3312 Mishawaka Ave South Bend, IN 46615
River Park NeighborhoodEstimated payment $1,046/month
Highlights
- Covered Patio or Porch
- Forced Air Heating System
- Vinyl Flooring
- Adams High School Rated A-
- Level Lot
About This Home
This is an excellent investment opportunity for those looking to generate rental income or live in one unit while renting out the other to get into home ownership at less cost. This two-story duplex features a lower unit that is currently rented to reliable tenants, 3 bedroom, 1 bath providing immediate cash flow. The upper level has 1 bedroom and 1 bath and has been recently renovated and is ready for occupancy. Newly powerwashed and shrubbery trimmed! Located in a prime area, this property is in close proximity to the Mishawaka River Walk, a variety of restaurants, Bethel University, and other attractions. This duplex represents a strategic addition to your real estate portfolio or a great starting point for new investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,363
Year Built
- Built in 1910
Lot Details
- 5,544 Sq Ft Lot
- Lot Dimensions are 42x132
- Level Lot
Home Design
- Duplex
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Vinyl Flooring
- Partially Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- On-Street Parking
- Off-Street Parking
Schools
- Nuner Elementary School
- Jefferson Middle School
- Adams High School
Additional Features
- Covered Patio or Porch
- Suburban Location
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 71-09-17-226-003.000-026
- Seller Concessions Not Offered
Community Details
Overview
- 2 Units
- River Park Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $1,824
- Trash Expense $300
- Water Sewer Expense $876
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,364 | $51,200 | $5,900 | $45,300 |
| 2023 | $1,278 | $53,600 | $5,900 | $47,700 |
| 2022 | $1,286 | $53,600 | $5,900 | $47,700 |
| 2021 | $1,195 | $48,000 | $4,500 | $43,500 |
| 2020 | $1,195 | $48,000 | $4,500 | $43,500 |
| 2019 | $1,507 | $73,200 | $4,100 | $69,100 |
| 2018 | $1,830 | $73,200 | $4,100 | $69,100 |
| 2017 | $1,847 | $72,300 | $4,100 | $68,200 |
| 2016 | $1,885 | $72,300 | $4,100 | $68,200 |
| 2014 | $1,869 | $71,500 | $4,100 | $67,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $175,000 | -5.4% | $96 / Sq Ft |
| 08/07/2025 08/07/25 | Price Changed | $185,000 | -2.6% | $101 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $190,000 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $89,900 | Drake Andrew R | |
| Warranty Deed | -- | Drake Andrew R | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $67,425 | New Conventional | |
| Previous Owner | $67,425 | New Conventional | |
| Previous Owner | $61,200 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202514923
APN: 71-09-17-226-003.000-026
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