$125,000
$10K PRICE DROP

516 E Dragoon Trail Mishawaka, IN 46544

Mishawaka Area

Estimated payment $838/month

Total Views 97,260
3 Beds
2 Baths
1,504 Sq Ft
$83 Price per Sq Ft

Highlights

  • 1.14 Acre Lot
  • Ranch Style House
  • Circular Driveway
  • Meadow's Edge Elementary School Rated A-
  • Partially Wooded Lot
  • 1 Car Detached Garage

About This Home

Investor opportunity in Penn Schools! This 3-bedroom, 2-bath home is situated on a valuable 1+ acre lot on Dragoon Trail, just south of Mishawaka. Features include a living room with a fireplace, large family room, main floor laundry, a detached 1-car garage. and a convenient circular driveway. The property is in need of significant repairs and has extensive termite damage. Great potential for renovation, or land investment. Buyer should be aware that the City of Mishawaka will require connection to city water and sewer upon transfer. Property is being sold as-is. Square footage and measurements are approximate. Buyer to verify school assignments.

Listing Agent

Steve Weldy

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 06/15/2026

Weichert Rltrs-J.Dunfee&Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1950

Lot Details

  • 1.14 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned R1 Single Family Residential

Parking

  • 1 Car Detached Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Cedar

Interior Spaces

  • Living Room with Fireplace
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Meadows Edge Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-09-22-301-004.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Year Built

Built in 1950

Lot Details

1.14 Acres

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Beg 463' W Of Ne Cor W 1/2 Sw 1/4 Sec 22 37 3e †o POB Then 202' W 192.03' S 239.33' Se 318.7' N To POB 18/19 Cons w/027-1001-0211 Per Owners Req (legal description to be confirmed by title company)
  • Parcel Number ID: 71-09-22-301-004.000-022
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Main Floor Laundry
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1504
  • Total Finished Sq Ft: 1504
  • Above Grade Finished Sq Ft: 1504
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Fireplace: Yes
  • Living Great Room: Dimensions: 22x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 27x15, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Main Level Sq Ft: 1504
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Circular
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x14
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx8, On Level: 11
  • Well Type: Private

Schools

  • Elementary School: Meadows Edge

Lot Info

  • Lot Description: Partially Wooded, Slope, 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 49658
  • Estimated Lot Size Acres: 1.14

Tax Info

  • Annual Taxes: 1581.2
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,581 $175,200 $82,900 $92,300
2024 $1,575 $157,200 $82,900 $74,300
2023 $1,593 $156,700 $82,900 $73,800
2022 $1,593 $157,300 $83,500 $73,800
2021 $970 $93,600 $26,000 $67,600
2020 $747 $78,900 $22,000 $56,900
2019 $753 $78,900 $22,000 $56,900
2018 $695 $79,300 $21,200 $58,100
2017 $721 $77,300 $19,800 $57,500
2016 $598 $67,200 $17,200 $50,000
2014 $474 $52,400 $17,200 $35,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 Price Changed $125,000 -7.4% $83 / Sq Ft
07/18/2026 07/18/26 For Sale $135,000 0.0% $90 / Sq Ft
06/26/2026 06/26/26 Pending -- -- --
06/15/2026 06/15/26 For Sale $135,000 -- $90 / Sq Ft
Source: Indiana Regional MLS

About the Listing Agent

Steve Weldy

Weichert Rltrs-J.Dunfee&Assoc.

(574) 200-4044

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Steve takes great pleasure in living and working in the area. His real estate career commenced in 1991 following the sale of United Limo, his former business venture where he partnered with his father for a decade. After starting as an agent and eventually establishing his own office, Steve became a founding partner of another local real estate company. Actively involved in various aspects of the local MLS and serving as a Director, Treasurer, and MLS President for the Association of Realtors,

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Source: Indiana Regional MLS

MLS Number: 202623404

Indiana Regional MLS

APN: 71-09-22-301-004.000-022

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