NOT LISTED FOR SALE

509 E Lawrence St Mishawaka, IN 46545

Estimated Value: $152,000 - $187,811

4 Beds
2 Baths
2,034 Sq Ft
$83/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $109,900 $54 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,137/month

4 Days on Market

Highlights

  • Fenced Yard
  • Enclosed Patio or Porch
  • Covered Deck
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

INCOME PRODUCING OPPORTUNITY!! LIVE IN 1 UNIT AND RENT THE OTHER AS THE CURRENT OWNER DOES! Main level unit is spacious with a living room, dining room and kitchen as well as 2 bedrooms and a recently renovated bathroom. The master bedroom is huge and has a walk in closet! There's access to a big deck out back with a beautiful Pergola, a spacious well kept yard, and an oversized 2 car garage! The upper unit has an enclosed outside entrance of it's own. It has an open concept kitchen/living room, 2 bedrooms and a bathroom. It also has had recent renovations and has it's own laundry area! All main level appliances stay except the microwave and the all upper unit appliances stay except the washer & dryer. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Stephen Bottom

Realty Group Resources Listed on: 10/17/2020

Last Buyer's Agent

Doris Portolese

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Fenced Yard
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

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

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Space Heater
  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,080
  • Fuel Expense $1,080
  • Insurance Expense $1,100
  • Maintenance Expense $500
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$597

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Age: 140
  • Style: Two Story
  • 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, Ceiling Fan, Fenced Yard, Countertops-Laminate, Deck Covered, Deck Open, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Porch Enclosed, Water Heater Electric, Water Softener-Owned
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 650
  • Special Features: None

Interior Features

  • Total Sq Ft: 2753
  • Total Finished Sq Ft: 2034
  • Above Grade Finished Sq Ft: 2034
  • Below Grade Sq Ft: 719
  • Price Per Sq Ft: 54.03
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Brick, Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 719
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Central Air, Window, Heat Pump
  • Heating Fuel: Gas, Forced Air, Heat Pump, Space
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Annual Electric: 1080
  • Annual Fuel Expense: 1080
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 840
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • 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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 66 x 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 107

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel
  • Tenant Pays: Electric, Fuel

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 597

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Potts Zachery R
Bought by
Blue Line Partners Llc
Current Estimated Value
$168,453

Purchase Details

Listed on
Oct 17, 2020
Closed on
Dec 1, 2020
Sold by
Pollard Darlene K
Bought by
Potts Zachery
Seller's Agent
Stephen Bottom
Realty Group Resources
Buyer's Agent
Doris Portolese
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$107,908
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 30, 2020
Sold by
Pollard Darlene K
Bought by
Potts Zachery
Seller's Agent
Stephen Bottom
Realty Group Resources
Buyer's Agent
Doris Portolese
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$109,900
Sold Price
$109,900

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

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
Blue Line Partners Llc -- Metropolitan Title
Potts Zachery -- 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 Potts Zachery $107,908
Previous Owner Pollard Darlene K $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $109,900 0.0% $54 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $109,900 -- $54 / 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

  • Stephen Bottom

    Seller's Agent in 2020

    Stephen Bottom

    Realty Group Resources

    (574) 903-6004

    8 in this area

    98 Total Sales

    Stephen Bottom
    Section Image
  • Doris Portolese

    Buyer's Agent in 2020

    Doris Portolese

    Berkshire Hathaway HomeServices Northern Indiana Real Estate

    (574) 284-2610

    13 in this area

    30 Total Sales

    Doris Portolese
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202042196

Indiana Regional MLS

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

Indiana St Joseph County Mishawaka 46545

509 E Lawrence St, Mishawaka, IN

This home is located at 509 E Lawrence St, Mishawaka, IN 46545 since 17 October 2020 and is currently estimated at $168,453, approximately $82 per square foot. This property was built in 1880. 509 E Lawrence St is a home located in St. Joseph County with nearby schools including Battell Elementary School, John J. Young Middle School, and Mishawaka High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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