412 E 4th St Mishawaka, IN 46544
Estimated payment $1,825/month
Highlights
- Forced Air Heating and Cooling System
- Level Lot
- 1-Story Property
- Ceiling Fan
- Carpet
- 3-minute walk to Bingham Park
About This Home
Tucked into a convenient Mishawaka location, this unique property offers a rare chance to own three income-producing units on one lot. The front home features 2 bedrooms, 2 baths, while the duplex at the back includes a 1-bedroom unit and a 2-bedroom unit, plus a 2 car garage! All three units are currently rented, giving the next owner income right away without starting from scratch. Priced below the 1% rule, this property is a strong fit for investors looking to add steady cash flow, or for a future house hacker who wants flexibility down the road. With multiple units, an established rental setup, and a location that continues to draw tenant demand, this is a smart opportunity worth a closer look.
Listing Agent
St. Joseph Realty Group Brokerage Phone: 574-250-0893 Listed on: 05/27/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 51x132
- Level Lot
Home Design
- Brick Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Carpet
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Emmons Elementary School
- John Young Middle School
- Mishawaka High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- The owner pays for lawn maintenance
- Assessor Parcel Number 71-09-15-155-017.000-023
Community Details
Overview
- 2 Buildings
- 3 Units
- Barbee Subdivision
Building Details
- Fuel Expense $762
- Maintenance Expense $995
- Water Sewer Expense $978
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,732 | $248,100 | $20,600 | $227,500 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | For Sale | $249,900 | 0.0% | $163 / Sq Ft |
| 06/08/2026 06/08/26 | Pending | -- | -- | -- |
| 05/27/2026 05/27/26 | For Sale | $249,900 | -- | $163 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | None Available | |
| Warranty Deed | $109,725 | Metropolitan Title | |
| Warranty Deed | -- | Meridian Title Corp |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | Commercial | |
| Previous Owner | $82,500 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202620119
APN: 71-09-15-155-017.000-023
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.