NOT LISTED FOR SALE

509 E Lawrence St Unit 2 Mishawaka, IN 46545

Estimated Value: $159,000 - $174,632

4 Beds
2 Baths
1,840 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $147,500 $80 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,179/month

2 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Laundry in Utility Room
  • Fenced Yard
  • Enclosed patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

Duplex properly zoned per City of Mishawaka. Main level unit offers front enclosed porch, living room, dining room, kitchen to include stove/oven, dishwasher & refrigerator, 1st floor laundry off kitchen, 1 full bathroom (remodeled several years ago) 2 bedrooms (1 does not have closet) there is fresh paint throughout this unit and many room with new vinyl plank flooring, this unit has entrance to basement. Upper unit has mudroom/laundry room, remodeled kitchen to include stove/oven & refrigerator, 1 full bath-remodeled approx. 1 year ago, 2 bedrooms and living room. There is fresh paint throughout this unit and new gas forced air furnace in attic. Both gas & electric are separately metered. Very little information is available due to property being in an Estate

Last Agent to Sell the Property

Doris Portolese

Berkshire Hathaway HomeServices Northern Indiana Real Estate Listed on: 10/19/2022

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Last Buyer's Agent

Doris Portolese

Berkshire Hathaway HomeServices Northern Indiana Real Estate Listed on: 10/19/2022

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1880

Lot Details

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

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Rolled or Hot Mop Roof
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Michigan Basement
  • Block Basement Construction

Parking

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Heating System Uses Gas

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric
  • The owner pays for water
  • Assessor Parcel Number 71-09-10-356-002.000-023

Community Details

Overview

  • 2 Units
  • Gwr Fowlers Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,208

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Age: 142
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 107 G W R FOWLERS 1ST
  • Parcel Number ID: 71-09-10-356-002.000-023
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Deck Open, Garage Door Opener, Porch Enclosed
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1730
  • Year Taxes Payable: 2021 pay 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2752
  • Total Finished Sq Ft: 1840
  • Above Grade Finished Sq Ft: 1840
  • Below Grade Sq Ft: 912
  • Price Per Sq Ft: 80.16
  • Basement: Yes
  • Basement Foundation: Partial Basement, Michigan Basement
  • Basement Material: Block, Brick
  • Flooring: Carpet, Mixed
  • Total Below Grade Sq Ft: 912
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt, Rolled, Rubber
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 1
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Hvac: Ceiling Fan
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

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
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 107

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 107400
  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 1208.44

Multi Family

  • Gross Monthly Rent: 1730
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 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

Listed on
Oct 19, 2022
Closed on
Feb 3, 2023
Sold by
Potts Zachery R
Bought by
Blue Line Partners Llc
Seller's Agent
Doris Portolese
Berkshire Hathaway HomeServices Northern Indiana Real Estate
Buyer's Agent
Doris Portolese
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$147,500
Sold Price
$147,500
Total Days on Market
2
Views
129
Current Estimated Value
$167,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,658
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Nov 30, 2020
Sold by
Pollard Darlene K
Bought by
Potts Zachery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,908
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2005
Sold by
Dembinski Michael E
Bought by
Pollard Darlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

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    Section Image

Range of Values:

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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
Blue Line Partners Llc -- Metropolitan Title
Potts Zachery -- Metropolitan Title
Pollard Darlene K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potts Zachery $107,908
Previous Owner Pollard Darlene K $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $147,500 0.0% $80 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $147,500 -- $80 / 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 $2,923 $121,700 $34,800 $86,900
2023 $2,923 $124,500 $34,800 $89,700
2022 $1,755 $124,500 $34,800 $89,700
2021 $1,208 $107,400 $19,900 $87,500
2020 $747 $79,900 $17,600 $62,300
2019 $597 $70,800 $15,600 $55,200
2018 $542 $73,200 $14,200 $59,000
2017 $539 $61,500 $14,200 $47,300
2016 $513 $61,500 $14,200 $47,300
2014 $465 $60,900 $14,200 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202243475

Indiana Regional MLS

APN: 71-09-10-356-002.000-023