NOT LISTED FOR SALE

507 N Oakland Ave Mishawaka, IN 46544

Estimated Value: $177,000 - $311,000

6 Beds
2.5 Baths
2,880 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 06, 2025

Last sale price $150,000 $52 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,228/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2025

Great equity opportunity. Investor possibilities. Handrails are missing so be careful.

Last Agent to Sell the Property

Brian Barnard

Cressy & Everett- Elkhart Brokerage Phone: 574-606-1652 Listed on: 04/18/2025

Cressy & Everett- Elkhart

Last Buyer's Agent

Aris Ortiz

Brick Built Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1949

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 66x188
  • Level Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Twin Branch Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 71-10-07-376-008.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 76
  • Style: Two Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 12 RIVER GARDENS
  • Parcel Number ID: 71-10-07-376-008.000-023
  • Platted: Yes
  • Sp Lp Percent: 83.8
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3622
  • Total Finished Sq Ft: 2880
  • Above Grade Finished Sq Ft: 2880
  • Below Grade Sq Ft: 742
  • Price Per Sq Ft: 52.08
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Extra Room: 6th Bedroom, Dimensions: 13x16, On Level: Upper
  • Bedroom 1: Dimensions: 11x13, On Level: Main
  • Bedroom 2: Dimensions: 11x15, On Level: Main
  • Bedroom 3: Dimensions: 11x15, On Level: Main
  • Bedroom 4: Dimensions: 12x16, On Level: Upper
  • Bedroom 5: Dimensions: 12x16, On Level: Upper
  • Other Room1: Mud Room, Dimensions: 12x15, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 742

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x188
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 1955.34

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
Apr 18, 2025
Closed on
Jun 6, 2025
Sold by
Laffin Dennis Patrick
Bought by
Leos Fix And Flip Llc
Seller's Agent
Brian Barnard
Cressy & Everett- Elkhart
Buyer's Agent
Aris Ortiz
Brick Built Real Estate
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%
Views
60
Current Estimated Value
$214,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,345
Avg. Annual Appreciation
294.67%
Original Mortgage
$189,000
Outstanding Balance
$95,296
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$119,049
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
Leos Fix And Flip Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leos Fix And Flip Llc $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $150,000 -16.2% $52 / Sq Ft
04/18/2025 04/18/25 For Sale $179,000 -- $62 / 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 $1,028 $168,900 $45,000 $123,900
2023 $2,049 $177,000 $45,100 $131,900
2022 $2,049 $177,000 $45,100 $131,900
2021 $1,377 $121,600 $21,900 $99,700
2020 $1,308 $115,700 $20,900 $94,800
2019 $1,273 $112,500 $19,500 $93,000
2018 $1,467 $108,300 $18,600 $89,700
2017 $1,030 $87,600 $16,100 $71,500
2016 $981 $87,600 $16,100 $71,500
2014 $880 $86,700 $16,100 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202513596

Indiana Regional MLS

APN: 71-10-07-376-008.000-023