NOT LISTED FOR SALE

315 E 12th St Mishawaka, IN 46544

Estimated Value: $142,000 - $161,142

2 Beds
1 Bath
1,134 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $40,000 $35 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $904/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Enclosed Patio or Porch
  • Level Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

This home is a great opportunity for first-time buyers or those looking for a sound investment opportunity. Priced to sell, it is move-in ready and has everything you need plus a little more! Close to Rose Park, this one-owner home is in an established neighborhood and offers an enclosed front porch, a fenced yard and an oversized 2-car garage with a newer door and tons of extra space for storage. There are actually 3 bedrooms with the one on the main level functioning as an office. All appliances stay including the washer and dryer. The roof is new (2014) so no worries there! While this home needs some updating, it is a great opportunity to own a home for less that you might pay in rent and do your updates as you are ready. Or start earning that rental income right away since it is ready for your tenants to move right in. Don't wait, schedule your showing today!

Last Agent to Sell the Property

Amy Reed

Coldwell Banker Real Estate Group Listed on: 11/04/2015

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $151

Year Built

  • Built in 1922

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 44x116
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 71-09-16-490-006.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$151

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1922
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 232 GAYLORS 3RD
  • Parcel Number ID: 71-09-16-490-006.000-023
  • Platted: Yes
  • Amenities: Patio Open, Porch Enclosed
  • Grid: Mishawaka S
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1701
  • Total Finished Sq Ft: 1134
  • Above Grade Finished Sq Ft: 1134
  • Below Grade Sq Ft: 567
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Bedroom 1: Dimensions: 11x9, On Level: Upper
  • Bedroom 2: Dimensions: 10x8, On Level: Upper
  • Bedroom 3: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 567

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x116
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 151.12
  • Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Dec 23, 2015
Sold by
Verstraete Maurice T
Bought by
Manuel Laura P
Seller's Agent
Amy Reed
Coldwell Banker Real Estate Group
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%
Current Estimated Value
$155,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,536
Avg. Annual Appreciation
14.44%
Original Mortgage
$38,800
Outstanding Balance
$30,745
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$124,791

Purchase Details

Closed on
Mar 27, 2008
Sold by
Verstraete Evelyn M and Verstraete Maurice T
Bought by
Verstraete Maurice T

Purchase Details

Closed on
May 16, 2005
Sold by
Verstraete Maurice C
Bought by
Verstraete Maurice T and Verstraete Evelyn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manuel Laura P -- Fidelity National Title
Verstraete Maurice T -- None Available
Verstraete Maurice T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manuel Laura P $38,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $40,000 -10.9% $35 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $44,900 -- $40 / 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 $1,093 $111,000 $16,600 $94,400
2023 $1,093 $98,700 $16,600 $82,100
2022 $1,102 $99,100 $16,600 $82,500
2021 $904 $85,200 $10,000 $75,200
2020 $659 $76,300 $9,000 $67,300
2019 $687 $76,900 $8,500 $68,400
2018 $621 $72,500 $8,100 $64,400
2017 $700 $75,600 $8,100 $67,500
2016 $667 $75,600 $8,100 $67,500
2014 $248 $74,300 $8,100 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201551426

Indiana Regional MLS

APN: 71-09-16-490-006.000-023