$190,000
SOLD AUG 27, 2024

528 W 4th St Mishawaka, IN 46544

5 Beds
3 Baths
2,190 Sq Ft
6,650 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

10% Below List Price

9 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding

About This Home

As of March 2025

Three-unit investment property with extra lot. All units are rented. Great location! Newer leases. Great investment opportunity! Must have 24-48 hour notice! TWO PARCELS: 71-09-16-186-017.000-023 AND 71-09-16-186-016.000-023 SECOND LEGAL DESCRIPTION: 46 1/3 Ft N Side Of 4th St X 8 Rds Se Cor Lot 1 Hurds Out Lots Buyer to check all information, taxes, schools and all measurements.

Last Agent to Sell the Property

Tricia Greaney

Summit Group Real Estate Listed on: 07/01/2024

Last Buyer's Agent

Alicia Olejnik

McKinnies Realty, LLC

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 1887

Lot Details

  • 6,650 Sq Ft Lot
  • Lot Dimensions are 50x133
  • Level Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-09-16-186-017.000-023

Community Details

Overview

  • 3 Units
  • Iron Works Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Fuel Expense $500
  • Insurance Expense $200
  • Maintenance Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,121

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1887
  • Age: 137
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 50'W SIDE LOT 15 W ST O P ST JOE IRON WORKS
  • Parcel Number ID: 71-09-16-186-017.000-023
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Parcel Id2: 71-09-16-186-016.000-023
  • Sp Lp Percent: 90.48
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 2250
  • Year Taxes Payable: 2023 Payable 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2790
  • Total Finished Sq Ft: 2190
  • Above Grade Finished Sq Ft: 2190
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 86.76
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 600
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Unpaved

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Annual Electric: 500
  • Annual Fuel Expense: 500
  • Annual Insurance Expense: 200
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 1200
  • Annual Water Sewer Expense: 1700
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x133
  • Estimated Lot Sq Ft: 6650
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 2250
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 3120.88

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
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
9
Views
38
Current Estimated Value
$202,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,167
Avg. Annual Appreciation
-22.76%

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
$63,755

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
Source: Public Records

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    Nice three-unit investment property located in Mishawaka. Located on the corner of Mishawaka and Lawrence. There is a one car detached garage. Great investment opportunity! Must have 24-48 hour notice! Buyer to check all information, taxes, schools and all measurements.

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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 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 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 $2,465 $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

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alicia Olejnik

    McKinnies Realty, LLC

  • T

    Seller's Agent in 2024

    Tricia Greaney

    Summit Group Real Estate

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202424204

Indiana Regional MLS

APN: 71-09-16-186-017.000-023

Indiana St Joseph County Mishawaka 46544

528 W 4th St, Mishawaka, IN

This home is located at 528 W 4th St, Mishawaka, IN 46544 and is currently priced at $190,000, approximately $86 per square foot. This property was built in 1887. 528 W 4th St is a home located in St. Joseph County with nearby schools including Lasalle 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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