412 E 4th St Mishawaka, IN 46544
Estimated Value: $213,000 - $263,000
4
Beds
3.5
Baths
1,500
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- 1 Car Detached Garage
- Level Lot
- 3-minute walk to Bingham Park
- Forced Air Heating and Cooling System
- Carpet
About This Home
As of August 2021Fully 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
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
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%
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,239
Avg. Annual Appreciation
3.81%
Original Mortgage
$142,500
Outstanding Balance
$131,069
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$88,002
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
Similar Homes in Mishawaka, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Primmer David K | $72,000 | |
| Previous Owner | Primmer David K | $50,000 | |
| Previous Owner | Primmer David K | $72,000 |
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
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
118 Total Sales
-
S
Buyer's Agent in 2021
Shondra Rulli
Greystone Real Estate
(574) 252-9681
-
Christine Simper
Seller's Agent in 2018
Christine Simper
McKinnies Realty, LLC
(574) 876-5106
268 Total Sales
-
Joseph Tiffany
Buyer's Agent in 2018
Joseph Tiffany
Tiffany Group Real Estate Advisors LLC
(574) 252-4111
31 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202114793
APN: 71-09-15-155-017.000-023
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.
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.
Nearby Homes