NOT LISTED FOR SALE

54438 Elm Rd Unit 5 Mishawaka, IN 46545

Estimated Value: $46,000 - $80,000

0.57 Acre
$110,526 Price per Acre
24,829 Sq Ft Lot

Last Sold March 05, 2019

Last sale price $22,500

Est. 180% increase in value since last sale

Current estimated payment $363/month

160 Days on Market

About This Lot

As of March 2019

Penn Township.. Building site. Over a half acre lot .64! Build your new home between Day and Douglas Roads. Centrally located and close to I-80, 331 /Capital Avenue and all of the areas best Shopping and Dining! There are 4 lots next to each other that can be purchased together or separatley..Lot 3,4,5 and 6. All have separate tax key numbers and addresses.

Last Agent to Sell the Property

Bobbie Vanosdal

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 09/05/2018

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Michelle Cassella

RE/MAX Oak Crest - Elkhart

RE/MAX Oak Crest - Elkhart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $518

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 135 x 218
  • Property fronts a county road
  • Finished Lot(s)
  • Zoning described as 500 Res Vacant platted lot

Parking

  • Driveway

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-04-36-151-008.000-031

Property Details

Property Type

Land

Est. Annual Taxes

$518

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 5 JPS ELM RD SUB 09/10 NP3056 06-06-08 |
  • Parcel Number ID: 71-04-36-151-008.000-031
  • Platted: Yes
  • Cross Street: Day
  • Grid: Penn S
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 81.82
  • State Id: 014-1061-125909
  • Zoning Description: 500 Res Vacant platted lot
  • Parcel Description: Level, 0-2.9999
  • Type of Sale: Traditional
  • Miscellaneous: Easy Access to Interstate
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Electricity Type: Available
  • Fuel Type: Gas

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elsie Rogers
  • Middle School: Schmucker
  • High School: Penn

Lot Info

  • Lot Dimensions: 135 X 218
  • Estimated Lot Sq Ft: 24829
  • Estimated Lot Size Acres: 0.57
  • Lot Number: 5

Tax Info

  • Annual Taxes: 518
  • Total Assessed Value: 26400
  • Tax Code: Tax Code 14-Penn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 5, 2019
Sold by
Eash Jerry
Bought by
Eash Jerry and Miller Jane
Seller's Agent
Bobbie Vanosdal
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Michelle Cassella
RE/MAX Oak Crest - Elkhart
List Price
$29,999
Sold Price
$22,500
Premium/Discount to List
-$7,499
-25%
Current Estimated Value
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,500
Avg. Annual Appreciation
16.97%
Original Mortgage
$180,000
Outstanding Balance
$160,214
Interest Rate
4.4%
Estimated Equity
-$97,214

Purchase Details

Listed on
Dec 15, 2015
Closed on
Mar 22, 2016
Sold by
Jp Holdings Llc
Bought by
Five Lions Investments Llc
Seller's Agent
Jim Scollon
RE/MAX 100
Buyer's Agent
Joel Fourman
Re/Max County Wide 1st
List Price
$29,900
Sold Price
$22,500
Premium/Discount to List
-$7,400
-24.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$67,500
Interest Rate
3.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eash Jerry -- Fidelity National Title
Eash Jerry -- Fidelity National Title
Five Lions Investments Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Five Lions Investments Llc $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $22,500 -18.2% --
02/12/2019 02/12/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $27,500 -8.3% --
09/05/2018 09/05/18 For Sale $29,999 +33.3% --
03/22/2016 03/22/16 Sold $22,500 -24.7% --
01/20/2016 01/20/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $29,900 -- --
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 $342 $17,300 $17,300 --
2023 $314 $17,300 $17,300 $0
2022 $314 $17,300 $17,300 $0
2021 $503 $25,600 $25,600 $0
2020 $497 $25,600 $25,600 $0
2019 $517 $25,600 $25,600 $0
2018 $512 $26,400 $26,400 $0
2017 $529 $26,400 $26,400 $0
2016 $518 $26,400 $26,400 $0
2014 $359 $16,500 $16,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201840002

Indiana Regional MLS

APN: 71-04-36-151-008.000-031