NOT LISTED FOR SALE

412 E 4th St Mishawaka, IN 46544

Estimated Value: $194,000 - $248,000

4 Beds
3.5 Baths
1,500 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $190,000 $127 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,469/month

22 Days on Market

Highlights

  • 1 Car Detached Garage
  • Level Lot
  • 4-minute walk to Bingham Park
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2021

Fully Occupied 3 Unit close proximity to down town Mishawaka and minutes from down town South Bend! This great investment features 2 buildings on 1 lot. The front house is a great 2 bedroom 1.5 bath with fire place, original woodwork, and detached 1 car garage rented for $950/M. The back building has 2-1 bedroom units renting in total for over $1,200/M. Sit back and collect some great rent while you buildings increase in value! This great deal at a great location wont last Long! Possible as a package deal with 407 E South St, South Bend.

Last Agent to Sell the Property

Tyler Glenn

Tiffany Group Real Estate Advisors LLC Listed on: 04/29/2021

Last Buyer's Agent

Shondra Rulli

Greystone Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1920

Lot Details

  • 6,730 Sq Ft Lot
  • Lot Dimensions are 51x132
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, water
  • The owner pays for electric, trash collection, water
  • Assessor Parcel Number 71-09-15-155-017.000-023

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,225
  • Fuel Expense $987
  • Maintenance Expense $1,600
  • Water Sewer Expense $1,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,809

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 101
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 47.4' E SIDE LOT 73 BARBEES SUB
  • Parcel Number ID: 71-09-15-155-017.000-023
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 82.61
  • Annual Miscellaneous: 1215
  • Monthly Gross Income: 1956
  • Special Features: None

Interior Features

  • Total Sq Ft: 2300
  • Total Finished Sq Ft: 1500
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 800
  • Price Per Sq Ft: 126.67
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 800
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1225
  • Annual Fuel Expense: 987
  • Annual Maintenance Expense: 1600
  • Annual Water Sewer Expense: 1225
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51x132
  • Estimated Lot Sq Ft: 6730
  • Estimated Lot Size Acres: 0.1545
  • Lot Number: 73

Rental Info

  • Owner Pays: Electric, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Heating, Water

Tax Info

  • Total Assessed Value: 166900
  • Annual Property Tax: 3809

Multi Family

  • Gross Monthly Rent: 2175
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Aug 12, 2021
Sold by
L & S P8 Llc
Bought by
Tree City Home Buyers Llc
Seller's Agent
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Shondra Rulli
Greystone Real Estate
List Price
$230,000
Sold Price
$190,000
Premium/Discount to List
-$40,000
-17.39%
Current Estimated Value
$224,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,851
Avg. Annual Appreciation
4.17%
Original Mortgage
$142,500
Outstanding Balance
$129,947
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$94,904

Purchase Details

Listed on
Jul 8, 2017
Closed on
May 11, 2018
Sold by
Pam Reinke
Bought by
L & S P8 Llc
Seller's Agent
Christine Simper
McKinnies Realty, LLC
Buyer's Agent
Joseph Tiffany
Tiffany Group Real Estate Advisors LLC
List Price
$137,000
Sold Price
$110,000
Premium/Discount to List
-$27,000
-19.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$82,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2017
Closed on
May 1, 2018
Sold by
Reinke Pam
Bought by
L & S P8 Llc
Seller's Agent
Christine Simper
McKinnies Realty, LLC
Buyer's Agent
Joseph Tiffany
Tiffany Group Real Estate Advisors LLC
List Price
$137,000
Sold Price
$110,000
Premium/Discount to List
-$27,000
-19.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2013
Sold by
Primmer David K and Primmer Teresa
Bought by
Reinke Pam
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
Tree City Home Buyers Llc $380,000 None Available
L & S P8 Llc $109,725 Metropolitan Title
L & S P8 Llc -- Metropolitan Title
Reinke Pam -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tree City Home Buyers Llc $142,500
Previous Owner L & S P8 Llc $82,500
Previous Owner L & S P8 Llc $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $190,000 -17.4% $127 / Sq Ft
04/29/2021 04/29/21 For Sale $230,000 +109.1% $153 / Sq Ft
05/01/2018 05/01/18 Sold $110,000 -19.7% $72 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
07/08/2017 07/08/17 For Sale $137,000 -- $89 / 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 $3,324 $220,000 $20,600 $199,400
2023 $3,324 $141,600 $9,100 $132,500
2022 $3,394 $144,700 $9,100 $135,600
2021 $3,098 $131,400 $10,000 $121,400
2020 $3,948 $166,900 $12,700 $154,200
2019 $3,809 $160,300 $12,200 $148,100
2018 $3,261 $109,800 $10,000 $99,800
2017 $3,462 $108,100 $10,000 $98,100
2016 $3,308 $108,100 $10,000 $98,100
2014 $3,285 $121,500 $10,000 $111,500
Source: Public Records

Agents Affiliated with this Home

  • Tyler Glenn

    Seller's Agent in 2021

    Tyler Glenn

    Tiffany Group Real Estate Advisors LLC

    (574) 252-4111

    13 in this area

    111 Total Sales

    Tyler Glenn
    Section Image

  • S

    Buyer's Agent in 2021

    Shondra Rulli

    Greystone Real Estate

    Section Image
  • Christine Simper

    Seller's Agent in 2018

    Christine Simper

    McKinnies Realty, LLC

    (574) 876-5106

    42 in this area

    256 Total Sales

    Christine Simper
    Section Image
  • Joseph Tiffany

    Buyer's Agent in 2018

    Joseph Tiffany

    Tiffany Group Real Estate Advisors LLC

    (574) 252-4111

    4 in this area

    30 Total Sales

    Joseph Tiffany
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202114793

Indiana Regional MLS

APN: 71-09-15-155-017.000-023

Indiana St Joseph County Mishawaka 46544

412 E 4th St, Mishawaka, IN

This home is located at 412 E 4th St, Mishawaka, IN 46544 since 29 April 2021 and is currently estimated at $224,851, approximately $149 per square foot. This property was built in 1920. 412 E 4th St is a home located in St. Joseph County with nearby schools including Emmons 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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