NOT LISTED FOR SALE

501 Gernhart Ave Mishawaka, IN 46544

Estimated Value: $181,000 - $209,000

2 Beds
1.5 Baths
1,610 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $140,099 $87 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,201/month

3 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Formal Dining Room
  • Bar
  • 4-minute walk to Merrifield Park

About This Home

As of February 2021

MULTIPLE OFFERS- ALL OFFERS IN BY THURSDAY 9:30 am. PRESENTING AT 10:00 AM. Charming Mishawaka home located Just off of Mishawaka Ave. You won't be disappointed when you walk in this traditional 2 story home that has been well taken care of. Large living room is open to the dining room with access to the rear deck. The first floor has a den/office. The kitchen has a nook area with a built in desk area. All the kitchen appliances are included with the sale. The 1/2 bath on the first floor is a nice addition. The seller says there are hardwoods under the carpeting.  Upstairs you will find 2 large bedrooms. One with a balcony. Lots of closets in this home. The bathroom has been updated in the last few years. The basement has a family room and a bar finished. There is a lot of storage space left too. The laundry area is nice and clean and spacious.  The furnace/central air/ water heater/water softener are all new or newer. The home also has had replacement windows and custom window treatments. It is so well maintained that there should be nothing to do but move in and enjoy. The garage is an oversized 2 car with an opener. There is a wonderful deck area and use of brick pavers. Also, there are gutter guards on the house and garage.

Last Agent to Sell the Property

Kristi Ryan

RE/MAX 100 Listed on: 01/04/2021

Last Buyer's Agent

Wayne Ryan

McKinnies Realty, LLC

McKinnies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $902

Year Built

  • Built in 1928

Lot Details

  • 4,704 Sq Ft Lot
  • Lot Dimensions are 42x 112
  • Property is Fully Fenced
  • Vinyl Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Irrigation

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction
  • Gas Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 71-09-10-488-006.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$902

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1928
  • Age: 93
  • Style: Two Story
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 45 1ST ADD LINCOLN GARDEN REALTY CO
  • Parcel Number ID: 71-09-10-488-006.000-023
  • Platted: Yes
  • Amenities: Bar, Ceiling Fan(s), Countertops-Laminate, Deck Open, Dryer Hook Up Gas, Foyer Entry, Garage Door Opener, Irrigation System, Landscaped, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.85
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 1610
  • Above Grade Finished Sq Ft: 1368
  • Below Grade Finished Sq Ft: 242
  • Below Grade Sq Ft: 190
  • Price Per Sq Ft: 102.41
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 20x12, On Level: Main
  • Kitchen: Dimensions: 14x9, On Level: Main
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 22x11, On Level: Lower
  • Den: Dimensions: 17x8, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 432

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Full, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x26
  • Garage Sq Ft: 624
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Laundry: Dimensions: Lowerx11, On Level: 12

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 42x 112
  • Estimated Lot Sq Ft: 4704
  • Estimated Lot Size Acres: 0.108

Tax Info

  • Annual Taxes: 902

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
Jan 4, 2021
Closed on
Feb 8, 2021
Sold by
Wayne Lloyd C
Bought by
Jester Ronda K
Seller's Agent
Kristi Ryan
RE/MAX 100
Buyer's Agent
Wayne Ryan
McKinnies Realty, LLC
List Price
$134,900
Sold Price
$140,099
Premium/Discount to List
$5,199
3.85%
Current Estimated Value
$197,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,978
Avg. Annual Appreciation
7.47%
Original Mortgage
$112,079
Outstanding Balance
$101,300
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$92,579

Purchase Details

Closed on
Apr 29, 2019
Sold by
Wayne Lloyd Charles
Bought by
Wayne Trust
Source: Public Records

Range of Values:

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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
Jester Ronda K $280,198 Near North Title
Wayne Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jester Ronda K $13,000
Open Jester Ronda K $112,079
Closed Jester Ronda K $112,079
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $140,099 +3.9% $87 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $134,900 -- $84 / 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 $1,465 $145,000 $19,600 $125,400
2023 $1,465 $129,500 $19,600 $109,900
2022 $1,450 $127,500 $19,600 $107,900
2021 $1,244 $109,400 $10,600 $98,800
2020 $1,023 $91,300 $9,500 $81,800
2019 $902 $81,300 $8,300 $73,000
2018 $763 $74,900 $7,600 $67,300
2017 $802 $74,400 $7,600 $66,800
2016 $764 $74,400 $7,600 $66,800
2014 $726 $75,800 $7,600 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202100255

Indiana Regional MLS

APN: 71-09-10-488-006.000-023