528 W 4th St Mishawaka, IN 46544
5
Beds
3
Baths
3,090
Sq Ft
6,970
Sq Ft Lot
Highlights
- Luxury Vinyl Tile Flooring
- Level Lot
- Wood Siding
- Forced Air Heating System
About This Home
As of March 2025Make this incoming-producing triplex your next 2025 investment property! Tenants pay their own electric and gas. Owner covers water/trash. Off-street parking for tenants with included second parcel. Great location in Mishawka near parks, the river walk, and Ironworks plaza. A little TLC to the property will add value and increase rent rates. Sale includes second parcel ID 71-09-16-186-016.000-023 and Legal Description 46 1/3 Ft N Side Of 4th St X 8 Rds Se Cor Lot 1 Hurds Out Lots.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,655
Year Built
- Built in 1887
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x133
- Level Lot
Home Design
- Triplex
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Partially Finished Basement
- 1 Bedroom in Basement
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Parking Spaces
- Off-Street Parking
Schools
- Lasalle Elementary School
- John Young Middle School
- Mishawaka High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electric, heating
- The owner pays for building insurance, lawn maintenance, maintenance, sewer, trash collection, water
- Assessor Parcel Number 71-09-16-186-017.000-023
Community Details
Overview
- 3 Units
Pet Policy
- Pet Restriction
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $1,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
Mar 20, 2025
Sold by
Campbell Keith
Bought by
Mourning-Star Phoenix
Seller's Agent
Alicia Olejnik
McKinnies Realty, LLC
Buyer's Agent
Alicia Olejnik
McKinnies Realty, LLC
List Price
$205,000
Sold Price
$226,500
Premium/Discount to List
$21,500
10.49%
Total Days on Market
22
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.08%
Purchase Details
Listed on
Jul 1, 2024
Closed on
Aug 27, 2024
Sold by
Aviv Investments Llc
Bought by
Campbell Keith
Seller's Agent
Tricia Greaney
Summit Group Real Estate
Buyer's Agent
Alicia Olejnik
McKinnies Realty, LLC
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.86%
Original Mortgage
$142,500
Outstanding Balance
$141,578
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$55,509
Purchase Details
Closed on
Apr 14, 2015
Sold by
Ram Alon
Bought by
Aviv Investments Llc
Purchase Details
Closed on
Oct 26, 2011
Sold by
Banko Capital Lp
Bought by
Ram Alon
Purchase Details
Closed on
Oct 6, 2011
Sold by
Dixie Lee Hall Revocable Trust
Bought by
Banko Capital
Map
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Similar Home in Mishawaka, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | Metropolitan Title | |
| Warranty Deed | $190,000 | Fidelity National Title Compan | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | Lawyers Title | |
| Deed | -- | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $226,500 | +10.5% | $73 / Sq Ft |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $205,000 | +7.9% | $66 / Sq Ft |
| 08/27/2024 08/27/24 | Sold | $190,000 | -9.5% | $87 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 07/01/2024 07/01/24 | For Sale | $210,000 | -- | $96 / Sq Ft |
Source: Indiana Regional MLS
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 | $2,465 | $165,700 | $20,200 | $145,500 |
| 2023 | $2,465 | $105,000 | $8,900 | $96,100 |
| 2022 | $2,463 | $105,000 | $8,900 | $96,100 |
| 2021 | $2,294 | $97,300 | $9,800 | $87,500 |
| 2020 | $2,555 | $108,000 | $10,900 | $97,100 |
| 2019 | $2,452 | $103,200 | $10,400 | $92,800 |
| 2018 | $2,889 | $97,300 | $9,800 | $87,500 |
| 2017 | $3,081 | $96,200 | $9,800 | $86,400 |
| 2016 | $2,647 | $86,500 | $9,800 | $76,700 |
| 2014 | $2,312 | $85,500 | $9,800 | $75,700 |
| 2013 | $2,400 | $85,500 | $9,800 | $75,700 |
Source: Public Records
Source: Indiana Regional MLS
MLS Number: 202504398
APN: 71-09-16-186-017.000-023
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