$170,000
SOLD FEB 26, 2026

501 E Lawrence St Mishawaka, IN 46545

3 Beds
3 Baths
3,868 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

24% Below List Price

102 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Central Air
  • Corner Lot
  • Bathtub with Shower
  • Partially Fenced Property

About This Home

As of February 2026

Nostalgic charm meets endless potential in the heart of Mishawaka! This timeless brick corner building at Lawrence & Locust offers three separate units under one roof. The bright and inviting storefront captures classic small town character with large display windows and a welcoming red door. Inside, you will find a large open area ideal for a boutique, salon, studio or office space. There is also a full bath, office/flex room, laundry area that could be converted to kitchenette. Upstairs and behind are two residential apartments: a spacious 3BR, 2 Bath (approx 1174SF) apartment (720 Locust) featuring a living room, dining room, kitchen, laundry hook up, and flex area. If you venture around back and up the staircase you will find a darling 1BR, 1 Bath (approx 577SF) apartment (720 1/2 Locust) with living room, & eat-in kitchen too! Perfect for rental or guest suite. A 21x45 basement, 23x23 garage, and a 17x8 storage room add even more value and versatility. Being sold as is - bring your tools, talent & imagination to this nostalgic Mishawaka gem brimming with income producing opportunity. Tax records indicate Commercial Zoning in place.

Last Agent to Sell the Property

Susan Ullery

RE/MAX 100 Brokerage Phone: 574-235-3446 Listed on: 11/03/2025

RE/MAX 100

Last Buyer's Agent

Josey Mikulyuk-Belitsky

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,959

Year Built

  • Built in 1924

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Gwr Fowlers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-09-10-356-001.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,959

Year Built

Built in 1924

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1924
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 108 G W R FOWLERS 1ST
  • Parcel Number ID: 71-09-10-356-001.000-023
  • Platted: Yes
  • Amenities: Tub/Shower Combination
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4859
  • Total Finished Sq Ft: 3868
  • Above Grade Finished Sq Ft: 3868
  • Below Grade Sq Ft: 991
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Living Great Room: Dimensions: 17x12, On Level: Upper
  • Kitchen: Dimensions: 13x12, On Level: Upper
  • Breakfast Room: Dimensions: 10x9, On Level: Upper
  • Dining Room: Dimensions: 15x12, On Level: Upper
  • Bedroom 1: Dimensions: 10x10, On Level: Upper
  • Bedroom 2: Dimensions: 10x9, On Level: Upper
  • Bedroom 3: Dimensions: 10x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 991

Exterior Features

  • Exterior: Brick
  • Roof Material: Flat
  • Outbuilding1: None
  • Fence: Partial, Chain Link

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x23
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Laundry: Dimensions: Mainx10, On Level: 13

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • Elementary School: Battell

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 108

Tax Info

  • Annual Taxes: 2959.1

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

Closed on
Jul 13, 2009
Sold by
Leal Sheila G
Bought by
Leal Benancio and Leak Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$34,099
Interest Rate
5.62%
Estimated Equity
$186,401

Purchase Details

Closed on
Feb 2, 2006
Sold by
Esposito Ralph and Esposito Regina F
Bought by
Kirk Howard R and Leal Benancio
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title In Llc
Warranty Deed -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2026 02/26/26 Sold $170,000 -14.8% $44 / Sq Ft
02/13/2026 02/13/26 Pending -- -- --
01/14/2026 01/14/26 Price Changed $199,500 -11.3% $52 / Sq Ft
12/05/2025 12/05/25 For Sale $225,000 0.0% $58 / Sq Ft
11/19/2025 11/19/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $225,000 -- $58 / Sq Ft
Source: Indiana Regional MLS

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202544517

Indiana Regional MLS

APN: 71-09-10-356-001.000-023

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