NOT LISTED FOR SALE

3831 Lincolnway E Mishawaka, IN 46544

6 Beds
5 Baths
2,625 Sq Ft
0.81 Acres

Last Sold May 19, 2017

Last sale price $167,000 $64 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Patio
  • 3-minute walk to Twin Branch Park

About This Home

As of May 2017

Awesome Mishawaka location across from Twin Branch School and near parks. Great Investment Opportunity. Live in one apartment and rent the other three. Road frontage is zoned Commercial. Two separate Duplex Homes on the property. Each home has a two bedroom apartment and a one bedroom apartment. Front 2 bedroom apartment has an updated kitchen, partial basement and attached two car garage with private driveway. Each unit has separate furnaces and thermostats. Spacious paved parking lot behind the front house has Five parking spaces. Back house East apartment has an updated kitchen, two large bedrooms with hardwood flooring. The one bedroom apartment also has an updated kitchen and a very large bedroom with hardwood flooring. Back house has a full basement with laundry hook-ups. Both units have Newer Chimneys and Newer Roofs. Bus line is nearby. All apartments are leased. Buyer to verify square footage, taxes and schools, not warranted.

Last Agent to Sell the Property

Lisa Smessaert

RE/MAX 100 Listed on: 04/02/2017

RE/MAX 100

Last Buyer's Agent

Laurie LaDow

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 1929

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 104x341
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Twin Branch Elementary School
  • Young Middle School
  • Mishawaka High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, cooling, electric, heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-09-13-279-009.000-023

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,200
  • Fuel Expense $1,400
  • Insurance Expense $1,800
  • Maintenance Expense $3,000
  • Trash Expense $295
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,929

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1929
  • Age: 88
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: LONG LEGAL IN LO |
  • Parcel Number ID: 71-09-13-279-009.000-023
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Cable Available, Patio Open, Water Heater Gas
  • Parcel Id2: 71-09-13-279-010-000-023
  • Sp Lp Percent: 95.43
  • State Id: 016-1087-351901
  • Zoning Description: Front depth of lot is Zoned Commercial
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 3100
  • Year Taxes Payable: 2929.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 3925
  • Total Finished Sq Ft: 2625
  • Above Grade Finished Sq Ft: 2625
  • Below Grade Sq Ft: 1300
  • Price Per Sq Ft: 63.62
  • Basement: Yes
  • Basement Foundation: Full Basement, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 1300
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 7
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2200
  • Annual Fuel Expense: 1400
  • Annual Insurance Expense: 1800
  • Annual Maintenance Expense: 3000
  • Annual Trash Expense: 295
  • Annual Water Sewer Expense: 1800
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: School City of Mishawaka
  • Elementary School: Twin Branch
  • Middle School: Young
  • High School: Mishawaka
  • Elementary School: Twin Branch

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 104x341
  • Estimated Lot Sq Ft: 35464
  • Estimated Lot Size Acres: 0.81

Rental Info

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

Tax Info

  • Total Assessed Value: 105100
  • Annual Property Tax: 2929

Multi Family

  • Gross Monthly Rent: 3100
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $167,000 -4.6% $64 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $175,000 -- $67 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lisa Smessaert

    Seller's Agent in 2017

    Lisa Smessaert

    RE/MAX

    (574) 340-5497

    20 Total Sales

    Lisa Smessaert
    Section Image
  • Laurie LaDow

    Buyer's Agent in 2017

    Laurie LaDow

    Cressy & Everett - South Bend

    (574) 651-1673

    350 Total Sales

    Laurie LaDow
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201713354

Indiana Regional MLS

APN: 71-09-13-279-009.000-023

Indiana St Joseph County Mishawaka 46544

3831 Lincolnway E, Mishawaka, IN

This home is located at 3831 Lincolnway E, Mishawaka, IN 46544 since 02 April 2017. This property was built in 1929. 3831 Lincolnway E is a home located in St. Joseph County with nearby schools including Twin Branch Elementary School, John J. Young Middle School, and Mishawaka High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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