NOT LISTED FOR SALE

427 Edgewater Dr Mishawaka, IN 46545

Estimated Value: $461,000 - $588,069

4 Beds
5 Baths
4,722 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $395,000 $84 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,425/month

144 Days on Market

Highlights

  • 115 Feet of Waterfront
  • Georgian Architecture
  • Screened Porch
  • Living Room with Fireplace
  • Wood Flooring
  • Community Fire Pit

About This Home

As of November 2015

Idyllic Mishawaka riverfront area is the setting for this stunning Georgian-style home. Highly-maintained, updated 4Br 3Bth 2HBth all brick two story offers impressive architectural details, entry with spiral staircase, spacious study with walnut shelving, hardwood floors, art deco baths, slate roof, copper gutters and more. Almost $100k in upgrades including huge riverfront deck, screened porch, expanded/updated kitchen, top of line SS Appls. Finished basement and hardwood-floored attic ready to finish. Abundant natural light and not-to-be-missed riverfront views. Once featured in national magazine, The Week. Close to Riverwalk and Merrifield, Crawford and Central Parks. See attached information on improvements and attractions nearby. Children's playset to stay.

Last Agent to Sell the Property

John Brady

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 05/29/2015

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Steve Murphy

BUYER BROKERAGE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1941

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 115 x 135
  • 115 Feet of Waterfront
  • River Front
  • Landscaped
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property

Additional Features

  • Sun Deck
  • Suburban Location

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 71-09-15-130-025.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,099

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1941
  • Age: 74
  • Style: Two Story
  • Architectural Style: Georgian
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: E 1/2 Lot 23 & 1/2 Lot W & Lots 24 & 25 & Lots X & Y Edgewater Place
  • Parcel Number ID: 71-09-15-130-025.000-023
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Built-In Bookcase, Closet(s) Walk-in, Deck on Waterfront, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Irrigation System, Landscaped, Natural Woodwork, Near Walking Trail, Porch Screened, Formal Dining Room
  • Cross Street: Mishawaka Avenue
  • Grid: Mishawaka N
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • Sp Lp Percent: 94.27
  • Special Features: None

Interior Features

  • Total Sq Ft: 4722
  • Total Finished Sq Ft: 4722
  • Above Grade Finished Sq Ft: 3148
  • Below Grade Finished Sq Ft: 1574
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Number Of Fireplaces: 3
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors
  • Bedroom 1: Dimensions: 14x16, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Bedroom 4: Dimensions: 9x9, On Level: Upper
  • Main Level Sq Ft: 1586
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1574

Exterior Features

  • Exterior: Brick
  • Roof Material: Slate
  • Outbuilding1: None
  • Water Frontage: 115

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: River

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 115 x 135
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Tax Info

  • Annual Taxes: 4099
  • Total Assessed Value: 302000
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Nov 20, 2015
Sold by
Barnes Peter W and Barnes Christine
Bought by
Sloman Jeffrey and Sloman Shoshana
Seller's Agent
John Brady
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Steve Murphy
BUYER BROKERAGE, INC.
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%
Current Estimated Value
$544,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,024
Avg. Annual Appreciation
3.28%
Original Mortgage
$195,000
Outstanding Balance
$155,938
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$384,676

Purchase Details

Closed on
Feb 3, 2012
Sold by
Barnes Peter W and Barnes Christina Orelley
Bought by
Barnes Peter W and Barnes Christina

Purchase Details

Closed on
Jul 12, 2010
Sold by
Ellmann Maud and Wilkinson John L
Bought by
Barnes Peter W and Orelley Barnes Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,300
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2009
Sold by
Ellmann Maud
Bought by
Ellmann Maud and Wilkinson John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,400
Interest Rate
4.84%
Mortgage Type
New Conventional
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
Sloman Jeffrey -- Meridian Title
Barnes Peter W -- Meridian Title
Barnes Peter W -- None Available
Ellmann Maud -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloman Jeffrey $195,000
Previous Owner Barnes Peter W $336,300
Previous Owner Ellmann Maud $245,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $395,000 -7.9% $84 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $429,000 -- $91 / 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 $5,049 $418,500 $108,800 $309,700
2023 $5,115 $415,500 $108,800 $306,700
2022 $5,115 $415,500 $108,800 $306,700
2021 $4,018 $324,600 $42,400 $282,200
2020 $4,121 $331,700 $42,400 $289,300
2019 $4,146 $332,100 $42,400 $289,700
2018 $5,195 $327,600 $42,400 $285,200
2017 $5,466 $318,200 $42,400 $275,800
2016 $5,214 $318,300 $42,400 $275,900
2014 $4,099 $302,000 $42,400 $259,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201524498

Indiana Regional MLS

APN: 71-09-15-130-025.000-023