $95,600
2018 $2,970 $100,000 $9,800 $90,200
2017 $3,174 $99,100 $9,800 $89,300
2016 $3,125 $102,100 $10,700 $91,400
2014 $2,731 $101,000 $10,700 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202315210

Indiana Regional MLS

APN: 71-09-16-305-006.000-023