NOT LISTED FOR SALE

421 W Lawrence St Mishawaka, IN 46545

Estimated Value: $122,000 - $190,695

3 Beds
2 Baths
1,616 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $82,000 $51 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,102/month

104 Days on Market

Highlights

  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Battell Park

About This Home

As of February 2020

The keys2yournext Great investment opportunity or owner occupied option awaits you, this up and down duplex is blocks away from Battell Park and Mishawaka river walk, this duplex sets on a double lot with plenty of yard for cookouts and gatherings, all windows have been updated, new carpet, flooring,pluming and new rear downstairs exterior door, separate electric meters for both units along with dual water heaters, Downstairs unit is a 2 bedroom 1 full bath with lots of old world charm. Upper unit is a 1 bedroom 1 full bath with baseboard heat, both units have been freshly painted and property has been well maintained by current owner. Don't think this property will last long so come take a look and see if it works for you.

Last Agent to Sell the Property

Brett Boomhower

Milestone Realty, LLC Listed on: 09/23/2019

Last Buyer's Agent

Joshua Schirr

McKinnies Realty, LLC Elkhart

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1890

Lot Details

  • 7,658 Sq Ft Lot
  • Lot Dimensions are 116' x 66' x 116 x 67'
  • Level Lot

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Battell Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, snow removal
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 71-09-09-384-005.000-023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $450
  • Maintenance Expense $500
  • Water Sewer Expense $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,208

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 130
  • Style: Two Story
  • Architectural Style: Converted House
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lots 5 6 Battells Add BLK 36
  • Parcel Number ID: 71-09-09-384-005.000-023
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.25
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1823
  • Total Finished Sq Ft: 1616
  • Above Grade Finished Sq Ft: 1616
  • Below Grade Sq Ft: 207
  • Price Per Sq Ft: 50.74
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block, Brick
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl Tile
  • Main Level Sq Ft: 1213
  • Total Below Grade Sq Ft: 207
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum, Brick, Wood
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Street

Utilities

  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 450
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1250
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 116' x 66' x 116 x 67'
  • Estimated Lot Sq Ft: 7658
  • Estimated Lot Size Acres: 0.1758

Rental Info

  • Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating, Snow Removal

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Tax Info

  • Annual Property Tax: 1208

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Mar 3, 2020
Sold by
Christine Allen
Bought by
Irishgirl Llc
Seller's Agent
Brett Boomhower
Milestone Realty, LLC
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$89,000
Sold Price
$82,000
Premium/Discount to List
-$7,000
-7.87%
Current Estimated Value
$156,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,794
Avg. Annual Appreciation
11.52%
Original Mortgage
$100,800
Outstanding Balance
$89,656
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$60,018

Purchase Details

Listed on
Sep 23, 2019
Closed on
Feb 25, 2020
Sold by
Allen Christine
Bought by
Irishgirl Llc
Seller's Agent
Brett Boomhower
Milestone Realty, LLC
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$89,000
Sold Price
$82,000
Premium/Discount to List
-$7,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Outstanding Balance
$89,656
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$60,018
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
Irishgirl Llc -- Metropolitan Title
Irishgirl Llc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irishgirl Llc $100,800
Closed Irishgirl Llc $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $82,000 -5.7% $51 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
10/23/2019 10/23/19 Price Changed $87,000 -2.2% $54 / Sq Ft
09/23/2019 09/23/19 For Sale $89,000 -- $55 / 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 $3,045 $127,500 $31,700 $95,800
2023 $3,043 $129,700 $31,700 $98,000
2022 $3,043 $129,700 $31,700 $98,000
2021 $2,025 $85,900 $13,300 $72,600
2020 $2,514 $106,300 $16,400 $89,900
2019 $948 $39,900 $13,900 $26,000
2018 $1,209 $40,700 $14,100 $26,600
2017 $1,797 $56,100 $14,100 $42,000
2016 $1,423 $46,500 $11,700 $34,800
2014 $1,284 $47,500 $13,300 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201941708

Indiana Regional MLS

APN: 71-09-09-384-005.000-023